Film and TV subtitling specialist Zoo Digital says the Hollywood writers’ strike is continuing to cause problems in its market, leading to significant losses.
The Sheffield-based firm issued a statement ahead of its AGM in which it said subdued demand for its services continued, forcing it to revise expectations that orders may recover next month. As a result, Zoo has halted long awaited plans to acquire a Japanese company which was intended to boost its market position in South East Asia.
Gillian Wilmot, chairman of Zoo said a resolution to the Writers’ Guild of America strikes is essential for its market to return to normal. …
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