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Axios
Axios
Business

TV's tough trajectory

Amazon NFL Paramount Disney Google United States Warner Bros Discovery
Data: MoffettNathanson; Chart: Tory Lysik/Axios Visuals

2022 was one of the hardest years ever for traditional television companies — and it’s only expected to get worse as the ad market continues to slow and cord-cutting accelerates.

Why it matters: The transition to streaming has wreaked havoc on the business models of major media firms, driving a new wave of consolidation and putting smaller channels' survival at risk.

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