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The Australian company released its annual financial results, where it reported a profit of $134.9m.

The injunction was granted in response to a lawsuit brought by FuboTV, who had claimed that the new sports streaming platform was anticompetitive and would upend its business.

Parrot Analytics' Streaming Report Card revealed that, in the second quarter of 2024, Netflix continued to assert its dominance with subscriber growth and revenue, while other platforms like Disney+, Hulu, and Max face varying levels of success in retaining their demand share.

The company reported a significant increase in its streaming subscribers, strong gains in TV advertising revenue, and a confirmation of its full-year outlook and long-term streaming targets.

The company presented its financial results for the second quarter of 2024, which saw a weaker performance in its TV Media and Filmed Entertainment segments, but a 13% year-over-year increase in revenue for the DTC segment.