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The executive steps into the role as the company secures key global partnerships with Powerkids and Toon Goggles, expanding reach to over 60 million users and accelerating monetization of its animated IP through FAST channels and streaming platforms.

The company also expands its production portfolio. Moreover, studio’s Games Division, launched remotely in Bangalore in January 2024, has rapidly evolved into a full-scale development unit, further accelerating Saffronic’s creative output and market footprint.

Adjusted OIBDA rose 49% to $138.3 million, while net income reached $21.9 million. The studio's library generated a record $956 million over the past 12 months, including $340 million in Q4 alone.

The report outlines how the broadcaster’s Fast Forward strategy continues to deliver tangible results in a fast-changing media landscape. The channel reported total revenues exceeding £1 billion for the fourth consecutive year, reaching £1.04 billion.

Channel 4 reported a £20 million pre-tax loss in 2023 amid falling ad revenue, prompting a shift in commercial strategy. Its new in-house studio and revised IP terms aim to boost global content value and long-term sustainability.