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First‑half revenue slipped 3.3% to €3.09 billion while Adjusted EBITA fell 21.6% to €246 million; free cash flow soared to €370 million from €128 million a year earlier.

Legacy U.S. dramas and sitcoms continue to dominate global streaming, with "Grey’s Anatomy" leading at over 1 billion hours viewed across Disney+ and Netflix. As platforms embrace cross-licensing, classics like "Friends," "Prison Break," and "The Big Bang Theory" prove that older, bingeable series remain streaming’s most valuable assets.