ZOO Digital has provided a trading update outlining that two short-term market factors have impacted trading in Q1’24, resulting in a lowering of FY24 forecasts, and a change to FY22A and FY23E profits due to a reinterpretation of IFRS 15. The ongoing reorganisation at a number of major media companies has been well documented (e.g. Disney has cut c.7k employees YTD), and alongside a strike by the Writers Guild of America has impacted ZOO’s Q1’24 trading. ZOO’s medium-term outlook remains undimi ....