5-Year Hit: Legacy Media Profits Halved, Linear Ads Share Decline
![](https://tvnewscheck.com/wp-content/uploads/2021/04/remote_control_closeup-400x225.jpg)
![](https://tvnewscheck.com/wp-content/uploads/2021/04/remote_control_closeup-400x225.jpg)
Global cash flow, earnings before interest taxes depreciation and amortization among six large legacy media companies declined to $17.2 billion in 2023 from $37.3 billion in 2018, according to MoffettNathanson Research.
This article was originally posted on mediapost.com
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