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Netflix saves ‘Sesame Street’ from foreclosure with streaming deal, but troubles remain - MarketWatch

1. Netflix secures multiyear deal for 'Sesame Street' after HBO's exit. 2. Ratings for 'Sesame Street' have significantly declined over recent years. 3. The show ranked 14th in children's programming on streaming platforms in 2023. 4. 'Sesame Street' adjusts format to narrative storytelling to boost engagement. 5. Challenges persist despite new deal due to declining audience appeal.

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FAQ

Why Neutral?

While the deal is a positive for NFLX, declining viewership could limit growth potential.

How important is it?

The deal provides content but underlying audience declines pose risks to future revenues.

Why Short Term?

Immediate impact from the announcement but future performance hinges on children's engagement.

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