There must be a good chance of the company (and valuation) being dragged along on the heels of the Netflix story - which is really starting to take off now. Interesting counter play.
This is a brilliant graph to study - the shares are taking a breather after the rise before (IMHO) the next leg of the rise.
Beating earnings expectations:- https://www.cnbc.com/2019/02/22/rok...arnings-beat-and-strong-streaming-growth.html
I see that ITV and the BBC are looking to set-up a competitor to Netflix in the UK:- https://www.bbc.co.uk/news/business-47383559
There is the start of a backlash again the BBC/ITV deal for a UK Netflix type business. The problem is this would be commercial and the BBC is majority funded by the public purse and licence fee income. Tricky!
Do not be surprised to see the BBC/ITV joint venture get bogged down in regulatory issues and "kicked into the long grass".
Wow these share have done amazing! I would discount the ITV/BBC venture in the UK to be honest, cant see it getting past the regulations.