
Read this: ITV shares fall as broadcasters are warned not to underestimate Netflix

Summary: Shares in ITV fell by nearly 6 on Thursday after investors took fright at a report warning that the market is underestimating the decline of traditional TV viewing and the disruptive impact of of services such as Netflix and YouTube. Consumers turning to services such as Netflix and Amazon are reducing the size of traditional TV audiences and the ability for ITV to make money from them. - www.theguardian.com
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