The current COVID-19 pandemic has resulted in a global lockdown of billions of people. Corollary to this, there has been an increase in internet usage and consumer demand for streaming platforms globally. Two music genres that One Media is particularly strong in, children's and classical, have seen demand increase. We expect One Media's short-term financial performance to remain intact as the uptick in home consumption should outweigh the decline in other areas such as commuting. We reiterate ou ....
04 May 2020
Cenkos: One Media iP Group Plc -- Lockdown led growth
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Cenkos: One Media iP Group Plc -- Lockdown led growth
One Media iP Group PLC (OMIP:LON) | 4.2 0 0.0% | Mkt Cap: 9.45m
- Published:
04 May 2020 -
Author:
Cavendish Research -
Pages:
9
The current COVID-19 pandemic has resulted in a global lockdown of billions of people. Corollary to this, there has been an increase in internet usage and consumer demand for streaming platforms globally. Two music genres that One Media is particularly strong in, children's and classical, have seen demand increase. We expect One Media's short-term financial performance to remain intact as the uptick in home consumption should outweigh the decline in other areas such as commuting. We reiterate ou ....