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Top Citi media analyst Justin Diddams to depart

Diddams departing Citigroup.

Diddams departing Citigroup.

One of Australia’s most respected media analysts Justin Diddams is to depart his role with Citi Group.

The Australian Financial Review’s Street Talk column reports Diddams, who has been with the bank since 2010 will take some time off before pursuing a new venture in 2016.

Diddams is well regarded across the industry and advises clients including the REA Group and Network Ten.

Among this notes this year from Diddams was one of the most extensive analyses of the video streaming market which predicted Australia’s major TV networks will lose around 10 per cent of consumer viewing time in the next three years to streaming services, with Netflix projected to have 2.5m local users by 2018.

He did not respond to requests for comment.

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