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Analyst: Cord-cutting now a reality in Europe

Pay-TV cord-cutting is now an undeniable phenomenon in a large number of European markets as 12 countries witnessed a decline in overall pay TV uptake in the first quarter of 2014, according to IHS Technology’s latest European pay-TV Update. Six of these markets are seeing their second quarter of decline, suggesting a sustained softening of pay-TV across much of the region.

According to Guy Bisson, Research Director, Television at IHS Technology, hardest hit are

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