Cord-cutting has arrived in 12 Euro markets

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 […] The 12 markets showing a decline in Q1 2014 are: Belgium, Denmark, Italy, Malta, Netherlands, Norway, Sweden, Czech Republic, Latvia, Lithuania, Moldova, and Poland. […] Until recently, the cord-cutting phenomenon had largely been confined to the US market where very high pay TV penetration, high monthly cost and the economic downturn created a perfect storm that is now seeing a sustained downturn and the emergence of a new sub-group of ‘cord-nevers’—young households that do not bother taking a pay TV subscription. – Broadband TV News