Pay-TV investors panic in US
So far this week, Viacom is down 23%, Time Warner down 14% and Discovery down 15%. And it's not just the Netflix effect that has investors spooked. Should Sky TV shareholders be worried?
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Investors in companies with pay-TV interests are in a lather in the US.
So far this week, Viacom is down 23%, Discovery down 15%, Time Warner down 14%, Disney down 12%.
Why the panic?
Disney warned that its next quarterly result would feature "some subscriber losses" and some customers
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