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Read this: Study: Pay TV Industry Sees First-Ever Subscriber Decline in Western Europe - The Hollywood Reporter

Summary: The U.K. reported a subscriber gain for 2012, but that was outweighed by drops elsewhere, including big declines in Spain and Italy. In the Southern European nations, financial crisis and a weak economy also have been a drag on box-office trends and TV advertising spending. The region ended 2012 with about 92.6 million pay TV subscribers, down from 93 million at year-end 2011, Informa Telecoms Media said. - link

Study: Pay TV Industry Sees First-Ever S…

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