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Cracks emerge in Liberty pillars as TV escape plan lingers

Even the usually stalwart Virgin Media suffered hefty video subscriber losses in Q1 2019, as the state of flux at parent company Liberty Global threatens to further dislodge the European cable industry. Liberty Global’s total video footprint suffered a decline of 52,800 subscribers during the quarter, with Virgin Media incurring a 24,300 decline across the UK and Ireland, dropping to a total base of just over 4.1 million. Indeed, the cord cutting saga in Europe seems minimal in comparison to recent pay TV losses at the US heavyweights but, as always, Europe eventually follows suit and Liberty Global looks to be playing its cards right by getting out of cable TV hard and fast. Unitymedia saw declines of 15,400 video…

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