European Commission probes Pay-TV model

The European Commission is close to launching a widespread probe into the sale of rights to exclusive TV content including films and sporting events.

The commission is weighing the impact of the current system on poorer countries in the EU.

What to watch: Technology is outpacing the ability of the Pay-TV industry in Europe to charge on a country-by-country basis, indicating the entire model could be ripe for disruption.

Related stocks: ITVPF, BSYBF, BT, MANU.

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