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TV industry sees digital threat rising as viewing habits change

Media stocks take a beating in past week, with modest uptick at the end of the week

SPOILT FOR CHOICE: Viewers now have more choices on the Internet through online subscriptions to companies such as Netflix (pictured).

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IS IT time for big television to start worrying about digital?

For years, the threats to traditional television have been present, but the digital revolution now appears to be gathering momentum, raising the prospect of shifts in viewing habits which could devastate...