América Móvil

US ‘concern’ over America Movil’s move into Mexican pay TV

Officials from the US have reportedly raised concerns to Mexico over plans to allow America Movil to enter the pay TV market in the country. According to sources cited by Reuters, officials including Deputy US Trade Representative (USTR) Jayme White have told Mexico’s Economy Ministry and the Federal Telecommunications Institute (IFT) that the entrance of […]

Televisa creates Netflix SVOD rival

Mexican broadcaster Televisa has launched an SVOD service, Blim, which will go head-to-head with Netflix in Latin America. The service debuted yesterday with exclusive, first-run programming such as James Bond movie Spectre and US series such as Wayward Pines. It will also include a large volume of Televisa library programming. The plan is to create […]

Shazam raises US$40m from America Movil

Shazam has raised US$40 million (€31 million) in funding from Latin American telco America Movil, in a deal that sees the firms form a “strategic business collaboration” in the region. Second screen app and media recognition specialist Shazam said that the funds would help “accelerate Shazam’s ongoing growth in music, continued expansion into television and […]

América Móvil launches Netflix rival

Latin America’s largest telco América Móvil is taking on Netflix with the launch of a cut-price programme streaming service. The Clarovideo service has rolled out in Mexico and undercuts Netflix with a monthly subscription fee of Peso69 (US$5.32). Netflix, meanwhile, launched last year and is priced at Peso99. In its latest financial results Netflix said it […]