Viacom pays $345m for Telefe

US media giant Viacom has confirmed it is buying Telefe, paying US$345 million for Argentinian commercial free-to-air broadcaster. The deal has been in the works for months, with Viacom ultimately beating off rivals such as Turner to acquire the Telefónica-owned network. Viacom will pay Telefónica US$345 million in cash for the channel, which is lower […]

Telcos are ‘taking over pay TV’

Telecoms companies will account for over half of all pay TV subscriptions in Western Europe and Lat-Am within five years, according to new research. Research house Ovum forecasts that over a quarter of all global pay TV subs will be through telcos, with additions largely going to be driven by organic expansion of IPTV services. […]

Time Warner, Viacom circle $400m Telefe

Time Warner and Viacom are the big-name media groups assessing offers to buy Argentinian free TV broadcaster, according to The Wall Street Journal. An offer of around US$400 million would entice current owner Telefónica to sell, the report claims. Time Warner already has a successful pay TV business in Latin America through its Turner and […]

Sky ‘rapidly closing the gap’ on Liberty Global

Sky is “rapidly closing the gap” on its larger rival Liberty Global in Western Europe, according to new research. The Digital TV Research report claims that Liberty Global’s subscriber count in the region will drop from 18.5 million to 17.4 million between 2015 and 2021, while Sky’s will rise from 16.9 million to 17.3 million. […]

Telefónica’s Movistar orders original drama

Telefónica is ramping up its investment in original content following the launch of Netflix in Spain earlier this year. The telco’s premium TV service, Movistar+ is commissioning a drama series based on the 2010 best-selling novel Dime Quién Soy by Julia Navarro. The series will be a produced jointly by Movistar and DLO Productions’ José Manuel Lorenzo, […]

Canal+ name to go as Telefónica rebrands nets

Telefónica is rebranding its Spanish Canal+ channels in a move that will see the Canal+ brand disappear from Spain, to be replaced by a portfolio of channels that carry the Movistar brand used by the telco for its domestic business. The rebranding exercise, which is taking place a year after the acquisition of the Canal+ […]

Mediaset rejects revised Vivendi deal

Mediaset yesterday poured cold water on Vivendi’s overtures in search of a revised agreement to take a stake in its pay TV arm and develop a strategic partnership with the Italian broadcaster. Mediaset said that there were currently no negotiations taking place between the pair. It asserted that talks ended with the contract signed on […]

Telcos target TV

Telecoms operators are increasingly looking to TV to drive new subs, increase customer loyalty and create a new revenue stream. Mark Newman, consultant and former chief research officer at Ovum, looks at which operator is doing what and where… and why. Hong Kong’s PCCW is beginning to feel more like a television company than a […]

A (Movi)star is born

A new player is joining Europe’s top drama producers: Spain’s leading pay TV platform Movistar Plus has committed to launching eight original series a year, starting in 2017. Domingo Corral, Movistar Plus’ original production director, tells TBI about this strategic bet. Movistar Plus’ premium TV fiction foray kicked off in January when Alberto Rodríguez’s La Peste (The […]

Telefónica tops 8m TV subs

Telefónica had 8.3 million TV customers at the end of the year, up 12% year-on-year, with strong growth of 10% recorded in Spain alongside growth of 16% in Spanish-speaking Latin America and 10% in the economically challenged Brazilian market. Overall, Telefónica added 117,000 pay TV customers in the quarter to December, including 4.6 million satellite […]