Spanish pay-TV drops 500,000 subs, PPV collapses
The Spanish pay-TV market is in free fall with the loss of 502,190 subscribers over the last year, down 11.7 per cent to 3,771,617 from 4,273,807, according to the latest report from the Competition watchdog CMT (Telecommunications Market Commission).
All pay-TV operators have suffered a significant setback with Telefonica’s IPTV service Movistar TV taking the worst with a fall of 158,685 to 630,324 subs. Pay DTT channel Gol TV has also registered the second sharpest drop with a loss of 110,156 to 223,000 clients. Canal Plus lost 98,713 to 1,646,172 whereas ONO lost 76,476 to 829,999.
The demand for PPV football and cinema services collapsed: 6,346 fooball matches watched on ppv against 34,618 the previous year; 1,173,659 films against 1,632,367 one year earlier.