Spanish telco Telefónica is seeking to become a key player in the production of Spanish-speaking TV content internationally. To this end, the company is investing €70 million every year in the production of TV series and movies to be distributed worldwide.
The company plans to release between 6 and 8 TV series per year and currently it is working on 20 different projects.
“We are developing the greatest Spanish-speaking content industry in partnership with all pay TV operators, investing in original fiction, supporting the authors and producers’ talent in Spanish and evolving into a new concept of personalised television using the Big Data intelligence” , said Luis Miguel Gilperez, president of Telefónica.
Besides, Telefónica’s pay TV platform is set to launch the service Home Zone that will allow subscribers to watch TV through three simultaneous devices with access to football channels, live content and HD VoD on any platform with a recommendation service of content bearing in mind the past consumptions of the consumers.