Movistar+, Telefonica’s IPTV platform, has become the largest TV operator in Spain in terms of revenues – ahead of both Mediaset and Atresmedia.

According to the latest figures from the CNMC, Movistar+ revenues were at €1.574 billion at the end of 2016 whereas Mediaset, operator of Tele 5 and Cuatro among others, and Atresmedia, operator of Antena 3 and La Sexta among others, made €1.021bn and €971 million, respectively.

Most of Movistar+’ revenues came from monthly subscription fees whereas in the case of the FTA, the main income was the advertising.

According to Infoadex, overall the TV market generated €5.865 billion in 2016, up 2.5 per cent on the previous year. From that figure, the 36 per cent (€2,148 million) corresponded to advertising, 30 per cent (€1.767 billion to pay TV fees) and €1.754 billion to state subsidies.

Other posts by :

1. Suitors eye Globalstar
2. SpaceX: IPO offer in days?
3. New Brittin, new BBC?
4. Forecast: SpaceX tracking to $20bn revenue in 2026
5. EchoStar’s Dish restructures debt obligations
6. AsiaSat hits Zee and JioStar with legal actions
7. Nvidia unveils orbital chip/computer for AI and data
8. Space Sector: ‘Profound Acceleration in 2026’
9. Starcloud wants 88,000 satellites

Categories: Articles, Broadcast, Markets, Pay TV, Research