Spain: Pay-TV revenues and subs increase in Q1
October 11, 2019
From Davd Del Valle in Madrid
Pay-TV take-up continues to grow in Spain to the detriment of FTA TV.
In the first quarter of 2019, pay-TV revenues increased by 2.6 per cent to €563.6 million, whereas FTA saw its numbers fall by 1.1 per cent to €422.7 million, according to the latest report from CNMC. As a whole, the audiovisual revenue in the country grew by 1.7 per cent year-on-year to €1.07 billion.
The number of pay-TV subscribers grew by 2.1 per cent year-on-year to 6.8 million, with IPTV leading the market with 4.6 million subscribers. FTTH subscribers went from 39.6 million at the beginning of 2018 to 46.6 million at the end of March 2019, with 9.1 million access points, up 2 million.
Convergent packages are driving the growth with 12.3 million subs.