Spanish telco Telefónica has announced its GPS Plan (Growth, Profitability and Sustainability Plan) for the 2023-2026 period, with the aim of reaching 30 million FTTH homes passed, up from the current 20 million. Overall, the group will have 100 million FTTH passed homes worldwide by that date from the current 70.3 million. In a year, […]
The annual 4K UHD Summit in Malaga, Spain (November 13th-16th) says that 8K is still very much on the agenda of its participants. In particular Olivier Chiabodo, CEO at travel and conservation broadcast specialists The Explorers, and a speaker at the event, says that he expects China to have created an 8K high-resolution camera next […]
The Spanish public TV group CCMA (Corporacion Catalana de Medios Audiovisuales) has launched new streaming platform 3Cat, claiming to be a Netflix-esque service – but free of charge and in Catalonian. The service is aimed at a young audience, with programming based on series, entertainment programmes, documentaries, films, newscasts and children’s content with SX3 and […]
SEPI, Spain’s industrial public entity, is planning to acquire a 5 per cent stake in Telefónica. The move is aimed at strengthening the presence of the State in a “strategic company” such as Telefónica at a time when Saudi’s STC is taking an important stake in the operator, subject to the Government’s approval. According to […]
DAZN, the sports entertainment platform, has acquired the rights to broadcast Formula 1 exclusively in Spain for the next three seasons. Under the multi-year deal, DAZN will be responsible for the production of F1 in market until 2026. Racing fans can continue to watch all practice and qualifying sessions, F1 Sprint Events and Grands Prix […]
Mediapro, the sports rights and broadcast production group based in Spain, has confirmed that founding member and managing partner Jaume Roures will leave the company after nearly three decades. His exit came at the request of Mediapro majority shareholder Southwind Group, which controls over 80 per cent of the group, as well as minority shareholder […]
Telefónica’s second brand, O2, has revamped its services and added pay-TV to its offering with the launch of the Movistar Plus OTT platform. O2 subscribers in Spain will now be able to watch Movistar Plus at a cheaper price of €12 a month compared to €14 through other operators. ustomers have to go to its […]
Spain’s Telefónica is set to approve an early retirement plan that may affect up to 5,000 staff through to 2026. According to Expansión, the company estimates that between 2,500 and 3,000 workers will accept the redundancy keeping in mind a similar plan in 2021 when 2,982 workers accepted it out of a total of 4,532. […]
LaLiga has urged Spain’s Government to approve new legislation to ban on “pirate users entry to events” in a similar legal measure to Italy. “We are lacking of that final step to put an end to massive piracy,” said Javier Tebas, president of LaLiga, at a Europa Press event. “We have already been using the […]
Spain’s largest TV group Atresmedia, owner of Antena 3 TV and La Sexta among other TV channels, saw its profit to September fall by 4.4 per cent to €71.5 million. In line with this, its EBITDA fell by 5.4 per cent to €110.3 million. But revenues grew by 1.8 per cent to €666.4 million, boosted […]