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Telefonica planning to turn Movistar+ into content aggregator - report

Tuesday 20 July 2021 | 10:50 CET | News
Telefonica intends to compete with fast-rising rivals in the audiovisual space by converting its Spanish Movistar+ pay-TV platform into a true content aggregator, according to sources cited by online newspaper El Confidencial. The move comes in response to the 130,000 pay-TV customers lost by Telefonica over the past year, with Movistar+ subscribers falling from over 4 million to 3.89 million due to competition from Amazon Prime Video, Netflix and Disney+ above all.

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Categories: Broadcast & Satellite
Companies: Telefonica
Countries: Spain
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