Spanish pay-TV platform Digital+ closed the year on 2,044,000 subscribers, adding 38,000 net subs on the quarter, and 84,000 on the year. The DTH platform continues to be available from both the Astra and Hispasat satellites.
The climb in subscriber numbers is due to both an increase in gross additions and a fall in churn, which has been brought now to 11.5%.The 38,000 additions is greater than the fourth quarter figures for 2005 (20,000) and 2004 (22,000).
Forty-two per cent of subscribers take the Canal+ premium tier and 53% the Digital+ pay-TV packages. Of new subscribers just 15% opt for a package priced at less than €20.
Sogecable, which controls Digital+ and the Canal+ brand in the Spanish market, reported record turnover figures of €1,654.7 million. Revenues were boosted both by Digital+ and the free-TV channel Cuatro. The pay-TV activities recorded an EBITDA of €308m, while the one-year old Cuatro reported a loss of €98.8m. (JC)
Read more in New Television Insider