Sky, which launched in 2017 in Spain in order to compete with HBO and Netflix, will cease its OTT service in the Spanish territory as of September 1.
The platform has not been able to cope with the great competition and has had to withdraw from the race for the largest number of subscribers.
“After an internal review, I have taken the difficult decision to cease activities on 1 September”, states SkyEspaña in a statement in which it thanks “the loyalty of our customers and collaborators, and especially the dedication of our team over the last three years”.
SkyEspaña had agreements with twelve channels – Fox, Fox Life, Nicke- lodeon, Disney Junior, Disney XD, Comedy Central, TCM, National Geographic, TNT, SyFy, Calle 13 and Canal Historia – as well as offering its own content on demand – such as the series Catalina la Grande and Cobra.
“Sky will cease its activities in Spain on September 1st. For that reason, we have eliminated the process of registration of new users. We are sorry for the inconvenience”, according to the platform’s website.
Likewise, in the communication sent to its subscribers, Sky assures that its users will be able to continue using their accounts with total normality until August 31. However, the platform also said that as of August 10, some of the content will disappear due to the end of the agreements with the suppliers.
Sky first announced its plans io launch an OTT service in Spain in July 2017.