Latin American SVOD subscriptions are forecast to reach 51.10 million by 2024; almost double the 27.12 million recorded at end-2018.
Two operators currently dominate Latin American pay-TV, with America Movil and DirecTV/Sky accounting for nearly half of the region’s subscribers at the end of 2018.
H&C and Digital Cornucopia have announced a partnership to produce, launch and distribute H&C in Spain, Portugal and Latin America.
Insight TV has announced its foray into Latin America through SES’ Latin American Ultra HD platform.
Revenues from OTT TV episodes and movies for 19 Latin American countries will grow by $4 billion to $6.43 billion in 2023; up from the $2.47 billion recorded in 2017.
According to Dataxis, as at Q1 2018 pay-TV in Latin America reached 71.4 million subscribers, which represented a drop of around 0.1% compared to the end of 2017.
Netflix and Telefónica have entered into a global partnership to integrate Netflix’s service into Telefónica’s TV and video platforms in Europe and Latin America.
The Pay TV market in Latin America reached 74.3 million subscribers in the second quarter of 2017, according to Dataxis research.
Subscription Video on Demand(SVOD) services are showing great potential growth in Latin America and is expected to reach 17.4 million in 2017, while Netflix will continue to dominate the market.
The number of pay-TV subscribers in Latin America is expected to reach 73.7 million at the end of 2017, which represents a rise of 3.4% compared to the year 2016.