IPTV and Web TV drive growth in Spanish pay-TV subscriptions
The number of pay-television subscribers in Spain reached a new high of 6.4 million at the end of the third quarter of 2017, an increase of 6.6 per cent on the same period a year earlier.
Figures from the CNMC, the country’s competition regulator, show that the main growth has been in IPTV subscribers (xDSL and FTTH), up by 464,000 year on year to 3.81 million.
Cable TV subscriptions were down slightly, from 1.49 million to 1.48 million, while satellite TV subscriptions, which have been on the decline in recent years, slipped by 141,000 to 810,000.
However, Web TV, which includes over-the-top services such BeIN Connect, Netflix and Amazon Prime, achieved growth of more than one third, to 310,000 subscribers.
Broken down by pay-TV operator, Movistar Plus, the service of telecoms giant Telefónica, is comfortably the top performer, with 3.75 million customers, by the end of September 2017, placing it ahead of Vodafone (1.36 million), Orange (585,000) and Euskaltel (400,000).
Movistar Plus, which holds rights to premium Spanish LaLiga soccer matches, accounted for €401 million of the €486-million value of the Spanish pay-TV market in the third quarter, with Vodafone a distant second, with €52 million.