Argentinian OTT Vesvi folds

The Argentine platform Vesvi stopped offering its videos streaming service in the country. According to its website, it has been suspended since the beginning of the year.

“We are working for you. The service will be suspended from January 1”, announces a message on the portal. Vesvi was launched in November 2011, becoming one of the country’s first OTT platforms in competing with Netflix (which was launched in September 2011). The company is owned by the Argentine Group Vi-Da of Hadad family.

The customer service area said Vesvi is not working to reactivate the service and subscriptions have been cancelled. However, they gave no further details nor commented on the reasons to close down the operations.

Vesvi offered its contents in three modalities: T-VOD, S-VOD and free contents. The catalog included films, series, author films, documentaries, short films and music content, among others. The service had even reached agreements to offer its app on Philips, Samsung and LG SmarTVs.

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