Traditional pay TV operators continues to move towards streaming services. The European operator Sky recently confirmed that it plans to launch an OTT service in Spain.
“During the first half of our fiscal year, we intend to launch a simple and affordable OTT service in Spain, the Eurozone’s fourth largest economy and the market which has the largest free-to-air (FTA) headroom in Europe outside of our existing footprint,” said the CEO Jeremy Darroch.
Sky has 22.5 million subscribers across its operations in the United Kingdom, Ireland, Italy, Germany and Austria. In this way, the OTT launch will mark the entry into the Spanish market, reported Variety.
Sky did not offer further details about the content offer, but it could include own and third-party productions, which represents a new window for Spanish-speaking companies in Europe and Latin America.
In this way, developed markets such as Europe and the United States serve as a model for the Latin American market. In this same way, another regional DTH operator, DirecTV, has already launched its OTT pay TV service Now in the United States and plans to bring the platform to Brazil next year.