The Argentine government officially announced, through decree 354/2018, the implementation of Value Added Tax (VAT) in digital services such as Netflix and Spotify, among others. The new regulation becomes effective on Wednesday, April 25. According to the decree, the tax will be paid by consumers, either directly or through intermediaries. The rule establishes that if [...]
US telecommunications company AT&T plans to launch a “skinny bundle”, which will not include sports, for a USD 15 monthly subscription, according to The Wall Street Journal. The new offer, called AT&T Watch, was announced Thursday by the company’s Chief Executive Randall Stephenson. The executive did not disclose which channels it would offer or when [...]
Netflix announced on Monday that it planned to raise USD 1.5 billion in debt. The company said it intends to use the net proceeds from this offering for general corporate purposes, which may include content acquisitions, production and development, potential acquisitions and strategic transactions, among others. The streaming giant had raised $1.6 billion in debt [...]
Netflix has launched a new feature that allows users to watch 30-second previews of TV shows and movies in the company’s mobile app, in Snapchat-style. Each preview is presented in a vertical format, so users can watch them without turning their phones. Currently, it is available for iOS devices and, according to the company, is [...]
Brazilian telecommunications company Oi announced the launch of new postpaid mobile plans that include access to online video apps such as Fox+, WatchESPN, Discovery Kids ON! and Coleção Oi. The basic plan includes 7Gb of data and access to Coleção Oi for R$ 84.90 (USD 24.8), while the highest plan, called Master, includes 50 GB [...]
Brazilian telecommunications operator TIM (Telecom Italia) reformulated its fixed broadband offer, which it markets under the TIM Live brand, with the launch of new FTTH packages that include online content from partners such as Fox+, Cartoon Network, Looke and Esporte Interativo. The new offer is initially available in Rio de Janeiro and Sao Paulo, but [...]
Netflix added 7.4 million subscribers in Q118 (including courtesy accounts), more than the 6.3 million expected by analysts. The service reached 125 million members worldwide (118.9 million are paid accounts). In the United States, Netflix added 1.9 million members and reached 56.7 million (55.1 million paid accounts). In the international market, it added 5.5 million [...]
According to Dataxis latest research, as at 2017, Latin America reached 18.2 million of active paid account subscribed to a Video on Demand OTT service (S-VoD). This means an annual increase of 29.8%. Such volume is equal to 25.2% of the total fixed broadband accesses, which indicates it has more room to growth. Netflix remains [...]
Movistar Peru announced investments of close to S/1,400 million (USD 434 million) this year to improve the infrastructure of its fixed and mobile networks throughout the country. In this context, the company reported that Movistar Play streaming service has more than 580,000 users and the goal is to reach 1 million by the end of [...]
Formula 1 announced that it will launch its streaming service, called F1 TV, in May, ahead of the Formula 1 2018 Gran Premio De Espana. Until that time, Formula 1 will continue to run a closed beta version of the service to a small subset of fans. F1 TV will have two service levels at [...]
