Monthly Archives: February 2020

Chile to charge 19% VAT on digital platforms since June

Starting next June 1st, foreign companies that provide digital services will start paying 19% Value Added Tax (VAT) in Chile. The measure impacts on foreign digital platforms that provide digital services in the country. Some of the affected OTTs will be Netflix, Amazon and others. The aim of the measure is that companies that are [...]

Enacom gives pay TV licenses for cooperatives in Argentina

The Community Broadcasting Services Provision and Marketing Cooperative of Argentina (Colsecor), an entity that brings together cooperatives and SMEs throughout the country to provide them telecommunications services, reported that the National Communications Agency (Enacom) granted 32 licenses , which include internet, pay TV services and virtual mobile operators (VMO). Claudio Ambrosioni, head of Enacom, had [...]

Oi adds CNN Brazil to its catalog and will continue broadcasting Turner channels

According to Brazilian specialized websites, the pay TV operator Oi ran two agreements in recent days, which will allow it to include CNN Brazil, which is about to launch in the country, in his programming grid, and continue broadcasting the Turner channel catalog, after several months of negotiations. With the agreement, Oi will be able [...]

Megacable announces new FTTH migration plan

Megacable announced it will make a USD 400 million investment in a new FTTH infrastructure construction project with GPON technology. Enrique Yamuni, CEO at Megacable, explained that the network will be deployed in the main cities where the Group is operating. The project includes the migration of subscribers with HFC technology service to the new [...]

AnimeFLV and AnimeYT would launch new anime platform for Latin America

After the Anime FLV streaming platform announced that it will start to develop a business model in support of legal anime, several media specialized in anime reported a possible alliance between AnimeFLV and AnimeYT to launch a new legal anime platform in Latin America, which would be called  ‘Anime Onegai’. The release date has not [...]

Bob Chapek is named new CEO of The Walt Disney Company

The Walt Disney Company announced on February 25th that Bob Iger, CEO of the company for the past 15 years, will leave his position when his contract ends on December 31st, 2021. The position will be held by Bob Chapek, current Chairman of Disney Parks, Experiences and Products. Recently, the group announced its new structure [...]

Megacable ends 2019 with more than 800 thousand Xview subscribers and almost 5 million distributed STBs

In its Q4 2019 quarterly results report, Megacable officially reported that its OTT Xview recorded 111 thousand net additions during the period, to reach 827 thousand subscribers at the end of 2019. The figure, according to the company’s report, means a 15.4% growth in relation to Q3 2019. On the other hand, the Mexican group [...]

Netflix to develop its first two original productions in Peru

Netflix announced that it will make a film and a series in Peru, which will be its first two original productions in the country. Both projects are expected to be released in 2021. With these news, the OTT continues to expand its original production plan in Latin America: it has recently announced new productions in [...]

Searchlight and Forgelight to take Univision majority stake

After several weeks of speculation about a possible sale, Univision confirmed that Searchlight and ForgeLight will acquire 64% of its shares, while Televisa will retain the remaining 36%, in addition to the Programming License Agreement it has with the US company. Wade Davis, former Viacom CFO, will be in charge of Univisions executive direction once [...]

Millicom ends 2019 with 3.5 million cable customers

On its Q4 2019 results report, Millicom -which operates in Latin America under the Tigo brand-, reports to have added 63 thousand HFC customers in the period and 351 thousand  during the year, to reach 3.5 million at the year-end. In addition, the company informed that, in its residential cable business, it expanded its HFC [...]