Category: -Top News LATAM-En

OTTs must offer 30% of Mexican productions

For the second time, the Mexican Senate approved a measure that establishes that OTT platforms must have 30% of content made in the country. As reported by the local newspaper El Universal, the measure had already been approved last week, although the  Senate decided that the issue be submitted to a second discussion in Commissions. [...]

Netflix, YouTube, Globo, Facebook and Instagram decrease their video quality in Latin America

With the worldwide expansion of Covid-19 (Coronavirus), in recent days Netflix and YouTube announced that they have decreased their quality in Europe, in order to improve connectivity during compulsory social reclusion in countries affected by the epidemic. The move recently moved to Latin America, where Netflix, Facebook, Instagram, YouTube, and Globo applied the same measure. [...]

Netflix creates USD 100 million fund to assist the industry due to Coronavirus

Netflix has created a USD 100 million relief fund to help members of the creative community who have been left unemployed and without a way to earn an income during the coronavirus crisis. The streaming giant said the bulk of the funds will go toward supporting laid-off crew members. The COVID-19 (Coronavirus) crisis is devastating [...]

Quibi, HBO Max and Peacock stick with initial launch plans despite global Coronavirus disruption

Quibi, HBO Max and Peacock, new OTTs soon to launch, confirmed that they will keep the originally stipulated release dates despite the impacts that Covid-19 (Coronavirus) is making on the industry globally. As reported by the specialized website Multichannel, a Quibi spokesperson said that our plans for the app launch have not changed, and confirmed [...]

Fox Corporation acquires Tubi for USD 490 million

Fox Corporation announced it has acquired the AVOD OTT Tubi for USD 490 million. The agreement for the acquisition includes USD 440 million to be paid cash, and the remaining USD 50 million in additional payments in the form of deferred consideration over the next three years. Last January, Tubi had made its official arrival [...]

TV Brasil to also offer BBC Studios content

BBC Studios announced an agreement with TV Brazil, which includes the broadcast of 60 hours of premium British content on the country’s FTA TV. The offer includes renowned period dramas and scientific documentaries such as the four full seasons of the award-winning series Sherlock (2010), which premiered yesterday on TV Brasil, from Monday to Friday. [...]

OTT platforms to have a Colombian content section

The Colombian Information and Communication Technologies Ministry (MinTIC) announced that, starting this year, digital platforms will have a section in the country that includes content made in Colombia. To advance this commitment, the MinTIC published the draft decree that regulates article 154, so that those interested can participate with their contributions, comments and suggestions, with [...]

20% Telefonica Chile’s TV customers are on IPTV

On its Q4 2019 financial results report, Telefonica Chile reported revenues valued at CH$ 152,265 million (USD 182 million) The income figure fell by 10.5% compared to the January-December 2018 period, when it was valued at CH$ 170,192 million (USD 203.5 million). Telefonica also recorded 523 thousand TV accesses during the year, 19.7% less than [...]

Pluto TV to be launched in Latin America with content from 55 partners

Pluto TV, the ViacomCBS AVOD OTT, which will arrive at Latin America this month, partnered with more than 55 content providers, in order to offer a wide catalog for its launch in the region. This way, the confirmed Pluto TV partners in Latin America are A2 Filmes, All3Media, BBC Studios, Big Media, Blue Ant Media, [...]