Category: -Top News LATAM-En

Netflix increases its monthly subscription and starts VAT collection in Chile and Mexico from June

Starting next June 1st, Netflix will increase its monthly subscription value in Chile and Mexico, where their Government established  that, from that date, the platform must begin to pay VAT.  From next month on, the tax  payment l be part of the monthly value paid by each subscriber. The Chilean Government approved this year the [...]

ViacomCBS confirms CBS All Access international launch plans

ViacomCBS CEO, Bob Bakish, confirmed today during Viacoms earnings conference call that the companys OTT CBS All Access will undergo a rebranding soon as it expands internationally to incorporate more of the companys cable brands and library programming. ViacomCBS has not confirmed an official date for its arrival at Latin America yet, where it has [...]

Disney+ reports 54.5 million subscribers shortly after launching in Latin America

In its latest quarterly earnings release, Disney informed that Disney+, its new SVOD OTT launched in the US in November, now records 54.5 million subscribers. The platform is currently also available in the Netherlands, Australia, New Zealand, the UK, Ireland, France, Germany, Italy, Spain, Austria, Switzerland and India, and, recently, Disney confirmed that its launch [...]

WarnerMedia acquires all HBO services in Latin America

WarnerMedia has finalized its acquisition of Ole Communications minority stakes in both HBO Ole Partners and HBO Brasil Partners, the joint ventures between WarnerMedia and Ole Communications , and now owns 100% of all HBO, Cinemax and HBO Go services in Spanish-speaking Latin America and Caribbean, as well as in Brazil. HBO services in Latin [...]

Millicom cancels Telefonica’s operations acquisition agreement in Costa Rica

Millicom officially reported last May 2nd its decision to cancel Telefonicas operations acquisition agreement in Costa Rica, valued at USD 570 million and reached on February 20th, 2019. The company justified its determination supporting that, according to the agreement ran with Telefonica, in case of finding pending issues on the required regulatory conditions, as of [...]

Telefonica to suit Millicom for not acquiring its operations in Costa Rica

Telefonica announced that it will file a lawsuit against Millicom International Cellular (which operates in Latin America under the Tigo brand). According to the Spanish company, the decision is due to the fact that Tigo left the agreement to acquire its share capital in Costa Rica unfinished. This was confirmed in Madrid, in a document [...]

INCAA works on a new tax on Netflix and other OTTs in support of Argentine cinema

The Argentine Cinema and Audiovisual Arts National Institutes (INCAA) President,  Luis Puenzo, stated that the entity he chairs is working to collect a new film tax from OTTs such as Netflix and others, in order to support cinema and film productions in the country due to the Covid-19 pandemic (Coronavirus). In statements made in the [...]

Riot Games Brazil trusts VSN for its E-sports content archive

Riot Games, the League of Legends (LoL) developer and organizer of the Brazilian League of Legends (CBLoL) championship, has relied on VSN’s software to organize, edit and distribute the content generated in their massive events using VSNExplorer MAM. Due to the challenge that involves broadcasting these type of events, Riot Games required a dedicated deep [...]

Telecine partners with MediaMelon to optimize its streaming offer

MediaMelon, a company based in San Francisco and focused on content-aware streaming, announced that Brazils Telecine SVOD OTT has deployed its SmartPlay OTT streaming optimization platform to deliver a better video Quality of Experience (QoE) with lower content delivery costs despite an unprecedented surge in new subscribers and viewing hours that the Brazilian platform is [...]

Megacable ends Q1 with more than 870 thousand Xview subscribers and almost 5 million distributed STBs

In its Q1 2020 quarterly results report, Megacable reported that its  Xview  OTT ended the period with 874 thousand subscribers and 47 thousand net additions, which means, according to the company, a 5.7% growth compared to Q4 2019, when it recorded 827 thousand. Megacable also made 57 thousand additions to its HD offer, which now [...]