by Virginia Anziano | Dec 3, 2021 | Pay TV
As reported by Chilean telecommunications operator Entel, the company ceased to sell its Satellite TV service (DTH) to new subscribers in the third quarter of 2021. Existing users will continue receiving the service for the time being. Entel spokespeople have...
Global:
Netflix acquires visual effects studio Scanline VFX
by Virginia Anziano | Nov 22, 2021 | OTT / VOD
Netflix moves forward with its plan to acquire companies that may contribute to enhancing its in-house production capabilities worldwide. Following the acquisition of Roald Dahl Story Company (RDSC) and Night School Studio earlier this year, on November 22 the...
Latin America:
Grupo Werthein closes transaction and takes over DirecTV
by Virginia Anziano | Nov 15, 2021 | Pay TV
On November 15, Argentina’s Grupo Werthein issued a press release to announce the close of the transaction for the acquisition of 100% of the capital stock of Vrio division from AT&T. Vrio manages DirecTV Latin America, Sky Brasil and DirecTV Go. In this way, the...
Latin America:
On the eve of takeover by Werthein, DirecTV posts subscriber loss for three quarters in a row
by Virginia Anziano | Nov 1, 2021 | Pay TV
DirecTV Latin American unit, managed by Vrio division, posted a decrease in its subscriber count for three quarters in a row, according to telecommunications company AT&T Q3 2021 financial results. Grupo Werthein is to become the owner of Vrio on the close of the...
Latin America:
ViacomCBS acquires majority interest in Fox TeleColombia & Estudios TeleMéxico
by Virginia Anziano | Oct 28, 2021 | Audiovisual Market in General
On October 28, audiovisual behemoth ViacomCBS announced that it had entered into an agreement to become the majority stockholder of Fox TeleColombia & Estudios TeleMéxico. The Walt Disney Company, which has owned 51% stake since the acquisition of Fox, will cease...