Trends in the AudioVisual Industry
Trends in the AudioVisual Industry
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Uruguay:
TCC, Nuevo Siglo and Montecable are granted approval to form a consortium
The three Uruguayan Cable TV companies based in Montevideo −TCC, Nuevo Siglo and Montecable- have already been granted regulatory approval to form a consortium. As a result, they will start joint operation of both Pay TV and fixed Internet...
Global:
Skydance Media closes agreement to take over Paramount Global
Skydance Media and Paramount Global have entered into an agreement by which the US film and TV production company is to become the holder of a controlling stake in the global media conglomerate. The transaction includes two steps. First, Skydance...
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Mexico:
Fox Corp. to acquire Fox Sports México from Grupo Lauman
On June 21, Mexico’s Federal Institute of Telecommunications (IFT) unexpectedly issued a resolution authorizing Fox Corporation (Fox Corp.) to acquire all the assets belonging to Fox Sports México, a sports channels network run by Grupo Lauman, which is owned by...
Latin America:
DirecTV and Sky Brasil reach agreement to commercialize Amazon’s Satellite Internet service
Vrio, a división of Argentina’s Grupo Werthein, has announced it has closed an agreement for the commercialization of Amazon’s satellite Internet service, Project Kuiper, in South America. As a result, Vrio’s operations DirecTV in Argentina, Uruguay, Chile, Peru,...
Global:
Skydance not to acquire Paramount Global: Redstone declines offer and puts an end to negotiations
After several months of negotiations, audiovisual entertainment giant Paramount Global will not be acquired by Skydance Media studio. Even though in the last few days there have been reports in the US press about an imminent close of the deal, National Amusements...
Ecuador:
Ecuadorian soccer league terminates TV rights agreement with GolTV
The entity in charge of the organization of Ecuador’s soccer tournament, LigaPro, terminated its TV broadcasting rights contractual relationship with GolTV, a sports channel that is part of Tenfield (owned by Uruguayan businessman Paco Casal), on June 6. According to...
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Venezuela:
Cantv to have its own streaming TV service
Compañía Anónima Nacional Teléfonos de Venezuela (Cantv), a state-run telecom, is working towards the launch of a new service described by the company as a "TV streaming service". The news was disclosed a few days ago by Cantv President Jesús Aldana at Conatel Al...
Latin America:
Paramount+ ceases to air Premier League matches in Mexico and Central America one year before agreement expiration date
Paramount+, Paramount Global’s streaming service, will no longer air the Premier League, the highest level of the English football league system, in Mexico and Central America. The announcement was made by Ricardo Sales, the main play-by-play sportscaster of Premier...
Global:
Disney and Warner Bros. Discovery to create a package including Disney+ and Max in USA
On May 8, The Walt Disney Company and Warner Bros. Discovery (WBD) announced they had reached an innovative agreement, by virtue of which both companies were to launch a bundle offering memberships of three streaming services: Disney+ and Hulu, owned by Disney, and...
Venezuela:
SimpleTV launches fiber optic fixed Internet service
SimpleTV (Scale Capital) has broadened its telecommunications services portfolio. On April 12, the Venezuelan Satellite TV operator presented its fiber to the home (FTTH) fixed Internet service, SimpleFibra, on its web portal. The company has not provided any...
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Latin America:
Mercado Libre to launch Mercado Play, its own streaming platform
According to information resulting from investigative work conducted by TAVI Latam, Argentine e-commerce leader Mercado Libre is running tests prior to the launch of its own streaming service, which will be called Mercado Play. It is already possible for some users to...
Latin America:
Fox channels to be renamed as Star as from February 2021
The Walt Disney Company has officially announced that as from February 2021 Fox channels’ names will be changed so that they include the Star brand in Latin America. TAVI Latam reported the news some weeks ago in an exclusive, but company sources said that the date...
Latin America:
Disney confirms launch of Espn 4 to replace Fox Sports
The Walt Disney Company press team has confirmed to TAVI Latam that as from December 1 a new Pay TV sports channel called Espn 4 will replace Fox Sports throughout the Spanish-speaking Latin American region, with the only exceptions of Mexico and Argentina. TAVI Latam...
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