Pay-TV maintains place as Spain's audiovisual revenue leader
DetailsJuan Fernandez Gonzalez | 12 March 2015
With Spain's major pay-TV operators claiming growth through 2014, the official figures are now out, confirming the claims and once again placing pay-TV at the top of the country's audiovisual industry.
According to the Q3 2014 report published by the Comisión Nacional de los Mercados y la Competencia (CNMC), Spain's competition regulator, audiovisual revenues grew by 10.4% between July and September last year, reaching €837.1 million.
The pay-TV sector, led by thriving platforms such as Movistar TV, gathered 52% of the entire income, topping the pile with €431.4 million, a figure which hasn't been achieved since 2012.
As has been previously indicated, the major growth catalysts in the Spanish market are telecoms packages, with five-play services adding 419,000 subs and only pay-TV packages losing, dropping 318,000 subscribers during Q3 2014. In fact, fibre options saw the largest growth by far, with IPTV adding 369,000 subs.
Regarding free-to-air (FTA) TV, the report confirms the recovery of the advertising sector, as ad income grew by 18.7% between 2013-2014, reaching €389.5 million by Q3. Mediaset and Atresmedia still share most of the pie, with 44.8% and 42.6% respectively.