Brazil drives LATAM pay-TV with 5MN new subs in 2014

DetailsJuan Fernandez Gonzalez | 07 April 2015

Despite some signs of a slowdown in the region's main markets, Latin America's pay-TV sector continues to grow, with 67 million subscribers reported by the end of 2014, up almost five million during the year.

According to the latest figures published by Dataxis, Latin America closed 2014 with 7.76% more subs than by the end of 2013 when the region had 62.32 million subscribers.

Brazil tops the numbers, with 19.56 million subscribers, followed by Mexico with 16.3 million, meaning both countries - which contain over half of the region's population - represent 53% of the entire Latin American subscriber base.

Direct-to-home (DTH) continues to lead the pay-TV expansion across the region, with 33 million subscribers getting their TV signal through satellite, and 32 million via cable.

According to Business Bureau's latest report, the number of pay-TV subscribers would have already reached 84 million if it wasn't for piracy, which is taking over 25% of the industry's revenues due to unregulated consumption.