NexTV focuses on OTT in Mexico
Juan Fernandez Gonzalez
| 05 October 2015
This year's NexTV Summit Mexico & Central America, which gathered the TV industry's top executives, focused on the future of the over-the-top (OTT) market in the region.
According to recent reports, Mexico will have five million over-the-top (OTT) subs by the end of the year.
Dataxis, which organised the event, predicts that online video investment in Mexico will reach $370 million by December 2015, and in 2018 this number should reach $809 million.
During the debate, regional operators stated that the OTT market was growing exponentially and should overtake pay-TV in the region in 20 years.
In addition, operators and programmers discussed the future for 4K, highlighting the need for investment in specialist teams and touting HEVC as the technology of choice. However, it was predicted that it won't reach the masses before 2020.
More than 250 people participated in the event at the Sheraton María Isabel Hotel in Mexico City, including executives from Televisa, TV Azteca, Claro Video, Cablevisión, Megacable, Maxcom, Cablecom, Cablemás, Totalplay, Turner Broadcasting System and Fox International Channels.
The conference was sponsored by Broadpeak, Conax, Nagra, Irdeto, SmartboxTV, Qubit TV, SES, Amino, Verimatrix, Ericsson, Elemental, Harmonic, Ateme, Siemens, Accedo, Ooyala, thePlatform, Skyworth, Vindicia, HiBOX and Alterna TV.