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Movistar Plus+

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Movistar Plus+
FormerlyMovistar+ (2015–2022)
IndustryPay television
Predecessor
Founded8 July 2015
Founder
Headquarters
Avenida de los Artesanos, 6
28760Tres Cantos,Madrid
,
Spain
Key people
Cristina Burzako[1]
ProductsSatellite television
IPTV
ParentTelefónica, S.A.
WebsiteOfficial websiteEdit this at Wikidata

Movistar Plus+(formerlyMovistar+) is the trade name of the subscription platform for digital television owned byTelefónica,which operates inSpain.The service is distributed viaoptical fiberandADSLas well as with satellites such asAstra.The platform, which was officially launched on July 8, 2015, stems from the merger ofCanal+,previously responsible for the satellite TV operations, and Telefónica'sMovistar TV.It is the largest subscription television provider in Spain with 3.7 million customers and 45% of market share.[2]

History

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Since 2013, various news regarding the possible purchase of Canal+'s Spanish assets by Telefónica were published. According to media reports, there were also many companies that expressed interest in buing the Pay-TV platform, as Al Jazeera,Vivendi,which ownedCanal+ France,and Liberty Global mogul Rupert Murdoch. This was critical forPRISA,owners of Canal+ Spain, as they had been looking for ways to resolve the debt the company had been accumulating since 2008, as a result of the2007–2008 financial crisis,[3]with rumors of an acquisition by Telefónica beginning to take place as early as this year.[4]

On May 6, 2014,Telefónicasubmitted a binding to gain 56% PRISA had in Canal+ Spain, in exchange for paying about 725 million euros. PRISA ended up accepting the offer the following month.[5]

On June 18, 2014,Telefónicasubmitted a binding offer to acquireMediaset Spain's 22% ownership of Canal+ Spain for 295 million euros. The offer was later accepted on July 4, 2014, allowingTelefónicato obtain full control of the company.[6]

On April 22, 2015, the CNMC gave its approval to the sale of Canal+ toTelefónica.After this, Canal+ began the process of merger with Movistar TV until July 7, 2015, which resulted in the creation of Movistar+ the following day.

In June 2019, an over-the-top video streaming service was launched under the brand Movistar+ Lite. It features select content but not LaLiga football matches or cinema and series exclusives. The streaming offer saw a complete overhaul on August 1, 2023, now offering a larger amount of content and the majority of the linear TV channels available on the satellite and IPTV offers, making the service more similar toSky'sNow.

Over the course of 2023, Movistar Plus+ renew its deals with all major Hollywood Studios to continue offer their content on the Spanish TV platform. All television channels in Spain fromSony Pictures Entertainment,The Walt Disney Company,Warner Bros. Discovery,Paramount GlobalandComcastwill continue to be broadcast on Movistar Plus+. This also saw the incorporation of the studios' content directly on Movistar Plus+'s video on demand services, with said content coming directly from Sony'sAXN Now,Warner Discovery'sHBO Maxand Paramount and Comcast'sSkyShowtime,while Disney's content is available through the offer of subscriptions toDisney+at a discounted price.[7][8][9][10]

In January 2024, after earlier exceptional involvements in film production withWhile at War(2019) andPrison 77(2022), Movistar Plus+ announced a strategy to develop as a co-producer of films on a sustained basis, presenting a slate of 5 initial titles set to begin production in 2024 and to be directed byIcíar Bollaín(I'm Nevenka),Rodrigo Sorogoyen(El ser querido),Alberto Rodríguez,Oliver Laxe,andAna Rujas(El desencanto).[11]

Channels operated by Movistar Plus+

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References

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  1. ^"Movistar+ renueva su estructura para fortalecer su liderazgo".Mundoplus(in Spanish). 26 June 2021.Retrieved24 January2022.
  2. ^"Informe Trimestral".CNMCData(in Spanish). Archived fromthe originalon 23 April 2022.Retrieved22 May2022.
  3. ^Marco, Agustín (7 February 2013)."Telefónica negocia la compra de Canal+ a Prisa para salvarla de los bancos".El Confidencial(in Spanish). Titania Compañía Editorial, S.L.Retrieved6 March2019.
  4. ^"La negociación de venta Digital+ empezará pronto, según fuentes".Reuters(in Spanish). 8 September 2008. Archived fromthe originalon 12 July 2015.Retrieved6 March2019.
  5. ^Jiménez, Miguel (2 June 2014)."PRISA firma la venta del 56% de Canal+ a Telefónica por 750 millones".El País(in Spanish). Madrid:Prisa.Retrieved6 March2019.
  6. ^"Mediaset acepta la oferta de Telefónica por su 22% de Canal+, según medios"(in Spanish). Madrid.Reuters.3 July 2014.Retrieved6 March2019.
  7. ^"Movistar Plus+ y Sony Pictures Entertainment renuevan su acuerdo, que incluye la extensión de la transmisión de los canales AXN y AXN NOW"(in Spanish). Madrid. Movistar Plus+. 12 May 2023.Retrieved18 December2023.
  8. ^"Movistar Plus+ y The Walt Disney Company Iberia renuevan su acuerdo de colaboración"(in Spanish). Madrid. Movistar Plus+. 18 December 2023.Retrieved18 December2023.
  9. ^"Movistar Plus+ y Warner Bros. Discovery alcanzan un acuerdo estratégico que formulará la oferta de entretenimiento más competitiva de España"(in Spanish). Madrid. Movistar Plus+. 15 December 2023.Retrieved18 December2023.
  10. ^"Movistar Plus+ lanzará SkyShowtime, convirtiéndose en la mejor oferta de entretenimiento en España"(in Spanish). Madrid. Movistar Plus+. 15 December 2023.Retrieved18 December2023.
  11. ^Zurro, Javier (18 January 2024)."Movistar Plus+ producirá lo nuevo de Rodrigo Sorogoyen, Icíar Bollaín, Alberto Rodríguez y Oliver Laxe".eldiario.es.