Pay TV operators are now turning towards OTT. According to a recent report by Sunday Telegraph, the Pay-TV giant Sky is planning to expand its European operations by launching a video streaming platform in Spain.

The new offering will convert Sky’s Now TV into a direct rival to Netflix, which has launched a standalone VOD service in Spain in the end of last year. Sky’s new offering is said to cost around EUR 10 per month.

Read the entire report here.