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Latin America - Latest updates on Latin America

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55 million LATAM viewers watched Olympics on smartphone

2016 Olympics has been the biggest mobile event ever with over 55 million smartphone users streaming the games. Additionally, 120 million videos for the Olympics were played through YouTube and 91 million played through a Video streaming Platform app called Claro. 64% of the digital viewers used smartphone to watch Olympics, whereas 24% used computer and …

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Verizon expands in Latin America eyeing OTT boom

Verizon Digital Media has planned a huge expansion in Latin America witnessing the rise in demand of over-the-top OTT and VOD services. The point of presence Verizon has made in Latin America are Colombia (Medellín and Barranquilla), Brazil(Rio de Janeiro), Peru(Lima) and two in Argentina (Buenos Aires). The expansion has led to improve Verizon’s content delivery network (CDN), …

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YouTube Kids to Reach Latin America

Google is all set to take YouTube Kid’s video on demand service to more Spanish-speaking children in Latin America. The service was first tested in Argentina and Mexico, then was launched in Spain, recently in Colombia, and is soon set to land in Chile and Peru. YouTube kids VOD service is available for Mobile screens …

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SVOD to reach $2,093 million in Latin America by 2021

A recent report by Research and Markets containing detailed analysis of Latin America’s OTT TV & video market [for 18 countries] predicts SVOD to remain region’s largest OTT revenue source and contribute up to $2,093 million by 2021 from next to nothing in 2010. The report states OTT TV and video revenues to reach $3.59 …

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RTVC to launch OTT in Colombia

RTVC, a state telecommunications company in Colombia has launched a free OTT web and mobile app, offering a variety of series, programs and documentaries. The service currently offers content from public Colombian channels and Radio Nacional Colombia. Topics to be covered by RTVC Play are cooking, food, art, science, humour, gender and identity. The service …

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Mexican Chivas TV crosses 100,000 SVOD Subscribers

Mexican SVOD platform Chivas TV, which belongs to Club Deportivo Guadalajara, has passed the 100,000 subscriber mark after the debut of the team in the Mexican tournament. The figure was revealed by Chivas owner, Jorge Vergara. “Chivas TV has exceeded 100,000 subscriptions. We are on the right track and have been well accepted by our …

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Brazil’s creators demand VOD regulation

ANCINE, Brazil’s national cinema agency, is about to start looking into the regulation of video on demand services. While other Latin American institutions are still debating whether VOD and over-the-top (OTT) platforms should be regulated, Brazil seems to be heading towards the establishment of a well-regulated market. Speaking during the ABTA summit, Manoel Rangel, ANCINE’s president, …

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Latin America to reach 80 million OTT VoD subscribers by 2021

The study involves 19 countries in Latin America. The Pay TV market in Latin America will reach 80 million subscribers in 2021, a figure equivalent to a 42.4% penetration over total TV households. The growth rate for the period 2016-2021 will be 14.4%, well below the figures involved in the period 2010 to 2015, which …

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Global Internet Protocol Television (IPTV) Market to reach USD 79.38 billion by 2020

Global Internet Protocol Television (IPTV) Market was valued at USD 24.94 billion in 2013 and is expected to reach USD 79.38 billion by 2020, growing at a CAGR of 18.1% from 2014 to 2020 The Global IPTV Market is fueled by declining cost of IPTV services, a rise in global Facebook subscribers, demand for video-on-demand …

Over 70% of Argentinians are using TVs to watch streaming and VOD content

According to a report from Carrier y Asociados, as internet video consumption on OTT platforms becomes an everyday habit among Argentinians, the devices they use to watch it on are changing. Almost 80% of people are already watching some kind of video content through an online option, with YouTube the preferred platform, together with pirate …

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