Mexico's Televisa is to revamp its over-the-top (OTT) video-on-demand (VOD) service, Veo, in 2016, increasing its catalogue with in-house content.
Speaking during Foro Forbes, Manuel Gilardi, digital VP and new media at Televisa, said that Veo's relaunch will also affect how content is delivered, but didn't reveal more details.
Televisa's plans may be focused on pushing Veo, which was launched in 2013, to become a leading platform in the Mexican OTT market, which is currently dominated by Netflix.
Gilardi also said that Televisa is not worried about OTT competing directly with linear TV, as he believes people won't stop watching TV, but will add new experiences, several screens and innovative platforms which can coexist.
Veo's platform is currently available via two different avenues: Veo Tele Para Llevar, a TV everywhere service available for free for subscribers of Izzi, Cablemás and Cablevision with 20 live signals; and Veo Play, available for about $6 per month and giving access to a catalogue of series, films and documentaries on-demand.