IPTV drives Spanish pay-TV bonanza | Pay-TV | News | Rapid TV News
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Spain’s pay-TV industry has seen revenue growth for eighth consecutive quarter, with almost €3 out of €5 being sourced through IPTV options.

iptv trimestre 17 may 2018According to figures released by the Comisión Nacional de los Mercados y la Competencia, pay-TV revenues grew by 14% in 2017, reaching over €2.13 billion during the year and exceeding those from free-to-air (FTA) in every quarter.

In Q4 2017, the industry racked up €564.1 million, 11.46% more than in the same quarter of 2016 and representing the eighth consecutive quarter of growth since the end of 2015.

The country’s IPTV sector alone invoiced €317 million during Q3 2017 and over €1.3 billion throughout the year, meaning a 13% growth compared to last year. Higher numbers of subscribers and ARPU continued to drive revenue growth for IPTV players.

By the end of last year, the pay-TV universe totalled 6.59 million subscribers, half a million more than a year ago and an increase of over two million households over the past four years. IPTV accounted for nearly four million subs, while 1.45 million subscribed to cable TV options and below 800,000 did it to satellite TV.

While in terms of subscribers Spain’s pay-TV seems unstoppable, the country’s advertisement market is still clearly dominated by broadcast channels and groups. €537 million was invoiced through TV advertising during the last quarter of the year, €24 million of which went to pay-TV.

The rest was not only controlled by free-to-air players, but by Mediaset and Atresmedia, which invoiced 83% of the advertisement money allocated to TV.