Mexico's OTT operators primed for subscription windfall
A report from Digital TV Research says that around 8.5mn Mexicans are currently subscribed to an OTT service and the number could reach 17.5mn by the end of 2023.
Revenue from video subscription is expected to grow 104% to US$1.6bn by 2023, according to the study cited by daily El Universal. OTT players are expected to bring in US$798mn this year.
By comparison, Mexico reported 22.6mn subscriptions to pay-TV services in the first quarter, or 67 out of every 100 households.
OTT platforms such as Netflix and Amazon Prime offer consumers wide amounts of content on demand over the internet in exchange for a monthly fee. Two Mexican companies, América Móvil and Televisa, have launched their own OTTs in recent years.
The platforms, which compete with traditional pay-TV subscriptions, have been at the center of controversy as pay TV operators have demanded they be regulated and taxed under the same rules.
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News in: ICT (Mexico)
MercadoLibre posts record results in 2023; net profit more than doubles in strong year-end
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From Petrobras to Ecuador: What Nvidia has in the cards for Latin America
Márcio Aguiar, head of enterprise for Nvidia in Latin America, talks about the company’s results, the AI boom, Petrobras’ supercomputers, new deals...
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Other projects in: ICT
Get critical information about thousands of ICT projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: RJ03 Data Center (Phase 1)
- Current stage:
- Updated:
2 months ago
- Project: Scala Curauma Data Center Expansion, Data Center Substation and 2x110kV SE Placilla - SE Curauma Transmission Line
- Current stage:
- Updated:
2 months ago
- Project: Refefo fiber optic backbone network update (Stage 3)
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2 months ago
- Project: MX2 Data Center (Phase 3)
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2 months ago
- Project: Humboldt Project (Trans-Pacific Submarine Cable, Asia-South America)
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2 months ago
- Project: Fiber Goiás (First Stage)
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- Updated:
2 months ago
- Project: São Paulo 6 Data Center (SP6)
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- Updated:
2 months ago
- Project: São Paulo 5 Data Center (SP5)
- Current stage:
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2 months ago
- Project: SP4 Data Center
- Current stage:
- Updated:
2 months ago
- Project: Second KIO Data Center in Querétaro (KIO QRO 2) (Phase 1)
- Current stage:
- Updated:
3 months ago
Other companies in: ICT (Mexico)
Get critical information about thousands of ICT companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: GESAB S.A. de C.V. (GESAB México)
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GESAB specializes in the design, manufacture and installation of technical furniture for projects involving Command and Control Centers, IT Data Processing Centers, Audiovisual ...
- Company: Informática Altair México S. de R.L. de C.V. (Altair México)
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Informática Altair México is the local branch of Altair, the global provider of technology for the analysis, management and visualization of business and engineering information...
- Company: Grupo Broxel
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Broxel is a Mexican e-commerce company that offers everything from physical and electronic cards to point of sale terminals. The Broxel platform is a multi-service virtual platf...
- Company: Equinix México
- Company: Neutral Networks, S. de R.L. de C.V. (Neutral Networks)
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Even Telecom, S.A. de C.V. (Even Telecom)
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Viasat Tecnología S.A. de C.V. (Viasat México)
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Netlink Internet (Netlink)
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