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Agreement with Netflix

After some years of confrontation, Netflix and Telefónica announced that the content of Netflix will be able for Movistar+’s clients. It is not an addition, it is an incorporation of the content of Netflix like the rest of the content that has Movistar+. For making this possible, they will introduce an important redesign of the TV platform on demand os Movistar+. Netflix won’t be the unique streaming service that Movistar+ includes. They are negotiating with other services like Amazon Prime and HBO. The Movistar+’s strategy is clear: they want to become a content’s hub.

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