A merger of the two leading pay-television operators in Spain has been given the go-ahead by the country’s Government, according to a report in the Financial Times. Via Digital will be joined with Canal Satellite Digital creating a group with an 80% market share of the pay-TV sector.
Via Digital is owned by telecoms group Telefónica and Canal Satellite Digital is owned by Sogecable, itself part owned by Vivendi Universal. In order for the merger to be approved, concessions have been undertaken by the businesses, restricting the degree to which they can promote content across platforms.
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