Spanish cablers form feevee, PPV company

New co., Estreno Digital, to invest $7.3 mil

MADRID — Spain’s principal association of cable TV operators, the Agrupacion de Operadores de Cable (AOC), is prepping a pic rights acquisition company for Spain.

According to financial daily Expansion, the new company, Estreno Digital, whose brand name will be Mirador TV, will invest some Pta 1,250 million ($7.3 million) a year in acquisitions and operating costs.

Mirador TV looks likely to angle for both pay TV channels and non-exclusive pay-per-view (PPV) rights for its nets.

With only a total of 400,000 cable subscribers in Spain, AOC’s budget is obviously small by comparison to that of its pay TV rivals, satcasters Canal Satelite Digital (CSD) and Via Digital. But AOC may be able to tap channels and rights accessed by startup Digital Terrestrial Television Quiero TV.

Most of AOC’s members are owned by telco Retevision, which has a controlling 49% in Quiero TV. AOC would strengthen its bargaining muscle if Spanish cable operator ONO joins Mirador. Talks are under way.

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