Spanish regulator the CNMC has fined Telefónica-owned pay TV operator DTS €661,796 for failure to meet its obligations to finance European content creation in 2014.
The CNMC found that DTS, which formerly operated pay TV services under the Canal+ brand, was in breach of its obligations under the Spanish audiovisual communications law, which requires telecom operators that distribute TV services to allocate 5% of their operating income to finance European content. In the case of public companies, the amount is 6%.
The imposition of a file follows an investigation by the CNMC, opened in March, after its analysis of spending by operators for 2014 showed DTS falling short of its obligations to the tune of €7.4 million.
Telefónica, which has since acquired DTS and committed to a major programme of investment in drama series, spent €4 million in 2014, exceeding its obligation comfortably.
The CNMC’s analysis for 2015 also found DTS falling short of its required spend.
ICYMI: MWC attendees permitted to enter Spain in boost for event digitaltveurope.com/2021/04/09/mwc… https://t.co/x67tu5LYyK
11 April 2021 @ 18:00:00 UTC
ICYMI: Ownzones hires former Verizon Media exec Capstraw as chief revenue officer digitaltveurope.com/2021/04/09/own… https://t.co/V3hyR8y6PW
11 April 2021 @ 17:00:01 UTC
Sign up to next weeks online session on enabling the #smarthome experience with @plume, @Akamai & @OmdiaHQ… twitter.com/i/web/status/1…
11 April 2021 @ 14:00:00 UTC
Digital TV Europe surveyed over 100 industry executives to find out how they view the challenges in the #video deli… twitter.com/i/web/status/1…
11 April 2021 @ 12:00:00 UTC
ICYMI: @disneyplus strong in Southern Asia digitaltveurope.com/2021/04/09/dis… https://t.co/T3O1VwznXV
10 April 2021 @ 18:00:00 UTC