CBS and Telefonica Sign Content Deal for Spanish TV
Telefonica's newly launched Movistar Series beefs up its offerings ahead of Netflix' launch in Spain
CBS Studios International and Telefonica Spain announced Friday their first multi-year licensing deal for the exclusive SVOD rights to a selection of CBS and Showtime series, including The Good Wife, Under the Dome and Madam Secretary.
The titles will be available on Movistar Series, Telefonica’s new SVOD service, which launched in Spain on Dec. 10.
Showtime’s psychological thriller Penny Dreadful and Ray Donovan are also included in the deal, as well as this year’s winner of the Golden Globe Award for best television drama series, The Affair. Friday’s deal also includes a number of classic series such as Twin Peaks and Medium.
"It’s terrific to be working with Telefonica for the first time and on such a significant deal for the Spanish television market," said Armando Nunez, President and CEO of CBS Global Distribution Group. "Our titles will bring to the new Movistar Series service a mixture of action and drama, with award-winning casts and CBS’s customary high-quality production values."
Movistar Series, which costs $8 per month, launched with 30 series in January and plans to offer 80 series — mostly U.S. productions — by May 2015. The company has said it will specialize in exclusive titles.
The deal comes shortly after Telefonica signed an exclusive deal with HBO its content offer.
Telefonica is Spain’s leading pay-TV powerhouse after last year’s purchase of the Prisa Group’s Canal Plus, which is still pending government approval. Netflix is scheduled to launch in the Spanish market in the second half of 2015.