Telefónica to acquire Spanish pay-TV player![](https://eu-images.contentstack.com/v3/assets/blt3d4d54955bda84c0/bltd55cf91d738d83fc/654d0c21d223b7040aabde38/telefonica-logo.jpg?width=700&auto=webp&quality=80&disable=upscale)
Streaming/SVOD![](https://eu-images.contentstack.com/v3/assets/blt3d4d54955bda84c0/bltd55cf91d738d83fc/654d0c21d223b7040aabde38/telefonica-logo.jpg?width=700&auto=webp&quality=80&disable=upscale)
Telefónica to acquire Spanish pay-TV playerTelefónica to acquire Spanish pay-TV player
Spanish media group Prisa has accepted incumbent operator Telefónica’s €725m bid for its 56 per cent stake in pay TV platform Canal+’s holding company Distribuidora de Televisión Digital (DTS). The deal gives DTS a market value of €1.3bn (US$1.8bn) and, if approved by regulators, will give Telefónica a controlling stake of 78 per cent, leaving Italy’s Mediaset with a 22 per cent holding.