Cable / Telecom News

Stingray keeps growing, acquires distribution of Telefónica On The Spot

MONTREAL – Stingray Digital, the leading global provider of multiplatform musical services for pay TV operators, announced today its acquisition of onthespot Pay TV Music’s portfolio of clients.Telefónica On The Spot Services is a subsidiary 100% owned by Spain’s Telefonica Group, one of the largest telecommunications companies in the world. “This acquisition is a significant step in Stingray’s expansion in Latin America and the beginning of a long-term relationship with important Telefónica Group affiliates in the region,” says the company’s press release.“We are honored to now supply the residential pay TV music services for Telefonica and its affiliates that were...