Because of its major European expansion planned for late 2015, many analysts have indicated that Netflix will launch in Spain next year.
Throughout 2014, while Spain has been slowly starting to leave the financial crisis behind, OTT, streaming and video-on-demand (VOD) platforms have seen growth, led by Wuaki.tv and Canal+’s Yomvi.
Also, the recent approval of a strict copyright law has driven pirate and unregulated streaming sites to closure, reducing piracy rates in Spain which was one the most important factors behind Netflix’s reluctance to operate in the country.
Jonathan Friedland, head of Netflix’s communication department, was quick to publicly deny a rumour that Netflix would be launching in Spain in 2015.
Netflix currently has 53 million subs worldwide, although less than 15 million are outside the US. The company has been operating in other large markets since it launched in Latin America in 2011, a region in which it currently has a third part of its international subs base.