What Movistar Plus+ does

Movistar Plus+ is Spain's largest pay-TV and SVOD operator, wholly owned by Telefónica de España, S.A.U. and operated as part of the broader Telefónica Group's media and entertainment division. The platform delivers an OTT (over-the-top) streaming service combining 80+ linear television channels, an on-demand catalog of movies, series, documentaries, and children's programming, and exclusive live sports rights including LALIGA EA SPORTS, Champions League, Premier League, Euroliga, F1, MotoGP, tennis Grand Slams, and (from 2026) the FA Cup and FIFA World Cup. The service is distributed via web, iOS/Android mobile apps, Smart TV apps (Samsung, LG, Hisense, Android TV), Apple TV, Amazon Fire TV Stick, and Chromecast, with features including two simultaneous streams, offline downloads, live TV restart/rewind, and cross-device viewing continuity.

The business model centers on multi-tiered subscription recurring revenue: a free ad-supported tier with limited content, Plan Libre Cine y Series at €4.99/month, Plan Libre Cine, Series y Deportes at €9.99/month, a UHD/4K tier at €14/month, an annual plan at €99.90 (effectively two months free), and the government-subsidized Bono Cultural Joven at €39 for 12 months. The platform also operates a convergent miMovistar bundle from €67/month combining fiber (600 Mb), mobile lines, and full TV with optional Netflix, Disney+, Max, and SkyShowtime add-ons. Distribution extends across Spain and 29 EEA countries, supported by gift cards, retailer promotional codes (TitanOS, Club Día), and government partnerships.

Original content branded as Originales M+ has become a strategic priority, with film production budgets more than doubling from €3M to €6.5M to attract top-tier talent, resulting in award-winning titles such as El agente secreto (Golden Globe 2025, Cannes Best Actor and Best Director), La Bola Negra (20-minute Cannes standing ovation), The Beloved (Cannes competition, 7-minute standing ovation), Sundays (Goya Best Film, San Sebastián Golden Shell), and Blue Moon (Berlin Silver Bear). The service recently expanded into international co-productions (e.g., 'Patagonia' with Chile's Wood Producciones) and theatrical distribution partnerships, while operating under continued leadership restructuring in 2026 including CEO Daniel Domenjó's departure.

Name

Movistar Plus+

Legal name

Telefónica de España, S.A.U.

Website

https://movistarplus.es

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Movistar Plus+ is Spain's largest pay-TV and SVOD operator, wholly owned by Telefónica, delivering OTT streaming of 80+ channels, on-demand movies/series, and exclusive live sports (LALIGA, Champions League, Premier League, F1) to Spanish consumers across direct subscription and miMovistar convergent telecom bundles.

Ownership category

akta.pro rank

Product category

Pay-TV and SVOD Streaming

NAICS

Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (51621)

SIC

Cable & Other Pay Television Services (4841)

akta.pro primary industry

Live TV Streaming (vMVPD/IPTV OTT) (MPACAAAD)

akta.pro secondary industries

Pay-TV Value-Added Services (DVR, VOD, TV Everywhere, Apps) (MPABAGAG), Sports OTT & League Pass Streaming Channels (MPABAHAJ), Premium Video Add-Ons & Channel Bundles (OTT Aggregators) (MPACAAAK)

Keywords

• Pay television service
• Video streaming platform
• Sports broadcasting rights
• Original content production
• Telecom bundled entertainment

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

Operations, Technology or R&D, Marketing or Sales, Personnel, Infrastructure

Revenue model

1. Subscription Recurring - Plan Libre Cine y Series: Monthly subscription providing access to movie catalog, series, documentaries, entertainment programs, children's content, and over 70 linear TV channels. Excludes sports channels.
2. Subscription Recurring - Plan Libre Cine, Series y Deportes: Premium monthly subscription including all content from Cine y Series plan plus all sports channels and live sports events (LALIGA, Champions League, Premier League, Euroliga, tennis, rugby, golf, and more). UHD/4K quality available at 14€/month tier.
3. Bono Cultural Joven (Government Subsidy): Special 12-month promotional subscription at 39€ paid in 4 installments, subsidized by Spanish government youth cultural voucher program (Real Decreto 191/2023). Includes all Plan Libre features.
4. miMovistar Bundled Package: Convergent telecom package from 67€/month combining fiber internet (600 Mb), 2 mobile lines, and Movistar Plus+ with full sports content and optional streaming add-ons (SkyShowtime, Max, Netflix, Disney+).
5. Gift Cards: Prepaid gift cards available in 1-month, 3-month, and 12-month durations for gifting the service to others.
6. Annual Subscription Discount: 99.90€ annual subscription (equivalent to 10 months) providing two months free compared to monthly billing.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels6 records

Core offering

Movistar Plus+ operates an OTT (over-the-top) streaming and pay-TV service delivering linear TV channels, on-demand movies, series, documentaries, original productions, and live sports coverage to Spanish consumers via web, mobile, Smart TV, and streaming-device apps. The platform sells tiered monthly and annual subscriptions directly and bundles within Telefónica's miMovistar convergent telecom packages. It also produces and commissions award-winning original films and series under the Originales M+ brand.

Product overview

Movistar Plus+ is Spain's largest pay-TV/SVOD operator owned by Telefónica, operating as an OTT streaming platform offering both linear television channels and on-demand content. The core service is the Movistar Plus+ OTT Platform accessible via Smart TV, mobile devices, web, and streaming devices. The product portfolio includes multiple subscription tiers: the free Plan Gratuito with limited content, Plan Libre Cine y Series at €4.99/month providing movies, series, documentaries, and 70+ channels without sports, and the premium Plan Libre Cine, Series y Deportes at €9.99/month adding comprehensive sports coverage including LALIGA, Champions League, Premier League, Euroliga, tennis, rugby, and padel. Annual savings plan (Plan Libre Anual) offers 12 months for €99.90, while the Bono Cultural Joven provides subsidized access at €39 for qualified young users. Convergent miMovistar bundles combine fiber internet, mobile lines, and TV service with optional add-ons for Netflix, Disney+, Max, and SkyShowtime. Original content branded as Originales M+ includes exclusive productions like La Bola Negra, The Beloved, La Mesías, and Celeste. Sports programming through dedicated M+ Deportes channels and M+ Vamos provides extensive coverage of football, basketball, tennis, motorsport, and other sports. The service also offers specialized programs such as El Día Después and Universo Valdano for sports analysis.

Differentiator

Problem solved

Functional benefit

Products and services

• Movistar Plus+ OTT Platform Over-the-top television streaming service accessible via web browser, iOS/Android mobile apps, Smart TV apps (Samsung, LG, Hisense, Android TV), Apple TV, Amazon Fire TV Stick, and Chromecast. Streams 80+ linear channels, on-demand catalog, live sports, and supports two simultaneous streams, offline downloads, restart of live programs, and UHD/4K playback on premium tier.
• Plan Gratuito (Free Tier) Free access tier providing selected entertainment programs (Ilustres Ignorantes, El Consultorio de Berto, El Día Después), first episodes of M+ Original series, and viewing from TV, tablet, or mobile without time limits.
• Plan Libre Cine y Series Monthly subscription at €4.99 (impuestos incluidos) providing access to all original series, international series, new release movies, documentaries, entertainment programs, children's content, and 70+ linear TV channels. Excludes sports channels.
• Plan Libre Cine, Series y Deportes Premium monthly subscription at €9.99 (impuestos incluidos) including all content from Plan Libre Cine y Series plus LALIGA EA SPORTS featured match each round, full LALIGA HYPERMOTION, Champions League and Premier League featured matches, Euroliga basketball, tennis, rugby, pádel, and golf.
• Plan Libre Anual Annual subscription at €99.90 (impuestos incluidos) providing 12 months of Plan Libre Cine, Series y Deportes benefits for the price of 10 months, offering two months free compared to monthly billing.
• Bono Cultural Joven Special 12-month promotional subscription at €39 paid in 4 installments, subsidized by the Spanish government youth cultural voucher program (Real Decreto 191/2023). Includes all Plan Libre Cine, Series y Deportes features for eligible young adults.
• miMovistar Bundled Package Convergent telecom package from €67/month combining fiber internet (600 Mb), 2 mobile lines (30GB + 5GB), and Movistar Plus+ with full sports content and optional streaming add-ons (SkyShowtime, Max, Netflix, Disney+).
• Originales M+ (M+ Originals) Portfolio of original films and series exclusively produced or commissioned by Movistar Plus+, including award-winning titles such as La Bola Negra, The Beloved, La Mesías, Celeste, Hierro, Querer, and international co-productions like Patagonia.
• M+ Deportes (Sports Channels)

Quantifiable outcome

• Record 11 Cannes Film Festival main section selections for Spanish productions in 2026
• +5 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

26 partnerships are on record, tiered core and minor.

• DAZNcoreChannel Partner/ Reseller/ Distributor · 16 June 2026Sports streaming platform DAZN holds rights to all 104 matches of 2026 FIFA World Cup, distributed through pay-TV providers including Movistar Plus+ and Orange TV in Spain.
• RTVE (Radiodifusión Española)minorChannel Partner/ Reseller/ Distributor · 16 June 2026Spanish public broadcaster airing approximately 33 World Cup 2026 matches for free, including all Spain's games, while pay-TV platforms distribute additional content.
• Bowfinger International PicturesminorStrategic or Co-development Partner · 29 May 2026Producing 'The King's Tailor' feature directorial debut by Pedro Casablanc, set in 1960s Casablanca, alongside Esto también pasará with participation from RTVE, Canal Sur, Movistar Plus+, Netflix, and distribution by A Contracorriente Films.
• NetflixminorChannel Partner/ Reseller/ Distributor · 29 May 2026Co-production participant in 'The King's Tailor' alongside RTVE, Canal Sur, Movistar Plus+, and distribution by A Contracorriente Films.
• A Contracorriente FilmsminorChannel Partner/ Reseller/ Distributor · 29 May 2026Spanish theatrical distributor for 'The King's Tailor' and 'The Beloved', releasing films in cinemas before exclusive streaming on Movistar Plus+.
• Wood Producciones (Chile)coreStrategic or Co-development Partner · 27 May 2026Movistar Plus co-producing series 'Patagonia' with Chile's Wood Producciones and Spain's Atlantika Films, starring Money Heist star Itziar Ituño as a mother searching for her missing son in Chile's Patagonia region. Series backed by Chile's CNTV and public broadcaster Televisión Nacional de Chile, with ZDF Studios handling international distribution. Represents new model of international co-production combining European and Latin American financing, creative talent, and production for global ambitions.
• Atlantika Films (Spain)coreStrategic or Co-development Partner · 27 May 2026Co-production partner with Wood Producciones on 'Patagonia' series, representing international co-production model combining European and Latin American production expertise.
• ZDF StudiosminorChannel Partner/ Reseller/ Distributor · 27 May 2026Handling international distribution for 'Patagonia' series co-produced by Movistar Plus, Wood Producciones, and Atlantika Films.
• Suma Content FilmscoreStrategic or Co-development Partner · 22 May 2026Co-production partner on 'La Bola Negra' feature film directed by Javier Ambrossi and Javier Calvo (Los Javis), premiered at Cannes with 20-minute standing ovation. Also produced original series 'I Always Sometimes'.
• El Deseo (Pedro Almodóvar)coreStrategic or Co-development Partner · 22 May 2026Pedro Almodóvar's production company El Deseo co-produced 'La Bola Negra' alongside Movistar Plus+ and Suma Content Films.
• Caballo FilmscoreStrategic or Co-development Partner · 16 May 2026Co-production partner on 'The Beloved' (El ser querido) starring Javier Bardem, premiered at Cannes Film Festival competition with 7-minute standing ovation.
• Le PactecoreStrategic or Co-development Partner · 16 May 2026French co-production company partnering with Movistar Plus+ on multiple original films including 'La Bola Negra', 'The Beloved', and handling French distribution plus international sales.
• HBOminorChannel Partner/ Reseller/ Distributor · 15 May 2026International distribution partner for 'Heated Rivalry' Canadian TV series acquired through Sphere Abacus, securing deals with HBO, Movistar Plus+, and Sky.
• SkyminorChannel Partner/ Reseller/ Distributor · 15 May 2026International distribution partner for 'Heated Rivalry' alongside HBO and Movistar Plus+, transforming the Canadian series into global phenomenon.
• Sphere AbacusminorChannel Partner/ Reseller/ Distributor · 15 May 2026U.K.-based distributor acquired by Bell Media in March 2025, secured international distribution deals with HBO, Movistar Plus+, and Sky for 'Heated Rivalry' in one of fastest acquisitions.
• Bell MediaminorChannel Partner/ Reseller/ Distributor · 15 May 2026Canadian media company that acquired Sphere Abacus in March 2025, whose streaming platform Crave originally commissioned 'Heated Rivalry' after U.S. and Canadian buyers hesitated.
• Outsider PicturesminorChannel Partner/ Reseller/ Distributor · 30 April 2026Co-acquired U.S. distribution rights for Goya Award-winning 'Sundays' with minimum theatrical release in at least 10 of top 50 U.S. markets including New York and Los Angeles.
• Sony Pictures TelevisionminorChannel Partner/ Reseller/ Distributor · 26 March 2026Movistar Plus+ acquired several films from Sony Pictures Television including 'Lord Of The Flies' and 'The Miniature Wife'. Terms not specified.
• FA CupcoreOthers · 25 March 2026Movistar Plus secured rights to broadcast FA Cup through 2027-28 season, expanding sports rights portfolio.
• Professional Fighters League (PFL)minorChannel Partner/ Reseller/ Distributor · 10 February 2026PFL secured Movistar+ as broadcast partner to air all 24 PFL Global and International League MMA events in 2026, preceding PFL Madrid event at Palacio Vistalegre on March 20. PFL CEO John Martin highlighted strategic importance for international expansion.
• Film Factory EntertainmentminorChannel Partner/ Reseller/ Distributor · 9 February 2026Handling international sales on 'Caza mayor' (Movistar Plus+ Original feature), a rural thriller by Daniel Sánchez Arévalo adapted from podcast 'El Tigre' with theatrical release via Warner Bros. Pictures Spain in 2027.
• Warner Bros. Pictures SpainminorChannel Partner/ Reseller/ Distributor · 9 February 2026Theatrical distribution partner for 'Caza mayor' in Spain, with theatrical release set for 2027 before exclusive streaming on Movistar Plus+.
• AtresmediaminorStrategic or Co-development Partner · 9 February 2026Participating in co-production of 'Caza mayor' alongside Movistar Plus+, Estela Films, Tenampa Films, Cut One (Mediawan's Boomerang TV), Pólvora Films, and Tinnitus, with financing from ICAA.
• ICAA (Instituto de la Cinematografía y de las Artes Audiovisuales)minorOthers · 9 February 2026Spanish film institute providing financing for 'Caza mayor' production alongside regional backers.
• Le PactecoreChannel Partner/ Reseller/ Distributor · 15 December 2025Paris-based sales agent handling international sales for 'Sundays' (Los Domingos), sold to half the major movie markets worldwide including HBO acquiring pay TV/SVOD windows in Latin America and Eastern Europe.
• TelefónicacoreOthers · 13 October 2025Movistar Plus+ is Spain's largest pay TV/SVOD operator owned by Telefónica, operating as part of the larger telecommunications group's media and entertainment division.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Vodafone TV: Telco-bundled pay-TV service in Spain competing with Movistar Plus+ for convergent broadband subscribers. Comparable business model combining telecom and television services.
• DAZN: Sports-focused OTT streaming platform that holds rights to all 104 matches of the 2026 FIFA World Cup distributed through Movistar Plus+ and Orange TV. Directly competes with Movistar Plus+'s premium sports offering while also functioning as a content supplier to it.
• Orange TV: Competing Spanish pay-TV/IPTV operator offered by Orange España. Direct rival distributing World Cup 2026 matches alongside Movistar Plus+; comparable in being a telco-bundled pay-TV service targeting Spanish households.
• Atresplayer: Spanish broadcaster-led (Atresmedia) streaming platform offering free ad-supported and premium tiers. Directly competes with Movistar Plus+'s Plan Gratuito and entertainment offering; co-produces films with Movistar Plus+ as in 'Caza mayor'.

Broad incumbents

• HBO Max / Max: Premium SVOD service bundled as an add-on within Movistar Plus+ packages. Comparable as a premium original-content streaming platform targeting similar Spanish entertainment consumers.
• Netflix: Global SVOD leader that competes directly with Movistar Plus+ in Spain and is also offered as a bundle add-on within the Movistar ecosystem. Comparable as a subscription streaming operator with original content investment, though vastly larger scale and global catalog.
• Disney+: Global streaming platform available as a Movistar Plus+ bundle add-on. Competes for Spanish family and entertainment subscribers with comparable subscription pricing and original content investment.
• Sky: European pay-TV and streaming operator partnered with Movistar Plus+ for international distribution of 'Heated Rivalry'. Comparable as a premium pay-TV/SVOD operator with sports rights and original content in European markets.

Emerging players

• Filmin: Spanish SVOD specializing in auteur, independent, and Spanish/European cinema. Comparable as a Spanish-market streaming service targeting cinephile subscribers that overlap with Movistar Plus+'s Plan Libre Cine y Series audience.

Regional players

• Rakuten TV: European AVOD/SVOD service operating in Spain with transactional and subscription video-on-demand. Comparable as a regional streaming competitor targeting Spanish consumers with movie-led content.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/MovistarPlus
• YouTubeyoutube.com/movistarplus
• Facebookfacebook.com/MovistarCine
• Instagraminstagram.com/movistarplus
• TikToktiktok.com/@movistarplus

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Movistar Plus+