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Rakuten TV (Spain)

Spanish movie and TV streaming OTT service Wuaki.tv was founded in 2009, and went on to be acquired by Japan’s Rakuten in 2012, the world’s third largest e-commerce group, for an undisclosed fee. The service was then rebranded as Rakuten TV in July 2017.   Operations and figures: As well as Spain, Rakuten TV operates in 12 countries in Europe, including key markets, the UK, France, Germany and Italy. It has a total subscriber base of 5 million, rising from 3 million at the end of 2015, of which some 40% reside in Spain.   Rakuten’s total revenue for the first quarter of this year was $1.9 billion, up 17.6%, with operating income of $400 million, rising 61.8%. Financials for…

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