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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: Rakuten TV operates in 11 countries in Europe, including key markets like the UK, France, Germany and Italy. It has approximately 5 million subscribers, rising from 3 million at the end of 2015, of which some 40% reside in Spain.   Parent company Rakuten doesn’t break out financials for its OTT video operations separately, but reported full year 2018 revenue of about $10 billion, up 16.6% year on year.      …

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