According to the official Spanish news site mundoplus.tv, the Spanish film and series channel licensed by the Spanish operator Net TV will cease broadcasting after 13 years since its launch on March 30, 2012. The cessation of Paramount Network Spain will occur on December 31, marking the definitive end of one of the most recognized entertainment brands on Spanish Digital Terrestrial Television.
The official closure of Paramount Network in Spain will join other television channels that are also officially closed their DTT broadcasts in 2025: Disney Channel Spain, which stopped broadcasting on January 7 and was replaced by Squirrel, and Gol Play, which did so on June 17, after Mediapro decided to focus its efforts on paid platforms and video-on-demand services.
Throughout its history, Paramount Network Spain reached a peak audience share of 2.4% in 2015, although in recent years its audience figures have stabilized around 1%. In September 2015, it recorded its lowest annual share of 1.3%, dropping out of the list of the ten most-watched digital terrestrial television channels in Spain.
Currently, it is unknown whether the channel will also cease broadcasting in Spain via pay-TV operators, although this is a highly likely scenario. As part of Paramount Skydance's global restructuring plan, the company intends to reduce costs by US$500 million, a process that includes closing international channels and discontinuing brands deemed non-essential to its new business strategy.
After this channel closes at the end of the year, the frequency will remain the property of the Spanish group Squirrel Media, which is expected to announce the launch of a new movie channel to replace Paramount Network Spain on DTT. The company, therefore, retains ownership of the signal and is free to decide its future, which may involve a new thematic channel or its own brand within its growing audiovisual structure.
The closure of Paramount Network in Spain comes amid a global restructuring that will also affect MTV's thematic channels worldwide. The news, published on October 14th of this year, stated that the channels MTV Music (in the UK), MTV 80s, MTV 90s, MTV 00s, MTV Hits, Club MTV, and MTV Live, along with NickMusic, Comedy Central (in Hungary, Russia, and Brazil), and TeenNick (Latin America, Hungary, and Romania) will cease broadcasting on December 31st, in line with Paramount cost-cutting strategy.
Meanwhile, the public tender for the new DTT license, which ends on November 22, presents an opportunity for a new operator to fill the gap left by Paramount Skydance, through Paramount Network Spain, in a particularly turbulent year for free-to-air television in Spain, marked by the departure of three historic channels and the reconfiguration of the national television landscape.