K+ officially speaks out

K+ officially announced closure.

After many rumors and announcements from partners and agents, VSTV also made a final announcement about the business operations. As previously announced by SCTV, K+ will officially close from January 1, 2026.

"Over the past 16 years, K+ has become a beautiful memory in the hearts of Vietnamese people. There are countless fans of all ages who have watched top Premier League matches with us, experienced the sublime and explosive moments of sports , or moments of entertainment, immersing emotions in the world of movies.

We would like to express our sincere thanks to our customers who have trusted, accompanied and become an indispensable part of the K+ family. The memories of the top matches, those glorious moments will always be our pride, a precious and indelible heritage," said K+.

Notice of suspension of K+ operations. Photo: K+.

Along with the farewell announcement is an update on the operation and service situation for customers. Customers using K+ receivers and dishes can still watch 10 VTV channels and other local TV channels broadcast for free on satellite. Subscribers who have paid fees after December 31 can request a refund at the website: https://hoantien.kplus. The station will pay the remaining amount in January 2026.

On the same morning,FPT Play announced that it had acquired the copyright of the English Premier League in Vietnam, valid until the 2031 season. Previously, K+ had exclusive rights to the most attractive football tournament on the planet for 16 years.

Established in 2009, K+ made a big splash when it appeared in Vietnam, providing pay TV services, along with copyrights of top football tournaments. However, this unit was slow to transform during the period of Internet and OTT app distribution format development. The problem of illegal football and copyright infringement habits from users also greatly affected this unit.

Since July, information about K+ Television's imminent withdrawal from Vietnam has spread on social media, attracting a large amount of public discussion. The source of the news comes from Canal+, the station's major shareholder, considering withdrawing from the Vietnamese market because the loss "has become significant" and "there is no feasible solution", according to D ecodeTV .

"We may decide to drastically restructure our operations here, or even consider withdrawing completely," said Canal+ CEO Maxime Saada.

Source: https://znews.vn/k-chinh-thuc-len-tieng-post1609564.html