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K+ will cease operations in Vietnam after 16 years. |
On December 3rd, Saigontourist Cable Television (SCTV) announced the discontinuation of the K+ channel package on its platform starting January 1st, 2026. While not an official announcement from the managing entity, this information implicitly confirms the termination of operations for the company holding the broadcasting rights to numerous popular Vietnamese football leagues.
"According to an announcement from VSTV, the operator of K+ in Vietnam, VSTV has decided to completely cease providing the K+ package from January 1, 2026," SCTV stated.
Accordingly, users of this package on the Saigontourist Cable Television system will be provided with 5 K+ channels until December 31st. After that date, the signal will cease, including on SCTV and other platforms. Regarding the Premier League broadcasting rights, the rights holder will announce the information to users soon.
Established in 2009, K+ made a big impact upon its arrival in Vietnam, offering pay-TV services with broadcasting rights to top football leagues. However, the company was slow to adapt during the period when the internet and OTT app-based distribution formats developed. The problem of illegal football streaming and copyright infringement by users also significantly impacted the company.
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Announcement from SCTV. Photo: SCTV. |
Meanwhile, K+ has not yet made an official announcement. Previously, the channel had made several moves suggesting a reduction in the scale of its operations.
From the beginning of October, the broadcaster also stopped selling new packages for satellite receivers (DTH) and Internet receivers (TV Box). K+ Television only sells new OTT services via mobile application and computer website. At the same time, they maintain the renewal of existing subscriptions. Initially, the company sold packages for 1 year, 6 months, 3 months, and 1 month. However, as the December 31st deadline approached, the maximum subscription period was shortened.
On November 20th, when K+ app users accessed the service to renew their subscriptions, the provider only offered a bundled package for watching programs. However, the number of options was significantly reduced. The broadcaster only offered two options: customers renewing monthly or watching until December 31st at the latest. Thus, the longest option K+ offered was until the end of this year.
By December, partners of this platform such asFPT Play, MyTV, and TV360 had also stopped selling or renewing K+ packages on their platforms. Only customers who purchased in advance could watch the programs.
Since July, information about K+ Television's impending withdrawal from Vietnam has spread on social media, attracting significant public discussion. The reason stems from Canal+, a major shareholder of the broadcaster, considering withdrawing from the Vietnamese market due to "significant" losses and "no viable solution in sight," according to DecodeTV .
Canal+ CEO Maxime Saada said: "We may make a decision to significantly restructure our operations here, or even consider withdrawing entirely."
Later, the broadcaster stated that they were still selling and renewing subscriptions "normally," and would continue to broadcast the tournaments for which they held the broadcasting rights. Following this announcement, the K+ package was no longer distributed on many OTT applications and cable TV. To watch the English Premier League with proper broadcasting rights, viewers were forced to purchase K+.
With K+'s future uncertain, its users and sports fans are worried about which channel will be licensed to broadcast English Premier League matches.
According to several sources, FPT Play will take over the Premier League broadcasting rights in Vietnam from K+. On paper, the world's most exciting football league will still be held by VSTV until the end of the 2028 season.
Source: https://znews.vn/k-dong-cua-tu-112026-post1608262.html
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