Movistar+ offer to acquire 295 million euros for 22% of Canal + in the hands of Mediaset Spain. On July 4, 2014, Mediaset Spain accepted the offer to purchase 22% of Canal + Telefónica. The April 22, 2015, the CNMC gave its approval to the sale of Canal + to Telefónica. After this, Canal + began the process of merger with Movistar TV the July 7, 2015, which resulted in Movistar +. After the merger, Telefónica retained Canal+'s VOD service, launched in 2011. It is available on Android, Apple devices, the web, Smart TV (Samsung and LG), PS3/PS4 and Xbox. Movistar+
State monopoly capitalism State monopoly capitalism The theory of state monopoly capitalism (also referred as stamocap) was initially a Marxist doctrine popularised after World War II. Lenin had claimed in 1916 that World War I had transformed laissez-faire capitalism into "monopoly capitalism", but he did not publish any extensive theory about the topic. The term refers to an environment where the state intervenes in the economy to protect larger monopolistic or oligopolistic businesses from threats. As conceived by Lenin in his pamphlet of the same name the theory aims to describe the "final historical stage" of capitalism, of which he believed the Imperialism