Spain’s TV Production Boom Sends Ripples Through Industry

  • Variety
Spain’s TV Production Boom Sends Ripples Through Industry
Never has Spanish TV drama production been so vibrant.

Over the past 12 months, “La Casa de Papel” (“Money Heist”) and “Elite” became global sensations via Netflix, building on the success of previous series that demonstrated a never-seen-before appetite for Spanish originals.

Netflix is opening the doors of its first European production hub in Madrid in early April and preparing five new Spanish Originals; Movistar + aims to produce 15 series a year; HBO and Amazon are increasing production.

Meanwhile, top free-to-air TV broadcasters Mediaset España and Atresmedia are re-inventing themselves as studios, producing content for third-party operators, and taking advantage of their production expertise.

The boom is opening up more ambitious and flexible business production models, such as co-production.

“Many of our projects, from inception, have co-production partners,” says Telefonica’s Movistar + president, Sergio Oslé. “It keeps us international from the get-go and helps us distribute, and also reach some scale and share know-how.
See full article at Variety »

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