News
June 17, 2020 |

TBI Vision

Telefónica, Atresmedia launch joint studio to take Spanish drama global

The Pier (aka El Embarcadero)

Spanish telco Telefónica and commercial broadcaster Atresmedia have been given the greenlight by the European Commission to launch a new studio joint venture focused on creating Spanish-language programming.

Buendía Estudios is a 50:50 JV between the pair and will focus on producing content in Spanish for the global market.

The two companies said that Buendia would focus on domestic and international operators, with a strategy to assist the Spanish audiovisual sector and its independent production community by promoting ‘association agreements’ and co-productions.

The company will aim to create content for partners including Telefónica’s own pay TV platform Movistar+ and Atresmedia, as well as Amazon, Netflix, Warner, HBO, TNT, HBO Max, Orange and Spanish regional channels.

Buendía Estudios will target the domestic Spanish, Latin American and Hispanic US markets.

Atresmedia has been responsible for some of the most-travelled Spanish dramas including Casa De Papel (aka Money Heist) for Netflix, as well as Locked Up, Gran Hotel and El Internado.

Movistar+, meanwhile, has been committed to the release of 12 projects a year, with recent additions including The Plague, Mira Lo Que Has Hecho, and Vergüenza.

Existing co-production projects from Movistar+ include Hierro, En El Corredor De La Muerte, and El Embarcadero (aka The Pier), the latter developed by Atresmedia Studios for the platform.

Come join the allrites marketplace! Unlock the value of content!

Get Started Now!

Recent News

MIPCOM & MIPTV organisers Reed Midem replace CEO
MIPCOM & MIPTV organisers Reed Midem replace CEO
MIPCOM and MIPTV organisers Reed Midem has appointed a ...
Read More...
US set for ‘historic’ cord-cutting loss in 2020
US set for ‘historic’ cord-cutting loss in 2020
The US pay TV industry will suffer ‘historic&...
Read More...
News round-up: Disney+ Hotstar extends ‘Doctor Foster’ remake; NPACT launches Covid-19 hotline; HBO Europe orders CEE duo
News round-up: Disney+ Hotstar extends ‘Doctor Foster’ remake; NPACT launches Covid-19 ...
Disney+ Hotstar returns to ‘Doctor Foster’ adaptation ...
Read More...
DLT Entertainment buys into Mark Watson and Lianne Coop’s Impatient Productions
DLT Entertainment buys into Mark Watson and Lianne Coop’s Impatient ...
UK-and-US-based production and distribution company DLT Entertainment has invested ...
Read More...
Blue Ant’s Look Mom! hires Warner Bros., Disney alum
Blue Ant’s Look Mom! hires Warner Bros., Disney alum
Look Mom! Productions, the Blue Ant Studios-owned animation outfit ...
Read More...