Spanish TV Fiction Producers’ Appetite for Co-Production Grows
Emiliano De Pablos Traditionally, Spanish broadcasters retained all rights, paying producers a percentage of the budget of their series, which prevented them from building catalogs of their own rights. Although at first, the arrival of SVOD platforms didn’t change their business relationship, the increasing demand for TV fiction and financial needs have forced an increased use of the co-production model.“There is a lot of creativity and versatility in co-productions from Spain,” says Caroline Servy, managing director at The Wit.Dipping its toe into the co-production arena in 2016 with “The Young Pope,” The Mediapro Studio, one of Europe’s super-indies, is expanding across Asia, Latin America and the U.S.