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Spain Revs Up Co-Production as Public Funding Builds

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variety.com

Emiliano De Pablos Spain has found a place on the global film industry’s radar as an attractive market for co-producing projects, boosted by its bigger-than-ever-public-sector funding.

The trend comes in a moment of maturity for its audiovisual industry, with competitive tax incentives and the emergence of fresh talent, often female, whether directors or producers.

Unlike U.S. indie producers, hard hit by streamers pulling back, European counterparts still have public sector financing. But to make movies of any artistic ambition, which might justify that funding and break out to foreign sales and a theatrical release, producers are looking overseas more and to other parts of Spain for production partners.

Co-production is booming. Only last year, Spain co-produced 70 films, beating its average production for the period 2018-2022 of 256 titles,   according to Spanish film agency ICAA.

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