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Spain’s Telefonica, Atresmedia Unveil Production Powerhouse Buendia Estudios

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variety.com
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Telefonica and Spain’s Atresmedia group, original co-creators of “La Casa de Papel.”Producing film, series and entertainment projects, the game-changing strategic alliance will see a joint venture between Spain’s two biggest content investors who invested some €1.45 billion ($1.6 billion) in programming in 2019, according to IHS Markit estimates.The move allows the partners to gain in budgetary scale when making movies – though nowhere near the heights of U.S.

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