John Hopewell Chief International Correspondent In 2018, the U.K. was the unquestioned capital of Hollywood in Europe, home to 563 TV channels aimed at non-domestic markets — what is now Warner Bros.
Discovery, Paramount Global and Disney, for instance. With the country’s exit from the European Union, however, over half of those services have relocated.
After the Netherlands, their second-most-favored destination is Spain, with 212 such services in 2020, up from 79 two years earlier.
They have found a country “in the midst of a digital transformation process, driven by new technologies as virtual reality, augmented reality, extended reality, video game engines and LED walls, to name just some,” says María González Veracruz, Spain’s secretary of state for telecommunications and digital infrastructures.
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