SPAIN / Green light for Buendía Estudios

On June 17th the European Commission approved the launch of Buendía Estudios. This content creation and production company came out of an agreement between Telefónica (Spanish telecommunications company) and Atresmedia (Spanish audiovisual group which owns the Antena 3 channel). The new company will create original audiovisual content in Spanish for international distribution.

Buendía Estudios
Silvio Gonzàlez, CEO of Atresmedia and Emilio Gayo, President of Telefónica

Buendía Estudios has already entered into partnerships with Movistar +, Amazon, Netflix, Warner, and HBO. Agreements have also been made with channels operating in Spain’s autonomous regions.

This 50/50 alliance between two Spanish audiovisual companies is a first. By creating Buendía Estudios, Telefónica and Atresmedia are pooling their resources to optimize their activity.

Sources :
https://www.20minutos.es
https://www.breakingnews.fr
https://www.telefonica.com

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