The Spanish studio and the digital production company part of NBCUniversal Telemundo signed an agreement to develop multiple series until 2023. The announced occurred during the Iberseries Platino Industria edition, which runs until October 1 in Matadero, Madrid. Global distribution of these creations will be handled by NBCUniversal.
Secuoya Studios and Telemundo Streaming Studios signed an agreement to co-develop, co-produce and co-finance multiple fiction projects until 2023. The alliance, announced by James Costos, president, and Juan Ponce, SVP and General Manager, respectively, was part of the concept of the joint work of the creative professionals of both companies whose seek generate an audiovisual portfolio of their own creation in Spanish. The main objective of this biannual collaboration agreement is to give visibility to original Spanish and Latin American stories.
‘Our purpose is to take a further step in the production of stories in collaboration with such important and prominent’ partners’ in the Latin American and American world. We hope it will be the first collaboration of many, not only in what concerns the start-up and production of content, but also in other areas such as the structuring of financing agreements, services, back-office, rental of sets with the most maximum demands of the international market, where important majors, post-production, visual effects (VFX),… are already working, in which Secuoya Studios has demonstrated its extensive experience and professionalism’, said Costos.
Ponce added: ‘We are extremely proud to be able to work with Secuoya Studios, in developing unique content of the highest level for our streaming clients. At Secuoya we find the same mission and commitment to developing and producing stories that connect deeply and in innovative ways with global audiences’.
An evaluation committee made up of American and Spanish creatives will analyze the projects from a global perspective. Those selected will go on to a second phase of conceptualization and development of a pilot episode. Once the best stories or formats have been chosen, the Spanish content studio and the American streaming production company will start the production. Likewise, NBCUniversal, the mother company, will be in charge of the exclusive international distribution and the launch of the first negotiation, to license the series in the USA and Spain, both in its chains and platforms and in those windows included in its fabric. business.
