Production hub money back series#

Please see our disclaimer at the bottom of this page. However, please be aware that, since translations are done by machine, they may not always be perfect. By providing these translations, we hope to make essential information available to a diverse range of investors. The sector is also getting a boost from new European Union rules due to come into effect in 2020 which will require streaming video providers like Netflix and Amazon Prime Video to dedicate at least 30 percent of their catalogues to European content.Google Translate – an automatic translation service that uses state-of-the-art technology, not human translators, to translate text – provides instant translations in different languages. Spain's relatively low salaries make it competitive to produce shows in the country, Diego added.

Production hub money back series#

She pointed out that 'Money Heist' creator Alex Pina had been making series for Spanish TV stations for the past two decades. 'We focus on the new platforms but all of this crystalised before,' said Patricia Diego, a TV production professor at the University of Navarra. Spain, which has a long history of film and TV production, is taking advantage of the opportunity.

The subscription streaming service market will grow faster in Spanish-speaking nations between 20 than in Britain or the United States, according to a forecast by PricewaterhouseCoopers. Spain's Mediapro and foreign rivals Viacom and Netflix have set up, or increased their activity, in Madrid as demand for content booms due to the rise of video streaming The unexpected success of the series weighed heavily on Netflix's decision to set up shop in Madrid, said Elena Neira, a specialist in new media at the Open University of Catalonia.Īnd the success of other Spanish series on streaming services such as 'Elite' about teens at an exclusive private school in Madrid has led Spanish producers to set their sights higher, she added.

Initially broadcast on private Spanish TV channel Antena 3, the US streaming giant bought the series in late 2017 and re-released it worldwide, turning the show into a global phenomenon. The Emmy-winning series about a long-prepared, multiple-day assault on the Royal Mint of Spain is Netflix's most watched, non-English language show. The third season of 'Money Heist', which Netflix will release worldwide on Friday, was filmed in this sprawling 22,000-square-metre (237,000-square-foot) complex. Madrid's status as a new hub for TV series production was thrown into the spotlight when Netflix in April opened its first European production centre in Tres Cantos in the outskirts of the city. Initially broadcast on a private Spanish TV channel, Netflix bought 'Money Heist' and re-released it worldwide, turning it into a global phenomenon Producing series for a streaming service requires the 'narration to be a bit different, so viewers get, in a way, addicted to the content' since users of the platforms tend to binge-watch shows, said Mediapro content director Javier Mendez. Mediapro is also preparing a sitcom for HBO, which has a streaming service that competes with Netflix, as well as 'projects' for other platforms that it could not discuss. The company used to produce 'two or three' series at that studio per year, now it makes 10-an 'unimaginable' amount just a few years ago, said Javier Pons, who is in charge of television production at the firm. The scene will be used in a series that the company is producing for Spain's most watched television channel, Telecinco. Spanish multimedia group Mediapro and its foreign rivals Viacom and Netflix have set up shop or increased their activity in the Spanish capital to meet booming demand for content sparked by the rise of subscription video streaming services.ĭuring a recent visit to Mediapro's studios north of Madrid, film crews were busily recording a dialogue between two actresses on a set depicting an upscale law office.