Telefónica & Atresmedia to Launch Joint Studio Buendía Estudios

The European Commission has given its approval for Telefónica and Atresmedia to jointly launch Buendía Estudios, a new studio that aims to boost Spanish and Latin American talent throughout the world.

The groups will each hold 50 percent of Buendía Estudios. The production company will develop a large part of its activities for third-party, domestic and international operators. Associates already include Movistar+, Atresmedia, Amazon, Netflix, WarnerMedia (HBO, TNT, HBO Max), Orange and regional channels.

The studio is targeting Spanish, Latin American and Hispanic U.S. markets, and co-productions are on the planner.