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Telefonica, Atresmedia to launch their content production venture in 2020 - report

Monday 21 October 2019 | 08:55 CET | News
Telefonica and commercial broadcaster Atresmedia are set to launch their joint project to create Spanish language content for distribution around the world in 2020, according to unnamed sources cited by business daily Expansion. Last month, the partners announced a preliminary agreement to jointly produce fiction content in a bid to compete with streaming giants such as Netflix, HBO and Disney. They now expect to receive the approval of the competent authorities by the end of the year for a 50-50 joint venture that won't require a large investment in financial terms, said the sources.

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Categories: Broadcast & Satellite
Companies: Atresmedia / Telefonica
Countries: Spain
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