Netflix, Amazon Among Top Investors Expanding Spain’s Entertainment Biz

In April 2018, Netflix announced that Spanish heist thriller “Money Heist” (“La Casa de Papel”) had become the U.S. streaming service’s most-watched non-English series ever. With a Spanish series c…

announced that Spanish heist thriller “Money Heist” had become the U.S. streaming service’s most-watched non-English series ever.

As Spain advances on the third year of the 2021-25 AVS Hub Plan, a big question is how its entertainment sector can sustain momentum.

In Catalonia, film-TV agency ICEC’s total allocated audiovisual funding rose from €12.6 million in 2019 to over €41 million this year. Government intervention is one thing. It needs to align, however, with powerful market forces and the artistic ambitions of new generations to really reshape a sector.Spain produced 25 animated features over 2018-21, according to “Who Is Who: Animation 2022,” published by ICEX Spain Trade and Investment. At a Málaga Festival press conference in March, animation association Diboos displayed 40 Spanish titles set to either hit the country’s theaters in 2023 or be in the production pipeline.

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