Sogecable, paybox Lobby for $11 mil pact

MADRID — Spain’s top paybox channel, Canal Plus Spain, and its owner, Sogecable, have signed a multipoint deal with Spanish producers Lobby Fapae, providing a cash injection and some $11 million for the Spanish film production sector.

Sogecable’s high-flying digital TV platform, CanalSatelite Digital (CSD), is under fire from Spain’s government over its use of proprietary access decoders and ownership of exclusive pay-per-view soccer rights.

Film producers are still concerned that Spanish pubcaster RTVE could scale back its film financing commitment for upcoming local pic productions. In times of such uncertainty, pay-TV deals with Canal Plus Spain have become essential financing sources for local production.

Under the terms of the agreement, paybox Canal Plus Spain and Sogecable will commit a minimum $9.9 million to upcoming Spanish film production. In a pioneering move, Sogecable and Canal Plus Spain will also pour $1 million into partial financing of Spanish TV movies and $530,000 into the promotion of local movies in Spain.

Outside of this deal, Sogecable film production arm Sogetel co-finances some 12 Spanish films a year, while its distribution division Sogepaq pre-buys some eight features annually.

More Film

  • Michelle Yeoh

    Michelle Yeoh to Be Feted at Macau Festival

    MADRID — Spain’s top paybox channel, Canal Plus Spain, and its owner, Sogecable, have signed a multipoint deal with Spanish producers Lobby Fapae, providing a cash injection and some $11 million for the Spanish film production sector. Sogecable’s high-flying digital TV platform, CanalSatelite Digital (CSD), is under fire from Spain’s government over its use of […]

  • Alexandra Shipp

    Film News Roundup: Alexandra Shipp in Talks for 'Shaft' Sequel

    MADRID — Spain’s top paybox channel, Canal Plus Spain, and its owner, Sogecable, have signed a multipoint deal with Spanish producers Lobby Fapae, providing a cash injection and some $11 million for the Spanish film production sector. Sogecable’s high-flying digital TV platform, CanalSatelite Digital (CSD), is under fire from Spain’s government over its use of […]

  • Producers Guild Taps Seven Documentary Nominees

    'Cries From Syria,' 'Jane' Among Producers Guild of America's Feature Documentary Nominees

    MADRID — Spain’s top paybox channel, Canal Plus Spain, and its owner, Sogecable, have signed a multipoint deal with Spanish producers Lobby Fapae, providing a cash injection and some $11 million for the Spanish film production sector. Sogecable’s high-flying digital TV platform, CanalSatelite Digital (CSD), is under fire from Spain’s government over its use of […]

  • Adam Fields Relativity

    Ex-Relativity Executive Adam Fields Accused of Sexual Harassment

    MADRID — Spain’s top paybox channel, Canal Plus Spain, and its owner, Sogecable, have signed a multipoint deal with Spanish producers Lobby Fapae, providing a cash injection and some $11 million for the Spanish film production sector. Sogecable’s high-flying digital TV platform, CanalSatelite Digital (CSD), is under fire from Spain’s government over its use of […]

  • Wolf Warriors 2

    China Box Office Passes $7.5 Billion Landmark

    MADRID — Spain’s top paybox channel, Canal Plus Spain, and its owner, Sogecable, have signed a multipoint deal with Spanish producers Lobby Fapae, providing a cash injection and some $11 million for the Spanish film production sector. Sogecable’s high-flying digital TV platform, CanalSatelite Digital (CSD), is under fire from Spain’s government over its use of […]

  • Laura Dern Emmy Award Win

    New York Women in Film & Television to Honor Laura Dern, Judith Light, Others at Muse Awards

    MADRID — Spain’s top paybox channel, Canal Plus Spain, and its owner, Sogecable, have signed a multipoint deal with Spanish producers Lobby Fapae, providing a cash injection and some $11 million for the Spanish film production sector. Sogecable’s high-flying digital TV platform, CanalSatelite Digital (CSD), is under fire from Spain’s government over its use of […]

  • Murder on the Orient Express

    Fox Developing 'Murder on the Orient Express' Sequel 'Death on the Nile'

    MADRID — Spain’s top paybox channel, Canal Plus Spain, and its owner, Sogecable, have signed a multipoint deal with Spanish producers Lobby Fapae, providing a cash injection and some $11 million for the Spanish film production sector. Sogecable’s high-flying digital TV platform, CanalSatelite Digital (CSD), is under fire from Spain’s government over its use of […]

More From Our Brands

Access exclusive content