Slate expected to be announced at Cannes
Ignacio Salazar-Simpson. LaZona is a much-needed addition to the thin ranks of young pic producers in Spain. It launches as Spain’s pic production slump worsens: Pick-ups and payments have slowed at both Spain’s pay TV pic financiers, Via Digital and Canal Plus Espana, as their parent companies, Sogecable and Telefonica thrash out their merger. But LaZona bows with several competitive advantages. Having spent four years at the financial department of Telefonica Media, Gonzalo Salazar-Simpson may be better placed than most production execs to tap private equity or preferential credit for projects. “Given the problems facing the industry, it seems likely that new or less-tested finance formulas will have to be tried, and that international co-productions will take on greater importance,” Gonzalo Salazar-Simpson commented. Wilson and Ignacio Salazar-Simpson have considerable production experience, Wilson at Lolafilms, Salazar-Simpson at broadcaster Telecinco.