You will be redirected back to your article in seconds

Tallada tapped prexy of telco Avanzit

Exec replaces Soler, who stays on as a board member

MADRID — Spanish entrepreneur Javier Tallada has been tapped as prexy of Spanish telco/tech giant Avanzit.

He is Avanzit’s leading shareholder with around 15% of the company. He replaces Ramon Soler, who stays on as a board member.

Tallada intends to transform Avanzit subsid Telson, a Spanish post-production leader and niche channel packager, into a film and TV holding.

Early this week, Avanzit agreed to purchase Tomas Cimadevilla’s production house Telespan 2000, which has produced pic smashes such as “The Other Side of the Bed,” “Football Days” and “The 2 Sides of the Bed.”

Telson could spinoff and seek a public listing in six to 12 months when its projected annual revenues reach E100 million ($126 million), a source at Avanzit said.

Avanzit Media, whose major asset is Telson, recorded a 2005 turnover of $45 million.

Telson aims to grow its post-production biz and buy up other film and TV contents companies. Avanzit is in acquisition talks with five film and TV companies, the source confirmed.

On Wednesday, Avanzit’s board of directors also named Jose Manuel Arrojo as prexy of Telson.

More Biz

  • Time Square Station Explosion

    NYPD Investigating Explosion in Times Square Station, Suspect in Custody

    MADRID — Spanish entrepreneur Javier Tallada has been tapped as prexy of Spanish telco/tech giant Avanzit. He is Avanzit’s leading shareholder with around 15% of the company. He replaces Ramon Soler, who stays on as a board member. Tallada intends to transform Avanzit subsid Telson, a Spanish post-production leader and niche channel packager, into a […]

  • Celebrities Respond to Viral Keaton Jones

    Celebrities Send Messages of Support to Bullied Boy: 'Stay Strong'

    MADRID — Spanish entrepreneur Javier Tallada has been tapped as prexy of Spanish telco/tech giant Avanzit. He is Avanzit’s leading shareholder with around 15% of the company. He replaces Ramon Soler, who stays on as a board member. Tallada intends to transform Avanzit subsid Telson, a Spanish post-production leader and niche channel packager, into a […]

  • Leonardo Nam arrives at the 2017

    'Westworld's' Leonardo Nam Says Seeing Asian Actors in ‘Star Wars’ ‘Feels Normal’

    MADRID — Spanish entrepreneur Javier Tallada has been tapped as prexy of Spanish telco/tech giant Avanzit. He is Avanzit’s leading shareholder with around 15% of the company. He replaces Ramon Soler, who stays on as a board member. Tallada intends to transform Avanzit subsid Telson, a Spanish post-production leader and niche channel packager, into a […]

  • Max Clifford death. File photo dated

    Max Clifford, Former Celebrity Publicist, Dies in Prison at 74

    MADRID — Spanish entrepreneur Javier Tallada has been tapped as prexy of Spanish telco/tech giant Avanzit. He is Avanzit’s leading shareholder with around 15% of the company. He replaces Ramon Soler, who stays on as a board member. Tallada intends to transform Avanzit subsid Telson, a Spanish post-production leader and niche channel packager, into a […]

  • Hannibal Buress Arrested in Miami for

    Hannibal Buress Arrested in Miami for Disorderly Intoxication

    MADRID — Spanish entrepreneur Javier Tallada has been tapped as prexy of Spanish telco/tech giant Avanzit. He is Avanzit’s leading shareholder with around 15% of the company. He replaces Ramon Soler, who stays on as a board member. Tallada intends to transform Avanzit subsid Telson, a Spanish post-production leader and niche channel packager, into a […]

  • Charlie Sheen Sues National Enquirer Over

    Charlie Sheen Sues National Enquirer Over Rape Claim

    MADRID — Spanish entrepreneur Javier Tallada has been tapped as prexy of Spanish telco/tech giant Avanzit. He is Avanzit’s leading shareholder with around 15% of the company. He replaces Ramon Soler, who stays on as a board member. Tallada intends to transform Avanzit subsid Telson, a Spanish post-production leader and niche channel packager, into a […]

  • Walt Disney Studios

    Disney Music Executive Charged with Child Sex Abuse (EXCLUSIVE)

    MADRID — Spanish entrepreneur Javier Tallada has been tapped as prexy of Spanish telco/tech giant Avanzit. He is Avanzit’s leading shareholder with around 15% of the company. He replaces Ramon Soler, who stays on as a board member. Tallada intends to transform Avanzit subsid Telson, a Spanish post-production leader and niche channel packager, into a […]

More From Our Brands

Access exclusive content