In a surprise bonanza, giant Spanish telco Telefonica has announced that it will give its shareholders nearly half of its 59% stake in commercial broadcaster Antena 3.
Warner Bros Pictures has confirmed that Ana Amigo will be director of local production in Spain, per reports (Daily Variety, Dec. 15).
Sogecable distribution company Sogepaq has licensed smash B.O. hit "Mortadelo and Filemon" to Art Port in Japan and Apex in Korea, following a German-language rights deal with the Falcom Media Group.
European Union competition authorities on Friday cleared the merger of Spanish payboxes Canal Satelite Digital and Via Digital, owned by Sogecable and Telefonica, respectively.
The Toulouse Latin American Cinemas Festival and the San Sebastian Intl. Film Festival have selected five films from Argentina to feature in its first Films in Progress screenings this year.
Children's programming is disappearing in Spain, and few viewers or broadcasters give a hoot.
Having plunged 7.85% from E2.3 billion ($2.5 billion) in 2000 to E2.1 billion ($2.3 billion) in 2001, Spain's TV ad spending appears to be bottoming out.
Spanish sales consortium, the Pi Group, has licensed all U.S. rights to "Los novios bulgaros," (Bulgarian Lovers) to TLA Releasing.
Full-year B.O. in Spain edged up 1.5% last year to 626 million euros ($673.0 million), while admissions fell 4.2% to 140.7 million, per figures published Monday by Spain's Ministry of Culture.
Telefonica's aggressive investment in the media since 1997 has come back to haunt the giant Spanish telco as its media subsid Admira Media posted a full-year net loss of €669 million ($720 million)…
It should be a banner year in 2003 for the U.S. major studios in Europe. Forget the lineups: The boom will be coming from a stronger euro, which has been closing in on the dollar since June. A…