Vivendi Universal subsid StudioCanal has taken a 45% stake in leading Spanish film distributor Sogepaq in a deal worth 47 million euros ($40 million).
One of Spain's hottest young directors, Alex de la Iglesia ("Perdita Durango"), has set up his own production banner, Panico Films.
In a new export drive, Spain's Institute for Foreign Commerce (ICEX) will commit up to 100,000 euros ($86,000) on P&A for the theatrical release of a Spanish film in a key overseas territory.
Giant Spanish telco Telefonica got the OK from the government to pull out of the cable TV sector in order to focus on its broadband rollout.
On May 23, Juan Vallejo and Juanito Oiarzabal took three hours to plod up the final few hundred feet of the north face of Everest, the same route that killed George Mallory in 1924.
Spain's biggest film and TV conglom, Sogecable, has inked a deal with a Portuguese digital terrestrial television consortium teaming telco ONI and TV group Media Capital to supply contents and…
Cesar Alierta, prexy of giant Spanish telco Telefonica, rebuffed speculation and reports about the future of film and TV subsid Telefonica Media on Thursday.
Spain has another new and powerful pic producer: Ensueno Films, a 100% subsid of terrestrial broadcaster Antena 3.
Joaquin Oristrell's "Sin Verguenza" (No Shame), a sardonic take on acting, grabbed kudos for film, screenplay and actress (Veronica Forque) at the fourth Malaga Spanish Film Festival.
Barcelona-based mini-major Filmax has licensed Japanese rights on three pics to Gaga Communications, one of the deepest-pocketed, if selective, buyers at this year's Cannes Film Festival.
Celebrated Spanish writer Vicente Molina Foix's debut feature "Sagitario" will open the 16th Cinema Jove Intl. Film Festival for young or new cineastes.