Spanish Producers Deal With the ‘Devil’ as They Seek to Conquer the World

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Spanish Producers Deal With the ‘Devil’ as They Seek to Conquer the World
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Spanish producers taking part in a Spanish content showcase at the Berlinale Series Market on Monday debated what was jokingly referred to as the “devil’s bargain” offered by major streaming platfo…

on Monday debated what was jokingly referred to as the “devil’s bargain” offered by major streaming platforms that are propelling Spanish shows around the globe often at the cost of IP ownership. said the company for years retained the IP of films that played in local cinemas. “We assumed there was no other model. Now, maybe we lose our IP, but suddenly our movies are in the houses of the whole planet. Maybe you have to sell your soul to these ‘diabolical’ platforms,” he joked.

That is the approach Mediacrest is taking with its latest series, the international co-production “17kHz,” a climate change thriller created with Helsinki-based ReelMedia and Finnish public broadcaster YLE. Now part of entertainment giant Banijay and a regular producer for the major streaming platforms, Pokeepsie also still seeks to retain some of its IP, said CEO Carolina Bang.

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