Juan Ponce de Telemundo Global Studio
Secuoya Studios and Telemundo Streaming Studios have struck a deal to co-develop, co-produce and co-finance multiple fiction projects through 2023.
The alliance, announced by Juan Ponce, SVP and general manager of Telemundo Streaming Studios, and James Costos, president of Secuoya Studios, during the first Iberseries Platino Industria, embraces a concept of collaborative work by creative professionals at both companies to create a portfolio of original Spanish-language audiovisual content.
The core goal of the two-year renewable partnership deal is to lend visibility to original Spanish and Latin American stories.
“We are proud to be able to work with Secuoya Studios to develop top-level content for our Streaming clients. We found in Secuoya the same mission and commitment to develop and produce stories that are able to connect deeply and in a novel way with a global audience”, stated Ponce.
“This deal is another step forward in creating stories alongside strong partners with a big presence in the Latin American and U.S. markets such as Telemundo Streaming Studios. We hope this will be the first of many future joint efforts in terms of content creation and production and in other areas, such as structuring financial agreements, services, back-office, the rental of stages that comply with the highest standards of the international markets, where Secuoya Studios has a proven track record of professional expertise,” said Costos.
An assessment committee of U.S. and Spanish creative executives will look at candidate projects from a global perspective. Selected properties will move on to concept development and production of a pilot. After picking the best stories and formats the Spanish content studio and the American streaming platform will start production.
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