Ed Meza @edmezavar 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 platforms that are propelling Spanish shows around the globe often at the cost of IP ownership.
Álex de la Iglesia of Madrid-based production powerhouse Pokeepsie Films 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. “But I can only say that working with the devil is worth it.,” he added.
De la Iglesia added that Spain’s production sector was running hot. “We are working a lot.” Spain, he added, had never seen so much production taking place.
Read more on variety.com