Mediawan expands its presence in Spain with an ambitious production hub

Mediawan Studios Spain is emerging as an ambitious production hub made up of the Boomerang TV group, Good Mood and Weekend Studio.

Mediaman, one of the leading independent premium content production studios in Europe, has just announced the creation of Mediawan Studios Spain, an ambitious production hub in Spain composed of the group Boomerang TV, Spanish subsidiary of Lagardère Studios whose acquisition closed on October 30, Good Mood, independent production company acquired in June and Weekend Studio, a promising production company in which it has acquired a minority stake.

Mediawan Studios Spain will be directed by Monica Galer, member of the board of directors of Mediawan since November 2019.

In recent years, Spain has emerged as one of the most dynamic markets in the production industry in Europe, and is a priority market for Mediawan. With more than 460 million native Spanish speakers in the world, there is a growing demand for premium content in Spanish globally.

The group's objective when creating this hub in Spain is bring together the best talents in audiovisual content European with extensive experience in all types of formats (series, cinema, entertainment formats), a recognized track record in the production of premium content and with global ambition.

On the other hand, it is reinforce co-production and co-distribution synergies among the Group's production companies throughout Europe, as the group has begun to do in recent months with Palomar in the Italian market.

The hub will also enhance the close relationships that these production companies have forged with the main television networks and platforms in the Spanish market.

Pierre-Antoine Capton, Chairman of the Board of Directors of Mediawan, comments that "the creativity and dynamism of the Spanish production market is as impressive as the quality and know-how of its production companies. This hub will create key opportunities for the Mediawan Group not only in the thriving Spanish market but in all Spanish-speaking regions. We are looking forward to starting to work with the Boomerang TV Group and Weekend Studio and to welcome them to the Group, as we have done in recent months with Good Mood."

"Becoming part of Mediawan is great news for the Boomerang TV and Veranda teams. Integration into one of the main European audiovisual groups will help us strengthen our positioning as one of the largest Spanish television production companies and opens up a significant range of opportunities for us. Creative talent is one of our main assets and, in addition, we share with our partners the passion for what we do. This will allow us to work with a global mentality and generate synergies," he points out. Pedro Ricote, founder and Senior Manager of the Boomerang TV group.

"It is an honor for a young production company like Weekend studio to be part of a great audiovisual group like Mediawan. Our ambition to grow and our international vocation makes Mediawan our perfect partner to achieve this," he highlighted. Tomas Cimadevilla, founder and CEO of Weekend studio.

Finally, Daniel Écija, founder of Good Mood Productions, emphasizes that “Mediawan is a strategic and ideal partner that has respected our vision and philosophy from the beginning, demonstrating enormous mutual trust in this alliance.”