Secuoya Studios will manage 35 annual projects with a budget of 135 million euros
The Spanish-speaking content factory of the Secuoya group, led by James Costos, is already working on productions such as the adaptations of 'El Zorro' and 'The School of Americas' and developing twenty unscripted formats and five films.
Secuoya Studios, the large factory of fiction, unscripted and film content in Spanish for the main platforms, producers, operators and broadcasters in the United States, Latin America and Spain, promoted by the Secuoya group, was presented this Thursday, January 28, in Tres Cantos (Madrid).
The ambitious study, which groups, structures, makes Secuoya's different verticals independent and internationalized which have already been operating successfully for years, aspires to become the best ally and preferred partner for producers in the United States and Latin America. Proof of this is the complete trust placed by Andy Kaplan, John Gertz and Jesus Torres, renowned international producers, in the fiction adaptation of The Fox, the mythical character created by Johnston McCulley. Likewise, the renewed series area also works on The School of Americas, the novel by Lesley Gill, and a comic by Kevin Grevioux about a Latina superhero. In addition to these series and another dozen co-productions, in the area of unscripted, an international adventurous reality show for an international platform, new formats with figures such as Carlos Saura and José Andrés for the national market, and, in the film division, five films (The Test, Heroines of the neighborhood, Everyone does it, Alone and the adaptation of Colored boots for rainy days), in pre-production and filming phase in 2021.
This new studio, which has a large team of professionals from all over the world led by James Costos at the head from the headquarters in Los Angeles and in six other bases of activity in the world (Miami, Mexico City, Bogotá, Santiago de Chile, Peru and Madrid), it also adds new transversal areas such as production service, co-investment and tax incentives, to compete at the highest level with a true value offer in a constantly evolving market.
All this is supported by a ambitious business plan with the aim of participating in the production of 35 projects with an annual budget of 125 million, figures that will be reached in the coming years. During the last year, projects have been produced in all the areas covered by the studio for a value of more than 40 million.
In this sense, its strategic plan has as a priority betting on the creation through the development and ownership of large IPs in Spanish, with the aim of achieving a broad portfolio of projects financed by the production company itself. Likewise, the new studio will generate strategic relationships with prominent international industry partners for the creation, development, co-production and distribution of entertainment, fiction and film formats, which expand existing projects with operators, platforms and distributors.
The fiction, the audiovisual genre with the most production demand today, will be one of the key pieces of the new Hispanic factory. After filming Supernormal, an original series for Movistar+ directed by Emilio Martínez-Lázaro, the series area has implemented in recent months the development of a portfolio of large IPs, adaptations of pre-existing works and originals aimed at a global audience. To do this, the area that directs David Martinez collaborates with the talent and creativity of such renowned names as Carlos Portela, Javier Ruiz Caldera, Jaume Balagueró and Carmen Fernández Villalba, among others.
Secuoya Studios Ficción has announced the adaptation exclusively for the international market The Fox. The studio has the rights to the mythical character created by Johnston McCulley and is working on the production of this series alongside renowned international producers such as Andy Kaplan, John Gertz and Jesús Torres. In addition, it prepares the Spanish-speaking version of The School of the Americas, by Lesley Gill. On the other hand, David Martínez's area is developing a project around the first voyage of Christopher Columbus, based on The Loss of Paradise, by José Luis Muñoz, in addition to the series of books by Galician writer Domingo Villar about Commissioner Leo Caldas and the announced La mala leche, an adaptation of the comic by screenwriter Henar Álvarez.
In the section of co-productions, in addition to The Island con Tiki Pictures, highlight an original project together with Morena Films, directed by Javier Ruiz Caldera and created by Carmen Fernández Villalba and Carlos Portela, as well as a horror series starring Álvaro Morte with Jaume Balagueró in the direction next to Infinite Films. Also, a youth series is already in the development phase in co-production with Argentina and Italy, and a comedy about the universe of women's soccer with the scriptwriters and directors Teresa Bellón and César F. Calvillo.
The series area will be focused primarily on the markets of Europe, the United States and Latin America, like the rest of the studio's divisions. In this clear international vocation, the experience of Sergio Pizzolante, former president of Sony, as representative of Secuoya Studios for LatAm/US.
Collaboration with Álamo Producciones
The commitment to the seventh art is a constant in the spirit of the new studio. The company's commitment to the sector, despite the difficult moment it is going through, is maintained and strengthened thanks to the collaboration with Álamo Producciones.
Currently, the production company he runs Eduardo Campoy It has four films pending release: Mom or Dad in co-production with Atresmedia Cine and Warner Bros and under the direction of Dani de la Orden; Only once, based on the work of Marta Buchaca directed by Guillermo Ríos and starring Ariadna Gil, Alex García and Silvia Alonso; Who are you traveling with?, by Hugo Martín, and Skin on fire, with Óscar Jaenada and Fernando Tejero leading the artistic team.
Likewise, they are in the middle of filming The Test, co-produced with Atresmedia Cine and Warner Bros. under the direction of Dani de la Orden, and Heroines of the neighborhood, directed by Ángeles Reine. In addition, the production company directed by Eduardo Campoy has in the pre-production phase everyone does it, Solos and the adaptation of the novel Colored boots for rainy days by María G. de Jaime and Tomas Paramo.
Unscripted projects in development
The unscripted formats department of Secuoya Studios, which generated more than 1,500 hours of television in 2020, has demonstrated its capacity for growth in the last four years thanks to the quality, diversity and innovation of its proposals, which have long occupied the programming of national and regional networks and platforms (The Roaring Twenties, The Secrets of La Roja).
Aware of the enormous weight of streaming In new consumption, the area of documentaries, current affairs and entertainment implements the development of new television formats for the national market with such important figures as Carlos Saura and José Andrés, and begins an exciting stage with its landing in Latin America, with its own teams in the headquarters of Mexico, Chile and Colombia.
Furthermore, the area unscripted It has 20 projects in different phases of development after signing agreements with leading partners such as Universal Music, Starlite and Cultura Inquieta. In this sense, it is preparing a new international adventure reality show for a global platform, which will begin recording later this year.
Provision of services for co-productions
Likewise, within the large Spanish-speaking studio, specific areas dedicated to the provision of services for international co-productions, structuring of financing and tax incentives covered by the new Corporate Tax Law (LIS) and the next General Law of Audiovisual Communication.
The studio has a multidisciplinary team expert (fiscal, financial, accounting and legal) for the structuring of the different content products by product type (fiction, cinema, docus, entertainment), players involved in the projects (investors, producers, brands, emission windows) and operations (fiscal incentives, AIEs, tax rebate, tax credit...).
The company has an area specialized in servicing international productions, which aims to grow significantly in the coming years due to the enormous demand in the audiovisual market.
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