Spanish Prime Minister, Pedro Sanchez, Showing at NBC Universal Studios in the US, and before a host of CEOs from companies like Netflix and HBO, His plans to turn Spain into the “Hollywood of Europe”..
Sanchez unveiled in Los Angeles the pillars of a plan that will allocate about $1.8 billion to boost the Spanish audiovisual sector, Which includes tax benefits for products you decide to locate in Spain Issuance of a special visa to expedite the arrival of professionals.
We want to make Spain a first-class audiovisual power and that’s why we launched #SpainAVSHub. Today I explained to CEOs of large audiovisual companies this plan and why our country is the perfect location for their projects. We are waiting for you!
– Pedro Sanchez (@sanchezcastejon) 23 July 2021
“Spain has all the necessary administrative and financial incentives, as well as every possible landscape, to receive new projects and create new novels. We aspire to become, if we are allowed to compare, the Hollywood of Europe,” he said.
Sanchez’s words came after a meeting She maintains it with the heads of Netflix, HBO, WarnerMedia, Disney and Activision As part of the second phase of his economic tour of the United States, which will conclude tomorrow, Friday, with a visit to several technology companies located in the San Francisco area.
He appreciated, “Information and entertainment platforms have become the window through which millions of people look at a new reality. They have revolutionized the field of entertainment.”
The president exemplified the international success of national productions, such as “La Casa de Papel” and “Elite”, as well as foreign novels such as “Game Of Thrones”, whose portrayal boosted tourism in parts of the Basque Country. He will return to Spain in the fall to shoot his prequel “House of the Dragon”.
Spain seeks to take advantage of Brexit ‘gap’
Pedro Sanchez added that he wants to take advantage of the Brexit situation to bypass the UK in the audiovisual profession, thus, Celebrated that ViacomCBS (Owner of Paramount Corporation) She moved her production center from London to Madrid.
He noted that “many cross-border TV providers that were established in the UK prior to Brexit have now moved their operations to Spain, including our hosts today, NBCUniversal, Sony and Disney, to name a few.”
A series of movements made Spain “the second country in the European Union after Germany with the most hours of fiction production”.
The audiovisual plan is part of Recovery, Transformation & Resilience Plan for the Spanish economy and will also benefit from the improvements in the technological infrastructure prepared by the government.
Another focus of the work includes providing assistance and support to potential investors, both foreign and Spanish companies interested in internationalization. The goal is to achieve a 30 percent increase in audiovisual production in Spain by 2025.
Searching for technology and language promotion
Sanchez began his Los Angeles schedule with a visit to NASA’s Jet Propulsion Laboratory (JPL).
The goal was to promote Spanish technology in the space field, which the Spanish government intends to pay special attention to in specific projects within the above-mentioned recovery plan.
accompanied by the mayor of Los Angeles, Eric Garcetti, The Spanish Prime Minister toured the control center of the laboratory responsible for the latest trips to Mars. Many of the components for the robotics used in these missions were manufactured in Spain and Sanchez also spoke with twenty Spanish engineers who work at the center.
The president then used his stay in Los Angeles to head up a business to promote Spanish language and culture, after the government had recently approved Opening of the Cervantes Institute Center in California.
At the event at UCLA, he asserted that Spanish is perhaps “the most vibrant language in the world”. In his opinion, It is the language of “progress, modernity, future and understanding”. He is the “Best Commercial, Freedom and Cultural Ambassador” of Spain.
After closing his schedule in Los Angeles at Universal Studios, Sanchez flew to San Francisco, where on Friday, with a visit to the Apple campus and a series of meetings with executives from various tech companies, he will end his US tour. It started on Tuesday in New York.
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