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Spain's Film Future: Big Bet on Alicante Studios
14 Sep
Summary
- Good Films Studios Spain plans 20 international features over 10 years.
- The venture secured $23 million from Spanish state fund SETT.
- The goal is to build a sustainable film industry in Spain.
Miriam Segal's Good Films Studios Spain (GFSS) is embarking on an ambitious 10-year plan to produce 20 international feature films from its base in Alicante. This venture is supported by a significant €19.8 million ($23 million) investment from the Spanish state fund SETT, alongside private partners. GFSS aims to foster a sustainable film industry in Spain by providing consistent production opportunities.
Segal, leveraging over three decades of international production experience, highlighted the challenge of securing talent due to actors' commitments to studio projects. The committed financing from GFSS enables her to offer pay-or-play deals, a crucial advantage for independent producers. This strategic approach focuses on the commercial independent theatrical space.
The studio's operation at Ciudad de la Luz is designed for long-term stability, contrasting with the region's history of transient productions. GFSS prioritizes building local crews and developing talent through paid training programs, with a goal of reaching full operational speed within approximately three years. This commitment is seen as a vital step towards establishing a robust filmmaking community in Alicante.