Spanish group iZen, joins Patricio Rabuffetti's Non Stop, to create “Cacao & Cía”, a new production company aims to create and produce content in Spanish for the Latin American market with global ambitions.
The joint venture combines the creating and production capacity of the iZen group in Spain, renowned for titles such as the blockbuster “El Cid” (Amazon Prime Video), the first reality show for Netflix “Insiders”, or the successful daily tv series “Centro Médico” (TVE), among others, with the experience of the Non Stop Group in Latin America, which stands out for hits for Disney such as “Soy Luna”, “Violetta”, “Santa Evita”, and “Tierra Incógnita”.
“The potential and size of Non Stop and its enormous capacity in services and technology perfectly complement the creativity of iZen and out distribution force”, summarize Sara Fernández-Velasco and Jose Velasco of iZen.
This alliance was born with the vocation of proposing to the market a shared risk model with issuers and platforms, looking for new operating models that provide creative solutions to the financing and efficiency challenges facing the industry. The distribution and financing capacity of Newen Connect (the distribution arm of Newen Studios), iZen’s partner, completes the capabilities of this association for the Latino market, granting the new entity privileged access to its extensive catalog of fiction and entertainment content, generated from the production companies of the Newen group and the TF1 television channels.
Pedro Dávila, until now responsible for Non Stop Content, will lead the new company that will have a creative team with its own hallmark. Juliana Barrera will support the development of projects and the production of content from iZen Spain, which she has recently joined.
Pedro Dávila CEO of “Cacao & Cia” explains: “Under this new entity we will seek to support local talent and stories. We want to work with studios, but also with independent creators. We have the experience and resources to enter into co-production agreements and we are excited to work creating new models and offering production and distribution support in Latam or Europe”.
The Latino producer Patricio Rabuffetti adds: “In a context where budgets and projects will be tighter, this alliance with a company of the size and experience of iZen allows us to add top-level creative and production capacity to produce exceptional content both in original and in acquisitions, and thus help- out clients who will benefit by having high quality programming with a significantly lower investment.”.