Globo and Telemundo Studios Sign Co-Production Understanding to Expand Premium Scripted Content
In what is a continuous effort to strengthen their international reach and collaborations, Brazilian media powerhouse Globo has signed a understanding (MoU) to develop and co-produce premium scripted content with Telemundo Studios, a division of NBCUniversal Telemundo Enterprises.
Under this new signed understanding, Globo and Telemundo will collaborate on the development and co-production of original films and series to be released as Globoplay Originals in Brazil and across Telemundo's broadcast and streaming platforms in the U.S.
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Currently, titles, formats and production models are still being finalized, but the focus of this new collaboration is to create high-value intellectual property with broad international appeal.
Javier Pons, chief content officer & head of Telemundo Studios, NBCUniversal Telemundo Enterprises, said that this understanding 'marks an important step in expanding our storytelling reach and building a creative bridge between Brazil and the broader Hispanic world.'
The executive added: 'With our unique expertise and ability to produce content that resonates globally, this partnership is going to strengthen our editorial alignment and pave the way for premium scripted projects that connect with audiences across borders.'
Manuel Belmar, Director of Digital Products at Globo, highlighted how this co-production understanding 'reinforces Globo's investment in creating scripted IP that captivates audiences worldwide,' a notion that was put on a global stage recently with Brazil's first Oscar for 'I'm Still Here,' a Globoplay original production.
'By bringing together our strengths, we're confident we can develop compelling stories that not only resonate in Brazil and the U.S. but also expand our international reach at a time when global storytelling is more important than ever,' concluded Belmar.
The understanding is a big new step on a fruitful collaborative relationship, with Globo and Telemundo having a history of co-producing Spanish-language adaptations of iconic Globo telenovelas, including 'Vale Tudo' ('Vale Todo'), 'O Clone' ('El Clon'), and 'Fina Estampa' ('Marido en Alquiler'), as well as series such as 'Amores Roubados' ('Jugar con Fuego').
Powerhouse Globo produces over 11,000 hours of novelas a year, and has successfully established co-production models with international territories, solidifying their expertise in the format while also cultivating key relationships with global partners. Over 3,000 Globo novelas and series have been translated into 70 languages. Currently, Globo also holds partnerships with other major players such as Gaumont, Beta Film, Fremantle, and Disney.
This new deal will see the two giants join forces in this effort, expanding their presence in key markets and shaping the future of international content and collaboration.
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