People/Biz

Newen takes majority stake in Spanish prodco group iZen

Newen has taken a majority stake in another European production outfit, with Spanish production group iZen joining the Paris-headquartered media company’s roster. The Spanish company has several prodcos under its umbrella, including ...
April 27, 2021

Newen has taken a majority stake in another European production outfit, with Spanish production group iZen joining the Paris-headquartered media company’s roster.

The Spanish company has several prodcos under its umbrella, including Zebra Producciones, Europroducciones TV, Boca a Boca, Proima, Newco and Hill Valley. The group is responsible for some 1,400 hours of content for national and regional channels as well as streamers, and is known for drama production as well as unscripted content, such as the Netflix series Insiders.

The group has also expanded into the UK through partnerships with UK indies including Scottish outfit Storyboard.

“The arrival of iZen in the Newen group marks a major step in our development,” said Newen managing director Romain Bessi (pictured) in a statement. “These new talents will strengthen the group’s creativity. It is a pleasure to work with Jose [Velasco, partner in iZen], Sara [Fernández-Velasco, also a partner] and their teams, whom we know well from previous collaborations. Newen is present in all genres and in many more territories to come. With this acquisition, we are now one of the major European players in production and distribution.”

About The Author
Jillian Morgan is a special reports editor at realscreen with a background in journalism and digital marketing. She joined the publication in 2019 after serving as the assistant editor to trade publications HPAC and On-Site. With a bachelor of journalism from the University of King's College in Halifax, she also works as a freelance writer and fact-checker.

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