Said Spain Film Commission's Juan Manuel Guimeráns: ‘If the U.S. introduces a federal tax credit, I expect production there to grow. I don’t think that’s necessarily negative for other territories. If production in the U.S. increases, labor and other costs may rise, which could still push some production elsewhere’
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(l-r) Marta Moretto, Olsberg SPI; Kayleigh Hughes, Olsberg SPI; Jesus Cambra, Pablo de Olavide University; Xiomara Garcia, Film Madrid Region; Rodrigo Diaz, SEDIA; Juan Manuel Guimeráns, Spain Film Commission Courtesy of Spain Film Commission Spain’s audiovisual sector is continuing to expand, with production spend expected to reach €5.68 billion ($6.6 billion) in 2025, up 45% from 2022, according to a new study by U.K.-based consultancy Olsberg SPI, commissioned by the Spain Film Commission.
At a presentation held at the San Sebastian Festival, Kayleigh Hughes of Olsberg SPI said the study expands on the consultancy’s 2024 analysis of incentivized international production, taking a broader look at Spain’s audiovisual production sector from 2023-25.
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