Movistar+ Evolves Its Theatrical Feature Division

No company has a more powerful spread of productions at this year’s San Sebastian Festival than Telefónica’s domestic platform and super-producer Movistar Plus+. The group brings a festival competition movie, “I’m Nevenka,” a premium drama series, “Querer,” a broad audience thriller series, “Celeste” and “Mugaritz,” a documentary feature about Spain’s most cerebral restaurant.

The diverse projects underscore Movistar Plus+’s muscular new content initiatives as the company drives ever more into nonfiction, emerging as Spain’s leader, and launching its first movie slate in January. Spain’s biggest national investor isn’t pulling out of content; in fact, it’s diving into deeper.

For nearly a decade, Movistar Plus+ has both increased the amount of content it produces and diversified the kinds of productions it backs. During the early…

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