Spain to Keep Funding Film and TV Boom Through España Crece

Spain is keeping its screen money flowing.

Spain’s Minister for Digital Transformation and Public Administration, Óscar López, told the San Sebastian Festival that state support for film and television will continue through the España Crece Fund. He spoke on 21 September at the conference titled The New Script of the Audiovisual Industry, according to Variety.

López said €1.6 billion had already been spent under the Spain Audiovisual Hub Plan, the national scheme to attract shoots, build studios and create jobs. He cited figures showing audiovisual production in Spain grew by 31% in 2025. Spain, he said, is now the European Union’s largest production market.

Jobs were at the centre of his message. Employment in the sector rose from 30,900 workers in 2020 to more than 64,000 in 2025, López said. That is more than double in five years. The numbers were presented as the payoff for public spending.

The next tranche leans on private cash unlocked by the state. López said the industry will soon benefit from €450 million in investments mobilised by SETT, the Ministry’s sovereign venture capital fund, meaning a state-backed investor that takes stakes in companies. The companies named include Lazona, Good Films and Aurora Media. No timetable for the payouts was reported.

The festival remarks followed a formal notice. On 20 September, the Ministry for Digital Transformation said the Government will continue the Audiovisual Hub through the España Crece sovereign fund, as announced by López, according to Spain’s Ministry for Digital Transformation.

San Sebastian is also getting direct help. Spain’s Council of Ministers has approved a €500,000 direct grant to strengthen the festival’s industry programme, as reported by Screen Daily. That is the part of the festival where producers, financiers and distributors meet to fund and sell films.

That funding will support the Creative Investors’ Conference and a 2026 Conference on Leading the Audiovisual of the Future, according to Variety. The conferences are industry gatherings, separate from the public premieres and red carpets.

For viewers, this means a steady pipeline of Spanish titles. Four Spanish series seasons and three Spanish films feature in Netflix’s Top 10 biggest non-English hits ever, López said. That is more titles than from any other country.

What makes this stand out is the workforce behind those credits. Each funding decision keeps camera crews, writers’ rooms and post-production teams booked. Without it, stories stall and contracts end.