The companies have signed a co-production agreement to create films focused on the Mexican audience.
OLA Studios and Canela.TV have signed a co-production agreement to create films focused on the Mexican audience. This agreement adds to Canela.TV’s efforts to offer original content for the Spanish-speaking audience. The agreement will give Canela.TV exclusive use for AVOD, Streaming and FAST, as well as the marketing rights of said titles for open television, PayTV and CTV. OLA Studios retains the rights to YouTube and Facebook.
The agreement was negotiated by Arturo Chavez Managing partner of Delart Distribution on behalf of Alonso Ortiz Lara, owner and founder of OLA Studios and OLA Studios TV, a YouTube channel that has 2.5 million subscribers and with titles that exceed 50 million views. and on behalf of Canela.TV George Lentz, Vice President of Acquisitions & Gachi Ciurluini Vice President of Content Strategy.
Arturo Chavez said: “We are happy to join the Canela.TV family, a fast- growing AVOD platform in the USA and Latin America and committed to bringing relevant content to the Spanish-speaking audience.”
“We are delighted to bring a new slate of original movies to our Canela.TV audience through our co-production agreement with OLA Studios,” commented Gachi Ciurluini, Vice President of Content Strategy for Canela.TV. “We look forward to our relationship with OLA Studios to bring new entertainment options for our Canela.TV audience.”
Alonso Ortiz added: “This agreement will be a win-win for both companies, for our part we will raise the level of production of our films with the support of our partners, and they will bring a wide variety of relevant content to their users.”
