Mexico's Televisa and Sony Ink Co-Production Deal

First-look agreement unites two key Spanish-language TV players.

Mexico City -- Televisa and Sony Pictures Television have signed a first-look co-production deal for scripted and unscripted formats, including the Mexican media giant's popular telenovelas.  

Under the agreement, SPT gets first look at all of Televisa's formats for co-production worldwide, with the exception of the U.S. and Latin America. In turn, Teleivsa has first look at SPT's scripted formats for possible co-productions in Spain.

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Televisa is looking to boost production in Spain. It recently took a 14.5 percent stake in Imagina, a leading Spanish-lingo media outfit.

Sony Pictures Television International produced the series Los Simuladores (The Pretenders) for Televisa in 2008. It marked the first time SPTI had done a scripted program for Mexico's top network.

Monday's announcement came out of Miami at the annual NATPE event.