Womack Studios has announced the launch of Mira Entertainment Capital, a new investment fund with a total of €252 million, aimed at financing projects and companies in the audiovisual sector that are in advanced stages of development, with a particular focus on Spain and Latin America.
The fund’s financing will be structured as follows: €150 million for direct investment in audiovisual companies and productions, €72 million linked to tax‑incentive investments, and €30 million channelled through various alternative financing vehicles. Mira Entertainment is designed as a financial platform that supports projects with a defined creative, legal, and production foundation, providing structured financing for the development of productions or companies, as well as for advanced innovation companies with high added value and international expansion potential.
“Mira Entertainment was created in response to a real need in the sector: to provide capital to solid projects with clear structures and market orientation that need to take the next step to become reality,” said José Carlos Conde, founder of Womack Studios.
The fund is currently finalizing a framework agreement with a venture capital fund manager and venture capital firms, which will expand its investment and co‑investment capacity in the Spanish‑speaking market. The strategy will focus on equity investments and participation in specialized sector companies, as well as in SPVs created specifically for audiovisual productions.
Among the fund’s first agreements is a collaboration with Punta Fina, a company dedicated to the development and creative supervision of scripts for film and television in Latin America. Through this partnership, a €40 million fund has been created to produce series, telenovelas, and fiction films for the Latin American market and the U.S. Hispanic audience. The agreement includes a project pipeline worth €104 million over the next four years, with productions in Mexico, Colombia, and Argentina, as well as shoots in Spain and Latin America. This structure will allow projects to be developed with secured financing from early stages, co‑producing with major players and contributing both talent and capital.
Womack Studios is a production company composed of directors, writers, and producers with experience in advertising, film, and television, currently managing more than 60 projects. Recent productions include Bajañí, the upcoming film by Fernando Trueba; Olivia, a new series for Disney+ starring Pablo Chiapella, Nancho Novo, and Kira Miró; and the fourth season of Acoustic Home, a music series developed with Sony, set to premiere this spring on HBO.
The group has strengthened its growth through the acquisition of Happy Ending TV (now Happy Contents), the historic Lolita Films, and the Canarian production company Kino Pravda, as well as the launch of Seed Of Memory, an animation studio focused on science and health. In addition, it has reinforced its structure through strategic partnerships: with Nadine Luque at Golden Arrow and with editor Luis de La Madrid to launch Candela, post-production studios in the Canary Islands. Womack Studios also organizes the South International Series Festival and the new Premios Anillos de Oro.
With Mira Entertainment Capital, Womack Studios aims to structure and channel private investment into companies and content with industrial and commercial potential, consolidating its position as one of the main drivers of the audiovisual sector in Spain and Latin America