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Madrid Backs Woody Allen’s Next Film With €1.5 Million on Condition Title Includes ‘Madrid

A publicly posted contract conditions the subsidy on prominent Madrid placement and a major‑festival world premiere requirement.

Overview

  • The Community of Madrid signed a sponsorship deal with Película WASP AIE, a Gravier Production–Wanda Vision joint venture, for a project provisionally titled WASP 2026.
  • The agreement requires the final title to contain the word “Madrid” and calls for the film to showcase recognisable locations, with at least 15% of footage shot in the region.
  • Payments are split into three instalments through 2027 and hinge on milestones, including an official announcement, the start of filming, and a world premiere at a top festival such as the Berlinale.
  • Officials describe the investment as a tourism-promotion strategy, citing the global visibility of Allen’s films and the potential to boost the region’s profile.
  • No plot or cast have been announced, the €1.5 million does not cover full financing, and additional backers and talent attachments remain to be secured.