AMC STUDIOS AND MOVISTAR+ ANNOUNCE FIRST-EVER PARTNERSHIP FOR NEW ORIGINAL SERIES FROM ACADEMY AWARD(R) WINNER ALEJANDRO AMENÁBAR

Series to Premiere in 2021 on AMC in the U.S., Canada, U.K., Latin America and the Caribbean & Movistar+ in Spain

New York, NY - 16 July 2020 - AMC Studios and Movistar+, the pay TV division of Spain's Telefonica, announced today a first-ever partnership for a new original series from Academy Award(R) winner Alejandro Amenábar (The Others, The Sea Inside) who will make his TV directorial debut directing all six episodes. The six-part adventure thriller with an international cast is co-written by Amenábar and Alejandro Hernandez and is inspired by the popular Spanish graphic novel "El Tesoro del Cisne Negro" ("The Treasure of the Black Swan") by Paco Roca and Guillermo Corral. The series will premiere in 2021 on AMC in the United States, Canada, the United Kingdom, Latin America and the Caribbean as well as Movistar+ in Spain.

"This project is uniquely a Spanish/American story inspired by real life events that at times seem more unbelievable than fiction - replete with courtroom drama, international intrigue, and even the largest recovered sunken treasure in history," said Ed Carroll, Chief Operating Officer at AMC Networks. "We are pleased to be partnering with Movistar+ on this dramatization, and to be working with the incredible talent attached, especially Alejandro Amenábar, on this global, high-stakes adventure."

"We are very happy and excited to be working alongside AMC Studios on a project which had major international ambitions right from the outset," commented Segio Oslé, President of Movistar+. "This agreement is a highly relevant landmark not only for Movistar+ but also for the Spanish audiovisual industry. We are aligning ourselves with one of the greatest producers of quality fiction on a global scale with whom we share the desire to enhance our stories and distribute them to the highest possible number of territories."

AMC Studios and Movistar+ will produce the series in collaboration with MOD Pictures. Filming will begin this summer.

Synopsis of the series

Alex Ventura, a young and inexperienced diplomat, unintentionally becomes the leader of a mission that will test all his convictions: to recover the sunken treasure stolen by Frank Wild, an adventurer who travels the world plundering items of common heritage from the depths of the sea. Forming a unique team with Lucía, a combative public official, and Jonas Pierce, a brilliant American lawyer passionate about old pirate tales, Alex sets out on the adventure of a lifetime, discovering the importance of love, friendship and commitment to one's beliefs.

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ABOUT AMC STUDIOS

AMC Studios is the in-house studio, production and distribution operation for AMC Networks Inc. AMC Studios' first series, The Walking Dead, is the highest-rated series in cable history. Since then, AMC Studios has produced several critically acclaimed, award-winning and culturally distinctive originals for AMC including scripted series Fear the Walking Dead, The Terror anthology, Lodge 49, NOS4A2, Dispatches From Elsewhere, and the upcoming Soulmates, 61st Street and Kevin Can F**k Himself, as well as unscripted series: Ride with Norman Reedus, James Cameron's Story Of Science Fiction, Eli Roth's History of Horror and Hip Hop: The Songs that Shook America. The Studio has also produced for SundanceTV the Peabody Award-winning Rectify, original series Hap and Leonard, as well as the unscripted true crime franchise including Cold Blooded: The Clutter Family Murders and The Preppy Murder: Death in Central Park.

ABOUT MOVISTAR+ (TELEFONICA)

Movistar+ is the leading provider of audiovisual entertainment in Spain. A Telefonica company, it offers viewers the very best premium content in Sports, Movies, Series, Documentaries and Entertainment. Movistar + continues to incorporate the best product and functionalities into its offer, and to expand its broad catalogue of content - all available on demand, allowing customers to enjoy TV on all devices, wherever and whenever they want. Quality television available for more than 4 million subscribing homes.

In September 2017, Movistar+ launched its original series production strategy, premiering a new fiction every month ('The Plague', 'Look What You've Done ', ' The Day of Tomorrow ', 'Giants', 'Madrid on Fire', 'The Pier', 'Hierro', 'Perfect Life', 'The Invisible Line', 'La Unidad', among others). In 2019, Movistar+ released its first original fiction film, "While at War", by Alejandro Amenábar. A content proposal that joins #0, a Movistar+ exclusive entertainment channel with original production, TV reports, large international formats, documentaries, series and comedy.