Madrid Funds Woody Allen Film, 2027 Deadline

The regional government of Madrid will provide €1.5 million ($1.7m) to 89-year-old director Woody Allen to make a new film provisionally titled “Wasp 2026,” on condition it be filmed entirely in the Community of Madrid and include "Madrid" in the title. The publicly posted contract requires at least 15% of outdoor scenes to feature recognisable Madrid locations, ties payments to production milestones and a major festival premiere, and sets a filming completion deadline of Dec. 31, 2027. Officials said the sponsorship aims to boost Madrid’s international image and tourism and praised Allen’s cinematic stature. Allen has struggled to secure large-scale financing elsewhere amid renewed allegations and diminished mainstream backing since 2017, though he has continued to find European partners and has filmed in Spain before. Industry reporting notes the €1.5m will be staggered across milestones and is unlikely to fully fund the picture, making it unclear whether additional backers will be secured or whether the investment will deliver the expected tourism payoff.