Authorities in the Spanish region of Valencia failed on Julu 27 to find a buyer for a film studio touted as the most modern in Europe but which was forced to close after being ordered to repay state aid.
Reuters: Spanish film studio hit by state aid probe fails to find buyer
The Ciudad de la Luz complex attracted only one bid at an auction, which failed to meet the minimum conditions for a sale, chief press spokesman for the Valencia regional government, Joaquim Clemente, said on his Twitter feed.
