According to a press release, the film will be produced by Spain's Escobar Films in coproduction with Bulgaria's B2Y Productions. The film is produced by Miguel Menendez de Zubillaga, Kalina Kottas along with Javier Bardem.

Escobar will tell the true story of the notorious drug kingpin Pablo Escobar, who killed thousands, made billions and struck up an unlikely love affair with his polar opposite, a glamorous television hostess named Virginia Vallejo. Fernando Leon de Aranoa wrote the script based on the book Loving Pablo, Hating Escobar by Virginia Vallejo.  

The creative team includes director of photography Alex Catalan (La Isla minima), production designer Alain Bainee (The Machinist), and costume designer Loles Garcia Galean (Palmeras en la nieve).

Dynamo is handling production services in Colombia, while Nu Image is handling international sales.

Production Information:
B2Y Productions
http://b2yproductions.com/

Credits:
Director: Fernando Leon de Aranoa
Scriptwriter: Fernando Leon de Aranoa, based on the book Loving Pablo, Hating Escobar by Virginia Vallejo
DoP: Alex Catalan
Production Designer: Alain Bainee
Costume Designer: Loles Garcia Galean