×

Red Arrow nabs Left/Right

N.Y. shingle expands group's growing U.S. foothold

BERLIN — Red Arrow Entertainment Group continues to expand its U.S. footprint with the majority acquisition of New York-based producer Left/Right.

The independent TV company’s broad production slate includes the Emmy Award-winning TV adaptation “This American Life” for Showtime, VH1’s breakout hit series “Mob Wives,” “Home by Novogratz” for HGTV and AMC’s “Small Town Security.”

Left/Right was founded in 2005 by company co-presidents Banks Tarver and Ken Druckerman, who will continue to head the company following the acquisition.

Red Arrow, the production and international sales division of Munich-based broadcasting group ProSiebenSat.1, said the deal, announced Tuesday, strengthens its production foothold in the world’s largest production market by creating a partnership with an award-winning production company with long-standing relationships to U.S. networks.

In addition, the acquisition “leverages a strong management team with excellent creative and commercial skills, positions Red Arrow as a leading supplier of high-quality factual content to the global market and drives the group’s distribution business by accessing U.S. formats with hit potential,” the company added.

“This is a really significant and exciting step for us,” said Red Arrow managing director Jan Frouman. “Not only have Ken and Banks proven themselves to be a rock-star team, but we are also dramatically expanding our presence in the U.S. The deal has all the elements we prioritize: great people, a key territory, a stellar track record, and a strong group fit.”

To date, Left/Right has produced more than 300 hours of TV programming across a diverse range of genres, from docu-soap, celeb-reality and competition formats to documentary and serious fare.

“We had been looking for an international partner who could help Left/Right with its desire to expand internationally, and we could not have found a better partner than the Red Arrow group,” said Druckerman. “We have been incredibly impressed with their professional approach, and their portfolio of production companies and like-minded producers.”

Tarver added that joining forces with Red Arrow “allows us to globalize our approach to the television marketplace and to develop and produce new ideas and formats from around the world.

“The partnership will strengthen our core unscripted television business, while presenting us with a platform to develop new opportunities in scripted television and other new areas as well.”

Popular on Variety

More TV

  • Bernie Sanders and Elizabeth WarrenSecond 2020

    ABC News Sets Moderators, Rules for Third Democratic Debate

    ABC News has announced the moderators for the third Democratic debate, as well as the qualification rules. The debate will be held on Thursday, Sept. 12, and will spill over to Friday, Sept. 13 if more than 10 candidates qualify. The moderating team will consist of chief anchor George Stephanopoulos, “World News Tonight” anchor and [...]

  • James Corden Paul McCartney Carpool Karaoke

    James Corden Got a Little Help From Paul McCartney on His Drive to the Emmys

    Saying “Baby, I could drive your car” has proven to be a very good strategy for James Corden — never more so than when he put Paul McCartney into the highly sought passenger seat. The primetime special “Carpool Karaoke: When Corden Met McCartney, Live From Liverpool” is a contender in five Emmy categories this year, [...]

  • Starz Logo

    Starz Orders Horror Comedy Pilot 'Shining Vale'

    Starz has put out a pilot order for “Shining Vale,” a horror comedy which hails from “Divorce” creator Sharon Horgan and “Trial & Error” co-creator Jeff Astrof. The prospective series is about a dysfunctional family that moves from the city to a small town into a house in which terrible atrocities have taken place. But no one [...]

  • Bethenny Frankel at the showtime Emmy

    Bethenny Frankel to Exit 'Real Housewives of New York' (EXCLUSIVE)

    Bethenny Frankel is stepping away from the “Real Housewives” franchise. Variety has learned exclusively that Frankel is poised to exit Bravo’s “The Real Housewives of New York” ahead of its upcoming twelfth season. Frankel first joined the acclaimed reality series back when it premiered back in 2008 before exiting the series in 2010 during the [...]

  • Dolly Parton

    BBC Commissions Dolly Parton Feature Documentary

    The BBC has commissioned a feature length documentary about country music legend Dolly Parton, it announced Wednesday. The documentary, tentatively titled “Dolly’s Country” will air on BBC Two this fall as part of a season of programs dedicated to country music. The broadcaster announced earlier in the day that it had acquired Ken Burns’ upcoming [...]

  • UCP to Develop Ann Shen’s 'Bad

    UCP to Develop Ann Shen’s 'Bad Girls Throughout History' as Anthology Series

    Universal Content Productions (UCP) is developing an anthology series based on Ann Shen’s book “Bad Girls Throughout History: 100 Remarkable Women Who Changed the World.” The project will be titled “Bad Girls,” with each episode featuring a different influential woman throughout history, including famous figures like Ada Lovelace, Rosa Parks, Mata Hari, and Ruth Bader [...]

More From Our Brands

Access exclusive content