Red Arrow opens Corporate Office in New York
Munich, April 2, 2015. Red Arrow has opened a
corporate office in New York City. The office is being led by
Michael Schmidt, Chief Creative Officer (CCO) of the Group. He is
joined by Raimo Reese, Red Arrow's Senior Vice President Finance
US. The Group's investment in the new location reflects the rapidly
growing importance of the US market for Red Arrow. At present, Red
Arrow has five companies in the territory (Fabrik Entertainment,
Kinetic Content, Nerd TV, Left/Right, Half Yard Productions) and is
active in both scripted and non-scripted production.
Jan Frouman, CEO of Red Arrow Entertainment Group, says:
"Establishing a corporate presence in the US is a logical next step
for us. It allows us to further strengthen the link between our
European and US companies, and facilitate new partnerships with US
creatives. Michael and Raimo are outstanding and proven executives
who will give us better market coverage and enjoy life without
constant jet-lag - something that makes me quite jealous."
In addition to his relocation to the US, Michael Schmidt has
been appointed to the Management Board of the international Format
Recognition and Protection Association (FRAPA) as a General Board
Member. As an independent, non-profit association, FRAPA's key
mission is to further enhance the possibilities of format
protection.
Michael Schmidt, CCO Red Arrow Entertainment Group, says: "Raimo
and I are excited to help driving Red Arrow's growth in the US even
further. It's a privilege to work with such a great group of
producers and creators and I am ultimately curious to see where we
take our baby in the next years. When FRAPA Co-Chairs Phil Gurin
and Jan Salling cautiously asked whether I would be willing to join
FRAPA as a board member, I immediately said yes. Our business is
changing at a rapid pace and with the legal framework still on
shaky grounds, the format industry needs to have a strong voice to
be heard. I am proud to have been asked to join the choir and chime
in with so many respected and esteemed colleagues."
Red Arrow Entertainment Group
Red Arrow Entertainment Group incorporates global distributor Red
Arrow International as well as 13 TV production companies spanning
across seven countries, the multi-channel network Collective
Digital Studios (Los Angeles), and creative partnerships and joint
ventures with STV Productions (UK), Screenz (Israel), Sync Media
(Dubai) and United Artists Media Group (Mark Burnett / Hearst). Red
Arrow Entertainment Group is part of ProSiebenSat.1 Media AG, one
of Europe's leading media groups.
For more information about Red Arrow Entertainment Group, please
visit: www.redarrow.tv
Contact: ProSiebenSat.1 Group
Susanne Brieu
Medienallee 7
D-85774 Unterföhring
Phone +49 [89] 95 07-1137
Fax +49 [89] 95 07-91137
Email: Susanne.Brieu@ProSiebenSat1.com