Red Arrow & New York Television Festival Strengthen Ties

MUNICH/NEW YORK: Red Arrow Entertainment Group is boosting its alliance with the New York Television Festival (NYTVF), providing additional development and production opportunities for two new comedy projects from independent creators selected during the festival.

Two of Red Arrow’s U.S.-based production companies have been enlisted to support the projects and shepherd the creators through the process. The subsidiary Left/Right will be charged with selecting a pilot/producer from this year’s Independent Pilot Competition, with a prize of $10,000 awarded to jointly develop the idea for television. Additionally, Fabrik Entertainment will offer a guaranteed deal to at least one writer having submitted a comedy script to the competition.

Michael Schmidt, the CCO of Red Arrow Entertainment Group, said: “We are extremely pleased to expand our partnership with the NYTVF, one of the most prestigious independent TV festivals, and to offer development and production opportunities to ambitious creative talents. We recently established a corporate presence in New York aiming to facilitate new partnerships with U.S. creatives. Red Arrow is continually looking at options how we can welcome new partners, and this partnership perfectly fits our objectives. The U.S. is full of incredibly talented creators and we are very happy to engage with them in the context of the NYTVF.”

Terence Gray, NYTVF’s founder, added: “The commitment from Red Arrow to develop two projects coming out of this year’s Festival represents a truly remarkable opportunity for independent creators to work with some of the best development and production executives in the business at Left/Right and Fabrik. We are absolutely thrilled and honored to be expanding our longtime partnership with Red Arrow, and in a year during which Festival alumni projects have gained traction at networks across the spectrum, including HBO and NBC, this is an important and dynamic next step in furthering the idea of independent TV and the role the NYTVF plays in the identification and fostering of new talent.”