Red Arrow Pacts with STV Productions

CANNES: STV Productions and Red Arrow Entertainment Group have entered into a strategic international partnership for co-investment, co-development and worldwide distribution of new projects.

The agreement, which spans multiple years, will see the two companies working closely to develop new formats for the U.K. and international markets. The new projects to come from the partnership will then be co-produced and piloted on STV's core channel in Scotland before being taken out to the international market.

Red Arrow International will become STV Productions' worldwide distributor for completed programs and formats outside the U.K.

Alan Clements, the director of content for STV Productions, said: "We are hugely excited about the opportunities that this new agreement brings. STV Productions is an extremely ambitious content business and this partnership offers fantastic potential to build on the success of our business in an international market, while working alongside the creative and talented Red Arrow Entertainment Group team to develop brand new ideas for co- production."

Jan Frouman, the group managing director of Red Arrow Entertainment Group, added: "On the back of the existing deal between STV Productions and Kinetic, we have formed an excellent working relationship with Alan and his team. We are thrilled to broaden our partnership across our entire group, and represent STV's content on a worldwide basis."

Chris Coelen, CEO of Kinetic Content, said: "We are thrilled to continue our alliance with STV, and to have them join forces with our partners at Red Arrow is extremely exciting both in terms of scale and creativity."