Red Arrow takes Majority Stake in Karga Seven
November 11, 2015
Red Arrow Entertainment Group has acquired a majority stake in Karga Seven Pictures, a television production company based in Los Angeles. Karga also benefits from strong ties to the Turkish TV market and has offices in Istanbul.
Founded in 2008, Karga has established itself as a leading creator and producer of factual entertainment, producing both non-scripted and scripted programmes. Since launch, Karga Seven has produced more than 300 hours of programming and has enjoyed success working with a wide selection of US cable outlets, including Travel Channel, Discovery Channel, Science Channel and History Channel. As part of the transaction, Karga Seven has entered into a worldwide distribution deal with Red Arrow’s sales arm, Red Arrow International.
Sarah Wetherbee, Executive Producers Karga Seven Pictures, added: “Since we started Karga Seven out of a tiny basement apartment in 2008, we’ve stayed true to three core principles: always have a strong point of view; take risks; and seek out and collaborate with the most talented, passionate people you can find. Those beliefs were integral in our decision to partner with Red Arrow. In Jan and his team, we immediately recognized kindred spirits who shared a similar vision, creatively and for the future. Red Arrow’s track record speaks for itself. Their global reach will play a key role in us expanding our scripted and unscripted footprint across various platforms. We’re beyond excited to be part of the team.”