Red Arrow acquires majority of Orion
January 28, 2016
Red Arrow Entertainment Group has announced the acquisition of a majority stake in US-based production company Orion Entertainment. Founded in 2000 and based in Denver, Orion has grown to become a leading US producer of non-scripted TV and branded entertainment. The acquisition expands Red Arrow’s US production base into areas including outdoor adventure programming, for which Orion is one of the world’s largest producers.
To date, Orion has produced more than 1,000 hours of TV programming for a variety of major US TV and cable networks including HGTV, Discovery, History, DIY, Travel Channel, ESPN, National Geographic and others. Recent productions include “Tiny House Big Living” and “Living Big Sky” for HGTV and “Building Alaska” and “Treehouse Guys” for DIY.
Jan Frouman, CEO of Red Arrow Entertainment Group, says: “Chris and his wife Amy along with minority partner Larry Sletten have built a terrific business and we couldn’t be more pleased about the chance to partner. They are not only uniquely positioned to deliver access to a vibrant target audience, but will also provide us with essential branded entertainment know-how. Through this we enter into a new business area. We are thrilled to call them our partners.”