LA-based, Red Arrow Studios-owned Studio71 has promoted its COO Adam Boorstin and CRO Matt Crowley to co-CEOs of the company. The two will start their new positions on 1 November, with current CEO and co-founder Reza Izad to become chairman. Boorstin joined the company in 2015 with the goal of expanding Studio71’s business beyond YouTube. […]
Red Arrow Studios-owned Studio71 has hired former Fulwell73 exec Joe Varley as its director of development in the UK. He will lead the expansion of Studio71 UK’s development slate across comedy entertainment, factual and scripted comedy, reporting to Jody Smith, Studio71 UK VP & creative director. Varley has previously held development executive roles at Drop […]
ProSiebenSat.1 is understood to be considering its options around the future of Red Arrow Studios, with the sale of the production and distribution division now postponed until the first quarter of next year. Sources close to the discussions have told TBI that US-based AMC and All3Media are the final contenders for Red Arrow, but the […]
A+E Networks UK has commissioned Studio71, a Red Arrow Studios company, to produce Forged in Steele with YouTube personality Alex Steele. Forged with Steele follows the YouTube star, and blacksmithing enthusiast, as he recreates an array of historic weaponry in his Norwich forge. The title will be placed on A+E Networks UK’s flagship channel History […]
ProSiebenSat.1 Media is to reorganise its business into three pillars encompassing entertainment, content production and global sales, and commerce respectively. The German broadcaster, which held its capital markets day yesterday, said over 50% of its revenues now come from outside the traditional TV advertising business. Key to the reorganisation is the combination of linear TV […]
TF1 digital chief Nicolas Capuron has been named as CEO of Studio71 France, while Stéphane Bourgouin has been named as chief content officer of the multichannel network. Completing the management team at the MCN, which came out of the wide-ranging alliance forged between French commercial broadcaster TF1 and Germany’s ProSiebenSat.1, Virginie Maire has been named […]
Multichannel operator Studio71 has expanded its UK business by hiring a local managing director and had added a US-based scripted chief. Former StyleHaul executive James Stafford will lead a new UK-based studio as MD, while Broken Road Productions’ Jeremy Stein is joining as senior VP of scripted content. Part of Stafford’s duties will be working […]
Multichannel network (MCN) Studio71 is to launch in France in September. The move follows the deal signed in January this year between Studio71’s owner ProSiebenSat.1, leading French broadcaster TF1 and Italy’s Mediaset to collaborate in developing MCNs. TF1 said the French version of Studio71 would lean heavily on the programming inventory of Finder Studios, the […]
ProSiebenSat.1 Group-backed multichannel network Studio71 has named a new management team to take over from founders Sebastian Weil and Ronald Horstman, with US chief Reza Izad (pictured) to become global CEO. Weil and Horstman are leaving the company at their own request at the end of June. Sebastian Romanus will join the company as joint […]
US-based channel operator ZoneTV has acquired a 1,500-hour package of programming from ProSiebenSat.1-backed MCN Studio71. ZoneTV aggregates web series and content and repackages them for its service for traditional pay TV platforms. It has deals with AT&T, Comcast and DirecTV and is run by Jeff Weber, who was previously in charge AT&T’s U-Verse IPTV service. […]
