Red Arrow Buys Fuse, Maker of 'The Killing,' 'Burn Notice'
COLOGNE, Germany - Red Arrow Entertainment, the international production group backed by German channel conglomerate ProSiebenSat.1, has taken a majority stake in American production house Fuse, the operation behind Emmy-nominated series The Killing and Burn Notice and Fox's The Good Guys. The deal follows Red Arrow's acquisition of 51 percent of Chris Coelen's unscripted production group Kinetic Content last year. Kinetic is currently in production on altruistic game show You Deserve It! for ABC.
Fuse's close ties with Fox Television Studios - FTVS and Fuse co-produce The Good Guys and The Killing through their first-look arangement - means Red Arrow will have a direct line to Fox, something the European-backed group has been vying for as it looks to adapt more international formats for the U.S.
"It's a nice link with our general output deals with Fox for our European channels," said Jens Richter, co-MD of Red Arrow.
The Fuse deal will see company founder, Danish-born Mikkel Bondesen, stay on as head of the operation but he will be joined by another Scandinavian, Swedish producer Henrik Bastin, an exec producer on ABC's My Generation and A+E's Happy Hearts, who will become a partner and CEO at Fuse. Kristen Campo, Fuse vp of production and development and the producer of The Killing, will also become a partner in the company.
Bondesen founded Fuse in 2005 and has delivered a series of hit dramas, first with USA Network's spy-on-the-run actioner Burn Notice and then with The Killing on AMC, adapted from the popular Danish series, and The Good Guys on Fox.
"We have both been looking for a way to further our passion for working with the U.S. and Scandinavia, so it was a slam dunk when we had this extraordinary opportunity to join forces with Red Arrow," Bondesen and Bastin said in a statement.
Red Arrow launched in January 2011 and has been rapidly expanding ever since, gobbling up companies as it goes. It now comprises a dozen firms across eight territories including Britain's The Mob Film Co., Benelux operation Sultan Sushi, Snowman Productions in Scandinavia and Producers At Work in Germany. Red Arrow also has a co-production agreement with Granada Media Australia and partnerships with format producers Genetic Entertainment, The Gurin Company, Omri Marcus in Israel and Deal or No Deal and You Deserve It! producer Dick de Rijk in the Netherlands.