Red Arrow and Smuggler Launch Cove Pictures, Partner with Bond Shingle Eon

Brian Carmody and Patrick Milling-Smith

Heather Rabbatts will head up the new joint venture, which will produce high-end TV drama and comedies.

Germany's Red Arrow and Patrick Milling Smith and Brian Carmody's British production and talent company Smuggler have founded a new joint venture, Cove Pictures, to produce high-end drama and comedy series for the international market.

Cove has set up a creative alliance with Michael G. Wilson and Barbara Broccoli's Eon Productions, makers of the James Bond movies, to develop a number of series. Red Arrow will hold a minority stake in Cove and will handle international sales for the company's series.

Red Arrow, which owns or has stakes in 15 production companies across six countries, is controlled by German broadcaster ProSiebenSat.1. Heather Rabbatts will run Cove Pictures as managing director.

Alongside the Bond franchise, Eon has also co-produced and co-financed Broadway and West End shows including Chariots of Fire, A Steady Rain and Chitty Chitty Bang Bang. Broccoli and Wilson are currently exec producing the independent feature A Silent Storm, which stars Damian Lewis and Andrea Riseborough.

Milling Smith and Carmody are currently working on a feature film remake of classic war film Wild Geese, which Oscar-winning writer William Monahan (The Departed) is writing, and Becket, a look at the 12th century Archbishop of Canterbury, which Monahan will adapt for Michael Mann to direct. Milling Smith is also currently producing an adaptation of Robert Evans’ Hollywood memoir The Kid Stays In The Picture.