Red Arrow Entertainment Group acquires majority interest in New York based producer "Left/Right"

Munich (ots) -

. Strengthens the Group's production foothold in the world's
largest production market
. Partners the Group with an award-winning production company with
long-standing relationships to US networks
. Leverages a strong management team with excellent creative and
commercial skills
. Positions Red Arrow as a leading supplier of high-quality
factual content to the global market
. Drives Red Arrow's distribution business by accessing US formats
with hit potential

Red Arrow Entertainment Group today announced the acquisition of a
majority shareholding in Left/Right, a multi award-winning
independent TV production company. Founded in 2005 by Banks Tarver
and Ken Druckerman, Left/Right has grown to become one of the most
successful production companies on the East Coast. To date,
Left/Right has produced over 300 hours of TV programming across a
diverse range of genres, from docu-soap to documentary, competition
to celeb-reality, serious fare to seriously funny, and everything in
between. The company's broad production slate ranges from three-time
Emmy Award-winning TV adaptation "This American Life" for Showtime,
to breakout hit series "Mob Wives" for VH1, to "Home By Novogratz"
for HGTV, to "Small Town Security" for AMC.

Banks Tarver and Ken Druckerman, who will continue to lead the
company going forward, have spent numerous years in factual and
reality TV production. Banks developed and oversaw the hit factual
series "True Life" for MTV and supervised and produced many of MTV's
pro-social documentaries while on staff at MTV. Ken worked on
critically acclaimed factual series and feature documentaries such as
"Frontline" (PBS), while also producing and directing reality shows
for networks such as A&E and Discovery. The partners first came
together while working as freelance showrunners on the hit series
"Growing Up Gotti," (A&E), and started Left/Right soon thereafter.
Seven years and hundreds of hours of television later, the partners
can point with pride to a diverse client base and a ridiculously
eclectic mix of projects that gives meaning to the name: the
company's projects span the creative spectrum from Left...to Right.

Ken and Banks are supported by a strong management team, including
SVP and Head of Production Kevin Vargas (who has been with the
company since its inception), SVP and Head of Development Anneka
Jones (previously with MTV's News & Docs division), SVP and Head of
Current Production Nina Diaz (show runner on "Mob Wives" and creator
of hit series such as "My Super Sweet 16" and "Cribs"), and Head of
Post Production, Mike Mezaros (who handles all aspects of the
company's advanced editorial workflow).

Jan Frouman, Group Managing Director of Red Arrow, said: "This is
a really significant and exciting step for us. Not only have Ken and
Banks proven themselves to be a 'rock-star' team - but we are also
dramatically expanding our presence in the US. The deal has all the
elements we prioritize: great people, a key territory, a stellar
track record, and a strong group fit."

Ken Druckerman, Founder & Co-President of Left/Right, added: "We
had been looking for an international partner who could help
Left/Right with its desire to expand internationally, and we could
not have found a better partner than the Red Arrow group. We have
been incredibly impressed with their professional approach, and their
portfolio of production companies and like-minded producers."

Banks Tarver, Founder & Co-President of Left/Right, says "We are
thrilled to join forces with Red Arrow, as it allows us to
'globalize' our approach to the television marketplace, and to
develop and produce new ideas and formats from around the world. The
partnership will strengthen our core unscripted television business,
while presenting us with a platform to develop new opportunities in
scripted television and other new areas as well."

Left/Right was advised by About Corporate Finance, specialist
investment bank advisors to the TV production industry.

About Red Arrow Entertainment Group

Launched in January 2010 as a ProSiebenSat.1 Group company, Red
Arrow Entertainment Group comprises 18 dynamic TV production
companies across 9 countries, powerful global creative partnerships,
including Dick de Rijk ("You Deserve It"; "Deal or No Deal"), and
leading program distribution house, Red Arrow International.

Boasting a broad and diverse content portfolio covering, among
others, entertainment, reality, factual, scripted series, TV movies,
telenovelas, and magazines, Red Arrow has created and produced more
than 50 formats and sold programs into more than 130 countries,
including "Off Their Rockers" (NBC), "You Deserve It" and "The Taste"
(ABC), "My Man Can" (Sat.1, ITV, Jiangsu Satellite), "Body & Brain"
(Mediaset), "Danni Lowinski" (VTM, The CW), "League of Their Own"
(Sky), "Mr&Mrs" (ITV).

For more information about Red Arrow Entertainment Group, please
visit: www.redarrow.tv

About Left/Right

Left/Right is an award-winning producer of unscripted television
programming. We create television and film projects are both honest
and surprising, revealing and entertaining, dramatic and cinematic.
We do so by blending the conventions of documentary filmmaking with
the look and feel of scripted television. Our talents and tastes are
as diverse as our production slate: past and present series range
from "This American Life," the Emmy Award- winning television
adaptation of the popular public radio show (for Showtime)...to "Mob
Wives," the breakout hit series for VH1 about a group of women who
are married to the mob...to "Small Town Security" (AMC), a real-life
series about some of the unreal characters whom you've ever met...to
"Home By Novogratz," the highly-rated HGTV series that focuses on a
New York family's wildly creative and totally original home designs.
In addition to television series, the company's documentary unit
produces specials and feature documentaries for networks such as
Discovery, History, PBS, and many others. In only six years,
Left/Right series have been nominated for 12 prime time Emmy Awards
and have won multiple awards, including the Emmy for Best Nonfiction
Series. Our clients include leading television networks such as A&E,
AMC, Bravo, Lifetime, VH1, HGTV, History, Animal Planet, Spike,
Style, Showtime, and many others. Ken Druckerman and Banks Tarver
are the co-founders and co- presidents of the company, which is based
in New York City.

For further information about Left/Right, please visit:
www.leftright.tv

Pressekontakt:
Stefanie Prinz
Corporate Communications

ProSiebenSat.1 Media AG
Medienallee 7
D-85774 Unterföhring
Tel. +49 (89) 9507 1199
Facsimile +49 (89) 9507 91199
Stefanie.Prinz@ProSiebenSat1.com