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ProSiebenSat.1 Merges Studio71 With Its ‘Red Arrow’ Global Production Group

ProSiebenSat.1, the German media conglomerate, is merging its Studio71 multi-channel network division with Red Arrow Entertainment Group -- an arm of ProSieben that comprises 21 different production companies (in eight countries), as well as two global distribution firms. The new unit will be called Red Arrow Studios, and will seek to integrate digital content into traditional production and international distribution operations, Realscreen reports.
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