Peter Chernin has launched The North Road Company, a global content studio that will bring together Chernin Entertainment, the U.S. assets of Red Arrow Studios, which includes Love Is Blind produce…
The move comes as the former Fox chief paid $180M for Red Arrow’s U.S.
The bosses of the former Red Arrow companies including Chris Coelen, who runs Kinetic Content and is understood to have signed a new deal, Ken Druckerman and Banks Tarver, who run Left/Right, Stephanie & Rasha Drachkovitch, who run 44 Blue, Dirk Hoogstra, who leads Half Yard and Dorsey Pictures founder Chris Dorsey will also continue to lead their production businesses.
The new company’s expansion – North Road is believed to be valued north of a billion dollars with around 70 shows in production – will be aided by two separate funding pots.
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