By Jake Kanter International TV Editor German broadcaster ProSiebenSat.1 has canceled the sale of Love Is Blind and Bosch production group Red Arrow Studios as the world is gripped by the coronavirus crisis.
ProSiebenSat.1 has been exploring a sale of Red Arrow for six months, with All3Media an AMC emerging as two of the most likely buyers as the situation progressed.
ProSiebenSat.1 has, however, always maintained that it might choose to retain ownership of the production group. Now, with coronavirus wreaking havoc on the global economy and TV production schedules, ProSiebenSat.1 has indeed opted to keep hold of its asset, which comprises 20 production companies including Kinetic Content, the studio behind Netflix hit Love Is Blind.
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