EXCLUSIVE: Film, television, branded content and digital media company Bow and Arrow Entertainment has launched in Los Angeles under principals Matthew Perniciaro (What We Do Is Secret, Fanboys, A Band Called Death) and Michael Sherman. The new shingle has an internal financing arm and aims to back three to four film and media projects annually, in addition to acquiring and developing material.
Bow and Arrow is poised to fund features in a $1M-$10M range and will be run by Perniciaro, Sherman, and creative executive Laura Stoltz. Stoltz follows Perniciaro to Bow and Arrow from production and management co. Haven Entertainment, which Perniciaro co-founded in 2012. The two companies will continue to collaborate on projects together. Perniciaro and Sherman are currently producing Shangri-La Suite starring Emily Browning, Luke Grimes, Ron Livingston, Avan Jogia, and Ashley Greene and Grass Stains starring Tye Sheridan and Kaitlyn Dever. He and Sherman first worked together on 2013 docu Milius, which Perniciaro EP’ed and Sherman was co-producer on. Their next Bow and Arrow titles will be One and Two, the narrative debut of Sundance Grand Jury Prize-winning director Andrew Droz Palermo (Rich Hill), and an untitled docu from helmer Erica Hill on skateboarding legend Harry Jumonji.