Solution

Run the following:

react-native run-android
react-native start --reset-cache

Description

After creating a project and not changing a single file, I tried to test it on my 4.4.2. device. I got this red screen right on start of the app and after dismissing it, only white screen was shown instead of welcome message that was supposed to be there.

I also got this error on 5.1.1, but the project worked fine on 6.1.1.
Android emulator (for 4.4.2) was also able to display the messages without this redscreen

Edit: On Stack Overflow, user tbo has posted an answer with a workaround. It does work, however it's not ideal as it takes more time http://stackoverflow.com/questions/38870710/error-could-not-get-batchedbridge-make-sure-your-bundle-is-packaged-properly/38874952#38874952