Robert Halmi Jr Out At RHI; Robert Sr Staying Put With Long-Term Deal

The made-for-TV movie and miniseries production business that Robert Halmi Jr ran at RHI Entertainment became a Perils of Pauline story as reality TV filled much of the time that used to be devoted to family shows such as Lonesome Dove. Halmi sold RHI to Hallmark in 1994 and bought it back in 2006. But he took on too much debt. RHI filed for bankruptcy protection late last year, and emerged from that process in March. RHI continues to produce shows for Hallmark and Syfy.

NEW YORK, July 6, 2011 — The Board of Directors of RHI Entertainment today announced it has accepted the resignation of Robert Halmi, Jr. as President and Chief Executive Officer. Company founder Robert Halmi, Sr. is remaining with RHI under a long-term production agreement and will continue to produce his signature event miniseries. The announcement comes shortly after RHI’s successful reorganization and recapitalization earlier this year.

“RHI is in the strongest financial and operational position it has been in years to expand its production and distribution activities,” said Gabriel de Alba, Chairman of the Board of Directors. “We greatly appreciate Robi’s enormous contributions and plan to substantially build on them as we take the company to the next level.”

“RHI is very near and dear to me,” said Halmi, Jr. “I’m gratified to have been able to see it through a successful reorganization and put it on a path to thrive for years to come.”

The Board of Directors has also accepted the resignation of Peter von Gal as Chief Operating Officer.

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