Thursday, January 8, 2009

Reelz Channel Coming to New Mexico

By Paul J. Gough

Jan 7, 2009, 03:43 PM ET

NEW YORK -- Movie-focused digital cable ReelzChannel is pulling the bulk of its operations out of Los Angeles and Minneapolis and moving to Albuquerque, N.M.

It is uncertain how many of the 2-year-old channel's roughly 200 full- and part-time employees will make the move, though most if not all will get the opportunity to apply for about 100 jobs at the new facility. An affiliate-relations unit will remain in Minneapolis for now.

Three top executives -- president and COO Gary Thorne, executive vp and GM Terry O'Reilly and executive vp finance and administration Bernie Weiss -- already have said they won't move. Other executives have committed, including chairman and CEO Stan Hubbard, who will oversee all aspects of the operation.

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