Raleigh Studios Appoints Vice President of Business Development

Hollywood, CA, April 19, 2011 – Raleigh Studios is pleased to announce that Britt Penrod has been appointed VP of Business Development, reporting directly to Raleigh Studios/Entertainment President Michael Moore. Penrod is tasked with ensuring the goals and objectives of the company are met as the company expands, while maintaining Raleigh's brand integrity.

Penrod will further Raleigh's expansion by identifying and analyzing business and studio development opportunities throughout the world, performing site specific market analysis, financial forecasting, managing the start up process of newly developed projects and regularly visiting Raleigh managed properties to ensure facilities are maintaining the expected level of quality and service.

"Britt has proven to be a strong administrator over the years. His unique blend of experience makes him well suited for this expanded role" said Michael Moore, President of Raleigh Studios.

Penrod was previously Director of Business Development, contributing to the development of Raleigh Studios Previous roles also included supporting the development of Raleigh's studio services and production partners, negotiating and, or, maintaining entertainment industry business agreements with service providers in Southern California. Britt has been with Raleigh for 11 years.

About Raleigh Studios:

With over 2.5 million square feet of sound stage, office and support space, the Raleigh Entertainment companies; Raleigh Studios, Raleigh Film, Hollywood Rentals, Olesen Lighting, and ESS, comprise the largest independent studio and production support operation in the United States. Raleigh Studios has locations in Hollywood, Playa Vista, and Atlanta.

For additional information visit www.raleighstudios.com

Raleigh Studios contact:

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