Rigel Names Ex-Regent Exec as President/COO

LOS ANGELES, September 11: David Macaione, formerly of
Regent Entertainment, has been named president and COO of Rigel Entertainment.

Based in Los Angeles, Macaione will work closely with
Rigel’s founder and CEO, John F.S. Laing, to maximize production, distribution
and sales activities on a global scale.

“David has the knowledge and breadth of experience to
generate additional revenue streams for the company, and to bring it to the
next level in its ever-growing expansion into the television and film arena and
especially network TV production and distribution,” Laing said.

Macaione served as COO of Regent Entertainment. He was
previously EVP of Paxson and SVP and head of programming at The Hallmark
Channel’s former incarnation, the Odyssey Channel.