Item 7.01 Regulation FD Disclosure.
As disclosed in our Form 10-Q filing for the quarter ended September 30, 2008, we are closely managing our operations and costs. As part of that effort, we have begun to implement a workforce reduction and certain other cost-saving measures with a goal of reducing our selling, general and administrative expense for fiscal 2009 by approximately 20%.
This Current Report on Form 8-K includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe," "estimate," "expect," "intend," "anticipate," "goals," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. The forward-looking statements in this release include statements regarding RHI Entertainment, Inc.'s anticipated growth, future operating results and ability to secure additional capital and liquidity. Forward-looking statements are not guarantees of future performance and actual results may vary materially from the results expressed or implied in such statements. Differences may result from actions taken by RHI Entertainment, Inc., as well as from risks and uncertainties beyond RHI Entertainment, Inc.'s control. Such risks and uncertainties include, but are not limited to, the termination, non-renewal or renegotiation on materially adverse terms of our contracts with our significant customers and distributors, receipt of payment for license fees from our customers and distributors, the ability to attract new customers, penetrate new markets and distribution channels and react to changing consumer demands, the ability to achieve the strategic and financial objectives for our entry into or expansion of new distribution platforms, the ability to adequately protect our intellectual property, and general economic conditions. The foregoing list of risks and uncertainties is illustrative, but by no means exhaustive. For more information on factors that may affect future performance, please review "Risk Factors" described in RHI Entertainment, Inc.'s prospectus dated June 17, 2008 and the Company's other public filings with the Securities and Exchange Commission. These forward-looking statements reflect RHI Entertainment, Inc.'s expectations as of the date of this release. RHI Entertainment, Inc. undertakes no obligation to update the information provided herein.

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