On June 12, 2009, the Board of Directors (the "Board") of RHI Entertainment, Inc. (the "Company") elected Mr. Jeffrey C. Bloomberg as a Director of the Company. Mr. Bloomberg is a Principal, Managing Director and Office of the Chairman at Gordon Brothers Group L.L.C., a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors. Mr. Bloomberg has been elected to serve on the Board for a term ending on the date of the 2012 annual meeting of stockholders and until his successor is duly elected and qualified. Mr. Bloomberg has been appointed to serve on the Company's Audit Committee. The Board has also affirmatively determined that Mr. Bloomberg qualifies as an "independent director" under the applicable listing standards of the NASDAQ Stock Market ("NASDAQ").
As a Director, Mr. Bloomberg will receive fees consistent with the other non-management directors of the Company as disclosed in the Company's Definitive Proxy Statement filed with the Securities and Exchange Commission on April 15, 2009, pro-rated based upon the effective date of his election.
In connection with Mr. Bloomberg's appointment to the Board, the Board approved the award of 6,936 restricted stock units and the grant of an option to purchase 6,936 shares of the Company's common stock to Mr. Bloomberg, effective June 12, 2009. The restricted stock units and stock options were awarded pursuant to the: (i) Company's Amended & Restated 2008 Incentive Award Plan (the "Award Plan"), filed with the Securities & Exchange Commission on May 12, 2009, as Exhibit 10.1 to the Company's Current Report on Form 8-K; (ii) the Company's Restricted Stock Unit Award Grant Notice and Restricted Stock Unit Award Agreement, the form of which is attached hereto as Exhibit 10.1, and the Company's Stock Option Grant Notice and Stock Option Agreement, the form of which is attached hereto as Exhibit 10.2.
In addition, on June 12, 2009, Mr. Frank J. Loverro tendered his resignation as a member of the Board. Mr. Loverro's resignation was not caused by any disagreement with the Company on any matter related to the Company's operations, policies or practices. With the resignation of Mr. Loverro, and the subsequent election of Mr. Bloomberg, the Board is now comprised of a majority of independent directors and, thus, has satisfied the applicable listing standards of the NASDAQ.
Item 9.01. Exhibits.

A copy of the Company's press release announcing the election of Mr. Bloomberg to the Board is attached as Exhibit 99.1 and is incorporated herein by reference

Exhibit No.      Document Description
10.1             Form of Restricted Stock Unit Award Grant Notice and Restricted
                 Stock Unit Award Agreement (Director)

10.2             Form of Stock Option Grant Notice and Stock Option Agreement
                 (Director)

99.1             Press Release dated June 18, 2009