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Alamo ups Paschich and Reed

Drafthouse Cinema chain boost execs amid expansion effort

Alamo Drafthouse Cinema has promoted Craig Paschich to divisional prexy and Tim Reed to chief development officer as part of plans to expand the 13-screen chain into new territories.

Paschich will oversee daily operations and the induction of new franchise partners. He’s been with the company since 2008 and has served as chief development officer and chief operations officer.

Reed will take over Paschich’s previous role and focus on exhibition. He’s been asked to join the board of directors.

Reed was senior VP of real estate since October 2010 after serving in similar slots with Village Roadshow Gold Class Cinemas, Hollywood Theaters and Act III Theaters.

Alamo Drafthouse, which started as a single-screen theater in Austin, has 13 locations in Texas and Virginia, with more soon in Denver, and it is looking to expand into Los Angeles and New York.

Company also has formed Drafthouse Films, which recently pacted with Image Entertainment in an exclusive distribution deal for homevideo, digital, television and VOD. Recent acquisitions include North American rights to Michael Roskam’s crime drama “Bullhead,” which is Belgium’s official candidate for the Oscar foreign-language film award; Mikkel Nogaard’s Danish comedy “Clown”; and “Comin at Ya! 3D.”

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