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Monday, October 31, 2005

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Breaking Industry News

SAN FRANCISCO - Falcon Studios announced today that its principal officer and president, Terry Mahaffey, died on Sunday, October 30 from "complications resulting from cancer treatment," per the official press statement. Mr. Mahaffey died at home with his partner, Michael Scott, by his side. A memorial service in San Francisco will be held November 12th.

In 2004, Terry Mahaffey formed 3 Media Corporation — together with business partners Steve Johnson and Todd Montgomery — and purchased Falcon Studios from the Charles M. Holmes Foundation. "Chuck" Holmes founded the powerhouse studio and was a mentor to Terry Mahaffey, who was brought to Falcon in 1996 by Mr. Holmes. "Throughout his tenure with the company," read today's press release, Mr. Mahaffey "provided the creative vision, attention to detail, and commitment to quality that enabled Falcon Studios to maintain its leadership in the industry."

Terry "has been the heart and soul of the company," said Todd Montgomery. "The entire staff of Falcon Studios mourns his loss." Memorials may be made in Terry Mahaffey’s name to the Sutter VNA & Hospice Foundation, 1900 Powell St., Suite 300, Emeryville, CA, (510)450-8724. Donation forms can be downloaded at VNAhospicefoundation.org.

Studio website: FalconStudios.com.

Contact J.C. Adams at: JCAdamsXXX@aol.com

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