Movie previews and news cable outlet Reelzchannel is adding a dash of mockery to its web holdings with the acquisition of HollywoodPressTV. The comedy site is being sold to Reelzchannel by its creator, The Buddy Group, an Irvine, CA.-based online video company. Terms weren’t disclosed. Along with the acquisition, HollywoodPressTV’s Steve Patterson will become a correspondent for Reelzchannel, adding a little more entertainment to the channel’s straightforward news features. Release
Reelzchannel Buys Acquires Online Comedy Site HollywoodPressTV

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