By Diane Velasco
Note to readers: this is part four of an investigative series. Albuquerque Studios owners Dana Arnold and Harold Katersky could not be reached for comment despite repeated attempts to contact them through their attorney and Nick Smerigan, vice president of Albuquerque Studios. Find links to first three parts at the end of this story.
Albuquerque Studios is the first high-profile project Forest City Covington, developer of the Mesa del Sol area, has been able to attract.
The project garnered national media attention, starting in early 2006 with a Forbes magazine article declaring Albuquerque the number one place to do business. The article said The Culver Studios, the famous studio complex in California, was building a 500,000-square-foot film studio complex in the Duke City.
A 12-page spread in the Hollywood Reporter last September on New Mexico’s rising film industry and Albuquerque Studios said the project “is backed by Pacifica Ventures, owner of The Culver Studios.”
Yet Pacifica Ventures is not, and never has been, the owner of The Culver Studios. (See part one of this series.) And The Culver Studios is not involved with Albuquerque Studios.
No doubt the public misperception was built by Albuquerque Studios owners Dana Arnold and Harold Katersky, principals in Pacifica Ventures who managed The Culver Studios for 30 months.
But in almost every public reference, Michael Daly, chief operating officer of Forest City Covington, also linked Albuquerque Studios with The Culver Studios.