This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Crown Media Holdings Announces Operating Results For Fourth Quarter Of 2011

Crown Media Holdings, Inc. (NASDAQ:CRWN) today reported its operating results for the three months and year ended December 31, 2011.

Operating Highlights
  • “Countdown to Christmas” Success. Hallmark Channel’s holiday programming initiative, “Countdown to Christmas”, officially launched on November 12th with marked increases in ratings over the same period in 2010 among our core demographic of women 25-54. Throughout the fourth quarter of 2011, “Countdown to Christmas” produced record-breaking successes, including Hallmark Channel’s highest total day delivery (Sunday, November 27) and highest total weekend delivery (Saturday, November 26 – Sunday, November 27) in network history. According to Nielsen, the original holiday movie premieres reached more than 22.1 million unduplicated viewers.
  • Strong Advertising Sales. Advertising revenue increased 19% over fourth quarter 2010. Hallmark Channel increased 14% while Hallmark Movie Channel increased 76%.
  • Substantial Growth for Hallmark Movie Channel. Hallmark Movie Channel closed out the year with a universe estimate of approximately 45 million homes according to Nielsen, marking an increase of 19% from December 2010.
  • Significant Carriage Interest for Hallmark Movie Channel. For the second year in a row, Hallmark Movie Channel ranked as the #1 network sought out by non-affiliates for carriage, among all mid-sized and emerging networks, according to the 2011 Beta Research Cable Operator Carriage Study.
  • Successful Distribution Deals. The Crown Media Family Networks distribution team has completed renewals with Cox and Dish.

“Our fourth quarter and holiday season continues to be a source of strength and interest to advertisers for Hallmark Channel and Hallmark Movie Channel,” said Bill Abbott, President and CEO of Crown Media Family Networks. “Advertising sales revenue from our highly sought after seasonal programming directly contributed to our EBITDA growth. Hallmark Movie Channel has experienced significant gains in distribution, recently surpassing the 45 million subscriber milestone, in addition to increased carriage interest from non-affiliates. We are pleased with our results from the quarter and the year, and are pursuing strategic initiatives that will continue to resonate with our viewers, advertisers and distributors.”

1 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.03 -2.90%
FB $116.73 7.20%
GOOG $691.02 -2.10%
TSLA $247.54 -1.60%
YHOO $36.59 -0.97%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs