August 20, 2007
Prospector
Profile
07.1195
 
Crown Media Holdings, Inc. NAICS 515120
12700 Ventura Boulevard, Suite 200 Studio City, CA 91604 Description Cable Television
(818) 755-2400 Employees 186
http://www.hallmarkchannel.com/ Revenue (mil) 201.1800
  Income (mil) -388.9700
  Assets (mil) 767.7800
  Liability (mil) 1246.7300
  (for the year ended 2006-12-31)
 
Category: Loss/Deficit
 
Event: Crown Media Holdings, Inc., posted a $43,662,000 net loss on $55,907,000 of total revenues for the second quarter ended June 30, 2007, as compared with a $227,446,000 net loss on $50,522,000 of total revenues for the same period last year. At June 30, 2007, the company's balance sheet showed $749,447,000 in total assets and $1,337,453,000 in total liabilities, resulting in a $558,006,000 stockholders' deficit.
 
Intellectual Property: The Company licenses the trademark “Hallmark” for use on its Channels pursuant to certain trademark license agreements with a subsidiary of Hallmark Cards. The Company believes that the use of this trademark is extremely important for its Channels due to the substantial name recognition and favorable characteristics associated with the name in the United States. [SEC Filing 10-K 03-08-07]
 
Description: The Company owns and operates cable television channels such as the Hallmark Channel and the Hallmark Movie Channel.
 
Officers: Herbert A. Granath (Co-Chair); Donald J. Hall, Jr. (Co-Chair); Henry Schleiff (Pres. & CEO); Brian Stewart (EVP & CFO); Charles L. Stanford (EVP-Legal & Business Affairs & Gen. Counsel); David Kenin (EVP-Programming); William Abbott (EVP-Advertising Sales); Wilford V. Bane, Jr. (Dir.); Glenn Curtis (Dir.); Brian E. Gardner (Dir.); Herbert A. Granath (Dir.); David E. Hall (Dir.); Irvine O. Hockaday, Jr. (Dir.); Anil Jagtiani (Dir.); A. Drue Jennings (Dir.); Peter A. Lund (Dir.); Deanne R. Stedem (Dir.)
 
Auditor: KPMG LLP
 
Securities: Common Stock Symbol CRWN; NasdaqGM; 104,788,076 common shares outstanding as of Aug. 3, 2007. 10.25% senior unsecured notes due Aug. 5, 2011
 
 
 
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