Hallmark Takes Crown Media Private
02 Mai 2016 - 7:48PM
Business Wire
Donald J. Hall Jr., chief executive officer of Hallmark Cards,
Inc., today announced that Hallmark has completed the short-form
merger with Crown Media Holdings, Inc. (CRWN), home of Hallmark
Channel and Hallmark Movies & Mysteries, and has taken the
company private.
The Crown Media First Quarter Conference Call and Webcast
previously scheduled for Tuesday, May 3, 2016 at 11 a.m. Eastern
Time to discuss financial results will not be held.
About Hallmark
For more than 100 years, privately held Hallmark has been
dedicated to creating a more emotionally connected world. In the
U.S., products offered by Hallmark Greetings, Hallmark Retail and
Hallmark Home & Gifts can be found in more than 32,000 retail
accounts including mass retailers, Hallmark Gold Crown® stores and
online. Hallmark’s family of companies also includes Crayola®,
maker of creative art tools and toys, Crown Center, a mixed-use
entertainment, office and residential district in Kansas City, and
Hallmark International, which offers products in more than 30
languages available in 100 countries and Crown Media Holdings,
Inc., which owns and operates cable television’s Hallmark Channel
and Hallmark Movies & Mysteries. Headquartered in Kansas City,
Mo., Hallmark employs 30,000 people worldwide. For more
information, visit Hallmark.com. Connect on Facebook, Twitter,
Instagram and Pinterest. In Canada, Hallmark's headquarters are in
Markham, Ontario.
About Crown Media Holdings
Crown Media Holdings, Inc. is the corporate parent for the
portfolio of cable networks and related businesses under Crown
Media Family Networks. The company currently operates and
distributes Hallmark Channel in both high definition (HD) and
standard definition (SD) to 89 million subscribers in the U.S.
Hallmark Channel is the nation’s leading destination for quality
family programming with an ambitious slate of TV movies and
specials; original scripted series, including When Calls the Heart
and Good Witch; as well as some of television’s most beloved
sitcoms and series. Hallmark Channel is also home to the annual
holiday franchise, Countdown to Christmas, featuring a lineup of
24/7 holiday programming. Hallmark Channel's sibling network,
Hallmark Movies & Mysteries, is available in 66 million homes
in HD and SD and is one of America’s fastest-growing cable
networks. Hallmark Movies & Mysteries features a unique mix of
original movies and acquired series focusing on the lighter side of
the suspense and mystery genres. The network is also home to annual
holiday programming franchise, the Most Wonderful Movies of
Christmas, as well as presentations from the award-winning Hallmark
Hall of Fame library. In addition, Crown Media Family Networks
includes the online offerings of HallmarkChannel.com and
HallmarkMoviesandMysteries.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160502005987/en/
Hallmark Public RelationsJulie Elliott816-274-5961
(office)816-564-6030 (mobile)Julie.Elliott@Hallmark.comorCrown
Media Holdings, Inc.Allison Bennett212-445-6692
(office)AllisonBennett@CrownMedia.com
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