Crown Media Marketing Executive Chris Moseley Resigns

Business Wire

Crown Media Holdings, Inc. (NASDAQ: CRWN), owner and operator of Hallmark Channel, today announced that Chris Moseley, Executive Vice President, Chief Marketing Officer of Hallmark Channels, has decided to leave the Company at the end of April.

"Chris has helped us accomplish all that we needed her to do and we thank her for her contributions to our success. Joining the team as Executive Vice President of Worldwide Marketing in 2000, she was part of building the marketing powerhouse that has allowed us to leverage the brand strength of Crown Media into one of the fastest cable channel launches ever," said David Evans, President and CEO. "Chris leaves us with a talented and experienced group of marketing executives ready to meet the challenges ahead."

During Moseley's tenure, the Hallmark Channel became a top-ten cable network in total day and prime time. She oversaw the creation of Hallmark Channel's global brand strategy, as well as pioneered the award-winning holiday cross-platform partnerships between the Channel, affiliate partners, national advertisers, Hallmark.com and over 4,000 participating Hallmark Gold Crown stores.

About Crown Media Holdings

Crown Media Holdings, Inc. (NASDAQ: CRWN) owns and operates cable television channels dedicated to high quality, broad appeal, entertainment programming. The Company currently operates and distributes the Hallmark Channel in the U.S. to over 72 million subscribers. The program service is distributed in over 5,300 cable systems and communities as well as direct-to-home satellite services across the country. In 2005, Crown launched its second 24-hour linear channel, Hallmark Movie Channel. Through its subsidiary, Crown Media Distribution, LLC, Crown also distributes titles in the U.S. from its award-winning collection of movies, mini-series and films for exhibition in a variety of television media including broadcast, cable, video-on-demand and high definition television. Significant investors in Crown Media Holdings include: Hallmark Entertainment Holdings, Inc., a subsidiary of Hallmark Cards, Incorporated, Liberty Media Corp., and J.P. Morgan Partners (BHCA), LP, each through their investments in Hallmark Entertainment Investments Co.; VISN Management Corp., a for-profit subsidiary of the National Interfaith Cable Coalition; and The DIRECTV Group, Inc.

Forward-looking Statements

Statements contained in this press release may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management's current expectations, estimates and projections. Words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those projected or implied in the forward-looking statements. Such risks and uncertainties include: competition for distribution of channels, viewers, advertisers, and the acquisition of programming; fluctuations in the availability of programming; fluctuations in demand for the programming Crown Media airs on its channels; and other risks detailed in the Company's filings with the Securities and Exchange Commission, including the Risk Factors stated in the Company's 10-K Report for the year ended December 31, 2005. Crown Media Holdings is not undertaking any obligation to release publicly any updates to any forward looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.

More Like This:
Cimage