Article: Crown Media Holdings Announces a 41% Increase in Subscribers and a 39% Increase in Total Revenue for Second Quarter 2000.

Business Editors

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Aug. 14, 2000

Crown Media Holdings, Inc. (Nasdaq NM: CRWN) (ASE: CRWN) ("Crown Media" or the "Company") today announced results for the three and six months ended June 30, 2000.

Operating Highlights for the Quarter

 
-- On July 26, 2000 Crown Media announced an agreement with EM.TV/Henson to 
exchange their common interest in Odyssey (22.5%) and KERMIT (50.0%) for stock 
in Crown Media. Upon the completion of this transaction, Crown Media will own 
100% of all three of its programming channels. As a result of this transaction, 
EM.TV will own approximately 8.2% of Crown Media. In addition, ...

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