Crown Revs Dip 3%, Subscriber Revs Up

  • November 5, 2009
Crown Media reported revenue of $62.8 million for the third quarter of 2009, with a 3% decrease for the third quarter of 2008. Subscriber fee revenue increased 12%. Advertising revenue decreased 7% to $46.5 million during the quarter, reflecting primarily ratings declines in our demographics as the network switches programming and focuses on women 25-54 in the second quarter. Further changes were made during the third quarter. The addition of "Golden Girls" in the morning, a comedy block in late night, the expansion of "M*A*S*H" in early fringe, and most recently, the addition of "Touched by an Angel" in prime time are all part of the schedule changes.

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