Crown Media Gets 3Q Rev Boost

  • November 6, 2008
Crown Media, the parent of the Hallmark Channel, reported net revenue in the third quarter increased 17% to $64.5 million, from $55.3 million in 2007's third quarter. This increase was primarily due to a 4% increase in ad revenues and a 93% increase in subscriber fee revenues. Crown Media reported revenue of $206.6 million for the nine months ended September 30, 2008, a 25% increase from $164.8 million for the same period of 2007.

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