MAM

Crown Media in discussions to sell Hallmark

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/mam-images/2016/01/06/Hallmark.jpg?itok=AHr9eXpI

MUMBAI: Crown Media Holdings which runs the Hallmark Channel is said to be talking to different groups of investors to sell the broadcasters international operations.



A Reuters report added that last year Crown Media's international operations lost $21 million on about $83 million of revenue. While Hallmark UK and South America have had offers it will be interesting to see if the Asia operations find any buyers. A couple of years ago the company had closed down its Singapore sales office.

It had also reduced the number feeds for the Asia Pacific region from seven to just two.



Crown Media realised at that time that it would be better off concentrating on trying to shore up the European market revenues and strengthening the US content offering.



In India, the channel is still struggling to make a mark despite original and high quality content. As reported a few months ago by indiantelevision.com, Hallmark had decided to stop taking ads in order to differentiate itself from other channels showing movies and mini-series.



What is also interesting from the India angle is the fact that HBO is said to be interested in Hallmark's Latin America business and in the international rights to its 700-title programme library. If that deal goes though then HBO in India could have more original content to crow about apart from, of course, its original movies like the recently aired The Gathering Storm and series like Sex & The City.



The Reuters report has gone on to state that one of the principal parties in the negotiations is David Elstein, who used to be Channel 5's CEO. The group of investors led by him is believed to have offered about $300 million for the entire Hallmark package. Other parties negotiating include private equity firms 3i Group and Providence Equity Partners.



Sources have also indicated that Crown Media is interested in getting Sony involved to counter Elstein's offer. What could prove to be a hurdle here is that Sony is looking at acquiring MGM, which it feels could be more

profitable.



Another person who could just throw his hat in the ring, at least as far as the UK is concerned, is media moghul Rupert Murdoch. In the past, pay TV operator BSkyB had expressed interested in Hallmark's UK channel. What has come in the way of the sale process is the market conditions. Also, Hallmark's long-term contractual obligations with the cable and satellite TV providers that broadcast the channel deterred some parties, including Viacom.



Not surprisingly Crown Media will keep and continue expanding Hallmark US, which is proving profitable. It reaches about 59 million viewers and has a slightly different line-up of shows from what air internationally. They include Matlock, Mash and The Waltons.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/26/Malay-Dikshit.jpg?itok=cPSgkAyA
Tata Sky's #RecallBengal reminisces art forms on Durga Pujo

MUMBAI: Tata Sky has rolled out its #RecallBengal campaign on the occasion of Durga Pujo.  This first ever digital-only campaign will celebrate Bengal’s rich and vibrant culture by capturing and documenting the folk art indigenous to the Bengali community based across the country.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/26/havas.jpg?itok=N1r7Zldr
Havas hires Contract's Chakraborty to lead creative partner Benckiser team

Sanghamitra 'Shong' Chakraborty has joined Havas Media's Gurgaon operations as the senior vice president and business head. She will lead the integrated Reckitt Benckiser (RB) team at Havas India, which is the creative partner for many of RB India's brands.

MAM Media and Advertising People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/26/Sunny_Nagpal.jpg?itok=j6ZD_RFz
Httpool partners with Twitter to expand ads

MUMBAI: Httpool, an international cross channel ad network with a presence in Central and Eastern Europe and Asia, and Twitter have come together.

MAM Marketing MAM
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/26/Vineet_Sodhani-Meenakshi_Menon.jpg?itok=QGgGM_2j
Times' Vineet Sodhani joins Spatial Access as CEO

MUMBAI: Spatial Access, a media audit company, has a new leader at the helm; Vineet Sodhani has taken over as the CEO.

MAM Media and Advertising People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/25/Kashyap-Vadapalli-CMO-Pepperfry-n_0.jpg?itok=tCCl0yWX
How Pepperfry sale helps Rao couple get good value

Pepperfry.com has launched a marketing campaign ahead of the upcoming festive shopping season of Diwali. This campaign is focused on the value that Pepperfry is delivering for consumers this year via the “Happy Diwali Sale.”

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/25/Sanjay-Agarwal.jpg?itok=YYfNr7mu
CenturyPly campaign aims to felicitate everyday heroes on Puja

MUMBAI: CenturyPly Heroes was an initiative to recognise and salute the carpenter’s indomitable spirit, the skill and the commitment to the art and to life at large. This year, the campaign is celebrating those unsung heroes behind the scenes without whose creations, the Durga Puja wouldn’t even...

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/25/colors-mam.jpg?itok=KYKfrudu
Colors-Nick and KidZania to blend entertainment with reality

MUMBAI: In its endeavor to enrich consumer experiences and provide integrated entertainment, Viacom18 media and entertainment network has partnered with KidZania (Delhi). As a part of the partnership, KidZania Delhi will have a Nickelodeon and Colors-themed TV studio. The partnership with KidZania...

MAM Media and Advertising People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/25/Dentsu.jpg?itok=VY8eMZMk
Dentsu wins Synthite co Vieda's strategic, creative mandate

MUMBAI: Dentsu India, the integrated full-service communication agency from Dentsu Aegis Network, has bagged the strategic and creative mandate for Vieda, a newly-launched personal care brand by The Synthite Group, following a multi-agency pitch. Synthite Group, a value-added natural ingredient...

MAM Media and Advertising Account
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/25/Rajesh-Kejriwal.jpg?itok=lEnxW1vj
Kyoorius Designyatra's 'Optimism' to be in Goa for its 12th edition

MUMBAI: The 12th edition of Kyoorius Designyatra will be held in Goa this year, with the theme: “Optimism.” The event will be held at the Grand Hyatt Hotel, over a period of three days – 12 October to 14 October, 2017. “Optimism” brings attention to the light beyond the gloom, and focuses on how...

MAM Marketing MAM

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories