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Crown Media Family Networks company history timeline

1993

When Crown Media planned to move Cencom's headquarters from St Louis to Dallas, Cencom's top executives--including president and CEO Howard Woods, COO Barry Babcock, and CFO Jerry Kent--broke away to form a new cable company, Charter Communications, Inc., in January 1993.

Toward the end of 1993, Hallmark Cards hired investment banker Goldman, Sachs to evaluate Crown Media, which had grown to 800,000 subscribers.

1995

1995: Hallmark Entertainment, Inc. establishes Hallmark Entertainment Network, Inc. and launches its first pay television channel.

1999

In April 1999, Hallmark Entertainment relaunched the Odyssey Network as "the first network for today's family."

2000

Due to conditions in the United States stock market, Crown Media delayed its IPO from April to May 2000 and reduced the number of shares offered from 12.5 million to ten million.

2001

After reporting quarterly losses in the first half of 2001, Crown Media announced a new initiative and reorganization of its domestic and international operations in October.

At the beginning of 2001, Crown Media formed a new company, Crown Interactive, to make programming from its affiliated companies available to interactive television viewers.

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Crown Media Family Networks may also be known as or be related to Crown Media Family Networks and Crown Media Holdings, Inc.