03.06.2008 20:40:00

Outdoor Channel Holdings Renews Distribution Agreement with Comcast

Outdoor Channel Holdings, Inc. (NASDAQ:OUTD) today announced that it has signed a multi-year carriage agreement with Comcast Corporation, the nation’s leading provider of entertainment, information and communications, that extends Comcast’s current contract and distribution of Outdoor Channel. Outdoor Channel said the renewed affiliation agreement also includes an expanded offering of Outdoor Channel’s high definition and video-on-demand programming. "We are pleased that our efforts have resulted in a renewed partnership with Comcast, and we will continue to focus a significant portion of our time and energy on renewing our remaining distribution deals,” said Roger L. Werner, president and chief executive officer of Outdoor Channel Holdings. "Comcast is a valued partner to Outdoor Channel, and we look forward to continue working with Comcast to provide outdoor enthusiasts coast-to-coast with America’s leading hunting, fishing and other outdoor-related programming.” Madison Bond, Comcast Corporation’s executive vice president of content acquisition, said, "Our goal is to serve the best interests of our customers by providing the broadest selection of quality programming. Comcast greatly values the diversity of programming that independent channels such as Outdoor Channel bring to our channel lineups." About Comcast Corporation Comcast Corporation (Nasdaq:CMCSA) (Nasdaq:CMCSK) (http://www.comcast.com) is the nation's leading provider of entertainment, information and communications products and services. With 24.7 million cable customers, 14.1 million high-speed Internet customers, and 5.2 million voice customers, Comcast is principally involved in the development, management and operation of broadband cable systems and in the delivery of programming content. Comcast's content networks and investments include E! Entertainment Television, Style Network, The Golf Channel, VERSUS, G4, PBS KIDS Sprout, TV One, ten Comcast SportsNet networks and Comcast Interactive Media, which develops and operates Comcast's Internet business. Comcast also has a majority ownership in Comcast-Spectacor, whose major holdings include the Philadelphia Flyers NHL hockey team, the Philadelphia 76ers NBA basketball team and two large multipurpose arenas in Philadelphia. About Outdoor Channel Holdings, Inc. Outdoor Channel Holdings, Inc. owns and operates Outdoor Channel, America's leader in outdoor TV. The national network offers programming that captures the excitement of hunting, fishing, shooting, off-road motorsports, adventure and the Western lifestyle. Outdoor Channel can be viewed on multiple platforms including high definition, video-on-demand, as well as on a dynamic new broadband website. For more information about the company or Outdoor Channel, please visit www.outdoorchannel.com. Safe Harbor Statement Statements in this news release that are not historical are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, including statements, without limitation, about our expectations, beliefs, intentions, strategies regarding the future long-term value of the company resulting from the company’s current actions or strategic initiatives and the future anticipated value of Outdoor Channel to our audience, distributors and advertisers. The company’s actual results could differ materially from those discussed in any forward-looking statements. The company intends that such forward-looking statements be subject to the safe-harbor provisions contained in those sections. Such statements involve significant risks and uncertainties and are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements. Such factors include but are not limited to: (1) service providers discontinuing or refraining from carrying Outdoor Channel; (2) a decline in the number of viewers from having Outdoor Channel placed in unpopular cable or satellite packages, or increases in subscription fees, established by the service providers; (3) the company’s ability to grow the subscriber base of Outdoor Channel; (4) a change in Nielsen’s methodology of estimating the number of subscribers to Outdoor Channel, or an inaccuracy in Nielsen’s such estimated number; (5) a decrease in operating results from offering reduced subscriber fee rates, launch support fees and other incentives to grow the subscriber base; and other factors which are discussed in the company’s filings with the Securities and Exchange Commission. For these forward-looking statements, the company claims the protection of the safe harbor for forward-looking statements in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.

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