03.06.2008 20:40:00
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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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