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•10/1 - Supersize Count von Count
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•9/1 - Fraggle Rock Action Figures Wave 1: Gobo, Red, Traveling Matt, Architect and Cotterpin, Flange
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Henson
and Hallmark form the Kermit Channel
Courtesy
of The Jim Henson Company
May 13, 1998
The
Jim Henson Company and Hallmark Entertainment will launch the Kermit Channel,
a 24-hour, global pay-television channel featuring general family
entertainment from The Jim Henson Company and Hallmark Entertainment,
as announced today by Brian Henson, President and CEO and Charles Rivkin,
President and COO of The Jim Henson Company and Robert Halmi, Jr., Hallmark
Entertainment's CEO. Each company will have 50% ownership in the new global
channel and will utilize original programming from both The Jim Henson
Company's and Hallmark Entertainment's library of award-winning family
and children's television. As a result of this joint venture, both companies
will also produce new programming to be featured on the 24-hour
family entertainment channel.
The Kermit Channel will launch September 1, 1998 throughout Asia and Latin
America, with most international affiliates of Hallmark Entertainment's
24-hour global pay-television service, Hallmark Entertainment Network,
carrying the new channel. Additional worldwide territory launches will
follow.
Commenting on the deal, Brian Henson said, "The creation of the Kermit
Channel is something that we have been working toward for quite some time.
Our international cable network is an incredible exciting step for us,
and having successfully worked with Hallmark Entertainment over
the years, ("Gulliver's Travels" - produced in association with
The Jim Henson Company, "The Odyssey" and the recent hit "Merlin"),
we know they share the same sensibility when it comes to making quality
entertainment."
Concerning the financial agreement, Robert Halmi declined to discuss the
amount of money Hallmark and Henson are putting into the Kermit Network.
"We're both private companies," he said. "So we're shy
about revealing" dollar figures.
All
operations for the Kermit Channel will be based in Englewood, Colorado,
headquarters for the Hallmark Entertainment Network. Hallmark Entertainment
Network is the rapidly expanding 24-hour pay television service that delivers
quality, award-winning, made-for-television movies and miniseries,
produced by Hallmark Entertainment. Currently distributed in over 50 countries
in 14 languages, the network can be visited on the world wide web at www.hallmarknetwork.com.
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