CROWN MEDIA HOLDINGS, INC. 1

INVESTOR RELATIONS

CROWN MEDIA HOLDINGS, INC.

November 7, 2014

NEWS

IN THIS ISSUE:

Q3 Earnings Results - pg 2

Programming Updates- pg 3

Ratings & Subscribers- pg 4

CROWN MEDIA HOLDINGS, INC. 2

Q3 EARNINGS RESULTS November 7, 2014

Crown Media reported operating results for the three and nine

months ended September 30, 2014.

Double-digit advertising revenue growth. Advertising revenue increased 12% for the quarter and 10% for the

nine months ended September 30, 2014, as compared to the prior year periods, due to the strength of pricing across

both channels. These increases contributed to 29% growth in Adjusted EBITDA for the quarter and 2% growth in

Adjusted EBITDA year-to-date.

Significant reduction in leverage. Between December 2013 and September 2014, the Company used free cash to

reduce the combined principal balances under its Term Loan and Notes by $45 million, and in October 2014, it

repurchased an additional $20 million in principal amount of its outstanding Notes.

Revenue Adjusted EBITDA*

Free Cash Flow Total Debt/Adjusted EBITDA*

* Reconciliations of non-GAAP financial measures equivalent to GAAP financial measures are available on Crown Media Holdings, Inc.’s Investor Relations

website.

$137.7$159.8 $161.8

0

50

100

150

200

2012 2013 2014 LTM

$ m

illi

on

s

Adjusted EBITDA

$28.1

$54.8

$70.8

0

20

40

60

80

2012 2013 2014 LTM

$ m

illi

on

s

Free cash flow

3.6x

2.9x2.6x

0

1

2

3

4

2012 2013 2014 LTM

Total Debt/Adjusted EBITDA

$349.9$377.8 $399.7

0

100

200

300

400

500

2012 2013 2014 LTM

$ m

illi

on

s

Revenue

CROWN MEDIA HOLDINGS, INC. 3

PROGRAMMING November 7, 2014

Hallmark Channel continues its annual holiday tradition,

Countdown to Christmas, with twelve new original movies,

a primetime Home & Family special, and more than 1,300

hours of Christmas-themed content beginning October 31st.

For eight weeks, viewers can visit Hallmark Channel around

the clock for holiday programming featuring stimulating

stories and stellar actors, including Teri Polo, Jane Seymour,

Anne Heche, Robert Wagner, and many more.

12 Original Movie Premieres; every Saturday and Sunday

at 8pm ET/PT starting October 31st.

Hallmark Channel’s Countdown to Christmas

12 Original Movie Premieres

Hallmark Movies & Mysteries

Most Wonderful Movies of Christmas

Hallmark Movies & Mysteries partakes in the holiday

season with Most Wonderful Movies of Christmas

hosting 24/7 holiday programming, featuring two new

original movie premieres, presentations from the critically

acclaimed Hallmark Hall of Fame library and classic

Christmas movies every Thursday night commencing

November 6th.

Non-Stop Holiday Favorites All Season Long.

Holiday Programming

Hallmark Movies & Mysteries

Most Wonderful Movies of Christmas*

Signed, Sealed, Delivered for Christmas—November 23

The Christmas Secret— December 7

* Titles and premiere dates are subject to change

Hallmark Channel’s Countdown to Christmas*

One Starry Christmas—November 1

Angels Sing—November 2

The Nine Lives of Christmas— November 8

A Cookie Cutter Christmas— November 9

Northpole— November 15

Angels and Ornaments— November 16

A Royal Christmas— November 22

The Christmas Shepherd— November 23

Home & Family Holiday Special— November 24

Christmas Under Wraps— November 29

One Christmas Eve— November 30

A Hallmark Hall of Fame premiere

CROWN MEDIA HOLDINGS, INC. 4

RATINGS & SUBSCRIBERS November 7, 2014

Cedar Cove, Season 2

The Sophomore Season Culminates with over 10 million Viewers

The Hallmark Channel hit series, Cedar Cove, once again

captivated viewers, reaching 10.5 million total viewers and

over 2.0 million women 25-54 during its sophomore

season. After twelve weeks, Cedar Cove averaged a 1.8

household rating and a 0.7 rating women 25-54, making

Hallmark Channel the #1 rated cable network on Saturday’s

8-9pm time period.

In Live plus three days ratings, Cedar Cove improved to a

2.3 household rating, a 130% increase from its live plus

same day ratings.

Cedar Cove, Season 3 returns in 2015

starring Andie MacDowell and Dylan Neal.

Source: The Nielsen Company (7/19-10/4/14)

October on Hallmark Movies & Mysteries

Three Consecutive Original Movie Premieres

Recently re-branded from Hallmark Movie Channel, Hallmark

Movies & Mysteries delivered the third highest household and

the second highest primetime weeks in network history during

its first week. As part of the launch, the network hosted three

consecutive original movie premieres, all ranking among the

Top 10 cable movies of the day among households in their

respective premieres.

Along Came A Nanny premiered on October 12th to a 0.8

household rating, reaching over one million viewers.

Wedding Planner Mystery premiered on October 19th to a 0.8

household rating, reaching nearly one million viewers.

Garage Sale Mystery: All that Glitters premiered on October

26th to a 1.0 household rating, reaching more than 1.4 million

viewers.

Source: The Nielsen Company (9/29-10/6),(10/12-10/26/14)

Hallmark Channel

85.4 million subscribers

Hallmark Movies & Mysteries

54.6 million subscribers

September 2014

Hallmark Channel ranks #39 in

distribution out of the 116 measured cable

networks.

Hallmark Movies & Mysteries has shown

a yearly increase of 2.1 million homes,

making it the 9th largest growing network

year to year.

CROWN MEDIA HOLDINGS, INC. 5

CONTACT US November 7, 2014

Corporate Headquarters

Crown Media Holdings, Inc.

12700 Ventura Blvd.

Studio City, CA 91604

Phone: 888-390-7474

Investor Contact

Mary Dzabic

VP, Reporting & Compliance

marydzabic@crownmedia.com

818-755-1261

Transfer Agent

Computershare Investor Services

P.O. Box 30170

College Station, TX 77842

Phone: 1-800-522-6645

Website: www.computershare.com

Accountants

KPMG LLP

1225 17th St, Suite 800

Denver, CO 80202

Phone: 303-296-2323

Fax: 303-295-8829

Legal

Leslie Park

Assistant General Counsel

legal@crownmedia.com

818-755-1217

http://ir.crownmedia.net

For more information,

please visit our website

This newsletter has been prepared by the Investor Relations group of Crown Media Holdings, Inc. solely for the information of

shareholders of the Company. It is not intended to be a recommendation with respect to investment decisions. All information

contained in this newsletter is presented as of the date indicated above, and the Company assumes no duty to confirm, revise, or

update the information. Certain statements in this newsletter may constitute “forward-looking statements” within the meaning of the

Private Securities Litigation Reform Act of 1995. These statements are made on the basis of our views and assumptions regarding

future events and business performance as of the time the statements are made and we do not undertake any obligation to update

these statements. Actual events may differ materially from those expressed or implied. Such differences may result from actions taken

by the Company, as well as from developments beyond the Company’s control. Additional factors are set forth in the Company’s

most recent reports filed with the Securities and Exchange Commission. Reconciliations of non-GAAP financial measures to

equivalent GAAP financial measure equivalent GAAP financial measures are available on Crown Media Holdings, Inc.’s Investor

Relations website.