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NEWS

Sesame Street Season 45 premieres Monday September 15

Muppets star in Toyota Super Bowl ad campaign

"Lady Gaga & The Muppets' Holiday Spectacular" airs Thanksgiving

Frank Oz, Brian Jay Jones honor Jim Henson on The Today Show October 15

Muppet tech master and puppeteer Franz "Faz" Fazakas dies at 95

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MERCHANDISE

"The Great Muppet Caper" and "Muppet Treasure Island" coming to Blu-ray December 10

"Jim Henson: The Biography" releases on September 24

"The Muppet Movie" anniversary edition arrives on Blu-ray

Video: "The Muppet Movie" coming to Blu-ray in 2013

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Kermit Channel coming to the States

By The Jim Henson Company
Courtesy of Yahoo News
June 30, 1998

A new ownership arrangement for the Odyssey Channel will bring together two of America's best-known and respected entertainment companies (The Jim Henson Company and Hallmark Entertainment), with the existing shareholders, the channel's founding group (the National Interfaith Cable Coalition) and Liberty Media Corp., (the programming arm of Tele-Communications, Inc.).

Representatives of the four groups announced today that they had signed a letter of intent for the new partnership in which Hallmark Entertainment and The Jim Henson Company will invest an aggregate of $100 million in cash and programming in Odyssey.

Following the investment and a related restructuring, NICC will retain 22.5%, Liberty will own 32.5% and Hallmark Entertainment and The Jim Henson Company will between them own 45% of the common equity of the channel (22.5% each).

The Odyssey Channel is available to more than 30 million homes through 1,500 cable systems, the Primestar direct-to-home satellite service (Channel 84), and C-Band dish owners across the country.

The Odyssey channel will be greatly enhanced when it is relaunched with programming from The Jim Henson Company and Hallmark Entertainment. Hallmark and Henson will make available cable exclusive airings of both original and existing programs that feature the unique combination of high entertainment values and meaningful content that have been the trademark of both companies for the past several decades. In addition to the Henson and Hallmark programming soon to be showcased on the channel, the NICC will continue to showcase the kind of quality entertainment and empowering faith and values programming that has been the established tradition of the Odyssey Channel.

     
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characters are copyright of The Muppets Studio. Sesame Street characters are copyright of Sesame Workshop.
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