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Published on 1/22/2009 in the Prospect News Special Situations Daily.

DirecTV says it has 7.2% equity stake in Crown Media

By E. Janene Geiss

Philadelphia, Jan. 22 - The DirecTV Group, Inc. reported a 7.2% investment in Crown Media Holdings, Inc. as of Dec. 31, according to an SC 13G filing with the Securities and Exchange Commission.

That represents a passive stake of 5,360,202 shares.

Crown is a Studio City, Calif.-based owner and operator of cable television channels.


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