Outdoor Channel Holdings Announces Filing of Form 12b-25

Outdoor Channel Holdings Announces Filing of Form 12b-25

TEMECULA, Calif., May 6 /PRNewswire-FirstCall/ -- Outdoor Channel Holdings, Inc. (NASDAQ:OUTD) today announced that it has postponed its 2009 first quarter earnings release and filed a Form 12b-25 (Notification of Late Filing) with the Securities and Exchange Commission with respect to its Quarterly Report on Form 10-Q for the quarter ended March 31, 2009. The Company intends to file its Form 10-Q within the 5-day extension period afforded by SEC Rule 12b-25.

The postponed 2009 first quarter earnings release and late filing are the result of delays Outdoor Channel Holdings has experienced in completing its financial statements for the quarter ended March 31, 2009. The delays are related to the Company's acquisition of the assets of Winnercomm Inc. and its related entities during the quarter and the additional time required to complete the financial statements resulting from, and the presentation of data relating to, the acquisition. As a result, Outdoor Channel was unable to complete its Quarterly Report on Form 10-Q for the period ended March 31, 2009, without the expenditure of unreasonable effort and expenses, as outlined in its Form 12b-25 filing.

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 broadband website. The Company also owns and operates Winnercomm Inc., a leading sports production, program development, and marketing services company, and the patented Skycam and CableCam aerial camera systems. For more information 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) a decrease in advertising revenue as a result of a deterioration in general economic conditions; (4) managing the company's growth and the integration of acquisitions; (5) the company's ability to grow the subscriber base of Outdoor Channel; 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.

Source: Outdoor Channel Holdings, Inc.

CONTACT: For Company: Tom Hornish, Chief Operating Officer,
+1-951-699-6991, ext. 104, thornish@outdoorchannel.com; or For Investors: Brad
Edwards, edwards@braincomm.com; or For Media: Nancy Zakhary,
nancy@braincomm.com, both of Brainerd Communicators, Inc., +1-212-986-6667

Web Site: http://www.outdoorchannel.com/

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