Word on the Street: President of Crown Media, Bill Abbott, leaving Hallmark

As I am trying to stick with my blogging schedule, I’ve been looking for movie news stories that aren’t Hallmark related. That’s because I want to show my readers and followers that 18 Cinema Lane is not limited to one area of film. However, this story was too big to pass up. This week, Bill Abbott, one of the business leaders of Hallmark, stepped down from his presidential and CEO position. An explanation for Bill’s departure or a new leader of the company was not revealed as of late January 2020. In response to this latest news, Hallmark Cards’ president and CEO, Mike Perry, stated, “In a time when there is immense competition among television networks and streaming services, it is more important than ever that we find relevant new ways to grow our business and continue to produce high quality programming that resonates with our growing audience”.

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Multiple news outlets have covered this story and have tried connecting it to the commercial controversy that happened last December. However, in my opinion, I’m guessing this recent situation has more factors to it than that. Last year, both the “Miracles of Christmas” and “Countdown to Christmas” line-ups collectively received lower viewership numbers than the previous year. Most of Hallmark Channel’s movies adopt repetitive story-telling, giving projects a sense of predictability. In 2019, Hallmark experienced several scheduling snafus, which I talked about in an editorial last October. Despite the uncertainty this decision has caused, I’m personally hoping the man or woman to take Bill’s Abbott’s place not only puts the best interests of the customers and fans first when it comes to making business decisions, but also takes creative risks and thinks outside the box. It’s unclear how Mike Perry and the overall Hallmark company define “relevant new ways”, but I’m guessing these definitions will be presented to viewers in a matter of time.

 

What are your thoughts on this latest news? How do you think this will affect Hallmark’s entertainment projects? Share your thoughts in the comment section!

 

Have fun at the movies!

Sally Silverscreen

 

Here are the links to two of the many articles discussing this story, as well as the editorial I referenced in this Word on the Street post:

https://www.hollywoodreporter.com/live-feed/hallmark-exec-bill-abbott-1272125

https://www.streetinsider.com/dr/news.php?id=16360467

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