Outdoor Channel and Bonnier Corporation Form Multi-Year Strategic Partnership

Outdoor Channel, America's Leader in Outdoor TV, has inked a multi-year strategic partnership with Bonnier Corporation, publishers of the world's most popular outdoor titles including Field & Stream, Outdoor Life and several industry leading marine titles. This partnership brings together the two strongest media brands in the outdoor industry, combining the unique strengths of each for select programming, promotional and online endeavors. Through their combined print, television, online and event properties, the Outdoor Channel and Bonnier Corporation will reach a multi-media audience larger than 57 million, allowing them to become the largest hub for outdoor content in the country.

"Bonnier Corporation's depth of knowledge and experience is legendary in the outdoor publishing world," said Tom Hornish, COO at Outdoor Channel. "Field & Stream has been a cornerstone of the outdoor industry for over a century, and we look forward to working closely together to provide high-quality content on multiple platforms to millions of outdoor enthusiasts across the country. Together, our reach in the outdoor industry is unmatched."

Under the terms of the agreement, the two companies will develop an original series together in 2010. Field & Stream will receive brand integration within an Outdoor Channel original series, and Field & Stream's 2009 and 2010 Total Outdoorsman Challenge franchise will air exclusively on Outdoor Channel.

Additionally, both companies will exchange web content, making Outdoor Channel video and Bonnier editorial content available to more than 12 million unique visitors annually.

Field & Stream and Outdoor Life are the largest, most recognized outdoor publications in the world, and like Outdoor Channel are completely devoted to the outdoor experience and lifestyle. For more than 100 years, Field & Stream and Outdoor Life have provided hunters and fishermen with compelling stories, expert tips and trusted advice through their magazines, websites and events.

"When the strongest media brands in the outdoor industry combine resources it presents a tremendous opportunity to both outdoor consumers and the industry we serve to enjoy more valuable content and greater brand integration," said Eric Zinczenko, Group Publisher of Bonnier Corporation's Outdoor Group. "The Outdoor Channel is the undisputed leader in outdoor programming which makes them the ideal partner for our brands as we move ahead with our goals to provide the best content, regardless of how it is delivered to our dedicated audience of outdoor enthusiasts. We are thrilled to align with them."

About Bonnier Corporation

Bonnier Corp. (www.bonniercorp.com) is one of the largest consumer-publishing groups in America and the leading media company serving passionate, highly engaged audiences through more than 40 special-interest magazines, websites, television properties, and events. Bonnier Corp. is the U.S. division of the Bonnier Group, (www.bonnier.com), a 200-year-old, family-owned media group based in Sweden with business operations in 25 countries, including magazine divisions in Denmark, Norway, Sweden, Finland and Spain.

About Outdoor Channel

Outdoor Channel is America's Leader in Outdoor TV, offering programming that captures the excitement of hunting, fishing, shooting, off-road motorsports, adventure and the Western lifestyle. The network can be viewed on multiple platforms including high definition, video-on-demand, as well as on a dynamic new website. Outdoor Channel is operated by a wholly owned subsidiary of Outdoor Channel Holdings, Inc. (Nasdaq: OUTD). For more information about Outdoor Channel, please visit www.outdoorchannel.com.