Siegel, Humbard Team Up to Create Gospel Net4/22/2004 3:45 AM Eastern
Cable veterans Charles Humbard and Brad Siegel are combining their talents to launch a new gospel-music-based service set to bow this fall.
Atlanta-based Gospel Music Channel will feature music videos, concerts and events from a number of gospel-music genres, including rock, country, adult contemporary, praise and worship and inspirational.
The network is hoping to tap into the fast-growing gospel-music business. More than 80 million people listen to gospel music in the United States, and total record sales have grown 62% between 1996-2001, according to the network.
“Gospel music has a large and passionate fan base, which is critical to launching a new service,” said Siegel, formerly president of Turner Broadcasting System Inc.’s entertainment networks.
The network has already signed a digital-basic-carriage agreement with Cox Communications Inc., said Humbard, who most recently served as senior vice president and general manager at Discovery Networks U.S.
He added that the network is offering a licensing-fee-based rate card, although he would not reveal specific details.
Private-equity firms Alpine Equity Partners LP and Constellation Ventures will finance the independently owned network, although neither Siegel nor Humbard would reveal its start-up costs.