UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Rule 13d-102)

Information to be Included in Statements Filed
Pursuant to Rule 13d-1(b)(c), and (d) and Amendments thereto
Filed Pursuant to Rule 13d-2(b)

 

(Amendment No. 8)*

Crown Media Holdings, Inc.
(Name of Issuer)
 
 
Common Stock
(Title of Class of Securities)
 
228411104
(CUSIP Number)
 
December 31, 2007
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o Rule 13d-1(b)

o Rule 13d-1(c)

x Rule 13d-1(d)

          * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

          The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


SCHEDULE 13G

Issuer: Crown Media Holdings  
CUSIP No.: 228411104

 
   1.   Names of Reporting Persons.
    I.R.S. Identification Nos. of above persons (entities only).
 
    J.P. Morgan Partners (BHCA), L.P.
 
    13-337-1826
   2.   Check the Appropriate Box if a Member of a Group (See Instructions)
    (a)
 
 
    (b)        
    SEC Use
   3.   Only
    Citizenship or Place of
   4.   Organization               Delaware
        Sole Voting
      5.      Power 3,843,010 (includes Options to purchase 6,390 shares)
   Number of        
   Shares       Shared Voting
   Beneficially 6.      Power
   Owned by Each   Sole Dispositive    
   Reporting 7.      Power
3,843,010 (includes Options to purchase 6,390 shares)
   Person With:                              
        Shared
      8.      Dispositive Power     
    Aggregate Amount Beneficially Owned by Each 3,843,010 (includes Options to
   9.   Reporting Person  
purchase 6,390 shares)
    Check if the Aggregate Amount in Row (9)  
   10.   Excludes Certain Shares (See Instructions)
 
    Percent of Class Represented by Amount in Row       
   11.   (9)       5.1%
   12.   Type of Reporting Person (See Instructions)    
   PN
 
 
 
 
 
 

Page 2 of 10 pages


SCHEDULE 13G

Issuer: Crown Media Holdings  
CUSIP No.: 228411104

Item 1.                      
  (a)            Name of Issuer:
     
    Crown Media Holdings, Inc.
     
  (b) Address of Issuer's Principal Executive Offices:
     
    6430 S. Fiddlers Green Circle
    Englewood, CO 80111
     
     
Item 2.    
  (a) Name of Person Filing:
     
    J.P. Morgan Partners (BHCA), L.P.
     
    Supplemental information relating to the ownership and control of the person filing this
    statement is included in Exhibit 1 attached hereto.
     
  (b) Address of Principal Business Office or, if none, Residence:
     
    270 Park Avenue
    New York, New York 10017
     
  (c) Citizenship:
     
    Delaware
     
  (d) Title of Class of Securities (of Issuer):
     
    Common Stock
     
  (e) CUSIP Number:
     
    228411104

Item 3.            If this statement is filed pursuant to §§ 240. 13d-1(b) or 240. 13d-2(b) or (c), check whether the
  person filing is a:
   
        Not applicable.
   
Item 4. Ownership

                         (a)            Amount Beneficially Owned:
     
    3,843,010 (includes Options to purchase 6,390 shares)
     
  (b) Percent of Class:
     
    5.1% (as of December 31, 2007)
     
  (c) Number of shares as to which such person has:

Page 3 of 10 pages


SCHEDULE 13G

Issuer: Crown Media Holdings  
CUSIP No.: 228411104

                                      (i)           

3,843,010 (includes Options to purchase 6,390 shares)

  (ii)

Not applicable.

  (iii)

3,843,010 (includes Options to purchase 6,390 shares)

  (iv)

Not applicable.

 
Item 5.            Ownership of Five Percent or Less of a Class
   
         Not applicable.
   
Item 6. Ownership of More than Five Percent on Behalf of Another Person
   
         Not applicable.
   
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported
  on By the Parent Holding Company or Control Person
   
         Not applicable.
   
Item 8. Identification and Classification of Members of the Group
   
         Not applicable.
   
Item 9. Notice of Dissolution of Group
   
         Not applicable.
   
Item 10. Certification
   
         Not applicable.

 

 

 

 


Page 4 of 10 pages


SCHEDULE 13G

Issuer: Crown Media Holdings  
CUSIP No.: 228411104

 

SIGNATURE

                       After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 13, 2008

J.P. MORGAN PARTNERS (BHCA), L.P.
 
 
 
By:JPMP Master Fund Manager, L.P., its general
partner
 
By: JPMP Capital Corp., its general partner
 
 
By: /c/ John C. Wilmot
  Name:    John C. Wilmot
  Title: Managing Director

 

 

 

Page 5 of 10 pages


SCHEDULE 13G

Issuer: Crown Media Holdings  
CUSIP No.: 228411104

EXHIBIT 1

               This statement is being filed by J.P. Morgan Partners (BHCA), L.P., a Delaware limited partnership (hereinafter referred to as "JPMP (BHCA)"), whose principal business office is located at 270 Park Avenue, New York, New York 10017. JPMP (BHCA) is engaged in the venture capital and leveraged buyout business. The general partner of JPMP (BHCA) is JPMP Master Fund Manager, L.P., a Delaware limited partnership (hereinafter referred to as "JPMP Master Fund", whose principal business office is located at the same address as JPMP (BHCA), and is also directly or indirectly (through affiliates) engaged in the venture capital and leveraged buyout business. As general partner of JPMP (BHCA), JPMP Master Fund may be deemed to beneficially own the shares held by JPMP (BHCA). The general partner of JPMP Master Fund is JPMP Capital Corp. (formerly known as Chase Capital Corporation), a New York corporation (hereinafter referred to as "JPMP Capital Corp."), whose principal business office is located at the same address as JPMP (BHCA), and is also engaged in the venture capital and leveraged buyout business. Set forth in Schedule A hereto and incorporated herein by reference are the names, business addresses, principal occupations and employments of each executive officer and director of JPMP Capital Corp. As general partner of JPMP Master Fund, JPMP Capital Corp. may be deemed to beneficially own the shares held by JPMP Master Fund.

               JPMP Capital Corp. is a wholly owned subsidiary of JPMorgan Chase & Co. (formerly known as The Chase Manhattan Corporation), a Delaware corporation (hereinafter referred to as "JPMorgan Chase") which is engaged (primarily through subsidiaries) in the commercial banking business with its principal office located at 270 Park Avenue, New York, New York 10017. Set forth in Schedule B hereto and incorporated herein by reference are the names, business addresses, principal occupations and employments of each executive officer and director of JPMorgan Chase.

 

 

 

Page 6 of 10 pages


SCHEDULE 13G

Issuer: Crown Media Holdings  
CUSIP No.: 228411104

SCHEDULE A

 

JPMP CAPITAL CORP.

Executive Officers1

President                                     Ina R. Drew*
Managing Director   Joseph S. Bonocore*
Managing Director   Ana Capella Gomez-Acebo*
Managing Director   John C. Wilmot*
Managing Director and Treasurer   Phillip D. Renshaw-Lewis*
Vice President   William T. Williams Jr.*
Vice President and Assistant Secretary   Judah Shechter*
Vice President and Assistant Secretary   Elizabeth De Guzman*
     

Directors1
Ina R. Drew*
John C. Wilmot*

 

 

 

 

 

 

1                Each of whom is a United States citizen except for Ana Capella Gomez-Acebo who is a citizen of Spain.
* Principal occupation is employee or officer of JPMorgan Chase & Co. Business address is c/o JPMorgan
  Chase & Co., 270 Park Avenue, New York, New York 10017.

Page 7 of 10 pages


SCHEDULE 13G

Issuer: Crown Media Holdings  
CUSIP No.: 228411104

SCHEDULE B

JPMORGAN CHASE & CO.

Executive Officers1

President and Chief Executive Officer   James Dimon*
Chief Administrative Officer   Frank Bisignano *
Co-Chief Executive Officer, Investment Bank   Steven D. Black*
Chief Financial Officer   Michael J. Cavanagh*
Director of Human Resources   John F. Bradley*
Chief Investment Officer   Ina R. Drew *
Head, Commercial Banking   Samuel Todd Maclin*
Head, Strategy and Business Development   Jay Mandelbaum*
Chief Executive Officer, Treasury & Securities Services                                           Heidi Miller*
Head, Retail Financial Services   Charles W. Scharf*
Chief Executive Officer, Card Services   Gordon A. Smith*
Global Head, Asset & Wealth Management   James E. Staley*
Co- Chief Executive Officer, Investment Bank   William T. Winters*
General Counsel   Stephen M. Cutler*
Chief Risk Officer   Barry L. Zubrow*

 

 

 

 


 

 

1                Each of whom is a United States citizen.
* Principal occupation is employee or officer of JPMorgan Chase & Co. Business address is c/o JPMorgan
  Chase & Co., 270 Park Avenue, New York, New York 10017.

Page 8 of 10 pages


SCHEDULE 13G

Issuer: Crown Media Holdings  
CUSIP No.: 228411104

Directors1

Name Principal Occupation or Employment;
  Business or Residence Address
   
Crandall C. Bowles Chairman and Chief Executive Officer
  Spring Global US, Inc.
  c/o JPMorgan Chase & Co.
  270 Park Avenue
   New York, New York 10017
Stephen B. Burke President
  Comcast Cable Communications, Inc.
  c/o JPMorgan Chase & Co.
  270 Park Avenue
   New York, New York 10017
James S. Crown President
  Henry Crown and Company
  c/o JPMorgan Chase & Co.
  270 Park Avenue
  New York, New York 10017
David M. Cote Chairman and Chief Executive Officer
  Honeywell International Inc.
  c/o JPMorgan Chase & Co.
  270 Park Avenue
  New York, New York, 10017
   
James Dimon Chief Executive Officer
  JPMorgan Chase & Co.
  270 Park Avenue, 8th Floor
  New York, New York 10017-2070
Ellen V. Futter President and Trustee
  American Museum of Natural History
  c/o JPMorgan Chase & Co.
  270 Park Avenue
  New York, New York 10017
William H. Gray, III Retired President and Chief Executive Officer
  The College Fund/UNCF
  c/o JPMorgan Chase & Co.
  270 Park Avenue
  New York, New York 10017


 

 

1                Each of whom is a United States citizen.
* Principal occupation is employee or officer of JPMorgan Chase & Co. Business address is c/o JPMorgan Chase & Co., 270
  Park Avenue, New York, New York 10017.

Page 9 of 10 pages


SCHEDULE 13G

Issuer: Crown Media Holdings  
CUSIP No.: 228411104

Name Principal Occupation or Employment;
  Business or Residence Address
   
Laban P. Jackson, Jr. Chairman and Chief Executive Officer
  Clear Creek Properties, Inc.
  c/o JPMorgan Chase & Co.
  270 Park Avenue
  New York, New York 10017
Lee R. Raymond Chairman of the Board and Chief Executive Officer
  Exxon Mobil Corporation
  c/o JPMorgan Chase & Co.
  270 Park Avenue
  New York, New York 10017
Robert I. Lipp Chairman
  The St. Paul Travelers Companies, Inc.
  c/o JPMorgan Chase & Co.
  270 Park Avenue
  New York, New York 10017
David C. Novak Chairman and Chief Executive Officer
  Yum! Brands, Inc.
  c/o JPMorgan Chase & Co.
  270 Park Avenue
  New York, New York 10017
William C. Weldon Chairman and Chief Executive Officer
  Johnson & Johnson
  c/o JPMorgan Chase & Co.
  270 Park Avenue
  New York, New York 10017

 

 

 

 

Page 10 of 10 pages