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What Happened to Hallmark Cards, Inc.?

Hallmark Cards, Inc. is a privately held, family-owned American company that has evolved from a greeting card manufacturer into a diversified global enterprise. Beyond its iconic cards, Hallmark's portfolio includes Crayola, Hallmark Media (encompassing the Hallmark Channel and streaming service Hallmark+), and the Crown Center real estate development. The company continues to adapt to digital trends while maintaining its core mission of fostering connections through various products and entertainment offerings.

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Quick Answer

Hallmark Cards, Inc. remains a privately held, family-owned company, continuing its legacy as a leading greeting card manufacturer while significantly diversifying its business. As of 2026, it operates a robust media division, Hallmark Media, which includes the popular Hallmark Channel and its streaming service, Hallmark+, featuring new original series and movies. The company is actively engaged in strategic partnerships, product innovations, and community initiatives, including a major collaboration with the Kansas City Royals for a new stadium at its Crown Center development.

📊Key Facts

Founded
1910
Hallmark Corporate Information
Headquarters
Kansas City, Missouri, U.S.
Forbes
Ownership
Privately held, family-owned (Hall family)
Matrix BCG
CEO
Mike Perry
Forbes
Executive Chairman
Donald J. Hall Jr.
Matrix BCG
Revenue (2025)
$3.5 billion
Forbes
Employees (2026)
20,000
Forbes
Number of locations (2025)
1,146 stores
Wikipedia

📅Complete Timeline14 events

1
1910Critical

J.C. Hall Founds Company

Joyce Clyde Hall arrives in Kansas City, Missouri, and starts a postcard business, laying the foundation for what would become Hallmark.

2
1917Major

Invention of Modern Gift Wrap

Facing a shortage of traditional gift wrap, the Hall brothers begin selling decorative French envelope linings, leading to the 'invention' of modern gift wrap.

3
1928Major

Adoption of 'Hallmark' Brand

The company officially adopts the 'Hallmark' brand name, inspired by goldsmiths' marks of quality, and becomes the first greeting card company to advertise nationally.

4
1951Major

Launch of Hallmark Hall of Fame

Hallmark sponsors a television program for NBC, initiating the 'Hallmark Hall of Fame' and marking the company's entry into broadcast media.

5
1973Major

Introduction of Keepsake Ornaments

Hallmark launches its iconic line of Keepsake Ornaments, which quickly become a popular collectible tradition.

6
1984Major

Acquisition of Crayola

Hallmark acquires Binney & Smith, the company behind the popular Crayola brand, significantly diversifying its product portfolio.

7
2001Major

Hallmark Channel Established

The Hallmark Channel is established, growing into a major cable television network known for its family-friendly programming.

8
May 2016Major

Crown Media Holdings Goes Private

Hallmark takes Crown Media Holdings, the parent company of the Hallmark Channel, private, consolidating its media assets under family ownership.

9
June 26, 2019Major

Mike Perry Appointed CEO

Mike Perry is named President and CEO of Hallmark Cards, Inc., continuing the company's leadership under a non-family executive while the Hall family maintains executive chairman roles.

10
July 11, 2024Major

Launch of Hallmark+

Hallmark announces the launch of Hallmark+, a revamped comprehensive streaming service integrating ad-free viewing with exclusive original content.

11
October 13, 2024Notable

Passing of Donald J. Hall Sr.

Donald J. Hall Sr., former CEO and chairman emeritus, who led Hallmark through a significant growth period, passes away.

12
February 25, 2026Notable

Official KC World Cup 2026 Supporter

Hallmark partners with KC2026 as an Official Kansas City World Cup 2026 Host City Supporter, leveraging its brand for global connection.

13
March 2026Major

Hallmark Media Leadership Changes and New Series

Darren Abbott is promoted to President of Hallmark Media, and the network launches its 'When Calls The Heart' sequel, 'Hope Valley: 1874,' on Hallmark+.

14
April 22, 2026Critical

Kansas City Royals Stadium Partnership at Crown Center

The Kansas City Royals announce their intention to move to Crown Center, a joint partnership with Hallmark Cards, which will involve relocating Hallmark's headquarters within the development.

🔍Deep Dive Analysis

Hallmark Cards, Inc. traces its origins to 1910 when 18-year-old Joyce Clyde Hall arrived in Kansas City, Missouri, with two shoeboxes full of postcards, establishing a mail-order business that would eventually become Hall Brothers. A pivotal moment came in 1915 when a fire destroyed his inventory, prompting Hall to begin printing his own greeting cards with envelopes, a significant innovation at the time. The company formally incorporated as Hall Brothers, Inc. in 1923 and adopted the 'Hallmark' brand name in 1928, becoming the first greeting card company to advertise nationally.

The mid-20th century saw Hallmark's significant expansion beyond paper products. In 1951, it launched the 'Hallmark Hall of Fame' television series, marking its entry into broadcast media, which would later evolve into the highly successful Hallmark Channel. The company officially changed its name to Hallmark Cards, Inc. in 1954. Under the leadership of J.C. Hall's son, Donald J. Hall Sr., who took over as CEO in 1966, Hallmark experienced a period of immense growth, introducing popular lines like Keepsake Ornaments in the 1970s and acquiring Binney & Smith (now Crayola, LLC) in 1984, further diversifying its product offerings.

In recent years, Hallmark has focused on adapting to the digital age and evolving consumer preferences. In 2016, Hallmark took Crown Media Holdings, the parent company of the Hallmark Channel, private, consolidating its media assets under family control. Mike Perry assumed the role of President and CEO in 2019, continuing the company's strategic direction. A significant development in July 2024 was the launch of Hallmark+, a revamped streaming service designed to integrate ad-free viewing with exclusive original content and membership benefits, addressing the shift towards digital entertainment consumption.

As of April 2026, Hallmark remains a prominent cultural and business entity. Its media arm, Hallmark Media, continues to produce a robust slate of original movies and series for the Hallmark Channel and Hallmark+, including new series like 'Hope Valley: 1874' and a major holiday film partnership with Walt Disney World. The company is also deeply involved in its Kansas City community, notably partnering with the Kansas City Royals for a new stadium development at Crown Center, which will involve relocating Hallmark's headquarters. Hallmark reported an annual revenue of $3.5 billion in 2025 and employs approximately 20,000 people globally, demonstrating its continued financial strength and market presence.

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People Also Ask

Who owns Hallmark Cards, Inc.?
Hallmark Cards, Inc. is a privately held, family-owned company. The Hall family, descendants of founder Joyce C. Hall, retains primary ownership and significant control over the company's strategic direction.
Can you buy stock in Hallmark Cards?
No, you cannot buy stock in Hallmark Cards, Inc. on public markets. As a privately held company, it does not issue publicly traded shares. There is a separate public entity, Hallmark Financial Services, Inc., but it is not the greeting card company.
What businesses does Hallmark own?
Beyond its core greeting card business, Hallmark's portfolio includes Crayola, LLC (art supplies), Hallmark Media (which operates the Hallmark Channel, Hallmark Movies & Mysteries, and the streaming service Hallmark+), and Crown Center (a real estate development in Kansas City).
What is Hallmark+?
Hallmark+ is Hallmark's comprehensive streaming service, launched in July 2024. It offers ad-free viewing of Hallmark Channel movies and series, exclusive original content, and membership benefits like discounts and rewards.
What are Hallmark's most recent developments in 2026?
In 2026, Hallmark has announced a partnership with the Kansas City Royals for a new stadium at its Crown Center development, which will involve relocating its headquarters. Hallmark Media also saw leadership changes and launched new series like 'Hope Valley: 1874' on Hallmark+, and announced a major film with Walt Disney World.