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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 7v8DC373ztOaLwTEWtvwsw==

<SEC-DOCUMENT>0001179110-09-016097.txt : 20091201
<SEC-HEADER>0001179110-09-016097.hdr.sgml : 20091201
<ACCEPTANCE-DATETIME>20091201191845
ACCESSION NUMBER:		0001179110-09-016097
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20091130
FILED AS OF DATE:		20091201
DATE AS OF CHANGE:		20091201

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OUTDOOR CHANNEL HOLDINGS INC
		CENTRAL INDEX KEY:			0000760326
		STANDARD INDUSTRIAL CLASSIFICATION:	CABLE & OTHER PAY TELEVISION SERVICES [4841]
		IRS NUMBER:				330074499
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		43445 BUSINESS PARK DRIVE
		STREET 2:		SUITE 103
		CITY:			TEMECULA
		STATE:			CA
		ZIP:			92590
		BUSINESS PHONE:		(951) 699-6991

	MAIL ADDRESS:	
		STREET 1:		43445 BUSINESS PARK DRIVE
		STREET 2:		SUITE 103
		CITY:			TEMECULA
		STATE:			CA
		ZIP:			92590

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GLOBAL OUTDOORS INC
		DATE OF NAME CHANGE:	19960729

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GLOBAL RESOURCES INC /AK/
		DATE OF NAME CHANGE:	19950815

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MUSK OX INVESTMENTS L P
		CENTRAL INDEX KEY:			0001285181
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-17287
		FILM NUMBER:		091215809

	BUSINESS ADDRESS:	
		STREET 1:		C/O OUTDOOR CHANNEL HOLDINGS INC
		STREET 2:		43445 BUSINESS PARK DRIVE STE 113
		CITY:			TEMECULA
		STATE:			CA
		ZIP:			92590
		BUSINESS PHONE:		9096994749

	MAIL ADDRESS:	
		STREET 1:		C/O OUTDOOR CHANNEL HOLDINGS INC
		STREET 2:		43445 BUSINESS PARK DRIVE STE 113
		CITY:			TEMECULA
		STATE:			CA
		ZIP:			92590
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4 -
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-11-30</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000760326</issuerCik>
        <issuerName>OUTDOOR CHANNEL HOLDINGS INC</issuerName>
        <issuerTradingSymbol>OUTD</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001285181</rptOwnerCik>
            <rptOwnerName>MUSK OX INVESTMENTS L P</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O OUTDOOR CHANNEL HOLDINGS, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>43445 BUSINESS PARK DRIVE, SUITE 103</rptOwnerStreet2>
            <rptOwnerCity>TEMECULA</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>92590</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2009-11-30</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>3000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>5.8217</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2804279</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2009-12-01</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>30659</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>5.9321</value>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2773620</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">This transaction was executed in multiple trades at prices ranging from $5.80 to $5.86. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.</footnote>
        <footnote id="F2">This transaction was executed in multiple trades at prices ranging from $5.80 to $6.19. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Perry T. Massie and Thomas H. Massie, General Partners of Musk Ox Investments, L.P., by Thomas E. Hornish, Attorney-in-Fact</signatureName>
        <signatureDate>2009-12-01</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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