Festival was an American premium cable television network that was owned by Home Box Office, Inc., then a subsidiary of Time Inc., and operated from 1986 to 1988.

The channel's programming consisted of uncut and re-edited versions of recent older theatrically released motion pictures, along original music, comedy and nature specials sourced from the parent HBO channel aimed at a family audience.

On April 1, 1986, HBO began test-marketing a tertiary premium service, Festival, to an estimated 850 subscribers over six cable systems owned by then-sister company American Television and Communications Corporation (eventually expanding to 25 systems by the Summer of 1986).

[6] Primarily to cater to the former demographic, Festival focused around family-friendly fare that included classic and recent hit movies (including collections of feature films starring a featured actor, known as "Star Salutes"), and documentaries, along with HBO original stand-up comedy, concert, nature and ice skating specials (which Festival branded under the "Centerstage" banner).

Atypical for a premium service, Festival aired "airline-style" versions of R-rated movies re-edited to fit a PG rating on the channel's schedule.