Exhibit 21.1
GAIAM, INC.
SUBSIDIARIES
Subsidiaries | State or Country of Incorporation or Registration | |
| Conscious Media, Inc. | State of Colorado | |
| Gaiam Americas, Inc. | State of Colorado | |
| Gaiam.com, Inc. | State of Colorado | |
| Gaiam Direct, Inc. | State of Colorado | |
| Gaiam Holdings, Inc. | State of Colorado | |
| Gaiam International B.V. (1) | The Netherlands | |
| Gaiam International C.V. (2) | The Netherlands | |
| Gaiam International, Inc. | State of Colorado | |
| Gaiam International II, Inc. | State of Colorado | |
| Gaiam International III, Inc. | State of Colorado | |
| Gaiam PTY (7) | Australia | |
| Gaiam Shared Services, Inc. | State of Colorado | |
| Gaiam Travel, Inc. | State of Colorado | |
| GT Direct, Inc. | State of Colorado | |
| Natural Habitat, Inc. (6) | State of Colorado | |
| Real Goods Energy Tech, Inc. (3) | State of Colorado | |
| Real Goods Solar, Inc. (4) | State of Colorado | |
| Real Goods Trading Corporation (5) | State of California | |
| Spiritual Cinema, Inc. | State of Colorado | |
| SPRI Products, Inc. | State of Illinois |
All subsidiaries are 100% owned by Gaiam, Inc. except as noted:
| (1) | 100% owned by Gaiam International CV |
| (2) | 80% owned by Gaiam International, Inc., 10% owned by Gaiam International II, Inc., 10% owned by Gaiam International III, Inc. |
| (3) | 100% owned by Real Goods Solar, Inc. |
| (4) | 55% owned by Gaiam, Inc. |
| (5) | 100% owned by Real Goods Energy Tech, Inc. |
| (6) | 51.3% owned by Gaiam Travel, Inc. |
| (7) | 50.01% owned by Gaiam International BV |
This list omits subsidiaries which, considered in the aggregate, would not constitute a significant subsidiary.