**Exhibit 21.1**

 

**GAIAM, INC.**

 

**SUBSIDIARIES**

 
| **Subsidiaries**                   | ** ** | **State or Country of Incorporation or Registration** |
|------------------------------------|------------|-------------------------------------------------------|
| Conscious Enlightenment, Inc  |       | State of Delaware                                     |
| Conscious Media, Inc.(1)      |       | State of Colorado                                     |
| Gaiam Americas, Inc.          |       | State of Colorado                                     |
| Gaiam.com, Inc.               |       | State of Colorado                                     |
| Gaiam Direct, Inc.            |       | State of Colorado                                     |
| Gaiam Energy Tech, Inc.(2)    |       | State of Colorado                                     |
| Gaiam Holdings, Inc.          |       | State of Colorado                                     |
| Gaiam International B.V.(3)        |       | The Netherlands                                       |
| Gaiam International C.V.(4)        |       | The Netherlands                                       |
| Gaiam International, Inc.     |       | State of Colorado                                     |
| Gaiam International II, Inc.  |       | State of Colorado                                     |
| Gaiam International III, Inc. |       | State of Colorado                                     |
| Gaiam Limited(5)                   |       | United Kingdom                                        |
| Gaiam Shared Services, Inc.   |       | State of Colorado                                     |
| Gaiam Travel, Inc.            |       | State of Colorado                                     |
| GT Direct, Inc.               |       | State of Colorado                                     |
| Lime, Inc                          |       | State of Colorado                                     |
| Newmark Media, Ltd.                |       | State of Illinois                                     |
| Real Goods Carlson, Inc.(6)   |       | State of California                                   |
| Real Goods Marin, Inc.(7)     |       | State of California                                   |
| Real Goods Solar, Inc.        |       | State of Colorado                                     |
| Real Goods Trading Corporation(7)  |       | State of California                                   |
| Spiritual Cinema, Inc.(8)     |       | State of Colorado                                     |
| Zaadz, Inc.                   |       | State of California                                   |

 

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All subsidiaries are 100% owned by Gaiam, Inc. except as noted:

 

(1) 99.8% owned by Gaiam, Inc.

(2) 100% owned by Real Goods Solar, Inc.

(3) 100% owned by Gaiam International CV

(4) 80% owned by Gaiam International, Inc.,10% owned by Gaiam International II, Inc., 10% owned by GaiamInternational III, Inc.

(5) 50.1% owned by Gaiam, Inc.

(6) 88.4% owned by Gaiam Energy Tech, Inc.

(7) 100% owned by Gaiam Energy Tech, Inc.

(8) 85% owned by Gaiam, Inc.

 

This list omits subsidiaries which, considered in the aggregate, wouldnot constitute a significant subsidiary.

 

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