-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 NiDIZ3CVJqcvBHqmM1VZvRTfjVo6d0s0keyr5Ct1n3Qqup5utogjtRXgyY6igcmx
 6Vd9iTTDMBVhmPy8E2vsoA==

<SEC-DOCUMENT>0000902664-06-001566.txt : 20060522
<SEC-HEADER>0000902664-06-001566.hdr.sgml : 20060522
<ACCEPTANCE-DATETIME>20060522170851
ACCESSION NUMBER:		0000902664-06-001566
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20060519
FILED AS OF DATE:		20060522
DATE AS OF CHANGE:		20060522

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GAIAM INC
		CENTRAL INDEX KEY:			0001089872
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION [7812]
		IRS NUMBER:				841113527
		STATE OF INCORPORATION:			CO
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		360 INTERLOCKEN BLVD #300
		CITY:			BROOMFIELD
		STATE:			CO
		ZIP:			80021
		BUSINESS PHONE:		3032223600

	MAIL ADDRESS:	
		STREET 1:		360 INTERLOCKEN BLVD #300
		CITY:			BROOMFIELD
		STATE:			CO
		ZIP:			80021

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Prentice Capital Management, LP
		CENTRAL INDEX KEY:			0001326150
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27517
		FILM NUMBER:		06859277

	BUSINESS ADDRESS:	
		STREET 1:		900 THIRD AVENUE, 11TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		(212) 756-8040

	MAIL ADDRESS:	
		STREET 1:		900 THIRD AVENUE, 11TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2006-05-19</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001089872</issuerCik>
        <issuerName>GAIAM INC</issuerName>
        <issuerTradingSymbol>GAIA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001326150</rptOwnerCik>
            <rptOwnerName>Prentice Capital Management, LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>623 FIFTH AVENUE, 32ND FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common A Common Stock (&quot;Common Stock&quot;)</value>
            </securityTitle>
            <transactionDate>
                <value>2006-05-19</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>200000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>17.50</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3538519</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Prentice Capital Management, LP (the &quot;Investment Manager&quot;) serves as investment manager to a number of investment funds
 (including Prentice Capital Partners, LP, Prentice Capital Partners QP, LP, Prentice Capital Offshore, Ltd., Prentice
 Special Opportunities, LP, Prentice Special Opportunities Offshore, Ltd. and Prentice Special Opportunities Master, L.P.)
 and manages investments for certain entities in managed accounts with respect to which it has voting and dispositive
 authority over the Common Stock reported in this Form 4.  Michael Zimmerman (&quot;Mr. Zimmerman&quot;) is responsible for the
 supervision and conduct of all investment activities of the Investment Manager, including, without limitation, for all
 investment decisions with respect to the assets of such investment funds and managed accounts.</footnote>
        <footnote id="F2">The Investment Manager does not directly own any shares of Common Stock.  Mr. Zimmerman personally owns 8,705 shares of
 Common Stock.  After the sale reported hereby, the Investment Manager may be deemed to beneficially own 3,526,814 shares of
 Common Stock held by the investment funds and managed accounts.  Mr. Zimmerman may be deemed to beneficially own 3,538,519
 shares of Common Stock held personally, by The Michael &amp; Holly Zimmerman Family Foundation Inc. and by the investment funds
 and managed accounts.  Each of the Reporting Persons disclaims any beneficial ownership of the shares of Common Stock
 included in this report to the extent such beneficial ownership exceeds such Reporting Person's pecuniary interest.  The
 amount of securities beneficially owned following the reported transactions includes 3,000 shares of Common Stock held by
 The Michael &amp; Holly Zimmerman Family Foundation Inc. and 8,705 shares of Common Stock personally owned by Mr. Zimmerman.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Prentice Capital Management, LP,   /s/ Michael Weiss as Chief Financial Officer</signatureName>
        <signatureDate>2006-05-23</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>jointfiler.txt
<DESCRIPTION>JOINTFILER
<TEXT>
                             Joint Filer Information


NAME: Michael Zimmerman

ADDRESS:  623 Fifth Avenue, 32nd Floor
          New York, New York 10022

DESIGNATED FILER: Prentice Capital Management, LP

ISSUER: Gaiam, Inc.

DATE OF EVENT REQUIRING STATEMENT: May 19, 2006


SIGNATURE:



/s/ Michael Zimmerman
- -----------------------
   Michael Zimmerman
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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