--(www.USEquityNews.com)-- 05/30/2008 - Broadcasting industry alert provided by U.S. Equity News. Beasley Broadcast Group, Inc. (NASDAQ: BBGI), a large- and mid-size market radio broadcaster, today announced that its Board of Directors declared a quarterly cash dividend of $0.0625 for each share of its Class A and Class B common stock. The dividend is payable on July 17, 2008, to shareholders of record on June 30, 2008. While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion.
SIRIUS Satellite Radio (NASDAQ: SIRI) announced today that it will be the exclusive satellite radio broadcaster of the 2008 UEFA European Football Championship, commonly known as Euro 2008, offering both English and Spanish-language broadcasts to listeners nationwide. SIRIUS will broadcast every match of UEFA Euro 2008, kicking off Saturday, June 7 with live play-by-play of Switzerland v. Czech Republic at 12:00 pm ET, followed by Portugal v. Turkey at 2:45 pm ET. Euro 2008 matches will air on ESPN All Access, SIRIUS channel 121 throughout the tournament.
247MGI, Inc. (OTC: TOFS) ("247MGI") is pleased to announce that Smallcap Rapp(TM) will feature four new companies next week and Howard Ullman, CEO for CHDT Corp., has agreed to be the first video client of Smallcap Rapp. The audio only interview has been canceled for tomorrow and a new date will be announced next week for the video interview. One of many new voices to come will be featured on this broadcast. 247MGI has placed a Paypal link on its website to raise money to send calling cards to our troops. Please donate whatever you can so our men and women of the military can do what we do everyday, call home!
Emmis Communications Corporation (NASDAQ: EMMS) announced that its Board of Directors declared a dividend for its 6.25% convertible preferred stock , with a record date of July 1, 2008 and a payable date of July 15, 2008. The per share dividend for the quarter is $.78125. One share of Emmis preferred stock is convertible to 2.44 shares of Emmis Class A Common Stock using the conversion price of $20.495 a share.
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