--(www.USEquityNews.com)-- 05/02/2008 - Broadcasting industry alert provided by U.S. Equity News. SIRIUS Satellite Radio (NASDAQ: SIRI) announced recently that legendary singer-songwriter Neil Diamond will host an exclusive music channel for two weeks starting tomorrow, May 2nd, at 12 noon ET on SIRIUS channel 3. "Neil Diamond Radio" will feature Neil Diamond music 24/7, spanning four decades, including a preview of songs from Diamond's highly anticipated new album, Home Before Dark, being released on May 6th. The limited engagement channel will also feature stories and insights from Neil about the many classic songs that have defined his iconic career, as well as his new Rick Rubin-produced album.
At a time when many companies are limiting sales resources, Emmis Communications Corporation (NASDAQ: EMMS) recently announced it has hired Terry Hardin for the newly created position of senior vice president of sales for the company's radio division. "We see this as a critical opportunity. Terry's leadership will be an important step in delivering the best solutions for advertisers," said Radio President Rick Cummings. "His history managing top-market stations demonstrates a great understanding of developing winning strategies and adjusting to changes in the business environment.
Entravision Communications Corporation (NYSE: EVC) recently reported financial results for the three-month period ended March 31, 2008. Historical results, which are attached, are in thousands of U.S. dollars (except share and per share data). The results of our outdoor operations are presented in discontinued operations within the statements of operations in accordance with SFAS 144, "Accounting for the Impairment or Disposal of Long-Lived Assets." This press release contains certain non-GAAP financial measures as defined by SEC Regulation G. The GAAP financial measure most directly comparable to each of these non-GAAP financial measures, and a table reconciling each of these non-GAAP financial measures to its most directly comparable GAAP financial measure, is included beginning on page 7.
247MGI, Inc. (OTCBB: TOFS) ("247MGI") will soon be adding video to its Broadcast services; the Company has been working on integrating video into Smallcap Rapp(TM). The purpose of adding video to Smallcap Rapp(TM) is to allow companies to use visual effects to help tell their story and showcase their products. While on the air we will be able to show pictures, video clips, charts, graphs or any type of graphic a company desires. During the show we will be able to fly in lower third graphics highlighting keys points during the Broadcast. Click here to view a sample video which shows a glimpse of what viewers will see and hear in the near future. With the launch of the Player and video 247MGI will begin offering On Air Conferencing for companies that currently use telephones.
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