--(www.USEquityNews.com)-- 03/24/2008 - Media entertainment industry alert provided by U.S. Equity News. Gemstar-TV Guide International, Inc. (NASDAQ: GMST), a leading media, entertainment and technology company, announced recently that it has signed a patent license agreement with Humax Co., Ltd., one of the world's leading set-top box manufacturers. The multi-year agreement includes a patent license allowing Humax to incorporate interactive program guides (IPGs) in retail digital set-top boxes that are distributed throughout Europe. The patent license also extends to digital televisions and digital recording devices deployed by Humax. Specific terms of the agreement were not otherwise disclosed.
WORLDSPACE(R) Satellite Radio (NASDAQ: WRSP), one of the world leaders in satellite-based digital radio services, recently announced it has received approval from Switzerland's Office F?d?ral de la Communication (OFCOM) to operate terrestrial repeaters that will work in conjunction with its existing satellite network to provide Swiss consumers with a subscription-based satellite radio service. WORLDSPACE Satellite Radio will use the 12.5 MHz of L-band frequency (1479.5 to 1492 MHz) harmonized for satellite radio in Europe and for which WORLDSPACE has priority rights throughout Europe, the Middle East and Africa. The Company plans to offer a mobile service as early as 2009 on the continent, beginning with Italy; and in Bahrain and United Arab Emirates (UAE) - places where WORLDSPACE has already received authorization to launch its satellite/terrestrial hybrid radio service.
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EPIC Corporation (OTC: EPIO), a multi-media communications and broadcasting company, announced recently that it has entered into a three year exclusive international TV distribution rights agreement with U.S. Pro Golf Tour Presented by SportsQuest ("USPGT"), a wholly owned subsidiary of Greens Worldwide Incorporated. Under the terms of the agreement EPIC and the USPGT will cooperate with each other to produce, market and distribute USPGT programming of its Tour events to all international markets outside of the United States territories beginning in 2009 and continuing through 2011. This agreement allows for the distribution of up to ten USPGT events per year throughout the length of the agreement.
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