--(www.USEquityNews.com)-- 07/10/2008 - Broadcasting industry alert provided by U.S. Equity News. Corus Entertainment Inc. (NYSE: CJR) announced its third quarter financial results recently, led by continued revenue growth from its broadcasting businesses. "This was another strong quarter for Corus Entertainment meeting our expectations," said John Cassaday, President and CEO of Corus Entertainment Inc. "Once again, we delivered excellent results from our Television division; solid revenue performance from all of our divisions; and continued excellent overall cost control. We remain very optimistic about our outlook, particularly given the growth opportunities in the expanding women's segment of specialty television and continued strong economic performance in western Canada, supporting our radio and premium television businesses."
Spanish Broadcasting System, Inc. (NASDAQ: SBSA) will announce its financial results for the second quarter ended June 30, 2008 on Thursday, August 7, 2008 before U.S. market hours. The Company will host a conference call to discuss second quarter 2008 financial results on August 7, 2008 at 2:00 p.m. ET. To access the teleconference, please dial (973) 935-2407 ten minutes prior to the start of the call and reference passcode 54854071. A live webcast of the teleconference will be available on the investor section of the Company's corporate Web site at www.spanishbroadcasting.com/webcasts.shtml.
Entercom Communications Corp. (NYSE: ETM) announced recently that it will release second quarter 2008 financial results before the market opens on Monday, August 4, 2008. Entercom will hold a conference call regarding the quarterly earnings release on Monday, August 4, 2008 at 10:00 AM Eastern Time. The public may access the conference call by dialing 888-889-0278 (passcode: Entercom). A replay of the conference call will be available through August 11, 2008 by dialing 888-566-0649. A webcast of the conference call will be available beginning six hours after the call on the Company's website for a period of two weeks. Entercom Communications' website is located at www.entercom.com.
247MGI, Inc. (OTC: TOFS) is pleased to announce it has been working to help resolve pending and past legal actions against the company. The Company is pleased to announce the pending issue with Dr. Martin Peskin has been resolved and a settlement agreement has been entered into and filed with the courts. The Company currently does not have any pending legal actions at this time and is working to resolve matters resulting from a prior Stock Purchase Agreement the Company entered into in 2003 to avoid any further legal action. With no pending legal actions 247MGI has been in talks with several candidates to join the Company as Officers and Directors.
About U.S. Equity News
U.S. Equity News provides information, resources and news services for investors of small-cap, micro-cap and emerging companies. U.S. Equity News distributes RSS news feeds and a free subscription-based newsletter available through its website at www.usequitynews.com.
U.S. Equity News is a financial news distribution service by Equity Solutions, Inc. (www.equityirsolutions.com) that provides a platform for public companies to disseminate important news to key Wall Street interest such as shareholders and new investors. Equity Solutions, Inc. can assist by providing an effective increase in the awareness of a public company's news, development and corporate story through its proprietary network and its financial portal. U.S. Equity News and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.USEquityNews.com.
