Playboy Expands Digital Strategy With Partnerships to Create Playboy Audience Network and Fisher Communications Announces Continued Revenue Improvement With First Quarter 2008 Results

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City of Industry, CA --(www.USEquityNews.com)-- 04/30/2008 - Media entertainment industry alert provided by U.S. Equity News. Playboy Enterprises, Inc. (PEI) (NYSE: PLA) recently announced a suite of digital partnerships introducing the Playboy Audience Network, which initially will include YouTube(TM), Break, Veoh, Howcast, and Metacafe. Additionally, Playboy entered into a deal with Mixercast, a social advertising and marketing solutions provider, to develop a suite of ad-supported content and contest widgets to bolster these efforts. Through the Audience Network, Playboy will create new levels of engagement for consumers through the distribution of the global brand's lifestyle-video content and also will collaborate with its distribution partners to integrate current and new advertisers into the network.


Shares of CBS Corp. (NYSE: CBS) wobbled Wednesday as Wall Street mulled the company's potential advertising revenue. CBS reported its first-quarter results late Tuesday. Its profit and revenue were a bit better than analysts expected, but the stock wavered as analysts took a cautious stance on advertising revenue. Wachovia analyst Marci Ryvicker downgraded the stock to "Market Perform" from "Outperform," saying the stock will trade around its current levels. She wrote that growing use of digital video recorders and the shift of advertisers toward new media, and away from networks, threatens the growth at CBS' main businesses.

Fisher Communications, Inc. (NASDAQ: FSCI) recently announced its financial results for the quarter ended March 31, 2008. The Company continued its trend of revenue growth. The Company reported that revenue increased 10% for the first quarter of 2008 to a total of $37.7 million, compared to $34.2 million in the first quarter of 2007. Television revenue increased 14% for the first quarter ended March 31, 2008, compared to 2007.

EPIC Corporation (OTC: EPIO) (the "Company"), a multi-media communications and broadcasting company, announced that two shareholders have returned 15 Million shares of EPIC's common stock to the Company and the shares have been cancelled and returned to authorized but unissued shares. The issued and outstanding shares of the Company is now 11,262,023 shares. The Company, in exchange for the cancellation of the shares, agreed to issue the shareholders shares in the newly formed EPIC Communications Corp., a majority owned subsidiary of the Company, which is to become the multi-media communications and broadcasting operating company.

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