TMZ identifies 14-year-old alleged sex crime victim and Record Participation in Disney's Environmentality Challenge

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City of Industry, CA --(www.USEquityNews.com)-- 05/02/2008 - Media entertainment industry alert provided by U.S. Equity News. Breaking with standards widely followed by the mainstream news media, the celebrity Web site TMZ (NYSE: TWX) posted a story Wednesday about a 14-year-old who's a movie star's son and an alleged sex crime victim, and it ran the boy's picture. The story said the boy was in a relationship with a 22-year-old woman, whose ex-boyfriend tipped off police that she was having sex with a minor. Police have opened an investigation, the story said. Almost all news organizations refrain from identifying sex crime victims, let alone show their picture, because of the stigma often attached to it, said Kelly McBride, ethics group leader at the journalism think tank Poynter Institute.


Gaylord Entertainment Co. (NYSE: GET) said Thursday it swung to a first-quarter loss because of an impairment charge and increased preopening costs. The lodging company reported a loss of $7.3 million, or 18 cents per share, compared with a profit of $3.5 million, or 8 cents per share, a year earlier. Loss from continuing operations was $6.8 million, or 17 cents per share, compared with income from continuing operations of $657,000, or 2 cents per share. Analysts polled by Thomson Financial predicted a loss of 14 cents per share.

A record number of kids worldwide participated in this year's Disney's (NYSE: DIS) Environmentality Challenge, a friendly competition among fifth grade classes to develop solutions for critical environmental issues. Around 150,000 kids in the United States, Cayman Islands and Hong Kong, the three locales where the challenge takes place, were asked to identify and develop solutions for local environmental problems. The challenge builds educational curriculum into the project, giving kids the opportunity to learn the same content as other fifth graders in an interactive and fun way.

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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