The Chronicles of Narnia: Prince Caspian Product Line Brings Action & Adventure to Life and Playboy Enterprises, Inc. Reports First Quarter 2008 Results

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City of Industry, CA --(www.USEquityNews.com)-- 05/06/2008 - Media entertainment industry alert provided by U.S. Equity News. The timeless and fascinating Narnia series has been captivating fans and collectors for over 50 years, and on May 16th Walt Disney Pictures (NYSE: DIS) and Walden Media are bringing the world of Narnia back to the big screen with the release of The Chronicles of Narnia: Prince Caspian. In conjunction with the film release, Disney Consumer Products announces an all new exciting product line which focuses on quality and authenticity. The toy range has impressive detail and industry leading points of articulation and features. "The Narnia Prince Caspian product line gives fans the opportunity to be immersed in the world of Narnia, and with the action figures, swords, playsets and video game, they can recreate the adventure in a fun and dynamic way," said Eva Steortz, vice president, Global Franchise Development, boys and film, Disney Consumer Products.


Nexstar Broadcasting Group, Inc. (NASDAQ: NXST) announced recently the appointment of Timothy Busch, 45, and Brian Jones, 48, to the additional positions of Co-Chief Operating Officer. Messrs. Busch and Jones will replace current COO, Duane Lammers, who is leaving the Company to pursue other interests. The changes are effective June 1, 2008. Tim Busch and Brian Jones bring extensive broadcast industry experience and deep knowledge of Nexstar's stations, markets and operating philosophy to their new positions. In their new roles, they will retain regional operating responsibilities while overseeing all facets of Nexstar's current television station and online operations and developing new revenue opportunities for Nexstar which further leverage the value of the Company's local station programming and content.

Playboy Enterprises, Inc. (PEI) (NYSE: PLA) recently reported a net loss for the first quarter ended March 31, 2008, of $3.1 million, or $0.09 per basic and diluted share, on revenues of $78.5 million. Revenues were down 8% compared with the prior-year quarter due primarily to continued structural and economic pressures on the company's domestic media businesses. While international licensing and media operations provided some offset, first quarter 2008 segment income declined to $0.1 million, compared to $3.9 million in last year's first quarter. Playboy's net loss for the first quarter included approximately $1.1 million in charges related to restructuring and severance expense and approximately $0.4 million in unrealized losses on foreign currency contracts.

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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