Cinemark Holdings, Inc. Announces Quarterly Cash Dividend and LIONSGATE Casts Vote for QED International's Bush Biopic W, Directed by Oscar(R) Winner Oliver Stone

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City of Industry, CA --(www.USEquityNews.com)-- 05/12/2008 - Media entertainment industry alert provided by U.S. Equity News. Cinemark Holdings, Inc. (NYSE: CNK), a leading motion picture exhibitor, announced recently that its board of directors has declared a cash dividend for its first quarter of fiscal 2008 of $0.18 per share of common stock. The dividend will be paid on June 12, 2008 to stockholders of record on May 30, 2008. The Company intends to pay a regular quarterly dividend at an annual rate equal to $0.72 per share of common stock (or a quarterly rate equal to $0.18 per share of common stock).


Regal Entertainment Group (NYSE: RGC), a leading motion picture exhibitor owning and operating the largest theatre circuit in the United States, recently announced grand opening details for the new Regal Cinemas Walden Galleria Stadium 16. The new theatre will host preview events for three full days to benefit local charities beginning Sunday, May 18. The official grand opening will be Thursday, May 22 with special offers and the latest first-run films. Regal Walden Galleria will also offer a special advance screening of Indiana Jones and the Kingdom of the Crystal Skull Wednesday night at 12:01.

LIONSGATE(R) (NYSE: LGF), the leading independent filmed entertainment studio, announced recently that in a deal with Omnilab Media it has acquired North American distribution rights from QED International to W, a biopic about President George W. Bush directed by Academy Award(R) winner Oliver Stone (WORLD TRADE CENTER, PLATOON, WALL STREET) from a screenplay by Stanley Weiser (WALL STREET). Lionsgate will also distribute W in the U.K., Australia and New Zealand. The announcement was made recently by Lionsgate President of Theatrical Films Tom Ortenberg.

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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