Bob Iger, President and Chief Executive Officer, The Walt Disney Company, to Speak at the 2008 Bernstein Strategic Decisions Conference and Carmike up as 1Q results meet analysts' estimates

Share: 

City of Industry, CA --(www.USEquityNews.com)-- 05/14/2008 - Media entertainment industry alert provided by U.S. Equity News. Bob Iger, president and chief executive officer, The Walt Disney Company (NYSE: DIS) will participate in a question-and-answer session at the 2008 Bernstein Strategic Decisions Conference on Wednesday, May 28, 2008, at approximately 10:00 a.m. EDT/7:00 a.m. PDT. To listen to a live audio Webcast of the session, please point your browser to www.disney.com/investors approximately five minutes prior to the start time. A re-play will be provided through Wednesday, June 11, 2008, at 4:00 p.m. PDT.


Rentrak Corporation (NASDAQ: RENT) recently announced it has entered into a multi-year deal with Knology Inc., a leading provider of business and residential communications and entertainment services throughout the Southeast and South Dakota. Knology is ranked 17th out of the top-25 ranked operators and is committed to bringing the most innovative and state-of-the-art products available to consumers. The partnership with Rentrak utilizes the company's leading measurement services as Knology expands its VOD services. Knology serves both residential and business customers with one of the most technologically advanced broadband networks in the country, including over 200 channels of digital cable TV and also provides advanced communications services, such as video-on-demand (VOD), subscriber video-on- demand (SVOD), digital video recorders (DVR), High-Definition Television (HDTV), IP Centrex and Passive Optical Network services (PON).

Shares of Carmike Cinemas Inc. (NASDAQ: CKEC) jumped recently after the movie theater operator reported a first-quarter loss, but met Wall Street's expectations. Late Monday, Carmike posted a loss of 34 cents per share -- matching analysts' expectations -- due to increased expenses and some box office weakness. Quarterly revenue rose 8 percent to $117.8 million, and topped Wall Street's target of $112 million, according to analysts polled by Thomson Financial. Jeffrey Logsdon, an analyst with BMO Capital Markets, said in a client note that the Columbus, Ga.-based company benefited from "significant" ticket price increases for the "Hannah Montana/Miley Cyrus: Best of Both Worlds" film.

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.

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.

Contact Information:
U.S. Equity News
Tel: (626) 961-8039
Email: info@usequitynews.com

Comments:
Disclaimer: User Comments do not reflect the views of US Equity News, and we are not responsible for the content of users' comments. We also reserve the right to edit or delete comments to our discretion.

---