Time Warner spent $1.6M lobbying in first quarter and Gaylord Entertainment Company to Present at the Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference 2008 on Tuesday, June 3, 2008 at 3:00 P.M. ET

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City of Industry, CA --(www.USEquityNews.com)-- 05/21/2008 - Media entertainment industry alert provided by U.S. Equity News. Time Warner Inc., which owns Warner Bros., CNN, AOL and Time magazine, spent more than $1.6 million in the first quarter to lobby on the switch to digital television and other issues, according to a disclosure report. The New York-based company lobbied the federal government on legislation involving consumer education about the February 2009 nationwide transition from analog to digital TV. Time Warner also lobbied on legislation and issues involving high-speed Internet service, "Net neutrality," which is the principle that all Web traffic be treated equally, patent reform, online child safety, data security, spyware, taxes and free trade.


Digital mapmaker Navteq Corp. said recently it expanded its agreement with AOL-owned MapQuest to provide it access to all of the 73 countries in its map database, as well as future country releases. Financial terms were not disclosed. Navteq previously had access to about 63 countries, according to a company spokeswoman. MapQuest will use Navteq data in its Internet and mobile applications.

Gaylord Entertainment Company (NYSE:GET) announced recently that it will present to attendees of the Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference 2008 being held at the Goldman Sachs Convention Center in New York, NY, on Tuesday, June 3, at 3:00 p.m. ET. David C. Kloeppel, executive vice president and chief financial officer for Gaylord Entertainment, will communicate the Company's recent financial performance, growth objectives and business strategy. The presentation will be webcast and can be accessed on Gaylord's website at http://ir.gaylordentertainment.com.

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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