Monster Worldwide Schedules Conference Call and Webcast to Discuss Third Quarter 2008 Financial Results and Only Actionable Information on Network and Application Performance Prevents Disruption of Business Processes
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City of Industry, CA --(www.USEquityNews.com)-- 10/10/2008 - Entertainment industry alert provided by U.S. Equity News. Monster Worldwide, Inc., (NASDAQ: MNST) recently announced that the Company will release third quarter financial results for the period ended September 30, 2008, on Thursday, October 30, 2008 following the close of the market. On the same day, management will conduct a live conference call to be broadcast simultaneously over the Internet to review the Company's financial results and market trends. Sal Iannuzzi, Chairman and Chief Executive Officer, and Tim Yates, Executive Vice President and Chief Financial Officer, will host the call. The conference call is scheduled for 5:00 p.m. ET on Thursday, October 30, 2008. Individuals wishing to participate can join the conference call by dialing (888) 551-5973 at 4:50 p.m. and referencing conference ID#: 68058316. Those outside the United States should dial (706) 643-3467. Monster Worldwide's quarterly conference call can also be accessed online through the investor information section of the Company's website.
XFMedia (Nasdaq: XFML), a leading media group in China, announced recently that it has signed an agreement to acquire a company that gives it a significant interest in four digital pay TV channels with nationwide coverage in China. Under the Agreement, XFMedia will acquire a company that has an interest in Tianjin Shidai Tianchuang Co. Ltd. ("Shidai Tianchuang"), which operates the four digital pay channels. Shidai Tianchuang intends to apply for government approval to reposition the channels to further expand their reach into China's upwardly mobile demographic. The number of households in China with digital pay TV connections grew to 27.3 million last year from 12.9 million in 2006, according to a report by Informa Telecoms and Media Group on China's media industry. The report predicts that the number of digital pay TV households will rise to 123 million by 2013, accounting for half of all digital pay TV connections in the Asia Pacific region at that time, when the region's pay TV market is forecasted to be worth US$45 billion. Morgan Stanley, in a report published in June 2008, said China's digital TV industry has entered a "hyper growth phase". The Morgan Stanley report said: "As most Chinese people have gradually satisfied their needs for food and shelter, they hunger for high-quality media content Going forward, the media industry will likely see the fastest growth in consumer demand and wealth creation in China."
"The Value of Network and Application Visibility: Improving the Usability of Performance Data," a new benchmark report by Aberdeen Group, a Harte-Hanks Company (NYSE:HHS), found that even though 85% of organizations increased the amount of network and application performance data collected over the last two years, only 41% of these organizations improved their ability to prevent issues with network and application performance over the same period of time. The report also reveals that Best-in-Class organizations are, on average, spending $146 per user annually on labor cost to manage network and application performance while all other organizations are spending $253 per user annually. "The research shows that 44% of organizations that increased the amount of data collected on network and application performance over the last two years experienced no improvements in their ability to prevent performance issues," comments Bojan Simic, research analyst, Aberdeen. "This poses the question: Is a basic ability to monitor and analyze network and applications associated with any operational and business benefits for end-user organizations? The answer is: Not necessarily. As complexity of managing network performance is increasing, the key for gaining benefits from achieving full visibility into network and application performance is not in the quantity of performance data collected, but in developing capabilities that would allow organizations to improve usability of this information."
Archer Entertainment Media Communications, Inc. (Other OTC:AEMC.PK) (www.archeremc.com) (ISIN US039490107) revealed recently that it has officially started up its motion picture division by researching film locations and logistics for the forthcoming filming of their debut epic movie, "Kings of the Sea," in Thailand. Michael Selsman, Archer CEO, said that Archer will work closely with government officials and the Thailand Government Film Office in negotiations for sites, film crews and local casting. "This is the first of what is planned to be a 10-picture production schedule we will be producing over the next six years in various locations utilizing international tax treaty financing," Selsman noted. David Wardlow, Archer President of Production, will oversee all aspects of the venture. "Visually one of the most exciting places on the planet, the islands in the Andaman Sea in Western Thailand offer dramatic scenery and calm waters as well as a low-cost friendly filming environment," he observed.
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