Archer Entertainment Media Communications to Debut New Advertiser-Supported Internet Radio Station and Cinemark Holdings, Inc. Reports Results for Third Quarter 2008 and Declares Quarterly Cash Dividend

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City of Industry, CA --(www.USEquityNews.com)-- 11/11/2008 - Entertainment industry alert provided by U.S. Equity News. Archer Entertainment Media Communications, Incorporated (OTC: AEMC) www.archeremc.com (ISIN US039490107) announced today it is planning to launch AEMC Hollywood Radio, its new ad-driven Internet radio station aimed at the young audience World wide. In Beta testing at present, AEMC Hollywood Radio will go live around mid-December 2008 in a 24-hour, seven-day weekly mode with programming for ages 9 to 25. John Gelwicks, Archer's President, Digital Entertainment unit, and rap star and DJ, Kenny Kingpin, will supervise the station's catalog, including Hip Hop, "Bubble Gum," Rock n' Roll, and non-offensive, non-gangster Rap. Archer's station will feature regular and celebrity guest DJs from America, Europe and Asia.


Image Entertainment, Inc. (Nasdaq: DISK), a leading independent licensee, producer and distributor of filmed entertainment programming in North America, announced today that it has acquired all U.S. rights to the film "Management" starring Jennifer Aniston, Steve Zahn and Woody Harrelson from Sidney Kimmel Entertainment. Under the agreement, Image has secured all theatrical, home video, digital, television and pay-per-view rights for the U.S. Image will release the film theatrically in major markets across the country in Spring 2009. The company is in advanced negotiations with Samuel Goldwyn Films to handle domestic distribution.

Cinemark Holdings, Inc. (NYSE: CNK), a leading motion picture exhibitor, today reported results for the three and nine months ended September 30, 2008. Cinemark Holdings, Inc.'s revenues for the three months ended September 30, 2008 increased 1.0% to $476.2 million from $471.5 million for the three months ended September 30, 2007. Admissions revenues increased 0.2% and concession revenues increased 1.2%. The increases were primarily related to a 4.5% increase in average ticket prices and a 5.4% increase in concession revenues per patron.

Lionsgate (NYSE: LGF), the leading next generation filmed entertainment studio, continued to demonstrate strong revenue growth and to narrow its EBITDA loss from the previous year, reporting revenues of $380.7 million and EBITDA of negative $39.2 million for the second fiscal quarter (period ended September 30, 2008) compared to $351.7 million in revenues and EBITDA of negative $56.2 million for the prior year's second quarter, the Company announced today.

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