Radio One, Inc. Announces That Zemira Z. Jones Has Resigned as Vice President of Operations and Central European Media Enterprises Announces Fourth Quarter and Full-Year 2007 Earnings Release and Teleconference

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City of Industry, CA --(www.USEquityNews.com)-- 02/25/2008 - Media entertainment industry alert provided by U.S. Equity News. Radio One, Inc. (NASDAQ: ROIAK) announced recently that Zemira Z. Jones has resigned as its Vice President of Operations. Alfred C. Liggins, III, Radio One's Chief Executive Officer stated, "I want to thank Zemira for all that he has done for us. He has been a valuable part of our leadership team and I am sure that he will continue to be a part of our family. He is highly respected and I am certain that he will contribute to the radio industry for years to come. He will definitely be missed."


Hearst-Argyle Television, Inc. (NYSE: HTV) recently announced fourth quarter 2007 earnings per diluted share of $0.35 compared to $0.46 and $0.11 in fourth quarter 2006 and 2005, respectively. For the full year, the Company recorded earnings per diluted share of $0.69 compared to $1.06 and $1.08 in 2006 and 2005, respectively. For the quarter ended December 31, 2007, total revenue of $216.6 million was down approximately 8% compared to the quarter ended December 31, 2006, and up approximately 13% compared to the quarter ended December 31, 2005.

Central European Media Enterprises Ltd. (NASDAQ: CETV) announced recently that it will release fourth quarter and full-year 2007 financial results before U.S. market hours on Thursday, February 28, 2008. The company will also host a teleconference to discuss its fourth quarter and full-year 2007 results on Thursday February 28, 2008 at 11 a.m. EST (4 p.m. GMT and 5 p.m. CET). The teleconference will refer to presentation slides which will be available on CME's Web site www.cetv-net.com prior to the call.

EPIC Corporation (OTC: EPIO) announced that it has entered into an agreement to purchase a television station in Northern California. EPIC's objective is to have a direct satellite link to market its original sports and entertainment programming potentially reaching over 4,000 independent stations nationwide that have a market for original and affordable programming. The company has received its booking, management and managers license for boxing and martial arts events.

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