Central European Media Enterprises to Offer $425 Million of Senior Convertible Notes and SIRIUS Satellite Radio to Continue Exclusive 'E Street Radio' Channel Dedicated to Bruce Springsteen and the E Street Band

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City of Industry, CA --(www.USEquityNews.com)-- 03/04/2008 - Media entertainment industry alert provided by U.S. Equity News. Central European Media Enterprises Ltd. ("CME") (NASDAQ: CETV) recently announced that it intends to offer, subject to market and other considerations, $425 million aggregate principal amount of senior convertible notes due 2013. CME also expects to grant the initial purchasers an option to purchase up to $50 million aggregate principal amount of additional notes to cover over-allotments. The notes will be offered to qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the "Securities Act").


Cox Radio, Inc. (NYSE: CXR) announced recently that Robert F. Neil, President and Chief Executive Officer, and Neil O. Johnston, Vice President and Chief Financial Officer, will be presenting at the Bear Stearns 21st Annual Media Conference being held March 10-12, 2008 at The Breakers Hotel in Palm Beach, Florida. Mr. Neil and Mr. Johnston are scheduled to present on Monday, March 10, 2008 at 9:00 a.m. Eastern Time. A live audio webcast may be accessed through the investor relations portion of Cox Radio's Web site, located at www.coxradio.com.

SIRIUS Satellite Radio (NASDAQ: SIRI) announced recently that it will continue E Street Radio, its exclusive commercial-free channel dedicated to the music of Bruce Springsteen and the E Street Band, through the end of May. To celebrate the channel's extended run, Bruce Springsteen sat down for an exclusive interview with legendary rock historian and critic Dave Marsh. During the interview Springsteen discusses the next leg of the Magic tour, the songs on the Magic album and his thoughts on the presidential primaries.

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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