China Slams Media Coverage of Tibet and RTN Adds Affiliate in Palm Springs

Share: 

City of Industry, CA --(www.USEquityNews.com)-- 04/07/2008 - Media entertainment industry alert provided by U.S. Equity News. Chinese officials accused the Western media Thursday of misleading the public about Tibetan protests last month, complaining of "distorted reports and coverage." The comments come amid widespread criticism of China's media restrictions during its crackdown on the largest anti-government protests in Tibet in almost two decades. Time Warner (NYSE: TWX) -owned CNN insists it has reported impartially, and said in a statement last month that it refutes allegations that it "distorts its coverage of the events in Tibet to portray either side in a more favorable light."


Fox Interactive Media (NYSE: NWS) (FIM) recently announced the appointment of Adam Bain to the new post of President, Fox Interactive Media Audience Network. The new unit's charter will be to optimize monetization across FIM's content network and for third-party publishers leveraging both the company's industry-leading HyperTargeting technology and ad-serving platform. Bain previously served as the company's EVP of Technology and Production, a role in which he oversaw FIM's 2007 acquisition of Strategic Data Corporation (SDC) - a yield optimization firm, which became the basis of FIM's monetization platform, and spearheaded the creation of the company's industry-leading HyperTargeting by MySpace.

Retro Television Network (NASDAQ: EMDA)announced recently that it will add a Palm Springs affiliate next month on KDPX-TV. The station is available over-the-air on Channel 45 and on Time Warner Cable on Channel 14. ``We are very excited about our launch of RTN in Palm Springs. I think there is a real pent up demand in our market for a network like RTN,'' said James Primm, General Manager of KDPX-TV. ``Over the past 10 years since we first went on the air, I have had many viewers ask us to bring them many of the programs we will now carry on RTN.

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.

About U.S. Equity News

U.S. Equity News provides information, resources and news services for investors of small-cap, micro-cap and emerging companies. U.S. Equity News distributes RSS news feeds and a free subscription-based newsletter available through its website at www.usequitynews.com.

U.S. Equity News is a financial news distribution service by Equity Solutions, Inc. (www.equityirsolutions.com) that provides a platform for public companies to disseminate important news to key Wall Street interest such as shareholders and new investors. Equity Solutions, Inc. can assist by providing an effective increase in the awareness of a public company's news, development and corporate story through its proprietary network and its financial portal. U.S. Equity News and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.USEquityNews.com.

Contact Information:
U.S. Equity News
Tel: (626) 961-8039
Email: info@usequitynews.com

Comments:
Disclaimer: User Comments do not reflect the views of US Equity News, and we are not responsible for the content of users' comments. We also reserve the right to edit or delete comments to our discretion.

---