New Line cutting jobs as studio is absorbed by Warner Bros and Playboy.com and Kendra Wilkinson From The Girls Next Door Search for Sexiest 'Girls of Olive Garden'

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City of Industry, CA --(www.USEquityNews.com)-- 04/16/2008 - Media entertainment industry alert provided by U.S. Equity News. New Line Cinema, which made the "Lord of the Rings" trilogy, has started laying off 450 people as the studio is absorbed by Warner Bros. Time Warner Inc. (NYSE: TWX), which owns New Line, says layoff notices began going out Monday. West Hollywood-based New Line will keep 40 to 50 employees. Another 40 will be offered jobs elsewhere within Warner Bros. Entertainment.


Two-time NASCAR Sprint Cup Series champion Tony Stewart will host a special broadcast of his weekly SIRIUS (NASDAQ: SIRI) NASCAR Radio show Tony Stewart Live from Graceland, the Memphis home of Elvis Presley. Tony Stewart Live from Graceland will air Monday, May 12 (8:00-10:00 pm ET/7:00-9:00 pm CT) exclusively on SIRIUS NASCAR Radio, channel 128. Stewart and co-host Matt Yocum will host the show in front of a live audience, giving SIRIUS listeners from coast to coast a glimpse into the personal life of the King of Rock 'n' Roll.

Who needs endless breadsticks when zesty girls are on the menu? Playboy.com is searching for the sexiest "Girls of Olive Garden" to pose for a tasty pictorial. With more than 600 Olive Garden locations throughout the United States, Playboy.com (NYSE: PLA) is confident it will uncover the freshest ingredients for its sexiest "Girls Of" pictorial yet. As a special appetizer, Kendra Wilkinson, star of E!'s top-rated show "The Girls Next Door" and a huge fan of Olive Garden, will personally hand-pick the models to be featured in the exclusive Playboy pictorial.

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.

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