News Corporation Acquires 30 Percent Stake in TV Riga, Latvia and See Alaska Through the Eyes of a Native: Holland America Line Ships Feature Travel Guides

City of Industry, CA --(www.USEquityNews.com)-- 06/02/2008 - Media entertainment industry alert provided by U.S. Equity News. News Corporation (NYSE: NWS) announced it has completed the acquisition of a 30% stake in TV Riga, a Latvian Russian language free-to-air broadcaster, increasing its ownership to 100%. The transaction represents a consolidation of News Corporation European Television's (NCE TV) assets in Latvia, which now include 100% ownership of LNT, the leading Latvian entertainment channel, and TV Riga.


Live Nation (NYSE: LYV), the world's largest live music company, announced recently that this year's Download 2008 powered by Seagate will be held in San Francisco (Shoreline Amphitheatre, July 19th), Los Angeles (Gibson Amphitheatre, July 20th) and Philadelphia (Susquehanna Bank Center, August 2nd). In its fourth year, each Download event continues its tradition of marrying cutting edge bands with a uniquely interactive fan experience.

Carnival Cruise Lines' (NYSE: CCL) Senior Cruise Director John Heald has been featured on the Web site of parent company Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) since last August, in the past few months he has broadened the scope of his postings to showcase other Carnival-affiliated brands. While our corporate Web site is primarily aimed at investors, the feedback we're receiving indicates that visitors really enjoy John's unique brand of humor and insight into different facets of the cruise industry," said Beth Roberts, Carnival Corporation & plc's vice president of investor relations. The site has had some 300,000 visitors since the blog was prominently displayed on its splash page.

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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