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Report: HK Disneyland expects best-ever attendance and XFL (TSE: 9399) Reports Steady 2008 First Half Revenue Growth Driven by Robust China Business


City of Industry, CA --(www.USEquityNews.com)-- 08/29/2008 - Entertainment industry alert provided by U.S. Equity News. Hong Kong Disneyland (NYSE: DIS) is expected to record attendance of 5.6 million people in its third year of operation -- its best-ever result, a Hong Kong newspaper reported Thursday. The park, a joint venture between The Walt Disney Co. and the Hong Kong government, has come under fire for its poor performance since opening in September 2005. It had 5.2 million visitors in its first year -- 400,000 short of its target of 5.6 million -- and about 4 million in its second year. But the South China Morning Post, citing unidentified sources, reported Thursday that Hong Kong Disneyland is expected to record attendance 5.6 million in its 2007-2008 financial year, which ends next month. The Post said its sources said the park improved its performance because of an improved marketing strategy in China and strong economic growth.


John Pentony, Publisher of Stockguru.com, announced recently that the company has posted a new Podcast Interview featuring Michael Selsman of Archer Entertainment Media Communications, Inc. (OCTBB: AEMC). Archer Entertainment Media Communications, Incorporated is a vertically integrated global entertainment and media company engaged in the production, delivery, distribution and exhibition of digital content through various platforms including Internet, IPTV, Satellite to PC TV, Video-on-Demand (VOD) and Pay-Per-View (PPV). Archer has created a digital infrastructure leveraging existing Internet assets and resources providing a secure, complete, end-to-end digital solution exclusively focusing its interests in China, Southeast Asia and the United States.

Xinhua Finance Limited ("XFL", TSE Mothers: 9399 and OTC: XHFNY), China's premier financial information and media service provider, recently reported consolidated revenue for the first half year ended June 30 2008, under International Financial Reporting Standards ("IFRS"), of US$142.4 million, a 30% increase over the first half of 2007. Revenue growth was mainly driven by the China businesses. Proforma EBITDA, adjusted to exclude non-cash ESOP expenses and one-time items, increased to US$28.5 million versus US$20.3 million in the first half of 2007. During the first half of 2008, the Company incurred higher non-cash ESOP expenses and higher corporate costs versus the prior year from its Distribution subsidiary, XFMedia, due to its status as a public company. There were also one time provisions for intangible asset impairments totaling US$38.8 million relating to its subsidiaries Mergent and Kinetic in advance of the divestitures completed in July 2008. Due mainly to the above mentioned charges and higher taxation within its XFMedia subsidiary, the Company generated a net loss for the first half year of US$48 million. On a proforma basis, after excluding non-cash and one time items, proforma net income was US$2.9 million compared to proforma net income of US$1.2 million for the first half of 2007. Proforma results are provided by the Company to help investors better understand underlying operating and financial trends.

American Honda Motor Co., Inc. (NYSE: OMC) President and CEO Tetsuo Iwamura recently presented the company's Premier Partner Award to Dallas-based Targetbase for excellence in customer service, marking the seventh time that the direct-marketing agency has achieved this recognition. Targetbase was one of 15 award recipients selected from 53 suppliers nominated by American Honda associates nationwide. "We're very proud to be the recipient of this award again in 2008, and of the long-term partnership we've enjoyed with American Honda for the last 14 years," said David Scholes, chief executive officer of Targetbase. "Our solutions have consistently helped Honda dealers increase car sales through our unique integration of innovative consumer science and spectacular, targeted creative." The Premier Partner Awards were established in 1998 to recognize suppliers who embrace American Honda's philosophy of exceeding customer expectations. This year's award winners represent excellence in a variety of industries including logistics, printing, marketing, consulting, training, interactive solutions and much more. "Recently we acknowledge an elite group of suppliers who embody Honda's philosophy".

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