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International Entertainment News

Friday, June 30, 2006

400,000+ Private Companies Invited to Go Public

400,000+ Private Companies Invited to Go Public

DALLAS, June 30 /PRNewswire/ -- Bruce Camber, the executive producer and CEO of Private Business Channel (PBC) (http://privatebusinesschannel.com/ ), announced today, "We're inviting over 400,000 of our best small businesses to go public through the private equity market. This is not an IPO, but it will be the first time most will have sold equity to private investors." He continued, "We'll introduce them to Entrex (http://www.entrex.net/ ), a public market for private companies, they'll receive an in-depth business analysis and a 4-to-8 minute news clip which will be distributed to ABC, Bloomberg, CBS, CNBC, CNN, Fox Business, NBC, MSNBC, Reuters, and Thomson Financial."

Private Business Channel is leveraging its access to over 25 million businesses for a whole new market -- the financial community. Camber expands on this, "For 12 years, we've essentially ignored financial industry players and investors. Most private business owners don't want active investors -- people looking over their shoulder. But, times have changed. Most of us baby boomers have a strong desire to take our sweat equity out of our businesses instead of taking it to the grave! It is time to wise-up and begin turning these businesses over to the next generation."

By working with the private equity market, PBC intends to bring together the supply-and-demand of capital along with news-and-analysis on both the capital funds and the companies in which they invest. PBC collaborated with Entrex to create the Private Company Index (PCI) (http://www.privatecompanyindex.com/ ). This monthly score tracks the revenue growth of private businesses and compares that with the Dow and Nasdaq composite indices.

PBC is building on 12 years of weekly public television productions focusing on the best-of-the best in small business. Camber states, "These business owners live the American dream. They create jobs, wealth, and make our world a better place." Stories focus on analyzing successes and set-backs of owners who are both loved by their communities and are deeply respected within their industries. Camber explains, "Every day from virtually every community, we have hundreds of wonderful businesses recommended to us. This is the real heartbeat of America."

Private Business Channel is poised to become a 24-hour news and analysis network, distributed globally via satellite, with the sole focus being best- of-breed privately-held businesses. "Our goal," Camber states, "is to provide the investment community with up-to-the-minute news, and become a resource for the vast opportunities in the private sector. Most media is focused on negative business news ... not the good. Nobody goes inside the most creative thinking to find the real news. Our plan is to create a de facto standard for private company news that is centered on core of free enterprise."

About Private Business Channel:

Private Business Channel (PBC) has a rich legacy as a weekly television show in the USA on PBS-member stations since 1994 and around the world with the Voice of America since 1995.

Source: Private Business Channel

CONTACT: Bruce Camber of Private Business Channel, +1-214-378-1118, or
camber@smallbusinessschool.org

Web site: http://privatebusinesschannel.com/
http://www.entrex.net/
http://www.privatecompanyindex.com/

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Profile: intent

International Entertainment News

'06 BET AWARDS Stakes Claim as Cable's Top Awards Show by Again Flexing Impressive Muscle With Viewers

'06 BET AWARDS Stakes Claim as Cable's Top Awards Show by Again Flexing Impressive Muscle With Viewers

LOS ANGELES, June 30 /PRNewswire/ -- When BET Networks first launched an awards show concept in 2001, the telecast instantly became a hit with viewers. Tuesday's 2006 BET AWARDS show was no exception, scoring an impressive 4.92 rating within BET's coverage universe which translates to 6.6 million viewers (4.1 million households) watching the salute to superlatives in music, film and sports. Those numbers catapulted the BET Awards to the Number 1 position among cable telecasts of awards shows this season, topping the MTV Movie Awards, TV Land Awards and TNT's carriage of the Screen Actors Guild Awards. Among African-Americans, the '06 BET AWARDS now stands as the Number 1 cable telecast of all time with a gigantic 31.94 rating among Black households.

Tuesday's premiere is also the most-watched program in BET's 26-year history, tied with the 2005 BET AWARDS. Encore showings of the '06 BET AWARDS are set for Friday, June 30 8 p.m. ET/PT; and on Tuesday, July 4 at 8 p.m. ET/PT.

BET's lead-in and post-show programming also delivered impressive results. The 106 & PARK LIVE FROM THE RED CARPET pre-show cranked out a 1.7 rating (1.4 million households, 1.4 million viewers), easily its most-watched telecast in nearly five years. The BET NEWS BLACK CARPET wrap-up show sizzled with a 2.5 rating (2.1 million households, 2.9 million viewers) to become the most- watched BET News program over the past year.

"This show was filled with so many amazing performances and unforgettable moments, I would have trouble calling out my personal favorite," said BET Chairman and CEO Debra Lee. "For our viewers, this has easily become the most popular of all awards shows. It's a fantastic way for BET to celebrate the greatness of African-Americans."

BET President of Entertainment Reginald Hudlin added, "Have Prince and Stevie Wonder ever performed together in public before? No. Has Janet Jackson ever reunited with her Good Times cast before? No. Has Eminem ever rapped an exclusive verse just for a television show? No. These are just a few of the historical moments that happened on the BET Awards."

BET rolled out a star-filled affair featuring plenty of first-time winners and along side familiar faces. R&B legend Prince captured his first-ever BET Award in the category of Best Male R&B Artist; as did newcomer Chris Brown as Best New Artist; rapper T. I. for Best Male Hip-Hop Artist; and Kirk Franklin as Best Gospel Artist. Brown capped his BET Awards coming-out party by also landing the BET.com Viewers' Choice Award voted on both prior to and in real time during the telecast. This hotly-contested category generated an eye- popping 567,025 votes via the BET.com website, and another 115,616 text message votes through the new BET Mobile service.

Soulful diva Mary J. Blige was a two-time winner for Best Female R&B Artist and for Video of the Year (Be Without You) in a tie with rapper Kanye West's collaboration with actor Jamie Foxx on Gold Digger. The West-Foxx tandem also picked up BET hardware for Gold Digger in the Best Duet/Collaboration category.

Hosted by actor/comedian Damon Wayans, the night featured songstress Chaka Khan as BET Lifetime Achievement Award recipient; and actor/activist Harry Belafonte as recipient of the BET Humanitarian Award. BET also unveiled the first-ever BET 'J' Cool Like That Award, named for the re-launched channel formerly named BET Jazz. R&B crooner Anthony Hamilton was the inaugural winner of that honor.

The following is a complete list of winners from the 2006 BET AWARDS:

Best Male Hip-Hop Artist T. I.
Best Female Hip-Hop Artist Missy Elliott
Best Male R&B Artist Prince
Best Female R&B Artist Mary J. Blige
Best Gospel Artist Kirk Franklin
Best New Artist Chris Brown
Best Duet/Collaboration Kanye West featuring Jamie Foxx (Gold
Digger)
Best Group Destiny's Child
Best Actor Terrence Howard
Best Actress Taraji P. Henson
Male Athlete of the Year LeBron James (Basketball)
Female Athlete of the Year Venus Williams (Tennis)
BET 'J' Cool Like That Anthony Hamilton
Video of the Year (tie) Mary J. Blige (Be Without You)
Kanye West featuring Jamie Foxx (Gold
Digger)
BET.com Viewers' Choice Chris Brown (Excuse Me Miss)

ABOUT BET NETWORKS

BET Networks, a subsidiary of Viacom, Inc. (NYSE:VIA)(NYSE:and)(NYSE:VIA.B), is the nation's leading provider of quality entertainment, music, news and public affairs television programming for the African-American audience. The primary BET channel reaches more than 81 million households according to Nielsen media research, and can be seen in the United States, Canada and the Caribbean. BET is the dominant African-American consumer brand with a diverse group of businesses extensions: BET.com, the Number 1 Internet portal for African Americans; BET Digital Networks -- BET J, BET Gospel and BET Hip Hop, attractive alternatives for cutting-edge entertainment tastes; BET Event Productions, a full-scale event management and production company; BET Home Entertainment, a collection of BET-branded offerings for the home environment including DVDs and video-on-demand; and BET Mobile, a service venture into the lucrative world of ring tones, games and video content for wireless devices.

http://www.bet.com/PR

Source: BET (Black Entertainment Television)

CONTACT: Michael Lewellen, +1-202-608-2003, michael.lewellen@bet.net, or
Tosha Whitten-Griggs, +1-818-655-6712, tosha.whitten-griggs@bet.net, both of
BET

Web site: http://www.bet.com/

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Profile: intent

International Entertainment News

NBC 5's Mike Snyder Honored by LULAC for His Aid to the Military

NBC 5's Mike Snyder Honored by LULAC for His Aid to the Military

DALLAS and FORT WORTH, Texas, June 30 /PRNewswire/ -- NBC 5 Anchor Mike Snyder was presented the National LULAC Military Award for his support of U.S. troops serving overseas and their families at the 77th annual LULAC National Convention.

Mike Snyder was chairman and Master of Ceremonies for Sky Ball IV. Sky Ball IV raised $1 million. The fund provides financial assistance to the families of troops deployed from the Fort Worth Joint Reserve Base.

The Fort Worth Airpower Foundation, an associate entity of the Fort Worth Airpower Council, founded Sky Ball, which is the nation's oldest military support organization. The Foundation is pledged to support and enhance the Military of the United States of America in all efforts to protect and promote freedom. Specifically the Foundation is committed to supporting the families of the men and women serving our country while assigned to Naval Air Station Joint Reserve Base Fort Worth.

The 77th annual LULAC National Convention Armed Services Breakfast was held at Midwest Airline Convention Center in Milwaukee, Wisconsin.

League of United Latin American Citizens, LULAC, is one of the largest and oldest Hispanic organizations in the United States. The mission of LULAC is to advance the economic condition, educational attainment, political influence, health and civil rights of the Hispanic population in the United States.

NBC 5 / KXAS-TV / nbc5i.com and Telemundo 39 / KXTX-TV are the NBC owned and operated media centers serving the Dallas/Fort Worth Metroplex.

Source: NBC 5

CONTACT: James A. Martinez of NBC 5, +1-817-654-6405

Web site: http://www.nbc5i.com/

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International Entertainment News

The Dempseys Entertain President Bush and Japanese Prime Minister Junichiro Koizumi in Memphis

The Dempseys Entertain President Bush and Japanese Prime Minister Junichiro Koizumi in Memphis

MEMPHIS, Tenn., June 30 /PRNewswire/ -- The Dempseys put on a rockin' good time for President George W. Bush, First Lady Laura Bush and Japanese Prime Minister Junichiro Koizumi on Friday.

(Photo: http://www.newscom.com/cgi-bin/prnh/20060630/CLF047)

Prime Minister Koizumi even joined the Memphis-based rockabilly trio to sing the Elvis Presley tune "I Want You, I Need You, I Love You."

"He's loving you guys," President Bush said, speaking for Koizumi.

The group was called in to perform when the president planned the trip to Memphis. Making his last trip to the U.S. while Prime Minister of Japan, Koizumi wanted to see the shag carpeting, platinum records and sequined jumpsuits that have made Graceland a worldwide tour destination. Koizumi is a huge Elvis fan and even shares his birthday with The King.

"It was a tremendous honor to perform for the President, the First Lady, and the Prime Minister," Dempseys' manager Rollin Riggs, of Resource Entertainment Group, said. "We are thrilled that we could represent such an important part of Memphis' musical heritage to these world leaders."

"The Prime Minister was clearly having a great time with the band," noted drummer Ron Perrone. "He clapped and cheered after almost every song. We'd be delighted to be his backing band anytime."

After touring Graceland, the President and Prime Minister munched on ribs at a local barbecue joint and jammed to The Dempseys.

The high-energy group has been featured on numerous television programs including The Today Show, Good Morning America, Entertainment Tonight, CNN and the Travel Channel. They perform throughout the U.S. and can play anywhere in the world.

The Dempseys, a unique musical trio, are known for their brand of high octane rockabilly music. The band's energetic live performances are unlike any show in the current popular music scene and have been referred to by the Rockabilly Hall of Fame as "the most entertaining rockabilly show on the planet."

For more information about The Dempseys, please visit http://www.regmemphis.com/ or http://www.thedempseys.net/.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20060630/CLF047
AP Archive: http://photoarchive.ap.org/
AP PhotoExpress Network: PRN1
PRN Photo Desk, photodesk@prnewswire.com
Source: Resource Entertainment Group

CONTACT: Rollin Riggs of Resource Entertainment Group, +1-901-355-4885,
and rollin@regmemphis.com

Web site: http://www.regmemphis.com/
http://www.thedempseys.net/

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International Entertainment News

Grupo Radio Centro in Compliance With the Internal Control Evaluation Requirements Under Sarbanes-Oxley Section 404

Grupo Radio Centro in Compliance With the Internal Control Evaluation Requirements Under Sarbanes-Oxley Section 404

MEXICO CITY, June 30 /PRNewswire-FirstCall/ -- Grupo Radio Centro, S.A. de C.V. (BMV: RCENTRO-A, NYSE: RC) ("Grupo Radio Centro" or the "Company"), Mexico's leading radio broadcasting company today filed its annual report for the year ended December 31, 2005 with the Bolsa Mexicana de Valores, S.A. de C.V., the Comision Nacional Bancaria y de Valores in Mexico and with the Securities and Exchange Commission in the United States. The Company is pleased to announce that its annual report includes a report by its management assessing the effectiveness of the Company's internal control over financial reporting, as well as an attestation by the Company's independent auditor pursuant to Section 404 of the Sarbanes-Oxley Act of 2002.

Grupo Radio Centro is one of the first Mexican companies to voluntarily comply with the internal control evaluation requirements under Section 404 in advance of the deadline applicable to non-accelerated filers.

Company Description:

Grupo Radio Centro owns and/or operates 14 radio stations. Of these 14 radio stations, Grupo Radio Centro operates 11 in Mexico City. The Company's principal activities are the production and broadcasting of musical and entertainment programs, talk shows, news and special events programs. Revenue is primarily derived from the sale of commercial airtime. The Company also operates a radio network, Organizacion Impulsora de Radio, which acts as the national sales representative for, and provides programming to, Grupo Radio Centro-affiliated radio stations.

Note on Forward-Looking Statements: This release may contain projections or other forward-looking statements related to Grupo Radio Centro that involve risks and uncertainties. Readers are cautioned that these statements are only predictions and may differ materially from actual future results or events. Readers are referred to the documents filed by Grupo Radio Centro with the United States Securities and Exchange Commission, specifically the most recent filing on Form 20-F, which identifies important risk factors that could cause actual results to differ from those contained in the forward-looking statements. All forward-looking statements are based on information available to Grupo Radio Centro on the date hereof, and Grupo Radio Centro assumes no obligation to update such statements.

Source: Grupo Radio Centro, S.A. de C.V.

CONTACT: In Mexico: Pedro Beltran or Alfredo Azpeitia, both of Grupo
Radio Centro, S.A. de C.V., +5255-5728-4800 Ext. 7018, aazpeitia@grc.com.mx;
or In NY: Maria Barona or Peter Majeski, both of i-advize Corporate
Communications, Inc., +1-212-406-3690, grc@i-advize.com, for Grupo Radio
Centro, S.A. de C.V.

Web site: http://www.radiocentro.com.mx/

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Profile: intent

International Entertainment News

Remarks by President Bush and Japanese Prime Minister Koizumi In Photo Opportunity With Mrs. Bush, Priscilla Presley and Lisa Marie Presley

Remarks by President Bush and Japanese Prime Minister Koizumi In Photo Opportunity With Mrs. Bush, Priscilla Presley and Lisa Marie Presley

WASHINGTON, June 30 /PRNewswire/ -- The following is a transcript of remarks by President Bush and Japanese Prime Minister Koizumi in photo opportunity with Mrs. Bush, Priscilla Presley and Lisa Marie Presley:

Graceland
Memphis, Tennessee

10:38 A.M. CDT

PRESIDENT BUSH: It is such a joy to be here to Graceland. It's my first visit.

PRIME MINISTER KOIZUMI: My first visit, too.

PRESIDENT BUSH: The Prime Minister's first visit.

PRIME MINISTER KOIZUMI: It's like a dream, with President Bush and Presley's daughter.

PRESIDENT BUSH: Thank you all for greeting us. You're awfully kind to be here.

PRIME MINISTER KOIZUMI: You look like Elvis.

MS. LISA MARIE PRESLEY: (Speaks Japanese.)

PRESIDENT BUSH: The visit here is an indication of how well-known Elvis was around the world. A lot of people are still singing Elvis Presley songs here in the states and there's a lot of people who love Elvis Presley in Japan, including the Prime Minister. This visit is also a way of reminding us about the close friendship between our peoples.

And, Mr. Prime Minister, thank you for agreeing to come here. A lot of Americans are thrilled you're here, particularly at Graceland. It means a lot to our country that you would be that interested in one of America's icons, Elvis Presley.

PRIME MINISTER KOIZUMI: My birthday is the same as Elvis.

PRESIDENT BUSH: You and Elvis were born on the same day?

PRIME MINISTER KOIZUMI: January 8th.

PRIME MINISTER KOIZUMI: Even now, I often listen to Elvis CDs.

PRESIDENT BUSH: Still listen to Elvis CDs?

PRIME MINISTER KOIZUMI: Sure.

PRESIDENT BUSH: You're a pretty good Elvis singer.

PRIME MINISTER KOIZUMI: I'm not impersonator. (Sings Elvis songs.)

PRESIDENT BUSH: I thought you were going to do "Blue Suede Shoes." Thank you.

END 10:40 A.M. CDT

Source: White House Press Office

CONTACT: White House Press Office, +1-202-456-2580

Web site: http://www.whitehouse.gov/

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Profile: intent

International Entertainment News

Statement by President Bush and Japanese Prime Minister Koizumi

Statement by President Bush and Japanese Prime Minister Koizumi

WASHINGTON, June 30 /PRNewswire/ -- The following is a statement by President Bush and Japanese Prime Minister Koizumi:

Graceland
Memphis, Tennessee

11:44 P.M. CDT

PRESIDENT BUSH: First of all, the Prime Minister and I would like to thank Priscilla and Lisa for their gracious hospitality. And we thank the Graceland staff, as well, for arranging this unusual experience. First of all, my presence here shows it's never too late to come to Graceland. Laura and I are -- we've known Elvis Presley since we were growing up. He's obviously a major part of our music history. He had an international reputation. His reputation was so strong that he attracted the attention of the now Prime Minister of Japan.

I was hoping the Prime Minister would want to come to Graceland. I knew he loved Elvis -- I didn't realize how much he loved Elvis. He not only knows Elvis' history, he can sing a pretty good Elvis song. This visit here shows that not only am I personally fond of the Prime Minister, but the ties between our peoples are very strong, as well.

And so, again, to the Presleys, thank you all. And Mr. Prime Minister, glad you joined us. Want to say a few comments?

PRIME MINISTER KOIZUMI: It's like a dream. I never expected President come with me to visit Graceland. There's Elvis song: To Dream Impossible. (Singing Elvis song.) (Laughter.) My dream came true. Thank you very much for -- thank you. Thank you very much for treating me nice, the Elvis song. (Singing Elvis song.) Thank you.

PRESIDENT BUSH: We're going to go have some barbeque, thank you.

END 11:47 P.M. CDT

Source: White House Press Office

CONTACT: White House Press Office, +1-202-456-2580

Web site: http://www.whitehouse.gov/

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International Entertainment News

Tribune Announces Final Results of Modified 'Dutch Auction' Tender Offer

Tribune Announces Final Results of Modified 'Dutch Auction' Tender Offer

CHICAGO, June 30 /PRNewswire-FirstCall/ -- Tribune Company (NYSE:TRB) today announced the final results of its modified "Dutch Auction" tender offer which expired at 12:00 midnight, New York time, on Monday, June 26, 2006.

Tribune has accepted for purchase 45,026,835 shares of its common stock at a price of $32.50 per share. These shares represent approximately 15 percent of shares outstanding as of June 26, 2006. Because Tribune is purchasing all of the shares tendered, no proration is required.

The depositary will promptly pay for the shares accepted for purchase. With completion of the tender offer, Tribune now has approximately 258 million shares of common stock outstanding.

Pursuant to the terms of the purchase agreements with the McCormick Tribune Foundation and the Cantigny Foundation, Tribune will also acquire an aggregate of 10 million shares of Tribune common stock on July 12 at a price of $32.50 per share. Tribune plans to repurchase up to an additional 20 million shares in the open market beginning on or after July 12.

Merrill Lynch & Co. and Citigroup served as co-dealer managers for the tender offer. Georgeson Shareholder Communications Inc. served as Information Agent and Computershare Trust Company, N.A. served as the depositary. Any questions about the tender offer may be directed to Georgeson at 17 State Street, 10th Floor, New York, N.Y. 10004, telephone 866/767-8963. (Banker and brokerage firms call collect 212/440-9800.)

TRIBUNE (NYSE:TRB) is one of the country's top media companies, operating businesses in publishing and broadcasting. It reaches more than 80 percent of U.S. households and is the only media organization with newspapers, television stations and websites in the nation's top three markets. In publishing, Tribune operates 11 leading daily newspapers including the Los Angeles Times, Chicago Tribune and Newsday, plus a wide range of targeted publications. The company's broadcasting group operates 26 television stations, Superstation WGN on national cable, Chicago's WGN-AM and the Chicago Cubs baseball team. Popular news and information websites complement Tribune's print and broadcast properties and extend the company's nationwide audience.

Source: Tribune Company

CONTACT: media, Gary Weitman, VP-Corporate Communications,
+1-312-222-3394, or gweitman@tribune.com , or investor, Ruthellyn Musil, SVP-
Corporate Relations, +1-312-222-3787, or rmusil@tribune.com , both of Tribune
Company

Web site: http://www.tribune.com/

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Profile: intent

International Entertainment News

News Reporting is Perceived as Biased, though Less Agreement on Whether it is Liberal or Conservative Bias

News Reporting is Perceived as Biased, though Less Agreement on Whether it is Liberal or Conservative Bias

CNN and FOX News are channels most often turned to for political news

ROCHESTER, N.Y., June 30 /PRNewswire/ -- Over six in 10 U.S. adults agree that there is bias in the reporting of news, though there is less agreement as to whether there is a liberal or conservative bias. Furthermore, viewers of talk shows say that the hosts of these shows are equally critical of Republicans and Democrats. Greater numbers of adults say they turn to CNN and FOX News most often when seeking news or information about public affairs or politics.

These are the results of a nationwide Harris Poll of 1,179 U.S. adults surveyed online by Harris Interactive(R) between June 7 and 13, 2006.

Specific results from this poll include:

* Almost four in 10 U.S. adults (37%) listen to talk shows on the radio at
least once a week and about three in 10 (29%) watch political or public
affairs TV shows at least once a week.

* CNN (20%) and FOX News (18%) are the television channels adults most
often turn to when they want news or information related to politics or
public affairs. These are followed by the networks, including ABC (9%),
NBC (8%) and CBS (7%). Other channels include MSNBC (5%), C-SPAN (3%),
PBS (3%) and CNBC (1%).

* When comparing those who are "heavy" users of the media (including talk
radio and television) to "light" users, a slightly different profile
emerges. Among "heavy" media users, FOX News is the leading channel at
39 percent, followed by CNN at 22 percent. Among "light" media users,
CNN is at the top (21%) followed by ABC (13%), NBC (11%), CBS (9%) and
FOX News (8%).

* When looking at the profile of viewers of TV channels that are watched
most often for news about politics or public affairs, preferences emerge
based on political affiliation and political philosophy. CNN's viewers
are more likely to be Democrats (42%) or Independents (29%) than
Republicans (19%), whereas FOX News viewers are more likely to be
Republicans (63%) as compared to Democrats (12%) or Independents (20%).
Similarly, FOX News viewers are more likely to say they are Conservative
(61%) than Moderate (35%) or Liberal (4%). CNN viewers are more likely
to say they are Moderate (61%) than Liberal (27%) or Conservative (12%).

The potential biases associated with the media's reporting have been discussed a great deal. This Harris Poll explores whether the public thinks that talk show hosts are more critical of Democrats or Republicans. Among those who watch talk shows at least once a month, 22 percent think that talk show hosts are more critical of Democrats and 25 percent say that hosts are more critical of Republicans. The remaining 52 percent say that the hosts are equally critical of both parties.

However, over six in 10 (63%) of Republicans agree that there is bias in the news reporting, with the remaining 36 percent saying they are not sure (31%) or think there is no bias (5%). Interestingly, the adult public overall thinks that there is more of a liberal bias (38%) than a conservative bias (25%). While this may not be altogether surprising, the fact that the findings don't show an even greater liberal bias is noteworthy.

* Furthermore, among those who are "heavy" users of the media, a majority
(54%) say that there is a liberal bias in news reporting, compared to 24
percent who say there is a conservative bias. Among "light" media users
there is less of a difference, with similar numbers saying that there is
a liberal bias (31%) or conservative bias (25%).

* CNN viewers are split on this issue, with a third (33%) saying that
there is a liberal bias and another third (32%) saying there is a
conservative bias.

* FOX News viewers, however, strongly feel that there is a liberal bias
(69%) as compared to 12 percent who say there is a conservative bias.

Among adults who say that there is bias in the media, television is perceived as having the "greatest bias in the reporting of news" (41%). Seventeen percent say that print media and seven percent say that radio is biased in their reporting. Three in 10 (31%) say that the media overall are equally biased.

TABLE 1
WATCH OR LISTEN TO TALK SHOWS OR PUBLIC AFFAIRS
"How often do you listen to talk shows on the radio?
How often do you watch political or public affairs shows on television?"
Base: All adults

Political or
Talk Shows Public
on the Affairs
Radio Shows on
Television
% %
Less than
once a month 54 50
Less than
once a week
but more than
once a month 9 21
Once or twice
a week 13 16
Three times a
week or more 25 13

Note: Percentages may not add up exactly to 100 percent due to rounding.

TABLE 2
TELEVISION CHANNEL TURN TO MOST OFTEN FOR NEWS RELATED TO
POLITICS OR PUBLIC AFFAIRS
"When you want news or information related to politics or public affairs,
which television channel do you turn to most often?"
Base: All adults

Total Media Usage
Heavy Light
% % %
CNN 20 22 21
FOX News 18 39 8
ABC 9 3 13
NBC 8 4 11
CBS 7 2 9
MSNBC 5 7 4
C-SPAN 3 4 2
PBS 3 3 2
CNBC 1 1 2
Local cable news channel 4 6 5
Local broadcast news channel 8 3 10
Sunday morning shows (various
broadcasts) 2 4 1
Something else 4 3 4
Don't watch news 7 - 10

Note: Media usage defined:

Heavy: Listen to talk radio and watch political/public affairs at least
once a week
Light: Listen to talk radio and watch political/public affairs at most 2-3
times a month

TABLE 3
PROFILE OF VIEWERS OF TV CHANNELS WATCHED MOST OFTEN FOR NEWS
ABOUT POLITICS OR PUBLIC AFFAIRS
"When you want news or information related to politics or public affairs,
which television channel do you turn to most often?"
Base: All adults

Total CNN FOX ABC NBC CBS
% % % % % %
Political Party Affiliation
Republicans 29 19 63 21 27 27
Democrats 33 42 12 39 59 45
Independents 28 29 20 31 12 23
Political Philosophy
Conservative 29 12 61 22 28 23
Moderate 50 61 35 63 46 63
Liberal 20 27 4 14 26 14

TABLE 4
WHICH TALK SHOWS HOSTS ARE MORE CRITICAL OF DEMOCRATS OR REPUBLICANS

"Thinking of the shows you listen to or watch the most, would you describe their host or hosts as more critical of the Democrats or more critical of the

Republicans?"

Base: Adults who listen to or watch talk shows at least once a month

TV Channel Turn
to Most Often
Political Party Affiliation for Politics
and Public
Affairs
Total Republicans Democrats Independents CNN FOX
% % % % % %
More critical
of Democrats 22 27 24 18 19 28
Equally critical
of both 52 42 52 58 54 47
More critical
of Republicans 25 30 24 24 27 25

Note: Percentages may not add up exactly to 100 percent due to rounding.

TABLE 5

IS THERE A BIAS IN REPORTING OF NEWS? "Some have said there is a bias in the reporting of news in television, radio

or print (newspapers and magazines).Which comes closest to your opinion?"

Base: All adults

Political Party Affiliation
Total Republican Democrat Independent
% % % %
There is a
liberal
bias in the
media 38 66 18 36
There is no
bias in the
media 5 1 8 7
There is a
conservative bias
in the media 25 13 37 26
Not at all sure 31 20 36 31

Political Philosophy
Conservative Moderate Liberal
% % %
There is a
liberal
bias in the
media 62 35 10
There is no
bias in
the media 3 5 9
There is a
conservative bias
in the media 13 24 47
Not at all sure 22 36 34

Note: Percentages add up to more than 100 percent due to multiple responses accepted.

Base: All adults

TV Channel
turn to Most
Total Media Usage Often for
Politics and
Public Affairs
Heavy Light CNN FOX
% % % % %
There is a liberal bias in the media 38 54 31 33 69
There is no bias in the media 5 7 4 9 1
There is a conservative bias in the
media 25 24 25 32 12
Not at all sure 31 15 41 26 19

Note: Percentages add up to more than 100 percent due to multiple responses accepted.

Note: Media Usage defined:
Heavy: Listen to talk radio and watch political/public affairs at least
once a week
Light: Listen to talk radio and watch political/public affairs at most 2-
3 times a month

TABLE 6
WHICH MEDIA HAS GREATEST BIAS IN REPORTING OF NEWS?
"Of the three primary media - television, radio, and print (newspapers and

magazines) - which one do you feel has the greatest bias in the reporting of

news?"

Base: Adults who say there is bias in the media

Political Party Affiliation
Total Republican Democrat Independent
% % % %
Television 41 44 35 44
Print 17 27 10 12
Radio 7 2 11 9
All are equally biased 31 25 35 31
None is more biased
than another 4 2 7 3
Not sure 1 - 3 1

Political Philosophy
Conservative Moderate Liberal
% % %

Television 37 47 31
Print 22 15 10
Radio 2 7 16
All are equally biased 35 27 33
None is more biased
than another 3 3 8
Not sure - 2 3

Note: Multiple response question.

Methodology

This Harris Poll was conducted online within the United States between June 7 and 13, 2006 among 1,179 adults (aged 18 and over). Figures for age, sex, race/ethnicity, education, region and household income were weighted where necessary to bring them into line with their actual proportions in the population. Propensity score weighting was also used to adjust for respondents' propensity to be online.

All surveys are subject to several sources of error. These include: sampling error (because only a sample of a population is interviewed); measurement error due to question wording and/or question order, deliberately or unintentionally inaccurate responses, nonresponse (including refusals), interviewer effects (when live interviewers are used) and weighting.

With one exception (sampling error) the magnitude of the errors that result cannot be estimated. There is, therefore, no way to calculate a finite "margin of error" for any survey and the use of these words should be avoided.

With pure probability samples, with 100 percent response rates, it is possible to calculate the probability that the sampling error (but not other sources of error) is not greater than some number. With a pure probability sample of 1,179 adults one could say with a 95 percent probability that the overall results have a sampling error of +/- 3 percentage points. However that does not take other sources of error into account. This online survey is not based on a probability sample and therefore no theoretical sampling error can be calculated.

These statements conform to the principles of disclosure of the National Council on Public Polls.

J28028
Q800-Q825

About Harris Interactive

Harris Interactive is the 13th largest and fastest-growing market research firm in the world. The company provides research-driven insights and strategic advice to help its clients make more confident decisions which lead to measurable and enduring improvements in performance. Harris Interactive is widely known for The Harris Poll, one of the longest running, independent opinion polls and for pioneering online market research methods. The company has built what could conceivably be the world's largest panel of survey respondents, the Harris Poll Online. Harris Interactive serves clients worldwide through its United States, Europe and Asia offices, its wholly-owned subsidiary Novatris in France and through a global network of independent market research firms. The service bureau, HISB, provides its market research industry clients with mixed-mode data collection, panel development services as well as syndicated and tracking research consultation. More information about Harris Interactive may be obtained at www.harrisinteractive.com. To become a member of the Harris Poll Online, visit www.harrispollonline.com.

The Harris Poll(R) #52, June 30, 2006

By David Krane, Vice President, Public Affairs and Policy Research, Harris Interactive(R)

Press Contact:

Jennifer Cummings
Harris Interactive
585-214-7720

Source: Harris Interactive

CONTACT: Jennifer Cummings of Harris Interactive, +1-585-214-7720

Web site: http://www.harrisinteractive.com/

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International Entertainment News

Retro Television Network Announces Three New Affiliations

Retro Television Network Announces Three New Affiliations

LITTLE ROCK, Ark., June 30 /PRNewswire/ -- Retro Television Network (RTN) announced today that it is launching RTN affiliations in three additional markets -- Lexington, Ky., Alexandria, La., and San Juan, Puerto Rico. These affiliations will be run out of the Equity Broadcasting Corporation (EBC) headquarters in Little Rock, utilizing EBC's Central Automated Satellite Hub (C.A.S.H.(TM)) System.

RTN is a new network that airs ratings-proven programs from the 60s, 70s, 80s and 90s, in addition to local programming and sports entertainment. Since its launch last year, RTN has experienced continued growth and success with its affiliates, five of which are in top-50 markets.

WBLU, Channel 62, will serve as the RTN affiliate in Lexington, a market that reaches more than 475,000 households. The station is under contract to be purchased by EBC Nashville, Inc., who plans to launch RTN on the station by August 1st.

In Alexandria, KWCE, Channel 36, is the new RTN affiliate. The station, owned by Pollack / Belz Communications Company, Inc., launched RTN programming on June 29.

KSJF, Channel 24 in San Juan, will be the first RTN affiliation outside of the continental United States. This station, owned by Storefront Television, LLC, is set to launch RTN programming as early as July 1.

RTN's Neal Ardman notes, "We first introduced RTN in July 2005 to fill a programming void. One year later, the network continues to gain momentum and will be on air in 10 markets by August."

Equity Broadcasting Corporation

Equity Broadcasting Corporation, which has entered into an agreement to merge with Coconut Palm Acquisition Corporation (BULLETIN BOARD: CNUT) , is one of the largest owners and operators of television stations in the United States and a distribution platform for Spanish-language media. EBC is the second largest affiliate group of both the top-ranked Univision television network and Univision's TeleFutura network. EBC currently owns and operates more than 130 television stations, with 39 network affiliates in 33 markets. EBC provides outsourced management services of content delivery to more than 40 network and station operators through its Central Automated Satellite Hub facility. EBC is also the exclusive service provider for Retro Television Network. For more information, visit http://www.ebcorp.net/ .

Source: Retro Television Network

CONTACT: Neal Ardman, +1-501-219-2400, for Retro Television Network

Web site: http://www.ebcorp.net/

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International Entertainment News

Imagen Entertainment Industry Awards Announces 2006 Nominees

International Entertainment News

Philip Bough Appointed Commissioner of U.S. Pro Golf Tour

Philip Bough Appointed Commissioner of U.S. Pro Golf Tour

HERTFORD, N.C., June 30 /PRNewswire-FirstCall/ -- Greens Worldwide Incorporated (BULLETIN BOARD: GRWW) announced today that its wholly owned subsidiary U.S. Pro Golf Tour, Inc. has appointed Philip C. Bough Commissioner of the U.S. Pro Golf Tour under a three year contract effective July 15, 2006. Prior to joining the USPGT in this capacity, Mr. Bough most recently served as the Vice President of Winnercomm and Innovative Media Solutions.

A native of London, Philip Bough has more than 20 years experience in the sports television industry, with the past 13 years in professional golf. Bough began his golf career as an Executive with IMG Europe, working with major clients including; Nick Faldo, Colin Montgomerie, Retief Goosen and Vijay Singh. In 1995 he joined Jack Nicklaus Productions in Los Angeles as Director of Event Operations and worked on numerous events, including the historic Shell's Wonderful World of Golf series. In 2000, he returned to the UK to work for European Tour Productions/TWI as Head of Television for the European Seniors Tour, European Challenge Tour and the Southern Africa "Sunshine" Tour. During this time he worked on numerous European Tour events around the world, including: the 2002 Ryder Cup, the Senior British Open, the South African Open, the Dunhill Links Championship, the Deutsche Bank Open, the Scandinavian Masters and the Johnny Walker Classic in Thailand. He returned to the U.S. in September 2005 to work as VP Sponsorship Sales on two ESPN made-for-TV golf events: People Vs the Pros, an event featuring stars from the PGA Tour and the new Trump Million Dollar Invitational. He lives in Los Angeles.

"I am extremely pleased that Phil has joined our Flagship Tour in this capacity. Phil brings years of event development, sponsorship and corporate advertising experience and television industry knowledge to the U.S. Pro Golf Tour. I fully expect that Phil will continue the growth of the Tour for many years to come and I look forward to working with him in building the next significant Professional Golf Tour," stated R. Thomas Kidd, Chief Executive Officer, Greens Worldwide Incorporated.

"I am delighted to be joining the U.S. Pro Golf Tour at this very exciting time in the Tour's development. Tom Kidd has a tremendous vision for this Tour and I'm looking forward to working with him and the other highly experienced U.S. Pro Golf Tour staff to make that vision a reality." said Bough. "Having watched these players at the recent Trump Million Dollar Invitational I know how incredibly talented they are, and the four major Trump Championship events next year will provide them with an even greater opportunity to showcase their considerable skills to a national and international audience."

About U.S. Pro Golf Tour, Inc.

The U.S. Pro Golf Tour is the country's premier intermediary professional golf tour. Our tour-caliber events feature former PGA golfers, players preparing for the Champions Tour, non-exempt professionals on the Champions Tour, celebrity challengers and professionals 18 and older gearing-up for the PGA Tour. The U.S. Pro Golf Tour conducts a Pro-Net competition for players with handicaps of all skill levels, 18 years and older, competing for substantial prize money in a tour-event atmosphere. All tournaments are weeklong events, and feature junior clinics, pro am events, media coverage, entertainment, electronic leader boards and hospitality, with local market charities benefiting from the events. U.S. Pro Golf Tour events are televised on Fox Sports Net nationally and ESPN. For more information on the U.S. Pro Golf Tour, phone 252.264.2064, or visit our website, www.usprogolftour.com.

Forward-Looking Statements

The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbors created thereby. Forward-looking statements deal with the Company's current plans, intentions, beliefs and expectations. Investors are cautioned that all forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed from time to time in reports filed by the Company with the Securities and Exchange Commission.

Contact
Tom Kidd
Chief Executive Officer
252.264.2064

Source: Greens Worldwide Incorporated

CONTACT: Tom Kidd, Chief Executive Officer of Greens Worldwide
Incorporated, +1-252-264-2064

Web site: http://www.usprogolftour.com/

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International Entertainment News

Pete Yorn Schedules Special In-Store Performances At All Stops Along His First-Ever Acoustic Tour

Pete Yorn Schedules Special In-Store Performances At All Stops Along His First-Ever Acoustic Tour

With Shows Selling Out Along Tour Itinerary, Singer-Songwriter Sets Up Free Performances At Local Independent Record Stores Across The Country

Pete Yorn In-Store Performances To Be Recorded For Limited Edition CD Series "Live From..."

New Pete Yorn Album, 'Nightcrawler,' In Stores Tuesday, August 29

NEW YORK, June 30 /PRNewswire/ -- In response to venues selling out for his very first acoustic tour, Columbia Records artist Pete Yorn is scheduling special free afternoon mini-concerts day-of-show at local independent record stores at every city along his tour route (see full itinerary following).

The set lists for each of Pete's in-store performances will uniquely vary from location to location. Each of Pete's in-store performances will be recorded for a limited edition souvenir CD series, "Live From...," to be sold exclusively at the local independent record store originally hosting the mini- concert.

The complete list of local independent record stores participating in Pete Yorn's "Live From... " mini-concert/CD recording series follows.

Pete launched his free in-store mini-concert series at Rhino Records in Claremont, California on June 20.

Fans pre-ordering Pete Yorn's upcoming album, Nightcrawler, at Pete's in- stores and concerts will receive a special limited edition six-song EP, "Westerns." Pete calls Nightcrawler the final installment in a musical trilogy that began in 2001 with his debut album, musicforthemorningafter, and continued through 2003's Day I Forgot.

"I've been in this lonesome cowboy phase for a while," Pete told Billboard.com. "I've been really inspired by guys like Roy Orbison and Johnny Cash. 'Westerns' has a twang to it and is a real departure for me, but Nightcrawler is most definitely the rock record."

Pete Yorn's very first acoustic tour began June 22 at Soho in Santa Barbara and ends August 12 at the fabled Stone Pony in Asbury Park, New Jersey (see itinerary following).

Yorn's "You & Me" Acoustic Tour gives fans a rare opportunity to catch the critically-acclaimed singer-songwriter performing his classic repertoire and new material up-close-and-personal in a series of small, intimate venues.

Pete's upcoming acoustic tour will provide fans with an exclusive preview of songs from his upcoming, third, full-length studio album, Nightcrawler, now slated for release on Red Ink/Columbia on August 29.

"I encourage you all to rise up and UNITE this summer and join me as I embark on my first ever nationwide acoustic tour (with friends)," wrote Pete to his fans on his website (http://www.peteyorn.com/). "I will be showcasing selections from the new record, as well as plenty of songs from the old catalogue."

From the beginning of his career, singer/songwriter/rocker Pete Yorn has been the topic of numerous critical accolades. Rolling Stone, who picked Pete as one of the magazine's "Ten to Watch in 2001," gave Pete's debut album, musicforthemorningafter, a four-star (****) rating calling the album " ... atmospheric, gently lit by sunlight and regret." Pete's debut album was certified RIAA gold as of April 24, 2002.

USA Today observed "The latest last great hope for the ailing singer/songwriter genre may vaguely resemble a young Springsteen ... His insinuating melodies and lean ... driving graceful arrangements evoke R.E.M.'s early work. It's impossible to pigeonhole Yorn's music ... inspired quirkiness makes him, if not the future of rock 'n' roll, at least a promising new disciple."

Pete Yorn has toured actively since the release of musicforthemorningafter and has shared bills with the Foo Fighters, Semisonic, Coldplay, REM, and others. He was the headline artist on the inaugural MTV2 Handpicked Tour and played drums on a set of Stooges covers with Iggy Pop, Mike Watt, and the Hives' Mike Vigilante and Pelle Almqvist at the second annual Shortlist Prize for Artistic Achievement at Los Angeles' Henry Fonda Theater.

Day I Forgot, Pete's eagerly-awaited successor to musicforthemorningafter, was released in April 2003 to widespread critical acclaim and debuted at #18 on the Billboard 200 best-selling album chart.

Pete Yorn's last release, Live from New Jersey, a stunning full-length performance recorded live at the Community Theater in Morristown, New Jersey, on October 29, 2003, was released in January 2004. Like Yorn's concerts themselves, his live album was a treasure trove for fans as well as an ideal introduction to the scope of Pete's music.

Pete Yorn - "You & Me" Acoustic Tour Itinerary

Date City/State Venue In-Store
6/30 Lawrence, KS The Bottleneck Kief's /2429 Iowa Street
7/1 St. Louis, MO Blueberry Hill Vintage Vinyl/6610 Delmar
Blvd
7/2 Madison, WI The Annex The Exclusive/508 State St.
7/5 Indianapolis, IN Music Mill Luna Music/1315B E Locust
St.
7/6 Columbus, OH The Basement The Singing Dog/1644 N. High
St.
7/7 Louisville, KY Phoenix Hill Tavern Ear Xtacy/1534 Bardstown Rd
7/8 Buffalo, NY Town Ballroom New World Records/765
Elmwood
7/10 Rochester, NY Water St Music Hall Record Archive/1880 East
Avenue
7/11 Portland, ME Asylum Bull Moose/151 Middle Street
7/12 Boston, MA Paradise Lounge Newbury Comics/33 Newbury St
7/13 Baltimore, MD Sonar Record & Tape Traders/736
Dulaney Valley
7/15 Raleigh, NC Cat's Cradle Schoolkids/2712-100
Hillsborough St
7/17 Nashville, TN Exit/Inn Grimey's/1604 8th Ave S.
7/18 Atlanta, GA Smith's Olde Bar Criminal Records/466
Moreland Ave
7/19 Birmingham, AL The Nick Lasers Edge/2825 18th St So.
7/21 Council Bluffs, IA Whiskey Roadhouse Homers/ 1114 Howard St
7/22 Minneapolis, MN The Varsity Theatre Electric Fetus/2000 4th Ave
S.
7/24 Denver, CO The Walnut Room Twist and Shout/303 E.
Alameda Av
7/25 Boulder, CO Fox Theatre Barts/1015 Pearl Street
7/26 Salt Lake City, UT Club Sound Graywhale/248 S 1300 E
7/28 Seattle, WA Crocodile Cafe Easy Street/20 Mercer Street
7/29 Portland, OR Doug Fir Lounge Music Millennium / 801 NW
23rd
7/31 San Francisco, CA Great Am Music Hall Rasputin/2401 Telegraph Ave
8/1 San Diego, CA The Casbah Lou's/434 N Coast Hwy 101
8/2 Phoenix, AZ Martini Ranchi Zia/1940 W Chandler Blvd
8/7 Rockville, MD Olsson's/12350 Parklawn Dr.
8/8 Alexandria, VA Birchmere
8/9 Richmond, VA Alley Kats Plan 9/3012 W. Cary Street
8/11 Philadelphia, PA Northstar AKA/27 N 2nd Street
8/12 Asbury Park, NJ Stone Pony Vintage Vinyl/51 LaFayette
Rd.

Source: Columbia Records

CONTACT: Claire Mercuri, Columbia Records, Media, New York,
+1-212-833-5121, Claire.Mercuri@sonybmg.com, or Regional outlets: Sandee
Gardner, Columbia Records, Media, Santa Monica, +1-310-449-2902,
Sandee.Gardner@sonybmg.com

Web site: http://www.columbiarecords.com/
http://www.peteyorn.com/
http://www.myspace.com/peteyorn

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International Entertainment News

Senate Committee Passes Pro-Consumer Legislation

Senate Committee Passes Pro-Consumer Legislation

National Grange Expresses Gratitude to Senate Commerce, Science & Transportation Committee for Passage of Pro-Consumer Telecom Legislation

WASHINGTON, June 30 /PRNewswire/ -- The National Grange extends its appreciation to the Senate Commerce Committee for passing, with an overwhelming 15-7 vote, the Communications, Consumer's Choice and Broadband Deployment Act of 2006. The legislation is designed to encourage competition in the cable market, a move hailed by consumer advocates as an important step in controlling high cable prices and improving customer service. It not only will bring choice in video services and the incentive for more rapid deployment of broadband to rural communities -- the committee also persevered in preserving rural-related programs.

"People who live in rural communities often depend heavily on television for access to news and entertainment," commented Leroy Watson, legislative director for the organization. "Allowing new competitors to more easily enter the market will increase access to cable services, as well as triggering improvements in program offerings and customer service."

"The National Grange sees improvements in rural access to high-speed broadband Internet service as another beneficial aspect of S. 2686's passage," continued Watson. "New cable competitors are intent on expanding Internet service along with cable television and that will be a big plus for America's rural communities."

"New broadband tools with applications in business, education, healthcare and entertainment are emerging almost daily. Giving rural residents equal access to them will greatly enhance the quality of life and economic viability of rural America. It is important to also highlight the committee's rejection of network neutrality provisions -- a dangerous slippery slope that will only stifle the deployment of broadband to rural communities."

The National Grange congratulates the committee for its leadership. We now call on the leadership of the U.S. Senate to bring this legislation to the floor for full Senate consideration without any delay. "The longer we have to wait for the full Senate to vote on this important legislation, the more rural America loses. This legislation needs to be voted on by the full Senate sooner rather than later," concluded Leroy.

Source: The National Grange

CONTACT: Leroy Watson of The National Grange, +1-202-628-3507

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International Entertainment News

UNIVERSAL PICTURES PRESENTS THE WORLD PREMIERE OF 'YOU, ME AND DUPREE' AT ARCLIGHT HOLLYWOOD LOS ANGELES, CA MONDAY, JULY 10, 2006

UNIVERSAL PICTURES PRESENTS THE WORLD PREMIERE OF 'YOU, ME AND DUPREE' AT ARCLIGHT HOLLYWOOD LOS ANGELES, CA MONDAY, JULY 10, 2006

WHAT: The world premiere of the comedy "YOU, ME AND DUPREE"

WHO: "YOU, ME AND DUPREE" cast member/producer Owen Wilson; cast
members Kate Hudson, Matt Dillon, Seth Rogen, Bill Hader, Todd
Stashwick and Jason Winer; directors Anthony & Joe Russo;
writer Michael Le Sieur; producers Scott Stuber and Mary
Parent; and executive producers Michael Fottrell, Sean Perrone
and Aaron Kaplan

Plus celebrity guests including Lance Armstrong,
Adam Herschman, Justin Long, Jon Voight and many more.

WHERE: ArcLight Hollywood
6360 W. Sunset Boulevard
Los Angeles, CA

WHEN: Monday, July 10, 2006
5:30 PM Press Call Time
6:30 PM Celebrity Arrivals
7:30 PM Screening Begins

"YOU, ME AND DUPREE" arrives in theaters nationwide on Friday, July 14, 2006.

(Logo: http://www.newscom.com/cgi-bin/prnh/20060316/LATH064LOGO)

PRNewswire -- June 30

Photo: http://www.newscom.com/cgi-bin/prnh/20060316/LATH064LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Universal Pictures

CONTACT: Television, Heather Stotts, +1-818-777-5927, or Print, Jen
Chamberlain, +1-818-777-3694, or Photographers, Bette Einbinder,
+1-818-777-3226, or On-Line, Tyler Fowler, +1-818-777-5893, all of Universal
Pictures

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International Entertainment News

MultiVu Video Feed: Gala Premiere of The Beatles(TM) LOVE by Cirque du Soleil(R)

MultiVu Video Feed: Gala Premiere of The Beatles(TM) LOVE by Cirque du Soleil(R)

Star-Studded Red Carpet Event in Las Vegas

LAS VEGAS, June 30 /PRNewswire/ -- LOVE, the latest Cirque Du Soleil creation, a co-production with Apple Corps Ltd., celebrates the musical legacy of The Beatles and is presented exclusively at The Mirage in Las Vegas. This joint artistic venture marks the first time that The Beatles company, Apple Corps Ltd., has agreed to a major theatrical partnership.

Ringo Starr, Yoko Ono, Olivia Harrison, Sir George Martin, Giles Martin, Julian Lennon, Sean Ono Lennon, Blair Harrison, Dhani Harrison, Cynthia Lennon, Paul McCartney, Siegfried & Roy, Prince, Woody Harrelson, Billy Crystal, Tony Bennett, Megan Mullally, Eddie Murphy, Busta Rhymes, Virginia Madsen, John Densmore (The Doors), Jennifer Coolidge, Michael Richards, Elisha Cuthbert, Sean Avery (LA Kings), Brian Wilson (Beach Boys), Eliza Dushku, Rachel Leigh Cook, Dylan McDermott, Gina Gershon, Jason Patric, Dita Von Teese, Shannon Elizabeth, Helen Mirren and Taylor Hackford, Neil Patrick Harris, Elizabeth Berkley, Deborah Harry (Blondie), Heatherette, Dhani Jones (Philadelphia Eagles), Victoria Tennant, Roberta Flack, David LaChapelle, Danny Gans, George Wallace, David Brenner, Kevin Nealon, Wayne Brady, Paul Reiser, Chris Ferguson, Carrot Top, Melissa Rivers, Eric Idle (Monty Python), Sheila E. (Ringo Starr's Band), Colin Hay (Ringo Starr's Band), Richard Marx (Ringo Starr's Band), Billy Squier (Ringo Starr's Band), Edgar Winter (Ringo Starr's Band), Gus Van Zant, Annie Duke, Nigel Lythgoe (American Idol), Steve and Maureen Van Zandt, Jeff Lynne (ELO), Dave Stewart (Eurythmics), Phyllis McGuire, Mitsou Gelinas, Ginette Reno, Andre-Philippe Gagnon, David Foster and Humberto Gatica, among others.

SATELLITE FEEDS:

Friday, June 30th, 2006 Saturday, July 1st, 2006
11:45 PM - 12:00 AM ET 10:00 AM - 10:15 AM ET
Galaxy 11 IA 6
Transponder 20 Transponder 15
KU-Band C-Band
Downlink: 12100 V Downlink: 4000 V

Sunday, July 2nd, 2006 Monday, July 3rd, 2006
2:00 AM - 2:15 AM ET 10:00 AM - 10:15 AM ET
IA 6 IA 6
Transponder 15 Transponder 15
C-Band C-Band
Downlink: 4000 V Downlink: 4000 V

Preview and access this video on Pathfire DMG: 24409

Search within the PR Newswire or MultiVu section
by story ID # 24409 or by headline

For technical assistance call Pathfire Customer Care at
1-888-345-0489 or e-mail support@pathfire.com

FORMAT: News package with extra sound bites and b-roll.

NEWS: Premiere of latest Cirque du Soleil show, LOVE, a co-production with
Apple Corps Ltd., which celebrates the musical legacy of The Beatles.

ADDITIONAL RESOURCES: Video, contact information and more available at
http://www.prnewswire.com/broadcast/24409/consumer.shtml

SOUNDBITES:
* Various red carpet attendees
* Sir George and Giles Martin, Music Directors
* Dominic Champagne, Director and Writer, Show Concept Creator

B-ROLL INCLUDES: Show Footage***Behind the Scenes of the Show***Red Carpet Arrivals***

VIDEO PROVIDED BY: Cirque du Soleil, Apple Corps Ltd., The Mirage

Video: http://www.prnewswire.com/broadcast/24409/press.shtml
Source: Cirque du Soleil; Apple Corps Ltd.; The Mirage

CONTACT: For Technical Information or Hard Copy, Please Call:
MultiVuMedia Relations, 800-653-5313 EXT. 3

Web site: http://www.multivu.com/

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International Entertainment News

New Dixie Chicks Album, Taking The Long Way, Is a Global Smash

New Dixie Chicks Album, Taking The Long Way, Is a Global Smash

Certified RIAA Platinum in the U.S., 'Taking The Long Way' Crosses Two Million Mark Worldwide

NEW YORK, June 30 /PRNewswire/ -- Four weeks after its release on May 23, Taking The Long Way, the highly-acclaimed new album from the Dixie Chicks, has achieved a platinum (for sales of 1,000,000) certification by the RIAA, bringing the group's career total up to 41 gold, platinum and multi-platinum certifications, including two RIAA Diamond Awards.

The U.S. platinum success of Taking The Long Way has been echoed in similar chart-topping sales figures around the world. Taking The Long Way debuted at #1 (and remained in the top slot for four weeks) in Canada, where it is already 2x platinum, and at #2 in Australia, where it's certified platinum. The album debuted at #8 in New Zealand, where it's been certified gold.

Released in Europe on June 12, Taking The Long Way has already crossed the two million mark in sales worldwide with the album hitting the Top 10 in Sweden (peaked at #1), Australia (#2), Germany (#5), Europe (#6) Switzerland (#6), Ireland (#7, gold), Norway (#7), Austria (#8), and the UK Top 75 (#10, gold). The album is a new entry on the charts in Finland (#17), Denmark (#37), Holland (#42), and Belgium (#61). In every market in which it's charted, with the exception of New Zealand and Ireland, Taking The Long Way has the highest-charting debut numbers of any album in the Dixie Chicks' career.

When Taking The Long Way debuted at #1 on the Billboard Top 200 best-selling albums chart the week of its release, the Dixie Chicks became the first female group in chart history to have three albums debut at #1, breaking the record the Chicks established in 2002 when the group's last studio album, Home, debuted at #1 and made them the first female group ever to have two albums debut at #1.

With the #1 debut of Taking The Long Way, the Dixie Chicks have also become the first female group in chart history to have three studio albums occupy the #1 slot on the Top 200.

In addition to occupying the #1 spot on the Billboard 200 for two weeks in a row, Taking The Long Way has been America's #1 Top Country Album for five weeks running and was the nation's #1 Top Digital Album.

Taking The Long Way is produced by Rick Rubin (Johnny Cash, Neil Diamond, Red Hot Chili Peppers, Run-DMC) and features fourteen new songs co-written by the Dixie Chicks.

Having sold more than $100 million worth of concert tickets during their career, the Dixie Chicks are one of the most popular live acts in history. The Dixie Chicks will embark on the "Accidents & Accusations Tour" in support of Taking The Long Way in July. For additional tour information and links to purchase tickets for the "Accidents & Accusations" tour, please log on to: http://www.dixiechicks.com/

http://www.dixiechicks.com/

http://www.columbiarecords.com/

Source: Open Wide/Columbia Records

CONTACT: Cindi Berger, PMK, +1-212-582-1111, cindi.berger@pmkhbh.com;
Jen Holiner, PMK, +1-212-582-1111, jennifer.holiner@pmkhbh.com; Kathy Best,
FrontPage Publicity, +1-615-383-0412, kathy@frontpagepublicity.com; Claire
Mercuri, Columbia Records, +1-212-833-5121, claire.mercuri@sonybmg.com

Web site: http://www.dixiechicks.com/
http://www.columbiarecords.com/

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International Entertainment News

Kids Will Cheer, Moms Will Cringe When They Fly Into the Danger Zone With the Envelope-Pushing Phenomenon That Changed Television Forever

Kids Will Cheer, Moms Will Cringe When They Fly Into the Danger Zone With the Envelope-Pushing Phenomenon That Changed Television Forever

'Fear Factor: The First Season'

All Nine Original Episodes Now Available on DVD From Universal Studios Home Entertainment

Now You Can Enter the 'Fear Factor' Sweepstakes to Experience Fear Factor Live at the Universal Orlando Resort

UNIVERSAL CITY, Calif., June 30 /PRNewswire/ -- Re-experience the thrill of the outrageous television series that galvanized a nation in the original, riveting moments of "Fear Factor: The First Season" now on DVD from Universal Studios Home Entertainment. This two-disc collection contains the nine heart-stopping, pulse-pounding episodes that started the "Fear Factor" phenomenon. Each installment features three outrageous, over-the-top stunts that range from death-defying acrobatics to hilariously stomach-turning feasts, all forcing the participants to square off with their most primal fears. Squirm-inducing and compulsively watchable, "Fear Factor: The First Season" includes a preview of the most memorable moments from "Fear Factor: The Second Season." The two-DVD set is priced at $29.98 and hits retail shelves just in time to rev fans up for all new episodes on Tuesdays on NBC!

On "Fear Factor: The First Season," contestants muster all their courage and determination to take on some of the most extreme challenges ever seen on television, from car crashes previously performed only by top stunt professionals to a deep, dark cavern crawling with ravenous rats to a toast with a glassful of squirming "Wormtinis." If their fears get the best of them and they fail the mission, they are immediately eliminated, until just one entrant is left standing. Nominated for five Teen Choice Awards, two Kids' Choice Awards and a People's Choice Award, "Fear Factor" received the 2003 Teen Choice Award for Grossest Reality Moment (Miss USA contestants eating squid guts!)

And now you can register to win a vacation for four and experience Fear Factor Live at Universal Orlando Resort! Grand Prize includes: 4 day/3 night vacation package with hotel accommodations, theme park admission, and more! Log onto to www.FearFactorDVD.com to register for your chance to win!*

Synopsis

Is "Fear Factor" for you? Find out as you watch all the outrageous stunts, creepy insects and high-flying acrobatics of Season One -- on DVD for the first time ever! This exciting two-disc collection captures every heart-stopping, pulse-pounding Season One episode where players attempt thrilling stunts that challenge their worst fears. Now you can relive all the wacky, wild, and gross moments of this smash-hit show that will have you squirming in your seat!

For more information please visit: www.FearFactorDVD.com

TECHNICAL INFORMATION
DVD
Street Date: June 27, 2006
Pre-Order Close: May 23, 2006
Copyright: 2006 Universal Studios. All Rights Reserved.
Price: $29.98 SRP
Selection Number: 30644
Running Time: Disc 1: 3 hours, 39 minutes; Disc 2: 3 hours, 39 minutes
Layers: DVD-9 (Single Sided)
Aspect Ratio: Full Screen (1:33:1)
Rating: Not Rated
Technical Info: English Dolby Digital 2.0 Stereo, English SDH

For artwork or screeners, please log on to our Web site at www.ushepublicity.com or fax your request to Universal Studios Home Entertainment Publicity at (818) 866-0226.

Universal Studios Home Entertainment is a unit of Universal Pictures, a division of Universal Studios (www.universalstudios.com). Universal Studios is a part of NBC Universal, one of the world's leading media and entertainment companies in the development, production, and marketing of entertainment, news, and information to a global audience. Formed in May 2004 through the combining of NBC and Vivendi, NBC Universal owns and operates a valuable portfolio of news and entertainment networks, a premier motion picture company, significant television production operations, a leading television stations group, and world-renowned theme parks. NBC Universal is 80%-owned by General Electric, with 20% owned by Vivendi.

CONTACTS

Universal Studios Home Entertainment
Vivian Mayer
Senior Vice President, Publicity
(818) 777-3594

Lea Porteneuve
Vice President of Publicity
(818) 777-1391

Craig Radow
Senior Manager, Publicity
(818) 777-4572

* NO PURCHASE NECESSARY TO ENTER OR WIN in the "Fear Factor" Sweepstakes. Open to legal residents of U.S. and DC (excluding PR), Age 21+. Void in PR and where prohibited. Sweepstakes begins 12:01a.m. (ET) 6/27/06, ends 11:59p.m. (ET) 1/15/07. Subject to Official Rules available at www.FearFactorDVD.com Sponsor: Universal Studios Home Entertainment. Universal elements and all related indicia TM & (C) 2006 Universal Studios.

Source: Universal Studios Home Entertainment

CONTACT: Vivian Mayer, Senior Vice President, Publicity,
+1-818-777-3594, or Lea Porteneuve, Vice President of Publicity,
+1-818-777-1391, or Craig Radow, Senior Manager, Publicity, +1-818-777-4572,
all of Universal Studios Home Entertainment

Web site: http://www.ushepublicity.com/

Web site: http://www.universalstudios.com/

Web site: http://www.fearfactordvd.com/

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Profile: intent

International Entertainment News

Space Systems/Loral Selected to Build New Satellite for EchoStar

Space Systems/Loral Selected to Build New Satellite for EchoStar

PALO ALTO, Calif., June 30 /PRNewswire/ -- Space Systems/Loral, a subsidiary of Loral Space & Communications (NASDAQ:LORL), today announced that it has entered into a contract with a subsidiary of EchoStar Communications Corporation, Englewood Colo., to build a 1300-series satellite.

This new order from EchoStar is one of four satellite contracts awarded to Space Systems/Loral to date in 2006.

EchoStar Communications Corporation (NASDAQ:DISH) serves more than 12.2 million satellite TV customers through its DISH Network(TM), the fastest growing U.S. provider of advanced digital television services in the last five years. DISH Network offers hundreds of video and audio channels, Interactive TV, HDTV, sports and international programming, together with professional installation and 24-hour customer service. Visit EchoStar's DISH Network at http://www.dishnetwork.com/ or call 1-800-333-DISH (3474).

Space Systems/Loral is a premier designer, manufacturer, and integrator of powerful satellites and satellite systems. SS/L also provides a range of related services that include mission control operations and procurement of launch services. Based in Palo Alto, Calif., the company has an international base of commercial and governmental customers whose applications include broadband digital communications, direct-to-home broadcast, defense communications, environmental monitoring, and air traffic control. SS/L satellites have amassed more than 1,300 years of reliable on-orbit service. SS/L is ISO 9001:2000 certified. For more information, visit http://www.ssloral.com/.

Loral Space & Communications is a satellite communications company. In addition to Space Systems/Loral, through its Skynet subsidiary Loral owns and operates a fleet of telecommunications satellites used to broadcast video entertainment programming, and for broadband data transmission, Internet services and other value-added communications services. For more information, visit Loral's web site at http://www.loral.com/.

This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition, Loral Space & Communications Inc. or its representatives have made or may make forward- looking statements, orally or in writing, which may be included in, but are not limited to, various filings made from time to time with the Securities and Exchange Commission, press releases or oral statements made with the approval of an authorized executive officer of the company. Actual results could differ materially from those projected or suggested in any forward-looking statements as a result of a wide variety of factors and conditions. Many of these factors and conditions are described under the caption "Risk Factors" in each of the company's annual report on Form 10-K for the fiscal year ended December 31, 2005 and its quarterly reports on Form 10-Q for subsequent periods. The reader is specifically referred to these documents, as well as the company's other filings with the Securities and Exchange Commission.

Source: Space Systems/Loral

CONTACT: John McCarthy of Loral Space & Communications, +1-212-338-5345;
or Kathie Gonzalez of EchoStar Communications Corporation, +1-720-514-5351

Web site: http://www.loral.com/
http://www.dishnetwork.com/
http://www.ssloral.com/

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Profile: intent

International Entertainment News

Handleman Company Reports Results for Fourth Quarter and Fiscal Year 2006

Handleman Company Reports Results for Fourth Quarter and Fiscal Year 2006

TROY, Mich., June 30 /PRNewswire-FirstCall/ -- Handleman Company (NYSE:HDL), http://www.handleman.com/ , today announced results for its fourth quarter and fiscal year ended April 29, 2006.

Revenues for the fiscal year ended April 29, 2006 ("fiscal 2006") were $1.31 billion, compared to $1.26 billion for the fiscal year ended April 30, 2005 ("fiscal 2005"). Net income for fiscal 2006 was $13.6 million or $.65 per diluted share, compared to $34.2 million or $1.51 per diluted share for fiscal 2005.

Revenues for the fourth quarter of fiscal 2006 were $284.7 million, compared to $273.9 million for the fourth quarter of fiscal 2005. During the fourth quarter of this year the Company had a net loss of $6.5 million or $.32 per diluted share, compared to net income of $4.4 million or $.20 per diluted share for the fourth quarter of last year.

Stephen Strome, the Company's Chairman and CEO stated, "We are very disappointed with our financial results. Higher revenues during both the fourth quarter and fiscal year 2006 were not enough to offset the decline in our gross profit margin and higher selling, general and administrative expenses. The results for the year were particularly impacted by our U.S. music operation, which experienced lower revenues of $83 million and a gross profit margin decline of nearly three points as a percentage of revenues."

The Company has responded by undertaking several initiatives to lower costs. The Company's goal is to achieve an annual cost savings equal to 10% of the Company's selling, general and administrative (SG&A) expenses, or approximately $20 million. The savings goal established by the Company does not include one-time implementation costs, which may be incurred in order to realize these savings. Some cost saving initiatives have recently been completed, while others are in the process of being launched.

These initiatives include:

* Closing Crave Entertainment Group's (Crave) distribution facility in California and consolidating it into the Company's existing facility in Indianapolis. This provides savings in rent and freight costs.

* Combining REPS' and Handleman's in-store service organizations. This will result in a consolidation of locations and eliminate duplicate activities, and will better leverage employees' time in customers' stores to a broader category of products.

* Restructuring of employee benefit programs.
* Several strategies aimed at lowering customer product returns.
* Reducing discretionary programs and corporate overhead.

Stephen Strome added, "In addition to aggressively working to reduce SG&A expenses, we are actively pursuing new customers and seeking additional opportunities to grow our business with current customers. We recently announced that Tesco, the largest supermarket and general merchandise retailer in the United Kingdom, was added to our list of customers. We will begin servicing this customer in the latter part of fiscal 2007."

Fiscal 2006

Revenues for fiscal 2006 were $1.31 billion, compared to $1.26 billion for fiscal 2005. The fiscal 2006 acquisitions of Crave and REPS added $105 million to revenues. In addition, revenues within the Company's United Kingdom (UK) and Canadian operations increased by $31 million. These revenue increases, however, were partially offset by lower revenues within the Company's U.S. music operation. Lower U.S. music revenues were primarily due to the previously announced reassignment of 425 customers' stores to competitors during the first and second quarters of fiscal 2006. In addition, overall weakness in U.S. music industry sales also contributed to the decline in revenues. U.S. music industry sales during the Company's fiscal 2006 declined 5.6% from the prior year (as reported by Nielsen SoundScan).

The Company's gross profit margin, as a percentage of revenues, was 17.2% for fiscal 2006, compared to 19.4% for fiscal 2005. The decline in the gross profit margin percentage was primarily due to an increase in customer promotions, a greater percentage of revenues generated with customers who receive less than full category management services and the addition of Crave revenues, all of which earn lower gross profit margins than the Company's consolidated gross profit margin.

SG&A expenses for fiscal 2006, excluding Crave and REPS, were $188.7 million, compared to $193.4 million for fiscal 2005, a decline of $4.7 million. Included in SG&A expenses this year were higher costs associated with processing and handling an increase in customer product returns. Customer product returns this year were up over $56 million, and represented 19.1% of customer shipments compared to 16.8% during fiscal 2005. The Company estimates that higher customer product returns, driven by increased customer promotional activity, lower store inventory levels, and a decline in overall music sales, increased SG&A expenses during fiscal 2006 by approximately $6.0 million. SG&A expenses for Crave and REPS for fiscal 2006 were $21.3 million.

Stock Repurchase

During fiscal 2006, the Company repurchased 1,648,100 shares of its common stock at an average price of $13.31 per share. Approximately 1.2 million shares remain under the Board-authorized 15% share repurchase program announced in February 2005. As of April 29, 2006, the Company had 19,989,830 shares outstanding.

Fourth Quarter of Fiscal 2006

Revenues for the fourth quarter of fiscal 2006 were $284.7 million, compared to $273.9 million for the fourth quarter of fiscal 2005. The increase in revenues during the fourth quarter of fiscal 2006 was due to the acquisition of Crave and REPS, which added $37.2 million in revenues. Music revenues within the Company's U.S., UK and Canadian operations all declined during the fourth quarter this year, with U.S. revenues having the largest decline, $23.2 million. Music industry sales in the U.S., UK and Canada (as reported by Nielson SoundScan and CIN) also declined during the Company's fourth quarter of fiscal 2006 compared to the prior year's fourth quarter. The music industry decline was: 2.5% in the U.S.; 6.3% in the UK; and 4.6% in Canada.

The Company's gross profit margin, as a percentage of revenues, was 17.4% for the fourth quarter, compared to 19.8% for the fourth quarter of last year. The decline in the gross profit margin percentage this year was primarily due to an increase in customer promotions, a greater percentage of revenues generated with customers who receive less than full category management services, and the addition of Crave revenues, all of which earn lower gross profit margins than the Company's consolidated gross profit margin. The gross profit margin for the fourth quarter of this year was comparable to the Company's gross profit margin for the entire year.

SG&A expenses for the fourth quarter, excluding Crave and REPS, were $47.0 million, compared to $48.2 million for the same quarter of last year, a decline of $1.2 million. SG&A expenses for Crave and REPS for the fourth quarter of this year were $9.1 million, and included one-time costs of approximately $700,000 to relocate Crave's distribution facility to Indianapolis.

The results of the fourth quarter of this year were also impacted by a loss from discontinued operations, net of tax, of $888,000. This loss was the result of the final settlement of all remaining issues relating to the Company's December 2003 sale of Anchor Bay Entertainment. In addition, net investment expense for the fourth quarter of this year increased by $2 million, resulting primarily from financing costs related to the Crave acquisition.

Stephen Strome concluded, "During the year, we acquired two businesses and began an integration process focusing on achieving the synergy potentials and leveraging sales opportunities. These acquisitions expand our customer base and product categories, while providing the Company with a more diverse platform for growth. We are implementing our plan to leverage these opportunities and expect improved financial performance during fiscal 2007."

Outlook

Softness in the music and console video game industries is expected to have a continuing impact on the Company's near term operating performance. As a result, and based on actual operating performance during the first two months of the Company's fiscal 2007 first quarter, the Company expects an operating loss for its first quarter greater than the loss it incurred during the same period of fiscal 2006. The first quarter is expected to be the weakest quarter of the Company's fiscal year. The Company expects to return to profitability during its second quarter.

Call Notice

Handleman Company will host a conference call to discuss the fourth quarter and fiscal year 2006 financial and operating results on Friday, June 30, 2006 at 11:00 a.m. (Eastern Time). To participate in the teleconference call (in listen mode only), please dial 800-442-9683 at least five minutes before the start of the conference call. In addition, Handleman Company will simulcast the conference live via the Internet. The web cast can be accessed and will be available for 30 days on the investor relations page of Handleman Company's web site, http://www.handleman.com/ . A telephone replay of the conference call will be available until Friday, July 7, 2006 at midnight by calling 800-642-1687 (PIN Number 1691205).

About Handleman Company

Handleman Company is a category manager and distributor of prerecorded music and console video game hardware, software and accessories to leading retailers in the United States, United Kingdom, and Canada. As a category manager, the Company manages a broad assortment of titles to optimize sales and inventory productivity in retail stores. Services offered include product selection, direct-to-store shipments, marketing and in-store merchandising.

Forward-Looking and Cautionary Statements

Information in this press release contains forward-looking statements, which are not historical facts. These statements involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could differ materially from those contemplated by these forward- looking statements including, without limitation, risks associated with the Company's responsibilities required under its agreement with Tesco PLC, the ability to secure funding or generate sufficient cash required under the Company's agreement with Tesco PLC and to build and grow other new businesses, achieving the business integration objectives expected with the Crave Entertainment Group and REPS acquisitions, achievement of cost saving strategies completed or in the process of being implemented, changes in the music and console video game industries, continuation of satisfactory relationships with existing customers and suppliers, establishing satisfactory relationships with new customers and suppliers, effects of electronic commerce inclusive of digital music and console video game distribution, success of new music and video game releases, dependency on technology, ability to control costs, relationships with the Company's lenders, pricing and competitive pressures, dependence on third-party carriers to deliver products to customers, the occurrence of catastrophic events or acts of terrorism, certain global and regional economic conditions, and other factors discussed in this press release and those detailed from time to time in the Company's filings with the Securities and Exchange Commission. Handleman Company notes that the preceding conditions are not a complete list of risks and uncertainties. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

CONSOLIDATED STATEMENTS OF INCOME
(amounts in thousands, except per share data)

Three Months Ended
April 29, 2006 April 30,2005
(13 weeks) (13 weeks)

Revenues $284,735 $273,916

Costs and expenses
Direct product costs (235,282) (219,664)
Selling, general and
administrative expenses (56,078) (48,193)
Operating (loss)/income (6,625) 6,059

Investment (expense) income, net (1,759) 265

(Loss)/income from continuing
operations before income taxes (8,384) 6,324

Income tax benefit (expense) 2,738 (1,768)

(Loss)/income from continuing operations (5,646) 4,556

Loss from discontinued operations,
net of tax (888) (204)

Net (loss)/income $(6,534) $4,352

Basic net (loss)/income per share
- From continuing operations $(0.28) $0.21
- From discontinued operations (0.04) (0.01)
Total basic net income per share ($0.32) $0.20

Diluted net (loss)/income per share
- From continuing operations ($0.28) $0.21
- From discontinued operations (0.04) (0.01)
Total diluted net income per share ($0.32) $0.20

Weighted average number of
shares outstanding - basic 20,311 21,843
- diluted 20,311 22,061

Year Ended
April 29, 2006 April 30, 2005
(52 weeks) (52 weeks)

Revenues $1,312,404 $1,260,585

Costs and expenses
Direct product costs (1,086,928) (1,016,334)
Selling, general and
administrative expenses (210,029) (193,412)
Operating (loss)/income 15,447 50,839

Investment (expense) income, net 1,928 2,457

(Loss)/income from continuing
operations before income taxes 17,375 53,296

Income tax benefit (expense) (2,557) (18,413)

(Loss)/income from continuing operations 14,818 34,883

Loss from discontinued operations,
net of tax (1,250) (687)

Net (loss)/income $13,568 $34,196

Basic net (loss)/income per share
- From continuing operations $0.71 $1.55
- From discontinued operations (0.06) (0.03)
Total basic net income per share $0.65 $1.52

Diluted net (loss)/income per share
- From continuing operations $0.71 $1.54
- From discontinued operations (0.06) (0.03)
Total diluted net income per share $0.65 $1.51

Weighted average number of
shares outstanding - basic 20,806 22,500
- diluted 20,962 22,584

CONSOLIDATED CONDENSED BALANCE SHEETS
(amounts in thousands)

April 29, 2006 April 30, 2005
Assets
Cash and cash equivalents $10,346 $30,826
Accounts receivable, less
allowances of $13,658 at
April 29, 2006 and $10,809
at April 30, 2005 257,942 232,409
Merchandise inventories 128,844 115,672
Other current assets 9,898 12,954
Total current assets 407,030 391,861
Property and equipment, net of
depreciation and amortization 54,099 60,180
Other assets, net 113,902 24,958
Total assets $575,031 $476,999

Liabilities
Debt, current $3,960 $--
Accounts payable 144,401 133,319
Other current liabilities 30,326 31,019
Total current liabilities 178,687 164,338
Debt, non-current 83,600 --
Other liabilities 15,755 13,778
Total Liabilities 278,042 178,116

Shareholders' equity 296,989 298,883
Total liabilities and
shareholders' equity $575,031 $476,999

ADDITIONAL INFORMATION FROM CONTINUING OPERATIONS (amounts in thousands)

Three Months Ended
April 29, 2006 April 30, 2005
(13 Weeks) (13 Weeks)

Income/(loss) from continuing
operations ($5,646) $4,556
Investment expense (income), net 1,759 (265)
Income tax expense (benefit) (2,738) 1,768
Depreciation/amortization expense 5,610 4,535
Recoupment of license advances 1,790 --

Adjusted EBITDA* $775 $10,594

Additions to property and equipment $1,387 $4,653

Year Ended
April 29, 2006 April 30, 2005
(52 Weeks) (52 Weeks)

Income/(loss) from continuing
operations $14,818 $34,883
Investment expense (income), net (1,928) (2,457)
Income tax expense (benefit) 2,557 18,413
Depreciation/amortization expense 19,645 17,636
Recoupment of license advances 3,419 --

Adjusted EBITDA* $38,511 $68,475

Additions to property and equipment $10,387 $17,008

* Adjusted EBITDA is computed as income/(loss) from continuing operations less net investment income and income tax benefit, plus net investment expense, income tax expense, depreciation expense, amortization expense and recoupment of license advances.

Source: Handleman Company

CONTACT: Thomas Braum, Sr. Vice President and CFO,
+1-248-362-4400, Ext. 718, or Greg Mize, Vice President, Investor Relations,
+1-248-362-4400, Ext. 211, both of Handleman Company

Web site: http://www.handleman.com/

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Profile: intent