--(www.USEquityNews.com)-- 04/18/2008 - Broadcasting industry alert provided by U.S. Equity News. Entercom Communications (NYSE: ETM) announced recently that it will release first quarter 2008 financial results before the market opens on Thursday, April 24, 2008. Entercom will hold a conference call regarding the quarterly earnings release on Thursday, April 24, 2008 at 9:00 AM Eastern Time. The public may access the conference call by dialing 888-889-0278 (passcode: Entercom). A replay of the conference call will be available through May 8, 2008 by dialing 866-457-5717.
Beasley Broadcast Group, Inc. (NASDAQ: BBGI), a large- and mid-size market radio broadcaster, will release its fiscal 2008 first quarter financial results before the market opens on Monday, May 5, 2008. The Company will host a conference call and simultaneous webcast that morning at 11:00 a.m. ET. Both the call and webcast are open to the general public. The conference call number is 973/582-2717. Please call five minutes in advance to ensure that you are connected prior to the presentation.
Regent Communications, Inc. (NASDAQ: RGCI) recently announced the appointment of John F. DeLorenzo to the Company's Board of Directors effective as of April 13, 2008. Mr. DeLorenzo fills the vacancy created by the resignation of Joseph Patrick Hannan, who voluntarily tendered his resignation from the Board following a change in his principal occupation. It is expected that Mr. DeLorenzo will serve on the Board's Audit and Compensation Committees. "I want to thank Mr. Hannan for his assistance on the board and I wish him well with his future endeavors," commented William Sutter, Chairman of the Board of Regent.
247MGI Inc. (OTC BB: TOFS) ("247MGI"), is pleased to announce it has signed an LOI to acquire a manufacturing company located in Miami, Florida. As previously announced the Company is seeking to increase liquid assets and has been working with several companies looking to go public. The manufacturing company will become a wholly owned subsidiary 247MGI and the transaction does not require the issuance of any Common or Preferred stock to the manufacturing company. The manufacturing company currently has sales of $1.8 million and with some changes 247MGI has required as part of the deal the company will net a minimum of 10% before taxes.
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