Message #4 From:
NewsBot Date: June 15, 2005 03:39:48 PM
ACME Deutsche Bank Analyst James Dix Initiates Coverage of Twelve Radio Broadcasting, TV Broadcasting and Satellite Radio Stocks
Deutsche Bank Analyst James Dix Initiates Coverage of Twelve Radio Broadcasting, TV Broadcasting and Satellite Radio Stocks
NEW YORK
Deutsche Bank
Media Relations:
Renee Calabro, 212-250-5525
www.db.com
Deutsche Bank Securities Inc. today announced that analyst James Dix has initiated coverage of the following twelve companies within the radio broadcasting, TV broadcasting and satellite radio sectors: ACME Communications (Nasdaq: ACME), Beasley Broadcast Group (Nasdaq: BBGI), Clear Channel Communications (NYSE: CCU), Entercom Communications (NYSE: ETM), Entravision (NYSE: EVC), Hearst-Argyle Television (NYSE: HTV), LIN TV (NYSE: TVL), Radio One (Nasdaq: ROIA), Salem Communications (Nasdaq: SALM), Sirius Satellite Radio (Nasdaq: SIRI), Univision Communications (NYSE: UVN), and XM Satellite Radio Holdings (Nasdaq: XMSR).
"Niche broadcast media should be better than general market broadcast media at fighting technology threats, managing commercial inventory and pushing price increases," said Dix. "For the general market broadcasting stocks, we are looking for catalysts relating to media usage trends, advertising time inventory management, and share gains from non-broadcast media."
Dix forecasts 35 million satellite radio subscribers by 2010. He believes additional data on customer satisfaction and the satellite radio companies' long-term cost structures, as well as better understanding of how satellite radio will position itself against competing technologies, should create investment opportunities.
About Deutsche Bank
With Euro 901 billion in assets and 64,500 employees, Deutsche Bank offers unparalleled financial services in 74 countries throughout the world. Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.
Deutsche Bank ranks among the global leaders in corporate banking and securities, transaction banking, asset management, and private wealth management, and has a significant private and business banking franchise in Germany and other selected countries in Continental Europe.
