Archive | February, 2012

“Former Radio One COO, Mary Catherine Sneed, Joins Light Media”

6 Feb

      

  

 

“Former Radio One COO, Mary Catherine Sneed, Joins Light Media”

ATLANTA, GA–(PR Newswire – February 6, 2012) – Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced today that Mary Catherine Sneed, a leading radio industry catalyst and pioneer, has joined its team.  Recognized by RadioInk Magazine as one of the Top 10 Most Powerful Women In Radio in 2004, Mary Catherine Sneed served as Nasdaq-publicly-traded Radio One’s Chief Operating Officer for 8 years (1998-2006).  Mary Catherine Sneed, working side-by-side with Radio One’s Founder (Cathy Hughes) and CEO (Alfred Liggins) built Radio One from 2 to 71 radio stations and over $300 million in revenues.  At the time of Mary Catherine Sneed’s departure from Radio One on June 30, 2006, Radio One’s closing stock price was: $7.40 per share.  Mary Catherine Sneed will advise Light Media on key strategic corporate initiatives, including but not limited to: sales, programming, acquisitions, alliances, etc.

“Mary Catherine Sneed is a Trail-Blazer; and her proven power and relentless drive to turn vision into reality and take a little-known company, like Radio One was in 1998, and turn it into a formidable 71-radio stations one-third of a billion dollars multimedia conglomerate eight years later parallels the storied rise of Clear Channel from micro-cap obscurity to large-cap market leader (see historical reference note below).  Light Media is excited to have Mary Catherine Sneed as a value-added member of its strategic advisory team,” said Danny Wilson, CEO of Light Media.

Historical Reference Note (Media): In 1984, a relatively then unknown micro-cap, publicly-traded media company was in the midst of completing its Initial Public Offering (IPO) at a split-adjusted price of $0.43 per share (6 radio stations).  Still unknown to the masses, that then 1984 $0.43/share penny stock publicly-traded media company evolved to what is known today as “Clear Channel Media and Entertainment” and a stock price at its height in excess of $30/share and an estimated market value of $24 Billion at the time of its privatization in 2008 (exploding from 6 to 850 radio stations).  For more information on Clear Channel  Media and Entertainment, please visit: www.ClearChannel.com.

About Mary Catherine Sneed:  An Auburn University Graduate and leading media executive with over 30 years of all-around radio expertise, Mary Catherine Sneed in 2004 was named by Radio Ink Magazine as one of the Top 10 most powerful women in media worldwide.  Mary Catherine Sneed served as an Executive Vice President at Summit Communications prior to joining Radio One in 1995 and prior to Summit, she successfully programmed radio stations from rock to alternative formats in major markets.  From 1998 to 2006, Mary Catherine Sneed served as Chief Operating Officer of Nasdaq-listed media conglomerate (Radio One) and General Manager of Radio One’s very first Hip-Hop radio station (97.5 FM (Atlanta, GA)), building Radio One from 2 to 71 radio stations nationwide.  To read an insightful article about Mary Catherine Sneed, published by the Washington Post (January 12, 2004) click the following link: Hip-Hop’s Unlikely Voiceor copy/paste the following weblink into your web-browser: http://www.washingtonpost.com/ac2/wp-dyn/A8747-2004Jan11?language=printer

About Light Media:

Light Media (OTC Markets: LGMH), Inspirational Media Specialist, markets, produces and distributes inspirational music, video, video games, print media and entertainment in the Urban Media space through its network of radio, Internet, television, print and special events global business platforms and marketing and alliance partners.  Light Media is also the 20th publicly-traded radio/media conglomerate (member) of the prestigious RBR-TVBR Media Stocks Index (see full  RBR-TVBR Media Index listing at: http://www.rbr.com/media-news/stocks/nasdaq-hits-11-year-high-2-3-12.html ). To listen to Power 105.5/The King, please visit: www.Power105TheKing.com.   For more information, please visit: www.LightMediaHoldings.com.  Light Media Capitalization Structure, as of Q4 (2011): Common Shares Issued: 38,273,500; Common Shares Float; 7,050,000; Common Shares Authorized: 100,000,000.

Cautionary Note Regarding Forward-Looking Statements:

This press release contains statements, which may constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995.  Those statements include statements regarding the intent, belief or current expectations of Light Media (OTC: “LGMH”) and members of its management as well as the assumptions on which such statements are based.  Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.

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Analyst says media stocks are undervalued

6 Feb

Analyst says media stocks are undervalued
05 February, 2012 10:48:00
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Michael C. Alcamo of M.C. Alcamo & Co. Inc. notes that media stocks have a sharp drop in multiples over the past two years – 32% as a matter of fact – and suggests that it represents a general lack of confidence in broadcast. And the worst of it has hit companies that have interests in more media pots than broadcast. Alcamo says this lack of confidence may be misplaced.

Alcamo noted that, “…the sector is positioned for an exceptionally profitable year. The outlook for future quarters beyond 2012 is also excellent.”

Alcamo explained, “We evaluated both pureplay broadcasters as well as integrated media groups (media firms with a significant broadcasting division). When compared to the pureplay broadcasters, integrated media groups are apparently assessed a 19% valuation discount by investors. Investors may be assessing this “valuation penalty” due to less optimistic views they hold regarding the outlook for print assets, particularly newspaper assets.”

He went on: “Lastly, we evaluated the stock price position of the fourteen media firms in the study, and compared these to the pacing for the S&P 500 index. While the S&P 500 currently stands at 80% of the way through its 52-week range, broadcast stocks are moving more sluggishly. Stocks of pureplay broadcasters are only 64% through their 52-week range. Stocks of integrated media groups are moving with even greater torpor — on average, these stocks are only 59% of the way through their 52-week range.”

The six pureplay groups included Belo, Fisher, Gray, LIN, Nexstar and Sinclair.

The five integrated groups included Gannett, Journal, Meredith, Media General and E.W. Scripps.

Here’s the money shot from Alcamo: “In times of rising stock prices, broadcasting stocks generally significantly outpace the overall stock index. Therefore, should the current stock market rally continue, we believe the stocks of broadcasters are poised to advance significantly ahead of the index.”

Three (3) Specific Questions For Investors in Christian/Socially-Responsible Companies

2 Feb

From: Danny Wilson, Pres., Light Media (OTC: LGMH)

To: Past, Current or Prospective Investors In Christian/Socially Responsible Publicly-Traded Media Companies

Subject: Three (3) Specific Questions For Investors in Christian/Socially-Responsible Companies:

Date: February 2, 2012

Three (3) Specific Questions for current Investors, past Investors or prospective Investors in Christian/Socially-Responsible Publicly-traded companies:

(1) Please list three (3) specific things that you believe could be done, in your opinion, by a Christian/Socially-Responsible publicly-traded media company, if anything at all, to increase the standing and visibility of Christian/Socially-Responsible publicly-traded media companies;

(2) Please list three (3) specific long-term policies that you would like to see, in your opinion, Christian/Socially-Responsible publicly-traded media companies develop and/or implement as standard practice or modus operandi that you believe may be missing; and

(3) Please list three (3) strategies that you believe, in your opinion, a Christian/Socially-Responsible publicly-traded media company should deploy to keep investors excited and energized, while these companies simultaneously initiate plans and activities to advance the common good, uplift the community and make a difference in lives of youth, young adults and adults alike.

If you are reading this, then please reply below on this Blog post thread. Also, please feel free to share this message with anyone that you know or you believe would be interested, willing or able to provide genuine feedback to the three (3) questions posed above, via posting at the following blog, where this message is originating: https://hotchristianstocks.wordpress.com/

Thank you very much for your time.

Yours Truly,

Danny Wilson, President
Light Media (OTC Markets: LGMH)
Corporate Website: http://www.LightMediaHoldings.com
Rev. 20:13.

P.S.: For clarity, this message post is not a solicitation to buy or sell securities, or any endorsement of any particular stock. This message post instead is a request for feedback and opinions from the general investing community to the three (3) specific questions posed above.