MIAMI, April 7, 2005 (PRIMEZONE) -- Stock Market Alert's watch list includes: Universal Broadcast Network, Inc. (Pink Sheets:UMDH), Siebel Systems, Inc. (Nasdaq:SEBL), Microsoft Corp. (Nasdaq:MSFT) and Pfizer Inc. (NYSE:PFE).
Universal Broadcast Network, Inc. (Pink Sheets:UMDH) should have investors' full attention. The company recently announced it is working with Turner Media Group (TMG), a privately held Denver-based media company with interests in cable, satellite, broadcast and interactive TV, on three business initiatives. The initiatives are -- Programming and Production, Distribution and Agency Affiliation. The press release stated the following details on each initiative:
On the Distribution front, UBN maintains carriage in sixteen markets that reach over one million homes. The Networks Group (TNG), a subsidiary of Turner Media Group, will begin to offer its programming to these markets with a time sharing on the channel.
Programming and Production -- UBN is in production on six new programs that feature branded entertainment and transactions. One of the programs is a men's health program.
Agency Affiliation -- UBN is working with the programming team at TNG to source programming and other opportunities including advertising and sponsorships.
Universal Broadcast Network's core business is the development, management and operation of a network of low power television (LPTV) broadcast stations. In addition to owning broadcast television stations, Universal Broadcast Network specializes in high-end production of engagement marketing television programs, direct response and infomercials. The company derives revenue from broadcast fees, video production and media placement services.
Other stocks of interest yesterday were: Siebel Systems, Inc. (Nasdaq:SEBL) down 9.7% on 80.2 million shares traded, Microsoft Corporation (Nasdaq:MSFT) up 0.8% on 78 million shares traded and Pfizer Inc. (NYSE:PFE) down 0.1% on 38 million shares traded.
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