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Univision to Announce Second Quarter 2006 Results and XM Satellite Radio Holdings Inc. Announces Second Quarter 2006 Results

Broadcasting industry news provided by Financial News USA (OTC: FNWU). Univision Communications Inc. (NYSE: UVN) will announce its second quarter 2006 results on Thursday, August 3, 2006, after the close of the stock market. The press release will be available at www.univision.net. As a result of Univision Communications' agreement to be acquired by a group including Madison Dearborn Partners, Providence Equity Partners, Texas Pacific Group, Thomas H. Lee Partners and Saban Capital Group, the Company will not conduct a conference call or webcast. Clear Channel Communications, Inc. (NYSE:CCU) announced recently that its Board of Directors declared a quarterly cash dividend of $0.1875 per share on its Common Stock. The dividend is payable on October 15, 2006 to shareholders of record at the close of business on September 30, 2006. Clear Channel Communications, Inc., headquartered in San Antonio, Texas, is a global leader in the out-of-home advertising industry with radio and television stations and outdoor displays around the world.

XM Satellite Radio Holdings Inc. (Nasdaq: XMSR) recently reported financial and operating results for the second quarter ended June 30, 2006, and it announced that it recently surpassed seven million subscribers. For the second quarter 2006, XM recorded gross subscriber additions of 926,281 and net subscriber additions of 398,012. XM finished the second quarter 2006 with a total of 6,899,871 subscribers, representing a 56 percent increase over the 4,417,490 subscribers at the end of the second quarter 2005. On July 20, Jack Lennon, CEO of U.S. Starcom, Inc. (Pink Sheets: USTA) updated the investment community in an exclusive interview with www.wallst.net. Topics covered in the interview include an overview of the Company and the markets it serves, recent press releases, current capitalization, and upcoming strategic and financial milestones. To hear the interview in its entirety, visit www.wallst.net, and click on "Interviews."

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