FOR IMMEDIATE RELEASE
“Light Media (OTC: LGMH) Announces 2011 and Beyond Strategic Media Operating Focus; and
Immediate Termination of Energy Alliance Agreement With DCD Operating"
June 14, 2011. Atlanta. Light Media (OTC: LGMH) announced today its 2011 Strategic Media Operating focus, following its recent closing of its acquisition of FM Radio property (105.5 FM/WZBN), as well that it has fully and effectively terminated its Energy Alliance Agreement with DCD Operating, announced on November 1, 2010. All rights, duties, affiliations and obligations between Light Media and DCD are perpetually cancelled, terminated in all respects and forever non-renewable effective immediately.
2011 and Beyond Light Media (OTC: LGMH) Strategic Media Operating Focus:
Intensifying its exclusive media focus in 2011 and beyond, Light Media on June 1, 2011 announced the closing of its acquisition of terrestrial radio platform media property, Power 105.5 FM/WZBN, enabling Light Media to join the exclusive ranks of publicly-traded companies such as Radio One (ROIA), Salem Communications (SALM), Beasley Broadcasting (BBGI), with ownership of at least one radio property. For more information on Light Media, please visit:www.LightMediaHoldings.com; and on recently acquired Power 105.5 FM/WZBN, the world's first and only 24/7 formatted Holy Hip Hop and Contemporary Gospel radio station property (or to listen live via Internet or SmartPhone anytime), please visit:www.Power105TheKing.com
About Light Media:
Light Media (OTC: “LGMH”), Inspirational Media Specialist, via its integrated portfolio platform partners targets the youth, young adult and adult/family demographic for inspirational media and entertainment that uplifts the community 24/7. For more info., please visit: www.LightMediaHoldings.com.
About Power 105.5...The King:
Power 105.5...The King is located in Albany, GA, with music format being an eclectic mix of: Holy Hip Hop and Contemporary Gospel music. For more information, please visit: www.Power105TheKing.com. To listen live (via the Internet--outside of Metro Albany, GA (24/7), please visit: www.lifestream.tv/theking (Click 'Play' button to stream online or on your cellphone or digital device). Follow us on FaceBook and Twitter at: http://www.facebook.com/pages/Power-105-the-King/108191729261111; and http://twitter.com/#!/power105theking
About Albany, GA:
Founded by Connecticut Businessman, Nelson Tift, the City of Albany, GA was Incorporated in December 27, 1838. According to the United States Census Bureau, the Albany, Georgia Metropolitan Statistical Area (MSA) had an estimated population of 165,400 and ranked #234 in the U.S. The MSA consists of Dougherty, Terrell, Lee, Worth, and Baker Counties. The racial makeup is: 64.80% African American and Black, 33.21% White, 0.21% Native American, 0.60% Asian, 0.03% Pacific Islander, 0.45% from other races, and 0.71% from two or more races. Hispanic or Latino of any race were 1.23% of the population. Health care, education and the Marine Corps Logistics Base Albany are the largest employers. Manufacturing, transportation, and retail trade are also important foundations of Albany's economy and the city acts as a hub for commerce in southwest Georgia.
Albany is the birthplace of legendary recording artist: Ray Charles.
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.