Equity Media Announces Strategic Affiliation with MTV Tr3's in New York

Equity Media Announces Strategic Affiliation with MTV Tr3's in New York

EMHC to Launch Latino Youth Network in New York Market

LITTLE ROCK, Ark., Aug. 21 /PRNewswire-FirstCall/ -- Equity Media Holdings Corporation (NASDAQ:EMDA), one of the largest owners and operators of television stations in the United States, announced today that it will launch an MTV Tr3's affiliate on its newly-acquired New York station, WMBQ. MTV, a division of Viacom Inc. (NYSE:VIA) has extended its reach to millions of Hispanic consumers through MTV Tr3's. The new affiliate will be available over-the-air on channel 46 beginning in October.

"We are pleased to announce this strategic affiliation with MTV Tr3's to bring the network's bilingual programming to New York's rich mix of Hispanic cultures," said Thomas M. Arnost, President and CEO of Equity Broadcast Station Group. "We feel MTV Tr3's programming fills a void and will serve as an effective complement to the successful, traditional Spanish-language programming currently available in the highly-diversified New York Hispanic market."

MTV Tr3's programming blocks, which include specials, concerts, video countdowns and artist's picks, feature everything from rock to reggaeton, alternative to dance, punk to pop and give Latino youth a channel that reflects them, their diverse taste in music and their favorite Latino and American artists. Although music programming is at the core of MTV Tr3's, the network's programming slate also features lifestyle series, news, documentaries and other long-form programs that celebrate U.S. Latino's hybrid identity and culture.

"We are thrilled to partner with Equity Media Holdings to extend the reach of MTV Tr3's programming in such a critically important market," added Lucia Ballas-Traynor, Senior Vice President and General Manager, MTV Tr3's.

WMBQ's new programming lineup will include a combination of original productions and favorites from the extensive MTV library, customized for the U.S. Latino audience. The channel's signature show is "Mi TRL," hosted by VJ Carlos Santos from the MTV studios in Times Square. MTV's mega hits "My Super Sixteen" and "Pimp My Ride" are customized for the MTV Tr3's airwaves in "Quiero Mis Quinces" and "Pimpeando."

About Equity Media Holdings Corporation

Equity Media Holdings Corporation (NASDAQ:EMDA) is a growing broadcaster with multiple sources of revenue and value in its operations that include its Broadcast Station Group, Spectrum Holdings Division and Broadcast Services Division. Equity Media is one of the largest owners and operators of television stations in the United States, currently owning stations in 41 markets that cover more than 32% of the U.S. population. It is the second largest affiliate group of the top ranked Univision and TeleFutura networks, two networks driven by the growth of the Hispanic population in the U.S. Equity Media's proprietary Centralized Automated Satellite Hub (C.A.S.H.) system and Retro Television Network provide centralized content distribution services, which Equity Media believes are unique within the media industry.

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Source: Equity Media Holdings Corporation

CONTACT: Thomas M. Arnost, +1-501-219-2400, for Equity Media Holdings
Corporation; or Stan Smith of Equity Media Holdings Corporation,
+1-561-955-7370, StanSmith@EMDAholdings.com

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