RTN to Launch in Raleigh-Durham

RTN to Launch in Raleigh-Durham

LITTLE ROCK, Ark., Aug. 15 /PRNewswire-FirstCall/ -- Retro Television Network (RTN), which is owned and distributed by Equity Media Holdings Corporation (NASDAQ:EMDA), announced today that it will partner with Capitol Broadcasting to bring RTN programming to Raleigh-Durham. The new affiliate will launch Sept. 10 on Capitol Broadcasting's WRAZ-DT, a station that reaches more than 22 counties in North Carolina.

RTN is a new television network that provides each affiliate a customized feed with classic hit shows, in addition to local programming including news, weather and sports. RTN is specifically designed to go on a broadcast digital channel and provides local broadcasters with a way to get ratings and successfully monetize their digital spectrum."

The digital revolution has begun to take shape and it is clear that RTN and WRAZ will be leading the charge in Raleigh Durham," said Mark Dvornik, RTN's Executive Vice President. "RTN brings a powerful brand to each market and WRAZ joins a growing list of affiliates looking to monetize their spectrum with a branded localized network."

"I'm a big fan of the classic programs on RTN", said Capitol Broadcasting President and CEO Jim Goodmon. "This is a great broadcast service with family- friendly programming, and we are looking forward to bringing it to the market and adding more local programs to it as we move forward."

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: Mark Dvornik, +1-501-219-2400, or Stan Smith,
+1-561-955-7370, stansmith@emdaholdings.com, both for Equity Media Holdings
Corporation

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