PR Newswire Broadcast Minute for Friday, June 6, 2008

PR Newswire Broadcast Minute for Friday, June 6, 2008

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Consumer confidence continues its slump as financial worries mount, according to RBC CASH Index

U-S consumer confidence eroded this month as Americans' worries over every facet of their financial situation mounted, according to the most recent results of the R-B-C CASH (Consumer Attitudes and Spending by Household) Index. Economic attitudes soured across the board, with consumers viewing the current economy negatively and displaying deep pessimism about the future. As a result, the overall R-B-C CASH Index for June 2008, released by R-B-C, stands at an all-time low of 22 point 5, dropping nearly 17 points below May's 39 point 0 level.

Full story at: http://media.prnewswire.com/en/jsp/main.jsp?resourceid=3749814

Verizon Wireless To Acquire Alltel; Will Expand Nation's Most Reliable Wireless Network

Verizon Wireless has entered into an agreement with Alltel Corporation and Atlantis Holdings L-L-C, an affiliate of private investment firm T-P-G Capital and G-S Capital Partners, to acquire Alltel Corporation in a cash merger. Verizon Wireless is a joint venture of Verizon Communications) and Vodafone. Under the terms of the agreement, Verizon Wireless will acquire the equity of Alltel for approximately five-point-nine-billion-dollars. Based on Alltel's projected net debt at closing of twenty-two-point-two-billion-dollars, the aggregate value of the transaction is twenty-eight-point-one-billion dollars. The parties are targeting completion of the merger by the end of the year, subject to obtaining regulatory approvals.

Full story at: http://media.prnewswire.com/en/jsp/main.jsp?resourceid=3750047

David Archuleta Signs to 19 Recordings/Jive Records

It was announced that American Idol sensation David Archuleta has signed to 19 Recordings/Jive Records. Archuleta is currently gearing up for the upcoming American Idol tour which kicks off on July 1st in Glendale, Arizona. The 17-year old is expected to release his debut album later this year. David Archuleta, the runner-up on the current season of "American Idol," has three songs entering the Hot 100 this week.

Full story at: http://media.prnewswire.com/en/jsp/main.jsp?resourceid=3750333

Steve Irwin's Legacy and Conservation Influence Explored in New EMI America Records DVD Release: 'Crikey! What An Adventure'

Crikey! What An Adventure, a new D-V-D to be released July 8 by E-M-I America Records, offers an intimate look at the life of Steve Irwin: husband, father, friend, icon, and conservationist, through the eyes of those who knew him best. Terri Irwin, other family members, and friends share personal stories about the incredible man the world came to know and love as the Croc Hunter. In never before seen interviews, Steve Irwin himself describes who he is, his legacy, his love of family and his conservation message, perfectly capturing his larger-than-life international personality in his own words. The archived Irwin interviews, found during the making of the tribute special, were taped several years ago.

Full story at: http://media.prnewswire.com/en/jsp/main.jsp?resourceid=3750361

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PRNewswire -- June 6
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Source: PR Newswire

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Profile: International Entertainment