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Viacom Inc. (NYSE:VIA);

Four analysts and top management from seven sector firms examine the broadcasting sector in this special 57-page Broadcasting Industry issue from The Wall Street Transcript, available at (212/952-7433) or http://www.twst.com/info/info531.htm

“At the same time as the economic hardships there was the presence of mind at Viacom to still make strong, wise management decisions. Viacom moved their CFO to the West Coast and put him in charge of the station group. I think that’s turning into a positive because he is aggressively trying to improve the value of the station group. Those are all good management moves that I think have helped the performance of Viacom.” Another analyst sees it a different way, saying, “To a degree, Viacom has been hit with advertising woes because of some of their networks. Nicklodeon, MTV and VH1, to name a few, are advertising-supported cable nets. Viacom took a hit because of those stations.

This special issue includes:

1) Broadcasting Industry - In an in-depth (11,400 words) Analyst Roundtable, Frank Bonechak, Founder of Edge Capital, James Marsh Jr., Managing Director at Robinson Stephens and Leland Westerfield, Director for the Communications Group at UBS Warburg, examine the outlook for the sector including regulatory outlook, cross-ownership rules and share specific stock recommendations.

2) TWST confidential Off-The-Record survey of management performance of seventeen sector firms asked market insiders about the ability of management teams to create shareholder value.

3) Radio & Spanish Language Broadcasters - In an in-depth (3,900 words) Interview, Alissa Goldwasser, Research Analyst at William Blair & Company, examines the outlook for the sector and shares specific stock recommendations.

4) CEO interviews (average 2,500 words). Top management of seven sector firms examine the outlook for their firm and the sector.