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Raycom Media to Broadcast The Tube Music Network on Newly Acquired Liberty Group Stations

Posted on: Tuesday, 11 July 2006, 09:00 CDT

13 New Markets to Begin Airing The Tube This Summer, Louisville, Montgomery, Evansville, Jackson and Lubbock Among Them

The Tube Music Network ("THE TUBE"), a subsidiary of The Tube Media Corp. (OTC:TUBM) will be broadcast on all 13 stations recently acquired by Raycom Media Inc., from Liberty Corporation by summer's end, 2006.

The announcement made today by Les Garland, CEO, The Tube Music Network and Paul McTear, President, Raycom Media places The Tube Music Network on a total of 40 Raycom stations, and augments overall penetration figures to 71% of U.S. TV households.

Paul McTear, President, Raycom Media Inc. noted: "As the first station group to make a commitment to carry The Tube back in April of 2005, we have witnessed a surge in viewer loyalty centered around this exciting new digital network. As the Liberty stations join the Raycom family of stations, we are continuing our huge support of this network by expanding The Tube's reach to these new markets."

Les Garland commented, "Just over one year ago, Raycom Media President Paul McTear, stepped up to the plate to become the first major television group to carry The Tube Music Network in all of its markets. Today's agreement further solidifies Raycom's commitment to making The Tube the most popular, digitally-delivered network in television today.

"McTear and his team, notably operations and technological expert, Dave Folsom, have played a principal role in the development of one of the first applications of entertainment programming on the digital spectrum," concluded Garland, who has a proven track record launching new broadcast concepts, having co-founded MTV, VH-1 and THE BOX.

The Tube is the first music network to be distributed using a new technology known as digital multicasting. Viewers in all of the new Raycom stations, as well as Tribune Broadcasting, Sinclair Broadcast Group and other television markets will be able to receive the network free, over the air on television sets equipped with digital tuners and on the digital cable tier where available.

The Tube Music Network is further differentiated by a playlist comprised of a bold fusion of music that crosses multiple formats and spans various decades. The Rolling Stones, U2, Paul McCartney, The Eagles, Elton John, Prince and Rod Stewart are mixed with classic artists such as Led Zeppelin and Tom Petty, and newer artists such as Norah Jones, Coldplay, Jack Johnson, James Blunt, Alicia Keys, KT Tunstall and John Mayer. There are no reality shows, award shows or game shows on The Tube and the viewer response to this new format has been overwhelmingly enthusiastic.

About Raycom Media Inc.

Raycom, an employee-owned company, is one of the nation's largest broadcasters and currently owns and/or operates 46 television stations in 21 states. Raycom stations cover more than 12.4% of U.S. television households and employs 4200 individuals in full and part-time positions.

In addition to television stations, Raycom owns Raycom Sports (a marketing, production and events management and distribution company in Charlotte, North Carolina); Raycom Post (a post production facility in Burbank, CA), Broadview Media (a post production/telecommunications company based in Montgomery, AL), and CableVantage (a cable advertising sales group based in Columbia, SC).

Media who wish to view the "look" of The Tube Music Network can access a sampling at http://www.thetubetv.com/reel.html.

This press release may include a number of "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended. These statements reflect management's current views with respect to future events and financial performance and include statements regarding management's intent, belief or current expectations, which are based upon assumptions about future conditions that may prove to be inaccurate. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, involve risk and uncertainties, and that as a result, actual results may differ materially from those contemplated by such forward-looking statements. Such risks include, among other things, the volatile and competitive markets in which we operate, our limited operating history, our limited financial resources, our ability to manage our growth and the lack of an established trading market for our securities. When considering forward-looking statements, readers are urged to carefully consider the various disclosures, including risk factors and their cautionary statements, made by us in our reports filed with the Securities and Exchange Commission.

Source: Business Wire

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