E! co-founder launches celebrity website

LOS ANGELES (Hollywood Reporter) – The co-founder of E! is launching a celebrity-focused online network complete with several programs in the hope of establishing a new brand in the entertainment programing space.

Alan Mruvka created E! (then called Movietime) 23 years ago with Larry Namer. Last week, he returned to his roots with the launch of the Look, a new site at thelooktv.com, which aims to blend fashion and celebrity programing with an e-commerce sales site.

“When I was pitching E!, I used to say that TV is like a newspaper; there’s headlines and sports, but there was no (entertainment) section,” Mruvka said. “Now TV is like a magazine stand, with golf and food and everything else — it’s narrowcasting. Well, the thickest magazines are fashion magazines; that’s where the money is. The Look is as if you were to take InStyle magazine and make a network out of it.”

Mruvka has been working on the Look for three years and is launching with about $10 million in self-raised investment capital. The Look isn’t aiming for linear cable network distribution — at least not yet.

“I don’t believe it’s still about launching a network and getting it on TV any way you can,” he said. “The convergence of the Internet and TV is closer than ever, and I want to be on the edge of that.”

Mruvka describes the Look as best resembling a hybrid of E! and its spinoff channel, the Style Network. “Our goal is to be the place to go to see what your favorite star is wearing and then buy it right then and there,” Mruvka said.

Research and Markets: India – Commerce and Industry Competitive Advantage Analysis

DUBLIN–(Business Wire)–
Research and Markets
(http://www.researchandmarkets.com/research/4ca8d5/india_commerce_a) has
announced the addition of the “India – Commerce and Industry Competitive
Advantage Analysis” report to their offering.

India at the moment is attracting abundance like never before in history.
Recently the International Monetary Fund said “buoyant global economic outlook
has prompted it to revise” upward India’s GDP growth rate by 0.6% to 9% for
2007.

India today really is capital’s favorite destination. Consider the case of
private equity investments in India in 2006. According to Venture Intelligence a
total of 302 deals worth $7.5 billion were reported. In the first half of 2007,
168 deals have been reported at $5.6 billion. In terms of investment in 2006,
the top destination was China. China received around $900 million. London came
second with a little more than $800 million. India came at number three with
$746 million.

The India investment attraction can be simply be gauged from the fact that just
in the second quarter of 2007 venture capital firms have invested about $112
million across 19 deals in India during the second quarter of 2007. The
prominent Venture Capital firms already have offices already set in India to
identify potential winners and as the India success story grows so is the
attraction of newer players. Consider the case of Clearstone Venture Partners, a
leading early stage venture capital firm. With US$650 million of committed
investment capital, Clearstone sees India a favorable destination.

Besides innovation, probably the biggest fuel for entrepreneurial growth is
venture capital investments. VC investments have been only growing in India. In
2006 venture capital firms invested $508 million over 92 deals in India. The
amount invested during 2006 was significantly higher than that during the
previous year (which had witnessing 44 deals totaling $268 million). In 2007,
the VC score board so far reads 39 deals worth $242 million in its kitty.

India today has come to the forefront as a global resource for industry in
manufacturing and services. Its pool of technical skills, its base of English
speaking populace with an increasing disposable income and its burgeoning market
have all combined to enable India emerge as a viable partner to global industry.

Investment opportunities in India are today perhaps at a peak. Supported by
India’s natural strengths, the country offers investment opportunities in excess
of $500 billion in diverse sectors over the next five years.

The Government of India is committed to enabling foreign investors discover
India as a partner – with whom they can work in synergy to achieve their
objectives of growth and profitability.

Aruvian’s Research presents India – Commerce and Industry Competitive Advantage
Analysis which presents an absolute analysis of the fastest growing industries
in India, along with an in-depth analysis of the country’s government policies,
economic scenario, and investment profile.

This report on India’s commerce and the competitive advantages garnered by its
industry presents an in depth and comprehensive study of the knowledge resource
required to understand India in entirety as an investment destination. The
report presents a historical perspective of India and the geographical,
demographical facets of the country which add up to make the physical identity
of India. The report also delves into the economic factors such as GDP, balance
of payments, apart from the fiscal and monetary policies of the Government of
India.

The commercial laws which govern the conduct of international trade in and out
of India and the flow of investments which act as the precursors to the various
schemes and trade promotion programs being run by the government are described
in the report. The various industry forums which act as policy guidance tools
and catalyze the industry growth.

In Section 2, the report analyses multiple industries of the Indian commercial
scenario where in the report presents a profile of the industry segmenting the
industry , identifying market patterns and details the competitive scenario of
the industry.

The report applies the strategic models of SWOT, PEST and Porters Five Forces
Strategy Analysis to develop a core understanding of the strengths of these
industries and their constituents which make up the complete strategic map of
these industries.

The industries being analyzed in this report are Financial Services, Media &
Entertainment, Pharmaceutical, Telecommunications, Real Estate, and the Retail
industries.

Key Topics Covered:

A. Executive Summary

Section 1: Understanding India B. Country Brief C. Analyzing India’s Government
D. Understanding India’s Financial Markets E. Looking at Foreign Direct
Investment in India

Section 2: Sectoral Analysis F. Analyzing the Indian Financial Services Industry
G. Analyzing the Indian Media & Entertainment Industry H. Analyzing the Indian
Pharmaceutical Industry I. Analyzing the Indian Real Estate Industry J.
Analyzing the Indian Retail Industry K. Analyzing the Indian Telecommunications
Industry

Section 3: Conclusion L. Appendix M. Glossary of Terms

Companies Mentioned:

* HDFC Bank Limited
* ICICI Bank
* Life Insurance Corporation of India
* State Bank of India
* Adlabs Films Ltd.
* Balaji Telefilms
* MacMillan India
* New Delhi Television (NDTV)
* Sahara India Mass Communication
* STAR Group
* TV Today Network
* Zee Telefilms
* Cipla Limited
* Dr Reddys Laboratories Limited
* GlaxoSmithKline
* Nicholas Piramal
* Ranbaxy Laboratories
* Ansal Group
* B Raheja Builders
* DLF Group
* Omaxe Construction Ltd.
* Tata Housing
* + many more

For more information visit

http://www.researchandmarkets.com/research/4ca8d5/india_commerce_a

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Copyright Business Wire 2010

Beneficial Holdings Enters Negotiations to Acquire 39 Slot Parlor Locations

MANAGUA, NICARAGUA, Apr 12 (MARKET WIRE) —
Beneficial Holdings (PINKSHEETS: BFHJ), a gaming and hospitality
management company, announced today that it entered into negotiations to
acquire 39 slot parlor locations. The locations are throughout Nicaragua.

The locations house between 15 and 35 gaming machines. “However, over the
next year, we would have to bring the number of gaming machines to 25 at
every location to comply with new regulations in effect throughout
Nicaragua,” Alex Papic, Vice President of Beneficial Holdings, said.

The acquisition would add over 850 gaming machines to Beneficial
Holdings’ current inventory. The machines at the locations include poker
machines, slot machines, digital slot machines, and multigame machines.

“After a preliminary review of the acquisition, the Company estimates
that it would add approximately $10,250,000 in annual revenue to
Beneficial Holdings through its subsidiaries. The Company also believes
that, with equipment renovations, and adding food and refreshment
products, it can substantially increase revenue and margins at all the
locations,” said Alex Papic.

The Company will be proceeding to the due diligence stages of the
transaction immediately to verify the revenue and to determine the
quality of the equipment.

ABOUT BENEFICIAL HOLDINGS, INC.

Beneficial Holdings, Inc. is an international casino investment and
management holding company, specializing in acquiring undervalued gaming
assets. The Company presently maintains one hotel and two physical gaming
properties. The company funds its acquisitions with private investment
capital with the intent to increase shareholder value while building a
world-class gaming operation. There are less than 275,884,651
free-trading shares. There are 627,115,349 restricted shares. The total
authorized shares are 903,000,000. The Company has no intention of
increasing its authorized shares.

This release does not constitute an offer of securities for sale. It
contains forward-looking statements within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. These statements involve risks and uncertainties that could
cause results to differ. Statements are based on information available as
of today and the company undertakes no obligation to update any statement
to reflect future occurrences.

Beneficial Holdings
www.beneficialholdings.info

+505-8367-3333 Telephone
Email Contact

Copyright 2010, Market Wire, All rights reserved.

No plan to up coal royalties: Fraser

Queensland Treasurer Andrew Fraser says he has no plans to increase coal royalties in this year’s state budget.

The chief executive of the Queensland Resources Council (QRC), Michael Roche, is urging the Government to honour its election promise not to increases taxes without consultation .

Mr Roche says the industry was stunned by a decision prior to the 2008 budget to increase taxes from 7 per cent to 10 per cent without consulting the resources sector, raising an extra $600 million revenue from the mining industry.

He says mining companies are finding it harder to develop new resources cost effectively.

“It’s important for the Government to not risk killing the goose that lays the golden eggs,” he said.

“Increasingly what I’m seeing is resource companies looking to diversify their risk globally and if Queensland over-reaches itself, we risk the danger of losing that investment capital to projects in other countries.

“If Government is contemplating changes in royalty arrangements, or if they’re contemplating getting into bed with the Federal Government on a new resource tax, first talk to the industry.

“[They must] make sure they understand the potential impacts on industry and then they can make a decision in the full knowledge of those impacts.”

Consultation pledge

But Mr Fraser says the industry will be consulted if the federal tax review, chaired by Dr Ken Henry, recommends royalty changes.

“There is no plan whatsoever to increase the coal royalties,” he said.

“I’m committed always to talking to the Queensland Resources Council but as they well know, this is a matter before the Henry tax review and it’s not a matter I’m about to decide upon,” he said.

“They, like me, haven’t seen the Henry tax review and when we see it, I’m more than happy to talk to them.

“This is a bit of positioning pre-budget by the Resources Council – it happens every year and I think we need to recognise that.”

iStar Financial Sets First Quarter 2009 Earnings Release Date and Webcast

NEW YORK, April 14 /PRNewswire-FirstCall/ — iStar Financial Inc. (NYSE: SFI),
a leading publicly traded finance company focused on the commercial real
estate industry, today announced that it will release its full financial
results for the first quarter of 2009 on Thursday, April 30, 2009, prior to
the opening of the market.

The Company will host an earnings conference call reviewing these results and
its operations beginning at 10:00 a.m. ET. This conference call will be
broadcast live over the Internet and can be accessed by all interested parties
through iStar Financial’s website, www.istarfinancial.com, in the “Investor
Relations” section. To listen to the live call, please go to the Company’s
“Investor Relations” section of the website at least 15 minutes prior to the
start of the call to register and download any necessary audio software. For
those who are not able to listen to the live broadcast, a replay will be
available shortly after the call on the iStar Financial website.

The Company also announced that it intends to release certain key operating
results for the first quarter of 2009 prior to the early delivery date
associated with its previously announced private exchange offers and cash
tender offer with respect to certain series of its outstanding debt
securities. The Company does not intend to host a conference call to review
its preliminary results.
* * *

iStar Financial Inc. is a leading publicly traded finance company focused on
the commercial real estate industry. The Company primarily provides
custom-tailored investment capital to high-end private and corporate owners of
real estate, including senior and mezzanine real estate debt, senior and
mezzanine corporate capital, as well as corporate net lease financing and
equity. The Company, which is taxed as a real estate investment trust
(“REIT”), seeks to deliver strong dividends and superior risk-adjusted returns
on equity to shareholders by providing innovative and value added financing
solutions to its customers. Additional information on iStar Financial is
available on the Company’s website at www.istarfinancial.com.

SOURCE iStar Financial Inc.

James D. Burns, Chief Financial Officer, or Andrew G. Backman, Senior Vice
President – Investor Relations, both of iStar Financial, +1-212-930-9400