NEWS
(COMTEX) B: Triangle Broadcasting Company Inc. Announced the Satellit
B: Triangle Broadcasting Company Inc. Announced the Satellite Distribution Date
for the Second Newly Created TV Program to be Produced by Palm Springs Studios
PALM SPRINGS, CALIF. (June 3) ENTERTAINMENT WIRE -June 3,
1999--Triangle Broadcasting Company Inc. (OTCBB:GAAY) Executive Vice
President Dick Weiner announced today the creation of a three hour
weekly broadcast to be called AuctionsTelevision to be made available
to cable companies via satellite throughout the U.S. and Canada
beginning Oct. 2, 1999.
The three hour live broadcast will consist of a new auction each week
featuring unique items gathered from around the world to originate from
our television studios in Palm Springs, Calif. Weiner will serve as
executive producer for the new broadcasts.
Items to be auctioned each week will range from Superbowl memorabilia
to rare Hollywood and rock concert programs and posters, from railroad
artifacts to celebrity encounters, from international commemorative
coins to distinctive art items, from millennium event reservations to
distant romantic getaways and everything in-between.
Internet users worldwide will be able to access the auctions through
the new bi-lingual interactive Web site now under construction,
AuctionsTelevision.com, which will be fully operational in both English
and Spanish on Aug. 2, 1999. Beginning on that date participants can
begin to register and preview items to be auctioned.
Forward looking statements (statements which are not historical facts)
in this release are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Investors are
cautioned that all forward-looking statements involve risks and
uncertainties, including those risks and uncertainties detailed in the
company's filings with the Securities and Exchange Commission.
For further background information on Palm Springs Studios and
BingoTelevision.com please refer to our press releases dated May 11,
1999, May 18, 1999, and May 25, 1999, respectively, or contact our
press representative, Roger Asquith.
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CONTACT: Triangle Broadcasting Company Inc.
Roger Asquith, 760/322-1217, Fax 760/322-9707
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: ENTERTAINMENT TELECOMMUNICATIONS
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