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Published on 1/20/2009 in the Prospect News Special Situations Daily.

Ascent Media investor Gamco reports 7.41% stake

By Lisa Kerner

Charlotte, N.C., Jan. 20 - A group of Ascent Media Corp. investors led by Gamco Asset Management Inc. bought 163,104 shares of the company's stock between Jan. 5 and Jan 16.

The shares were priced from $22.65 to $24.9233 each, according to a schedule 13D/A filed with the Securities and Exchange Commission.

Between Dec. 15 and Jan. 2, Gamco bought 138,692 shares of Ascent Media priced from $17.96 to $22.6205 each, a prior SEC filing said.

Gamco beneficially owns 993,368 shares, or 7.41%, of the Englewood, Colo.-based company's outstanding shares, the filing said.

Ascent Media provides creative and network services to the media and entertainment industries in the United States, the United Kingdom and Singapore.


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