Gamco continues to invest in Ascent Media

By Lisa Kerner

Charlotte, N.C., March 3 - A group Ascent Media Corp. investors led by Gamco Asset Management Inc. upped their ownership interest in the company to 9.68% with the purchase of 14,603 additional shares of the company's stock.

The shares were acquired between Feb. 13 and March 2 at prices from $22.62 to $24.32 each, according to a schedule 13D/A filed with the Securities and Exchange Commission.

Between Jan. 21 and Feb. 12, Gamco bought 133,577 shares of Ascent Media priced from $24.62 to $26.55 each, a prior SEC filing said.

Gamco beneficially owns 1,296,944 shares 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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