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Published on 5/14/2009 in the Prospect News Special Situations Daily.

Ascent Media investor Gamco buys 61,584 shares, lifting stake to 9.54%

By Lisa Kerner

Charlotte, N.C., May 14 - A group of Ascent Media Corp. investors led by Gamco Asset Management Inc. bought 61,584 shares of the company's stock between March 16 and May 8.

The shares were priced from $24.736 to $27.0658 each, according to a schedule 13D/A filed on Thursday with the Securities and Exchange Commission.

Between Feb. 13 and March 2, Gamco bought 14,603 shares of Ascent Media priced from $22.62 to $24.32 each, a prior SEC filing said.

Gamco beneficially owns 1,280,033 shares or 9.54% 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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