-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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RMD Entertainment Group (OTC: RMDG) announced today that their involvement with the famed "Texas Beach Festival" exceeded expectations and enabled them to expand their content base substantially. Aside from the fact that RMD was able to share in the revenue generated at the event itself, the staggering amount of hip-hop related content they were able to obtain along with Beaty Four Entertainment will provide for more distribution options than originally anticipated.
Beyond the electric performances turned in by Houston's powerhouse players like Mike Jones, Dem Franchize Boyz, and Chamillionaire, the Galveston crowd was overwhelmed by the effort turned in by up-and-comers Roc Monee, Big Kuntree, Dirty Earthlings, and Trae among others. While these performances moved the crowd and were the big draw for the show, what made this moment valuable was the fact that a four-camera crew captured the performance and three other cameras at the festival gathered some of the most colorful footage ever gathered at this event.
Originally, the footage amassed during the show was to be edited into one piece and distributed as "The Texas Beach Festival"; however, after RMD CEO Giorgio Costonis and Beaty Four Entertainment CEO Frank Beaty saw the performance footage, they agreed that there was enough footage of each performer to produce an entire series. This decision gave birth to the "Texas Beach Festival - Show Me Your Grill Series." Each performance will be edited into its own separate project and distributed individually by RMD through Bungalo Records (exclusively distributed by Universal Music & Video Distribution) and The Pickwick Group Ltd.
RMD CEO Giorgio Costonis commented, "This experience was unparalleled for RMD on so many levels. Not only did we see exactly how well our company vision tracks with a massive crowd, but we also had the foresight to film it. We obtained at least ten times the amount of useable footage than predicted which means we have ten times the anticipated distribution revenue potential. This was our first project at this level, and while a learning experience, we are pleased with the results."
About RMD Entertainment Group.
RMD Entertainment (RMD) is a cutting-edge entertainment company with a primary focus on selling hip-hop music internationally. Additionally, the company markets other hip-hop lifestyle products to its music audience. RMD has a vast worldwide distribution network for its music to be sold to the end consumer in compact disc formats, digital downloads, and personal ring tones for mobile customers. RMD's hip-hop catalogue is exclusively distributed by Bungalo Records in North America, which is exclusively distributed by Universal Music Group -- while European distribution is handled entirely by the Pickwick Group of London, England.
RMD is a company with well over 60 years combined experience in the music industry. Its staff producers have collaborated with some of the most influential names in the music scene today, such as Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Steve Winwood, Robin Scott, and jazz saxophone legend Bill Evans, among others.
About Sciax Technology
Sciax Technology is an emerging company in defense imaging systems for law enforcement and military personnel engaged in counter-terrorism and other special security operations. Sciax America Inc. and Sciax Technology Inc. are wholly owned subsidiaries of RMD Entertainment Group (www.rmd-entertainment.com). This release contains forward-looking statements with respect to the results of operations and businesses of Sciax Technology Inc., Sciax America Inc., RMD Entertainment Inc. and RMD Entertainment Group., which involve risks and uncertainties. The company's actual future results could materially differ from those discussed. Risks and uncertainties of the company will be detailed from time to time in the company's periodic reports. The company intends that such statements about the company's future expectations, including future revenues and enforcement and defense imaging system earnings, entertainment product earnings, and all other forward looking statements, be subject to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995.
This release contains forward-looking statements with respect to the results of operations and businesses of Sciax Technology Inc., Sciax America Inc. RMD Entertainment Inc. and RMD Entertainment Group, which involve risks and uncertainties. The company's actual future results could materially differ from those discussed. Risks and uncertainties of the company will be detailed from time to time in the company's periodic reports. The company intends that such statements about the company's future expectations, including future revenues and enforcement and defense imaging system earnings, entertainment product earnings, and all other forward looking statements, be subject to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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