posted
RMD Entertainment Group (RMD) and Real Hip Hop Network (RHN) Revolutionize Hip-Hop Media with Satellite Technology
-------------------------------------------------------------------------------- Mon Jun 12 09:40:01 2006 EDT PHILADELPHIA, Jun 12, 2006 (BUSINESS WIRE) -- RMD Entertainment Group (Pink Sheets:RMDG) proudly announced today that along with Real Hip Hop Network, they plan on revolutionizing their approach to delivering hip-hop content by incorporating the use of satellite technology into their vision. According to the deal, RMD has signed a letter of intent and will enter into a joint venture with Real Hip Hop Network, which will afford them direct access to cutting edge satellite technology for the transmission of their of hip-hop driven content to mobile multimedia platforms globally. By aligning with Ta Broadcasting, a leading provider of end-to-end transmission and production services to the global broadcasting industry, RHN and RMD will be able to take advantage of the broadcast company's leading role in the development and advancement of new broadcast technologies, including digital video compression and direct-to-home services. RHN and RMD expect to implement this new technology into their mobile distribution later this month. RMD CEO Giorgio Costonis offered, "By creating a direct relationship with a broadcast giant like Ta Broadcasting, RHN and RMD are certain to stay ahead of the rapidly changing technology curve." Costonis added, "We have amassed so much content in such a short time, our only concern was ensuring our future supporters that there would always be a way to consistently deliver that content to them under any circumstances...this satellite technology just made that a reality. We have our sights set on the best possible experience for our future subscribers and now the technology is in place to a satellite based network dedicated strictly to hip-hop. This is an aggressive move that should create the opportunity for a potentially huge customer base for our product base. In my opinion, Hip Hop has never seen a move as bold as this in the technology or broadcast sector." RHN President and CEO Atonn Muhammad added, "By implementing technology like this into our collective vision for a hip-hop network, RMD and RHN have set the bar for urban content delivery exceptionally high. Our 'speed of light' technology is certain to take our vision to the next level before our competitors even have a chance to tune in." MOTV Inc. (Trade Mark More TV) CEO Anthony Lucas said this about the joint venture: "MOTV Inc. will have no boundaries when it comes to its broadcast of RHN's signal to cell phones or PDAs. We have upped the ante to include a truly global market in our deployment." RMD and RHN sources also announced that a national press release tour was being planned to maximize the exposure of the announcement and introduce the mobile launch of the network as well. Target networks for the tour include news giants MSNBC, CNN, ABC, NBC, CBS and FOX to name a few. The list is expected to be much larger than this as interest is expected from entertainment channels in the US market and foreign news and entertainment outlets. Radio and print interviews will be accommodated by request as well. About RMD Entertainment Group RMD Entertainment (RMD) is a cutting-edge entertainment company that is primarily focused on the development and international marketing of 'hip-hop' music, including compact discs, digital downloads, and personal 'ring tones' for mobile phone customers, as well as other 'hip-hop' lifestyle products. The Company has also created MOTV Inc. (Trademark MoreTV), the ability to stream video content to mobile devices, including cell phones and PDAs. RMD has significant successes internationally and its staff producers have collaborated with some of the most influential names in the music industry today including Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Stevie Winwood, Robin Scott, and jazz saxophone legend Bill Evans, among others. The Company currently possesses an impressive hip-hop catalogue, which it distributes exclusively through Bungalo Records and Universal Music Group (a subsidiary of Vivendi Universal (NYSE:V)) in North America and in Europe through the Pickwick Group Ltd. of London. About Real Hip Hop Network The Real Hip-Hop Network is the first 24 hour cable channel geared toward real hip hop lifestyle & culture. RHN's core focus is on the 18-34 year old Hip-Hop thrill seeker who embraces the excitement, adventure, and exhilaration embedded in the Hip-Hop lifestyle. RHN will deliver not only the hottest commercial acts on the scene today, but also give you the pure power found in the essence of underground hip hop, featuring the best of the grass roots and the international music scene. RHN brings a side of Hip Hop ignored by the other music channels celebrating the elements and principles that launched hip hop's golden era: DeeJaying, Emceeing, Breakdancing and Graffiti Art. This was a time when Hip Hop artists were the urban street correspondents, delivering soul stirring and thought provoking commentary on the issues of the day. Hip Hop became an outlet for the pain, struggles, and dreams of those who were a part of its experience. This is what can be defined as real hip hop. Hip Hop has been proven to have massive commercial appeal. RHN provides the world with an engaging, fresh alternative. The Real Hip Hop Network takes everything the world loves about hip hop and challenges the negative images media has made pervasive. RHN operates on a higher standard. We put the "Real" in Real Hip Hop and give the world a mature more gritty choice unavailable on any network before or since RHN. Hip Hop will be globally redefined the RHN Way. Forward-Looking Statements This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of RMD Entertainment Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. SOURCE: RMD Entertainment Group For RMD Entertainment Group, Philadelphia Jed Wallace, 310-234-3200 jwallace*mphpr.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
| IP: Logged |
posted
PHILADELPHIA, PA, Jun 12, 2006 (MARKET WIRE via COMTEX) -- RMD Entertainment Group (PINKSHEETS: RMDG) announced today the clarification of the details regarding the dividend and licensing agreement with Wide E-Convergence Technologies Americas Corp ("WECTAC") that was announced previously in a press release in May, 2006. The special dividend has been finalized and will be payable to RMDG shareholders of record as of ***June 20th, 2006.***
WECTAC has been granted a five-year exclusive license rights to market all of RMD Entertainment Group's current and future products in India and the Caribbean countries.
Under the terms of the agreement, WECTAC will issued fourteen (14) million Restricted Common Shares and twelve (12) million Warrants at $.10 per warrant to RMD Entertainment in consideration for the 5 year exclusive license. RMD's management will be delivering a minimum of ten (10) million and a maximum of twelve (12) million of these restricted shares to its shareholders in the form of a special dividend on ***June 20th, 2006.***
RMD CEO Giorgio Costonis commented, "Management recognizes the value of competing in India and the Caribbean countries. We are hopeful that WECTAC can create a substantial customer base there for all of our Urban Media content."
-------------------- Let's watch it go up! Posts: 60 | From: NY | Registered: May 2006
| IP: Logged |
Mon Jun 19 12:34:28 2006 EDT Jun 19, 2006 (M2 PRESSWIRE via COMTEX) -- Geneva, Switzerland, and Dover, Delaware, USA - StockTargets, Inc., a private Swiss company and an innovator in investor sentiment tracking on listed stocks, measured a firm shift in investor targets over the past 2 days on RMD Entertainment Group (Pink Sheets: RMDG) , following a new recommendation. Investor sentiment and forecast shows a substantial increase, and remains resolutely positive on the stock's prospects, following the latest news and a revaluation of the company by TTS Zurich http://www.ttszurich.com. Investors now forecast the stock rising to approximately US$ 0.017 during the next 12 months. The StockTargets consensus 12 months target was US$ 0.009 recently. The 12 months target by TTS Zurich for the stock is US$ 0.009. These different targets can be reviewed by clicking the following link: http://www.stocktargets.com/cgi-bin/ticker.pl?command=rmdg.pk. Targets indicators on stock are an aggregate of all the news, sentiment and forecasts available on the company at a given moment in time, as perceived by investors. RMD Entertainment Group website is http://www.rmd-entertainment.com. 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. We have a vast worldwide distribution network for our music to be sold to the end consumer in compact disc formats, digital downloads, and personal ring tones for mobile customers. About StockTargets, Inc. StockTargets, Inc. (http://www.stocktargets.com) is an investment banking and investor relations firm. Its Web site records all participants' sentiment, expressed as targets by its users. The StockTargets system, by building an investor sentiment indicator, attempts to gather and determine an measurement of all entries of users. The user's consensus target can be compared to targets provided by professionals, such as brokerage firms, analysts or fund managers. StockTargets Inc. was founded in 2005
Posts: 1442 | From: Lugano - Switzerland | Registered: Sep 2003
| IP: Logged |
posted
do you think that we should start a new thread for this????? I think it is going to go and fast...This could be great news that no one know about
Posts: 1104 | Registered: Dec 2005
| IP: Logged |
posted
RMD Entertainment Announces August 22nd Release Dates for Roc Monee; Television Appearances on Real Hip Hop Network Also Planned to Support Sales Effort at Retail Outlets Business Wire - June 21, 2006 11:00
PHILADELPHIA, Jun 21, 2006 (BUSINESS WIRE) -- RMD Entertainment Group (Pink Sheets:RMDG) announced earlier today that they have received approval by both Bungalo Records, exclusively distributed by Universal Music Group (a subsidiary of Vivendi Universal (NYSE:V)) in North America and the Pickwick Group Ltd. of London to release Roc Monee's debut album entitled "Diamond in the Rough" in stores on August 22nd.
It was also announced that their newest strategic partner, Real Hip Hop Network (RHN), committed to a minimum of 2 television appearances by Roc Monee on their 24 hour all Hip Hop channel that currently reaches over 30 million households in the United States alone. Roc's first appearance on RHN will be taped this Saturday at Zanzibar in Washington DC for a concert he is performing in alongside Hip Hop Legend LL Cool Jay for RHN's show called Video Request Top Twenty Countdown. RHN is also expected to do a full show profile of the up and coming artist in the near future to be aired on the network and the MOTV Inc. (More TV trademark) platform.
"This is a great day for us here at RMDG. We have begun to realize our success through hard work and proper strategic planning. Roc has created an exceptional album that we feel has at least six singles to promote via radio on it. Our promotion efforts and production efforts for Roc's album are fully funded at this time. I am pleased with the promotion efforts headed by Mr. Frederick Rollins and have seen significant progress in our relationship with our digital distributors like I-Tunes through the efforts of Mark Davis, Head of Digital Distribution." CEO Giorgio Costonis added, "We are launching our revenue campaign on four major fronts simultaneously through this album. 1. North American retail outlet sales of the traditional cd format through Bungalo Records. 2. European retail outlet sales of the traditional cd format through Pickwick Group Ltd. 3. Download sales directly through our existing distribution matrix. 4. Ring-tone sales through our existing ring-tone partners in our distribution matrix (the distribution matrix can be viewed at http://www.rmd-entertainment.com)."
Frederick Rollins, President of special projects added, "The revenue from this project alone could be staggering. In my many years in the hip hop business I have never seen such a complete global distribution model like the one we have now and we are going to be putting it to work in a large way with this album. Roc delivered what may quickly become a classic hip hop album. He has exceeded our expectations as an artist and we remain confident he will be a revenue generating machine for a long time to come."
Dom Rapello, Label Manager for Pickwick Group Ltd of London, said "Roc is truly a special artist and we expect him to sell very well in all European Markets for us."
Roc Monee added, "RMD really believed in me and my talent going into this. I am so glad to see a Hip Hop company that takes good care of their artists and cares about getting positive messages out there to the young people who listen to this music. For them being exposed to bigger business and Wall Street versus the guns and drugs of the hustlers without hope or aspirations might make a profound difference in their lives and help them make the right choices in life."
About RMD Entertainment Group
RMD Entertainment (RMD) is a cutting-edge entertainment company that is primarily focused on the development and international marketing of 'hip-hop' music, including compact discs, digital downloads, and personal 'ring tones' for mobile phone customers, as well as other 'hip-hop' lifestyle products. The Company has also created MOTV, the ability to stream video content to mobile devices, including cell phones and PDAs. RMD has significant successes internationally and its staff producers have collaborated with some of the most influential names in the music today including Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams of C & C Music Factory, Stevie Winwood, Robin Scott, and jazz saxophone legend Bill Evans, among others. The Company current possesses an impressive hip-hop catalogue, which it distributes exclusively through Bungalo Records and Universal Music Group (a subsidiary of Vivendi Universal (NYSE:V)) in North America and in Europe through the Pickwick Group Ltd. of London.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of RMD Entertainment Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
SOURCE: RMD Entertainment Group
For RMD Entertainment Group, Philadelphia Jed Wallace, 310-234-3200 jwallace*mphpr.com
Copyright Business Wire 2006 ********************************************************************** As of Saturday, 06-17-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated a DOWNTREND on 06-08-2006 for V * $34.79. (C) 2006 Comtex News Network, Inc. All rights reserved.
-------------------- Let's watch it go up! Posts: 60 | From: NY | Registered: May 2006
| IP: Logged |
posted
I had shares in this stock for a long time and they constantly run lots........of PR. The only thing is that it rarely produces.....it just dilutes!!!! GLTA........
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
