Salon City, Inc. and Time Warner Retail Distribution Ink Major Deal for New Salon City Launch Thursday December 7, 7:00 am ET
WEST HOLLYWOOD, Calif., Dec. 7 /PRNewswire-FirstCall/ -- Salon City, Inc. (Pink Sheets: SLON - News) today announced its contractual agreement with Time Warner Retail Sales and Marketing, a Time Warner Company (TWX), to market and distribute its Salon City magazine domestically and internationally to newsstands, bookstores, airports and supermarkets beginning in spring 2007. ADVERTISEMENT
Salon City Star magazine, which has been published for six years, will be redesigned to accommodate the needs of the newsstand market. The magazine's title will change to Salon City. Plans call for the magazine to be published six times a year with two additional special issues planned.
Steven Casciola, President and CEO of Salon City, Inc. remarked, "We are very excited to start the new journey with Salon City as it begins its national rollout on newsstands. We are positioning the title as the new destination for America's beauty-obsessed consumers, and we intend to address America's fascination with beauty, fashion and style with our glamorous, colorful lifestyle publication. We have every reason to believe that our core values, point of view, and ability to generate content that is relevant and desirable to read will ultimately make Salon City the brand of choice when it comes to beauty entertainment for the consumer."
Irwin Billman, President of Magazine Communications Consultants, represented SCI in negotiations with Time Warner. "My partner, Ralph Perricelli, and I are very proud to be a part of the launch of Salon City on newsstands, bookstores and airports nationwide. It truly celebrates beauty, fashion, travel, entertainment, dining and more with the movers, shakers and beautymakers who lend the glamorous edge to everyday living."
Announcements as to on-sale date, and promotions with nationally recognized bookstores will be released shortly. In addition, the company plans to support the launch of the title with brand awareness campaigns on television, online, and through publicity events across the United States.
Casciola concludes, "Our domestic revenue plans will be augmented by our international efforts to brand Salon City, Inc. on a global basis. We were first in beauty and entertainment, and now we aim to be first in public recognition as the market leader for our sector. Our magazine will state that 'Life Is Beautiful,' and we intend to prove that life is not only beautiful -- beauty is big business." Billman added, "Salon City is more than just a magazine. We think sales at air terminals and bookstores will do great. With its powerful network, partnerships that are about to be announced, live events, and its own online community, it is about to be discovered by millions of men and women who are seeking the hippest destination on the newsstand."
For more information on the Company, please visit the Company's website at http://www.saloncity.com .
To be added to Salon City's investor e-mail list, please send an e-mail to our Investors Relations Department at info*saloncity.com.
Certain information contained in these materials is "forward-looking" information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the Company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information.
CONTACT: Salon City, Inc. Steven G. Casciola, President and CEO (310) 402-2819 Janis Hashe, Corporate Communications (423) 622-2862
-------------------------------------------------------------------------------- Source: Salon City, Inc.
Posts: 819 | Registered: Apr 2006
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Lets not forget the TV shows that should be announced soon.
Salon City, Inc. and matrixx Productions, Inc. Announce Agreement in Principle for Television Development Deal
Leading Production Company to Create Original Entertainment Content for TV
WEST HOLLYWOOD, Calif., Oct 16, 2006 (PrimeZone Media Network via COMTEX) -- Salon City, Inc. (Pink Sheets:SLON) has reached an agreement in principle with matrixx Productions, Inc. on a development deal for the creation of original television programming. Under the terms of the agreement in principle, Salon City, Inc. has agreed to grant the exclusive right to matrixx Productions, Inc. to develop and produce the World Beautymaker Awards, Salon City -- The Reality Series and other television concepts for a one-year period. The terms of each particular development deal will be negotiated and embodied in a definitive agreement that should be signed in the next two to three months.
"We are thrilled to bring the pages of our Salon City Magazine to life. Celebrities, beauty, fashion, music and lifestyle are very intriguing to our readers and soon, to our viewers," said Salon City, Inc. President and CEO Steven Casciola.
Van Vandegrift, Executive Producer at matrixx, stated, "We envision a number of exciting TV projects and are already in discussions with a major network."
"These exposures will greatly add to the national and international awareness of Salon City which can be monetized into greater advertising revenue," added Casciola.
Salon City Inc. is a publicly traded media company and provides content and product distribution services for the worldwide beauty industry, including professional and consumer beauty salons as well as spas. Resized to accommodate display criteria for newsstands and airport-displays, the circulation and reach of Salon City Star Magazine is planned to increase dramatically in January 2007, and will include international distribution for the first time in the six-year history of the publication.
matrixx produces advertainment and turns brands into stars. Boasting both extensive production skills and award-winning marketing expertise, matrixx senior executives hail from leading corporations such as NBC and Compaq Computer Corporation, creative organizations like Ogilvy & Mather, Omnicom Group and Crispin Porter + Bogusky, and premier brands such as Frederic Fekkai & Co. and The Ritz-Carlton Corporation.
Posts: 210 | Registered: Aug 2006
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Most of shares are held by insiders. They did a forward split of 5 for 1 to increase the float in July, here's the PR. Looks like an extremely small float. It went up 160% in early trading today and closed up over 80% on only $30,000 of trades. More PRs to come as per todays PR. Maybe TimeWarner does the TV shows now that they have a relationship.
Salon City, Inc. Declares 5:1 Forward Stock Split to Increase Shares Available for Trading.
WEST HOLLYWOOD, CA, July 12, 2006 /Pink Sheets/ -- Salon City, Inc., (Pink Sheets: SLON), a leading media company in the beauty industry, with such well known publications as the Salon City Star Magazine, is pleased to announce that its Board of Directors declared a 5:1 Forward Stock Split on July 3, 2006, for shareholders of record on July 20, 2006. Immediately after the forward stock split, Salon City will have approximately 12.5 million shares of common stock in the float and a total of 928,295,625 shares outstanding.
According to Steve Casciola, Chairman and CEO, "the forward stock split will increase the number of shares available for trading, in anticipation of demand for the new issue." He said, "we hope to provide liquidity to our investors."
Posts: 210 | Registered: Aug 2006
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My guess is the stock goes back to $0.05 to $0.10. They have the magazine, the TV shows, the web site, it's a complete package. I wouldn't be surprised if they get bought out or develop a partnership with a major player.
Posts: 210 | Registered: Aug 2006
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