Venture Music Group, Inc. Worth $20 Million.

Stock Watcher usmarket at eudora.com
Mon Feb 24 08:02:04 UTC 2003


 VMGP yacEkXpgpLhM6aU8tPB4ZukVt


OTCVault.com 

VMGP (OTC BB: VMGP) Venture Music Group, Inc. yacEkXpgpLhM6aU8tPB4ZukVt 

Venture Music Group Inc.’s Catalog Worth $20 Million 

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Company Profile 

In 1994, Grammy-winning producer/arranger/conductor/songwriter
Tony Camillo and multi-Platinum promoter/international licensing specialist
Gene Serina formed Venture Music Group, Inc. bringing together an impressive
catalog of recordings by many top artists such as, Gladys Knight, Dionne
Warwick, The Fifth Dimension, Vanessa Williams Freda Payne, to name a few. 

Today the company is firmly established in the $14 billion wholesale music
marketplace, licensing numerous properties domestically and internationally.
VMG is headquartered in the New York City area and its recording facility,
TCStudios, is located in nearby Hillsborough, New Jersey. 

The Company has an Internet presence and is developing other avenues of
opportunities for sales and marketing of music and related products through
the Internet and expanding its promotion, production and recording services
to the entertainment and music markets. 

VMGP has become a multifaceted entertainment company under which several
record labels have been incorporated. The principal business of the company
is to locate talented musical artists; to obtain the exclusive right to
record those artists' performances for a fixed term; to use such right to
create master records ("masters") featuring those performances; to use
artists' masters to manufacture CDs and music videos; to sell those CDs and
videos to the consuming public through a distribution system and to acquire
and exploit related rights, such as publishing and merchandising. VMGP has a
large catalog of pre-released and never-before released recorded masters of
well-known artists. VMGP also plans to expand the present catalog. There is
aready market for product of this nature. This allows for a substantial
profit, with little or no cost. In it February 6, 2003 press release
management stated that an independent appraisal firm recently valued its
Catalog at approximately $25 million. 

  

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