American Southwest Music Distribution announces marketing strategy
November 29 2006 - 8:00AM
PR Newswire (US)
LAS VEGAS, NV, Nov. 29 /PRNewswire-FirstCall/ -- American Southwest
Music Distribution, Inc. (OTC:ASWD.OB) announces marketing
strategy. In August 2006, American Southwest Music Distribution
began marketing music to consumers worldwide. Universal Records, a
division of UMG Recordings, Inc. (the world's largest distributor
of consumer entertainment products) is the exclusive worldwide
manufacturer and distributor of American Southwest Music's consumer
entertainment products. Although the company will focus on selling
music and motion pictures previously not released to consumers,
they own a music catalog consisting of rights to master recordings
acquired from two other record labels: Celestial Breakaway and Out
of Control Records. Celestial Breakaway and Out of Control
previously released these master recordings to consumers, and
American Southwest Music plans to re-release these masters to
consumers through retail and digital distribution. Because of their
previous commercial success, American Southwest Music's management
expects that these masters will generate steady revenues for the
company. A substantial part of American Southwest Music's activity
will be devoted to the acquisition of worldwide rights to new
master recordings from recording artists and record production
companies, and the acquisition of new motion pictures produced by
production companies seeking worldwide distribution for their
works. American Southwest Music's rights to new master recordings
will be embodied in record contracts with recording artists and
production companies. In each record contract, American Southwest
Music acquires the exclusive worldwide copyright and right to
manufacture, distribute and license products derived from the new
master recordings created by those recording artists. Through
distribution contracts, American Southwest Music will obtain the
exclusive worldwide right to manufacture and distribute to
consumers for home entertainment use, through retail and digital
formats, motion pictures produced by third-party film production
companies. American does not plan to be involved in the production
of any motion picture or the theatrical release of any motion
picture. American Southwest Music Distribution, Inc.
(http://www.aswmd.com/) is a publicly held company that has
partnered with Universal Music Group to begin marketing and selling
music and motion pictures to consumers worldwide. Cautionary
Statement: This news release may contain certain forward-looking
statements within the meaning of Section 27A of the Securities and
Exchange Act of 1933, as amended, and Section 21E of the Securities
and Exchange Act of 1934, as amended, which are intended to be
covered by the safe harbors created thereby. Investors are
cautioned that all forward-looking statements involve risks and
uncertainties. Although American Southwest Music Distribution, Inc.
believes that the assumptions underlying the forward-looking
statements contained herein are reasonable, any assumption could be
inaccurate, and therefore, there can be no assurance that the
forward-looking statements included herein, the inclusion should
not be regarded as a representation by American Southwest Music
Distribution, Inc., or any other person that the objectives and
plans of American Southwest Music Distribution, Inc. will be
achieved. CONTACT: Ray Johnson, (866)-639-3900 DATASOURCE: American
Southwest Music Distribution, Inc. CONTACT: Ray Johnson,
(866)-639-3900
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