DMGI Announces New Long-Term Digital Distribution Agreements
06 Mars 2007 - 12:30PM
PR Newswire (US)
New Deals Brings 2,000 Classic Rock, Blues, Folk, and Reggae Tracks
to Music Fans Everywhere SACRAMENTO, Calif., March 6
/PRNewswire-FirstCall/ -- Digital Music Group, Inc. (NASDAQ:DMGI),
a content owner and global leader in the digital distribution of
independently owned music and video catalogs, today announced
long-term digital distribution agreements with Adelphi Records and
Lifesong Records. According to the terms of the agreements, DMGI
will digitally distribute the Adelphi Records catalog, including
the Reggae Sunsplash recordings, and the Lifesong Records catalog,
including American Originals Records, to digital and mobile music
channels worldwide. "I'm pleased to announce these long-term
agreements with Adelphi Records and Lifesong Records," said
Mitchell Koulouris, CEO of DMGI. "Both of these labels have a rich
history of quality rock, folk, blues, and reggae recordings from
some of the most legendary artists of each genre." Adelphi Records
is a catalog of folk, blues, jazz, reggae, world and other genres.
The Silver Spring, Maryland label was founded in the late 1960s and
includes releases on both the Adelphi and Sunsplash labels. Artists
on Adelphi include blues greats Roy Buchanan, R.L. Burnside, Rev.
Gary Davis, Catfish Hodge, Mississippi John Hurt, Skip James, Furry
Lewis, the Nighthawks, Otis Rush, Johnny Shines, Bukka White and
others. The label also features folk legends Roy Book Binder, Paul
Geremia, John Harbison, the Holy Modal Rounders, Jim Lane, Patrick
Sky, and Chris Smither and jazz greats Lennie Breau, Richie Cole,
and Phil Woods, among others. Reggae stalwarts Big Youth, Eek a
Mouse, Mutabaruka with the Mighty Diamonds, Toots & the
Maytals, Yellowman and others make up the Reggae Sunsplash
repertoire. Founded by songwriters Terry Cashman and Tommy West,
Lifesong Records had a number of popular releases in the 1970's and
80's from progressive rock band Crack the Sky, songwriter Henry
Gross, pop artist Dean Friedman, and rock legend Dion. Lifesong
scored a number of hits during this period including the top-ten
Billboard Pop hit "Shannon" by Henry Gross, Top 30 hit "Ariel" by
Dean Friedman, and critically acclaimed album releases from Crack
The Sky including "Safety in Numbers" and "Animal Notes," as well
as the critically acclaimed 1978 comeback album "Return of the
Wanderer" by Dion. American Originals Records, which is part of the
Lifesong catalog, includes the famous Live at the Bluebird Cafe
series, recorded at that legendary Nashville venue where
songwriters try out new material. This catalog features a number of
magical live recordings from such songwriting legends as Steve
Earle, Guy Clark and the late Townes Van Zandt, along with live
sets by Nashville songwriters such as Don Henry, Bob DiPiero, Don
Schlitz, Michael Johnson and others. Terry Cashman, half of the
songwriting duo, Cashman and West, who wrote "You Don't Mess Around
With Jim" and "Operator" for Jim Croce, recorded a number of albums
for Lifesong including the cult hit "Talkin' Baseball (Willie,
Mickey, and The Duke)," a nostalgic ode to America's National
Pastime. Cashman also recorded a number of team-specific versions
of the song over the years including versions for the New York
Yankees, New York Mets, San Francisco Giants, and Seattle Mariners.
About DMGI Founded in 2005, Digital Music Group, Inc. (NASDAQ:DMGI)
is a content owner and global leader in the digital distribution of
independently owned music, TV, film and video catalogs. DMGI
acquires the digital rights to media catalogs and digitally encodes
them into multiple formats for distribution to online music,
mobile, and video stores. Our retailers include: the iTunes Store,
YouTube, Google Video, RealNetworks, Napster, Wal-Mart Music,
Yahoo! Music, InfoSpace, Moderati, Zingy, 9Squared, and many
others. For more information, please visit http://www.dmgi.com/.
Digital Music Group is a trademark of Digital Music Group, Inc.
Other names mentioned herein are the property of their respective
owners. Forward-Looking Statements This release contains
forward-looking statements (including, without limitation,
information regarding Digital Music Group's distribution of the
Adelphi Records and Lifesong Records catalogs) that involve risks
and uncertainties that could cause the results of Digital Music
Group to differ materially from management's current expectations.
Actual results may differ materially due to a number of factors
including, among others: unforeseen difficulties assembling the
digital albums; potential changes in consumers' tastes and
preferences in music; and our dependence on the iTunes Store and
other online music stores and mobile service providers to make the
digital albums and ringtones derived therefrom available for
purchase by consumers. The matters discussed in this press release
also involve risks and uncertainties described in Digital Music
Group's most recent filings with the Securities and Exchange
Commission. Digital Music Group assumes no obligation to update the
forward-looking information contained in this release. Press
Contact Allen & Caron Inc.: Len Hall, VP Media Relations,
Telephone: (949) 474-4300, e-mail: Investor Relations Contact
Digital Music Group, Inc.: Karen Davis, Chief Financial Officer,
Telephone: (916) 239-6010 x2505 Allen & Caron Inc.: Jesse Deal,
Account Manager, Telephone: (212) 691-8087, e-mail: DATASOURCE:
Digital Music Group, Inc. CONTACT: Press, Len Hall, VP Media
Relations, +1-949-474-4300, , or Investor Relations, Jesse Deal,
Account Manager, +1-212-691-8087, , both of Allen & Caron Inc.,
for Digital Music Group, Inc.; or Karen Davis, Chief Financial
Officer of Digital Music Group, Inc., +1-916-239-6010, ext. 2505
Web site: http://www.dmgi.com/
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