DMGI Announces Digital Distribution Agreements with Mush Records, Joyful Noise Recordings and Clockwize Online
27 Juin 2007 - 1:00PM
PR Newswire (US)
SACRAMENTO, Calif., June 27 /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, announced today worldwide digital distribution agreements
between its Digital Rights Agency subsidiary and Mush Records,
Joyful Noise Recordings and Clockwize Online. "We are very pleased
to welcome this well respected group of labels to the DRA family,"
said Tuhin Roy, Chief Strategy Officer at DMGI and President of
DRA. "We believe our continuing success in signing great labels in
a competitive environment is a reflection of DRA's focus on
providing strong marketing support to our clients and our long
track record of building thriving digital businesses with our
labels," said Mr. Roy. Mush Records -- Mush Records is a well
respected Los Angeles-based independent record label focused on
indie rock, indie hip hop and electronic music. Key artists include
Her Space Holiday, Aesop Rock and Daedelus. The label frequently
licenses tracks to larger indie labels including Ninja Tunes, Warp
Records and the Leaf Label. The Mush catalog includes 60 full
length albums. Joyful Noise Recordings -- Indianapolis-based Joyful
Noise has built a strong reputation putting out critically
acclaimed indie rock from artists including Abner Trio, LAFCADIO
and Stationary Odyssey. Clockwize Online -- Copenhagen,
Denmark-based Clockwize Online is a dance label that has scored
chart-topping hits including Infernal's "From Paris to Berlin." The
deal announced today will also include music videos produced by
Clockwize Online. 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 and video
content. DMGI acquires the digital rights to media catalogs and
digitally encodes them into multiple formats for distribution to
digital entertainment services operating over the Internet and
wireless, cable and mobile networks. Our digital entertainment
service partners include: the iTunes Store, Google Video, YouTube,
AOL/In2TV, RealNetworks, Napster, Wal-Mart Music, MusicNet,
Verizon, Sprint, InfoSpace, Moderati, Zingy, 9 Squared, 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 agreements
with Mush Records, Joyful Noise Recordings and Clockwize Online)
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 to make the digital albums
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, including its Annual Report for 2006 on Form
10-K filed with the SEC on March 30, 2007 and its Quarterly Report
on Form 10-Q filed with the SEC on May 14, 2007. Digital Music
Group assumes no obligation to update the forward-looking
information contained in this release. Press Contact Foeller
Communications.: Kurt Foeller, Telephone: 415-578-3251 e-mail:
Investor Relations Contact Digital Music Group, Inc.: Karen Davis,
Chief Financial Officer, Telephone: (916) 239-6010 x2505 Allen
& Caron Inc.: Michael Mason, Account Manager, Telephone: (212)
691-8087 e-mail: DATASOURCE: Digital Music Group, Inc. CONTACT:
Kurt Foeller of Foeller Communications, +1-415-578-3251, , for
Digital Music Group, Inc.; or Karen Davis, Chief Financial Officer,
of Digital Music Group, Inc., +1-916-239-6010, ext. 2505; or
Michael Mason, Account Manager of Allen & Caron Inc.,
+1-212-691-8087, , for Digital Music Group, Inc. Web site:
http://www.dmgi.com/
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