BB: VMGP) Venture
Music Group, Inc. EEXbtowz_Bfiq_nLl9EnNOn3k
Music Group Inc.’s Catalog Worth $20 Million
focuses on mini-cap stocks on the move. Stocks that suddenly jump in
volume and may be moving on an upward trend.
In 1994, Grammy-winning
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
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,
TC Studios, 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 a ready 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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