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BAY CITY, MI and PHILADELPHIA, PA (RMD Entertainment Group) - RMD Entertainment Group, one of the fastest growing cutting-edge hip-hop entertainment companies in the world, has announced today that its entire digital music catalogue will be available on AOL MusicNow, a new service being offered by AOL. MusicNow is currently one of RMD Entertainment's digital music distributors.
AOL MusicNow contains playlists and community features such as music browsing, discovering, viewing and sharing music profiles with other visitors, as well as purchasing songs. This new service will offer more than a million songs from EMI Music, Sony BMG Music Entertainment, Universal Music Group (another distributor of RMD's music catalogue through their contract with Bungalo Records), and Warner Music Group.
Mark Davis, Vice president of Digital Distribution for RMD Entertainment, said, "This is a real coup for us, in that AOL MusicNow, with the AOL brand name behind it, will give us a much broader audience than was previously anticipated, and will give us the ability to sign more of the well known artists in the hip-hop community. This is also a great opportunity for our music catalogue to succeed in the worldwide digital marketplace. We now have contracts in place with over 40 of the top ringtone/digital distributors around the globe."
Giorgio Costonis, RMD's President and CEO, had this to say, "We have been very successful in laying the groundwork to compete at the highest levels with other entertainment companies around the globe in terms of product distribution to our customers. In order to assist our shareholders and potential investors in staying current with our business platform, I am granting immediate access to our Distribution Matrix page, which is located on our new website. We expect our entire website to be completed and fully functional within the next twelve days. Those who wish to see all the distributors who are presently affiliated with RMD Entertainment can visit www.rmd-entertainment.com/distro.htm. Once there, you may view the list of companies with whom we have current contracts, as well as seeing the details of those contracts. I believe that our 'open book' policy is certainly more revealing than most other companies and CEOs', and this will offer anyone the chance to gain a bett! er understanding of our plan of attack in the ever-expanding hip-hop marketplace, which grossed over 10 billion dollars last year alone."