SOURCE: RMD Entertainment

October 25, 2007 12:27 ET

RMD Entertainment Group to Launch National Direct Sale Ringtone Sales Program With 5 Roc Monee Tones

All Mobile Carriers Will Be Part of a Program Supported by Cable Commercials to Drive Sales

PHILADELPHIA, PA--(Marketwire - October 25, 2007) - RMD ENTERTAINMENT GROUP, INC. (PINKSHEETS: RMDM), a Music and Entertainment Company focused on the development and marketing of "Urban Media Content" worldwide, today announced the rollout of marketing ringtones direct to the consumer.

RMD is in the final stages of being certified through an associate company to sell ringtones directly through all major carriers directly. The carriers include but are not limited to Sprint, Verizon, T-Mobile, Virgin, Dobson, Boost, Nextel, and Midwest Wireless. The certification is scheduled to be completed within 14 days and the initial market launch will coincide with certification.

Hip Hop related ringtones accounted for two billion dollars in revenue World-Wide last year and that number is expected to double by the end of 2007. This year, sales surpassed the 2006 mark by the end of July.

RMD is currently producing a 30-second television commercial for 5 tones they will bring to market for initial launch. Roc Monee will be the artist that is released first and one of the tones available will be OOOOOP! the Hip Hop Party Anthem which generated tremendous excitement during his US tour with Platinum selling artists, the Ying Yang Twins. Cable ads will be rolled out on a regional basis beginning in NJ, DE, and PA where Roc has a strong regional following.

"Digital distribution of content is where the business is today," says Giorgio Costonis, CEO of RMDM. "CD sales are down 45% this year alone while the ringtone business is exploding world-wide. We are excited about being able to compete in this market space directly because it allowed us to see more profits per unit, realize payment more quickly, and control our marketing destiny. We will be monitoring this initial launch very carefully as we see this potentially being a brand new book of business with RMDM where we can bring in additional music content from other sources and drive significant revenue through ringtone sales."

About RMD Entertainment Group

RMD Entertainment Group is a cutting edge Entertainment Company and Record Label. The Company is primarily focused on the development and international marketing of "Urban Media Content" or more commonly known as Hip-Hop music worldwide that includes compact discs, DVDs, digital downloads, personal 'Ringtones' for mobile phone customers as well as TV broadcasts, Internet and TV ads. RMD currently has a fifty-fifty financial partnership with MOTV, www.motv1.tv that allows RMD to stream video content to mobile devices including cell phones and PDAs. The Company currently possesses an impressive Hip-Hop catalogue that is distributed exclusively through Bungalo Records and Universal Music Group, a subsidiary of Vivendi Universal in North America. In Europe RMD distributes its catalogue through the Pickwick Group, Ltd. of London, England.

Based out of Philadelphia with satellite offices in New Jersey, Florida and Delaware, RMD Entertainment has formed one of the most extensive distribution channels around the world for Hip-Hop lifestyle products and is the next step in the evolution of Urban Media Content. RMD elevates Hip-Hop music to a higher standard of excellence in economic performance and moral ethics in the music industry.

For further information on RMD Entertainment Group, visit the Company's Web site: www.rmd-entertainment.com.

Safe Harbor

Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by RMD Entertainment Group, Inc., are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of RMD-Entertainment Group, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.

Contact Information

  • Contact Info:
    John Bryant
    972-352-1200
    WebbCo Media