SOURCE: Music World Entertainment

March 01, 2007 15:00 ET

Music World Entertainment Hosts Russell Simmons' Hip-Hop Summit (HSAN) Reception at House of Deréon Media Center on March 2, 2007

HOUSTON, TX -- (MARKET WIRE) -- March 1, 2007 --

Who: Join Mathew Knowles and Music World Entertainment as they host the official exclusive VIP welcoming reception for Russell Simmons' Hip-Hop Summit Action Network's "Get Your Money Right" Financial Empowerment Tour at the House of Deréon Media Center in celebration of the Hip-Hop Summit's return to Houston. The night will feature performances by Solange Knowles with an opening performance by up and coming hot new female rapper IB3. Special VIP and celebrity guests will also be in attendance.

When:    Friday, March 2, 2007 (9:00 pm to 12:00 midnight CST)

Where:   House of Deréon Media Center
         1505 Hadley Street (between Crawford and LaBranch in mid-town)
         Houston, TX 77002
Why: Music World Entertainment will welcome The Hip-Hop Summit to Houston by hosting the official exclusive reception Friday, March 2, 2007 at 9:00 pm at the House of Deréon Media Center in Houston, TX. On Saturday, March 3rd the Hip-Hop Summit Action Network (HSAN) will kick off its 2007 national "Get Your Money Right" tour on financial empowerment at Texas Southern University at 12 pm - 3:00 pm, sponsored by Chrysler Financial and Anheuser-Busch. Joining Co-Chairmen Russell Simmons and Dr. Benjamin Chavis in Houston will be R&B / pop stars Ciara and Monica, Hip-Hop stars, E-40, Chingo Bling and Slim Thug, Mathew Knowles (President / CEO, Music World Entertainment), super producer Bryan-Michael Cox, and Congressman Al Green (D-TX). Hip-hop television personality, Free, will co-moderate the Summit with Dr. Chavis.

HSAN is a non-profit, non-partisan national coalition of Hip-Hop artists, entertainment industry leaders, education advocates, civil rights proponents, and youth leaders united in the belief that Hip-Hop is an enormously influential agent for social change which must be responsibly and proactively utilized to fight the war on poverty and injustice. The Hip-Hop Summit on Financial Empowerment is a grassroots effort to help engage young people in discussions about the importance of personal finance.

Music World Entertainment (MWE) is one of the world's leading entertainment and music conglomerates dedicated to bringing quality entertainment to the world. MWE worldwide business includes record labels, artist and producer management, staff producers, artist development, Master catalog series, investment and property holdings, including offices in Houston, Los Angeles, New York and London. MWE is the brainchild of President and CEO Mathew Knowles, the powerhouse management behind the success of Grammy Award-winners Beyoncé and global phenomenon Destiny's Child, the most successful "girl group" in the history of pop music.

Music World is one of the most successful labels in the world with over 100 million records sold to date including releases by Destiny's Child, Beyoncé, Solange Knowles, Michelle Williams, Sunshine Anderson, the "Dreamgirls" Music from the Motion Picture Soundtrack, "Roll Bounce" Soundtrack and the highly anticipated upcoming Music World Master Series releases which includes Chaka Kahn and The O'Jays.

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