NEW YORK, LOS ANGELES and LONDON, June 10,
2013 /PRNewswire/ -- Digital Brand Media & Marketing
Group, Inc. (OTCQB: DBMM) is implementing its Business Plan with
increased activity and business development. Specifically, the
Company continues to make strides in new market sectors and most
recently has been in discussions with major managements in the
music and entertainment sector.
Last month, Steve Baughman,
Co-Chief Operating Officer and Head of US Operations travelled to
Europe to attend a number of
meetings with major names in the music industry both in
London, England and Stockholm, Sweden. The meetings were in part,
new opportunities as well as an on-going series of future and
deeper engagement with companies seeking to collaborate in the
increasing convergence of music and digital media and the shift in
how consumers are engaging with both the music and the artist. The
sector has been evolving at warp speed so a balance must be struck
between what has staying power and what are short-term fads.
Reggie James, Co-Chief Operating
Officer and Senior Vice-President, Marketing & Communications
said: "Having attended a number of meetings with Steve Baughman, it is clear that there is a
large appetite for companies in the music and entertainment arena
to develop coherent digital strategies that can avail themselves of
DBMM Group's digital agency, Digital Clarity's services, insight
and vision." James added, "There is such a strong sentiment toward
collaborative partnerships that certain conversations have moved
into discussing potential acquisitive scenarios. This has resulted
in doors opening at major companies with principals and their
professional advisors in New York
to take the next logical steps."
There will be a series of meetings which have been scheduled to
take place the last week of June in New
York to take matters to the next stage of the business
development cycle. Further announcements will be made in due course
where it is deemed there is no breach of commercial sensitivity for
both DBMM Group and its identified partners.
DBMM closed its 3rd operating and financial quarter on
May 31, 2013 which will be summarized
in the 10-Q to be filed in mid-July.
About Digital Brand Media & Marketing Group,
Inc. (DBMM)
DBMM offers Music & Entertainment Technology Solutions and
Digital Marketing Services. Harnessing the strength of its digital
marketing agency that has a trusted reputation as a company which
has applied its expertise in developing cutting edge technology
platforms for web, mobile and tablet devices.
Using Digital Clarity's application in the Marketing and Social
arena, DBMM offers a unique value proposition of intelligent,
analytics based technology solutions with the support of an
experienced digital marketing team. Digital Brand Media &
Marketing Group, Inc. is an OTC:QB Company. Symbol OTC QB:
DBMM.
About Brand Entertain
Brand Entertain develops strategic, multi-channel branded
entertainment properties and ventures that drive consumer
engagement and grow product sales for brand partners online and
in-store. Brand Entertain plays the roles of developer, packager,
co-producer and licensor when it comes to original branded
entertainment and media platforms.
Brand Entertain provides the strategy, architecture and
strategic partner development necessary to finance and operate
economically viable properties.
Safe Harbor Provisions
The foregoing contains certain predictive statements that relate to
future events or future business and financial performance.
Such statements can only be predictions, and the actual events or
results may differ from those discussed due to, among other things,
those risks described in DBMM's reports filed with the SEC.
Opinions expressed herein are subject to change without notice.
This document is published solely for information purposes, and is
not to be construed as an offer to sell or the solicitation of an
offer to buy any securities in any state. Past performance does not
guarantee future performance. Additional information is available
upon request.
IR Contact: info@dbmmgroup.com
SOURCE Digital Brand Media & Marketing Group, Inc.