SMC Recordings Renews Contract With Fontana
August 17 2010 - 4:01PM
Marketwired
SMC Recordings Inc. (PINKSHEETS: SMCE) have renewed their long-term
contract with Fontana, the independent marketing, sales and
distribution subsidiary of Universal Music Group, the world's
leading music company.
After five years of increasing sales and a slew of notable
releases under Fontana, SMC looks to continue down this path as one
of the most successful indie Hip Hop labels under their umbrella.
Thanks in large part to Fontana's unwavering support and expertise,
SMC will continue to build its brand, targeting established artists
to add to its roster, as well as further developing emerging
artists. SMC is also delighted to announce that in partnership with
Fontana, they will work with Universal Music Group International
for all physical and digital releases outside of North America.
'This re-vamping of our existing agreement is extremely
significant as we have proven to be a fruitful partner to Fontana.
Their increased support has given us the ability to move forward
with the economic stability required in pursuit of big name talent.
We have enjoyed great success recently and this positions us to
continue on that road," shared SMC CEO Ralph Tashjian.
"Ralph and his team at SMC are true entrepreneurs in every sense
of the word," added Ron Spaulding, President of Fontana. "They are
real music lovers who have built a thriving business and dynamic
roster. They are exactly the kind of partners we celebrate here at
Fontana."
SMC's current roster is a diverse mixture of seasoned Hip Hop
artists as well as new talent. With some of the most successful
releases to date being hip hop legend Rakim, and Southern mainstays
Killer Mike and Pastor Troy. They have also taken local acts such
as Bay Area rapper The Jacka who was selling modest numbers locally
and catapulting him into the National market; with his last release
Tear Gas landing him #4 on the Billboard Rap chart.
SMC plans to aggressively expand their roster with impressive
acquisitions, as well as continue to break new artists; building on
an already stellar roster. With the backing of Fontana Distribution
who values what SMC brings to the table and with the new Universal
Worldwide Distribution; they will continue their rapid growth.
www.smcrecordings.com.
About SMC Recordings: Established in March of 2005, SMC
Recordings is home to independent music and artists. Based in San
Francisco, CA, the company's prized accomplishment is its unique
philosophy of artist development, where artists are encouraged to
participate with the label from inception through maintenance of
their careers. This innovative structure has garnered industry
veterans to join the company and aid in its growth.
SMC is distributed by Fontana, the indie distribution subsidiary
of Universal. It is SMC's humble regional beginnings and loyalty to
their artists and their careers that will guarantee the company to
always be on the precipice of creativity and expansion in the music
game.
Forward Looking Statements:
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. Statements in this release that are forward-looking
statements are based on current expectations and assumptions that
are subject to known and unknown risks, uncertainties, or other
factors which may cause actual results, performance, or
achievements of the company to be materially different from any
future results, performance, or achievements expressed or implied
by such forward-looking statements. Actual results could differ
materially because of factors such as the effect of general
economic and market conditions, entry into markets with vigorous
competition, market acceptance of new products and services,
continued acceptance of existing products and services,
technological shifts, and delays in product development and related
product release schedules, any of which may cause revenues and
income to fall short of anticipated levels. All information in this
release is as of the date of this release. The company undertakes
no duty to update any forward-looking statement to conform the
statement to actual results or changes in the company's
expectations.
Contact: Ron Taylor SMC Recordings 415-742-6177
investors@smcrecordings.com
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