Message #26 From:
NewsBot Date: March 22, 2007 06:00:00 AM
CNSC News CenterStaging Corp. Advances into Digital Media Marketplace with Global Distribution Deal
BURBANK, Calif.--(BUSINESS WIRE)--CenterStaging Corp. (OTCBB: CNSC) and www.rehearsals.com, the company’s online digital portal powered by MLB.com, is pleased to announce its digital distribution agreement with Digital Music Group, Inc. (NASDAQ: DMGI), a global leader in the digital distribution of independently owned music and video catalogs. CenterStaging will deliver selected content from its extensive collection of exclusive, behind-the-scenes musical performances to DMGI for digital distribution. DMGI provides download and sales tracking to such online retailers as the iTunes Store, Google Video, Napster, Yahoo! Music and more. The agreement provides a new opportunity to efficiently deliver rehearsals.com branded footage to consumers in the digital market as well as effectively create a new revenue stream for the company and its partner artists and record labels.
The rehearsals.com original content, capturing the best and brightest of the music industry in high-definition at the state-of-the-art CenterStaging rehearsal facilities, joins DMGI’s catalog of independently owned music, film, TV and other video catalogs DMGI content spans from classic television shows to major-label artists such as Death Cab for Cutie, Chamillionaire and Daddy Yankee. DMGI will process, encode and deliver selected rehearsals.com content to various outlets in the digital media marketplace, acquiring wider exposure for CenterStaging artists and spotlighting the rehearsals.com brand.
“DMGI provides an amazing opportunity to showcase rehearsals.com’s unique and original content,” states Tommy Nast, Executive Vice President of Business Development. “This partnership allows CenterStaging Corp. to celebrate the first revenue stream for rehearsals.com, an important milestone for our new division.”
www.rehearsals.comcurrently features a prestigious line-up of talent recorded in high-definition, utilizing up to 16 robotically-controlled cameras and 48 microphones with up to 96 individual channels of audio. This site is currently showcasing live footage from artists such as Tom Petty, Taylor Hicks, High School Musical, Norah Jones, Hinder, Blessid Union of Souls, The Panic Channel, Ozomatli and James Taylor. In addition, “e-merging” artists such as Dark New Day, Sick Puppies, Jack’s Mannequin and Tremolo are featured. rehearsals.com also features insightful interviews and private clinics with legendary sidemen and studio greats who have logged time with Paul McCartney, Eric Clapton, Stevie Wonder, Dr. Dre and Fiona Apple.
CenterStaging Corp. (OTCBB: CNSC) is a public company based in Burbank, CA with an office in Bensalem, PA and is the parent company of CenterStaging Musical Productions, Inc. and its division rehearsals.com. The Company provides rehearsal and production services for all facets of the entertainment industry. The 150,000 square foot facility features 11 rehearsal studios, one sound stage, a high-definition broadcast center, thousands of musical instruments and backline equipment in Burbank, CA. The facility houses rehearsals.com which is envisioned as a gateway into the professional artist’s workshop, and provides streaming video as well as digital audio programming, exclusive performances, candid artist interviews and intimate lessons from the masters. The teaming of CenterStaging and rehearsals.com mounts a powerful vertically integrated entertainment model that not only develops and produces content, but will deliver compelling programming to an online audience.
Founded in 2005, Digital Music Group, Inc. (NASDAQ: DMGI) is a content owner and global leader in the digital distribution of independently owned music, TV, film and video catalogs. DMGI acquires the digital rights to media catalogs and digitally encodes them into multiple formats for distribution to online music, mobile, and video stores. Their retailers include: the iTunes Store, YouTube, Google Video, RealNetworks, Napster, Wal-Mart Music, Yahoo! Music, InfoSpace, Moderati, Zingy, 9Squared, and many others. For more information, please visit www.dmgi.com.
Forward-Looking Statements
All statements made in this press release other than statements of historical fact, including statements that address operating performance, events or developments that management expects or anticipates will or may occur in the future, including statements related to distributor channels, volume growth, revenues, profitability, new products, adequacy of funds from operations, statements expressing general optimism about future operating results and non-historical information, are forward-looking statements. In particular, the words "believe," "expect," "intend," "anticipate," "estimate," "may," "will," variations of such words, and similar expressions, identify forward-looking statements, but are not the exclusive means of identifying such statements, and their absence does not mean that the statement is not forward-looking. These forward-looking statements are subject to certain risks and uncertainties, including those discussed below. The Company’s actual results, performance or achievements could differ materially from historical results as well as those expressed in, anticipated or implied by these forward-looking statements.
