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PKG Entertainment Group, Ltd., Inc. [OTC-PEKG] occupies a unique and advantageous space that recently has opened up due to changes in the entertainment arena. The large entertainment companies - known as the "Majors" - now need companies like PEKG to develop more of the artists and entertainment properties.
The very size of the ever-growing Majors limits their ability to develop as many artists and properties as they have in the past. Their revenue requirements and significant overhead forces them only to consider 'sure things', the immediate blockbusters or platinum releases. This contrasts with what used to be the Majors' greater commitment to a "farm team" approach in developing future stars and hit releases.
This industry shift presents a significant opportunity for small and nimble players, like PEKG, that can take over a portion of this artist and property development. This work can result in highly profitable assets due to PEKG's low cost model that includes numerous distribution opportunities.
PEKG's business model is designed to benefit shareholders, as well as the public and overall entertainment industry. This is the reason PEKG focuses on creating new and distinctive entertainment properties that can generate significant revenue through worldwide, independent promotion and distribution. Leveraging this business model is an executive management team with the maturity, necessary industry connections and ability to raise public capital while implementing its plan.
http://www.peakartists.com/index.htm
April 28 2005
VIOLET NINE SIGNS RECORD DEAL WITH PKG
Violet Nine is extremely happy to announce the signing of their recording contract with PKG Entertainment. Throughout January and February, Violet Nine recorded a full-length album in Nashville, TN with famed rock producer Greg Archilla. Currently untitled, this new studio album is slated for an August 2005 release. North American distribution will be provided through Navarre.
http://www.violetnine.net/
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