Does MTV Karaoke spell EDIG??
from D.Inkie--
Karaoke Expected to Hit a High Note This Holiday Season as Family Demand for Home-Use Systems Soars, The Singing Machine Reports
Business Editors
COCONUT CREEK, Fla.--(BUSINESS WIRE)--July 27, 2001--
[b}MTV and The Singing Machine(TM) Introduce Revolutionary STVG-700, the First Home Electronic Karaoke Unit With a Built-In TV, to Meet Growing Home-Use Trend
Karaoke, the popular amusement performed at night spots and entertainment venues by amateur crooners who read and sing the lyrics to pre-recorded songs, is moving indoors and sweeping families across the nation.
The trend is expected to soar this holiday season, with parents purchasing home karaoke systems for family members and friends.
Just in time for holiday gift-giving, The Singing Machine(TM) (Amex:SMD), a leading manufacturer of home electronic karaoke equipment, karaoke music and related audio products, and MTV present the crown jewel in home karaoke systems: The Singing Machine(TM)/MTV STVG-700, the world's first karaoke machine to incorporate a fully functional television into the unit.
According to Terry Marco, director of marketing, The Singing Machine: "Parents today are constantly searching for active home entertainment experiences that promote family togetherness, participation and communication. The Singing Machine(TM)/MTV STVG-700 was designed with these needs in mind and brings professional karaoke into the home environment for group enjoyment.
"We expect the unit, which marries cutting-edge technology, modern design and ease of use, to be a big seller this holiday season."
A line of CD with graphics (CD+G) featuring MTV core music in three formats -- pop, rock and R&B -- and a line of theme CD+Gs -- from Christmas favorites and party tunes to pop, country and oldies hits -- complement The Singing Machine(TM)/MTV STVG-700.
The CD+Gs cover the gamut of musical tastes and appeal to a variety of age groups. MTV CD+Gs include songs made popular by today's top artists, including Destiny's Child, *NSYNC, Britney Spears, Christina Aguilera, and more.
The Singing Machine(TM)/MTV STVG-700 is a pioneer in home karaoke systems. It is the first and only stand-alone CD with graphics karaoke machine to contain a built-in 7" TV receiver and screen where words scroll in sync with the music, making it possible to karaoke virtually anywhere.
This sleek, silver and blue-toned system features CD+G player, sampler CD+G with MTV music, single cassette player/recorder, AM/FM radio, video output for additional TV connection, automatic vocal changer, two microphone inputs, microphone echo and volume, music vocal/balance and tone controls and built-in speakers.
The STVG-700 slides easily into any home entertainment center and fits any room of the house, including outdoor patio areas. The STVG-700 retails for approximately $199.00.
The Singing Machine(TM)/MTV STVG-700 is available at consumer electronics, toy and general merchandise stores throughout the US, including Best Buy, Toys R' Us and Meijer, and by catalog at JC Penney, Sears and Fingerhut. The Singing Machine(TM)/MTV-branded karaoke music is available wherever The Singing Machine(TM)/MTV products are sold.
Incorporated in 1982, The Singing Machine Company produces and distributes a full line of consumer-oriented karaoke machines, CD with graphics machines, as well as CD+G and audio karaoke music. The company, which is based in Coconut Creek, Fla., was the first manufacturer to offer karaoke electronic recording equipment and audio software for home use in the U.S.
MTV Networks, a unit of Viacom International Inc. (NYSE:VIA)(NYSE:VIA.B), owns and operates the following television programming services -- MTV: Music Television, MTV2, VH1, Nickelodeon/Nick at Nite, TV LAND, TNN, CMT and The Digital Suite From MTV Networks, a package of nine U.S. digital services, all of which are trademarks of MTV Networks.
MTV Networks also has licensing agreements, joint ventures and syndication deals whereby all of its programming services can be seen worldwide. In addition, MTV Networks operates The MTVi Group and Nickelodeon Online, a portfolio of leading Internet properties built to address every interest of today's music fan and Internet-savvy kid.
The statements contained in this release that are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involve significant risks and uncertainties, including, without limitation, future demand for the company's products and services, competition within the industry, and other risks or uncertainties detailed in the company's Securities and Exchange Commission filings.
+++++++++++++++++++++++++++++++++++++++++++++++++=
Eastern Asia Technology Secures New Contracts Worth US$43 Million - 9/3/01
Asia Pulse -Eastern Asia Technology Limited [SI.E08] announced that it has secured two new major contracts, worth US$43 million, with consumer electronics companies SANYO and Singing Machine.
