PPBL News
NEW YORK, April 4, 2007 /PRNewswire-FirstCall via COMTEX/ -- Premiere
Publishing Group, Inc. (OTC Bulletin Board: PPBL), a fully integrated consumer
and custom publisher today announced its results for the year-end 2006 and its
forecast for 2007.
In 2006, our gross revenues were $5,408,090 compared to 2005 gross revenues in
$563,848 in 2005, representing a nine-fold increase. Our loss for the year was
reduced to $1,805,079 from $3,283,794 in 2005.
In 2007, we are already experiencing a gain in advertising for Trump and Poker
Life Magazines, and reports of increases in newsstand sales, and newsstands
desiring to carry both publications. The New York regional edition of Trump
Magazine will be expanding in summer 2007 to 36 pages as opposed to 20 pages
based upon increased advertising demand and the popularity of the publication
and Mr. Trump in New York City. Based upon our success publishing Trump
regionally in New York we plan to publish Trump regional editions in Florida and
other major markets throughout the United States.
Our custom publishing division is attracting interest from several luxury
companies with multiple brands to publish their very own magazine. Custom
publishing has been a major contributing factor in our revenues, and we plan to
role out new custom published magazines throughout 2007. Michael Jacobson, CEO
of Premiere Publishing Group, Inc., stated that "we have found our niche, and
believe our growth in 2007 is inevitable - we publish beautiful publications
which are in demand by newsstands and luxury brands who desire to target the
affluent male consumers in the United States and we expect that based on the
quality of our magazine we will attract new custom publishing projects."
The Trump Animation project is still under development and materials are being
presented this week to the Trump Organization. Mr. Jacobson is also formulating
new ideas for Trump Licensee brands, and working with Trump Magazine brands to
be selected as a new Trump co-brand.
About Premiere Publishing Group
Premiere Publishing Group (OTC Bulletin Board: PPBL) with its wholly owned
subsidiaries Sobe Life, LLC -- publisher of Trump Magazine -- and Poker Life
Magazine, LLC -- publisher of Poker Life Magazine offers turnkey publishing
solutions to corporations and brands. The Company publishes Trump Magazine and
Poker Life Magazine. Trump Magazine is a men's luxury glossy that captures the
essence of the Donald Trump experience and reflects the entrepreneurial passion
and drive that have made the Trump name synonymous with opulence and business
savvy. Trump is a dynamic publication targeted to a discerning readership of
upwardly mobile, intelligent men who appreciate the best out of life. Trump
Magazine is a quarterly magazine that chronicles the people and places that
shape its readers' lives from the perspective of a 21st Century business and pop
culture icon, Donald Trump. Poker Life Magazine is a national magazine that
focuses on the popular game of poker and the lifestyle surrounding it.
This news release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. The forward-looking statements are
based on current expectations, estimates and projections made by management. The
Company intends for the forward-looking statements to be covered by the safe
harbor provisions for forward-looking statements. The forward-looking statements
include experiencing in 2007 a gain in advertising and increased newsstand
sales, expanding Trump Magazine to 36 page regional section within new regional
editions of Trump Magazine, rolling out new custom publishing magazines in 2007,
expected growth in 2007 and development of the Trump Animation project. The
forward-looking statements are subject to risks and uncertainties that could
cause actual results to differ materially from those set forth or implied by any
forward-looking statements, including the risk that approval by the Trump
Organization of presentation materials and shorts will not be obtained. Please
see the Company's filings with the SEC at www.sec.gov for additional information
regarding risks and uncertainties, including the risk factors set forth therein.
Contact: Miriyah Smith
Premiere Publishing Group, Inc.
(212) 481-6450
msmith@ppgmedia.com
www.ppgmedia.com
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