Fuego Enterprises, Inc. (FUGI)

[Squeegee_1]

From the comments of the Orchard guys and The Orchard's business profile... Fuego may one day be a fantastic acquisition target. I don't think that actually play into any of Hugo's short or mid term plans, but it would be a nice situation to be in several years from now!

The Latin market is the largest minority in the US and relatively ignored by mainstream media giants at this point. Fuego has a unique opportunity in the next several years to take a massive slice of the Latin Media pie with little competition.

Greg Scholl, President and CEO of The Orchard, said, "Fuego Entertainment has been an outstanding label partner, helping us to establish our place as the premier digital distributor and marketer of Latin music. We look forward to building upon this relationship and playing a part in Fuego's continued and much-deserved growth by providing our diverse catalog for distribution through the FuegoMio.com store."

Profile:
The Orchard Enterprises, Inc. engages in the provision of digital media services, as well as in controlling and distributing music and audio recordings through digital stores and mobile carriers worldwide. The company licenses or acquires digital rights of music and video content from record labels, artists, television and film production companies, and other content owners. It also enables the digital encoding of content into multiple formats for distribution to digital entertainment services operating over the Internet, wireless, cable, and mobile networks. The company is headquartered in New York, New York.