,,,,,,,I suppose: The Company anticipates, but has not committed to, soliciting participation in the further development of one or more of their artists in the R&B, rap, pop, country and/or Latin genres through the assignment of a significant portion of their contractual rights to one of the major manufacturing and distributing firms such as: Sony/BMG Music Group, RCA Records, a division of BMG Distribution (BMG) Bertelsman Music Group; Warner/Elektra/Atlantic (WEA), a division of Warner Music, Inc.; Universal Music Group; MCA Records, Inc.; Polygram Holdings, Inc. (PGD); or Def Jam Music, a division of Universal Music Distribution (UNI) and EMI Music, Inc. Collectively, these companies supply retailers with approximately 80% of the music recordings purchased. If the Company determines it is prudent to assign these rights, the Company intends to obtain and/or retain for its own benefit, royalty overrides as well as publishing and merchandising interests. In order to assure that the Company has sufficient latitude to discover and develop an artist to the level it deems appropriate, if any of the above options of participation outside of the Company are not pursued, the Company has the ability to continue to manufacture and distribute the recordings of its new artists to its alliance with Lightyear Entertainment, which is in turn distributed by Caroline Distribution, the independent distribution arm of EMI Music.
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