Modern Records hires Russ Regan, consultant Modern Records Inc MZR Shares issued 19,680,000 Aug 5 close $0.74 Fri 6 Aug 99 News Release Mr. Randy Jackson reports Modern Records Inc. has has hired Russ Regan as a consultant to the company. Mr. Regan is only one of a few record executives in the world who can boast of having No. 1 records in each of the last four decades. Mr. Regan has played a major role in the careers of some of the biggest names in the music business. Industry luminaries such as Elton John, Olivia Newton-John, Neil Diamond, Barry White and the Beach Boys, all credit Mr. Regan as a major force behind their success. Mr. Regan worked as a top promotion executive for Motown and promoted the top selling singles for Marvin Gaye, Smokey Robinson, The Supremes and The Miracles. He also was behind the promotion of Frank Sinatra's "That's Life," which became one of Frank Sinatra's biggest selling record. In the 1980s, Mr. Regan was behind big successes such as Flashdance, as general manager for Polygram. Returning again to Motown in 1986, he was most noted for the successful comeback of Smokey Robinson. In 1990, Mr. Regan became president of Quality Records and led it to platinum album success for artist Timmy T (One more try) and gold album for the dance-mix USA compilation (Dance Mix volume 1, and Dance Mix volume 4). Mr. Regan says: "I see rap music-rhythm and rhyme -- getting better and better, just like rock music in the 1950's; so that it's going to be around for a long time. I'm very impressed with the team at Modern Records and I am looking forward to bring my expertise to the label." Randy Jackson, president and chief executive officer of Modern Records, says: "Russ Regan's background speaks for itself. He has proven time after time that he can successfully promote artists to No. 1 performers, and he is an invaluable addition to our management team." (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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