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Gold/Mining/Energy : MODERN RECORDS INC. (MZR.V & MDNR.OTC)

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To: bcjt who wrote (161)1/12/2000 10:36:00 AM
From: bcjt  Read Replies (1) of 188
 
Modern Records appoints Russ Regan president

Modern Records Inc MZR
Shares issued 19,680,000 Jan 11 close $1.10
Wed 12 Jan 2000 News Release
Mr. Randy Jackson reports
Modern Records has appointed Russ Regan as president of Modern Records.
Randy Jackson will remain chairman and chief executive officer. Mr. Regan's
main responsibilities will be on the operational side of the company. Mr.
Regan is one of only a few record executives in the world who has had a No.
1 record in each of the last four decades.
Mr. Regan started his career as a top promotion executive for Motown and
promoted the top selling records for Stevie Wonder, Marvin Gaye, Smokey
Robinson and the Supremes. Mr. Regan has been responsible and a major force
behind the success for some of the biggest names in the music business.
Industry luminaries signed by Mr. Regan are: Elton John, Olivia
Newton-John, Neil Diamond and Barry White. Mr. Regan also named the Beach
Boys and helped develop their careers. In the 80s, as general manager for
Polygram, he was behind several hits including Flashdance, which sold over
14 million copies. In 1986 he returned to Motown as president of the
creative division where he was the force behind the successful comeback of
Smokey Robinson. Mr. Regan also served as president of 20th Century Fox
Records where he signed the Alan Parsons project and Barry White. In 1990
Mr. Regan became president of Quality Records and led it to platinum album
success for artist Timmy T. Mr. Regan has also been music supervisor for
four Academy Award winning songs from the films: The Poseidon Adventure,
The Towering Inferno, Flashdance and Chariots of Fire.
Mr. Regan says: "I've now spent five months with the company and I am very
impressed with the team at Modern Records and I am honoured to be appointed
as the company president. I will bring with me all my expertise and
relationships built over my career to the benefit of Modern Records."
Mr. Jackson says: "Russ Regan's background speaks for itself. He has proven
time after time that he can successfully bring artists to No. 1 performers
and he is an invaluable asset to our company."
(c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com
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