hursday December 7, 1:01 pm Eastern Time
Press Release
Magicinc.com Announces LaFace Records' Sam Salter to Star in Magic Studios' Proposed and Optioned Feature Film Project ''Liberty City''
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Dec. 7, 2000--Magicinc.com (OTCBB:MAGC - news) chairman, Gordon Scott Venters, announced today that it has entered into an agreement with LaFace Records' recording artist, Sam Salter, to star in its optioned upcoming feature ``Liberty City.'' LaFace Records currently distributes worldwide through BMG Entertainment, the music and entertainment division of Bertelsmann AG, one of the world's leading media companies.
Sam Salter was quickly signed to LaFace Records when his demo reached the desk of music legend Antonio ``L.A.'' Reid. L.A. Reid currently is the President of Arista Records succeeding Clive Davis.
Sam Salter's debut album ``It's on Tonight'' currently has sold over 250,000 copies and climbing. His new album is currently due out, early next year, on the LaFace Records label.
``This exciting new artist is a welcome addition to the current cast of ''Liberty City.`` His upcoming release and current fan base equate to additional moviegoers and music buyers and, in addition, promotion through cybars.com ''our nightclub network`` is planned, the Company's President, Gordon Scott Venters, said today.
Magicinc.com is an Internet entertainment holding company. Its core business strategy includes the acquisition of synergistic entertainment companies that provide content, merchandise and distribution aligned with the implementation and development of the world's first ``interactive'' Internet nightclub network, CyBars.com ``your nightclub connection''.
Copies of Magicinc.com's press releases, price quotes, stock charts and other information for investors may be found at the Company's Web site: http:// www.magicinc.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including but not limited to, the company's ability to market its products and services and future customer acceptance for these products and services and other risks detailed from time to time in company documents furnished to investors.
Contact:
Magicinc.com, Fort Lauderdale Gordon Scott Venters, 954/764-0579, Fax: 954/764-3620 E-mail: Magicfingers@Magicinc.com or PMR and Associates, Encinatas, Calif. 760/942-0015, Fax 760/942-1581 |