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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: country bob who wrote (9182)2/26/1999 3:49:00 PM
From: KM  Read Replies (1) of 27722
 
I have Level 2 btw

Navarre Signs Exclusive Deal With Jacket Records: First CD From Vonda Shepard -- Musical Alter-Ego on Fox TV's Ally McBeal Business Editors LOS ANGELES--(BUSINESS WIRE)--Feb. 26, 1999--Jim Chiado, VP/GM of Navarre Corporation's (Nasdaq: NAVR) music products division, today announced that the company has signed an exclusive distribution agreement with Jacket Records, featuring popular singer/songwriter Vonda Shepard. Recognized as Ally McBeal's television alter-ego, Shepard wrote the series theme song, provides additional songs for weekly episodes, and frequently appears on camera singing. Chiado enthuses, "We're delighted that Vonda has chosen to once again distribute her records through Navarre. We have watched Vonda's career soar and couldn't be happier to play a continued role in it." Shepard's Jacket Records CD, By 7:30, will be released through Navarre on April 20th, with a list price of $16.98. The first single off the CD will be Baby Don't You Break My Heart Slow, a duet with Emily Saliers, from the popular group The Indigo Girls. Jacket Records President Gail Gellman states, "Needless to say, we are very excited to release Vonda's record and are thrilled to work with Navarre again. These are challenging times in the music industry and independent releases need the support of a good distributor. Navarre is the best." Navarre Corporation operates one of the first "business to business" Internet E-Commerce web site www.navarre.com and provides fulfillment for both traditional and E-Commerce retail sites. Navarre Corporation's major business groups are: Computer Products Division which publishes and distributes quality consumer software to retailers nationwide; Independent Music Distribution which is the major distributor of independent music labels in the United States and now Canada; ARM which distributes major label music to non-traditional retail outlets; DVD Home Video distribution; and the majority-owned subsidiary NetRadio Network is the premier Internet radio network featuring over 100 channels of originally programmed audio content at netradio.net (TM), and its online stores CDPoint (http://CDPoint.com) (TM). --30--ccv/cgo* CONTACT: Navarre Corporation Terri Bonoff, 612/535-8333 tbonoff@navarre.com or Dresner Corporation Spencer Maus/Allison Gabrys 312/726-3200 smaus@dresnerco.com or CPR Carolyn Broner, 323/852-1548 KEYWORD: MINNESOTA CALIFORNIA INDUSTRY KEYWORD: ENTERTAINMENT INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com
Business Wire - February 26, 1999 10:22

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