PAYFORVIEW.COM'S MUSIC DIVISION, STREET SOLID RECORDS, SIGNS TWO
990331 - PAYFORVIEW.COM(PAYV) - RENO, NEVADA
ABOVE THE LAW AND RBX LAUNCH NEW ALBUMS IN JUNE 1999 FOR INNOVATIVE NEW MUSIC LABEL
PayForView.com ("PayForView") (OTC BB: PAYV) is pleased to announce PayForView's music division, STREET SOLID RECORDS ("STREET SOLID"), their L.A. based record label headed by Jay Warsinske, has announced the signing of two major artists with acclaimed pasts and extensive credits. Both the West Coast hip-hop group ABOVE THE LAW, as well as hit artist and writer RBX have brand new albums due for release in June, 1999 on the new STREET SOLID label.
ABOVE THE LAW, celebrating their 10th year in the business, is the legendary rap group from L.A. that icons DR. DRE and the late great Eric 'EAZY-E' Wright launched in the early 90's after the monumental success of their group N.W.A. The Group ABOVE THE LAW, which has recorded for SONY'S EPIC & RELATIVITY labels, is accredited with being an influential force in today's blossoming hip-hop market around the world. Their last album, "LEGENDS" in 1998 was recently voted the #2 ALBUM OF THE YEAR BY A GROUP in the influential publication RAP PAGES Yearend Poll of critics and consumers. They have recently been honored and celebrated by their inclusion of two major hit collections, "The N.W.A. LEGACY" and RUTHLESS RECORDS GREATEST HITS: THE DECADE". Group Leader Greg 'HUTCH' Hutchison states, "After recording for giant conglomerates, we are truly independent on an exciting new label like STREET SOLID, that is a 'leaner & meaner' version of the record companies of the future!"
RBX, born Eric Collins, along with his cousins 'SNOOP DOGG' and 'DAZ,' with their producer 'DR. DRE' were the musical foundation of DEATH ROW RECORDS meteoric $300 million in sales during their 'success story in the 90's. RBX vocalizes on every other song on the DR. DRE album "THE CHRONIC" that sold over 5 million copies and which is acclaimed as one of the influential and biggest selling albums of the 90's. His album "DOGGSTYLE" broke sales records and has sold over 6 million copies around the world. RBX's last album "THE RBX FILES" was released in 1997 on WARNER BROS. RECORDS, winning many top reviews and mentions as 'one of the best albums of the year'. RBX says, "Street Solid is the perfect music label for the new millennium, combining great artistic & business vision with a flair for innovative marketing concepts and a passion for building a better record company for the future."
The new ABOVE THE LAW and RBX albums are part of the STREET SOLID Summer release schedule, that already includes the soon to be released FATHER MC album.
PAYFORVIEW.COM PROCEEDS WITH 3 FOR 2 FORWARD STOCK SPLIT
The Company confirms that the Board of Directors will be proceeding with a 3 for 2 forward split of the common stock of the Company. The Effective date for this forward split has been set for shareholders of record on the close of business April 9, 1999. In order to receive three new common shares for every two currently held, shareholders or their investment brokers will be required to submit the old share certificates to the Company's transfer Agent, Alexis Stock Transfer (phone:(760) 773-9227), for conversion.
WALL STREET RESEARCH GROUP RECOMMENDS PAYFORVIEW A STRONG BUY
The WALL STREET RESEARCH GROUP, publishers of the "Wall Street Research Report", listed payforview.com as a recommended buy. In describing the strengths of payforview.com, Wall Street Research Group pointed to strong content acquisition plans, highly anticipated technology joint ventures and excellent diversification through record and film sales as reasons to believe payforview.com is poised for excellent growth.
Other Internet broadcast companies include BROADCAST.COM (Nasdaq: BCST) and VISUAL DATA CORP. (Nasdaq: VDAT). Go to wallstreetresearch.net to view the Wall Street Research Report, or call Toll Free in the USA 1-888-615-1145 to request a written report, which will be mailed to you.
Payforview.com is an Internet based Entertainment Company which will distribute movies, music, sports and live events direct to viewers on a pay-for-view and retail basis. The Company is in the process of acquiring content and creating programming and broadcasting specifically for the Internet. Payforview is in the process of preparing other content to allow website visitors to view sample broadcast clips, catalogue content, and go to Payforview's various divisions within the website for movies, live events, sports, education and business. The Company's music division, STREET SOLID RECORDS, currently has 9 CDs in production and post production. Additionally, Payforview.com intends to negotiate with other content providers and distributors to acquire the Internet broadcast and DVD rights to other video content.
ON BEHALF OF THE BOARD OF payforview.com
Marc A. Pitcher President
For Further Information, Contact: Corporate Communications for payforview.com Toll Free: 1-800-545-7214 Fax 604-688-9519 email: invest@payforview.com or web: payforview.com
CERTAIN INFORMATION INCLUDED IN THIS COMMUNICATION (AS WELL AS INFORMATION INCLUDED IN ORAL STATEMENTS OR OTHER WRITTEN STATEMENTS MADE OR TO BE MADE BY Payforview.com) CONTAINS STATEMENTS THAT ARE FORWARD-LOOKING, SUCH AS STATEMENTS RELATING TO THE FUTURE ANTICIPATED DIRECTION OF THE INTERNET INDUSTRY, PLANS FOR FUTURE EXPANSION, VARIOUS BUSINESS DEVELOPMENT ACTIVITIES, PLANNED CAPITAL EXPENDITURES, FUTURE FUNDING RESOURCES, ANTICIPATED SALES GROWTH AND POTENTIAL CONTRACTS. THESE FORWARD LOOKING STATEMENTS ARE SUBJECT TO A NUMBER OF KNOWN AND UNKNOWN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL OPERATIONS OR RESULTS TO DIFFER MATERIALLY FROM THOSE ANTICIPATED.
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