To: Mr. Oil who wrote (715 ) 5/20/1999 10:36:00 AM From: Condor Read Replies (1) | Respond to of 1692
This may be interesting to you Woofers as a potential momo. Generation Entertainment toChange Name to 'CDMusic.com'; Overwhelming Demand NecessitatesConsolidation of Services May 20, 1999 06:01 AM SCOTTSDALE, Ariz.--(BUSINESS WIRE)--May 20, 1999--Generation Entertainment Corporation GNEN , exceeding the expectations of its five-year growth plan, has created such demand in the movie, video, and electronic games arena that the company is changing its name to "CDMusic.com." All of Generation Entertainment's internal divisions, product development, and new music venues will be centralized under the new name. Warren Guth, President of Generation Entertainment Corporation, stated, "I'm delighted that the board will be taking steps to change our name to CDMusic.com. It is thrilling to see our progress moving so quickly as to necessitate a centralization of our services under one name: CDMusic.com." Generation Entertainment will also be structuring its image to be more precisely aligned with the current needs and the future direction of the entertainment and on-line entertainment industries. Recently, Generation Entertainment announced the breaking of digital ground with the unfolding of its revolutionary streaming media, digital downloading, and CD music internet ventures. cdmusic.com now features free digital music from Generation Entertainment's artists. Generation Entertainment's music can be found on most major music web-sites such as Amazon.com, in popular brick and mortar stores including Sam Goody and Wal-Mart, in new video games by Microsoft's VR-1 division, and on Black Entertainment Television (BET) music videos. Forward-looking statements in this release are made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and noted technological change, the company's dependence upon third-party suppliers, intellectual property rights and other risk detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission.