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GENM Generation Mining Limited

0.28
0.00 (0.00%)
Last Updated: 14:35:02
Delayed by 15 minutes
Share Name Share Symbol Market Type
Generation Mining Limited CSE:GENM CSE Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.28 0.26 0.28 0 14:35:02

GEM Inks Deal With Sygenics To Offer Online Music Downloads

05/03/2004 1:30pm

PR Newswire (US)


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GEM Inks Deal With Sygenics To Offer Online Music Downloads MONTREAL, March 5 /PRNewswire/ -- Grand Entertainment and Music, Inc. has signed an agreement with Sygenics Corp. of Montreal to create an online music distribution site for more than 5,000exclusive titles. GEM's music catalogues, ranging from pop, children's, classical, salsa and rap, can be sampled and then downloaded for 99-cents per track. The site is expected to be in operation by this summer. "We're thrilled that we can now offerour excellent talent stable to the public in this mass market format," said GEM president Fred Berlin. "It levels the playing field with the major labels. The public can easily listen to the music GEM has been producing for the past ten years and thenpurchase it instantly," he added. "It's a great way of showcasing our new talent. "We believe GEM will see a significant increase in revenues in the current fiscal year with this new sales effort," Berlin said. The site being designed by GEM and Sygenics will allow clients to customize their downloads and make the CD mix they like best. Other smaller music producers will be invited to use the GEM site for a fee. Grand Entertainment, which trades under ticker symbol GENM on NASDAQ-OTC, has been producing popularly priced music CD's for more than ten years. It markets music in three languages -- English, Spanish, and French. GEM recently announced that it is setting up a DVD division to add visual segments of various groups and artists to their sound tracks. "We have become one of the top 20 music production houses in North America, and we believe our new initiatives will help us move even higher up that ladder," Berlin said. "And, it's exciting to know that the many talented artists we've recorded will now have their music heard by the public." For further information, please contact: Grand Entertainment & Music Inc. MacReport.NET Mr. F. Underhill Mr. T. Speciale 514-328-9348 631-393-5075 http://www.gem-music.com/ http://www.macreport.net/ DATASOURCE: Grand Entertainment and Music Inc. CONTACT: Mr. F. Underhill of Grand Entertainment & Music Inc., +1-514-328-9348; or Mr. T. Specialeof MacReport.NET, +1-631-393-5075, for Grand Entertainment and Music Inc. Web site: http://www.gem-music.com/

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