American ED Center (CE) (USOTC:AMCT)
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AMC Hires Robert Guillerman as President of American Southwest
Music Distribution
SANTA FE SPRINGS, Calif., May 14 /PRNewswire-FirstCall/ -- AMC American Music
Corp. (AMCT.PK) hires Robert Guillerman as President of American Southwest
Music Distribution. Guillerman, a 27-year record distribution veteran, is a
prominent figure in the independent record distribution business. Robert
Guillerman has been responsible for the first national independent distribution
of many current multiple platinum selling record labels and artists, including
Cash Money Records (Universal Records) and Lil'Flip (Sony Records), which
brought these artists and labels to the attention of the major record companies
and national consumers for the first time.
Robert Guillerman will bring American Southwest Music Distribution and AMC
American Music Corporation key wholesale and retail accounts throughout the
United States and Canada. More importantly, for American Southwest, Guillerman
will soon sign distribution deals with several labels and artists, that he
believes will have strong sales in the genres of Urban/Hip-Hop, Latin, Gospel,
Country and Rock music.
Robert Guillerman will oversee the daily operations of American Southwest Music
and will be responsible for securing distribution agreements with third- party
record labels or production companies. Robert Guillerman will have the
authority to sign deals with record labels that he selects in his professional
discretion.
Through American Southwest, AMC will distribute prerecorded music and DVD's for
various independent record companies and motion picture production companies
seeking worldwide retail distribution. Through distribution contracts,
American Southwest will become the worldwide exclusive distributor for various
independent labels. American Southwest will sell products, throughout the
United States and Canada, using its own sales force and sub- distributors, and
will have the right to license products to foreign sub- distributors. AMC will
seek the right, under each contract, to move any successful album or artist
from American Southwest's distribution to distribution by AMC through
Alternative Distribution Alliance, (ADA). ADA is a division of the Warner
Music Group, a subsidiary of AOL/Time Warner.
About AMC American Music Corporation
AMC American Music Corporation was founded in 1995. The Company primarily sells
its products to consumers through retail record stores and wholesale
distribution, under the label names of Direct Music Group, AMC, and WWIII.
Through its affiliate, Direct Music Group, AMC distributes its records through
Alternative Distribution Alliance. AMC acquires the exclusive worldwide rights
to commercially market, sell and distribute all copies of recordings produced
by recording artists, producers, and third-party labels. AMC American Music
will continue to develop, publish and market popular Rock, Hip Hop, Gospel and
Latino Music, and distribute that music through a domestic distribution
agreement with Direct Music Group, and Alternative Distribution Alliance,
(ADA). ADA is a division of the Warner Music Group, a subsidiary of Time Warner
Inc.
For more information please visit http://www.amcamericanmusiccorp.com/.
Safe Harbor
The Private Securities Litigation Reform Act of 1995 may provide a "safe
harbor" for forward-looking statements. Certain information included in this
press release contains statements that are forward-looking, such as statements
related to the future anticipated direction of the industry, plans for future
expansion, various business development activities, planned capital
expenditures, future funding sources, anticipated sales growth, and potential
contracts. Such forward-looking information involves important risks and
uncertainties that could significantly affect anticipated results in the future
and, accordingly, such results may differ from those expressed in any
forward-looking statements made by, or on behalf of the Company. These risks
and uncertainties include, but are not limited to, those relating to
development and expansion activities, dependence on existing management,
financing activities, and domestic and global economic conditions.
DATASOURCE: AMC American Music Corp.
CONTACT: David Zazoff of FOCUS Partners LLC, +1-212-752-9445, for AMC
American Music Corporation
Web site: http://www.amcamericanmusiccorp.com/