![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
X-Phonics | LSE:XPH | London | Ordinary Share | GB00B0DG1X47 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.40 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:8943W X-Phonics plc 21 May 2007 X-Phonics Plc ("X-Phonics" or the "Company") 21 May 2007 Major Record Deal Record Label X-Phonics (AIM: XPH.L), the independent music and media group, is pleased to announce a ground breaking contract to licence The Attic Lights to Universal-Island Records Limited. The Attic Lights were signed to X-Phonics Music Ltd in November 2006 and are a 5 member band based in Glasgow. The Attic Lights sound is a mix of classic 60's Beach Boys meets Snow Patrol and although the band have been together for less that two years they have already shown a measurable level of success, regularly playing on the Scottish festival scene and receiving good support from such radio stations as XFM and Radio 2. The Company has licenced the band to Universal-Island Records in a 5 album deal. Under this arrangement Universal-Island have the exclusive rights to acquire the recordings produced for and by the band for exploitation on a worldwide basis. To date the Company has received an advance and fees in relation to the production of the bands debut album. This has been delivered to Universal-Island Records having been recorded during the last 3 months in The Mixing Rooms in Glasgow. In addition the Company will receive royalties based on future worldwide sales. John McLaughlin, Chief Executive, said, "This is a significant signing for our record label demonstrating that we have the ability to identify artists and produce records that are of real interest to the major record labels. We are beginning to create a real buzz in the industry that we hope will create a basis for major record labels to work with us closely in the future. " For further information please contact, John McLaughlin, Chief Executive X-Phonics Plc Tel. 020 8987 0800 Mike Hosie, Finance Director Tel. 020 8987 0810 Notes to Editors X-Phonics is an independent music and media group that has and is developing opportunities across all aspects of the industry in a way that creates and maximises returns from the relationships between its artists and writers. X-Phonics has a number of artists who have been contracted to the Company because of their potential to be developed within the business for the longer term or because they are perceived to have broader appeal which can be delivered earlier to the market in partnership with larger record labels. Working with the Company's artists are a number of song writers who can collaborate or who work individually and who also work on external projects. The Company has signed a number of well known writers who bring with them catalogues of previous work which can be further exploited by the Company and who will attract other commissions and artists with whom to work. It is the Company's intention to build a rosta of writers and to own and build a catalogue of songs which will generate revenues over the longer term. The Company has two additional activities and resources that both support the record label and publishing activities and that generate external income. It has an audio recording facility which is made available to its artists and writers to facilitate and support the development of in-house projects as well as being made available to external chargeable clients. It also has access to a state of the art, fully specified recording studio facility which compliments the Company's internal facilities. There is also a broadcast quality video editing facility which allows promotional requirements of the artists to be met in a cost effective and fully controlled manner as well as offering the opportunity of being commissioned for the production of external video and film work. The synergistic nature of the business is worth re-iterating. Not only does each of the business areas generate projects and revenues in their own right but wherever possible complimentary revenue streams are sought through the involvement of other aspects of the Company in the projects. As an example, an artist can be working with the Company's writers allowing the Company to share in the publishing revenues as well as in the record label revenues that accrue from the promotion and marketing of the artist's album. Recording of the album would be completed using the Company's in-house recording facilities and if appropriate a promotional video could be produced using the Company's video capabilities. By adopting this business model the Company can maximise its opportunity of revenues or a revenue share at each stage of the artistic process. This information is provided by RNS The company news service from the London Stock Exchange END MSCAPMFTMMJBBPR
1 Year X-phonics Chart |
1 Month X-phonics Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions