UOMO Launches Recorded Music Division
UOMO Media Inc. (OTCBB:UOMO), a multi-channel entertainment and media company, today announced the launch of its recorded music division, UOMO Recorded Music.
The division is tasked with growing UOMO’s catalogue of music master recordings through acquisitions as well as the signing of individual artists. UOMO Recorded Music will find opportunities to monetize these rights by selling artists’ albums, placing songs in films, television, video games and commercials.
“Launching the Recorded Music division is a significant milestone in UOMO’s business plan,” said Mr. Camara Alford, CEO and Chairman of UOMO Media Inc. “As a key revenue generating division, we are excited to be on point as we continue building our catalogue of intellectual property assets that translate into further revenue streams.”
About UOMO Media Inc.
UOMO Media Inc. is a multi-channel entertainment company that acquires, produces, and manages intellectual media content and digital assets. UOMO integrates existing and well-established revenue streams in recorded music, publishing, talent management and distribution through its four operating divisions: UOMO Digital Distribution, UOMO Recorded Music, UOMO Talent Management, and UOMO Publishing. PriceWaterhouseCoopers estimates that by 2011, the global media and entertainment industry will be worth US$ 2 trillion. www.uomomedia.com.
Forward Looking Statements:
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development and acquisition of new product lines and services, government approval processes, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties, and the risk factors set forth from time to time in the Company’s SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. UOMO Media Inc. takes no obligation to update or correct forward-looking statements.