7days music entertainment AG
Jack White Productions AG buys into 313 MUSIC
JACK WHITE PRODUCTIONS AG / Acquisition Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Jack White Productions AG buys into 313 MUSIC New business segment: managing artists Berlin, April 26, 2007 – Jack White Productions (JWP) AG has acquired a stake of 51% in 313 MUSIC. The Berlin-based company specializes in managing artists, and this expands the range of JWP AG activities, and it operates a label of its own. In 2006, the company booked sales of around EUR 1 million and an appreciable return on sales. Under contract to 313 MUSIC are, among others, Melanie C. The ex-Spice Girl had a smashing comeback in 2006 with her album 'Beautiful Intentions', which went gold, and three singles from it (incl. the platinum no. 1 hit 'First Day of My Life') stormed the German singles and airplay charts, leading to her being nominated for the 'Echo' in the 'Hit of the Year' category. Moreover, the company manages the following artists: Ben (RTL 'Let’s Dance'), who came to fame with his hit 'Engel', the artist and '5-Sterne-Deluxe'-founder 'Das BO' ('Türlich, Türlich…Sicher Dicker') as well as producer and composer Lukas Hilbert, who has already been in the studio with the likes of Nena, Peter Maffay and Die Prinzen and has composed countless Top-10 hits such as Yvonne Catterfelds hit single 'Für Dich' as well as the title music to Big Brother (RTL II) and the PRO7 series 'Freunde'. Moreover, 313 MUSIC handles manages the artists who are the finalists in the current series of 'Deutschland sucht den Superstar'. By taking over 313 MUSIC, JWP AG has ensured it is less reliant on trends in the audio recordings business and has also broadened its artists base, which will contribute to the planned expansion in its core business. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: Jack White Productions AG: Founded in 1998, Berlin based Jack White Productions AG is producing and releasing music recordings with various artists, and acquiring rights from other producers. The total stocks of master rights are bundled in the back catalog that contains all the recordings contributed by the founder on the occasion of the IPO as well as titles produced or acquired since. Jack White Productions AG core business consists of exploitation of these neighboring rights and copyrights in Germany, Switzerland, Austria and the United States. In business 2005, Group sales came to EUR 23.3 million and EAT totaled EUR 3.26 million. Jack White Productions AG is listed in the Prime Standard segment of the Frankfurt Stock Exchange. For further details please contact: Thomas M. Stein, CEO Jack White Productions AG, T: +49 89 9509490, F: +49 89 95094920, whitemuc@jack-white.de Claudia Wieland, TIK GmbH, T: +49 911 9597860, F: +49 911 9597880, info@tik-online.de Further information is available from www.jack-white.de and www.313music.de DGAP 26.04.2007 ---------------------------------------------------------------------- Language: English Issuer: JACK WHITE PRODUCTIONS AG Uhlandstr. 173/174 10719 Berlin Deutschland Phone: +49( 0)30 882-7383 Fax: +49 (0)30 882-5903 E-mail: investorrel@jack-white.de www: www.jack-white.de ISIN: DE0005087506 WKN: 508750 Indices: GEX, Prime All Share , Prime Media Performance-Index , Prime IG Movies & Entertainment Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
Aktuelle News
Aktuelle Berichte
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden