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2llennium Records

company contact details
company name2llennium Records
address20156 Veach
cityDetroit
stateMichigan
zip code48234
 
 
about the company
size of companySmall
aboutMISSION STATEMENT
2LLENNIUM ENTERTAINMENT GROUP (2EG) will capitalize on the growing entertainment market across the world through the production and promotion of high quality entertainment. Located in Detroit, Michigan, the company will become highly profitable through the sale of 2EG recorded music products (compact discs), in addition to revenues generated from ancillary profit centers, 2EG owns and control the masters (master copies), copyrights and licenses of its product, which will enable 2EG to create immediate revenue streams while growing its music catalog into a multi-million dollar asset.


EXECUTIVE SUMMARY
The years of experience maintained in both the business and creative sides of 2EG's record company operations will enable 2EG to create profitable revenue immediately. 2EG maintains strong affiliations in the music industry. With a proven sales records, 2EG will be offered the opportunity to receive international distribution. This will provide 2EG the opportunity to generate revenue from the world's largest music markets including Japan, Germany, the United Kingdom and South America. The company has established four record labels to handle a variety of music genres including Pop, Rhythm & Blues, Jazz and Gospel. 2EG has compiled an exciting and diverse roster of recording artists. Selected over the past two years, these highly talented veteran and debuting artists will enable 2EG to quickly penetrate the music marketplace. 2EG distinguishes itself from other independent record companies through its marketing and promotional plan. Intense, calculated and relentless promotional campaigns will enable 2EG to earn massive revenues through full-length CD's and albums. 2EG will utilize the success of its pre-recorded music to develop profit centers in independent distribution, merchandise and concert promotion. Based on conservative revenue projections, 2EG will generate over $5.7 million in sales revenue throughout fiscal 2005-2006, and $26.3 million in 2006-2007. 2EG's founders are seeking $4.5 million in equity investment capital for this exciting company. These funds will be used to: a) establish corporate offices, b) maintain overhead expenses, c) acquire and secure artists, d) fund project production budgets, e) fund multi-faceted marketing and promotion budgets. A staged infusion of capital over the course of the first 10 months of operations will provide 2EG with the necessary financial resources. A linked offering composed of common stock, preferred stock and debentures is being offered by 2EG. As 2EG reaches the aforementioned levels of profitability, several lucrative exit scenarios become realistic including the opportunity to be acquired by a major record company and, depending on investor preferences, the ability to liquidate ownership positions.


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