Platinum Entertainment, Inc. - PTETQ- Profile

Platinum Entertainment, Inc.. Platinum Entertainment, Inc. is a music company that produces, markets and distributes high quality recorded music. The company releases music in a variety of genres including adult contemporary, classical, urban, blues, gospel and country through Intersound Classical, Platinum, River North, House of Blues, CGI Platinum and Platinum Nashville labels. The company owns or controls the copyrights to over 13,000 master recordings and contains significant catalogs of classical, urban, adult contemporary, blues, gospel and country music. The company through its art division provides design and finished film for print-ready record covers. The products are distributed through PED the company's proprietary distribution system, international-licensing agreements as well as agreements on a territory-by-territory basis and Internet distribution. Music products accounted for 96% of 1999 revenues and licensing, publishing and other revenues, 4%.