Antra Holdings Group, Inc. - RECD- Profile

Antra Holdings Group, Inc. through its wholly owned subsidiary, Antra Music Group, Inc., produces, acquires, licenses and distributes high quality music. The company primarily focuses on urban music, the area of the industry that includes hip-hop, rap, rhythm and blues. During 1999 the company entered into a three-year distribution agreement with Artemis Records. The agreement replaces the company's former joint venture with A&M Records and enables the company to retain exclusive ownership of all of its master recordings. In 1999 the company and Teltran International Group Ltd. formed a joint venture, Recordstogo.com. The joint venture is a corporation formed to establish and operate a website for the sale of music recordings. Royalties and license agreements accounted for 88% of 1999 revenues and music albums, 12%.