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Article: Raven Moon Entertainment to Receive $100,000 for the Distribution Rights to 'Gina D's Dance Party' Music CD.
- Article from:
- PR Newswire
- Article date:
- May 20, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Raven Moon Entertainment, Inc. (BULLETIN BOARD: RMOO) is pleased to announce that it has sold the manufacturing and distribution rights for the new "Gina D's Dance Party" Music CD to Club House Videos Inc. for $100,000 plus 10% of the gross sales.
Raven Moon Entertainment recently reported a significant increase in revenues and gross profit for the 1st quarter 2003 as compared with the 1st quarter 2002 with the bulk of the sales coming from Club House Videos Inc. Raven Moon's agreement with Club House Videos Inc. included the sale of the rights to the first 9 video, CD, and DVD products to Club House Videos for over $783,000 plus an ongoing 10% royalty of all ...