MONTREAL, March 10, 2005 (PRIMEZONE) -- A.G. Media Group, Inc. (Pink Sheets:AMGJ) announced today the signing of an agreement with The Gospel Music Association (GMA), the trade organization for the Christian music industry.
The agreement will give A.G. Media marketing access to the 4,200 core trade professionals currently responsible for nearly $1 Billion in commerce within the Christian music industry. The Company will also receive direct affiliation with the GMA's nationally syndicated awards show, the GMA Music Awards(tm); GMA Week conference; GMA Music in the Rockies summit; GMA Academy; specialty publications, GMA Music Industry Networking Guide and GMAIL; as well as ongoing advocacy and public relations efforts. A.G. Media will provide GMA with specialized promotion and placement and co-branding within the GospelCity.com web property and other GospelCity initiatives to market the GMA to the Urban Christian audience.
Capturing a large share of the Urban Christian audience, the GospelCity web property has quickly become a major brand and currently ranks as the 8th most trafficked global Christian web property according to ChristianTop1000, an independent web audience measurement services for Christian content web sites.
"Through the GospelCity web destination and brand, A.G. Media has clearly established a leading position in marketing to the Urban Christian consumer," stated John Styll, GMA President. "A.G. Media will be key in helping the GMA to more effectively reach this in demand market," he added.
"We believe this partnership with the GMA will play an important role in A.G. Media's expansion and growth initiatives, allowing the company to reach an additional market sector representing over 50% of the Christian music trade space," stated Richard Picart, A.G. Media's COO.
Added A.G. Media President, Pierre Redding, "We view this partnership as a win-win for both the GMA and A.G. Media in our mutual efforts and overall goal to drive even greater revenue for the Christian industry through a more unified approach to marketing to the entire Christian market."
According to Christian Booksellers Association, the international trade association for the Christian industry, the global Christian music and retail industry is currently a $4.3 Billion market.
About A.G. Media Group, Inc.
A.G. Media Group (http://www.agmediagrp.com) was established to become a leading Christian media holding company comprising Christian-based Internet, print and television related content properties and technology development services. A.G. Media is also focused on the development of valuable, high demand content for distribution through multiple media outlets and through its continually growing audience base.
About GospelCity
GospelCity, part of A.G. Media Group's Internet and New Media Division, utilizes new media technologies and services to provide access and exposure to Christian music and entertainment. GospelCity produces GospelCity.com, recognized as the leading web destination for Urban/Gospel Christian music fans and consumers who desire to access Christian music, artist information, inspirational content, community exchange and spiritual programming online. GospelCity.com offers an easy and enjoyable means to connect consumers with the Christian music industry and with other Christian music fans and consumers.
About The Gospel Music Association
Founded in 1964, the Gospel Music Association (GMA) serves as a face and voice for the Christian music community. As an umbrella trade organization, the GMA provides an atmosphere in which artists, industry leaders, retail stores, radio stations, concert promoters and local churches can coordinate their efforts for the purpose of benefiting the industry as a whole, while remaining true to the purpose of communicating the gospel message. The GMA continues to build a platform for all genres of gospel music through its programs, special projects and services. More than 4,200 members make up the Gospel Music Association and include record company professionals, aspiring and established artists/writers/musicians, concert promoters, radio professionals, retailers, publishers, producers, booking agents, artist managers, and more. This diverse group represents every Gospel music genre including pop/contemporary, rock, hip hop, inspirational, urban, southern gospel, Latin and more.
Safe Harbor Statement
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