| Business Summary | | Platinum
Entertainment
is
engaged
in
the
primary
business
of
the
production,
distribution,
marketing
and
sale
of
music.
The
Company
currently
owns
or
controls
a
music
catalog
with
more
than
13,000
master
recordings.
Platinum's
music
products
include
new
releases,
typically
by
artists
established
in
a
particular
genre,
compilations
featuring
various
artists
and
repackagings
of
previously
recorded
music
from
the
Company's
master
music
catalog
and
licenses
from
third-party
record
companies.
Platinum
releases
music
in
a
variety
of
genres
including
classical,
urban,
adult
contemporary,
blues,
gospel
and
country
through
its
Intersound
Classical,
Platinum,
House
of
Blues,
CGI
Platinum
and
Platinum
Nashville
labels. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Platinum
Entertainment
produces,
licenses,
acquires,
markets,
and
distributes
recorded
music
for
Gospel,
Country,
Adult
Contemporary,
Blues,
Classical,
Urban
and
Compilation
genres.
For
the
three
months
ended
3/31/00,
revenues
fell
41%
to
$5.4
million.
Net
loss
applicable
to
Common
totalled
$5.2
million,
up
from
$2.5
million.
Revenues
reflect
the
termination
of
PGD
distribution
channel.
Higher
loss
suffered
from
the
absence
of
gains
from
legal
settlements. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Brent Gordon, 57 Exec.
VP of Sales and Distribution | $222K | Hank Caldwell, 53 Exec.
VP- Labels | 112K | Thomas Leavens, 51 Chief
Gen. Counsel and Sr. Exec. VP | 286K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|