SMC Entertainment, Inc. Appoints Fred McKendree as VP of Sales, Marketing & Distribution
10 May 2011 - 11:31PM
Marketwired
SMC Entertainment, Inc. (PINKSHEETS: SMCE) announced today that
Fred McKendree, a seasoned sales and marketing professional, has
been appointed to the Company's management team. Over the span of
his career Mr. McKendree has had a hand in the success of a number
of chart topping acts across genres including Ozzy Osbourne, Ice
Cube, Master P, Dr. Dre, Jill Scott and many more.
"SMC Entertainment is developing a digital strategy that may
enhance efforts on the marketing and delivery of our content, but
may allow us to further exploit our core business model. This may
allow us, if present trends and market conditions continue, to
achieve sales growth from currently untapped sources. If the
Company can successfully implement this strategy, the Company may
be poised to gain market share both in the short term but most
importantly in the long term. These are very exciting times to be
involved in such a forward-thinking organization," shared Mr.
McKendree.
Mr. McKendree has worked at some of the most influential
companies in the music business including Priority Records, EMI and
the Handleman Company. While at Priority he worked with a who's who
list which ranged from Tony Iommi to NWA; creating innovative
merchandising and sales programs that helped position them as the
largest independent label in the late 90's and working with some of
the largest physical retailers in the world, including WalMart,
Best Buy, and Blockbuster Music.
Most recently as Vice President Sales and Distribution at RBC
Records he worked both independent and major artists' projects
including Tech N9ne, Rakim, Raphael Saadiq, E-40, and many more.
With a strong background in both the physical and digital
landscape, he has created many groundbreaking promotional campaigns
allowing indie artists to flourish in an ever-changing music
marketplace.
"We are extremely excited to have him join our team since he
brings with him a real understanding of the formula for success it
takes in the industry these days from the physical to digital
releases and our vision for growth. He has an aggressive sales
model and innovative marketing ideas that we look forward to
putting into action," said SMC Entertainment, Inc. CEO Ralph
Tashjian.
About SMC Entertainment, Inc.:
Established in March of 2005, SMC Entertainment, Inc. is home to
independent music and artists. Based in San Francisco, CA, the
Company's prized accomplishment is its unique philosophy of artist
development, where artists are encouraged to participate with the
label from inception through maintenance of their careers. This
innovative structure has garnered industry veterans to join the
company and aid in its growth. SMC is distributed by Fontana, the
indie distribution subsidiary of Universal. It is SMC's humble
regional beginnings and loyalty to their artists and their careers
that will guarantee the company to always be on the precipice of
creativity and expansion in the music game.
The Company recently changed its name from SMC Recordings, Inc.
to SMC Entertainment, Inc. to more accurately reflect its current
business and industry focus. At the same time, the Company
completed a reverse stock split of one for 50 that may allow the
Company's stock to trade at levels that may allow better long-term
liquidity for the Company's stockholders.
Forward Looking Statements:
This press release contains "forward-looking statements." These
are statements concerning plans, objectives, goals, strategies,
expectations, estimates, intentions, projections, developments,
future events or performance, underlying (expressed or implied)
assumptions and other statements that are other than historical
facts. In some cases, forward-looking statements can be identified
by the use of forward-looking words such as "believes," "expects,"
"may," "will," "should," "anticipates" or comparable words, or by
discussions of plans or strategy that involve risks and
uncertainties. Management cautions the reader that these
forward-looking statements, including, but not limited to,
statements regarding SMC's plans, goals, estimates, assumptions and
business strategy and other matters that are not historical facts
are only predictions. No assurances can be given that such
predictions will prove correct. Actual events or results may differ
materially either because one or more predictions or assumptions
prove to be erroneous or as a result of other risks facing SMC
Entertainment, Inc. Forward-looking statements should be read in
light of the cautionary statements and risks that include, but are
not limited to, the risks associated with a small company, changing
market conditions, adverse competitive trends, the intense
competition SMC faces from others and technological changes. Any
one or more of these or other risks could cause actual results to
differ materially from the future results indicated or implied in
such forward-looking statements. SMC Entertainment, Inc. undertakes
no obligation to update or revise any forward-looking statement to
reflect events, circumstances or new information after the date of
this press release or to reflect the occurrence of unanticipated or
other subsequent events.
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