The following press release was released today:
Digital Music Group, Inc. (NASDAQ:DMGI) , a content owner and global leader in the digital distribution of independently owned music and video catalogs, announced today an exclusive digital distribution agreement with wrestling legend and star of the hit series on VH1 Hogan Knows Best, Hulk Hogan. Under the terms of the agreement, DMGI will distribute newly-created audio and video ringers from the wrestling superstar to mobile and digital distribution channels worldwide.
“Hulk Hogan is wrestling’s biggest superstar and a true American icon and we’re very happy to be working with him to create new audio and video ringers,” said Mitchell Koulouris, Chief Executive Officer of DMGI. “Hulk is another example of a top-tier artist choosing DMGI as their digital partner. We’re very excited to be partnering with Hulk to bring his content to his legions of fans around the world.”
“I’m thrilled to be working with DMGI as my new digital distribution partner,” said Hogan. “My fans have been asking me to make more of my content available via digital and mobile channels and DMGI was the clear choice for me. They’re a great company with an excellent video distribution network.”
DMGI will be releasing these exclusive, never-before-seen Hulk Hogan audio and video ringers through its extensive video and mobile distribution channel. The first of these exclusive Hulk Hogan ringers will be released in fall 2007.
Entering its fourth season on July 22, Hogan Knows Best is one of the top-rated shows on VH1. One of the greatest, most popular, and charismatic wrestlers of all time, Hogan virtually single-handedly took the world of professional wrestling from cult following into the mainstream of American entertainment. Hogan made his pro debut in 1978 and later in the early 1980’s was cast as Thunderlips in the hit movie Rocky III, which propelled him into the international spotlight. He then entered the World Wrestling Federation (WWF) in 1983. Hogan won the WWF title numerous times, and was credited with dealing Andre the Giant his first loss in pro wrestling. After leaving the WWF he made his comeback with World Championship Wrestling (WCW), the WWF’s bitter rival.
