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Kass media group - Wikipedia, the free encyclopedia

Kass media group

From Wikipedia, the free encyclopedia

Kass Media Group
Type Holding corporation
Founded 1994 (as Kass Media)
1998 (Kass Media Group formed)
2001 (KRG formed)
2002 (KPG formed)
Headquarters Laguna Hills, California and Broadway, New York, United States
Key people Joel Kass: CEO
Donald Osatari: Chairman and CEO KPG International
Industry Music entertainment and film
Revenue €42.989 million (2007)
Net income €56 million (2007)
Employees 125
Website http://www.kassmediagroup.com

[1]

Kass Media Group (KMG) is the parent company for several record labels in the recording industry as well as publishing and advertising. With a .7% market share for record groups, it is one of the smaller record labels that

have world wide distribution. The company has purchased several entities including Delphi Communications and Ceratus Digital that also conduct market research and produce poll data on emerging market trends.

KMG headquarters are in Laguna Hills, California. For the publishing group in United States, KPG is located in Santa Monica, California, and New York City, [[New

York]]; in the UK the group has a number of offices in London and Romford.[2].

Contents

[edit] History

Kass Media Group is the parent company of Kass Record Group, Kass Advertising Group, Kass Publishing Group, and several other companies that do research and development for the audio and film industry.

On September 15, 2004 it was announced that KMG will purchase TVL Publishing, for €2.40 million in France subject to regulatory approval.[3]Kass Media Group corporate strategy has focused on the following: (1) emerging market technologies such as digital publishing (2) so called 'negelected markets', such as CD sales among college

students and (3) creating new software for the emerging industry. The company has an elaborate system of college promotion teams that market CD items, which are currently in decline in that demographic, to that market.

[edit] Labels

Kass Media Grouop owns, or has a joint share in, a large number of record labels, including Kass Record Group [4]


[edit] Company Holdings

The company has extensive holdings in other media corporations including Time Warner.[5].


[edit] Software and Hardware Development

In September 2005, KMG purchased Oceanic Technologies in the UK for €1.4 million[6] The company has developed a series of products that deal with anti-piracy as well as new methods of online digital distribution.

[7].

[edit] KMG Music Feed

On January 15, 2008 KMG had announced that in 2009 it would promote its own online service for digital downloads.[8]

[edit] References

  1. ^ Stats - News Blog - Daily Brief - Portfolio.com
  2. ^ [1]
  3. ^ [http://news.bbc.co.uk/2/hi/business/531ewe50.stm BBC NEWS | Business |KMG to buy TVL publishing]
  4. ^ [http://www.portfolio.com/views/blogs/daily-brief/2007/11/21/Kass Media Group KMG Enters the Record Industry - News Blog - Daily Brief - Portfolio.com]
  5. ^ [2]
  6. ^ [http://www.thelondonpaper.com/cs/Satellite/london/news/article/1asdf7149112069?packedargs=suffix%3DArticleController KMG Purchases oceanic(thelondonpaper)]
  7. ^ [3]
  8. ^ [http://live.marketclusters.com/cl2/view/2008/01/07kmg_new_services/ StrategyWire :: KMG to launch online digital sales network]

[edit] External links


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