LOS ANGELES, (BUSINESS WIRE) — X-Change Corporation, An emerging hip-hop entertainment conglomerate, is pleased to announce that negotiations are currently underway with a number of major distributors to have a put deal to distribute their music label’s albums. Old West Entertainment, which is headed by iconic West Coast hip-hop legend, Kid Frost, is planning to have a deal secured by the first quarter of 2012. At the moment, Old West Entertainment has build up a library of 10 albums that are ready to be distributed into market. “We have a strong library which is ready to be presented to the public, most of our artist have a strong following already”, says Arturo Molina aka Kid Frost.

Universal Music Group is currently the largest global record company to date. UMG owns and operates labels such as, Interscope Geffen A&M, The Island Def Jam Music Group, Universal Republic Records, Universal Music Group Nashville, Decca Label Group, The Verve Music Group, Show Dog — Universal Music, Universal Music Enterprises, Universal Music Latin Entertainment, and A&M/Octone. Working in concert with all of the company’s record labels, they provide a frontline approach to catalog management, a concentration of resources, a greater emphasis on strategic marketing initiatives and opportunities in new technologies such as the Internet. Universal Music Group consists of many major artists like, Rihanna, Akon, Amy Winehouse, Avant, Baby Bash, Babyface, Lil Wayne, Blackstreet, Boy II Men, Busta Rhymes, Diana Ross, DJ Khaled, Jay Z, Justin Beiber, Rick Ross, and so much more. UMG covers genres, pop, rock, rap, R&B, country, jazz, classical and Latin music.

Sony Music Entertainment is the second largest global record company in the world today, and is wholly owned subsidiary of “Sony Corporation of America”. The company that evolved into Sony Music was founded in 1929, as the “American Record Corporation”. Through merger of several smaller companies, the Columbia Broadcasting System acquired the American Record Corporation in 1938. Through the years of evolution, in 1991, the record label was renamed “Sony Music Entertainment”. Sony now owns and operates many record labels such as, American Recordings, Arista Nashville, Battery Records, Beach Street Records, BNA Records, Columbia Nashville, Columbia Records, Day 1, Epic Records, Essential Records, Flicker Records, LaFace Records, Legacy Recordings, Masterworks, Polo Grounds, RCA Records, RCA Nashville, RCA Red Seal, RCA Victor, Reunion Records, Roc Nation, Sony Classical, Sony Music Latin, Star Time International, Verity Gospel Music Group, and Volcano Entertainment. Today Sony Music Entertainment has many great artists like, Michael Jackson, Aaliyah, Alicia Keys, Aerosmith, Avril Lavigne, J. Cole, Beyonce, Britney Spears, Chris Brown, Daddy Yankee, DMX, Jennifer Lopez, Toni Braxton and tons more. Sony Music is home to premier record labels representing music from every genre.

Old West Entertainment is also making their library available on iTunes for digital downloads, according to a new report from research analysts. Global Equities Research has revealed that Apple’s iTunes platform, including music, films, iBooks and the App Store, will grow at a rate of 39% over the next three years to contribute $13 billion in revenue in 2013. The group’s research indicates that more publishers are supporting Apple’s iBook format over Amazon’s Kindle platform, with it believed that Apple’s design and finishing has begun to tempt users way from the Kindle. “We are excited to have our library available on iTunes in 2012 for digital downloads, and hopefully we are able to close a put deal with a major like Sony, Universal, Warner, etc.”, added Old West CEO, Arturo Molina.

Old West Entertainment Corp.

 

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