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Post by Franko10 ™ on Jan 3, 2008 16:27:21 GMT -5
September 25, 2007
Fuego Entertainment Announces Production Agreement with Award-Winning Music Producers Luny Tunes
MIAMI, FL -- September 25, 2007 -- Fuego Entertainment, Inc.(OTCBB: FUGO) today announces that it executed a production deal with the award-winning producing duo Luny Tunes: Francisco Saldaña (Luny) and Víctor Cabrera (Tunes).Under this five-year agreement, the popular and successful Latin urban music producers will co-produce two albums per year that will be released under Fuego Entertainment’s music division FEMI (Fuego Entertainment Music International).
Over the past three and a half years, Luny Tunes have produced several albums generating over $16.5 million dollars in sales for Universal Music Group.Luny Tunes have produced albums, music tracks, and remixes for top Latin Reggaeton, Pop and R&B recording artists such as Janet Jackson, Paris Hilton, The Black Eye Peas, Lenny Kravitz, R Kelly, Ricky Martin, Shakira, Alejandro Sanz, Fat Joe, Daddy Yankee’s “Gasolina,” Wisin y Yandel’s “Rakata,” Don Omar’s “Dale Don Dale,” Tego Calderon’s “Métele Sazón,” Ivy Queen, Hector y Tito, and many others.
“The Luny Tunes have a successful track record as the architects of the most significant crossover in Latin music in the last few years. This co-production agreement comes at a time where our music division is rapidly growing and expanding. This collaboration should generate substantial financial benefits to our company,” stated Hugo Cancio, CEO of Fuego Entertainment. “We look forward to taking our productions to a new level and hitting markets that we have never reached before,” stated Luny Tunes. “I’m exited for the opportunity to work with the Luny Tunes! Their performance is unquestionable,” stated Adriano Tota, President of FEMI, European Division.
Luny Tunes’ first album with the Company will be released in a few weeks.
As successful music producers in the Reggaeton genre, the LunyTunes have managed to earn an abundance of fans and awards while on the road to international stardom. Some awards include:
-- Latin Billboard Awards 2004: Más Flow - “Tropical Album of the Year / Duo or Group;”
-- Latin Billboard Awards 2004: Más Flow - “Tropical Album of the Year / New Generation;”
-- Reggaeton People’s Choice Awards 2004: Luny Tunes - “Producer of the Year”;
-- Latin Grammy Awards 2005: Barrio Fino - “Best Album of the Year / Urban” (as producers);
-- Reggaeton People’s Choice Awards 2005: Luny Tunes - “Producer of the Year;”
-- Reggaeton People’s Choice Awards 2005: Mayor Que Yo - “Best Song of the Year;”
-- Reggaeton People’s Choice Awards 2005: Mas Flow 2 - Best Album of the Year;”
-- Latin Billboard Awards 2006: Luny Tunes - “Producer of the Year;”
-- Premios Lo Nuestro Awards 2006: Mas Flow 2 - “Best Album of the Year / Urban Category;” and,
-- Musica Furia 2007: Luny Tunes - “Reggaeton Producers of the Year.”
Additional terms of this agreement were not disclosed.
Fuego Entertainment, Inc. is engaged in the production, acquisition, marketing, sales, and distribution of entertainment products. For more information, please visit Fuego Entertainment at www.fuegoentertainment.net.
This press release contains statements, which may constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995.Those statements include statements regarding the intent, belief or current expectations of Fuego Entertainment, Inc., members of their management, and assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.
Contact:
Fuego Entertainment, Inc.
Dan York
Investor Relations
214 675-2531
ir@fuegoentertainment.net
Fuego Entertainment Announces Production Agreement with Award-Winning Music Producers Luny Tunes
MIAMI, FL -- September 25, 2007 -- Fuego Entertainment, Inc.(OTCBB: FUGO) today announces that it executed a production deal with the award-winning producing duo Luny Tunes: Francisco Saldaña (Luny) and Víctor Cabrera (Tunes).Under this five-year agreement, the popular and successful Latin urban music producers will co-produce two albums per year that will be released under Fuego Entertainment’s music division FEMI (Fuego Entertainment Music International).
Over the past three and a half years, Luny Tunes have produced several albums generating over $16.5 million dollars in sales for Universal Music Group.Luny Tunes have produced albums, music tracks, and remixes for top Latin Reggaeton, Pop and R&B recording artists such as Janet Jackson, Paris Hilton, The Black Eye Peas, Lenny Kravitz, R Kelly, Ricky Martin, Shakira, Alejandro Sanz, Fat Joe, Daddy Yankee’s “Gasolina,” Wisin y Yandel’s “Rakata,” Don Omar’s “Dale Don Dale,” Tego Calderon’s “Métele Sazón,” Ivy Queen, Hector y Tito, and many others.
“The Luny Tunes have a successful track record as the architects of the most significant crossover in Latin music in the last few years. This co-production agreement comes at a time where our music division is rapidly growing and expanding. This collaboration should generate substantial financial benefits to our company,” stated Hugo Cancio, CEO of Fuego Entertainment. “We look forward to taking our productions to a new level and hitting markets that we have never reached before,” stated Luny Tunes. “I’m exited for the opportunity to work with the Luny Tunes! Their performance is unquestionable,” stated Adriano Tota, President of FEMI, European Division.
Luny Tunes’ first album with the Company will be released in a few weeks.
As successful music producers in the Reggaeton genre, the LunyTunes have managed to earn an abundance of fans and awards while on the road to international stardom. Some awards include:
-- Latin Billboard Awards 2004: Más Flow - “Tropical Album of the Year / Duo or Group;”
-- Latin Billboard Awards 2004: Más Flow - “Tropical Album of the Year / New Generation;”
-- Reggaeton People’s Choice Awards 2004: Luny Tunes - “Producer of the Year”;
-- Latin Grammy Awards 2005: Barrio Fino - “Best Album of the Year / Urban” (as producers);
-- Reggaeton People’s Choice Awards 2005: Luny Tunes - “Producer of the Year;”
-- Reggaeton People’s Choice Awards 2005: Mayor Que Yo - “Best Song of the Year;”
-- Reggaeton People’s Choice Awards 2005: Mas Flow 2 - Best Album of the Year;”
-- Latin Billboard Awards 2006: Luny Tunes - “Producer of the Year;”
-- Premios Lo Nuestro Awards 2006: Mas Flow 2 - “Best Album of the Year / Urban Category;” and,
-- Musica Furia 2007: Luny Tunes - “Reggaeton Producers of the Year.”
Additional terms of this agreement were not disclosed.
Fuego Entertainment, Inc. is engaged in the production, acquisition, marketing, sales, and distribution of entertainment products. For more information, please visit Fuego Entertainment at www.fuegoentertainment.net.
This press release contains statements, which may constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995.Those statements include statements regarding the intent, belief or current expectations of Fuego Entertainment, Inc., members of their management, and assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.
Contact:
Fuego Entertainment, Inc.
Dan York
Investor Relations
214 675-2531
ir@fuegoentertainment.net
