The Real Hip-Hop Network Global Media Announcement & Press Conference

The Real Hip-Hop Network Global Media Announcement & Press Conference

IN CELEBRATION OF BLACK MUSIC MONTH, VIRGIN MUSIC, THE VIRGIN MEGASTORE, AND ICONS IN BLACK MUSIC JOIN THE HIP-HOP NATION WORLDWIDE IN A MAJOR ANNOUNCEMENT

ON THE NEXT GENERATION OF HIP-HOP MUSIC, COMMUNICATIONS AND BUSINESS.

Announcing The Inaugural Global Positioning & Deployment Of THE REAL HIP-HOP NETWORK And The Merger/Partnership Of THE SOURCE MAGAZINE

Friday, June 17, 2005 9:30 am (edt) Times Square Virgin Megastore 1540 Broadway Level 2 New York, New York 10036

THE REAL HIP-HOP NETWORK was formed to create the world's first 24 hour television network, which focuses exclusively on Hip-Hop music, lifestyle and culture.

THE SOURCE MAGAZINE is the official and the largest most influential magazine of Hip-Hop music, culture and politics, and is the only independent voice for the Hip-Hop nation.

Hip-Hop today is celebrating 30 years of growth, and is a $10 Billion Industry.

Hip-Hop has become the number one musical, entertainment and marketing genre in the world, having effectively moved into the mainstream as global businesses tune in to the fact that Hip-Hop sells just about anything, and is here to stay.

THE BUSINESS OF HIP-HOP FACTS

In 2004 Sales of HIP-HOP CD's alone topped $1.5 Billion. Annual sales of HIP-HOP clothing was $2.5 Billion. Related HIP-HOP Merchandising & Marketing reached $1.7 Billion.

42% of songs in the weekly Billboard Top 20 charts that mention brand names were HIP-HOP.

The Number One Entertainment Programming Globally On MTV & BET is HIP- HOP.

Press Conference Participants ATONN F. MUHAMMAD President & Chief Executive Officer THE REAL HIP-HOP NETWORK

ANTHONY MUHAMMAD HIP-HOP Historian Chairman, Board of Advisors THE REAL HIP-HOP NETWORK

DAVID MAYS & RAY BENZINO Co-Founders & Officers THE SOURCE MAGAZINE

A.D. CRUSH Co-Chair, Board of Advisors THE REAL HIP-HOP NETWORK & Chief Brand Executive THE SOURCE MAGAZINE

DOUG E. FRESH Historic Hip-Hop & Rap Pioneer Vice Chief Brand Executive THE SOURCE MAGAZINE

A VARIETY OF HIP-HOP ARTISTS, PRODUCERS, PERFORMERS & VETERANS

THE MEDIA IS INVITED TO ARRIVE AS EARLY AS 8:30AM AND MAY GAIN ENTRY VIA THE FRONT DOOR OF THE VIRGIN MEGASTORE ENTRANCE.

CONTACT: Harvey Glenn, D. L. Fields, or Sachi Sood, all for The Real Hip-Hop Network, +1-713-256-6243.

PRNewswire -- June 16

Source: The Real Hip-Hop Network

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