Navarre Announces Exclusive Distribution Agreement With Dualtone Records
Navarre Announces Exclusive Distribution Agreement With Dualtone Records
Navarre Will Be the Exclusive United States Distributor of Dualtone's Entire Music Catalog
MINNEAPOLIS, Sept. 16 /PRNewswire-FirstCall/ -- Navarre Corporation (NASDAQ:NAVR), a publisher and distributor of a broad range of home entertainment and multimedia software products, today announced that it has signed an exclusive three year distribution agreement with Dualtone Records for the distribution of their entire music catalog in the United States.
Nashville based Dualtone Records was founded in 2001 by music veterans Scott Robinson and Dan Herrington. Recognized in the music industry as one of the premier Americana music labels, Dualtone also includes a publishing company. Early successes include three GRAMMY awards and eight GRAMMY nominations. Dualtone is home to artists such as Chely Wright, Robinella, The Peasall Sisters, Charlie Robinson, Bobby Bare, Jeff Black, Deryl Dodd, Roger Creager and the Greencards among others.
Bob Freese, Vice President/General Manager of Navarre Entertainment Media commented, "We are very excited to be working with Scott and Dan of Dualtone Records. We've watched them grow this label over the past 5 years and we believe their songwriting prowess and high standards in working with their artists will position them for continued future growth. As we begin to ramp their extensive music catalog through our distribution channels we believe that Dualtone Records will become one of Navarre's top ten independent music labels by the end of fiscal year 2007. Together with Navarre's sales team, their development expertise and fantastic artist roster, we expect to deliver great releases to our retail partners."
Dualtone's Scott Robinson comments, "We're excited about the opportunity to work with Navarre, and are looking forward to continuing to build upon Dualtone's past successes with Bob Freese and the Navarre Team."
About Navarre Corporation
Navarre Corporation (NASDAQ:NAVR) is a publisher and distributor of a broad range of home entertainment and multimedia products, including PC software, CD audio, DVD and VHS video, video games and accessories. Since its founding in 1983, the company has established distribution relationships with customers across a wide spectrum of retail channels which includes mass merchants, discount, wholesale club, office and music superstores, military and e-tailers nationwide. The company currently provides its products to over 18,000 retail and distribution center locations throughout the United States and Canada. Navarre has recently expanded its business to include the licensing and publishing of home entertainment and multimedia content, primarily through the acquisitions of Encore Software, Inc., BCI Eclipse Company, LLC, FUNimation Productions, Ltd. and the FUNimation Stores, Ltd. For more information, please visit the company's web site at http://www.navarre.com/ .
Source: Navarre Corporation
CONTACT: Haug Scharnowski, VP Corporate Relations, of Navarre Corporation, +1-763-535-8333, hscharnowski@navarre.com
Web site: http://www.navarre.com/
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