|
AG
Interactive and Legendary Urban Trendsetter Russell Simmons Unite
to Bring Hip Hop Culture to a Wireless Generation
Def
Jam Mobile will provide a vast array of personalized mobile content
ranging
from messaging and ringtones to graphics, games, greetings and news
CLEVELAND, June
7, 2004 /PRNewswire via COMTEX/ -- AG Interactive, the new media
subsidiary of American Greetings Corporation, and the renowned hip
hop mogul and visionary Russell Simmons, have joined together to
provide a new arsenal of cutting edge wireless offerings and avenues
of personal expression through content-based products, services
and applications to millions living the hip hop lifestyle.
AG Interactive
and Def Jam's branded Def Jam Mobile is designed to offer a new
voice for the hip hop generation by developing a substantial suite
of new wireless applications and products to the mobile marketplace.
Under the agreement, the partners will jointly develop, distribute
and market mobile content offerings in the music, film and videogame
area as well as other forms of self-expression including personalization,
messaging products and entertainment. The content will be produced
and marketed to create meaningful connections with the hip hop audience,
providing an innovative way to express personal choices and lifestyle.
The partnership
brings AG Interactive together with one of hip hop's most historic
entrepreneurs. Simmons founded seminal rap label Def Jam, launching
the careers of legendary artists including LL Cool J, Beastie Boys
and Public Enemy. He revolutionized urban fashion by creating the
Phat Farm clothing line, launched popular television projects including
Def Jam Comedy, and Def Jam Poetry and created the influential Hip
Hop Summit. All these achievements have made Simmons the most sought-after
thought leader in the urban market. Just as importantly for AG Interactive,
Simmons has already enjoyed success producing branded mobile phones
through deals with Motorola.
Simmons will
now bring his magic touch to AG Interactive, which is already creating
buzz in the urban wireless arena with its upcoming Univision Movil
content which is targeted to the Hispanic market. Def Jam Mobile
will cement AG Interactive's growing reputation as a wireless content
innovator.
"This major
partnership with Russell Simmons enables AG Interactive to establish
a leadership position in a market that wireless content providers
are eager to penetrate," notes Josef Mandelbaum, President
and Chief Executive Officer, AG Interactive. "When looking
to partner with an organization that best represents this lifestyle,
there is no more authentic and influential brand than Def Jam."
"It's only
natural to extend hip hop into new avenues of self-expression,"
states Kevin Liles, President and Chief Executive Officer, Def Jam.
"Def Jam Mobile will allow us to be able to provide new ways
for our audience to access and use wireless content to further their
own individuality."
"The buying
power of the hip hop generation has evolved into a multibillion
dollar economic force," notes Russell Simmons, Chief Executive
Officer, Rush Communications. "We're confident Def Jam Mobile
will bring the most desirable, targeted mobile content to the core,
hip hop demographic."
Hip hop has
come to dominate both urban communities and traditional suburbia
with CD sales topping $1 billion in 2003, largely due to the 45
million hip hop consumers between the ages of 13 and 34. This group
is 80 percent white, according to Simmons Lathan Media Group, and
has an annual spending power of $1 trillion. The new partnership
seeks to provide an unparalleled opportunity for those living this
hugely popular and influential culture to extend their self-expression
into the mobile marketplace. To gain wide distribution for Def Jam
Mobile, AG Interactive will draw on partnerships with more than
25 carriers.
About
AG Interactive
AG Interactive,
the new media subsidiary of American Greetings, operates Internet
and mobile businesses including a network of sites such as AmericanGreetings.com,
eGreetings.com, Beatgreets.com and global brand BlueMountain.com.
The sites together offer over 20,000 high quality greetings and
other types of expressive content and is the number one online greeting
card destination with over 2 million paying subscribers and tens
of millions of unique visitors per month. AG Interactive's mobile
brands include MIDIRingTones, Kiwee, BlueMountain, Univision Mobile
and Def Jam Mobile. In addition, AG Interactive has partnerships
with more than 25 carriers and all major Internet portals. AG Interactive
directs several business units including a wireless entertainment
division providing innovative personal expression solutions for
consumers through wireless and other multi-media platforms and international
and new product units. AG Interactive is headquartered in Cleveland,
Ohio with offices in New York, Los Angeles, St. Paul (MN), Paris,
Hanover (Germany), Madrid, London and Bucharest (Romania).
AG Interactive
is part of American Greetings Corporation, one of the world's leading
manufacturers of social expression products. American Greetings
companies also include Carlton Cards(R), Learning Horizons(R), Balloon
Zone(R) and DesignWare(R). American Greetings is headquartered in
Cleveland, Ohio. For more information on the corporation, visit
http://corporate.americangreetings.com.
About
Rush Communications
Rush Communications
was founded in 1990 by Hip Hop mogul and visionary Russell Simmons
to maximize the numerous business and creative opportunities he
perceived within the entertainment industry. Committed to creating
dynamic, urban-based entertainment that captures the raw energy
and creativity of American youth culture, Rush Communications has
become a multimedia conglomerate synonymous with innovation, independence
and integrity.
From its roots
in music -- Simmons brought rap into the cultural mainstream through
his founding of the legendary music label Def Jam -- to its diversified
interests in film, television, publishing and fashion, Rush Communications'
preeminence rests on its prescient identification, interpretation
and development of provocative synergistic content. Among its flagship
businesses is Phat Fashions which has achieved great success over
the past 12 years in conveying the All-American lifestyle.
The collection
includes apparel, jewelry, eyewear, loungewear, fragrance, footwear,
suits and accessories. Visionary in its scope and breadth, Rush
Communications is also mindful of its social responsibilities which
it pursues through the Rush Philanthropic Arts Foundation and the
Hip Hop Summit Action Network, which work to empower and enlighten
urban youth across the country.
|