Signature Entertainment Completes Retooling of Organization
Signature Entertainment and its wholly owned subsidiary, School of Rock Entertainment, announced today that it has completed the majority of its operational retooling of its parent company and its international subsidiaries.
- (1888PressRelease) October 21, 2011 - Montreal (Quebec) - Signature Entertainment announced today that it has completed the majority of its operational retooling of its parent company and its international subsidiaries. The retooling is as detailed below:
• Signature Beijing, located at the IBM Tower at Pacific Century Place, has been sold with operational turnover having taken place on October 14th. With this sale, Signature has exited the Chinese language sports marketplace after eight years. Chinese language content for fashion television will now be produced in Europe at Signature Entertainment.
• Final minority ownership interests in Signature Las Vegas and Signature Los Angeles have been sold. These two independent companies are service providers of entertainment, planning and logistical needs for casinos and special events and entertainment venues since the early 1990's when Christina Saint Marche established their individual corporate structures and operations.
• Signature Montreal, which is located at 1000 Rue de la Gauchetière Ouest has been closed as of October 1st. The company has decided to leave the French Canadian news and local sports marketplace after nine years of operations. The French Canadian fashion content has been merged with Signature's European operations.
• Signature Entertainment, based in Canada for the last 11 years, has started its planned expansion into producing fashion television content and shows for international audiences in various languages. The company has had a level of success in the "real time" fashion broadcast marketplace, as well as the production of individual stories on designers and fashion trends.
• Signature Entertainment Europe will continue to expand its film distribution operations into multi-language countries on the European continent.
• School of Rock Entertainment, which is a wholly owned subsidiary of Signature Entertainment, will begin to expand its operations into a registered music college, which will be based in Southern Ontario, Canada. The music college will focus on helping independent bands and singers worldwide in establishing their own label and controlling their own careers with respect to music, video, marketing, touring and all aspects that are attached to the music industry. School of Rock believes it is the first of its kind in this arena, as it will offer an on campus educational facility as well as an on-line school. The educators for the college will come from the music, legal, accounting and film industry fields.
"Signature Entertainment has come a very long way since my mother founded this company but it is time to return to our roots, that being music and the visual aspect that is attached to music industry" stated Chance Saint Marche. "Our goal with School of Rock is to establish a "one stop" educational institution whereby bands and singers can educate themselves enough to control their entire music enterprise. It's Lady Gaga in a teaching syllabus, so to speak."
Chance Saint Marche will be heading up the School of Rock division for Signature Entertainment.
About Signature: Signature Entertainment was established in 1993 by Christina Saint Marche. In the early years, Mrs. Saint Marche held a Nevada State license for booking entertainment into casino venues. The licenses, which are governed by the Nevada Gaming Control Board, were limited in the number available at that time. In the spring of 2001, the majority of Signature Entertainment Las Vegas was sold. Around the same time period, Signature Entertainment Los Angeles was sold by a number of partial sales that had taken place over an extended period of time. In mid-2001, Saint Marche established a film company in the Yukon Territory for stock footage which supplied the motion picture industry. That company is currently expanding its coverage base into the Arctic. The Yukon company establishment led to television sports production in Canada, on a special project basis in the beginning years. Signature was named the Official Cinematographer of the Canadian Football Hall of Fame for the years 2005-2007. The company soon expanded into China and Europe. As of late, the company has captured content contracts for fashion shows and individual "back stories" on designers and fashion trends. The company is currently exploring the concept of establishing its own fashion television channel in Asia. Signature Entertainment is used exclusively in the broadcast operations of Christina Saint Marche Limited - Paris.
About Chance Saint Marche: Curriculum Vitae is available on-line at "saintmarche.co.uk"
Forward Looking Statement: This document contains certain forward-looking statements that may or may not prove accurate. For example, statements regarding expected revenue growth and market trends and School of Rock's pipeline of students are forward-looking statements. Phrases such as "aim", "plan", "intend", "anticipate", "well-placed", "believe", "estimate", "expect", "target", "consider" and similar expressions are generally intended to identify forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from what is expressed or implied by the statements. For Signature Entertainment and its subsidiaries, these factors include: economic and financial conditions in the markets we serve, especially those affecting music education, entertainment, payers and customers; price levels for established and innovative educational services; developments in teaching method; regulatory approvals, reimbursement decisions or other Canadian government actions; litigation relating to trademarks or other claims; legal compliance risks and related investigative, remedial or enforcement actions; strategic actions, including acquisitions and dispositions, our success in integrating acquired businesses, and disruption that may result from changes we make in our business plans or organization to adapt to market developments; and numerous other matters that affect us or our markets, including those of a political, economic, business or competitive nature.
Media Contact:
R. Chance Saint Marche 1.855.TRY.ROCK / chance ( @ ) saintmarche dot co.uk
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