NRG Entertainment
Inc. Announces New Director Don Grenough, Co-Founder of Herbalife
announced today that Mr. Don Grenough has
been appointed to the Board Of Directors of the Company. Mr. Grenough
is internationally respected for his distinguished career involving marketing,
promotional and production activities throughout the entertainment industry.
Over the past 25 years, Mr. Grenough has successfully
produced over 1000 concerts with top name artists such as Bruce Springsteen,
Elton John, Prince and Mick Fleetwood. He has also personally produced
and orchestrated special events for President Bill Clinton, Craig McCaw
(McCaw Cellular), Hugh Hefner (Playboy Enterprises), Mohammed Ali, and
California Governor Gray Davis.
Mr. Grenough brings to the company his years
of unique experience and expertise in the music world along with his long
established Hollywood relationships. In discussing his appointment, Mr.
Grenough stated, The timing of this opportunity for both myself
and NRG could not be better. The recording industry is constantly looking
for new artists and I feel that the structure of NRG, with its emphasis
on aiding new artists in all areas of production, distribution and marketing
of their work, will have a tremendously successfull impact on the entertainment
industry worldwide.
Mr. Grenough, the co-founder of Herbalife
in 1980, was at the forefront of the trend of natural products, and played
a very instrumental role co-managing the revolutionary way in which Herbalife
became a multi-billion dollar marketing giant worldwide. He joins the
NRG Chairman of the Board, David Gideon Thomson, as well as the other
acting Directors, David Kenny and Dr. Ian B. Woods. The Board of Directors
represents many decades of experience in all aspects of the entertainment
business and public companies. For complete biographies go to the Management
section in the corporate web site at http://WWW.NRG-Entertainment.com.
A spokesperson for the Company stated, We
feel that in appointing Mr. Grenough to the Board, that NRG is seizing
an exceptional opportunity to add experienced leadership in helping to
guide the company and its artists successfully through and beyond the
exciting growth now occurring.
About The Company:
The NRG Entertainment corporate mandate is
to find and develop new talent, a niche sector that many of todays
major record and entertainment conglomerates have been unwilling or unable
to fully commit to due to restructuring priorities.
NRG is now well positioned to be the leading
global supplier of new talent by providing independent artists with much
needed integrated support and services through the Companys four
basic business divisions; Indieland Music Services Ltd (sales, distribution
and licensing), FATBOY Records Corp (record label division), Zanzara Music
Publishing (publishing), and NRG Multimedia Group (Internet division,
including its new proprietary copyright protection technology).
The Company believes strongly that its unique
market focus will enable it to experience exceptional revenue and earnings
growth over the intermediate and long-term. For more information about
NRG Entertainment, Inc., please visit the Companys web site at http://www.nrg-entertainment.com
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