BET Holdings announces plans to open up to 20 additional BET SoundStage restaurants in major markets nationwide.WASHINGTON--(BUSINESS WIRE)--June 6, 1997--The Board of Directors for BET Holdings Inc., approved plans to significantly expand Black Entertainment Television's theme restaurant, BET SoundStage, by authorizing the opening of up to 20 additional restaurants nationwide during the next five years. The first BET SoundStage Restaurant located in Largo, Maryland Largo is an unincorporated community and census designated place in Prince George's County, Maryland, in the United States. The population was 8,408 at the 2000 census. , a suburb of Washington, D.C., has experienced strong sales since its opening in January of 1997. Robert L. Johnson Robert L. Johnson (born April 8, 1946) is an American businessman and the founder of Black Entertainment Television (BET), and was its chairman and chief executive officer. , chairman, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BET Holdings Inc. stated, "This exciting venture reinforces the strong brand identity of BET and builds on our success in bringing urban-oriented entertainment to markets nationwide." The BET SoundStage Restaurant is a music theme restaurant that uniquely blends the urban entertainment, music, and style of Black Entertainment Television, BET on Jazz; The Cable Jazz Channel(TM) and the nation's first black movie channel, BET Movies/STARZ!(3). Restaurant goers enjoy an entertainment dining experience through multi-media displays and interactive programming on three 15 foot video screens and more than 50 in-house video monitors. Dining patrons can become stars via video replays, critique new videos, and play entertainment trivia while enjoying great American and Southern cuisine. Debra Lee, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. for BET Holdings Inc., said, "This plan enables BET to operate businesses which will have a positive economic impact on communities across the country. The BET SoundStage Restaurants offer an unique entertainment destination for African-American consumers and anyone who enjoys the distinct sound and style of urban America and great food." In addition, a new BET SoundStage Club is slated to open in early 1998 at Disney's Pleasure Island resort in Orlando, Fla. This facility will be a 5,000 square foot waterfront club and restaurant featuring the best in jazz, R&B and hip hop hip-hop or hip hop n. 1. A popular urban youth culture, closely associated with rap music and with the style and fashions of African-American inner-city residents. 2. Rap music. adj. , live performances and music videos. Separately, BET announced that it will continue exploring the feasibility of developing and operating a hotel casino in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. . The project will be targeted toward serving the more than 2.2 million African-American visitors who frequent Las Vegas each year. The BET SoundStage Restaurant, owned by BET Holdings Inc., is a media-entertainment company publicly traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (BTV (Business TV) Using television to deliver company information and training to employees in remote branches. BTV uses satellite-based video to regular TV sets or IP-based video over the LAN/WAN to desktop computers and room monitors. ). Recently awarded the "Company of the Year" by Black Enterprise, magazine BET Holdings Inc. owns and operates several subsidiaries and ventures, including Black Entertainment Television, BET on Jazz: The Cable Jazz Channel(TM), BET Movies/STARZ1(3), BET Action Pay-Per-View, Emerge and B.E.T. Weekend magazines, BET Financial Services, and BET SoundStage. Black Entertainment Television is the nation's first and only television network providing a platform for quality programming targeted toward African-American viewers. BET is currently seen in more than 50 million cable households nationwide, as reported by Nielsen Media Research Nielsen Media Research (NMR) is an American firm that measures media audiences, including television, radio, theatre films (via the AMC MAP program) and newspapers. NMR, headquartered in New York City and operating primarily from Oldsmar, Florida, is best-known for the . CONTACT: BET Media Relations Michele Moore or Wesley Mallette 202/608-2003 or 202/608-2028 |
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