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Consolidated Sports Media Group, Inc. Announces Distribution Agreement for ``Racetrack Rednecks''.


ADDISON, Texas Addison is a city in Dallas County, Texas (USA). The population was 14,166 at the 2000 census. Addison is a northern suburb of Dallas. The city calls itself the Town of Addison but it is incorporated as a city.  -- Consolidated Sports Media Group, Inc. CSMGI (Pink Sheets:CSGU) (www.csmgi.com) announced today they have signed a distribution agreement to distribute the up-coming "Racetrack Rednecks" video series.

"We think 'Racetrack Rednecks' will not only show the funny, wacky and unscripted un·script·ed  
adj.
Not adhering to or in accordance with a script written beforehand: "his unscripted encounters with the press" Eleanor Clift.
 moments that race fans experience during race week, but it should help support the 'Racetrack Girls Go Nutz' series," said CSGU President and Chief Executive Officer Scott Schepper.

"Racetrack Rednecks", is debuting with "Racetrack Redneck Volume #1" and the introductory video is available on-line for free at www.racetrackredneck.com. The video series TV ad campaign is scheduled to launch in December of 2004.

CSGU is a conglomerate of multimedia companies that develop, produce, and distribute entertainment media focused on film, television, music, and publishing interests. The Company, based in Addison, Texas, was formed to develop and distribute training and instructional videos for a wide variety of sports enthusiasts. CSGU distributes DVD DVD: see digital versatile disc.
DVD
 in full digital video disc or digital versatile disc

Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology.
 titles through its direct response television business strategies as part of the company's commitment to be a dominant force in the sports marketplace, while also entering the multi-billion dollar home video/entertainment industry.

"Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
" Statement: Certain statements in this release are "forward-looking" statements as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Such statements are subject to numerous risks and uncertainties. Actual results may vary significantly from the results expressed or implied in such statements. Factors that could cause actual results to materially differ from forward-looking statements include, but are not limited to, the Company's ability to meet the terms and conditions required to obtain its project financing Project financing

A form of asset-based financing in which a firm finances a discrete set of assets on a stand-alone basis.
, risks and delays associated with product development, risk of market acceptance of new products, risk of technology or product obsolescence ob·so·les·cent  
adj.
1. Being in the process of passing out of use or usefulness; becoming obsolete.

2. Biology Gradually disappearing; imperfectly or only slightly developed.
, competitive risks, reliance on development partners and the need for additional capitol.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 17, 2004
Words:298
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