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WORLD'S LARGEST MUSIC PUBLISHER, WARNER/CHAPPELL, SIGNS MULTIMILLION DOLLAR DEAL WITH NIKKODO; TOP RECORDING ARTISTS AVAILABLE ON KARAOKE

 NASHVILLE, Tenn., March 30 /PRNewswire/ -- The world's largest music publisher, Warner/Chappell Music Inc., a division of Time/Warner, has concluded a multimillion dollar deal with karaoke software manufacturer Nikkodo U.S.A. Inc. The agreement, signed at a special news conference at Warner/Chappell offices in Nashville's Music Row, allows top-40 tunes from the company's vast song library to be made available on karaoke laser disc, CDG and VHS formats.
 The contract marks the first business venture between music publishing giant Warner/Chappell and Nikkodo U.S.A. Inc., one of the world's largest karaoke software and hardware manufacturers. Both companies look forward to a long-term and expanding relationship in future karaoke business.
 Warner/Chappell administers the copyrights of approximately 900,000 musical compositions in every genre including pop, country, rock and R&B. The company has offices in 36 countries with more than 800 employees worldwide.
 Headquartered in Osaka, Japan, Nikkodo is one of the largest karaoke hardware/software manufacturers in the world with more than $300 million in annual sales. The company offers a full line of professional and home karaoke components including laser disc and compact disc plus graphics players. Nikkodo also publishes laser disc and compact disc plus graphic software in 15 different languages.
 As a result of the Warner-Chappell/Nikkodo contract, music and lyrics from such top-40 greats as Michael Jackson, Madonna, Prince, Elton John and George Michael will be available on karaoke laser disc, CDG and VHS formats. Popular country artists include George Strait, Doug Stone and Trisha Yearwood. These artists offer a whole new selection of music previously unavailable to karaoke fans.
 Production of video and music tracks for the initial 140 song titles will begin immediately at Warner/Chappell subsidiaries throughout the United States and Canada. Manufacturing of the laser discs and CDG formats will be done by Nikkodo U.S.A. Inc. Nikkodo will market the finished karaoke products worldwide. Initial shipping of product is scheduled for spring/summer 1993.
 "This is an exciting new venture that we have been looking forward to for a long time," said Tim Wipperman, the colorful senior vice president and executive general manager for Warner/Chappell Music Inc. A long-time karaoke fan, Wipperman has been toying with karaoke projects for fun for some time.
 "This production agreement will greatly expand the songs available on karaoke creating a whole new market for this growing industry. We cannot say enough about the spirit of excitement and cooperation we have experienced since we began working with this music superpower," said Steve Itani, senior vice president for Nikkodo U.S.A. Inc.
 -0- 3/30/93
 /CONTACT: Jo Hunt of DeLyon-Hunt & Associates, 310-374-6893, for Nikkodo U.S.A./


CO: Warner/Chappell Music Inc.; Time-Warner; Nikkodo U.S.A. Inc. ST: Tennessee IN: ENT SU: CON

LS-MS -- LA007 -- 0907 03/30/93 09:30 EST
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Publication:PR Newswire
Date:Mar 30, 1993
Words:476
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