Central South Distr., Inc. Merges With Lataillade Entertainment & Riff Town Entertainment Group

CENTRAL SOUTH DISTRIBUTION, INC. MAKES
HISTORICAL MERGER WITH LATAILLADE ENTERTAINMENT
AND RUFF TOWN ENTERTAINMENT GROUP
July
14, 2009 (New York, NY) Central South Distribution, Inc., which has
been the number one independent faith based record distributor in the
world for the past decade, has formed a partnership with Lataillade
Entertainment, headed by independent contemporary gospel
label/publishing/marketing guru Vicki Mack-Lataillade, and her husband,
Claude Lataillade, and Ruff Town Entertainment Group, an entity founded
by Grammy nominated and noted songwriter/producer/recording artist Rene
Moore. The multi-million dollar stock purchase marks the first time in
history that three African Americans’ will have a principal stake and
partnership in a major contemporary music distribution company. Randy
Davidson, founder and CEO of Central South, Inc., made the
unprecedented and milestone announcement today, which is effective
immediately.
Vicki
Mack-Lataillade, Claude Lataillade, and Rene Moore, will serve on
Central South’s Board of Directors along with Davidson, Chuck Adams,
co-founder and President of Central South, and Greg Davidson, the
company’s Vice-President of Finance. Central South is a privately held
and family owned business that has been based in Nashville, Tennessee,
since its’ inception in 1970. On top of being the #1 independent faith
based distributor, they rank #2 behind Sony/BMG/Provident/Integrity as
the leading distributor of faith based music in the US. Over the past
decade Central South built a chain of 90 retail stores that grossed
$100 million in volume, and has successfully crossed over its’ nearly
80% urban contemporary gospel and faith based music into major retail
chains like Wal-Mart, Target, and Best Buy. The Lataillade’s are
credited with birthing the most successful independent gospel label
ever, Gospo Centric Records, which along with several other companies
has generated over $100 million dollars. Vijay Chandran, President of
the Cauvery Group, Inc., arranged the financing for the acquisition.
The
groundbreaking alliance is not only a first in breaking racial
barriers, but it also marks the first time an African American woman,
Mack-Lataillade, and a recording artist, Moore, two of the industry’s
leading artist development and content providers, will have a primary
role with a leading distributor. The synergy of the principals is
designed to convert Central South into a vertically integrated entity
that can immediately monetize every aspect of consumer consumption for
both secular and non-secular music.
“The
paradigm for the way contemporary music is sold on the retail level is
in a constant state of flux and is extremely challenging at the
moment,” noted Davidson. “The merger with Lataillade Entertainment and
Ruff Town Entertainment Group is a natural progression for Central
South, and we’re confident that the vast experience and expertise of
our unparalleled management team will help us to further secure and
expand our dominant market share.”
“This
is really a dream come true opportunity,” remarked Vicki
Mack-Lataillade. “We weren’t able to truly control or influence our
distribution model with our previous record labels. Our relationship
with Central South gives us a chance to be more than just aggregators
of content. We’ll be able to fully exploit and utilize our creativity
and marketing savvy, and offer artists a full range of services, from
coaching and helping them realize and fulfill their musical vision, to
formulating effective business/marketing strategies for their product.
Artists will have the opportunity to make not only music products
available, but music related products as well.”
“We
share a common vision with Central South of maintaining our independent
spirit, staying streamlined, and seeking viable partnerships with other
companies that will help us grow a multi-media distribution platform
for a wide range of faith based and secular products including, CD’s,
DVD’s, to potentially developing/distributing original television and
film programs, infused Claude Lataillade. “We also intend to take an
aggressive posture in expanding and developing our digital strategy,
and our roles as creators/providers and distributors of digital
content.”
For more information on Central South Distribution, please visit their official website: http://www.centralsouthdistribution.com
“Our
vision for Central South is to appeal and attract
songwriters/producers, artists, labels, that will appreciate
collaborating with a seasoned team of veterans that integrate keen
artistic sensibility with proven business acumen,” stated Rene Moore.
“We’re in the very unique position of creating a label/distribution
template that’s a first on every level, and I’m excited and thrilled to
be part of a partnership and company that ultimately can become a haven
and nurturing place for talented artists from all music genres.”
Vicki
Mack Lataillade has arguably been one of the most influential and
seminal figures in contemporary gospel music for the past 30 years.
Along with her husband Claude, they built the most successful
independent gospel label in history with Gospo Centric Records, the
imprint they formed in 1993, and B-Rite Music, which was form in 1994.
In a 13-year span Gospo Centric broke every imaginable gospel music
sales record, amassing over 100 million in record sales, grossing $56
million, and in a three year stretch, 1998 – 2000, the label owned 30%
of the market share of all gospel sales and was either the #1 or #2
gospel label in the industry. They built a diverse and commercially
viable artist roster taking a chance with gospel/hip hop/rapper Kirk
Franklin, Kurt Carr and the Kurt Carr Singers, Tramaine Hawkins, Byron
Cage, David Hollister, Kelly Price, Reggae legend Papa San, and
Trin-I-tee 5:7, to name just a few. Franklin alone sold over 10 million
records, a half dozen releases which were double-platinum, and
Trin-I-tee 5:7 was the first all female gospel group to sell over
500,000. In 2004, they sold the label to
Zomba/BMG.
Over
the past several years, Vicki, CEO, and Claude, CFO, refocused their
energies to build and manage a wide spectrum of entertainment
properties under the banner of Lataillade Entertainment, which include
Mack Entertainment, a record label, Lilly Mack Publishing, (gospel
music’s #1 music publishing company) a couple of the television
series/properties, “The Lilly Mack Sing-A-Long,” and “ Soulaughable,” a
comedy/variety show on The Word Network, and Muscapes, an entity that
serves as a digital arm for all its’ products.
Rene
Moore has enjoyed a distinguished career as a prolific
songwriter/producer/artist, and business entrepreneur. In his early
years he played and performed with the Los Angeles Philharmonic
Orchestra under the direction of Zubin Mehta, but is most noted for his
starring role in Rene & Angela, considered one of the most
influential duets in the history of R&B and hip hop music. In the
late eighties, the duo scored a series of classic hits, including, “You
Don’t Have To Cry,” “Your Smile,” “Save Your Love,” which was a #1 hit,
and featured a guest rapper throughout the record, which marked the
first time the technique was employed on a major release, and has
since, become a staple and vital part of many of contemporary pop
music’s biggest hits. Moore also enjoyed a decade of writing and
producing with the late Michael Jackson, and received a Grammy
nomination for “Song Of The Year,” for “Jam” which he penned for the
King of Pop. His thriving career as songwriter/producer also includes
penning songs for Janet Jackson,
Jay
Z, Notorious B.I.G., The Isley Brothers, Foxy Brown, David Hasselhoff,
the Pointer Sisters, and many more. Moore launched the Ruff Town
Entertainment Group in 1997 with radio mogul Kevin Wagner and rapper JT
Money. The company includes a burgeoning record label and a fertile and
highly successful publishing company.
Central
South’s primary offices will remain in Nashville, and President Chuck
Adams is extremely optimistic about the company’s future, “We’ve always
tried to manage our business with insight, and foresight. Combining our
track record with the incredible creative and marketing genius of
Vicki, Claude, and Rene gives us chance to rewrite yet another chapter
in our company’s success story, and unequivocally, we’re going to be a
force to be reckoned with.”




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