-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HD4PaOAUc8r93NSxH8vrSvfwcAjrUpJcUNPhDIDd7f7+9vtNMGoM/2QJKTbCxnwx rBINJBy+IVLhzHhu/MgI7w== 0001116502-01-000015.txt : 20010122 0001116502-01-000015.hdr.sgml : 20010122 ACCESSION NUMBER: 0001116502-01-000015 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010105 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010105 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SINGING MACHINE CO INC CENTRAL INDEX KEY: 0000923601 STANDARD INDUSTRIAL CLASSIFICATION: PHONOGRAPH RECORDS & PRERECORDED AUDIO TAPES & DISKS [3652] IRS NUMBER: 953795478 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-24968 FILM NUMBER: 1502195 BUSINESS ADDRESS: STREET 1: 6601 LYONS ROAD STREET 2: BLDG A-7 CITY: COCONUT CREEK STATE: FL ZIP: 33073 BUSINESS PHONE: 9545961000 MAIL ADDRESS: STREET 1: 6601 LYONS ROAD BLDG CITY: COCONUT CREEK STATE: FL ZIP: 33073 8-K 1 0001.txt CURRENT REPORT SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 January 5, 2001 Date of Report (Date of Earliest Event Reported) The Singing Machine Company, Inc. -------------------------------- (Exact Name of Registrant as Specified in its Charter) Delaware -------- (State or other jurisdiction of incorporation) 000-24968 95-3795478 - -------------- --------------- (Commission (IRS Employer File Number) Identification Number) 6601 Lyons Road, Bldg. A-7 Coconut Creek, FL 33073 - ----------------- ----------- (Address of principal executive offices) (Zip Code) (954) 596-1000 -------------- Registrant's telephone number, including area code ITEM 5. OTHER EVENTS The Singing Machine Company, Inc. issued a press release today announcing that it has entered into a multi-year, domestic merchandise license agreement with MTV, a copy of which is attached hereto as Exhibit 99.1. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits 99.1 Press Release dated January 5, 2001 regarding The Singing Machine's license agreement with MTV SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized. THE SINGING MACHINE COMPANY, INC. Date: January 5, 2001 By: /s/ Edward Steele -------------------------- Chief Executive Officer, President and Director 2 EXHIBIT INDEX Exhibit Number Description - ------ ----------- 99.1 Press Release dated January 5, 2000 regarding The Singing Machine's license agreement with MTV 3 EX-99.1 2 0002.txt PRESS RELEASE Agency Contact: Singing Machine Contact: Neil Berkman John Klecha Berkman Associates COO (310) 277-5162 (954) 596 - 1000 MTV Contact: Irene Fu (212) 258-8762 FOR IMMEDIATE RELEASE The Singing Machine Company Signs License Agreement With MTV Singing Machine Will Produce Line of MTV-Branded Karaoke Equipment and Related CDs Coconut Creek, Florida, January 5, 2001 -- The Singing Machine Company (OTC:SING), a leading manufacturer and distributor of electronic karaoke equipment and related audio software, announced today that it has signed a multi-year, domestic merchandise license agreement with MTV to create the first line of MTV Karaoke Machines and compact disks with graphics (CD+G) featuring music for MTV's core audience. "Singing Machine is thrilled to partner with MTV in this exciting new project. Teaming with a multidimensional youth brand like MTV is a terrific opportunity for Singing Machine to capture the imagination of music-oriented consumers and increase awareness of our karaoke hardware and software for home use. MTV's presence provides an enviable platform for Singing Machine to launch several very compelling new products in the U.S. marketplace," said John Klecha, Chief Operating Officer of Singing Machine. Heidi Eskenazi, Vice President, Licensing and Merchandising, MTV, said, "We are very pleased to be working with Singing Machine to give our viewers a piece of MTV right in their own homes. Our on-air show 'Say What Karaoke' continues to be a hit with our audience, and we believe that the MTV Karaoke Machine will be a fun and entertaining product for our viewers." Under the agreement, Singing Machine will produce two MTV-branded products: a large format karaoke machine with a built in, fully functional television that enables users to view song lyrics; and a smaller karaoke system that connects to a television. Singing Machine also will produce exclusive CD+Gs featuring music catering to MTV's core audience that will be distributed with the MTV-branded karaoke machines. (more) The Singing Machine Company Signs License Agreement With MTV January 5, 2001 Page Two Klecha added, "We plan to distribute the MTV-licensed products through Singing Machine's established distribution channels, including Best Buy, Costco, Toys R Us, JC Penny, Sears, Mars, Musicland, and Sam's Club. This high-profile distribution network also may be expanded to include online-only retailers. Our alliance with MTV is a key to our strategy to bring Singing Machine's exciting products to large new markets." MTV will unveil its first extensive electronic music line on January 6 in Las Vegas, Nevada at the 2001 Consumer Electronics Show. MTV Karaoke Machines should be available in stores beginning in Spring 2001. About MTV Networks MTV Networks, a unit of Viacom International Inc. (NYSE:VIA,VIA.B), owns and operates the following television services -- MTV: MUSIC TELEVISION, MTV2, VH1, NICKELODEON/NICK at NITE, TV LAND, CMT, TNN and the DIGITAL SUITE FROM MTV NETWORKS, a package of nine digital services, all of which are trademarks of MTV Networks. MTV Networks also has licensing agreements, joint ventures, and syndication deals whereby all of its programming services can be seen worldwide. In addition, MTV Networks operates the MTVi Group and Nickelodeon Online, a portfolio of leading Internet properties built to address every interest of today's music fan and Internet-savvy kid. About The Singing Machine Company The Singing Machine Company, Inc. () engages in the production and distribution of a full line of consumer-oriented karaoke machines, including CD+Graphics machines, as well as CD+G and audio karaoke music. This news release contains forward-looking statements. Such statements reflect the current views of the company with respect to future events and are subject to certain risks, uncertainties, and assumptions. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual future results or events may vary materially from those described herein. * * * * * * -----END PRIVACY-ENHANCED MESSAGE-----