Parent company of ESMG Inc., Primco Management, a fully integrated multi-media entertainment company that includes its music label ES Music, stated the closing and full funding of acquisition of Top Sail Productions. Top Sail is a music production company and record label with a multi-year United States distribution deal through WEA, a Warner Music Group Company. Music industry veteran Chuck Gullo, principal of Top Sail Productions, will continue on as a Senior Executive Consultant in order to assist in the management and operations of Top Sail Productions.
Since founding in 1999, Top Sail Productions has created a decade relevant CD series in partnership with well-known entertainment icon, Casey Kasem. Each CD in the Top 10 hits driven compilation series. Sales from the Casey Kasem compilation series have well exceeded two million units which totals to about $20 million in overall revenue. Chuck Gullo, whom will be staying on to assist with the project and the ESMG and PRIMCO teams will be reporting to David Michery, President and CEO of Primco Management Inc. Top Sail Productions is currently preparing for the launch of the "America's Top Ten Hits" concert series and a new debuting series titled " The Artist Series", which is currently in development stages.
By aligning ESMusic with Top Sail Production and WEA/ Warner Music Group, the merger will strengthen ESMusics overall presence in the music industry. ESMusic will be able to continue confidently expanding its music operations and in addition be able to provide the United States exposure its artists seek through the reach of being apart of the WEA Distribution family, a Warner Music Group Company. Chuck Gullo and David Michery, along with their strong team of entertainment executives, the staff at WEA Distribution, and a winning strategy, will make for a remarkable combination that will lead profitable music production goals and meet national distribution needs.
"I am very excited and pleased to be part of the new ESMG/PRIMCO family. I have worked with David Michery for many years. We have enjoyed some great success together in the industry and I expect that to continue with this new and exciting venture. We bring an established and innovative music catalog and product stream to ESMusic, as well as a proven and highly successful music management team. I look forward to continuing to work with WEA/Warner Music Group's top management to maximize revenues and profits from the combined music distribution of Top Sail and ESMusic artists," commented Chuck Gullo, President and CEO of Top Sail Productions.
"We warmly welcome music entrepreneur and longtime friend Chuck Gullo into the ESMG Music family and know that the combination of our respective music expertise and teams, with their veteran expertise, will result in a highly successful and mutually rewarding relationship. We look forward to working with Top Sail Productions to ramp up the production and marketing of the "America's Top Ten Hits" brand and distribute new and commercially attractive music for many years to come," stated Primco Management's President and CEO, David Michery.
For more information, visit esmgusa.com
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