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Barna Research Validates A.G. Media Group's (AMGJ) Business Model
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Added: 03/15/2005
Type: Summary
Viewed: 1214 time(s)
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Barna Research Validates A.G. Media Group's (AMGJ) Business Model
Phoenix, AZ March 15, 2005 -- Christian Traders - http://christiantraders.com, the internet's fastest growing faith-based online investment community first alerted its members to A.G. Media Group last fall via their international radio show "Prosperity for God's People".
In a survey released yesterday, the Barna Group stated that the number of people who utilize Christian Media is substantially higher than those who actually attend Church. These statistics bode extremely well for AG Media Group which is a Christian media holding company. AG Media's flagship web property - http://gospelcity.com, one of the internet's most popular sites, receives over 12,000,000 hits per month.
Right on the heels of the Barna report, AG Media issued another blockbuster press release in what has become a virtual river of good news. Shareholders learned that Central South Distribution (CSD) has been selected to provide business to consumer fulfillment of sales made through AG Media's new online property, Vertical Noise. The agreement also provides for business-to-business distribution of A.G. Media's future proprietary music products through CSD's retail network of over 4,000 outlets.
``A.G. Media's proven expertise and leadership in marketing and positioning Christian content will make their online store a landmark financial success in this targeted niche,'' stated Chuck Adams, President, Central South Distribution.
Christian music sales currently account for nearly $1 Billion in U.S. sales alone, according to the Recording Industry Association of America; coupled with the upward trends of broadband access and online spending, A.G. Media is looking to capture a sizeable portion of this large market.
When asked to comment on this recent development, Christian Traders CEO - DeWayne Reeves offered the following; "I have to stop pinching myself, I look like I've been in the ring with Mike Tyson. I am so happy for our members, and all AMGJ shareholders. I have never seen a management team so dedicated to increasing shareholder value. Not only do they have one of the most unique and successful business models ever created, but they are doing the very thing that Jesus requested. They are taking the gospel to the ends of the earth"
Last week Mr. Reeves conducted an interview with Derek Sutherland, the gentleman who originally introduced him to AG Media. Listen to an audio archive of the interview by visiting http://christiantraders.com/amgj . Along with the interview you will find an in-depth profile of AG Media Group which includes both fundamental and technical information. Additional information regarding AG Media and Christian Traders is available at -
http://christiantraders.com/newsletter
http://christiantraders.com/amgjnewsletter
http://christiantraders.com/pressrelease
Other Company News
CMKM Diamonds Inc filed an 8K yesterday. Trading in CMKX was temporarily halted on March 3, 2005 but is expected to resume on March 17, 2005.
Christian Traders Inc. is not a registered securities firm. This press release is not a solicitation to purchase securities. CT is not a licensed securities broker or financial planner. Any information contained in this press release, at http://christiantraders.com , or on "Prosperity for God's People", is simply the opinion of this editor, CT, guests, columnists or members. Christian Traders does not accept cash, stock, warrants, or promises thereof, to select or profile any company. CT brings new meaning to the term - "Investor Relations Firm". He actually works for you, the investor or fund manager.
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