Mack Entertainment Music Group

 Mack Entertainment Music Group is an independent label music production and movie and video production company. Our home office location is in the Brooklyn, New York, metropolitan area. The firm is a limited liability company. The owner is Kenneth Mack. Our main revenue generator is movie production and distribution. In our first year alone, we envision producing and releasing two movies, “Bully” and “Bushwick,” both of which are dramas with roots in real life and historical happenings. The secondary revenue generator is our distributed music content created by our independent musical artists. Mack Entertainment Music Group produces and distributes quality music to specific target markets. A final revenue generator is our numerous complementary and supplementary music and movie products and services. The team is strong Alex Merkin Has 9 Movies Under his belt. Platinum Producer DJ Peter Panic  JAY Z Reasonable Doubts just to name a few  The independent music label and movie and video production industries have evolved into a portfolio business. This means independent record labels and movie production companies need to offer a wide variety of music and movie content to best appeal to an extensive assortment of tastes. To accomplish this Herculean feat, independent record labels and movie and video production companies must be able to systematically find talented music artists as well as create engaging movie content to best exploit market opportunities 

   The target audience for Mack Entertainment Music Group’s music content will be college students who appreciate a wide variety of quality music offered through numerous distribution channels. As for our movie content target market, it will depend on the movie or video. In some instances, movie content may be focused on educating our audiences about experiences in hopes of teaching valuable life lessons like the effect and challenges of bullying. In other instances, our movie content may be focused on movie goers enjoying crime drama content The financial projections are based on market research and empirical examination of the independent label music productions and movie and video productions in the US industries. For the first year, we project revenues of approximately $21,204,396. The estimated expenses will be $9,696,198. After taxes, we expect a net profit of $9,206,559. This leads to a profit margin of approximately 43.42%. To start servicing our artists and music/video customers.

 Funding of $20 million in debt and or equity from a lending institution or equity investor is needed. Terms for an equity or debt position are negotiable. Debt funding is anticipated to have a term of 7 to 10 years with an interest rate between 5% to 7%. Principal and interest payments will be made monthly, using cash flows from the organization. For an equity position, the percentage of ownership in the company will be negotiated between the current owner and investor(s). Investors will be compensated through dividend payments The starting cash balance needed is $5,000,000 for working capital. A cash account was used to balance assets with liabilities and equity 

Thank You Kenneth Mack          Mack Entertainment Music Group