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Diablo dances higher on Disc Kiosk deal - ShareCast

Tue 24 Jan 2006 DBLO - Diablo Group Latest Prices Name Price % Diablo Group 10.00p 0.00% FTSE AIM All-Share 1,124 0.00% Media 3,809 0.00% LONDON (SHARECAST) - Independent record label Diablo played all the right tunes today after it announced the signing of contracts with The Disc Kiosk Ltd to become a Sales agent for its CD on demand services worldwide. The Technology employed by The Disc Kiosk allows record Companies to maximise revenues from old and deleted titles by making them available to customers online. The CDs are then produced to order, thus removing the need for costly pressing and storage, and mailed direct to the customer. The AIM-listed outfit said it will be working in partnership with The Disc Kiosk to expand the business and client list. This already includes Universal Music Group who have around 1,000 deleted titles with The Disc Kiosk, which have been selling for 18 months. Diablo will be looking to attract additional record labels of all sizes, from the UK and internationally, to add their catalogues to The Disc Kiosk and will benefit from commissions on a per unit basis of CDs sold by The Disk Kiosk from catalogues introduced by the - More available

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