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MISSON STATEMENT The mission of Chioma Records is to become a regional leader in the release of high quality sounding recording albums in rap/hip-hop, rock ‘n’ roll, R&B, and gospel. The company seeks to realize the mission through scouting and signing talented musical artists, producing very high quality music albums, and creatively promoting, marketing, and distributing our albums. Chioma Records will place great emphasis on offering high quality sound music recordings at very competitive and affordable prices to its consumers. The company aspires to establish a reputation in the sound recording marketplace by undertaking high quality recordings, and the acceptability of its sound recording music albums across different generations, from teenagers and generation Xers to baby boomers.
COMPANY OVERVIEW Chioma Records is a limited liability company incorporated in 2001 as an independent commercial recording company. Its principal offices are located in Akron, Ohio. The company’s strategic business goal is to offer a menu of services which include:
- Scouting and signing budding artists and other musical talents
- Developing and producing these artists in rap/hip-hop, R&B, rock ‘n’ roll and gospel music genres.
- Supervising, negotiating, and arranging technical details involved in label deals and the production of sound recordings.
- Promoting, marketing, and distributing its music labels and other brand name merchandise in Northeast Ohio, as well as the Midwest regions of the country.
A) Music/Artist development B) College Tours Promotions C) College Radio D) Club promotions E) Music/Merchandise ONLINE SALES.
Chioma Records’ strategic vision is to target and capture at least ten percent of the music consuming market in the Great Lake Region (Ohio, Michigan, and Pennsylvania) within the next three years, and become a significant player in this business within the next five years. To achieve this vision, the company has strategically allied itself with two specialty companies in artist management (Chiedo Artist Management, Inc.) and music publishing (Ronnie/Cherio Music Publishing, Inc.).
Long term business goals include producing a line of brand name merchandise and gear such as T-shirts, ball and fashion caps, belt buckles, lapel pins, duffel bags, sweatshirts and windshirts.
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