04:01 p.m Nov 25, 1997 Eastern

LOS ANGELES--(ENTERTAINMENT WIRE)--Nov. 25, 1997--

Modern Records announces extensive coverage on CNN worldwide, Showbiz Today and Hollywood Minute will feature Jeffrey Osborne's new Christmas Album "Something Warm For Christmas"

Modern Records (VSE: MZR.V: OTC Bulletin Board: MDNR) announces extensive coverage on CNN's world wide Showbiz Today and Hollywood Minute for the new Christmas Album "Something Warm For Christmas" on the Modern Records label. The coverage will start on US Thanksgiving, Nov 27th and will go on until Christmas. It will feature Jeffrey Osborne and Modern Records, promoting the album as a buy for the public for Christmas.

Randy Jackson, President of Modern Records, says; "We believe this is a major marketing breakthrough for Modern Records and the Osborne album and it increases the sales potential for the album tremendously". CNN has covered albums previously. In fact, one of the most successful Classical albums in the world right now "Romanza" by Andrea Bocelli is covered under the CNN network. This coverage has helped to increase the sales of the album significantly.

The Board of Directors has also reviewed the catalogue of Modern Records and has started the preparation for a box CD Greatest Hits with Stevie Nicks who is currently on a successful North American tour with Fleetwood Mac. Evaluation of other artists and albums on the label such as Natalie Cole and Boy on a Dolphin is being reviewed and decisions on any releases with these assets will be announced as soon they have been made.

ON BEHALF OF THE BOARD "Randy Jackson"
President (See also: http://www.businesswire.com)

Copyright 1997, Business Wire