AMU quite rightly appears to be developing a small following, hence I have updated the header with a 'carrot' and the charts.

PTH

UK smallcap opening - Air Music & Media gains on Investors Chronicle tip
AFX


LONDON (AFX) - Buyers came for Air Music & Media, 1.13 ahead at 7.75 pence, after the Investors Chronicle advised readers to 'buy'.

With trading looking strong at the music distributor, and a share price target of 13 pence from broker Seymour Pierce, the shares look oversold, the IC concluded.

+4.35% rise in last week, with results on the 12th does the city now consider this share undervalued???

This information is provided by RNS
The company news service from the London Stock Exchange

Air Music & Media Group PLC
12 December 2005


12 DECEMBER 2005

AIR MUSIC & MEDIA GROUP PLC
("AIR GROUP" or "THE COMPANY")

INTERIM RESULTS FOR THE SIX MONTH PERIOD
ENDED 30 SEPTEMBER 2005

The Board of Air Group, the UK distributor of home entertainment products, is
pleased to announce its Interim Results for the six months ended 30 September
2005.

HIGHLIGHTS:

280% increase in turnover for the period compared with the same period
last year;

41% increase in profit before taxation, goodwill amortisation and
exceptional charges;

Exit from loss-making Hollywood DVD subsidiary;

Streamlined and rationalised Head Office that will result in reduced
overheads and increased efficiency; and

Core business is now well-placed to enhance profitability.

John French, Chairman of Air Group said: "The core business is now well-placed
to enhance profitability by expanding its customer base and product offering. In
addition, the Board will continue to evaluate strategic acquisition
opportunities as they arise."

Enquiries:

Air Music & Media Group plc
Alex Sorrell, Finance Director Tel: 01772 455 000

Bishopsgate Communications Ltd. Tel: 020 7430 1600
Maxine Barnes Mobile: 07860 489 571
Nick Rome Mobile: 07748 325 236



CHAIRMAN'S STATEMENT

I am pleased to announce the interim results for the six months to 30 September
2005.

Results
Turnover for the period grew by 280% to 29.8 million, with operating profit
before goodwill amortisation of 863,000 and exceptional items of 1,364,000
increasing by 76% to 1,300,000. Interest payable during the period was 314,000
resulting in a loss before tax of 1,241,000. Profit before taxation, goodwill
amortisation and exceptional charges was 41% higher at 986,000. Basic loss per
share for the period was 0.30p whilst normalised earnings per share (after
adjusting for goodwill amortisation and exceptional charges) was 0.14p.

This trading period incorporates the costs associated with the strategic review,
announced in July 2005, which has seen a number of changes for the Air Group.
The following is a summary of the key areas:

The Air Group exited its loss making Hollywood DVD subsidiary and placed
the company in the hands of administrators.
During the past six months the Board has also been rationalised with a
number of Board changes resulting in a smaller but clearly focused Executive
Board, and
The corporate, distribution, IT and finance functions that were
historically attached to the Head Office in Berkhamsted have been
incorporated into the distribution business in Leyland, creating centralised
functions servicing all the UK businesses within the Air Group. There are
overhead savings created by the centralisation of the distribution and
finance functions that will benefit the Air Group during the next full
financial year.


Current Trading
The Air Group's current operations fall into two clear areas; distribution and
publishing. Our distribution business, predominantly Music Box Leisure ("MBL"),
has performed to our expectations since acquisition. Our publishing division has
been under pressure in the UK, with CD publishing sales showing a decline of 12%
and DVD publishing sales falling 76%. However, Legacy, our North American
business, has shown sales growth of 3%.

It is the Board's intention to focus its efforts on the proven distribution
model of the MBL business, with the publishing division providing proprietary
goods for MBL and seeking to develop the DVD publishing operation concentrating
on more profitable niche market areas. In September 2005 the Air Group acquired
Maximum Entertainment, which licenses a portfolio of children's DVD titles
including Transformers, Care Bears and Action Man.


Outlook
Following the strategic review, the core business is now well-placed to enhance
profitability by expanding its customer base and product offering. In addition,
the Board will continue to evaluate strategic acquisition opportunities as they
arise. We are currently in our most critical period of the year, with the
Christmas trading quarter anticipated to account for almost 30% of annual sales.
Even in early December it still remains difficult to assess how successful
retail activity will be this Christmas and the Board retains a cautious view on
Christmas trading.

Continuing with the rationalisation of the Board, Nick Fisher, currently a
non-executive director, has elected to step down from the Board with immediate
effect. Jan Beer, currently an executive director, has also announced her
intention to step down from the Board to focus on the further development of
MBL.

I have been Non-Executive Chairman of the Group since 2001, helping the Company
move from a private concern to the OFEX market and then to the AIM market in
2002. However, due to an increased workload with my other companies I feel that
this is an appropriate time for me to announce my intention to step down as
Non-Executive Chairman. I will stay in place until the Board identifies a
suitable replacement. I have enjoyed working with the team at Air Group and wish
them well for the future.

John French
Chairman
09 December 2005



This information is provided by RNS
The company news service from the London Stock Exchange

Air Music & Media Group PLC
03 January 2006


Air Music and Media Group plc
("Air Group" or the "Company")

Notice of EGM

Air Group, the UK distributor of home entertainment products, has posted to
shareholders a notice convening an extraordinary general meeting on 27 January
2006.

The resolutions to be tabled at the EGM propose to authorise the directors to
allot ordinary shares of 2.5 pence in the capital of the Company, to authorise
the Company to buy back up to a certain number of ordinary shares and to
consolidate every 30 issued and unissued Ordinary Shares into one ordinary share
of 75 pence.

Copies of the notice of EGM are available from the offices of Air Group at Unit
9, Lancashire Enterprise Business Park, Centurion Way, Leyland, Lancashire, PR26
6TZ.



This information is provided by RNS
The company news service from the London Stock Exchange

Anyone going to the EGM?

SP rose 35% today with the below news, will it continue to do so??? Price is very cheap at the moment but I expect this to change..


Air Music & Media Group PLC
25 January 2006

FOR IMMEDIATE RELEASE 25 JANUARY 2006


Air Music & Media Group plc
("Air Group" or "the Group")

TRADING UPDATE
Trading in line with expectations

The Board of Air Group, the UK distributor of home entertainment products,
provides shareholders today with a Trading Update.

HIGHLIGHTS:

Christmas sales in line with management expectations;
Confidence in full year results meeting market expectations;
Successful centralisation of UK distribution - anticipated to generate
future overhead savings;
Pilot scheme of retail outlets for Air Group's product range;
Exclusive supply arrangement with Universal Music for selected products;
Group remained comfortably within its banking facilities; and
EGM called for 27 January 2006.

Sales in the critical Christmas trading period were in line with management
expectations. Trading performance in January 2006 has also performed well and,
accordingly, the Directors remain confident that the full year results will meet
market expectations.

The caution the Board expressed in mid-December, regarding the performance of
retail activity, proved relatively unfounded. Sales for the Group were 26.4
million in the quarter to 31 December 2005, compared to 26.1 million on a
comparable basis in the quarter to 31 December 2004. The activity in the
Christmas trading period gives the Board confidence in achieving sales of
between 68-70 million for the year ending 31 March 2006.

The Group completed the successful centralisation of UK distribution through its
100,000 square foot facility in Leyland, during the busiest period of the year
with no disruption to operations. This is anticipated to generate overhead
savings in the next financial year. In addition, in November the Group commenced
a pilot scheme of introducing retail outlets on a discount/value theme selling
from the Group's existing product range. The Group operated six stores in the
North East of England which generated 0.9 million in sales to 31 December 2005.

The Group has recently entered into an exclusive supply arrangement giving it
access to selected Universal Music budget releases which are produced by
Universal exclusively for the Group. These releases, which appear under the
Group's own-label 'United', raise the overall quality of the Group's own-label
products which previously were restricted to superbudget repertoire.

The Group remained comfortably within its banking facilities during the peak
working capital period, and continued to meet scheduled borrowing repayments.
The Directors acknowledge the low market valuation currently placed on the Group
and in the current situation are not pursuing new acquisition opportunities that
would involve the further issue of shares. The Directors are considering
accelerating the repayment of debt during 2006.

The Company has called an EGM for 27 January 2006 at which time the Board will
seek consent for amongst other things a share consolidation and the authority to
buy back Company shares.

--ENDS--

Enquiries:

AIR MUSIC & MEDIA GROUP PLC
John French, Chairman Tel: 078 3672 2482
Alex Sorrell, Finance Director Tel: 01772 455 000

BISHOPSGATE COMMUNICATIONS LIMITED Tel: 020 7430 1600
Dominic Barretto
Maxine Barnes

Cool ! wished I'd topped up these a few days ago when I went into something else..I thought these were going to stay bombed out... still, at least it's good news at last... onwards and upwards !

Skyhigh - Yeah, I bought a few last week and debated over the weekend buying more at the current crazy price.... Always had this will AMU go bust in the back of my head though. The RNS above clearly indicates the company isn't in any difficulty and loooking forward to a move back into happier days!!

Air Music & Media Group PLC
27 January 2006

FOR IMMEDIATE RELEASE 27 JANUARY 2006

Air Music & Media Group plc
("Air Group")

RESULT OF EGM


The Board of Air Group announces that at the Company's Extraordinary General
Meeting held earlier today, all the resolutions were duly passed.

Following the EGM, the Company's ordinary shares of 2.5p each will be
consolidated on a 1 for 30 basis into ordinary shares with a nominal value of
75p each, which are expected to commence trading on AIM on Monday 30 January
2006.

John French, Chairman of Air Group, commented: "We are pleased that all
resolutions have been passed and we hope to maintain the faith of our
shareholders with full year results that will meet market expectations. Despite
the caution we expressed in mid-December, sales in the critical Christmas
trading period were in line with management expectations, and trading in January
2006 has also performed well.

"The Group has successfully centralised UK distribution and as a result expects
to generate future overhead savings. It has also entered into an exclusive
supply arrangement giving it access to selected Universal Music budget releases
which are produced by Universal exclusively for the Group.

"These factors give the Board confidence in achieving sales of between
68million and 70million for the year ending 31 March 2006."

--ENDS--

Enquiries:

AIR MUSIC&MEDIA GROUP PLC
John French, Chairman Tel: 078 3672 2482

BISHOPSGATE COMMUNICATIONS LIMITED Tel: 020 7430 1600
Dominic Barretto
Nick Rome

Good stuff... expected to see another rise in the SP.... maybe have to wait a bit..

Yeah I expect so, the 1 for 30 shares should help with a decrease in supply.... Anyway bought a very small number of shares today to round off with the 1 for 30 happening in a few days..

SP fall yet again, I wonder if this is a tactic being used by AMU for its buy back? If so at what price, anyone, any ideas?

And after a long snooze the share begins to awake!!! Last Saturday when I was shopping for a playstation game for my nephew I noticed that Transformers The Movie was being sold in "UDI" format (the little dvd disc for the psp). I wondered do these disc sales generate AMU profit?

Down 54% now, everybody seams to have left the thread and sold out. :-((

I am sticking with this though, turnover is good, profit could be better but at least not a loss.... No reason for the sp to be so low!!

Air Music & Media Group PLC
31 March 2006

31 MARCH 2006


Air Music & Media Group plc

("Air Group" or "the Group")

BOARD REORGANISATION

Air Group, the UK distributor of home entertainment products, announces today a
reorganisation of the Group's Board structure, to create a more focused
approach, which will come into effect on 3 April 2006.

The Board is pleased to announce the appointment of Mark Frey as Non-Executive
Chairman (formerly Joint CEO), Trevor Allan as CEO (formerly Joint CEO) and John
French as Non-Executive Director (formerly Non-Executive Chairman) of Air Group,
effective from 3 April 2006.

Mark Frey, will become Non-Executive Chairman, having held the position of Joint
CEO. Mark is a founding director of Air Group, where he has focused on
acquisitions and product development, and brings with him a demonstrable 20 year
track record in the sector. Mark will communicate the Group's strategy
differentials and investment strengths to both current and future investors.

Trevor Allan will take up the sole role of CEO. Trevor has held the role of
Joint Chief Executive since July 2005. He has more than 20 years of experience
in the business of selling music and DVD products.

Alex Sorrell's position remains unchanged and will continue as Finance Director.

Roger Putnam has notified the Board that he will be stepping down from his role
as Non-Executive Director on 30 June 2006. The Board would like to thank Roger
for his support and efforts to date, wish him well in the future, and will be
seeking a replacement Non-Executive Director in due course.

At the time of the Group's December Interims, the Company announced that it had
been advised by John French of his intention to step down as Non-Executive
Chairman. This will become effective from 3 April 2006. John French has agreed
to continue as a Non-Executive Director until 30 June 2006.

John French was appointed Non-Executive Chairman in November 2001 and was
responsible for leading the Group into the quoted company sector, including an
introduction to Ofex and subsequently to AIM. The Board has expressed their
appreciation of his contribution.

At the time of the Group's January Trading update, the Board announced that
Sales in the critical Christmas trading period were in line with management
expectations. Trading performance since January 2006 has continued in line with
management expectations and, accordingly, the Directors remain confident that
the full year results will meet market expectations.

--ENDS--

Bishopgate communications, what a laugh have yet to see anything from them....

Air Music & Media Group PLC
06 July 2006

6 JULY 2006


Air Music & Media Group plc
('Air Group')

Update re: Results Date


Following the recent appointment of Mr. Peter Cowgill, as Non Executive
Chairman, Air Group will be announcing its Final Results for the year ended 31
March 2006 on Thursday 10 August 2006.


--ENDS

Hope the results are worth waiting for... and... that if the results are good that the sp goes up and not down!

Ended up selling my shares, this company seams behind the times in everything its doing, no new contracts and technology is falling behind. Only one way the sp is going!!

Air Music & Media FY pretax pre-ex 4.8 mln stg vs 3.9 mln
AFX


LONDON (AFX) - Air Music & Media Group PLC reported profit before tax, exceptional items and goodwill of 4.8 mln stg for the full year to March 31, from 3.9 mln stg last time.

Sales rose to 72.3 mln stg, from 49.8 mln.

The company said the current financial year is on course to match that sales performance, based on first-quarter numbers, despite 'difficult' retail conditions.

Chairman Peter Cowgill said: 'The board believes that Air Group's core business is well placed to enhance profitability by expanding its customer base and product offering.'

Pretax earnings after goodwill and exceptionals came to 0.9 mln stg, against 0.8 mln a year before.

newsdesk@afxnews.com

abr

UK smallcap opening - Air Music & Media better in wake of yesterday's FY results
AFX


LONDON (AFX) - Buyers belatedly piled into Air Music & Media, 8-1/2 pence better at 81, in the wake of yesterday's solid full-year numbers and an upgrade by Seymour Pierce to 'outperform' from 'hold'.

Elsewhere, Granby Oil and Gas picked up 4-1/2, at 87-1/2 following news that the company is raising 9.0 mln stg before expenses in a placing to accelerate development and exploration programmes.

The oil and gas exploration and production company, with interests in the UK North Sea and the Philippines, is placing 10.7 mln ordinary shares at 84 pence per share with certain institutional and other investors, including directors.

newsdesk@afxnews.com

fjb/vjt



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