Small Business Resources, Business Advice and Forms from AllBusiness.com
Allbusiness Topics

Dream Street To Resurface With New Members

By Carla Hay, N.Y.
Publication: Billboard
Date: Friday, August 23 2002
Following the recent court resolution of a legal dispute, teen pop group Dream Street will resurface with new members and a new record deal, according to Louis Baldonieri, a partner in the group's New York-based management/production firm Dream Street Entertainment (DSE).

The New York State Supreme Court rejected a legal claim that was seeking to overturn a contract between members of Dream Street and DSE. In a decision made Aug. 7 by Justice Diane Lebedeff, the court ruled that DSE holds the rights to the Dream Street music group name and concept. The court also decided that former group members were not allowed to perform under the Dream Street name or any close variation of the moniker.

"One of the biggest misconceptions about this case is that this was a lawsuit, but there was never a lawsuit," Baldonieri tells Billboard.com. "The claim made was for the court to decide if our contract could be revoked, and the court decided in our favor." DSE had been in a legal dispute with the parents of Dream Street's underage teenage members Matthew Ballinger, Frank Galasso, Jesse McCartney, Gregory Raposo, and Christopher Trousdale. Among the charges brought by the parents were that DSE owed the members back pay and that DSE exposed the Dream Street members to alcohol and pornography.

Ballinger, Galasso, McCartney, and Raposo have since left the group, while Trousdale remains. Baldonieri says that DSE is planning to "recast new members in Dream Street. Because of all the legal hassles in dealing with minors, I'm wondering if we should just have new members that are 18 and over." The music executive says that although DSE is launching Trousdale as a solo act, "Chris has the option to still be an active part of Dream Street if he wants to be."

Dream Street's self-titled debut album on Edel Entertainment hit No. 1 last year on Billboard's Top Independent Albums chart. The album has sold 730,000 copies in the U.S., according to Nielsen SoundScan. Edel Entertainment (the U.S. division of German company Edel Music) went out of business earlier this year, but DSE's Baldonieri says, "Edel allowed us to purchase the Dream Street masters, so now we own the group's master recordings."

A Dream Street movie, "The Biggest Fan," starring Trousdale, is expected to hit theaters later this year, says Baldonieri. He adds that DSE is in discussions with Columbia to sign Dream Street and release "The Biggest Fan" soundtrack. Trousdale is featured on Columbia pop act Play's current single "I'm Gonna Make You Love Me."

"'The Biggest Fan' soundtrack will have four or five new Dream Street songs which were recorded before the breakup [of the original lineup]," Baldonieri reveals. A new Dream Street album is expected to be out next year.

In addition, make sure to read these articles:

  • Parents Of Dream Street Members Sue
  • The parents of the members of Dream Street have filed suit against the teen boy band's creators, alleging that their children were exposed to booze, ......
  • The Indies: Judge: No Thorns In Cleopatra's Rose
  • Guns N' Roses vocalist Axl Rose has been outgunned, legally speaking, by Los Angeles indie label Cleopatra Records.
  • Executive Turntable
  • Record Companies: Kevin Law is promoted to senior VP of A&R/staff producer for Universal Records in New York. He was VP of A&R/staff producer.
  • The House On Dream Street
  • An American journalist's low-key but affectionate account of her extended visits to Vietnam, beginning in the early 1990s, that reflect more personal than political reactions ......
  • Publisher sought
  • Animation house Dream Street Productions is looking for a publishing partner for its "Dream Street" television series.
  • Dream Street Files Suit Vs. Management Company
  • Four members of Edel boy band Dream Street, all under 18 years old, have filed legal proceedings against Dream Street Entertainment (DSE) and its principals ......
  • How Much Time Do You Spend Online?
  • Are you an internet addict? You can define addiction however you want, but if you are reading this, chances are pretty good that you spend ......
  • BMG Names New VP
  • BMG North America has named Jim Cooperman as VP of legal and business affairs.
  • It Happens Every Time
  • Tweens are already tuning in to boy—and we do mean boy—band Dream Street via Radio Disney, which added the debut single from these five squeaky-clean ......
  • Lightyear Taking Its Kids Beyond Broadway
  • During the course of five albums, children's act the Broadway Kids has sold more than 400,000 units for its WEA-distributed label, Lightyear Entertainment. While those ......
  • Some People, Some Other Place
  • You get a feel for the outline of the story here early on, when the narrator tells you that her tale is about the good ......
  • Esteban: Hsn's Hot Product
  • The classical/flamenco guitarist Esteban may not be a household name, but on the Home Shopping Network (HSN) he is a sales phenomenon.
  • Beautiful Soul
  • The industry buzz surrounding 17-year-old Jesse McCartney could drown out a Manhattan traffic jam.
  • I'm Gonna Make You Love Me
  • Top-40 radio may have all but abandoned youth pop, but savvy labels know that kids still have plenty of disposable income, and when the music ......
  • Sacramento Is National Focus For Annual Rebuilding...
  • Business & News Editors SACRAMENTO, Calif.--(BUSINESS WIRE)--April 25, 2001 National Director Of Rebuilding Together, Project Co-Sponsor, Picks Unique Sacramento Effort Out Of 770 Cities For ......