 In 1992, Pacific Arts began releasing promotional material on the then-upcoming video, "Michael Nesmith Live at the Britt Festival".With the release, Nesmith alludes to the growing number of subsidiaries, listing the distribution of the video as a Pacific Arts subsidiary named "One of the Nesmith Enterprises".On the release of Nesmith's album "The Garden" in 1994, he introduced his current record company, Rio Records.