TARPON SPRINGS, Fla.,
June 6, 2011 /PRNewswire/ -- Max
Media Group, Inc. (Pink Sheets: MXMI), announced today that it has
closed the acquisition of the assets of www.BB2Live.com ("BB2") and
the company's technology applications including Internet Protocol
Television (IPTV), Internet Radio, VOIP, and SMS text
messaging.
The closing also includes the acquisition of BB2's film and
music library, BB2's approximate 15 million subscribers and
BlackBook2.com (includes a complete social networking site as well
as numerous unique URLs for future development).
Max Media will immediately begin evolving the social networking
site into the most unique community driven social network on the
internet. The social network will offer affinity driven and user
demanded services including email, live internet video exchange,
video web chat, music streaming, movie streaming, video online
telephony, conference calling, SMS texting and coupon cell phone
delivery. Additionally, the Company will deploy a multitude of
platforms which can be customized for any company, advertiser or
end user. These technologies will allow Max Media to have a
presence in every industry.
The social network will be driven by the Max Media network of
properties (internet, radio, etc.), 15mm+ subscribers, film
library, music library and an array of newly acquired
technologies.
James Grady President & CEO
of Max Media Group, Inc. stated, "This acquisition uniquely
positions us to capitalize on the growing trend towards social
networking and social marketing. As the world searches for new ways
to socialize and communicate globally with like minded individuals,
marketers are scrambling to capitalize on their every like, desire
or need with products, services or information. We have the
services, products, resources and tools to be growing squarely in
the middle of this expanding market."
Grady continued, "Our film and music library will become an
immediate opportunity for increased revenues. Driving traffic and
usage to the libraries from both the subscriber base and new users
will be an initial focus. Additionally, we plan to initiate the
coupon cell phone delivery technology to capitalize on the current
demand in the marketplace for the Groupon and Deal of the Day
coupon models."
"We are extremely excited to bring our technologies and
innovations to Max Media. Our vast resources coupled with
their vision and mission sets Max Media up to be a leader in the
internet marketing and content delivery space," stated Amy Nalewaik
Co-Founder of BB2Live.
About Max Media Group, Inc.
Max Media is a leading developer of providing monetized content
to high-end, high impact social-based online community markets. As
the internet's content models shift in 2011 and beyond, Max Media's
portals will enable the general public to create and organize their
own news and information; anyone anywhere can upload breaking news
stories and high end luxury items for sale by text, photo or video
through cell phones, mobile devices on the Max Media Groups
websites.
Max Media Group, Inc. operates a growing network of web sites
including www.babelation.com, www.hotautoweb.com, www.hotrvweb.com,
www.hotboatweb.com and www.hotcharityweb.com among others.
Additionally, the Company owns the Maximum Motoring Radio Show
(http://www.maximummotoring.com).
Safe Harbor Statement
Matters discussed in this press release contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. When used in this press release, the words
"anticipate," "believe," "estimate," "may," "intend," "expect" and
similar expressions identify such forward-looking statements.
Actual results, performance or achievements could differ materially
from those contemplated, expressed or implied by the
forward-looking statements contained herein. These forward-looking
statements are based largely on the expectations of the Company and
are subject to a number of risks and uncertainties. These include,
but are not limited to: the impact of economic, competitive and
other factors affecting the Company and its operations, markets,
product, and distributor performance.
Max Media Group Contact : Jim
Grady 877-243-9327
SOURCE Max Media Group, Inc.
