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Max Media Group, Inc. Expands Subscriber Network to 15mm+; Closes Acquisition of www.BB2Live.com and Related Assets


News provided by

Max Media Group, Inc.

Jun 06, 2011, 07:48 ET

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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.

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