PALM HARBOR, Fla., April 27, 2010 (GLOBE NEWSWIRE) -- Max Media Group, Inc. (Pink Sheets:MXMI) is pleased to announced today that it has proven its business model, launched its marketing efforts and is now generating revenue from that model.
James Grady, President / CEO of Max Media Group, Inc., issued the following statement today, which reads as follows:
Our goal from the beginning has been to position the Company to capitalize on the next level of social networking -- revenue sharing on user-generated content. We are happy to say that all aspects (content, traffic, revenues) of our model are now in place and we are positioned to capture substantial future revenues from that model.
Our business model is producing results now -- there is no waiting for approvals or for this or for that to happen. We are generating revenues every minute, with every visitor to our network of web properties.
For a complete overview of our model, read: http://www.babelation.com/?q=node/676
To continue to "feed" and grow the Company's business model we need content, traffic and revenue from that traffic.
CONTENT
We are adding content literally by the second to our network of web properties. Our current and continued source of content:
- Hot Web Properties: The Hot Web properties are designed around a niche market such as classic and collectible cars. We then build a community around that niche market that includes news, articles and items for sale or auction (i.e. classic cars). The Company owns and operates numerous Hot Web properties (www.hotautoweb.com , www.hotboatweb.com, www.hotrvweb.com, www.hotplaneweb.com , www.hotcharityweb.com, www.hotcycleweb.com ) and is continuing to develop additional ones. The individual sites will acquire content through a) items listed for sale b) marketing partnerships with significant players within that niche market c) news, articles and blogs pertaining to that particular niche.
- Babelation: www.babelation.com is a Leading User-Generated News and Information distribution portal focused on the aggregation of content from authors, bloggers, expert reporters, students, news junkies and everyday people. It is "News by You for You".
Babelation's business model differentiates itself by including revenue sharing cash payments to content providers, who historically have submitted their content to social networks like YouTube, MySpace, Flickr and others without receiving compensation, basically working for free.
To the contrary, Babelation pays content producers and is a pioneer in the revenue sharing content market. Babelation pays a varying monthly rate of 10 - 25% to content producers. Babelation's portal enables the general public to create and organize their own news and information; anyone, anywhere, can upload breaking news stories by text, photo, or video, through cell phones, mobile devices, or Internet connection posted on the Babelation platform. (Note: the Babelation site is in constant development and revision to improve. Please visit regularly for new looks and features.)
- The Maximum Motoring Show ("MMS") - a radio show centered around anything motorized. The show has regular guest appearances from various individuals within the "motorized" industry. Recent guest have included Bob Lutz (Vice Chairman of General Motors) and Wayne Carini (host of Chasing Classic Cars on the Discovery Channel).
The Maximum Motoring Show continues to be heard on WTAN 1340 and 1350 AM in Tampa Bay, Florida, as well as on 880 KLRG in Little Rock, AR and 1520 in Eustis, FL. The show is also broadcast live on the Internet. The link can be accessed at www.maximummotoring.com. Max Media takes phone calls toll free at 866-826-1340 or 727-441-3000 during the show and emails at theguys@maximummotoring.com.
-Acquisitions and Partnerships: We are committed to growing exponentially and therefore additional acquisitions of niche web properties, along with marketing partnerships with other content owners is a priority. We are currently working on completing several acquisitions and joint marketing arrangements. As recently announced, we are expecting the closing shortly of www.smallcaptube.com, www.luxuryautodirect.com, and several marketing partnerships.
TRAFFIC
The Company is employing several marketing campaigns and techniques to maximize the impact of our efforts.
- A vast network - Bloggers, vbloggers, authors, students and everyday people creating content, re-populating content and then marketing the links to that content throughout their own network of "friends", contacts, address books, Twitter, FaceBook, MySpace, etc.
- Advertising campaigns - The Company conducts ad campaigns directed at driving traffic to the various items they have listed on their Hot Web properties.
- Marketing partnerships - MXMI is engaged with and will become further involved with marketing partners. These are companies who have traffic and content that wish to effectively maximize monetizing what they have.
- Our Current and Potential Shareholders: Our current and potential shareholders are and can be our most effective form of traffic generation. As a shareholder in the company, you have the unique opportunity to have a direct influence on how much money the Company generates. How many shareholders can say that? An interesting read on this concept was submitted to our Babelation.com site by one of our shareholders. It can be read here: http://www.babelation.com/content/why-social-networking-and-online-users-should-consider-owning-otc-mxmi
REVENUE
The revenue potential based on this model is substantial. One article submitted the other day was read by 140 people and generated approximately $33 worth of advertising payments from Google. Based on current ad rates (ad rates vary based on topic and keywords) and conditions, we estimate that 100,000 visitors a day amongst our portfolio of web properties would have the potential to generate $20,000 - $50,000 per day in advertising revenues.
The Internet ad market is estimated close to $20 billion a year and expected to double within seven years.
In closing, I would like to thank all our current shareholders for their support. We have invested several years into the development of our business model, which is now a full-blown revenue-generating model. We are excited for the future of the Company as we now embark upon the next phase of driving traffic and revenues through this model.
I encourage all current and potential future shareholders to read and visit all the links provided. I welcome all inquiries and can be reached at 877-243-9327
Sincerely,
James Grady, President / CEO
Max Media Group, Inc
About Max Media Group, Inc.
The Company currently has 75,098,804 shares issued and outstanding.
The Max Media Group, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7021
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, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance.