Max Media Group, Inc. Announces Letter of Intent to Acquire www.SmallCapTube.com
April 22 2010 - 10:00AM
Max Media Group, Inc. (Pink Sheets:MXMI) announced today that it
has entered into a letter of intent to acquire the web site
www.smallcaptube.com ("SCT"), a Web TV for Small Cap and Startup
corporate America. SCT has created a free Web TV for corporations
(both public and private) to showcase their work, developments,
news, interviews, etc. The Web TV has an interactive player and is
designed to present the company material in the most effective way
possible without any complex layout or social network dependence.
Additionally, companies will be able to select a dedicated domain
name to make the Web TV more personable and recognizable. The goal
is to promote the corporate client.
The Web TV is also capable of handling full feature length
films, product marketing and any other video presentation a user
may wish to promote while generating revenues.
REVENUE MODEL
Max Media will pay each Web TV producer a percentage of the
revenues generated on their Web TV site from video ads (15 to 30
second ads), which will run before the viewing of each video. The
client will also get additional monies if the Web TV player is
placed on other sites. The goal is to generate constant revenues on
each client's Web TV through syndication on alternative and
interested websites.
Once a company's video(s) is uploaded to SCT Web TV with its
dedicated domain name, a partner ad network will broadcast and
display the video(s). As the revenues are generated from the views,
the Company gets paid. The more content that is added and the more
hits that the video(s) get, the more money the company makes.
One of the video player's most important features is that the
Web TV player is syndication-friendly, which means that with a
simple code, the client can put their player on their own website
as well as any other websites they find suitable for their content.
Mike Sweeney, Founder of SCT stated, "As corporate
communications become more "social" with investors and clients,
SmallCapTube is a perfect vehicle to deliver the video content that
personalizes a company's message to investors and clients. We look
forward to working with the team at Max Media to take full
advantage of their platform as a delivery mechanism for
SmallCapTube."
Jim Grady, President of Max Media Group, Inc. stated,
"SmallCapTube is a no brainer fit for our business model. Being a
small cap company, we know the value of exposure. Startup companies
and small cap public companies can immediately use this platform to
tell their stories and communicate with investors and shareholders
alike."
The Company also announced that it is presently securing several
additional opportunities and acquisitions. Management expects to
announce these over the next several weeks.
About Max Media Group, Inc.
Max Media Group, Inc. is a developer of online
integrated digital publishing/distribution platforms for high-end
internet consumer segments. Max Media's business model
distinguishes itself by issuing revenue sharing cash payments to
content providers, who historically have "worked for free". As the
internet's content models shift in 2010 and beyond, Max Media is
positioned to capture significant content, users, eyeballs and
revenues from social networks like Facebook, YouTube, MySpace,
Flickr and others. Max Media's mission is to be the premier
operator and developer of low cost/high revenue online integrated
publishing/interactive social networks. The company currently
operates numerous web sites including www.maximummotoring.com,
www.babelation.com, www.hotautoweb.com, www.hotrvweb.com,
www.hotboatweb.com and www.hotcharityweb.com, among others. The
domain properties were founded in 2001 with the current management
assuming control in 2009. In the past 5 years www.hotautoweb.com
has generated $17 million in the classic car segment.
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.
CONTACT: Max Media Group, Inc.
G. Jim Grady Jr.
877-243-9327
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