Madison Ave Media Inc (KHZM)

[premier1one]

12-15-10 Madison Ave. Media Agrees to Acquire Track Entertainment

Madison Ave. Media Agrees to Acquire Track Entertainment
Leading Entertainment Company Has Over $20 Million in Revenues


BOCA RATON, FL--(12/15/10) - Madison Ave. Media, Inc. (OTC.BB:KHZM - News), a global leader in brand intelligence and mobile marketing, today agrees to acquire Track Entertainment a division of The Management Group, LLC. In an all stock transaction.

With over $20 million in annual revenue, Track Entertainment owns and manages a consortium of advertising, content, ticketing and event driven web properties.

TrackEntertainment.com, an advertising and content network, whose assets include 3.5 million registered users, and proprietary web properties, representing a cross section of premiere lifestyle, event directory, multicultural, and music based properties.

"Our combined properties and their affiliate network of web syndicates reach over 5 million monthly unique visitors delivering over 300 million monthly ad impressions in the US alone. Plugged into Madison Avenue Media's data and digital advertising capabilities, we become the 800lb. gorilla in the entertainment and event category," states Andrew Fox, Chief Executive Officer, The Management Group.