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Thursday, 05/19/2011 8:38:46 AM

Thursday, May 19, 2011 8:38:46 AM

Post# of 81470
MXMI NEWS

Max Media Group, Inc. Executes Definitive Agreement to Acquire www.BB2Live.com and Related Assets

Max Media Group, Inc. (Pink Sheets: MXMI), announced today that it has executed a Definitive Agreement to acquire control of the assets of www.BB2Live.com ("BB2") and the company's technology applications including Internet Radio Protocol, IPTV, VOIP and SMS text messaging. The Definitive Agreement 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 sees this acquisition as not only a perfect fit to its current business model, but one that has added instant exponential growth to its revenue stream, content, service offerings, subscribers and user traffic. The BB2 acquisition positions Max Media as a social media content and revenue solution for its sites as well as existing internet sites and communities. Through BB2, the Company will offer a multitude of convenient, cutting edge and varied technologies - including email, live internet video exchange, video web chat, music streaming, movie streaming, video online telephony, conference calling, SMS texting and coupon cellphone delivery.

http://ih.advfn.com/p.php?pid=nmona&article=47749819&symbol=MXMI

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