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Max Media Group, Inc. Executes Definitive Agreement to Acquire www.BB2Live.com and Related Assets
Max Media Group (PL) (USOTC:MXMI)
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Today : Thursday 19 May 2011
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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.

Additionally, the technology acquired deploys a multitude of platforms which can be customized for any company, advertiser or end user. The power of the platforms comes from a robust back engine which houses leading technologies in downloading, streaming and telecommunications. This technology will allow Max Media to have a presence in every industry.

James Grady, President & CEO of Max Media Group, Inc., stated, "The magnitude of this acquisition to the future and growth of Max Media can not be underestimated. The potential revenue streams from the technology as well as the subscriber base of 15 million within the Max Media Network are unlimited. Our revenue and growth will be a function of how quickly we can implement the various revenue models that this acquisition presents."

Grady continued, "Controlling our excitement and patience while launching these services, partnerships and advertising strategies will prove to be our biggest challenge. The 15 million subscribers are an untapped goldmine of demographics. If you look at the subscribers as a list of names, then all you have is a lead list. But within the Max Media model coupled with BB2 technology and all its components, this is a virtual annuity of revenue streams." Various research groups have valued subscribers as high as $90 per in synergistic advertising campaigns.

Management has scheduled an official closing of the acquisition by May 31, 2011. In the meantime, the parties have initiated the transfers and integrations of the assets being acquired. The acquisition is being acquired for debt and Preferred Stock.

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 www.classiccorvettes.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