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Mega Media Group, Inc. (OTCBB: MMDA) is one of our highlighted companies this month. The company is a multimedia entertainment holding company with several subsidiaries that offer a broad range of services. The divisions include recording, music production and distribution, video production, radio broadcasting, and Pulse 87, a Rhythmic Top 40 Radio station serving the New York Tri State Area.
In our client’s news today,
Mega Media Group, Inc.’s subsidiary, Pulse 87 FM, announced that its audience has surpassed the 450,000 listener milestone. The number is based on certain estimates and internal projections. According to the company, Pulse will be rated under the Arbitron PPM system, which is expected to be launched in New York later this year.
For the month of May, Pulse 87’s web portal saw over 60,000 visits, 19 million hits and more than 125,000 live streaming sessions. The website, www.Pulse87.com, was re-launched in May to attract a target audience ranging in age from 18 to 49.
Mega Media’s CEO Alex Shvarts commented, “Pulse 87 is a new multi-cultural voice for the New York tri-state area. After three months we are quite pleased with the reaction our format is generating; we are striving to attain a much larger audience by the September roll out of PPM. Only PPM is able to provide us with this data on this new voice in the market.”
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Forward-Looking Statement:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.