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Max Media Group, Inc. (MXMI) Will Enter Fast Growing Mobile Social Media Market With the Acquisition of Rights to a Powerful Mobile Networking App
Max Media Group, Inc. (MXMI) Will Enter Fast Growing Mobile Social Media Market With the Acquisition of Rights to a Powerful Mobile Networking App.
About this update from Altavoz Entertainment, Inc.
[{"type":"text","content":"\n \n \n Max Media Group, Inc. (MXMI) Will Enter Fast Growing Mobile Social Media Market With the Acquisition of Rights to a Powerful Mobile Networking App\n \n \nMax Media Group, Inc. (MXMI) Will Enter Fast Growing Mobile Social Media Market With the Acquisition of Rights to a Powerful Mobile Networking App\n \n BOCA RATON, FL--(Marketwired - Oct 10, 2013) - Max Media Group, Inc. (the \"Company\") (OTC Pink: MXMI) announced today that it has executed a Letter of Intent (LOI) with BlackStar Entertainment LLC, a private Delaware corporation, to acquire the exclusive global marketing rights and revenues from a mobile social networking management app (\"bablr\" the app).\n \"Bablr\" will enable users to connect, interact, and access all their favorite social networks including Facebook, Twitter, and Instagram simultaneously and in Real-Time. \"Bablr\" empowers users to take control and manage their digital world while on the go. \n Social Media and the mobile app markets are the hottest growth markets in the world today. Facebook has ballooned to over 1 Billion users and close to 40 million daily mobile users. The growth of Smartphones globally has also contributed to mobile networking and Social Media growth. Today there are more than 1 Billion Smartphones in use and it is projected that there will be over 3 billion Smartphones in use by 2015. By 2017, Smartphones will become the single largest consumer market and marketing distribution channel. Additionally mobile advertisement will grow to more than $20 billion annually.\n Social Media stocks are soaring, Facebook and LinkedIn have had record earnings are market performance leaders over the last 12 months.\n The Global X Social Media Index ETF has surged over 49% in the year-to-date time frame, clearly outpacing the broad technology fund (XLK) and U.S. market fund (SPY) by wide margins. \n Yesterday, the fastest growing social media firm, Twitter, revealed its plan to go public and filed the paperwork with U.S. regulators. This offering would be the world's largest in the technology space since Facebook went public in May 2012.\n Max Media believes the converging social media and mobile networking markets will provide a lucrative growth market. The mobile Social Media managing app \"bablr\" will give Max Media Group Inc. a very powerful entr?e into the high growth markets of soc...