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Mega Media — NYC — It’s where you want to be!
Mega Media finds itself in a sweet spot!
New York is in the throws of a boom period in addressing its polyglot ethnic population.
New York City has long been both an immigrant city, and a “majority minority” city, and that demographic fact is supported by the most recent population statistic from 2000 which indicates that 2.8 percent of the NYC’s population is of Russian heritage.
New York is the media capital of English-speaking America, and it is the ethnic media capital as well. New York retains high concentrations of immigrant residents.
The ethnic media boom rides on the huge pool of media consumers who arrived in New York City between 1992 and 1996, when more than half a million of the city’s three million immigrants arrived.
Russian immigrants represent a strong and dynamic force in New York City. Local politicians routinely attend events held by the Russian Forward, a Russian ethnic news organization in NYC.
A logical outgrowth of the successful ethnic press is a media expansion into radio. While some of the newspapers have radio or television stations, including the News India-Times. You can be assured major media is closely watching Mega Media’s powerful entrance into Russian Ethnic Radio in NYC!
Stay Tuned: Manhattan The Sweet Spot
Manhattanites will earn an average salary of $147K this year which is a 16.7 percent increase over 2006, labor statistics show. This is the highest in the country. The average annual income is $45,000.00.
Source:
Alex Shvarts
Chief Executive Officer
David Kokakis
Chief Operating Officer, President of Skeleton Key
Mega Media Group
598 Broadway, 3rd Floor
New York, NY 10012
Phone: (646) 839-5500
Fax: (646) 839-5501
Email: info@megamediagroup.com
Website: www.megamediagroup.com
Investor Relations: ir@megamediagroup.com
About Mega Media Group: Mega Media Group, Inc. (OCT Bulletin Board: MMDA) is a multi-media holding company whose divisions offer a broad range of services, including corporate and celebrity branding, talent management, music production and distribution, video production and distribution and radio broadcasting.
Safe Harbor Statement: This announcement contains forward-looking statements. These statements are made under the ’safe harbor’ provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about Mega Media Group’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those contained in any forward-looking statements. All information provided in this release undertakes no duty to update such information, except as required under applicable law.
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