Fusion Corporate Partners

Max Media Group has agreed 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). The acquisition is being acquired for debt and Preferred Stock.

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.

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.

USA, Palm Harbor, FL

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Shares of LinkedIn Corporation, which priced its initial public offering of 7,840,000 shares to the public of $45 per share, soared at one point yesterday to $122.70, a rise of 172.7%. They closed at $94.25 up 109.4%.

In 2010, net revenue was $243.1 million, which represented an increase of 102% from 2009. In 2010, LinkedIn generated $15.4 million of net income and $48.0 million of adjusted EBITDA, which represented an increase of 487% and 227%, respectively, from 2009. For the three months ended March 31, 2011, net revenue was $93.9 million, which represented an increase of 110% from the three months ended March 31, 2010. For the three months ended March 31, 2011, LinkedIn generated $2.1 million of net income and $13.3 million of adjusted EBITDA, which represented an increase of 14% and 46%, respectively, from the three months ended March 31, 2010.

LinkedIn.com launched their webste in May 2003, and by the end of 2003 had 14 employees and over 78,000 members. In September 2004, LinkedIn began generating revenue on their website. They launched LinkedIn Jobs, which is currently a component of LinkedIn hiring solutions, and began generating revenue from it in March 2005. Later that year, LinkedIn launched their first premium subscription product and began generating revenue from it in August 2005. In March 2008, they launched LinkedIn Corporate Solutions, a key component of hiring solutions, further diversifying LinedIn’s sources of revenue. As of December 31, 2010, LinkedIn had 990 employees and over 90 million members. As of March 31, 2011, They had 1,288 employees and over 100 million members.

LinkedIn are headquartered in Mountain View, California. Their international headquarters is located in Dublin, Ireland. They have sales and marketing offices in Australia, Canada, France, India, the Netherlands and the United Kingdom. For 2010, 27% of net revenue was derived from customers located outside the United States. For the three months ended March 31, 2011, 31% of net revenue was derived from customers located outside the United States. LinkedIn expect the percentage of total net revenue derived from outside the United States to increase in future periods as they continue to expand international operations.

The bookrunning managers of the offering were Morgan Stanley & Co. Incorporated, BofA Merrill Lynch and J.P. Morgan Securities LLC. Allen & Company LLC and UBS Securities LLC are the co-managers. The stock is traded on the New York Stock Exchange (NYSE) under the symbol “LNKD.”

USA, Mountain View, CA

Related articles:

• LinkedIn, the business-focused social network, has filed registration documents for an initial public offering Posted on May 10, 2011