SOURCE: Fortune Market Media, Inc.

February 26, 2008 12:53 ET

Fortune Market Media the Next Level

The Future of Interactive Media Is Here and Will Be Delivered to You by Fortune Market Media

LOS ANGELES, CA--(Marketwire - February 26, 2008) - Fortune Market Media, a diversified media and communications corporation publicly traded on the Pink Sheets (PINKSHEETS: FTMM), is one of the fastest growing media conglomerates ever to emerge on the scene. In five short months the company has spanned the country with their radio division from South Florida and quickly became Los Angeles' number one weekend talk show. "Your Money's Worth" can be heard Saturday mornings 8a-10a on Los Angeles' number one FM talk station and CBS Radio, 97.1 FREE FM. Some of today's most relevant and important business figures have been guests of the show as well as today's most prominent and popular "A list" singers, actors, comedians and sports figures. For a full list of past and future guests visit fortunemarket.net/radio. The radio show has gained much attention from its global pod-cast that reaches over 5,000,000 subscribers online.

Top notch radio is yet only one of the many facets that make Fortune such a unique enterprise. With the increase of digital media distribution and advancement of technology, Fortune is setting its sights on becoming the future of how media is delivered. Constantly at the forefront of creation of unique programming, all of Fortune's content is distributed through a wide range of platforms and applications which will include traditional television, print, and radio but are also formatted for web, mobile, VOD, pod and interactive points as well.

Future Rhythm is a film/music/content provider on a multi level platform that fuses lifestyle and entertainment from apparel to music to film that all sync with one another, capitalizing on the shift in the music media paradigm from actual record sales to internet-based distribution.

"We believe that even advancement is advancing; people don't necessarily want to be limited on where they can receive information. There is no reason why a cell phone nowadays isn't just as good a place to get your news, music, do your banking, surf the web, and catch the latest episode of 'Nip/Tuck.' A lot of big media companies out there are still trying to fight this. Fortune Market embraces this and this, I believe, is our path for success," said Ryan Tomlinson, executive vp.

Fortune Market, as a multimedia company, is set up to not only create streams of media but also to acquire media outlets and bring them into the fold.

Last week Fortune announced the first phase of acquisition of one of the fastest growing brands and magazines in the west coast, LA.Direct Magazine. LA.Direct is a high end lifestyle magazine with an affluent target audience. Readership is driven by quality content focused on celebrities, fashion, dining and other lifestyle oriented topics. Advertising clients gain maximum exposure to this target market within LA.Direct's territories. LA.Direct was established four years ago and has tripled in circulation just in the last year. With over 180,000 monthly readers and a 98% pick-up rate the magazine has crossed over from a SF valley-based mag to a recognized face with large signs on the world famous Sunset strip in Hollywood. Place Media, which publishes LA.Direct, also serves as one of the city's most sought after event companies (PM: Event Group), putting on LA's hottest monthly social gatherings attracting the likes of Hugh Hefner, E! Entertainment, Christian Audigier and many more.

LA.Direct and Fortune both share a vision to expand the magazine to a national platform as well as taking it to the next level online and interactive. Immediate plans of regional market increase and territory take over to include San Diego, Orange County, San Francisco, Las Vegas, Scottsdale and Phoenix.

Other recent announcements include the appointment of NBA legend and media giant John Salley as Executive Vice President of media. Bringing to the role what he calls "a wealth of contacts, an enthusiastic attitude, a bright, bubbling future, and a desire to be great." Salley will bring exposure to his own endeavors through Fortune Market Media's wide range of multimedia outlets, as well as apply his market savvy to oversee the company's rapid growth and expansion.

In the next few weeks Fortune Market will announce another acquisition of yet another interactive media platform with some big names attached that will definitely pique the interest of investors, consumers and growing companies who are in need of the right exposure to place their brand on the map.

About Fortune Market Media, Inc.

Fortune Market Media, Inc. (PINKSHEETS: FTMM) is a diversified media and communications company providing businesses with a variety of financial-, consumer- and investor-related communications services. Fortune Market creates awareness among investors, consumers and potential partners through its multi-channel streams of media. More information is available at www.fortunemarket.net.

Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

Contact Information

  • Contact:
    Fortune Market Media, Inc.
    800-313-7912