SOURCE: RMD Entertainment Group

April 17, 2007 11:18 ET

RMD Group & Massive G Media Formalize Groundbreaking Joint Venture

PHILADELPHIA, PA -- (MARKET WIRE) -- April 17, 2007 -- RMD Entertainment Group (PINKSHEETS: RMDN) and Massive G Media Corp., (PINKSHEETS: MSGM) announced today the cementing of a Joint Venture Agreement ("JV d/b/a MOTV") between the majority shareholders of RMDN, MSGM, Mecanismo (USA) Corp., and an unnamed private equity group. The JV will distribute MOTV Hip Hop programming on Cable, Internet, IPTV and Cell Phones/PDAs.

The JV d/b/a MOTV is unique because of its irreverent, highly stylized program content that can be experienced on multiple media platforms. The JV has been demonstrating a layering technique of combining, initiating and dynamically fine tuning a campaign with MOTV content, adding the ability to accurately target cable subscribers (in some cases down to a single zip code or designated area) using both standard and IPTV 'intelligent' set top boxes, while combining Internet and Cell/PDA promotional disciplines.

"The JV has progressed from its original, loss producing advertising supported cable proposal to the point where indications of interest from new advertisers and promotional firm commitments in specific metropolitan metro markets has led the JV's investors to believe that a viable business model must not be based on cable alone. However, when we unite cable content with a strong internet brand or presence and simultaneously introduce push-to-cell technology of that same familiar media, the indications of interest and commitment from brand name advertisers took on a whole new scope," stated Gary Freeman, the financial controller for the JV and CFO for both companies.

Mr. Freeman continued, "We are in negotiations with cable providers who utilize targeted distribution of Pay Per View and Subscriber IPTV. MOTV (PPV) will include combinations of uncensored exclusive Hip Hop content, music events, sports extravaganza's and explicit content in many genres, all framed in a very familiar Hip Hop brand. Naturally we will leverage our own methods of layered promotion to produce advert free PPV content. We will build our revenue streams and grow our business for the remainder of 2007 before publicly reporting any financials. We expect to be raising capital for our business during the same period, and may be acquiring operational units, licenses and/or rights to ownership of media in many genres. We will remain as transparent as possible during the stages of our development. Shareholders of RMDN and MSGM will be updated through press releases and dissemination of pertinent corporate information and statistics on the Company's websites."

Giorgio Costonis, President of RMDN & MSGM, stated, "This is the most exciting point of my career thus far. The present buzz surrounding MOTV and the layering strategy that we have demonstrated has opened up fresh ideas for instant, product placement ads and viable, targeted promotion capabilities that were traditionally difficult to predict the outcome of, or monitor the campaign progress of 'on the fly.'"

Mr. Costonis further stated, "As most know, I am a huge shareholder of RMDN and now MSGM, both of which I believe are undervalued. I also believe that the shareholders of RMDN are perfectly situated to benefit from the strong increase in revenues from RMDN's artistes and repertoire and the imminent roll out of MOTV's business. We are working diligently on a method of distributing a dividend of MSGM common shares to RMDN shareholders so that my shareholder base gets its loyalty bonus."

About RMD Entertainment Group

RMD Entertainment (RMD) is a cutting-edge entertainment company that is primarily focused on the development and international marketing of hip-hop music, including compact discs, digital downloads, and personal ring tones for mobile phone customers, as well as other hip-hop lifestyle products. The Company has also created MOTV, the ability to stream video content to mobile devices, including cell phones and PDAs. The Company currently possesses an impressive hip-hop catalogue, which it distributes exclusively through Bungalo Records and Universal Music Group (a subsidiary of Vivendi Universal in North America and in Europe through the Pickwick Group Ltd. of London).

About Massive G Media

MASSIVE G MEDIA (a Nevada Corp) represents, reflects and acquires operational media assets including the libraries recently licensed to the Company by Mecanismo Corp (Nevada). The Company is a partner of the MOTV joint venture.

Forward-looking statements in this news release relating to the Companies expectations regarding demand and pricing are made pursuant to the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used herein, words such as "expect" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on assumptions made by and information available to the Companies. Investors are cautioned that such forward-looking statements involve risks and uncertainties. Important factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements include, without limitation, the future demand for, and sales volumes of, the Company's products, future production volumes, efficiencies and operating cots, increases or decreases in the prices of the Company's products, the Company's future stability and growth prospects, the Company's future profitability and capital needs, including capital expenditures, and the outlook for and other future developments in the Company's affairs or in the industries in which the Company participates and factors detailed from time to time in the Company's periodic reports filed with the United States Securities and Exchange Commission, and other regulatory authorities. The Company has no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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