Hodge Podge magazine latest acquisition for MetaNetwork Media

Feb. 11, 2008 – The chairman of MetaNetwork Media, Jamar Freeze (Jaison Spad in Second Life), announced today that MNM has acquired the in-world magazine Hodge Podge for 30,000 shares of MNM common stock.

“As a popular lifestyle magazine for residents of Second Life, acquiring Hodge Podge magazine is another important step for our strategic plan,” Freeze said. “Their coverage of the lifestyle sector will dovetail very well with MNM and our plans to broadcast lifestyle news and entertainment.”

Freeze said the magazine will continue to publish monthly under the Hodge Podge name. “Similarly to our acquisition of SL Tronics Media, we’ll leverage the brand equity in Hodge Podge to help us capture more of that market segment,” he said.

According to Freeze, MNM has plans to utilize content from the magazine to reformat into lifestyle news segments and a lifestyle television show for the company’s MetaNetwork News and MetaNetwork Entertainment divisions, respectively.

Publisher and editor of Hodge Podge, Ismelina Cafuir (Isadora Fiddlesticks in Second Life), indicated the acquisition was also a good move for her magazine. “As a MetaNetwork Media publications, we’ll be exposed to greater audiences and broader grid exposure,” Cafuir said.

The acquisition will benefit MNM in other ways, according to Cafuir. “I believe the content that Hodge Podge offers will inform and entertain people regardless of the kind of resident they are in Second Life,” she said.

“As a diverse media company, we are interested in reaching new residents as well as those who have been in Second Life for several years now,” Freeze added. “With the additional programming content Hodge Podge brings us, we’ll have a wider advertising platform for businesses seeking to reach customers at all experience levels.”

Visit the MetaNetwork Media corporate Web site at www.metanetworkmedia.com
View the latest newscast and commercials at the MetaNetwork News Web site at www.metanetworknews.tv

MetaNetwork Media, Inc.
332 Bleecker Street #K114
New York, NY. 10014
Dan Grubbs
Communications Director
wsingh@metanetworkmedia.com

MetaNetwork Media, Inc., is a broadcasting and interactive media company with the purpose to provide quality news and entertainment to residents and visitors of the metaverse community through the development, production and marketing of entertainment, news and information within Second Life and the rest of the metaverse. MNM will deliver programming via an innovative distribution network in Second Life, on the company’s Web site and via other Web 2.0 platforms. Visit MNM's Web site at www.metanetworkmedia.com.

This release was published on openPR.