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Six Degrees, So Long. 944, Howdy!

No doubt about it. Times are tight in the media market. The Herald's for sale, the Sun-Sentinel is bankrupt, and the SunPost is nearly cooked.

Now comes news that 944 has purchased Six Degrees, one of our favorite spunky little club entertainment mags, which just recently gave up the ghost. This is a medium-size biz, with branches in places like Atlanta and Vegas, but we find it a tad encouraging that someone is BUYing in this market.

Of course, if you read the press release after the jump, you'll quickly learn that we are talking cheap, cheap, cheap -- user-generated content and college students -- but still, it shows the kinda change that will help media to morph in the new recession/Internet world.

944 Media Acquires Six Degrees Magazine

FOR IMMEDIATE RELEASE

PRESS CONTACT: Carly Harrill, 944 Magazine

619-817-5066/carly@944.com

944 Media Acquires Six Degrees Magazine

944 Media Completes Acquisition of Regional Publication Dedicated to Fashion and Entertainment

LOS ANGELES (March 5, 2009) - 944 Media, LLC ("944 Media") (http://www.944.com/) has announced the acquisition of assets of Six Degrees magazine and its Web site portal (www.sixdegreesmag.com).

The monthly fashion and entertainment publication will join 944 Media's

existing portfolio of seven lifestyle publications in the nation's

leading entertainment hubs.

"The addition of Six Degrees

to our portfolio makes 944 Media the largest regional lifestyle media

group in the country based on circulation and frequency," said CEO and

Founder of 944 Media, Marc Lotenberg. "The expansion shows our

dedication to remain true to our early roots and focus on the power of

youth marketing."

With the acquisition of Six Degrees

magazine, 944 Media will circulate more than 330,000 audited magazines

per month for an annual national distribution of 4 million copies. At a

7.2 pass-along rate, the media portfolio will reach a readership of 29

million per year.

Currently operating in the Atlanta, Detroit, Miami and Las Vegas markets, Six Degrees

magazine is a pocket-sized publication that focuses on topics defined

around culture, style and city living. With a circulation strategy

similar to that of

944 magazine, Six Degrees

is distributed complimentary at more than 2,400 unique locations, with

a total circulation of 90,000 copies per month. The communications

company targets a male and female-based audience between the ages of 21 and 32 with a media portfolio that encompasses a magazine, Web site, viral marketing and special events arms.

As part of the transition, Six Degrees will

appeal more to young influencers with an emphasis on user-generated

content and grassroots marketing. In an effort to expand the job market

and remain true to its startup approach, 944 Media will strive to

provide additional employment opportunities at

Six Degrees for new college graduates, interns and aspiring journalists and photographers.

April 30, 2009, will mark the debut issue of Six Degrees magazineunder

the 944 Media umbrella. The publication will continue to operate in its

current markets, with plans to expand into two of 944's existing

markets in 2009, and three markets in 2010.

"Both 944 and Six Degrees

are powerful brands in the cities in which they publish, and both

utilize a multimedia platform to market a progressive magazine and

forward-thinking Web site, while executing exciting signature events,"

said President of

Six Degrees

Michael George. "The alliance is a win-win, and the synergies between

the two brands could be endless in connecting with a vast growing

demographic of consumers."

The Six Degrees staff will merge into the 944

offices in both the Miami and Las Vegas markets, while the Atlanta and

Detroit editions will continue to operate with the current staff.

High-resolution

cover artwork and interviews are available upon request. Please contact

944 Media Director of PR, Carly Harrill, at 619-817-5066 or

carly@944.com for more information.

About 944 Media

Driven

by an arsenal of city-specific lifestyle publications in the country's

largest entertainment hubs, 944 Media has created a unique lifestyle

portfolio specializing in print and online content, special events and

a custom publishing division. Founded in 2001,

944

is setting the pace for a new generation of innovative media trends,

projecting a standard of living for the accomplished, upwardly mobile

tastemaker through an all-inclusive resource. The

conglomerate capitalizes on a hyper-local publishing model that

balances regional and national content, while an immediate print

turnaround allows each issue to hit the streets within 24 hours of

close. The digital platform, 944.com, has extended the reach of the

publication with daily content attracting more than 2.5 million unique

viewers per month. Through an innovative supply chain distribution

platform, 944 Media circulates more than 4 million copies per year,

with more than 6,400 strategic distribution locations and placement in

25,000 luxury hotel rooms nationwide. In 2008, 944 Media CEO and

Founder Marc Lotenberg was named one of "America's Coolest Young

Entrepreneurs: 30 Under 30" by Inc. magazine for innovative business and entrepreneurial practices. www.944.com

About Six Degrees Magazine

Embracing a hip, youthful appeal, Six Degrees

magazine caters to an audience on the vanguard of the next generation's

progressive trends with a pocket-size lifestyle publication,

cutting-edge Web site and signature special events. Founded upon the

"Six Degrees of Separation" theory,

Six Degrees

focuses on a city's culture and style, as well as the connection of its

individuals through common interests and acquaintances. Guided by a

monthly readership of 600,000-plus in the Miami, Las Vegas, Detroit and

Atlanta regions, Six Degrees

magazine is distributed complimentary across more than 2,400

distribution locations. As a multi-platform communications agency, Six Degrees drives the consumer experience with other promotional components including viral marketing and signature special events. www.sixdegreesmag.com

 


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