We are in the process of developing a media portal or social network for the media, it will provide comprehensive accurate media information and access to the largest media contact list in the world. The Media Gateway plans to establish an interconnected global media network within the next few years and aims to forever change the way advertising, communications, PR and marketing executives communicate with the media and access media information. The portal addresses the critical functions of media relations and news distribution.
It provides a central point of communication between companies, agencies and the media and is a protected environment in which they can communicate. Providing a comprehensive up-to-date media database that is constantly being updated by the media itself, companies and agencies can now also target the right media to achieve optimal results. They now have a consolidated view of the media at their fingertips. The Media Gateway allows the media to interact with their target audience, it provides a platform for them to market directly to industry specific companies and potential clients. The portal provides the media with a repository to post their information where companies and agencies can easily access it. Media staff can manage their profiles according to information they require, thus ensuring that they receive information that is relevant to their portfolio.
We have consulted with management of most major media groups and they have all given us their full support, to the extent that they have given us their databases. We have also done intensive research with regards to the viability of this product and the response was overwhelming from both the media as well as potential clients in the advertising, PR, communications and marketing arena. Please note, the media do not pay for this service.
Please note, we have already completed the business and a functional requirement specifications.
Our research shows that this project has potential of generating substantial recurring revenues once it is launched. These revenues will be used to expand The Media Gateway globally. We expect to grow this client base to 200 000 users worldwide over the next three years with a recurring revenue potential in excess of US $120-million annually.
We are looking for a partner/investor/developer who will complete the project in exchange for a shareholding.