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FOR IMMEDIATE RELEASE
M2
Media Group Launches Magazine Subscription Program with Expedia.com
Expedia.com customers will be offered magazine subscriptions
included with their bookings as a benefit
STAMFORD,
Conn. - Feb 28, 2005 - M2 Media
Group, a leading magazine subscription agency, announced a marketing
relationship with Expedia.com® that will provide magazine subscriptions
to customers of the worlds largest online travel service.
Under the arrangement, known as a partnership subscription
program, Expedia® will offer magazine subscriptions to
its customers, included with their travel bookings as a benefit.
This unique program is unprecedented in terms of its scale
and circulation quality. Until now, partnership programs tended
to be low volume opportunities at either niche-oriented or mostly
unknown sources, said Michael Borchetta, CEO of M2. Our
philosophy from day one was to create quality circulation programs
with meaningful metrics. Theres a real need for this at an
industry level, and this agreement with Expedia fits nicely within
our strategy.
Travel and magazines are a perfect fit. This is a great way
to extend additional value through our service, said Jamie
McDonald, vice president of destination services at Expedia, Inc.
Our customers have diverse interests, such as travel, entertainment,
business, and will value the breadth of the titles that are being
offered as part of their travel purchase.
Through this program, publishers will gain access to an attractive
audience of Expedia customers who are typically well-educated, lead
active lifestyles, and have higher than average discretionary incomes.
These attributes translate into quality subscribers and highly
involved magazine readers, said Michael Frank, President of
M2. Its a win-win all around. As publishers seek greater
efficiency in their circulation budgeting process, high volume channels
with quality customers become critical when evaluating where to
place circulation. Weve responded by creating just such a
program, with a market leader that has an ultra strong brand and
very attractive customer demographics.
About
M2 Media Group, LLC
M2 Media Group is a leading magazine subscription agency specializing
in online marketing channels. It provides circulation management
services to publishers and value-added marketing programs to Internet-based
businesses, including Expedia and About.com. M2 was founded by senior
executives from Time, Inc.s Synapse Group. Its founders have
more than 20 years experience in magazine publishing and partnership
development.
Expedia, Expedia.com, WWTE and the airplane logo are either registered
trademarks or trademarks of Expedia, Inc. in the United States,
Canada and/or other countries. Other product and company names mentioned
herein may be trademarks of their respective owners.
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