MaYoMo Invites Journalism Students to Participate in New 'Social News Network'

NEW YORK, NY--(Marketwire - June 30, 2009) - MaYoMo (Map Your Moments, www.mayomo.com), a powerful new social network for mobile citizen journalists and the most inspired alternative source for global, multimedia news content, today announced it is inviting journalism students throughout the U.S. to contribute content to its site. MaYoMo offers budding journalists new opportunities to make an impact and contribute to a growing, global online community of news and conversation.

"We're about creating the future of journalism," said Hristo Alexiev, CEO and cofounder. "The MaYoMo site is a video-centric web platform for mobile citizen journalism, whereby young journalists can develop networks of colleagues and audiences for collaboration and sharing. Participation on our site helps erase borders between countries for professional and student journalists alike."

The news and media industries are changing rapidly, and MaYoMo is poised to play a role in defining the future of journalism and in shaping the careers of journalists. Traditional print publications are closing down in record numbers, as readers turn to the Web for their news. MaYoMo creates an opportunity for student journalists to report on news and developments important in their lives.

How It Works

Access to all content on the MaYoMo web site is free. Students can easily create an account, and start contributing content and uploading photos, video, and other media assets -- from a variety of devices, including video-enabled phones. Contributors who have met certain criteria can create their own "channels" and make money from them. When a contributor has a channel, he or she will have options to help them create better and more viewed content.

MaYoMo's "shared revenue advertising model" will reward members with 70% of associated advertising revenue, creating an entrepreneurial business opportunity for professional and student journalists around the world. The site brings together professional journalists, citizen journalists, and students. Its membership already represents more than 100 countries, ensuring unprecedented geographic coverage and the familiarity and comfort of local language and customs.

Kim Garretson, a media professional who directs seniors at the University of Missouri Journalism School in their final semester projects, said MaYoMo is a much-needed transition service for graduating journalists, "Today's alarmingly awful job market is leaving j-school grads out in the cold. Many of the 40 seniors I worked with during spring semester have few job prospects and can't even find unpaid internships. Several are starting personal blogs and Twittering to try to demonstrate their skills in their job seeking. But joining the MaYoMo team puts them in the global stream of real news reporting."

About MaYoMo

MaYoMo is a video-centric "social news network" empowering a new era of Internet news creation and distribution. With an ever-expanding corps of mobile citizen journalists reporting from every corner of the globe, MaYoMo is shaping the evolution of journalism and delivering the world's most inspired multimedia news content. Now, thanks to MaYoMo's highly unique and entrepreneurial "news channel approach," professional and student journalists can create and manage their own custom news channels, unleashing new career and income opportunities via the company's shared advertising revenue model. To experience the power of news like never before, and participate in the future of journalism and news content distribution, journalist students and their advisors are encouraged to visit www.mayomo.com.

Contact Information: Contact: Susan Donahue Skyya Communications Direct: +1 646 454 9378