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MaYoMo 'Social News Network' Launches Beta
Creating the Future of Journalism by Bringing Together Professional, Citizen, and Student Journalists From Around the Globe
| Source: MaYoMo
NEW YORK, NY--(Marketwire - July 20, 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 has launched a new, improved beta version of its site. Unlike
other sources of world news, MaYoMo delivers independent, global news
content with Web 2.0 convenience and flexibility. It is designed for both
journalists and independent-minded, socially and globally aware readers
around the world who need a new, socially-connected, real-time platform for
global news reporting -- and conversation about that news.
"It's a new concept," said Hristo Alexiev, CEO and cofounder of MaYoMo, "a
video-centric 'social news network' for journalists and their readers,
empowering a new era of Internet news creation and distribution. A key
difference with our site is that we'll be providing an income source and
career path for our contributors -- both young, aspiring journalists and
experienced, professional, independent journalists and bloggers."
Access to all content on the MaYoMo web site is free. Anyone can quickly
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 generate income from them. When a
contributor has a channel, he or she will have options to help create
better and more viewed content.
"MaYoMo allows contributors to develop networks of colleagues and audiences
for collaboration and sharing," continued Alexiev. "We really believe it
will help erase borders between countries for professional and aspiring or
student journalists alike."
Contributors to the MaYoMo site in its "alpha" form (it was first available
in Q4 2008) have already posted more than 50,000 news entries from 214
countries. "We're confident MaYoMo will have unprecedented geographic
coverage," said Alexiev. "And we provide the familiarity and comfort of
local language and customs." The MaYoMo platform is available in English,
French, German, Italian, Russian, Japanese, Spanish, Chinese, Arabic, and
Dutch.
"Once fully operational, 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," said Pavel Ezekiev, Managing Partner, New
Europe Venture Equity (NEVEQ) and a board member of MaYoMo.
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, please visit www.mayomo.com.