February 15, 2011

LivingSocial and M2 Media Group Partner to Offer Great Deals on Magazines

Newsweek Big Hit as National Offer on Leading Group Buying Website

Stamford, CT, February 15, 2011 – LivingSocial (www.livingsocial.com), the online source for people to find handpicked experiences at a great value, and M2 Media Group, a leading magazine subscription agency, have partnered to provide exclusive deals on magazine subscriptions to LivingSocial's more than 10 million subscribers.

The program launched with Newsweek as its inaugural title and has already generated thousands of subscriptions. The companies are currently lining up other publications to follow. Under the arrangement, M2 will manage publisher sales and relations, redemption and subscription fulfillment.

"We're thrilled to be partnering with LivingSocial in the context of providing valuable magazine deals for their subscribers," said Michael Frank, President of M2 Media Group. "Their loyal following, and the way deals are shared through peer networks, lead to a tremendous amount of excitement for our offers."

About LivingSocial
LivingSocial adds surprise to every calendar with handpicked Daily Deals you can share with friends. Members enjoy at least 50% off on the coolest, local experiences. Local business owners get an easy and cost effective marketing tool to attract new, loyal customers. In 2010 one of the fastest growing companies in the space expanded with LivingSocial Escapes offering a "vacation in a box" for easy weekend trips at great value. Based in Washington, DC, the international brand and has saved its more than 10 million subscribers more than $171M in more than 120+ markets.

About M2 Media Group, LLC
M2 Media Group is a leading magazine subscription agency that enables online retailers and reward programs to sell and provide magazine subscriptions to customers through its integrated e-commerce platform. M2 also owns and operates several leading magazine services, including Blue Dolphin, an online magazine retailer, and Mercury Magazines, one of the largest online distributors of business and trade publications.