Skeleton Key Entertainment Launches Media Branding Division

Skeleton Key Entertainment Launches Media Branding Division

Skeleton Key to Produce Branded Compilation Album for Morgans Hotel Group

NEW YORK, Sept. 20 /PRNewswire-FirstCall/ -- Skeleton Key Entertainment, the mainstream entertainment division of Mega Media Group, Inc. (MMDA.OB) (www.megamediagroup.com) announced today the launch of its Media Branding Division. The division's first deal closed with Morgans Hotel Group, pursuant to which Skeleton Key created a branded compilation album for the boutique hotel giant. The CDs are slated for distribution to the various Morgans Hotel Group properties this month.

Commenting on the announcement, David Kokakis, Chief Operating Officer of Mega Media and President of Skeleton Key, stated, "Music reaches consumers unlike any other medium. Our intention is to create a sonic identity for our clients by crafting a custom 'soundtrack' that represents each brand's unique aesthetic. The Morgans Hotel Group custom compilation album will be the first of such projects for this new division."

About Mega Media Group: Mega Media Group, Inc. (MMDA.OB) is a multi-media holding company that focuses its business in mainstream entertainment and Russian ethnic media. Its subsidiaries offer a broad range of services, including corporate and celebrity branding, talent management, music production and distribution, video production and distribution, radio broadcasting and Russian ethnic programming.

Safe Harbor Statement: This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about Mega Media Group's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those contained in any forward-looking statements. All information provided in this press release is as of September 20, 2007, and Mega Media Group undertakes no duty to update such information, except as required under applicable law.

Contact:

PRESS INQUIRIES:
Neil Steinberg
212.584.4306
nsteinberg@5wpr.com

INVESTOR INQUIRIES
Zenep Husenaj
zenep.h@skeletonkeyent.com

First Call Analyst:
FCMN Contact: nsteinberg@5wpr.com

Source: Mega Media Group, Inc.

CONTACT: PRESS INQUIRIES: Neil Steinberg of 5W PUBLIC RELATIONS,
+1-212-584-4306, nsteinberg@5wpr.com; or INVESTOR INQUIRIES: Zenep Husenaj of
Skeleton Key Entertainment, zenep.h@skeletonkeyent.com, both for Mega Media
Group, Inc.

Web site:

http://www.megamediagroup.com/

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