M2 Media Group Ranked by Inc. Magazine for High Growth Second Straight Year
M2 recognized as one of the nation's fastest growing private companies with three-year sales growth of 260%
NEW YORK, Sept. 30 /PRNewswire/ -- Inc. magazine today ranked M2 Media Group No. 1,145 on its fourth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. In the state of Connecticut, the company further ranked No. 15 overall and No. 3 in its industry.
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The list represents the most comprehensive look at the most important segment of the economy -- America's independent-minded entrepreneurs. Music website Pandora, convenience store chain 7-Eleven, Brooklyn Brewery, and Radio Flyer, maker of the iconic children's red wagon, are among the prominent brands featured on this year's list.
"The leaders of the companies on this year's Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression," said Inc. president Bob LaPointe. "The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs."
"We are thrilled to be ranked again among Inc.'s fastest growing companies in the U.S., and are extremely proud of our employees for getting us here," said Michael Frank, President of M2 Media Group. "We've built a solid foundation and distribution network over the past years and we are continuing to scale the business at a rapid clip."
The 2010 Inc. 5000, unveiled today on Inc.com, serves as a unique illustration of the profound changes taking place in the U.S. economy. Despite the fact that most of this year's measuring period of 2006-2009 took place during the latest recession, aggregate revenue among the companies on the list actually increased to $321.6 billion, up more than 50 percent from last year. The effects of the recession are seen, however, in the median three-year growth rate, which dropped to 96 percent from last year's 126 percent. This year's Inc. 5000 employ a record 1.4 million people, up from one million on last year's list. With unemployment remaining stubbornly high, policymakers and business leaders will do well to look to the Inc. 5000 companies for fresh ideas on achieving growth and creating jobs.
About M2 Media Group
Founded in 2004, M2 Media Group (m2mediagroup.com) is one of the premier subscription agencies in the magazine publishing industry enabling online retailers to sell magazine subscriptions and loyalty programs to reward members. The company offers over 1,000 magazine titles through its direct-to-publisher supply network and fulfills millions of subscriptions annually. The company partners with the world's leading magazine publishers, retailers and loyalty programs including Barnes & Noble, Sears, and Priority Club® Rewards. M2's Business Media group provides lead generation services to various verticals through its integrated partner network and Mercury Magazines, one of the largest online distributors of trade publications to business and technology professionals.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers solutions for today's innovative company builders. With total paid circulation of 712,647, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.
SOURCE M2 Media Group
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