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Global Media Networks, Inc.’s Wholly Owned Subsidiary TicketBreak Corp. Taps Into the Multi-Billion Dollar Secondary Ticketing Marketplace With AC/DC Now on Sale

October 30, 2008
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Global Media Networks, Inc. (PINKSHEETS: GLME) today announced that its wholly owned subsidiary TicketBreak is tapping into the multi-billion dollar SECONDARY Ticketing Marketplace using its own internal proprietary technology, with AC/DC Black Ice Tour NOW ON SALE via TicketBreak.com!

About Secondary Market Ticketing: Worth an estimated $10 billion and growing, the secondary ticketing functionality is becoming a standard ticket vendor offering, either with a third party integration or internal functionality. All of the major ticketing vendors offer this service and now so does TicketBreak.

The secondary ticket market is becoming increasingly powerful as the Internet grows. Buying tickets online this way is, some say, the best of both worlds. It can provide a handsome and relatively easy profit for those who sell, and it ensures greater ease of buying for those who want to buy and are willing to pay the price.

This is simply an extension of the box office gone high-tech driven by advances in computer software and hardware. Some experts believe that the secondary ticket market is going to exceed the primary ticket market at some not too distant date in the future. The “smartest” sellers, they say, view this as sort of an investment vehicle, because they can buy tickets at one price and sell them at considerable profit.

About TicketBreak Corp: TicketBreak is an alliance of long-time marketing and leading-edge IT professionals that are creating the future of entertainment ticketing. The TicketBreak System was designed from the perspective of an Event Producer, Venue Owner, and/or Performer that ultimately makes your Event Business more money during these unpredictable recessionary times, unlike its competitors who are mainly IT companies looking to benefit on multi-layered transaction revenue or secondary market reselling. TicketBreak’s mission statement is to provide both Ticket Buyers and Ticket Sellers a long overdue ticketing solution that essentially… GIVES EVERYONE A BREAK! Our Box Office Network provides event goers (ticket buyers) cost saving access convenience and event owners (ticket sellers) with dynamic tools they need to support success — Event ticket sales and distribution through multiple channels… fraud-proof security features… promotional tracking… database cultivation… and the constant buzz of brand-building exposure on hundreds of websites, including your own, and event boards across the globe.

For more information we invite you to visit our website at http://www.TicketBreak.com.

About Global Media Networks, Inc.: Global Media Networks is in the media and entertainment business and has interests in several up and coming media properties.

For more information we invite you to visit our in-progress new website at http://www.gm-ni.com.

Safe Harbor: Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

TicketBreak is a publicly traded company under http://www.gm-ni.com/

For more information go to http://www.pinksheets.com/pink/quote/quote.jsp?symbol=glme#getQuote.

 Media Contacts:  Global Media Networks, Inc. Email: IR@gm-ni.com  Chatpoom Thanomlek President cthanomlek@yahoo.com  For interviews or more information please contact:  TicketBreak Corp. Contact: Nick Hall Telephone: (416) 640-0966 nick@ticketbreak.com

SOURCE: Global Media Networks, Inc.