Paul Kagan Launches Media Business Website.

CARMEL, Calif. -- Media analyst Paul Kagan announced today the launch of a new media business research and information website, www.pkworldmedia.com. The site is designed for professional media industry executives in the fields of Advertising, Broadband Technology, Broadcast TV, Cable, Consumer Electronics, Interactive TV, Internet Media, Motion Pictures, New Media Platforms, Publishing, Radio, Satellite, Telephone, Towers, User Generated Content, Videogames and Wireless.

"Trillions of dollars of revenue and asset valuation are passing through media tollbooths worldwide," said Paul Kagan, Chairman/CEO of PK Worldmedia, Inc. "As consumers and business migrate to electronic media for news, entertainment, shopping, learning and social networking, the impact of media on everyday lives grows exponentially. Our new website is designed to analyze events and companies, identify trends, record milestones, track data, estimate asset values, project the future and focus on media as a global, super-industry of once-disparate and now converging fields."

The site includes both free information and password-protected subscription information. Initial features available include:

* THE PK REPORT: Paul Kagan's personal commentary, analysis, predictions and valuations of events, trends, and companies in both new and traditional media.

* Exclusive scrollable list of trading activity in nearly 200 public media stocks, listed alphabetically but also rankable by daily performance (highest or lowest), plus clickable company profiles and stock charts showing 1 week, 1 month, 1-year, 2-year and 5-year history.

* Scrolling stock ticker of leading media issues, with clickable charts and company data.

* Census of competitive broadband industry subscribers (cable, satellite, telephone).

* 10-year projections of competitive broadband industry subscribers.

* Stock performance table Co updated daily Co for 22 groups of media companies, with multiples of cash flow (EBITDA) for each group.

* Valuation statistics for nearly 200 media companies Co updated daily Co listed individually within subgroups by type of media and ranked by multiple of year-ahead EBITDA.

* Daily reports of individual media companies' stock performance vs. broad market indices.

* Advertising display space for enterprises wishing to reach high-level media industry executives.

* INSTANT DATAFICATION[TM]: daily log of relevant media statistics.

* Descriptions and details of PK Worldmedia conferences, commencing with THE QAM BEFORE THE STORM[TM] in Houston, TX Jan. 23, 2007, in conjunction with the Society of Cable Tele-Communications Engineers' conference on Emerging Technologies. This conference will explore the challenges and solutions of bandwidth expansion in the digital era of high-definition, on-demand viewing and delivery of voice, data and video download services. Sponsors of this conference are Motorola, Scientific-Atlanta, BigBand Networks, RGB Networks, Imagine Comm., Vyyo and BelAir Networks.

Paul Kagan's media research and analysis has been published for 38 years, by E.F. Hutton & Co., Barron's, Paul Kagan Associates, Inc., CableWorld magazine, BoxOffice magazine and now PK Worldmedia, Inc. He has appeared on network television, has been quoted in leading newspapers and magazines, has testified as an expert witness, served as an appraiser of media values, has managed stock and bond funds and has invested in private and public media companies. His first website, pkbaseline.com, was launched in 1995 as the first to offer pay-per-view information. More information about Paul Kagan's new ventures can be obtained by emailing [e-mail]. PKWM's offices are located in Suite 200, 126 Clock Tower Place, Carmel, CA 93923. Telephone: [phone]. Fax: [phone].