M3 to Take Sabbatical from Miami Beach in March 2007

MIAMI, FL. (Top40 Charts/ Miami Music Multimedia) - This may be old news to some but as WMC buzz starts to wax we wanted to officially announce here that much to our chagrin, the much-lauded, alternative, technology driven M3 Summit is not happening this year. Here's the official word from the horse's mouth -

As a valued supporter of Miami Music Multimedia we wanted to be the first to tell you that M3 will not be returning to Miami Beach during conference week 2007. The reasons for which are two fold.

On the financial side, substantial increases in event costs and limited outdoor hotel space for events like ours during next years Miami music week have challenged our privately held company and would necessitate a substantial increase in registration fees to our devoted fans. Something M3 is not wiling to do at this time.

On the logistics side, a prominent national event production company has approached Miami Music Multimedia in a partnership capacity and is interested in helping grow our brand by investing all of its resources in our young company. This alliance will require ample re-organization and preparation time and will reap significant rewards and increased opportunities in the future for all concerned.

In it's short three year history M3 has worked tirelessly to reinvent the way the world looks at Miami music week, presenting a diverse mix of cutting edge entertainment and products combined with high-level business exchanges. And, our annual event has garnered significant critical acclaim and praise as a forward-thinking, international gathering. True to our purpose we look forward to building on what's already been accomplished by combining music, technology and fashion as an integrated lifestyle and we hope that our supporters will stand by our side and join us in the future.