New Media, Inc., a development stage company, through its subsidiaries, focuses on developing real estate, music entertainment, media, and barter exchange businesses. The company is focusing on identifying and acquiring high-end residential assets, resorts, and hotels, as well as day care facilities. It is also developing music and entertainment primarily in the areas of hip-hop and R&B. Further, New Media provides media opportunities for companies in national, regional, and local media outlets, including television, cable, outdoor, radio, newspapers, magazines, Internet, and other mediums. The company was founded in 2002 and is based in Charlotte, North Carolina.