MIG tops Media Momentum top 50

There were seven mobile companies in the Media Momentum top 50 fastest-growing UK new media firms – and MIG came top.

MIG posted an astonishing 11,720 per cent turnover growth between 2004/5 and 2006/7, moving from £251,817 to over £29 million. It’s expansion has been based on a combination of providing participation TV services, m-ticketing and mobile marketing and advertising services.

Elsewhere in the top 50, Player X was sixth, with 702 per cent growth, with Ad.IO in 17th, Zamano 27th, Mobile Commerce 28th and Sponge 39th.

The Media Momentum Awards, organised by investment bank GP Bullhound, measures the fastest growing digital media companies in the UK based on revenue over the past two years.