CALGARY, ALBERTA--(Marketwire - June 14, 2010) - Metamedia Capital Corp. (TSX VENTURE:MME) announces that it intends to seek approval for a consolidation of its common shares on a one (new) for ten (old) shares basis and a consequent change of name of the Company. Post-consolidation, the Company will have approximately 2,856,499 shares issued and outstanding. These transactions remain subject to regulatory approval.