Tickers: XTSX:NTE
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VANCOUVER, CANADA / TheNewswire / April 28, 2015 - Network Media Group Inc. ("Network" or "the Company") (TSX: NTE.V) announced today its results for the three months ended February 28, 2015.
The Company reported a loss of $192,461 ($0.00 per share) for the three month period ended February 28, 2015, compared with a loss of $174,699 ($0.00 per share) for 2014.
The current quarter was highlighted with the continued production of two iconic documentaries, as well as starting pre-production on two other documentaries during the quarter.
Executive Chairman Robert Pirooz commented, "Along with continuing to deliver superior quality films that are being embraced by the market, I am pleased that Network management has identified and implemented the changes required to lead the company to profitability."
A more detailed analysis of the other components of the Company's performance can be found in its Management Discussion and Analysis as filed on www.sedar.com.
About Network Media Group Inc
Network Media Group Inc. is an established television and film production company with an award-winning international reputation. Network's productions include the Academy Award shortlisted feature documentary Facing Ali, the feature documentaries I Am Bruce Lee, which set all time ratings records for Viacom, I Am Steve McQueen and I Am Evel Knievel, both of which had their world premieres on Spike TV in 2014, and Stanley's Game Seven, the company's first 3D film. Network's programming has been showcased at marquee film festivals and by broadcasters throughout North America.
Network's past projects and current productions can be viewed at www.networkentertainment.ca
For further information concerning this press release, please email info@networkentertainment.ca
ON BEHALF OF THE BOARD OF DIRECTORS OF
NETWORK MEDIA GROUP INC.
"Derik A. Murray"
Derik A. Murray
Chief Executive Officer and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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