Network Entertainment Announces Slate Production Deal For Expansion Of Its "I Am" Brand Of Iconic Documentaries

Tickers: XTSX:NTE
Tags: Entertainment

VANCOUVER, CANADA / TheNewswire / October 31, 2016 - Network Media Group Inc. ("Network" or "the Company") (TSX: NTE.V) is pleased to announce an agreement has been reached with Spike TV for expansion of its "I Am" series of high profile legacy documentaries on the lives of the world's greatest icons. Under the terms of the agreement, Spike TV has acquired the rights to the world television premiere of four of Network's upcoming "icon" documentary programs (two of which are currently in production), with an option to acquire the same rights for an additional two productions.

"We are excited to continue working with Network in producing, broadcasting and marketing the expansion of the "I Am" documentary series", said Kevin Kay, Spike President. "The popularity of the series is a testament to our collaboration with the talented team at Network and we look forward to bringing an exciting new lineup of films to our Spike audience".

The deal continues the partnership between Network and Spike TV, which has resulted in production of the critically-acclaimed "I Am Chris Farley", "I Am JFK Jr.", "I Am Steve McQueen", "I Am Evel Knievel" and "I Am Bruce Lee".

"Working with the team at Spike TV is a cornerstone to Network's success and wide audience appeal," stated producer, Derik Murray. "We are excited to continue producing our slate of "I Am" films for an ever appreciative audience that continues to grow worldwide."

About Spike TV:

Spike TV is available in 91.4 million homes and is a division of Viacom Media Networks. A unit of Viacom (NASDAQ: VIA, VIAB), Viacom Media Networks is one of the world's leading creators of programming and content across all media platforms. Spike TV's Internet address is www.spike.com and for up-to-the-minute and archival press information and photographs, visit Spike TV's press site at http://www.spike.com/press. Follow us on Twitter @spiketvpr for the latest in breaking news updates, behind-the-scenes information and photos.

About Network Media Group

Network is focused on becoming one of the world's leading developers and producers of entertainment properties for the global marketplace and its worldwide audience. It is the parent company of Network Entertainment Inc., an established television and film production company with an award-winning international reputation. Its productions include the Academy Award shortlisted feature documentary Facing Ali, as well as documentaries on the lives of Bruce Lee, Steve McQueen, Evel Knievel and, most recently, Chris Farley and Johnny Cash. The Company recently released a two-part documentary special The Cowboy, which premiered on Discovery's American Heroes Channel, as well as the first five episodes of a global seven-part series for National Geographic.

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.

CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. These statements are necessarily based upon management's perceptions, beliefs, assumptions and expectations of historical trends, current conditions and expected future developments, as well as a number of specific factors and assumptions that, while considered reasonable by management of the Company as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies that could result in the forward-looking information ultimately, perhaps materially, being incorrect. All forward-looking information in this news release involve known and unknown risks, uncertainties and other factors that are beyond the control of the Company and may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Except as required pursuant to applicable securities laws, the Company will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company, copies of which are available on SEDAR at www.sedar.com.

Copyright (c) 2016 TheNewswire - All rights reserved.

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