Players Network (OTCQB: PNTV), a Digital Television, Technology and New Media company that develops, owns, and operates Branded Lifestyle Channel Destinations, announces today the development of a new Lifestyle Channel Destination for the Marijuana Industry that will be powered by the company's proprietary NexGenTV Technology and Enterprise Platform.
As the emerging Marijuana industry continues to experience rapid growth, becoming legalized and regulated throughout the US, our new Lifestyle Channel will be a creditable source of informational and entertainment Videos, News, Features, Blogs, Social Connectivity, Interactive Contests, Deals, Discounts, Live Events, Merchandise "Smoke Shop" online store-front and much, much more.
CEO Mark Bradley states: "This multi-billion dollars industry is one of the fastest growing marketplaces in the world. It is an ideal demographic for new digital media technology and the social connectivity that our NexGenTv platform delivers." Mr. Bradley continues: "Our business model is very direct in creating program content and social media interaction to attract an audience. Then use our NextGenTV Platform to convert these viewers to members and customers to purchase affiliate offers, merchandise and premiums. We strongly feel the emerging legalized marijuana industry will offer extraordinary opportunity for long term growth in the future."
Players Network is a Television and Digital New Media Company that uses its proprietary Enterprise Web Platform to develop numerous Branded Digital Lifestyle Networks for itself and its partners in a wide range of lifestyle categories. Players Network's current original channels, "Players Network", "Vegas on Demand", "Real Vegas TV", focus on Las Vegas and Gaming Lifestyles. They are distributed over PNTV's owned and operated VOD Channels on TV in over 23,000,000 homes over Comcast, its Broadband Network and Mobile Platforms, on Hulu, Google, YouTube, Blinkx and Yahoo Video, on DVD, and through worldwide television syndication. For more information please visitwww.playersnetwork.com
Statement under the Private Securities Litigation Reform Act:
With the exception of the historical information contained in this Release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to: the ability of the Company to increase revenues in the future due to the developing and unpredictable markets for its products, the ability to achieve a positive cash flow, the ability to obtain orders for or install its products, the ability to obtain new customers and the ability to continue to commercialize its products, which could cause actual results or revenues to differ materially from those contemplated by these statements.
Media inquires contact
Lisa Mayo-DeRiso
702.576.2659
For Investor inquiries
Contact(s):
Zachary R. Logan / Drew S. Phillips
858.886.7237
info@pacifificequityusa.com
SOURCE: Players Network
Associated Documentation:
Link to submission on http://www.eteligis.com
PNTV_3-26-14_ELS_ETL.docx
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