M8 Entertainment Announces Resolution by Parent Company



    /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN
    THE U.S./

    MONTREAL, Aug. 19 /CNW Telbec/ - M8 Entertainment Inc. ("M8" or the
"Corporation") reported today that a resolution was passed by its parent
company, International Entertainment Corporation, to initiate a call for a
special meeting of the shareholders of the Corporation in order to effect a
voluntary liquidation of the Corporation. At present, management considers it
unlikely that such liquidation would have a direct effect on the subsidiaries
of the Corporation, which would continue to operate as before.

    This press release contains forward-looking statements. These statements
are forward-looking as they are based on our current expectations about our
business and the markets we operate in, and on various estimates and
assumptions. Such statements include words such as "anticipate", "believe",
"plan", "estimate", "expect", "intend", "will", "should", "may", and other
similar expressions. Our actual results could materially differ from our
expectations if known or unknown risks affect our business, or if our
estimates or assumptions turn out to be inaccurate. Some factors that could
cause actual results to differ materially from those set forth in the
forward-looking statements are: audience acceptance of our filmed
entertainment, actions of our competitors, cost of production financing, the
loss of key personnel, and our relationship with filmed entertainment content
suppliers and distributors. Other risks and factors that could cause actual
results to differ are described in Management's Discussion and Analysis
("MD&A") for the periods ended December 31, 2005 under the headings "Risk and
Uncertainties". The company undertakes no obligation to publicly update or
revise any forward-looking statements or information, whether as a result of
new information, future events or otherwise.

    Complete financial statements and MD&A for the Corporation can be
obtained at www.sedar.com.




For further information:

For further information: Devin Cutler, Chief Financial Officer, (818)
826-8000; Pierre Kurland, Vice President of Finance, (818) 826-8000,
www.media8entertainment.com

Organization Profile

M8 ENTERTAINMENT INC.

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