Acquisition of Shares of WOW Unlimited Media Inc.

NEW YORK, Dec. 16, 2016 /CNW/ - As required by National Instrument 62-103 of the Canadian Securities Administrators, Frederick Seibert announces that he, together with joint actors, has acquired 4,450,000 Variable Voting Shares ("VVS") and 3,179,174 Common Non-Voting Shares ("NVS") in the capital of WOW Unlimited Media Inc. ("WOW"). Mr. Seibert acquired these shares in connection with the merger involving WOW, Broadway Frederator Networks, Inc. and Frederator Allied Media, Inc. that was completed on December 15, 2016 (the "Transaction"). Further information on the Transaction is set out in WOW's press release of December 16, 2016.

The VVS and NVS acquired by Mr. Seibert and joint actors collectively represent (i) approximately 67.2% of the issued and outstanding VVS, (ii) 100% of the issued and outstanding NVS and (iii) 29.8% of all classes of shares of WOW, in each case after giving effect to the Transaction.

Mr. Seibert acquired his VVS and NVS for investment purposes. His beneficial ownership in WOW securities may change from time to time depending on market and other conditions, including, without limitation, through market transactions, treasury issuances, private agreements or otherwise.

The head office of WOW is located at:

200 - 2025 West Broadway
Vancouver, BC V6J 1Z6

Mr. Seibert's address is:

c/o Frederator Networks, Inc.
246 5^th Avenue, Suite 402
New York, NY 10025

SOURCE Frederick Seibert

or to obtain a copy of the early warning report, please contact: Brian Gucciardo, Frederator Networks, Inc., 212-779-4133