VANCOUVER, Aug. 15, 2018 /CNW/ - Network Media Group Inc. (TSX: NTE.V) (OTCMKTS: NMGGF) and Network Entertainment Inc. ("Network" or "the Company") are pleased to announce the appointment of Mike McIsaac to the Company's Board of Directors, effective immediately.
Mr. McIsaac has more than two decades of experience as a private and public business advisor, including being a co-founder of the Renaissance CPA firm and founder of Renaissance Mergers & Acquisitions (RMA). Mr. McIsaac's business expertise and entrepreneurship directly aligns with Network's goal to continue to build a global brand and to deliver exceptional value to both clients and shareholders.
"I absolutely admire the fantastic quality of work produced at Network," said Mr. McIsaac. "C.E.O. Derik Murray has an experienced and dedicated management team and a world class production crew. I look forward to being part of this highly skilled and motivated team and to build from the Company's past successes to reach even greater heights, both creatively and financially."
"We are thrilled to welcome Mike to Network's Board of Directors," adds Network Founder and C.E.O. Derik Murray. "His extensive financial experience and business acumen will not only enhance the Company's current portfolio of productions but will also align perfectly to our ongoing and future strategic relationships."
Mr. McIsaac has been granted 400,000 incentive stock options under the Company's stock option plan, exercisable at a price of $0.12 for a period of 5 years.
About Network Media Group Inc.
Network Media Group is the parent company of Network Entertainment Inc. Network Entertainment, founded and headquartered in Vancouver, British Columbia, Canada, produces premium content for global audiences. Network's documentaries and docu-series showcase the lives of the world's most inspiring cultural icons and their endearing legacy. Our films have featured a compelling lineup of icons from the worlds of Music, Movies, Comedy, Sports, Politics and Business. The Network premium brand of programming features outstanding casts and highly cinematic, richly crafted storytelling. Our productions are consistently embraced by both popular and critical acclaim garnering awards, record ratings and unparalleled media coverage.
Network's broadcast and distribution partners include: AHC, AMC, Discovery Channel, CBC, CMT, CTV, Entertainment One, FremantleMedia, HBO Canada, History Channel, iTunes, Lionsgate, National Geographic, Paramount Network, Spike, Sundance TV, Thunderbird and TMN. Our work has been recognized by the Academy Awards, the Emmys, Realscreen Awards, the Gemini Awards, the LEOs, the Los Angeles Film Festival, Washington D.C. Silver Docs, Seattle International Film Festival, Tribeca Film Festival, Hawaii International Film Festival, Houston International Film Festival, Vancouver International Film Festival, Banff Television Festival, and the International Film and Television Festival of New York.
For additional information on Network Entertainment Inc., visit www.networkentertainment.ca
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, including the Company not obtaining required TSX Venture Exchange approval of the Transaction and the Transaction not being completed as proposed or at all. These statements are necessarily based upon management's perceptions, beliefs, assumptions and expectations, 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 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 those 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.
SOURCE Network Media Group Inc.
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