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Players Network Announces a Joint Venture With DMH Media Network for WeedTv Magazine
The First Production Will Be a Special 6-Page WeedTv Insert in DMH Media Network's True Magazine Reaching Over 2,606,000 Readers
|By Marketwired .
|June 2, 2014 08:45 AM EDT
LAS VEGAS, NV -- (Marketwired) -- 06/02/14 -- Players Network (OTCQB: PNTV), a Digital Television, Technology and New Media company that develops, owns, and operates Branded Lifestyle Channel Destinations, announces today a joint venture with DMH Media Network who owns TRUE Magazine to create "WeedTv Magazine." The first step in creating the magazine will be a 6 page special "WeedTv" insert within the August issue (www.true-magazine.com). This 6 page special will be directly delivered to 367,082 subscribers and promoted throughout TRUE Magazine's Hip Hop Lifestyle database combined will pass along copies reaches over 2,606,000 readers. The companies' joint goals are to eventually incubate the initial insert into a stand-alone full-length publication.
DMH specializes in a vast targeted market with its brands. TRUE Magazine the oldest running title with 15 years of producing and showcasing Hip Hop, will be the leading brand to infuse WeedTv into its own platform with magazines and e-zines. TRUE Magazine has worked with "as cover artists," Jay Z, Kanye West, Rick Ross, Game, Nas and many more. TRUE Magazines recognizes the lifestyle of artists showcased and the social part of the Marijuana lifestyle covered by Weed Tv.
Noble DraKoln, Chief of Business Development for DMH stated, "DMH stays on the cutting edge of Pop Culture with a focus on Hip and RnB. With the surge in legalization of Marijuana across the United States we see the 'Cannabis Culture' as one of the fastest growing marketplaces that will open up extraordinary sponsor and advertising revenue potential. WeedTv offers a phenomenal opportunity to DMH to enter this marketplace and use our existing consumer base to drive viewers. It was very important to us to see that Players Network, the owner of WeedTv, is an established broadcast company with existing distribution relationships that would extend and expand our brands. We look forward to working with the Players Network and WeedTv team to grow this opportunity and eventually launch a standalone WeedTV magazine."
Mark Bradley, CEO of Players Network stated, "To say we are excited about DMH would be a significant understatement. They are an ideal partner to develop the "WeedTv Magazine" as well as to help us develop new promotional campaigns and contests to build audience and subscription membership in the future. Having the WeedTv Magazine allows a perfect vertical media extension that will be cross promoted, where viewers can both read articles in WeedTv Magazine or go to WeedTv and watch a related video story. Bradley adds, having two complementary media platforms and one with a mature loyal readership developed by TRUE of 15 years will offer immediate increased opportunities to our advertisers and sponsors.
Media inquiries contact Lisa Mayo-DeRiso at: 702.576.2659
For Investor inquiries Contact(s): Parker Mitchell 702-575-9157
at: [email protected]
About TRUE Magazine;
TRUE Magazine has positioned its brand as "The Missing Link In Independent Hip Hop & Fashion," making TRUE the Independent Hip Hop Lifestyle Bible that's available online, on mobile phones and in print. TRUE focuses on giving Indie companies a voice that can be heard across the Hip Hop community. By being committed to the community, TRUE gets the chance to showcase tomorrow's mainstream stars, their voice, image and stories first.
With fifteen years promoting Hip Hop, TRUE is reaching more than just readers but a movement of people that change the way we listen to music, dress, speak and live.
Weed Tv is a Lifestyle Channel Destination powered by PNTV's NextGenTV(SM) enterprise platform. WeedTv is the go to source for informational, entertainment, products and services for people who relate to the marijuana lifestyle and social community. Weed TV will feature daily stories sourced by weedtv.com correspondents and contributors from around the world. It will provide a wide variety of editorial content, videos and entertainment including lead stories, political news, business news on the industry, financial analysis from industry experts, growing tips, cooking tips, a "Weed101" section, medical uses, lifestyle features, entertainment specials and merchandise shopping cart offering the latest products and services. www.weedtv.com
About Players Network:
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 and newly added WeedTv. 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 visit www.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.
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