Network Entertainment Teams Up with Steve Nash and Meathawk Productions on Basketball Docu-Series

Friday, 18 January 2013 08:27 AM

VANCOUVER, British Columbia, January 18, 2013 - Network Entertainment Inc. ("Network"), a subsidiary of Network Media Group Inc (TSX-V: NTE), is pleased to announce a partnership with Steve Nash and his Meathawk Productions banner to develop an unscripted television docu-series for the global market. The project will explore and celebrate the explosion in popularity of the game of basketball all over the world, and will be presented by one of the greatest basketball players ever to step on the hardwood, Steve Nash.

The series will be co-produced by Network Entertainment and Meathawk Productions, which is owned by Steve Nash and filmmaker Ezra Holland.

"I am a huge believer in the ability of sports to connect people of all ages, cultures and races, and basketball as a global game delivers that connection every day." states L.A. Laker superstar Steve Nash, "My hope is to bring about greater understanding between people by telling similar stories from around the world about the undying passion that different cultures have for the game of basketball."

"I've been a diehard basketball fan since the day my dad put a hoop up in our backyard when I was four years old.", says Network President and COO Paul Gertz. "The opportunity to work with a personal hero like Steve Nash to bring to a North American audience a unique worldwide perspective to the game that we all love makes this truly a dream project."

"We're very pleased to be collaborating with Network Entertainment on this project about a sport that is obviously very close to our hearts", adds Brandon Kou, General Manager of Steve Nash Enterprises. "Steve, Ezra and I all jumped at the opportunity to dig deep into the soul of a game that has now literally burst onto the world stage."

About Meathawk Productions. Meathawk Productions is a film production company founded by basketball superstar Steve Nash and filmmaker Ezra Holland, with the mission to produce independent films for the worldwide market. The company's credits include an acclaimed Nike commercial spot titled "The Sixty Million Dollar Man", and the documentary Into the Wind for ESPN's 30 for 30 series, which told the story of iconic Canadian athlete and activist Terry Fox.

About Network Entertainment Inc. Network Entertainment Inc., founded in 1999 and headquartered in Vancouver, BC, is the operating subsidiary of Network Media Group Inc. It is an established television and film production company with an award-winning international reputation. Network's programming has been showcased at marquee film festivals and by broadcasters throughout North America including ABC, ESPN, ESPN Classic, CBC, CTV, Global Television, Headline Sports, The Biography Channel, The History Channel, OLN, Spike, TSN and Versus.

Network's past projects and current productions can be viewed at www.networkentertainment.ca

For further information concerning this press release, please email [email protected]

ON BEHALF OF THE BOARD OF DIRECTORS OF

NETWORK MEDIA GROUP INC.

"Derik A. Murray"

Derik A. Murray

Chief Executive Officer and Director

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.

Except for historical information contained herein, this news release contains forward-looking

statements that involve risks and uncertainties. Actual results may differ materially. 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. More detailed information about

potential factors that could affect financial results is included in the documents filed from time to

time with the Canadian securities regulatory authorities by the Company.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

OR DISSEMINATION IN THE UNITED STATES