LAS VEGAS, April 27, 2011 (GLOBE NEWSWIRE) -- Players Network (OTCBB:PNTV), the leading Television and New Media Digital Network dedicated to Las Vegas Entertainment and the Gaming Lifestyle, announces its CEO Mark Bradley invested $200,000 in the company.
Mr. Bradley bought 869,565 shares of the Company's common stock at $0.23 per share last Friday, which was 31% over the 10-day moving average in what he called a vote of confidence in the company's future. In addition, Mr. Bradley purchased a three-year warrant exercisable for 869,565 shares at $0.41 per share.
"Given the tremendous growth of emerging media markets and Players Network's established relationships with significant distribution partners, and its experienced management team, I feel the future has never been brighter for the company," stated Mr. Bradley.
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About Players Network
Players Network is a Television and Digital New Media Company that develops and owns new Channel Destinations. Players Network, Vegas on Demand, Sexy Sin City TV, which are focused on Las Vegas and Gaming Lifestyles are the lead channels. Players Network produced and distributes original content for its own VOD Channels on television in over 29,000,000 homes over Comcast, DirecTV, AT&T, Verizon and Dish Network and its own Broadband Network, Hulu, Blinkx, Google, YouTube and Yahoo Video, for DVD Home Video, mobile platforms, and through worldwide television syndication. Players Network has a program library of over 1600 titles. Players Network has a 12-year history of providing consumers with quality Gaming and Las Vegas Lifestyle content, as well as strategic partnership services in Las Vegas, Atlantic City, and throughout the worldwide gaming industry. For more information go to
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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.
CONTACT: Leslie Thomas, 702-734-3457