LAS VEGAS, July 15, 2009 (GLOBE NEWSWIRE) -- Players Network (OTCBB:PNTV), the leading Digital Media Network dedicated to Las Vegas Entertainment and the Gaming Lifestyle, announced today that they signed a distribution deal with NexHorizon, Broadband of Southern California (Pink Sheets:NXHZ).
NexHorizon will be taking Players Network's Vegas on Demand channel into rural American communities across the country, and into the Mexican market. "By signing with NexHorizon," states Mark Bradley, CEO, Players Network, "our company is signaling its commitment to growing a global television brand."
NexHorizon, an up-and-coming global cable provider, has recently signed deals to provide American networks to a growing list of rural American and International destinations, often overlooked by major providers, but equally lucrative in terms of subscribers and sponsorships. Calvin Smiley Sr., NexHorizon's CEO, also envisions their latest move, in acquiring Chula Vista Cable, as their gateway into the Central and South American market, and beyond.
"We are increasing our market share on a global scale," states Bradley, "and by increasing the demand for our programming, we are positioning ourselves for a higher cost per subscriber." In the deal with NexHorizon, Players Network will be receiving a $.05 per subscriber return, in line with other, well-established cable networks.
About Players Network
Players Network is a Digital Media Company that focuses on the Las Vegas and Gaming Lifestyles, producing and distributing original content for its own VOD Channels on television in over 22,000,000 homes over Comcast, DirecTV, AT&T, Verizon and Dish Network and its Broadband Network at www.playersnetwork.com, Blinkx, Google, YouTube and Yahoo Video, for DVD Home Video, mobile platforms, and through worldwide television syndication. Players Network has a 12-year history of providing consumers with quality Gaming and Las Vegas Lifestyle content, and the gaming industry with strategic partnership services in Las Vegas, Atlantic City, and throughout the worldwide Gaming Industry. Corporate website: www.playersnetwork.info
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About NexHorizon Communications, Inc.
NexHorizon Communications, Inc. (NXHZ) is focused on delivering broadband solutions to rural communities through strategic acquisitions and mergers. On January 1, 2008 NexHorizon Communications acquired the assets of Chula Vista Cable, LLC and the stock of National City Cable, Inc., which we renamed NexHorizon Broadband of Southern CA, Inc. ('NBSC').In October 2008, NexHorizon Communications executed a definitive agreement to acquire certain assets and subscribers from Story Communications, passing more than 10,000 homes in the rural communities of Oklahoma. NexHorizon is focused on delivering a true "triple-play" of digital video, High-Speed data, Voice over Internet Protocol (VoIP), and other related broadband solutions. The Company plans to acquire additional rural cable television systems and synergistic technology to assist in executing its Strategic Business Plan.
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.