CannaNet.TV is an online, ad supported channel which will stream curated and original entertainment,
informational and educational content related to the Cannabis culture and industry.
CannaNet.TV will offer worldwide audiences a broad mix of live action and animated series,
specials, news programs, music videos and tutorials in both English and German.
NNOVATIV MEDIA GROUP (INMG) ACQUIRES CANNANET.TV Cannabis related entertainment and informational channel to launch this year
LOS ANGELES, CA – April 12, 2017 – (IHub News Wire), Innovativ Media Group, Inc. (OTCPK:INMG) (“Company”), a multi-media content producer and distributor, today announced it has acquired the media assets of Canna TV OÜ and will be launching a new online, ad supported platform and channel CannaNet.TV http://cannanet.tv/ which will stream curated and original entertainment, informational and educational video content related to the Cannabis and CBD culture and industries.
CannaNet.TV http://cannanet.tv/ will program a broad mix of live action and animated series, news shows, specials, music videos and tutorials on an independent platform and expects to eventually offer interactive and ecommerce applications.
“Successful new video networks require large, organized communities and clearly defined audiences and we believe the burgeoning Cannabis space will enthusiastically respond to and support a professionally programmed and managed channel” said Company CEO Tom Coleman. Coleman continued “When these assets became available we moved fast as they will give us a foundation to jump start and develop the network. We expect the platform will be an attractive advertising medium for a wide range of Cannabis and CBD related businesses, products and services looking to target customers, which to date, have had limited online advertising options”.
CannaNet.TV http://cannanet.tv/ is scheduled to be first available in the 4th Quarter 2017.
INNOVATIV MEDIA GROUP (INMG) POSTS RECORD 2016 FINANCIAL RESULTS
Revenues increase over 88% and EBITDA over 2200%
LOS ANGELES, CA -- March 9, 2017 -- InvestorsHub NewsWire -- Innovativ Media Group, Inc. (OTCPK:INMG) (“Company”), a multi-media content producer and distributor, today announced record results for its fiscal year ended December 31, 2016. Company revenues increased over 88% from $98,792 to $185,995 and EBITDA increased by over 2200% from $1,880 to $43,552, the highest in Company history. The Company has posted 6 Quarters of successive earnings since acquiring the Innovativ Media entertainment assets in mid-2015.
“The INMG media assets provide the Company with a stable and reliable base from which we intend to build upon in the coming months with several new projects we have been developing” said Company CEO Tom Coleman.