Monaker Group Inc fka MKGI (MKGI)

[Vigo]

Next 1's TV Network to Re-Launch With Upgraded Programming & Sponsors

http://finance.yahoo.com/news/Next-1-TV-Network-Re-Launch-iw-4092139111.html?x=0

FORT LAUDERDALE, FL--(Marketwire -08/25/11)- Next One Interactive, Inc. (OTC.BB: NXOI.OB - News) announced today that, after many months of negotiations, it plans to resume broadcasting of its television network in the last half of September, via satellite on Channel 321 and via broadband on RRTV.com, as part of recently executed agreements. The network will feature a fresh line-up of programs showcasing vacation resorts, real estate, travel, boating, water sports, and recreational and leisure activities. In addition to the new programming line-up, the Company has worked on key sponsorship and advertising commitment agreements which currently total over $4.5 million in the first year to cover operational costs.

"With the new programming, operations, sponsorship and advertising commitments largely in place, I believe we can re-launch the network knowing virtually all the network operating costs are covered and additional daily timeslots are still available to further promote and capture additional revenue opportunities in the travel and real estate arenas," says CEO, William Kerby.

By late fall, viewers can look forward to a significantly enhanced line-up of new programming along with "Specialty Programming" such as Travel and Real Estate Auctions. Additionally, the network will also be able to promote its Video on Demand (VOD) platforms.

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