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Posted On: 04/27/2017 11:25:59 AM
Post# of 99207
Posted By: mick
$INMG LOS ANGELES, CA / ACCESSWIRE / April 12, 2017 / Innovativ Media Group, Inc. (OTC PINK: 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 e-commerce 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.

About Innovativ Media Group, Inc.

Innovativ Media Group (Innovativ) is a developer, producer and distributor of digital entertainment and other multi-media content. It distributes the motion picture assets of Lux Digital Pictures and, via New Broadway Cinema, develops adaptations of stage shows utilizing its trademarked DigiTheater™ Virtual Reality process. Innovativ also operates The Alien Interview Channel on YouTube in partnership with Fullscreen, the online channel HPLovecraft.TV and is a principal in the Film Finance Exchange. http://innovativmedia.com

Forward-Looking Statements:

This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such.

Contact:

Investor Relations

info@innovativmedia.com

510-948-4000
SOURCE: Innovativ Media Group, Inc.

© Copyright © 2017 Accesswire. All rights reserved.

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