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Players Network Succeeds in the Motions to Dismiss the Company’s $150 Million Complaint Against Comcast

LAS VEGAS, NV / ACCESSWIRE / February 4, 2015 / Players Network (PNTV), is a diversified holding company in media and new technologies announced yesterday that The U.S. District Court for Nevada released its opinion regarding Comcast Inc.’s (the Defendants) Motion to Dismiss the Complaint of Players Network Inc. (the Plaintiff) eight causes of action.

Players Network (The Plaintiff) received the order on the 12(b)(6) motion filed by Defendant, after eight months of deliberation by the court, Judge Navarro ruled on the 8 causes of action filed in the original complaint by the Plaintiff as follows, 2 were dismissed with prejudice, 4 were sustained for Defendants with leave to amend by the Plaintiff before March 5, 2015 and 2 permitted for Plaintiff on two causes of action.

The Plaintiffs attorney Barney Ales of Las Vegas, Nevada stated “I look forward to filing an amended complaint against Comcast by March 5th 2015, the deadline set by Federal Court, and thereafter conducting further discovery by taking additional depositions, all of which will be scheduled once the amended complaint is filed.”

Mark Bradley C.E.O. of Players, reached for comment stated, “Comcast’s attempt to have the case completely thrown out of court was unsuccessful and that the Judge granted Players Network the right to amend its complaint to set forth additional allegations. This motion further confirms the validity of our complaint, the discovery process including depositions has already begun in the case and will continue when the amended complaint is filed.”

About Players Network:

Players Network is a diversified company with holding in Medical Marijuana and Media. The Medical Marijuana asset is primarily through the Company’s 80% ownership in Greenleaf Farms Holdings. The Company that uses its proprietary Enterprise Web Platform to develop Branded Digital Lifestyle Television Networks for itself and its partners in a wide range of lifestyle categories. Players Network’s current original channels, “Players Network,” “Vegas on Demand,” “Real Vegas TV,” focus on Las Vegas and Gaming Lifestyles. The newest channel “WeedTV.com” focuses on the rapidly expanding cannabis community. These channels are distributed over PNTV’s owned and operated VOD Channels on TV in over 23,000,000 homes over Comcast, its Broadband Network and Mobile Platforms, on Hulu, Google, YouTube, Blinkx and Yahoo Video, on DVD, and through worldwide television syndication. For more information please visit www.playersnetwork.com.

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:

Media Inquiries:
Lisa Mayo-DeRiso
702-576-2659

For Investor Inquiries:
Parker Mitchell
702-575-9157

SOURCE: Players Network


MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
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