SOURCE: Blackout Media Corp.

January 25, 2006 09:00 ET

Blackout Media Inc. Announces It Has Purchased an Interest in Another New Digital Specialty Network in Canada -- THE WAGERING NETWORK

TORONTO -- (MARKET WIRE) -- January 25, 2006 -- Blackout Media (OTC: BKMP) announced today that it has completed its purchase of a 20% stake in another new specialty digital network called The Wagering Network - TWN, through Blackout Communications Inc. for an undisclosed amount of stock and cash.

Blackout Communications is a new media company dedicated to providing new and innovative products in the television, radio, publishing, music and interactive spaces, to the masses.

"Welcome To The Wagering Network," a new 24-hour specialty service dedicated to giving fans of gambling and wagering an all-inclusive source for all their wagering and betting needs.

This channel, unlike any other channel that exists today, will be sports fans' one stop to get all the information to bet on any event worldwide. The channel will offer lines on every event around the globe, no matter what it is or where it is happening, plus information and how-to programming on the art of wagering.

TWN-The Wagering Network has established, as its goal and mission, to create a unique and highly innovative specialty service that wagering fans from around the globe will come to identify as the number one brand in broadcasting as the source for information in the world of gambling.

More about The Wagering Network Inc.:

The Wagering Network Inc. was granted a Category 2 broadcast license to operate in Canada a twenty-four hour specialty channel to be billed as: TWN-The Wagering Network.

This license was approved by the Canadian Radio and Television Commission ("CRTC") which is the governing body in Canada that legislates and approves the operating of broadcast services.

About Blackout Media Corp.:

Blackout Media Corp. is a holding company with an interest in Blackout Communications, who is a diversified media and entertainment company conducting operations in digital television, VOD, PPV, radio the internet and print under the brand name "The Fight Network." The activities of Blackout Media Corp. are conducted principally in Canada and the United States. www.blackoutmedia.com (coming soon).

Safe Harbor

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

URL: www.blackoutmedia.com / www.thefightnetwork.com / www.liveaudiowrestling.com

Contact Information

  • Investor Relations:
    CONTACT:
    Blackout Media Corp.
    Telephone 416-987.2136
    Fax 416 348.9418
    E-mail ir@blackoutmedia.com