Entertainment

New York Networks is a dynamic new force in the exciting world of television production and distribution. New York Network is committed to becoming a major supplier of successful animated and live action programming well into the 21st century. By creating a group of fully integrated, multimedia companies, NYN plans to drive revenues and cash flow, while building asset value for its shareholders in an industry that has enjoyed remarkable success on Wall Street.

The television marketplace is growing at an unprecedented rate. Domestically, there are now six television networks and well over 100 cable and pay networks. The international marketplace is growing exponentially, driven by privatization, new technologies and increased viewer demand for quality and diversity in programming. Ancillary rights, including home video, DVD and internet-based promotion and marketing have provided additional revenue streams for the exploitation of copyrighted material.

New York Network believes that the 21st century will continue to provide unparalleled growth opportunities for entertainment-based companies. By combining the unique animation and special effects resources of leading edge digital animation studios with the live action expertise of New York Networks, the Company is well-positioned to develop, produce and acquire important programming assets, which will be exploited, on a global basis, through its marketing subsidiary.

With the recent growth in convergence of television and the Internet, New York Entertainment Internet Productions has made a strategic decision to develop and produce original content for the Internet.