 |
 | |
 |
 | |
 |
 | |
 |
 | |
 |
 | |
 |
 | |
 |
 | |
 |
 | |
 |
 | |
|
||
News Release
|
YALETOWN ENTERTAINMENT CORP. 407 - 535 Howe Street, Vancouver, B. C. V6C 2Z4 Tel: (604) 688-0118 Fax: (604) 688-3348 CUSIP# 984909101 Rule 12g3-2(b)# 82-4336 |
Wednesday, March 15, 2000
CDNX Trading Symbol: YAL
VANCOUVER, B. C., CANADA ------Yaletown Entertainment Corp. (the "Company") is pleased to make the following announcement:
LOCK-UP AGREEMENT WITH NORTH INDIA TELEVISION
The Company announces that it has entered into a lock-up agreement with North India Television Ltd., New Delhi, pursuant to which the Company has secured the exclusive right to negotiate the exclusive worldwide re-broadcast license for all media including digital media for all programming carried by North India Television. North India Television owns Channel Punjabi, a satellite based free-to-air Punjabi language television channel which holds the exclusive right to broadcast twice daily the Gurbani Kirtan, the religious services central to the Sikh religion, twice daily live from within the Golden Temple at Amritsar. The remainder of the daily programming is a balanced mix of family and community oriented programs of interest to a broad base of Sikhs and Punjabi speaking peoples. North India Television will also assist in negotiations to license certain international marketing rights to certain trademarks, trade names and logos.
Yaletown Entertainment Corp. is an award winning television and movie producer listed on the Canadian Venture Exchange under trading symbol YAL.
For further information, please contact Mr. John Cumming, Chief Executive Officer, or Roger Kelly, Manager of Corporate Communications, at telephone 604.688.0118 or check out our web site at www.yaletownentertainment.com.
John C. R. Cumming
John C. R. Cumming, Director, Chairman & C.E.O.
THE CANADIAN VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE CONTENTS OF THIS PRESS RELEASE.
|-Contact-|-HOME-|-Weird Homes-|-Weird Weddings-|
Yaletown Entertainment Corporation, Vancouver B.C. Canada
tel: (604) 669-3543 - Executive/Production Offices
Canadian Venture Exchange: ECY