Players Network Announces the Release of Its 10-K and Repositioning Statement.

LAS VEGAS -- Players Network (OTCBB:PNTV) announced today that it has filed its Form 10-K for the year ended December 31, 2006, outlining the dramatic repositioning of the company that, as a result of substantial distribution agreements signed during 2006, has led to Players Network becoming one of the world's leading Digital Television and Broadband Gaming Lifestyle Entertainment Networks.

The report's Management Discussion section details how the Company's continuing growth is leading Players Network to become the media brand to the $70 billion Gaming Industry much like MTV is to music, and ESPN is to sports. The report details Players Network's long term distribution agreement with Comcast Communications, North America's largest cable company, on which the company's "Vegas on Demand" VOD Channel is available in 13-million homes; its partnerships with Google Video and Google.co.uk, and the re-launch of its own Broadband Video On Demand Internet Channel www.PlayersNetwork.com, all leading to over 2,000,000 monthly views of its original videos.

"Players Network's history of producing original television programming in Las Vegas has earned the company the trust and respect of the Gaming Industry, which allows us insider access to film in casinos and entertainment venues throughout Las Vegas," said Mark Bradley, CEO of Players Network. "This unprecedented access has helped Players Network build its proprietary library to over 850 original Gaming and Las Vegas Lifestyle videos and television programs. With advancing technology and the convergence of Television, Broadband and Mobile distribution platforms, we have been able to advance our business model far beyond advertising alone."

Bradley added, "Media companies traditionally have extremely high market values, even those that serve much smaller industries than the gaming industry. We feel extremely fortunate to be one of the first digital media companies in this new world of communications, and the one that is positioned to become the brand name in gaming lifestyle television."

To read Players Network's complete 10-K report, click here, http://sec.gov/Archives/edgar/data/1037131/000114420407018515/v070311_ 10ksb.htm (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) or go to SEC filings and learn the details about the Company's expanded Distribution, Programming, Revenue Streams and plans for future expansion.

About Players Network

Players Network is a Media, Marketing and Merchandising Company focusing on the Gaming Lifestyle, producing and distributing original content for its own VOD Channel on Comcast in 13 million homes, for its Broadband Network at www.playersnetwork.com or DVD Home Video, mobile platforms, and through worldwide television syndication. Players Network has a milti-year history of providing consumers with quality gaming lifestyle content, and providing the gaming industry with strategic partnership services in Las Vegas, Atlantic City, and throughout the worldwide gaming industry.

Forward-looking Statement

Forward-looking statements in this report are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. We wish to advise readers that actual results may differ substantially from such forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by the statements, including, but not limited to, the following: our ability to meet our cash and working capital needs, our ability to successfully market our product, and other risks detailed in our periodic report filings with the Securities and Exchange Commission.