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NOSTALGIA NETWORK ANNOUNCES ENGAGEMENT OF DANIELS & ASSOCIATES

 LOS ANGELES, July 14 /PRNewswire/ -- The Nostalgia Network, Inc. (OTC: NNET) today reported that it has engaged Daniels & Associates to assist in seeking a transaction aimed at maximizing the value of the company for all shareholders. Daniels and Associates is a investment bank specializing in the cable-TV industry and was founded by industry pioneer Bill Daniels.
 The Nostalgia Network is the only 24-hour basic cable television service that targets the rapidly growing and increasingly affluent market of active adult Americans over 45 by offering entertainment, lifestyle and informational programming and currently serves more than 14 million subscribers via satellite to approximately 740 cable television systems throughout the United States.
 -0- 7/14/93
 /CONTACT: James K. Merrill of Merrill & Associates, 619-431-5544, or Desmond Towey and George Robinson of Desmond Towey & Associates, 212-888-7600, all for Nostalgia Network/
 (NNET)


CO: Nostalgia Network, Inc.; Daniels & Associates ST: California IN: ENT SU:

PS -- NY058 -- 1422 07/14/93 12:37 EDT
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Publication:PR Newswire
Date:Jul 14, 1993
Words:157
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