Mr. Rory Armes reports

GENER8 ANNOUNCES ITS SECOND QUARTER RESULTS

Gener8 Media Corp. has released its unaudited financial results for the second quarter ended June 30, 2014. (All figures are in Canadian dollars.)

Second quarter 2014 financial highlights:

• Revenue for the quarter was $6,346,007, a 54-per-cent increase over first quarter 2014 and an 88-per-cent increase over second quarter 2013.
• Revenue for the first six months of 2014 reached $10,477,346, which exceeds every previous years total annual revenue.
• Net income for the three months ended June 30, 2014, was $503,811, an increase of 111 per cent, compared with the three months ended June 30, 2013.

Second quarter 2014 operational update:

• Gener8 completed the 3-D conversion of Godzilla and Maleficent, both theatrically released in May, 2014.
• The company commenced the 3-D conversion of The Grandmaster, set to release in China later this year.
• Gener8 increased its equity investment in Reelhouse from 66 per cent to 70 per cent.

              SECOND QUARTER FINANCIAL SUMMARY 

                                Three months ended         
                            June 30, 2014 June 30, 2013

Revenue                        $6,346,007    $3,384,243
Net income (loss) and
comprehensive income
(loss)
attributable to the
shareholders of the
company                           503,811    (4,451,338)
Basic income (loss) per share        0.01         (0.11)

FFD transaction update

Gener8 continues to work toward closing its partnership agreement with Tianjin Fu Feng Da Movie & Television Technology Investment and Development Co. Ltd. The final stage of government approval for the transaction is required from China's State Administration of Foreign Exchange. The requisite documentation was filed by FFD with SAFE on Aug. 1, 2014. Once the SAFE certification is received by FFD, the parties can proceed toward closing.

We seek Safe Harbor.