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VANCOUVER, BC / TheNewswire / January 23 2015 -- Gener8 Media Corp. (CSE: GNR) ("Gener8" or the "Company") has repaid its loan to Tianjin Fu Feng Da Movie and Television Investment and Development Co., Ltd. ("FFD") today and terminated the asset purchase agreement between the Company and FFD as well, which will enable the Company to pursue other opportunities. Pursuant to the previously announced amended loan agreement between Gener8 and FFD dated December 12, 2014, the original loan amount of $3 million plus accrued interest was reduced to $1.25 million. Concurrent with the loan repayment, Gener8 is proceeding to discharge all of the related security.

About Gener8

Gener8 Media Corp. is a media technology company led by a team of gaming industry veterans. At the forefront of postproduction, the company earned its stripes by developing a proprietary 3D conversion technology, garnering high-profile credits including Godzilla , Maleficent and 300: Rise of an Empire . Gener8 has since expanded into offering visual effects services and a cloud-based data management and analytics solution called Cumul8. With its focus on developing disruptive solutions that combine design and technology, Gener8 funded and then acquired a majority interest in Reelhouse Media Ltd., an online entertainment distribution start-up. Gener8's head office is located in Vancouver, British Columbia. Visit the company website at www.gener8.com.

On Behalf of the Board of Directors

" Rory Armes"
Rory Armes
Chief Executive Officer and Director

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

Except for statements of historical fact, this news release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" occur. Although Gener8 believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

For more Information, please contact:

Danielle Rockel
Vice President of Corporate Affairs
Danielle@gener8.com
Suite 100, 138 East 7 th Avenue
Vancouver, British Columbia, V5T 1M6
Phone: (604) 669-8885
Fax: (604) 669-8855

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