TORONTO -- (MARKET WIRE) -- 09/27/06 -- Blackout Media Corp's (PINKSHEETS: BKMP) The Fight Network™, North America's first and only twenty-four (24) hour combatant sports and entertainment channel, announced today that it has acquired the Canadian broadcast rights to Versus's "Fight Night" boxing series. Versus is the new name of the American version of the Outdoor Life Network or ("OLN").

"Fight Night" is a twice-monthly night of boxing action -- promoted exclusively by Bob Arum's Top Rank -- featuring the best in today's rising superstars of boxing, as well as full retrospectives of classic battles from the past, featuring greats like Ali, Frazier, Foreman and Duran.

"We're absolutely thrilled to be able to showcase top-notch programming like Versus's 'Fight Night' to our audience here in Canada," said Brian Sobie, VP of Programming for The Fight Network.

"It's so rare to be able to feature terrific young fighters in compelling match-ups, and pristine classic footage from the past in one offering. We're very excited about this deal."

Versus's "Fight Night" is actually two shows in one package and The Fight Network will be simulcasting both "Fight Night Live" and "Legends of the Ring" live at 9:00 PM Eastern every Thursday night beginning September 28th.

"Fight Night Live," hosted by seasoned play-by-play man Bob Papa and color commentator Wallace Matthews, features today's top fighters -- like Brian "The Hawaiian Punch" Villoria, Kid Diamond and Carlos "Famoso" Hernandez -- in tough, compelling live match-ups.

"Fight Night: Top Rank's Legends of the Ring," hosted by Michael Buffer, gives fight fans the chance to enjoy classic battles, and hidden gems, from Top Rank's vast fight archive.

Buried treasures such as Muhammad Ali vs. Joe Frazier II, Muhammad Ali vs. Ken Norton I, Roberto Duran vs. Davey Moore, and George Foreman vs. Tommy Morrison, are finally unearthed for fight fans to savor and marvel at once again.

"'Fight Night' is really a unique idea in that it offers fight fans of every stripe exactly what they want every month. Whether it's a look at the future movers and shakers in the sport, or the legends that made boxing so great in the first place," said Victoria Quoss, VP of Programming for Verus.

"And we're very happy to have a network like The Fight Network on board to bring this great series into the homes of boxing fans across Canada."

About The Fight Network:

The Fight Network is a cross-platform media company with brand interest in television, pay-per-view, radio, mobile and web. All five of these media are seamlessly integrated to offer fans of combatant sports and related entertainment a true convergence experience. The Fight Network Inc. corporate headquarters is located in Toronto, Canada. The Fight Network's Website is: www.thefightnetwork.com.

About Versus:

Versus (versus.com) is the national cable home of the National Hockey League (NHL) and the Stanley Cup Playoffs as well as best-in-class events like The Tour de France, the America's Cup, the Dakar Rally, the Professional Bull Riders (PBR), Professional Boxing, the Boston Marathon, AMA Motocross and Davis Cup. Now in more than 70 million homes, the network features the best field sports programming on television and is a destination for sports fans, athletes and sportsmen to find exclusive, competitive events that audiences can't find elsewhere. The network offers unique, competition-themed original programming and is the exclusive home of Survivor in syndication. OLN, a wholly owned company of Comcast Corporation, is distributed via cable systems and satellite operators throughout the United States.

About Blackout Media Corp.:

Blackout Media Corp. is a holding company with an interest in Blackout Communications, who is a diversified media and entertainment company conducting operations in digital television, VOD, PPV, radio the Internet and print under the brand name "The Fight Network." The activities of Blackout Media Corp. are conducted principally in Canada and the United States.

Safe Harbor

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

Investor Relations:

CONTACT:
Blackout Media Corp.
Telephone 416-987.2133
Fax 416 348.9418
E-mail ir@blackoutmedia.com

URL: www.thefightnetwork.com / www.liveaudiowrestling.com

Media Contact:

Stephen Murdoch
OEB International c/o The Fight Network Inc.
Public Relations/Public Affairs
Tel: (905) 682-7203 extension 22
Fax: (905) 682-7481
E-mail: smurdoch@oeb.com