Private Media Group Gives Up Sureflix as Part of Settlement

TORONTO — Private Media Group has divested itself of its Sureflix Digital Distribution division, releasing the gay adult company to its original ownership as part of a settlement agreement.

The deal settles claims made by shareholders Eric Johnson, Erik Schannen and Michel Lozier alleging Private Media Group made material misrepresentations to induce the o­riginal owners into a deal to acquire it, as well as other allegations.

Sureflix of Toronto was acquired by Private Media Group in October 2009. Sureflix operates a network of gay pay-per-view VOD websites and supplies gay adult programming under the MaleFlixxx brand.

"Pursuant to the settlement agreement, the company transferred back to Messrs. Schannen, Lozier and Johnson all of the outstanding capital stock of [Sureflix]," Private Media Group said in a statement.

Private Media Group said that Johnson, who led Private during receivership, will remain as a director on the company's board.

In late May, Private Media Group also agreed to give up its GameLink division as part of a settlement deal with former Private Media Group CEO Ilan Bunimovitz and a number of investors.

Private Media Group transferred all of the outstanding stock in GameLink's operating parent companies ThinkForward Inc. and GreenCine Inc. to Bunimovitz, as well as investing shareholders Andrew Sullivan and Peter Marinac.

Both the GameLink and Sureflix settlement agreements culminate several years of wrangling in Nevada courts between Consipio Holding BV investors and Private Media Group. Plaintiff shareholders had claimed the company had been rocked by embezzlement, among other charges, from moves made by former CEO Berth Milton and former directors. In the end, the company changed its front office and board of directors.

Charles Prast, the current Private Media Group CEO, and Johnson both were unable to be reached for comment Monday evening by XBIZ.

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Irish Government Releases Report on Sex Work Decriminalization Legislation

The Irish government has released a report reviewing a 2017 law that decriminalized sex work across the country.

Texas Bill Would Require Age Verification for Online Sex Toy Sales

A new bill in the Texas state legislature would require online retailers to implement age verification of purchasers before selling “obscene devices” to anyone in that state.

New York Assemblyman Proposes Banning the Term 'Sex Work'

Republican New York Assembly Member Brian Maher has introduced a bill to prohibit the use of the term "sex work" in government documents.

Age Verification Watch: Michigan Joins the AV Club, Some Laws Just Make No Sense

This roundup provides an update on the latest news and developments on the age verification front as it impacts the adult industry.

Free Speech Groups Back SCOTUS Appeal of Georgia Strip Club Tax

Two civil liberties organizations filed an amicus brief Tuesday supporting a petition asking the U.S. Supreme Court to hear an appeal in a case involving whether a tax specifically aimed at adult entertainment establishments violates the First Amendment.

Creator Networking App 'Plaiir' Launches

Plaiir, a mobile networking app for creators, has officially launched.

Swedish Court Rules LELO Products Do Not Infringe 'Invalid' Satisfyer Patent

A Swedish district court has ruled that a patent filed by Satisfyer parent company EIS GmbH is not valid, and therefore three products from pleasure brand LELO are not in violation.

North Dakota House Committee Questions Anti-Porn 'Public Health Hazard' Claim

The North Dakota House of Representatives Education Committee on Monday amended a resolution that would have recognized pornography as a “public health hazard,” instead replacing that language with a call for further study into whether such a designation is appropriate.

Adult Site Broker Relaunches Site

Adult Site Broker has relaunched its website with several updates.

Pink and White Productions Relaunches PinkLabel.TV

Pink and White Productions has relaunched its PinkLabel.tv streaming platform.

Show More