Rapid Fitness has sold all its Media assets to Global TV Network which included the Kid's Music Television Network, IPTV Sports Network and Entertainment Network with its Internet Equipment. Global TV Network has completed the definitive agreements with UC Hub, Inc. regarding Global TV Network sale of its assets and ISP and online content providing portal. While the terms of the sale will remain undisclosed, management stated that shareholders of Rapid Fitness can anticipate a dividend, regulating to the sale, to be announced in the near future.