PLAINVIEW, NY--(Marketwired - March 08, 2016) - NeuLion, Inc. (TSX: NLN), a leading technology product and service provider specializing in the broadcasting, distribution and monetization of live and on-demand digital video content to Internet-enabled devices, today announced that its board of directors has authorized the repurchase of up to US$10 million of NeuLion's common stock over the next 12 months. The repurchase plan is subject to approval by the Toronto Stock Exchange ("TSX") prior to commencement. Repurchases will be made in open market transactions pursuant to a trading plan meeting the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934 and will comply with Exchange Act Rule 10b-18 and the rules and regulations of the TSX and Canadian securities laws. The Company intends to submit an application to the TSX for approval of a normal course issuer bid, or NCIB, later this week.