Cricket Media Group announced that the terms of a revolving loan facility in favor of Cricket Media have been amended to extend the repayment date of all outstanding principal and interest from September 30, 2015 to April 30 2016.

Pursuant to the loan facility, Cricket Media is entitled to borrow up to a maximum of $3.5 million from ZG Ventures. All other terms of the loan facility remain unchanged.

Cricket Media is an education media company that provides award-winning content on a learning network for children, families and teachers across the world.