FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person *   Chachko Paul 2. Date of Event Requiring Statement (Month/Day/Year) 09/22/2011 3. Issuer Name and Ticker or Trading Symbol PLAYERS NETWORK [PNTV] (Last) (First) (Middle) 141 WEST FRONT STREET SUITE 410 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) RED BANK, NJ 07701 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	  (1)	  (1)	Common	275,000	$ 0.1	D	Â
Stock Option	  (2)	  (2)	Common	225,000	$ 0.14	D	Â
Stock Option	  (3)	  (3)	Common	167,000	$ 0.2	D	Â
Stock Option	  (5)	  (4)	Common	166,000	$ 0.2	D	Â
Stock Option	  (5)	  (5)	Common	166,000	$ 0.25	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Chachko Paul 141 WEST FRONT STREET SUITE 410 RED BANK, NJ 07701	Â	Â	Â	Â

Signatures

/s/Paul Chachko		11/14/2011
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Option will vest as to 1/6th of the shares on a monthly basis following the effective date. The option will be fully vested and exercisable six months from the effective date.
(2)	Option will vest as to 1/12th of the shares on a monthly basis following the effective date. The option will be fully vested and exercisable twelve months from the effective date.
(3)	Option will vest as to 1/18th of the shares on a monthly basis following the effective date. The option will be fully vested and exercisable eighteen months from the effective date.
(4)	Option will vest as to 1/12th of the shares on a monthly basis following the effective date. The option will be fully vested six month from the effective date but exercisable only if the Company receive private financing of not less than $1,000,000 within 18 months after the effective date.
(5)	Option will vest as to 1/12th of the shares on a monthly basis following the effective date. The option will be fully vested from the effective date but exercisable only if the six month moving average of the Company's per share price is $0.25 of more for any six month periods after the first six months following the effective date.

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