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International Entertainment News

Thursday, March 31, 2005

Neighbors Give Life(TM) Campaign Challenges Neighbors Across the Country to Give the Gift of Life Through Blood Donations

Neighbors Give Life(TM) Campaign Challenges Neighbors Across the Country to Give the Gift of Life Through Blood Donations

State Farm(R), the American Red Cross and Tim McGraw Band Together to Raise Public Awareness of the Need for Blood Donations

BLOOMINGTON, Ill., March 31 /PRNewswire/ -- Grammy-winning music sensation Tim McGraw, State Farm and the American Red Cross are challenging neighbors across the country to give blood by making an appointment to donate or by visiting their local blood drive.

(Photo: http://www.newscom.com/cgi-bin/prnh/20050331/NYTH064 )

From March 31 to September 5, the Neighbors Give Life campaign will raise awareness about the importance of giving blood and the difference that even one donation can make. Visit http://www.neighborsgivelife.com/ to learn more about the program, how to schedule an appointment and how giving blood makes a strong impact in local communities.

"As part of the Neighbors Give Life campaign, I'm encouraging people to donate blood and donate often," said Tim McGraw. "With State Farm and the American Red Cross, I challenge all people to give the gift of life and make a difference in their community and communities across the country by donating blood this year."

Something to Sing About

In 2005, State Farm is donating $1 million to the American Red Cross. The Neighbors Give Life campaign challenges people across the country to support the American Red Cross and the ongoing need for blood donations.

In addition to the blood donation challenge, State Farm is sponsoring the Neighbors Give Life Sweepstakes, so visit http://www.neighborsgivelife.com/ to enter for a chance to win. Prizes include:

-- Trip for two to the Country Music Association Awards -- Trip for two to a Tim McGraw concert -- Tim McGraw tour jackets (some autographed) -- Tim McGraw "Live Like You Were Dying" CDs (some autographed) -- Collectible Neighbors Give Life T-shirts (some autographed) -- Collectible Neighbors Give Life wristbands

Winning participants will be notified instantly of their prizes. (No purchase or blood donation is required to participate in the sweepstakes.)

"We admire the American Red Cross and its continued efforts to make a difference in its local communities," said Edward B. Rust, Jr., State Farm Chairman and CEO. "State Farm and its 17,000 agents across the country are committed to building stronger neighborhoods. Neighbors Give Life does just that."

Small Donation, Big Impact

People commonly underestimate the need for blood and the difference that even one donation can make to ensure blood is available when and where it's needed. Every two seconds, someone in the U.S. needs blood. The blood donation process only takes about one hour to complete. This small time commitment has a big impact since one donation could save the lives of up to three people.

To donate blood, individuals must meet the following general guidelines:

-- Be in good health -- Be at least 17 years old, and -- Weigh at least 110 pounds

"As much as 60 percent of the U.S. population is eligible to donate blood; unfortunately, only five percent of those eligible to donate blood actually do in any given year. The Neighbors Give Life Campaign is helping educate people about the regular and ongoing need for blood," said Marsha J. Evans, President and CEO of the American Red Cross. "Every blood donation can help make a difference for someone in need of blood."

For more information about Neighbors Give Life or donating blood, visit http://www.neighborsgivelife.com/.

About State Farm(R)

State Farm(R) insures more cars than any other insurer in North America and is the leading U.S. home insurer. State Farm's 17,000 agents and 76,000 employees serve nearly 73 million auto, fire, life and health policies in the United States and Canada. State Farm also offers financial services products. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 18 on the Fortune 500 list of largest companies. For more information, please visit http://www.statefarm.com(r/) or in Canada http://www.statefarm.ca/ .

About The American Red Cross

Governed by volunteers and supported by community donations, the American Red Cross is a nationwide network of nearly 900 field units dedicated to saving lives and helping people prevent, prepare for and respond to emergencies. Led by 1 million volunteers and 35,000 employees, the Red Cross annually mobilizes relief to families affected by more than 70,000 disasters, trains almost 12 million people in lifesaving skills and keeps U.S. military families connected worldwide. The American Red Cross provides nearly half of the nation's blood supply (collecting more than 6 million units a year from volunteer donors) to patients in 3,000 hospitals across the country through its national network. Every two seconds, someone in America needs blood. The Red Cross must collect blood donations each and every day to meet the needs of accident victims, cancer patients and individuals with blood disorders, and the organization works to accomplish this through its 36 Blood Services regions. Please call today to make your appointment to give the gift of life. Call 1-800-GIVE-LIFE to schedule your donation or to sponsor a blood drive. Marsha J. Evans is the President and CEO of the American Red Cross.

For more information about this promotion, please call the American Red Cross at 1-800-797-8022, or email the American Red Cross at info@usa.redcross.org. The American Red Cross name and emblem are used with its permission, which in no way constitutes an endorsement, express or implied, of any product, service, company or individual.

About Tim McGraw

Tim McGraw has been a member of the American Red Cross National Celebrity Cabinet since its inception in 2002. He set new sales standards with his recent Live Like You Were Dying album. It debuted with sales nearing 770,000, the fifth highest debuting album in country music history. McGraw re-wrote chart history when the title track spent a record setting 10 weeks atop the country singles chart and has established himself as a triple threat entertainer. He's maintained his stature as one of the most dominating performers in music, wowed audiences with his film debut in Friday Night Lights, gave NBC Television 2 highly rated concert specials (2002 & 2004) and his duet with R&B artist Nelly on "Over And Over" sat atop Billboard's Top 40 Chart for over 12 weeks. And with all of these career accolades he holds his relationships with his wife and three daughters as the true accomplishments of his life. For more information, visit http://www.timmcgraw.com/ .

Contacts: Melissa Ristau GolinHarris (312) 729-4224 Umristau@golinharris

Mia Jazo-Harris State Farm Insurance (309) 766-5242 mia.jazo-harris.sfdx@statefarm.com

Michelle Hudgins American Red Cross (202) 303-5643 HudginsM@usa.redcross.org

Jessie Schmidt Schmidt Relations for Tim McGraw (615) 846-3878

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050331/NYTH064 AP Archive Topic Gallery: http://photoarchive.ap.org/ AP PhotoExpress Network: PRN2 PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840 Source: State Farm

CONTACT: Melissa Ristau of GolinHarris, +1-312-729-4224, Umristau@golinharris; Mia Jazo-Harris of State Farm Insurance, +1-309-766-5242, mia.jazo-harris.sfdx@statefarm.com; Michelle Hudgins of American Red Cross, +1-202-303-5643, HudginsM@usa.redcross.org; Jessie Schmidt of Schmidt Relations for Tim McGraw, +1-615-846-3878, all for State Farm

Web Site: http://www.neighborsgivelife.com/ http://www.statefarm.com/ http://www.timmcgraw.com/

------- Profile: Ent

International Entertainment News

Neighbors Give Life(TM) Campaign Challenges Neighbors Across the Country to Give the Gift of Life Through Blood Donations

Neighbors Give Life(TM) Campaign Challenges Neighbors Across the Country to Give the Gift of Life Through Blood Donations

State Farm(R), the American Red Cross and Tim McGraw Band Together to Raise Public Awareness of the Need for Blood Donations

BLOOMINGTON, Ill., March 31 /PRNewswire/ -- Grammy-winning music sensation Tim McGraw, State Farm and the American Red Cross are challenging neighbors across the country to give blood by making an appointment to donate or by visiting their local blood drive.

(Photo: http://www.newscom.com/cgi-bin/prnh/20050331/NYTH064 )

From March 31 to September 5, the Neighbors Give Life campaign will raise awareness about the importance of giving blood and the difference that even one donation can make. Visit http://www.neighborsgivelife.com/ to learn more about the program, how to schedule an appointment and how giving blood makes a strong impact in local communities.

"As part of the Neighbors Give Life campaign, I'm encouraging people to donate blood and donate often," said Tim McGraw. "With State Farm and the American Red Cross, I challenge all people to give the gift of life and make a difference in their community and communities across the country by donating blood this year."

Something to Sing About

In 2005, State Farm is donating $1 million to the American Red Cross. The Neighbors Give Life campaign challenges people across the country to support the American Red Cross and the ongoing need for blood donations.

In addition to the blood donation challenge, State Farm is sponsoring the Neighbors Give Life Sweepstakes, so visit http://www.neighborsgivelife.com/ to enter for a chance to win. Prizes include:

-- Trip for two to the Country Music Association Awards -- Trip for two to a Tim McGraw concert -- Tim McGraw tour jackets (some autographed) -- Tim McGraw "Live Like You Were Dying" CDs (some autographed) -- Collectible Neighbors Give Life T-shirts (some autographed) -- Collectible Neighbors Give Life wristbands

Winning participants will be notified instantly of their prizes. (No purchase or blood donation is required to participate in the sweepstakes.)

"We admire the American Red Cross and its continued efforts to make a difference in its local communities," said Edward B. Rust, Jr., State Farm Chairman and CEO. "State Farm and its 17,000 agents across the country are committed to building stronger neighborhoods. Neighbors Give Life does just that."

Small Donation, Big Impact

People commonly underestimate the need for blood and the difference that even one donation can make to ensure blood is available when and where it's needed. Every two seconds, someone in the U.S. needs blood. The blood donation process only takes about one hour to complete. This small time commitment has a big impact since one donation could save the lives of up to three people.

To donate blood, individuals must meet the following general guidelines:

-- Be in good health -- Be at least 17 years old, and -- Weigh at least 110 pounds

"As much as 60 percent of the U.S. population is eligible to donate blood; unfortunately, only five percent of those eligible to donate blood actually do in any given year. The Neighbors Give Life Campaign is helping educate people about the regular and ongoing need for blood," said Marsha J. Evans, President and CEO of the American Red Cross. "Every blood donation can help make a difference for someone in need of blood."

For more information about Neighbors Give Life or donating blood, visit http://www.neighborsgivelife.com/.

About State Farm(R)

State Farm(R) insures more cars than any other insurer in North America and is the leading U.S. home insurer. State Farm's 17,000 agents and 76,000 employees serve nearly 73 million auto, fire, life and health policies in the United States and Canada. State Farm also offers financial services products. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 18 on the Fortune 500 list of largest companies. For more information, please visit http://www.statefarm.com(r/) or in Canada http://www.statefarm.ca/ .

About The American Red Cross

Governed by volunteers and supported by community donations, the American Red Cross is a nationwide network of nearly 900 field units dedicated to saving lives and helping people prevent, prepare for and respond to emergencies. Led by 1 million volunteers and 35,000 employees, the Red Cross annually mobilizes relief to families affected by more than 70,000 disasters, trains almost 12 million people in lifesaving skills and keeps U.S. military families connected worldwide. The American Red Cross provides nearly half of the nation's blood supply (collecting more than 6 million units a year from volunteer donors) to patients in 3,000 hospitals across the country through its national network. Every two seconds, someone in America needs blood. The Red Cross must collect blood donations each and every day to meet the needs of accident victims, cancer patients and individuals with blood disorders, and the organization works to accomplish this through its 36 Blood Services regions. Please call today to make your appointment to give the gift of life. Call 1-800-GIVE-LIFE to schedule your donation or to sponsor a blood drive. Marsha J. Evans is the President and CEO of the American Red Cross.

For more information about this promotion, please call the American Red Cross at 1-800-797-8022, or email the American Red Cross at info@usa.redcross.org. The American Red Cross name and emblem are used with its permission, which in no way constitutes an endorsement, express or implied, of any product, service, company or individual.

About Tim McGraw

Tim McGraw has been a member of the American Red Cross National Celebrity Cabinet since its inception in 2002. He set new sales standards with his recent Live Like You Were Dying album. It debuted with sales nearing 770,000, the fifth highest debuting album in country music history. McGraw re-wrote chart history when the title track spent a record setting 10 weeks atop the country singles chart and has established himself as a triple threat entertainer. He's maintained his stature as one of the most dominating performers in music, wowed audiences with his film debut in Friday Night Lights, gave NBC Television 2 highly rated concert specials (2002 & 2004) and his duet with R&B artist Nelly on "Over And Over" sat atop Billboard's Top 40 Chart for over 12 weeks. And with all of these career accolades he holds his relationships with his wife and three daughters as the true accomplishments of his life. For more information, visit http://www.timmcgraw.com/ .

Contacts: Melissa Ristau GolinHarris (312) 729-4224 Umristau@golinharris

Mia Jazo-Harris State Farm Insurance (309) 766-5242 mia.jazo-harris.sfdx@statefarm.com

Michelle Hudgins American Red Cross (202) 303-5643 HudginsM@usa.redcross.org

Jessie Schmidt Schmidt Relations for Tim McGraw (615) 846-3878

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050331/NYTH064 AP Archive Topic Gallery: http://photoarchive.ap.org/ AP PhotoExpress Network: PRN2 PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840 Source: State Farm

CONTACT: Melissa Ristau of GolinHarris, +1-312-729-4224, Umristau@golinharris; Mia Jazo-Harris of State Farm Insurance, +1-309-766-5242, mia.jazo-harris.sfdx@statefarm.com; Michelle Hudgins of American Red Cross, +1-202-303-5643, HudginsM@usa.redcross.org; Jessie Schmidt of Schmidt Relations for Tim McGraw, +1-615-846-3878, all for State Farm

Web Site: http://www.neighborsgivelife.com/ http://www.statefarm.com/ http://www.timmcgraw.com/

------- Profile: Ent

International Entertainment News

LBI Media Reports Fourth Quarter and Fiscal Year 2004 Results

LBI Media Reports Fourth Quarter and Fiscal Year 2004 Results

2004 Net Revenues Increase 9% From 2003

BURBANK, Calif., March 31 /PRNewswire/ -- LBI Media, Inc. (the "Company") announced its financial results today for the year and quarter ended December 31, 2004.

Results for the Year Ended December 31, 2004

For the year ended December 31, 2004, net revenues increased 9% to $91.4 million from $84.0 million in 2003. Excluding the results relating to the leasing of our television production facility(1), net revenues increased 10% to $91.3 million for the year ended December 31, 2004 from $82.7 million during the same period last year. This revenue growth was attributable to our television segment which increased 25% in 2004 excluding the results relating the leasing of our television production facility. The increase in revenues from our television segment was offset by a modest decline in revenues from our radio division, primarily resulting from lower national advertising time sold in 2004 as compared to 2003 and strong results posted for 2003, when revenue growth from our radio segment reached 16%. Operating expenses (excluding depreciation, noncash employee compensation and offering costs associated with our anticipated initial public offering) increased 14% to $47.1 million in 2004 from $41.3 million for 2003. The increase in operating expenses can be primarily attributed to the incremental costs associated with operating our recently acquired television station, KMPX-TV, in Dallas-Fort Worth, TX, the incremental costs associated with producing additional in-house television programming for prime time and additional sales salaries and commissions associated with the growth in our revenue. As a result, Adjusted EBITDA(2) increased 4% to $44.4 million for the year ended December 31, 2004 from $42.7 million for the year ended December 31, 2003. Excluding the results relating to the leasing of our production facility, Adjusted EBITDA increased 6% to $44.3 million for the year ended December 31, 2004 from $41.7 million for the same period last year.

The Company reported net income of $13.0 million for the year ended December 31 2004, compared to $16.7 million last year. This decrease was primarily attributable to a $2.2 million increase in noncash employee compensation and depreciation expense and a charge of $1.5 million related to offering costs for our anticipated initial public offering during the year ended December 31, 2004.

Television division net revenues increased 21% to $46.6 million for the year ended December 31, 2004, from $38.4 million in 2003. Excluding the results relating to the leasing of our television production facility, television net revenues increased 25% to $46.5 million for the year ended December 31, 2004 from $37.1 million for during the same period last year. This increase can be attributed to revenue growth in our California and Texas markets, resulting from improved program ratings, which enabled us to raise advertising rates and increase advertising time sold. Incremental revenues from our Dallas-Fort Worth station, KMPX-TV, acquired in January 2004 also contributed to revenue growth. Operating expenses (excluding depreciation, noncash employee compensation and offering costs associated with our anticipated initial public offering) increased 30% to $25.5 million in 2004, from $19.6 million for 2003. The increase in operating expenses can be primarily attributed to the incremental costs associated with operating our recently acquired television station, KMPX-TV, in Dallas-Fort Worth, TX, the incremental costs associated with producing additional in-house television programming for prime time, additional sales salaries and commissions associated with the growth in our revenue base and higher music license and ratings service fees. Operating income increased 4% to $17.4 million for 2004 from $16.7 million in 2003. Adjusted EBITDA increased 13% to $21.2 million for 2004 from $18.8 million in 2003. Excluding the results relating to the leasing of our production facility, Adjusted EBITDA increased 19% to $21.1 million for the year ended December 31, 2004 from $17.8 million during the same period last year.

Radio division net revenues decreased 2% to $44.8 million for the year ended December 31, 2004 from $45.6 million during the same period last year. The decline in revenues can be primarily attributed to a decrease in demand for Spanish-language advertising by national advertisers and strong results posted during the year ended December 31, 2003, when revenue growth for our radio segment reached 16%. Operating expenses (excluding depreciation, noncash employee compensation and offering costs associated with our anticipated initial public offering) remained virtually flat between the year ended December 31, 2004 and 2003. Operating income decreased 14% to $17.4 million for 2004 from $20.3 million in 2003. Adjusted EBITDA decreased 3% to $23.2 million for 2004 from $23.9 million in 2003.

Results for the Quarter Ended December 31, 2004

For the quarter ended December 31, 2004, net revenues increased 4% to $23.1 million from $22.1 million for the same quarter last year. This increase can be attributed to revenue growth from both our television and radio segments including incremental revenue from our most recently acquired television station in the Dallas-Fort Worth, Texas market. Excluding the results relating to the leasing of our television production facility, net revenues increased 6% to $23.1 million for the quarter ended December 31, 2004 from $21.8 million for the same period last year. Operating expenses (excluding depreciation, noncash employee compensation and offering costs related to our anticipated initial public offering) increased 6% to $12.8 million in the fourth quarter of 2004 versus $12.0 million in the fourth quarter of 2003. This growth in operating expenses can be primarily attributed to the incremental costs associated with operating our recently acquired television station, KMPX-TV, in Dallas-Fort Worth, TX, the incremental costs associated with producing additional in-house television programming for prime time, and additional sales salaries and commissions associated with the growth in our revenue base. As a result, Adjusted EBITDA increased 2% to $10.3 million for the quarter ended December 31, 2004 from $10.1 million for the corresponding period last year. Excluding the results relating to the leasing of our production facility, Adjusted EBITDA increased 4% to $10.3 million for the quarter ended December 31, 2004 from $9.9 million during the same period last year.

The Company recognized net income of $1.0 million for the quarter ended December 31, 2004 compared to $3.6 million for the same period in 2003. This decrease was primarily attributable to a $1.0 million increase in interest expense and depreciation expense and $1.5 million of costs related to our anticipated initial public offering offset by a $0.3 million decrease in noncash deferred compensation during the quarter.

Television division net revenues increased 4% to $11.1 million for the quarter ended December 31, 2004 from $10.6 million for the same period in 2003. This increase can be primarily attributed to incremental revenue growth from our recently acquired television station, KMPX-TV, in the Dallas-Forth Worth market. Excluding the results relating to the leasing of our television production facility, television net revenues increased 8% to $11.1 million for the quarter ended December 31, 2004 from $10.3 million for the same period last year. Operating expenses (excluding depreciation, noncash employee compensation and offering costs related to our anticipated initial public offering) increased 13% to $6.8 million for the quarter ended December 31, 2004 from $6.0 million for the same period last year. This growth in operating expenses can be primarily attributed to the incremental costs associated with our recently acquired television station, KMPX-TV, in the Dallas-Fort Worth market, the additional expenses associated with our new internally produced prime time television programming, and an increase in sales salaries and commissions associated with our revenue growth. Operating income was down 31% to $2.8 million for the quarter ended December 31, 2004 from $4.1 million in the same quarter last year. Adjusted EBITDA decreased 8% to $4.3 million for the quarter ended December 31, 2004 from $4.7 million for the same quarter last year. Excluding the results relating to the leasing of our production facility, Adjusted EBITDA decreased 4% to $4.3 million for the quarter ended December 31, 2004 from $4.5 million for the same period last year.

Radio division net revenues increased 4% to $12.0 million for the quarter ended December 31, 2004 from $11.5 million for the same quarter last year. The increase in revenue can be primarily attributed to an improvement in national net revenues and an increase in inventory sold. Operating expenses (excluding depreciation, noncash employee compensation and offering costs related to our anticipated initial public offering) decreased 3% to $5.9 million for the quarter ended December 31, 2004 from $6.1 million for the same quarter last year. The decrease in operating expenses can be primarily attributed to a decrease in promotional and administrative expenses. Operating income increased 3% to $4.4 million for the quarter ended December 31, 2004 from $4.3 million for the same quarter of 2003. Adjusted EBITDA increased 11% to $6.0 million for the quarter ended December 31, 2004 from $5.4 million for the fourth quarter of 2003.

Commenting on the Company's results, Lenard Liberman, Executive Vice President, said, "Overall, I am very pleased with our results in 2004 and am very enthusiastic about the prospects for both our television and radio operations. Our 10% revenue growth overall and 26% revenue growth from our television segment, excluding the results relating to the leasing of our production facility, is quite impressive given the overall performance in our industry. Our revenue growth from television continues to demonstrate our ability to market our internally produced programming. In addition, our radio revenue growth snapped back in the fourth quarter after being down for the first nine months of the year."

Recent Developments

On December 11, 2004, the Company increased the borrowing capacity under its revolving senior credit facility to $220.0 million from $195.0 million.

Fiscal Year 2004 Conference Call

The Company will host a conference call to discuss its financial results for the year ended December 31, 2004 on Friday, April 1, 2005 at 4:00 PM Eastern Time. Interested parties may participate in the conference call by dialing (800) 946-0712 five minutes prior to the scheduled start time of the call and asking for the "LBI Media 2004 Results Conference Call." The conference call will be recorded and made available for replay through Monday, April 4, 2005. Investors may listen to the replay of the call by dialing (888) 203-1112 then entering the passcode ID 7994580.

About LBI Media

LBI Media is one of the largest owners and operators of Spanish-language radio and television stations in the United States, based on revenues and number of stations. The Company owns sixteen radio stations and four television stations serving the Los Angeles, CA, Houston, TX, Dallas-Ft. Worth, TX and San Diego, CA markets.

Forward Looking Statements

This news announcement contains certain forward-looking statements within the meaning of the U.S. securities laws. These statements are based upon current expectations and involve certain risks and uncertainties, including those related to the expected future operating performance of the Company's radio stations, television stations and studio operations. Forward-looking statements include but are not limited to information preceded by, or that include the words, "believes," "expects," "prospects," "pacings," "anticipates," "could," "estimates," "forecasts" or similar expressions. The reader should note that these statements may be impacted by several factors, including economic changes, regulatory changes, increased competition, the timing of announced acquisitions or station upgrades, changes in the broadcasting industry generally, and changes in interest rates. Accordingly, the Company's actual performance and results may differ from those anticipated in the forward-looking statements. Please see LBI Media, Inc.'s recent public filings for information about these and other risks that may affect the Company. The Company undertakes no obligation to update or revise the information contained herein because of new information, future events or otherwise.

(1) The Company excluded results relating to the leasing of its production facility, because it has increased the use of this facility for the production of in-house programming, thereby reducing available leasing space. The Company expects to continue using space in its production facility primarily to produce its internal programs and therefore expects future leasing revenues to be minimal. As a result, the Company believes that in order to provide a comparable basis for evaluating its results for the year and quarter ended December 31, 2004 compared to the same periods in 2003, it is necessary to exclude net revenues and operating expenses generated from leasing this facility. This measure should be considered in addition to, but not as a substitute for or superior to, other measures of financial performance prepared in accordance with U.S. generally accepted accounting principles, such as revenues and operating income.

(2) The Company defines Adjusted EBITDA as net income plus income tax expense, (loss) gain on sale of property and equipment, net interest expense, depreciation and noncash employee compensation. Management considers this measure an important indicator of our liquidity relating to our operations because it eliminates the effects of certain noncash items and our capital structure. This measure should be considered in addition to, but not as a substitute for or superior to, other measures of liquidity and financial performance prepared in accordance with U.S. generally accepted accounting principles, such as cash flows from operating activities, operating income and net income. In addition, our definition of Adjusted EBITDA may differ from those of many companies reporting similarly named measures.

Results of Operations:

LBI MEDIA, INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In Thousands)

Three Months Year Ended Dec. 31, Ended Dec. 31, 2004 2003 2004 2003

Net revenues $23,075 $22,135 $91,435 $84,037

Operating expenses: Program and technical 4,809 3,999 16,804 13,412 Promotional 687 1,038 2,006 2,244 Selling, general and administrative 7,264 6,992 28,272 25,690 Noncash employee compensation 342 769 2,924 2,226 Depreciation 1,295 946 5,125 3,511 Offering costs 1,450 0 1,450 0 Total operating expenses 15,847 13,744 56,581 47,083

Operating income 7,228 8,391 34,854 36,954 Interest expense (5,527) (4,849) (21,171) (20,259) Interest and other income 30 25 141 98 Gain (loss) on sale of property and equipment -- -- 2 (4) Income before income taxes 1,731 3,567 13,826 16,789 Provision for income taxes 670 0 (813) (60) Net income $1,061 $3,567 $12,953 $16,729

Adjusted EBITDA(1) $10,317 $10,106 $44,354 $42,690

Adjusted EBITDA Margin (%)(2) 44.7% 45.7% 48.5% 50.8%

(1) Refer to footnote (1) on page 1.

(2) Adjusted EBITDA margin is defined as Adjusted EBITDA divided by net revenues.

Results of Operations (continued):

The following is a reconciliation of net cash provided by operating activities, calculated and presented in accordance with U.S. generally accepted accounting principles, to Adjusted EBITDA for the Company:

Three Months Year Ended Dec. 31, Ended Dec. 31, 2004 2003 2004 2003

Net cash provided by operating activities $8,777 $10,447 $23,518 $21,050 Add: Gain on sale of investments -- -- 47 -- Income tax expense 670 (1) 873 59 Interest expense, net 5,497 4,825 21,030 20,162 Less: Amortization of deferred financing costs (190) (149) (690) (556) Provision for doubtful accounts (239) (166) (955) (1,066) Changes in operating assets and liabilities: Accounts receivable 592 464 794 4,804 Program rights 104 (70) (324) (52) Amounts due from related parties 145 (388) 371 (396) Prepaid expenses and other current assets 411 362 127 (114) Employee advances (18) (69) 98 31 Accounts payable and accrued expenses (913) (1,505) 272 (2,262) Accrued interest (3,774) (3,563) (433) 663 Program rights payable 0 (27) 36 (11) Amounts due from related parties -- 17 189 (56) Deferred state income tax payable (424) 78 (530) 28 Other assets and liabilities (321) (150) (69) 406 Adjusted EBITDA $10,317 $10,105 $44,354 $42,690

The following is a reconciliation of operating income to Adjusted EBITDA for the Company's radio division:

Three Months Year Ended Dec. 31, Ended Dec. 31, 2004 2003 2004 2003

Radio division operating income $4,403 $4,271 $17,427 $20,271 Depreciation 572 381 2,123 1,411 Noncash employee compensation 342 769 2,924 2,226 Offering costs 711 -- 710 -- Radio division Adjusted EBITDA $6,028 $5,421 $23,185 $23,908

The following is a reconciliation of operating income to Adjusted EBITDA for the Company's television division:

Three Months Year Ended Dec. 31, Ended Dec. 31, 2004 2003 2004 2003

Television division operating income $2,825 $4,120 $17,427 $16,683 Depreciation 724 564 3,002 2,099 Noncash employee compensation -- -- -- -- Offering costs 740 -- 740 -- Television division Adjusted EBITDA $4,289 $4,684 $21,169 $18,782

The following is a reconciliation of operating income for the Company calculated and presented in accordance with U.S. generally accepted accounting principles, to Adjusted EBITDA excluding Adjusted EBITDA from the leasing of the production facility:

Three Months Year Ended Dec. 31, Ended Dec. 31, 2004 2003 2004 2003

Operating income $7,228 $8,391 $34,854 $36,954 Depreciation 1,295 946 5,125 3,511 Noncash employee compensation 342 769 2,924 2,226 Offering costs 1,450 0 1,450 0 Adjusted EBITDA related to the leasing of production facility 1 (224) (79) (955) Adjusted EBITDA excluding Adjusted EBITDA related to the leasing of the production facility $10,316 $9,882 $44,275 $41,376

The following is a reconciliation of operating income for the Company's television segment calculated and presented in accordance with U.S. generally accepted accounting principles, to Adjusted EBITDA for the Company's television segment excluding Adjusted EBITDA from the leasing of the production facility:

Three Months Year Ended Dec. 31, Ended Dec. 31, 2004 2003 2004 2003

Television segment operating income $2,825 $4,120 $17,427 $16,683 Depreciation 724 564 3,002 2,099 Noncash employee compensation -- -- -- -- Offering costs 740 -- 740 -- Television segment adjusted EBITDA related to the leasing of production facility 1 (224) (79) (955) Television segment adjusted EBITDA excluding Adjusted EBITDA related to the leasing of the production facility $4,290 $4,460 $21,090 $17,827

The following is a reconciliation of revenues for the Company calculated and presented in accordance with U.S. generally accepted accounting principles, to revenues for the Company excluding Adjusted EBITDA from the leasing of the production facility:

Three Months Year Ended Dec. 31, Ended Dec. 31, 2004 2003 2004 2003

Revenues $23,075 $22,135 $91,435 $84,037 Revenues from the leasing of the production facility 0 (298) (122) (1,332) Revenues excluding revenues related to the leasing of the production facility $23,075 $21,837 $91,313 $82,705

The following is a reconciliation of revenues for the Company's television segment calculated and presented in accordance with U.S. generally accepted accounting principles, to revenues for the Company's television segment excluding revenues from the leasing of the production facility:

Three Months Year Ended Dec. 31, Ended Dec. 31, 2004 2003 2004 2003

Television segment revenues $11,112 $10,640 $46,656 $38,406 Television revenues from the leasing of the production facility 0 (298) (122) (1,332) Television segment revenues excluding revenues related to the leasing of the production facility $11,112 $10,342 $46,534 $37,074

Source: LBI Media, Inc.

CONTACT: Steve Cramer of LBI Media, Inc., +1-818-563-5722

------- Profile: Ent

International Entertainment News

Hearst-Argyle Television Declares Quarterly Dividend

Hearst-Argyle Television Declares Quarterly Dividend

NEW YORK, March 31 /PRNewswire-FirstCall/ -- Hearst-Argyle Television, Inc. (NYSE:HTV) announced today that its Board of Directors has declared a quarterly cash dividend of $0.07 per share on its Series A and Series B Common Stock. The dividend is payable on April 15, 2005 to shareholders of record at the close of business on April 5, 2005.

Hearst-Argyle Television, Inc. owns 25 television stations, and manages an additional three television and two radio stations, in geographically diverse U.S. markets. The Company's television stations reach approximately 18% of U.S. TV households, making it one of the largest U.S. television station groups. The Company owns 10 NBC affiliates, and is the second-largest NBC affiliate owner. Hearst-Argyle also owns 12 ABC affiliated stations, and manages an additional ABC station owned by The Hearst Corporation, and is the largest ABC affiliate group. The Company also owns two CBS affiliates and a WB affiliate, and manages a UPN affiliate and an independent station. Hearst- Argyle also is a leader in the convergence of local broadcast television and the Internet through its partnership with Internet Broadcasting Systems. Hearst-Argyle is majority owned by The Hearst Corporation. Hearst-Argyle Series A Common Stock trades on the New York Stock Exchange under the symbol "HTV." HTV debt is rated investment grade by Moody's (Baa3), Standard & Poor's (BBB-) and Fitch (BBB-), each with a stable outlook.

Source: Hearst-Argyle Television, Inc.

CONTACT: Thomas W. Campo of Hearst-Argyle Television, Inc., +1-212-887-6827, tcampo@hearst.com

Web site: http://www.hearstargyle.com/

------- Profile: Ent

International Entertainment News

Bollywood's Biggest Blockbuster - Mughal-E-Azam - Restored in Full Color Debuts in U.S. Theaters April 1

Bollywood's Biggest Blockbuster - Mughal-E-Azam - Restored in Full Color Debuts in U.S. Theaters April 1

Opening in NY, Atlanta, Chicago, Houston, Orlando, LA, San Francisco, D.C., Toronto and More!

NEW YORK, March 31 /PRNewswire/ -- Bollywood films are taking America by storm -- but the one that started it all 45 years ago is back and better than ever. MUGHAL-E-AZAM (The Great Mughal) -- the Biggest Indian Film Ever -- has been beautifully restored in color and opens today on 35 screens across the U.S., with a wider release to an additional 30 screens on April 15th.

On Wednesday night, over 150 fans joined who's who in the South Asian film community for the New York premiere of Mughal-E-Azam at the ImaginAsian theater in New York. This epic love story comes to life in radiant color and digital 6.1 sound, making history as the first time a colorized vintage film has been released theatrically.

"This film is known throughout Indian Cinema as one of the greatest films," said Rohi Mirza Pandya, ImaginAsian Director, Theater Operations & Acquisitions. "It is amongst Hollywood greats such as Benhur and Gone with the Wind. And finally the film can be seen as the original filmmakers always intended it -- in true color and a new wide-screen format." The film was fully restored at a cost of more than $1 million, over the course of two years, using customized Indian colorization technology -- all under the careful direction of the film's original producers, Sterling Investments.

The most expensive Indian film, then or now, was nine years in the making (1951-1960). In 1957, color technology arrived in India. Director K. Asif shot one reel in color. Impressed with the results, he wanted to re-shoot the whole film but was restrained by time concerns. The film was released in 1960 in 85 percent black-and-white and 15 percent color.

"It was terrific, an outstanding restoration job. I e-mailed 25 friends last night and told them the film was incredible. Every song is worth a million dollars," said Rakesh Bhargava, at the New York premiere.

Sridhar Sreekakula, President of UTV, the film's distributor, says, "When we were young, our parents used to tell us that it was the best movie of that time. Watching it in color on the big screen was a great moment in cinema history."

The film is being released on 65 screens nationwide throughout April by UTV (www.utvnet.com), including: New York, Chicago, Atlanta, Houston, Orlando, Los Angeles, San Francisco, D.C. Area (Maryland and Virginia), Tempe, San Francisco Area, San Jose, San Diego Area, Seattle Area, Indianapolis, Cary North Carolina, plus Toronto, Calgary and Vancouver. See http://www.mughaleazam.com/ for more info.

Source: Sterling Investment Corporation Ltd

CONTACT: Tristan Mansey, +1-310-989-0856, Tristan@mansey.com, or Kris Ellenberg, +1-310-430-1772, kris.ellenberg@gmail.com, both for Sterling Investment Corporation Ltd

Web site: http://www.mughaleazam.com/

Web site: http://www.utvnet.com/

NOTE TO EDITORS: VISUALS: Trailers and making of B-roll available upon request. Visit http://www.mughaleazam.com/press.htm or www.wireimage.com for photos

------- Profile: Ent

International Entertainment News

Private Media Group Comments on Full Year Results for 2004

Private Media Group Comments on Full Year Results for 2004

Net Income Up 0.8 Million euro in 2004, Hit by One-Off Restructuring Costs in Q4

BARCELONA, Spain, March 31 /PRNewswire-FirstCall/ -- Private Media Group Inc. (NASDAQ:PRVT) a worldwide leader in premium-quality adult entertainment products, services and Internet content, today announced its full year results for 2004.

The company reported a decrease in sales of 7% to 35.6 million euro for 2004. Net income was 0.2 million euro for 2004, compared to a net loss of 0.6 million euro for 2003, an increase of 0.8 million euro. Net income suffered from the effects of the reorganization of the Company's US distribution in the fourth quarter and a significant fall in video sales. In addition management took the decision to write down videocassette inventory by 1.5 million in the fourth quarter.

As part of the group-wide review initiated in 2003, the Company's US subsidiary outsourced its distribution of physical products, inclusive of Internet shop fulfillment, to a third party. The restructuring started September 30, 2004 and the impact has initially been a temporary loss of revenues from the US during the fourth quarter transition period. The loss of revenues had a significant impact on gross profit. However, during the first quarter of 2005 distribution reached normal levels and we expect the impact of the restructuring to increase contribution of gross profit from the US and reduce selling, general and administrative expenses by approx. 1.0 million euro in 2005 compared to 2004.

The decrease in Video sales by 70% to 2.1 million euro, was primarily the result of a combination of an industry-wide decrease in Video sales and 40% less titles being released by the Company as a result of fewer new movie productions available for sale on Video in 2004 compared to 2003.

DVD sales, which increased 6%, to 19.5 million euro, were also affected by the US reorganization and the reduction in new movie productions available for sale. However, the Company managed to offset the negative effect from fewer new titles by opening additional distribution channels, thereby increasing DVD sales on a per title basis. Magazine sales decreased 4% to 5.1 million euro, while Internet sales increased 1% to 4.9 million euro. Broadcasting sales increased 41% to 4.0 million euro spearheaded by the broadcasting launch of our own TV channel PRIVATE FANTASY in the United States in February 2004.

In 2003 and the first half of 2004, investment in new movie productions was cut back due to reduced cash-flow as a result of overspending in 2002 and 2003. Improvements in cash-flow during 2004 have allowed the Company to increase its investment activity in its movie library by more than 70% during the second half of the year compared to the first and the impact on sales is expected to show in the first half of 2005.

Gross profit as a percentage of sales was down 1% for 2004 compared to 2003. The decrease in gross profit as a percentage of sales was the result of a 1.5 million euro write-down of videocassette inventory made in the fourth quarter and detailed above to reflect the change in market conditions for videocassettes.

Selling, general and administrative expenses were 18.0 million euro for 2004 compared to 19.9 million euro for 2003. Despite increases in bad debt provision and depreciation of 0.9 million euro and 0.9 million euro, respectively, selling, general and administrative expenses decreased by 1.9 million euro, or 10%. The increased bad debt expense in 2004 related primarily to one specific receivable which was written off completely as collection attempts failed. The decrease in selling, general and administrative expenses reflects the effect of a program started in 2003 to review and reduce all controllable selling, general and administrative expenses in low or non-profitable areas. We expect lower bad debt expenses and reduced depreciation going forward. We also expect selling, general and administrative expenses in low or non-profitable areas to continue to decrease in 2005.

We reported an operating loss of 0.4 million euro for 2004 compared to an operating loss of 0.5 million euro for 2003. The operating loss was primarily the result of the write down of 1.5 million euro in videocassette inventory.

During 2004 the Company reduced its debt by 4.0 million euro, or 29%. Working capital as of December 31, 2004 increased by 4.9 million euro compared to December 31, 2003.

Berth Milton, President and CEO of Private Media Group, said: "We are pleased with the restructuring of our operations, particularly in the US, and we expect our increased investments in the library as from the second half of 2004 to begin paying off in the first half of 2005.

"In 2004 we also signed an exclusive Agreement with US-based Pure Play Media, Inc. for content distribution in Europe. Under the agreement, we will distribute between six to ten newly produced movie titles per month in Europe, our main market for DVDs. The arrangement is based on a split of gross profit and does not require any up-front or future investment in content by Private. We will start releasing titles on DVD under the agreement in the second quarter of 2005.

"Following the launch of the Private Fantasy Pay-Per-View Channel in the US, and as the US market for Video on Demand services evolves, we expect to further exploit our content in this market which should impact on broadcast revenue.

"Looking forward, this year saw the launch of our own TV channel, PRIVATETV, an internet based proprietary 24/7 adult TV offer, that thanks to the latest technological developments means that content providers such as ourselves are now able to close deals at fair margins with a much wider spectrum of delivery networks while providing a unique and totally 'Private' consumer experience.

"All in all, I am confident that we can look forward to substantially improved results this year thanks to increased revenues from DVDs, Internet and broadcasting, coupled with better margins and reductions in SG&A," Mr. Milton concluded.

Year-end 2004 Financial Highlights (In thousands of euro, except per share amounts) Year ended December 31, 2004 2003 Revenue 35,612 38,491 Net Income (loss) 238 (570) Weighted average common and common equivalent shares outstanding: Basic 50,136,203 43,493,163 Diluted 52,377,163 n/a Net income per common and common equivalent share: Basic 0.00 (0.02) Diluted 0.00 (0.02)

About Private Media Group

With its 40 year track record, Private is a leading global adult entertainment company that distributes its content over a wide range of media platforms, including narrow and broadband Internet, DVD and video, magazines, broadcasting and wireless technologies. It owns the worldwide rights to the largest archive of high quality adult content in the world, which it physically distributes in over 40 countries.

Disclaimer

This release contains, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company's current judgments of those issues. However, because those statements are forward-looking and apply to future events, they are subject to such risks and uncertainties, which could lead to results materially different than anticipated by the Company.

For further information please contact Alejandra Moore Mayorga Tel +34 91 531 23 88 amoore@grupoalbion.net www. private .com

Source: Private Media Group Inc.

CONTACT: Alejandra Moore Mayorga of Private Media Group Inc., +34 91 531 23 88, amoore@grupoalbion.net

------- Profile: Ent

International Entertainment News

Comcast Appoints Elizabeth Schimel Senior Vice President, Online Content Development

Comcast Appoints Elizabeth Schimel Senior Vice President, Online Content Development

PHILADELPHIA, March 31 /PRNewswire/ -- Comcast, the nation's Number One broadband provider, today announced the appointment of Elizabeth Schimel as senior vice president of content development, for its Online division. Schimel will report to David Juliano, president of Comcast Online and Voice Services.

In her new role, Schimel will build on the success of Comcast.net, Comcast's award-winning consumer portal, by delivering additional best-in- class content through new strategic partnerships. Schimel will also work closely with Comcast's Video and Voice Services businesses to develop cross- functional products that share content for the connected home.

"Liz's unparalleled blend of industry relationships, deal-making skills and technology expertise will further enhance our efforts to creatively deliver best-in-class content over broadband, making Comcast.net the most valuable online destination available today," explained David Juliano, president of Comcast Online and Voice Services.

"Comcast provides our customers the best broadband experience by combining premier content with our innovative built-for-broadband applications, such as The Fan(TM). Along with serving up thousands of videos each day from Disney, CNBC, ABC, CBS, FOXSports, MLB, USAToday, and more, our patented broadband multimedia video player also offers unique video search capabilities. This successful execution of our guiding principle: it's all about speed and what you can do with it, has led Comcast to become the nation's Number One broadband provider with 7 million customers. We look forward to further enhancing our Comcast.net content in 2005 with Liz on our growing team," added Juliano.

Previously, Schimel served as vice president of consumer business development at AT&T Wireless Services, where she led the content strategy and execution of new business initiatives for wireless Internet portal and messaging applications. She also ran AT&T Wireless' ring tone and downloadable content business, a significant revenue driver for the carrier. Her accomplishments included the launch of a series of first-to-market wireless products in the United States, including the single-largest text- messaging event ever, in partnership with the television series American Idol.

Prior to AT&T Wireless, Schimel held key senior leadership positions with major media, entertainment and financial organizations. These roles included senior vice president of global business development at Soundview Technology Group where Schimel played a key role in creating and structuring multi- million dollar transactions for Internet and technology companies.

Schimel also held a series of executive positions with major media conglomerate Bertelsmann AG, where she was responsible for launching and running BMG's online music service, heading worldwide operations for their video game businesses and running marketing and strategic development of electronic publishing. As vice president and general manager of BMG Entertainment's Online Division, Schimel pioneered the company's online and digital music business and negotiated partnerships with major media brands, including forming GetMusic, a joint venture between BMG and Universal Music.

Schimel earned MBA and MA degrees in Finance, Strategic Management, and Asian Studies from the Wharton School, University of Pennsylvania.

"I am thrilled to be joining Comcast, which I believe to be our country's most innovative broadband, media, and entertainment company," said Liz Schimel, senior vice president, content development for Comcast Online. "And as our country's Number One broadband Internet provider, Comcast sets the standard for the online content experience. Its built-for-broadband portal and base of 7 million customers make it an incredibly attractive platform for providers to showcase their content."

About Comcast Online

Comcast is the nation's Number One broadband provider, with 7 million customers to date. Comcast's continued industry leadership marks the successful execution of its strategy of combining a 100% Pure Broadband(TM) connection, built-for-broadband applications, and best-in-class content.

In 2004 alone, Comcast added content from: ABC; CBS; CNBC; Disney; FOXSports.com; The Golf Channel; MLB.com; Planeta; Scripps' Do It Yourself (DIY), Fine Living, Home & Garden Television (HGTV), and Food Network; USAToday; Weather Channel; and more - and ended the year with a record addition of 1.707 million new subscribers (as reported in its Q4 '04 earnings press release).

Its consumer portal - Comcast.net - also won the prestigious Gold SPD (Society of Publication Designers Award) in 2004.

About Comcast

Comcast Corporation (NASDAQ:CMCSA)(NASDAQ:CMCSK) (http://www.comcast.com/) is the nation's leading provider of cable, entertainment and communications products and services. With 21.5 million cable customers and 7 million high-speed Internet customers, Comcast is principally involved in the development, management and operation of broadband cable networks and in the delivery of programming content.

The Company's content networks and investments include E! Entertainment Television, Style Network, The Golf Channel, Outdoor Life Network, G4, AZN Television, TV One and four Comcast SportsNets. The Company also has a majority ownership in Comcast-Spectacor, whose major holdings include the Philadelphia Flyers NHL hockey team, the Philadelphia 76ers NBA basketball team and two large multipurpose arenas in Philadelphia.

Source: Comcast Corporation

CONTACT: Jeanne Russo of Comcast, +1-215-981-8552, Jeanne_Russo@comcast.com

Web site: http://www.comcast.com/

------- Profile: Ent

International Entertainment News

OpenTV Appoints Technology Veteran Arata Hirao as General Manager, Representative Director of OpenTV Japan

OpenTV Appoints Technology Veteran Arata Hirao as General Manager, Representative Director of OpenTV Japan

SAN FRANCISCO and TOKYO, March 31 /PRNewswire-FirstCall/ -- OpenTV Corp. (NASDAQ:OPTV), one of the world's leading interactive television companies, today announced the appointment of technology and broadband veteran Arata Hirao as general manager and representative director of OpenTV's Japanese operations. Drawing from his industry knowledge and experience, Hirao will help drive OpenTV's business growth in Japan.

Hirao brings nearly 30 years of experience to OpenTV from a wide variety of technology sectors including cable, broadband, mobile and internet computing, software and applications. Most recently, he served as president and representative director at Critical Path Japan, Inc. where he lead sales, streamlined operations and drove profitability for the hosted service solution company. Hirao also held key sales and management positions with Openwave Systems Japan Co. Ltd., Invisix Asia Pacific, Inc. and Nortel Networks Japan. At Nortel Japan, he developed the product marketing organization, served as vice president of technology services where he created a respected customer service organization, developed a channel program and was in charge of technology assessment for broadband on cable.

"It is with enthusiasm that we welcome Arata Hirao to OpenTV," said Michael Ivanchenko, OpenTV's senior vice president & managing director Asia Pacific. "His wealth of experience will help us immensely in further developing and realizing the full potential of our suite of digital TV products and services, and better serve the business needs of the Japanese technology, broadband and cable markets. Arata-san will be instrumental in driving OpenTV sales and partnerships throughout Japan."

About OpenTV

OpenTV is one of the world's leading interactive television companies. Deployed in over 50 million digital set-top-boxes in 96 countries, the company's software enables a wide array of functionality, including enhanced television, interactive shopping, interactive and addressable advertising, games and gaming, personal video recording, and a variety of consumer care and communication applications. For more information, please visit www.opentv.com.

Cautionary Language Regarding Forward-Looking Information

The foregoing information may contain "forward-looking statements" -- that is, statements that relate, in some way, to future events or that could possibly lead a reader to infer certain facts. There are many uncertainties associated with these statements, and we do not intend to suggest any inferences based simply on the information in this release. We discuss many risks associated with our business in documents we file with the Securities and Exchange Commission, which readers are urged to obtain and review. We do not undertake to update or revise any forward-looking statements.

Source: OpenTV, Inc.

CONTACT: Marc McCarthy of OpenTV, +1-415-962-5111, or mmccarthy@opentv.com

Web site: http://www.opentv.com/

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International Entertainment News

It's All Shiny And New

It's All Shiny And New

VH1 Premieres/Encores For The Week Of April 1 - April 7 2005

NEW YORK, March 31 /PRNewswire/ -- Check out all of the brand new premieres headed to VH1 and VH1 Classic this week:

On Friday, April 1

"VH1 Blender Present: The 40 Hottest Rock Star Girlfriends...and Wives" Carmen Electra. Heidi Klum. Liv Tyler. They're some of the hottest, sexiest women around-and you can't date them. Why not? Because you're not a rock star. Everyone knows guys become musicians for one reason-hot women. And everyone knows the hottest of the hot women end up becoming rock star girlfriends ... or wives. In this two-hour special, VH1 will countdown the hottest of the rock star girlfriends and wives, from sizzling Pam Anderson to legendary Bebe Buell.

(Premieres at 9:00 p.m.) http://www.vh1.com/shows/dyn/the_greatest/90290/episode.jhtml

"Best Week Ever"

This week in pop culture: McDonald's rap, 5 Good Reasons to Watch Wrestle- Mania, Madonna and Guy Ritchie dress up and more.

(Premieres at 11:00 p.m.) http://www.vh1.com/shows/dyn/best_week_ever/series.jhtml

On Saturday, April 2 "Green Day Storytellers American Idiot: Uncut"

The punk trio of Billie Joe Armstrong, Mike Dirnt, and Tre Cool perform all 13 songs from their Grammy Award winning album American Idiot. The band also fields questions from a group of devoted fans and tells the stories behind their songs.

(Premieres at 10:00 p.m.) http://www.vh1.com/shows/dyn/storytellers/series.jhtml

On Sunday, April 3 "Surreal Life"

After an afternoon trip to the racetrack, where Chyna Doll experiences her own version of "Pretty Woman" with Marcus, the cast returns to the house and discovers that they've walked into the set of Dirty Laundry. Personal laundry is aired, like Chris and Adrianne's romance, Da Brat's views on Jane's career, and the Chyna Doll/Sean debacle.

(Premieres at 9:00 p.m.) http://www.vh1.com/shows/dyn/the_surreal_life_4/series.jhtml

On Sunday, April 3 "Strange Love"

Vegas. They arrive at the Hard Rock and discover a suite full of gifts. They go gambling and to a strip club, but they bicker over flirting with other people. Brigitte gives a guy chips. Flavor gets a lap dance. The next morning, they have breakfast in the room and then a couple's massage. They have a conversation about their relationship where Flav tells her that Mattia is only after her for her money. At dinner, Flav tells Brigitte to move to Vegas. He wants to have a child with her. They go gambling; Flav snaps at Brigitte (he doesn't like to be touched while gambling) and she goes to bed alone. He stays up and loses all his money.

(Premieres at 9:30 p.m.) http://www.vh1.com/shows/dyn/strange_love/series.jhtml

Monday, April 4 "All Access: Celebrity Showdown 2"

You know them; you love them and now you can witness the battle between the rich and notorious in a wild hour of celebrity showdowns.

(Premieres at 9:00 p.m.) http://www.vh1.com/shows/dyn/vh1_all_access/88854/episode.jhtml

"Love Lounge" Today's topic is A Girl's Guide To Getting It On. (Premieres at 11:00 p.m.) http://www.vh1.com/shows/dyn/love_lounge/series.jhtml

Tuesday, April 5 "All Access: Paris' Most Shocking"

Paris was born stinking rich. Nothing wrong with that. She's also beautiful, famous and a hell of a lot smarter than you think. But Paris' greatest skill is her uncanny ability to shock the pants off of just about everyone, including herself. From her infamous sex video to the mysterious bruises all over her body, the only thing predictable about Paris is her unpredictability. It's time to sit back and explore all the outrageous things that make Paris the kind of girl you can't get enough of.

(Premieres at 10:00 p.m.) http://www.vh1.com/

"Love Lounge" Today's topic is High Fidelity. (Premieres at 11:00 p.m.) http://www.vh1.com/shows/dyn/love_lounge/series.jhtml

Wednesday, April 6 "Love Lounge" Today's topic is Love For Sale. (Premieres at 11:00 p.m.) http://www.vh1.com/shows/dyn/love_lounge/series.jhtml

Thursday, April 7 "Love Lounge" Today's topic is Bedroom Etiquette. (Premieres at 11:00 p.m.) http://www.vh1.com/shows/dyn/love_lounge/series.jhtml

ON VH1 CLASSIC

VH1 Classic's two-hour "ROCK AND ROLL FANTASY CAMP" block premiering Saturday, April 2 at 9:00 pm, captures artist interviews at this now annual event that lets grown-ups act out their rock star dreams for a week by learning the basics of rock and roll performing from some of the music industry's masters.

VH1 Classic's two-hour presentation includes sage advice from this year's world-class "camp counselors" including: Roger Daltrey, Nils Lofgren (E Street Band), Dickey Betts (Allman Brothers Band), Jane Wieldin (The Go Go's), Bret Michaels (Poison), Jon Anderson (Yes), Simon Kirke (Bad Company), Jack Blades (Night Ranger), Elliot Easton (The Cars), Colin Hay (Men At Work) and Bruce Kulick (former KISS guitarist).

http://www.vh1classic.com/

*all times ET/PT

Contacts: Michelle Clark/VH1 212-846-5576

Ariana Urbont/MTVN 310-752-8079

Source: VH1

CONTACT: Michelle Clark of VH1, +1-212-846-5576, or Ariana Urbont of MTVN, +1-310-752-8079

Web site: http://www.vh1.com/ http://www.vh1classic.com/

------- Profile: Ent

International Entertainment News

Satellite Interview Opportunity Friday April 8th 2005

Satellite Interview Opportunity Friday April 8th 2005

'Happy Days' Are Here Again!

New 50's-Style Diner Opens At Paramount's Kings Island Theme Park

AVAILABLE FOR INTERVIEW: MARION ROSS, Actress, "Happy Days" TV series DAVID ZELLNER, Executive Chef - Paramount's Kings Island JEFFREY SIEBERT, Spokesperson - Paramount's Kings Island MAUREEN KAISER, Spokesperson - Paramount's Kings Island

Background:

Marion Ross, the actress who immortalized the role of "Mrs. Cunningham" on the classic TV sitcom "Happy Days" will be on hand to celebrate the opening of the Happy Days Diner at Paramount's Kings Island theme park just outside of Cincinnati, OH on Friday, April 8th. DJ's Wildman Jock and Roxie Rockwell will be playing Rock n' Roll tunes and holding trivia contests, as visitors enjoy the nostalgic recreation of the 1950's. Memorabilia from the show, including a classic jukebox, a vintage television set and photos of the "Happy Days" cast can be found in the interior and exterior of the restaurant.

"Happy Days" was a coming-of-age sitcom set in the 1950's. The story centered on Richie Cunningham, his parents Mr. & Mrs. C, sister Joanie, high school friends Potsy and Ralph, and tough guy Arthur Fonzarelli, aka "the Fonz". "Happy Days" aired for 11 seasons and produced 255 episodes, often set in the fictional diner Arnold's.

The Happy Days Diner will offer a varied menu of classic diner fare including burgers, waffle fries, frosty milkshakes and traditional apple pie. The 364-acre theme park opens for the season on April 9.

For more information viewers can visit http://www.news.pki.com/

To arrange an interview with Marion, David, Jeffrey or Maureen, please contact: Maureen Kaiser at 513-754-5802 or email maureen.kaiser@paramountparks.com

PRNewswire -- March 31

Source: Paramount's Kings Island

Web site: http://www.multivu.com/ http://www.news.pki.com/

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International Entertainment News

/K I L L K I L L K I L L -- blinkx/

/K I L L K I L L K I L L -- blinkx/

We are advised by a representative of blinkx that journalists and other readers should disregard the news release, Reuters Signs Partnership With blinkx TV, issued yesterday, March 30, over PR Newswire.

PRNewswire-FirstCall -- March 31

Source: blinkx

Web site: http://www.blinkx.tv/

------- Profile: Ent

International Entertainment News

From Universal Studios Home Entertainment 'Assault on Precinct 13'

From Universal Studios Home Entertainment 'Assault on Precinct 13'

Storming Onto DVD and VHS May 10, 2005

Ethan Hawke and Laurence Fishburne Face Off in Critically Acclaimed Edge-of-Your-Seat Action Thriller

'Adrenaline-charged' - Us Weekly

UNIVERSAL CITY, Calif., March 31 /PRNewswire/ -- The explosive suspense-packed action thriller "Assault on Precinct 13," starring Ethan Hawke and Laurence Fishburne, comes to DVD and VHS on May 10, 2005 from Universal Studios Home Entertainment. The two riveting leads are joined by an all-star cast including John Leguizamo, Maria Bello, Ja Rule, Drea de Matteo, Gabriel Byrne and Brian Dennehy. Filled with explosive action, nail-biting suspense and surprise plot twists, "Assault on Precinct 13" is a wild and unpredictable edge-of-your-seat ride from the opening scene to the final credits, underscored on the DVD by explosive behind-the-scenes bonus features about how the film's most gripping moments were created. "Assault on Precinct 13" is priced at $29.98 SRP for DVD and VHS and the pre-order close date is April 5, 2005.

CRITICS LEAD THE CHARGE FOR ASSAULT

Top movie critics from around the country have heaped high praise on "Assault on Precinct 13." USA Today's Claudia Puig calls the film "a potent thriller." The Chicago Tribune's Michael Wilmington writes "the movie rips and roars!" while People Magazine dubs it "Scorching! Scores a bull's-eye!" Kevin Thomas of the Los Angeles Times says "Assault on Precinct 13" is "full of surprises, suspense and unexpected twists!" and the New York Post's Lou Lumenick crowns it "a thriller that actually thrills!"

EXPLOSIVE BONUS FEATURES

The "Assault on Precinct 13" DVD includes dynamic behind-the-scenes features that take audiences into the heart of the action and show how it was so realistically created. Bonus features include:

* Armed & Dangerous -- From Tommy guns to semi-automatics, "Assault on Precinct 13's" weapons specialist reveals how he matched gun to character for the film's spectacular shootout sequences.

* Behind Precinct Walls -- A behind-the-scenes tour with the film's production designer divulges how the precinct building was constructed, from concept to computer to screen.

* Plan of Attack -- Go one-on-one with "Assault on Precinct 13's" stunt coordinator as he shows the careful planning behind some of the film's most exciting stunts.

* The Assault Team -- Writer James DeMonaco, director Jean-Francois Richet and producer Jeffrey Silver discuss the inspirations behind the making of the film.

* Explosive Deleted Scenes

* HBO First Look: Caught in the Crosshairs -- A behind-the-scenes look at the making of "Assault on Precinct 13."

SYNOPSIS

Ethan Hawke and Laurence Fishburne lead an all-star cast, including John Leguizamo, Ja Rule and Drea de Matteo, in the explosive, action-packed thriller, "Assault on Precinct 13." Run-down Precinct 13 is about to close its doors forever. But everything changes when a high-security prison transport bus carrying one of Detroit's most vicious criminals (Laurence Fishburne) is unexpectedly re-routed to the station. Soon, the only thing more dangerous than the prisoners inside is the heavily armed gang storming the precinct from the outside. If they're going to survive the night, two men on opposite sides of the law will have to work together to battle lethal enemies who don't follow the code of cop or criminal.

For more information check out www.ap13movie.com.

CAST & FILMMAKERS Director: Jean-Francois Richet Screenwriter: James DeMonaco Producers: Pascal Caucheteux, Jeffrey Silver, Stephane Sperry Executive Producers: Don Carmody, Sebastien Kurt Lemercier, Joseph Kaufman Director of Photography: Robert Gantz Production Designer: Paul Denham Austerberry Editor: Bill Pankow, A.C.E. Costume Designer: Vicki Graef, Georgina Yarhi Music: Graeme Revell Visual Effects Supervisor: Dennis Berardi Cast: Ethan Hawke, Laurence Fishburne, John Leguizamo, Maria Bello, Ja Rule, Drea de Matteo, Matt Craven, Gabriel Byrne, Brian Dennehy

TECHNICAL INFORMATION DVD Street Date: May 10, 2005 Pre-Order Date: April 5, 2005 Copyright: 2005 Universal Studios. All Rights Reserved. Price: DVD $29.98 SRP Selection Numbers: 26294 (Anamorphic Widescreen); 26295 (Full Frame) Running Time: 1 Hour 49 Minutes Layers: Dual (Single-Sided) Aspect Ratio: 2.40:1 (Anamorphic Widescreen); 1.33:1 (Full Frame) Rating: R (For strong violence and language throughout, and for some drug content.) Technical Info: English Dolby Digital 5.1 Surround/DTS 5.1 Surround/Captions; French Dolby Digital 5.1 Surround/Subtitles; Spanish Subtitles

VHS Street Date: May 10, 2005 Copyright: 2005 Universal Studios. All Rights Reserved. Price: $29.98 SRP Selection Number: 62993 Running Time: 1 Hour 49 Minutes Rating: R (For strong violence and language throughout, and for some drug content.) Picture: Full Frame Audio: Hi-Fi Stereo Surround

Further information available at www.ap13movie.com.

Universal Studios Home Entertainment is a unit of Universal Pictures, a division of Universal Studios. Universal Studios is a part of NBC Universal, one of the world's leading media and entertainment companies in the development, production, and marketing of entertainment, news, and information to a global audience. Formed in May 2004 through the combining of NBC and Vivendi Universal Entertainment, NBC Universal owns and operates the No. 1 television network, the fastest-growing Spanish-language network, a valuable portfolio of news and entertainment networks, a premier motion picture company, significant television production operations, a leading television stations group, and world-renowned theme parks. NBC Universal is 80%-owned by General Electric, with 20% controlled by Vivendi Universal.

CONTACTS

Universal Studios Home Entertainment Evan Fong Vivian Mayer Executive Director, Publicity Senior Vice President, Publicity (818) 777-5540 (818) 777-3594

Craig Radow Heather David Manager, Print Publicity Manager, Broadcast Publicity (818) 777-4572 (818) 777-0549

Source: Universal Studios Home Entertainment

CONTACT: Evan Fong, Executive Director, Publicity, +1-818-777-5540, or Vivian Mayer, Senior Vice President, Publicity, +1-818-777-3594, or Craig Radow, Manager, Print Publicity, +1-818-777-4572, or Heather David, Manager, Broadcast Publicity, +1-818-777-0549, all of Universal Studios Home Entertainment

Web site: http://www.ap13movie.com/

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International Entertainment News

Pennsylvania Governor Rendell's Public Schedule - April 1, 2005

Pennsylvania Governor Rendell's Public Schedule - April 1, 2005

April 1, 2005

9:45 a.m. Pennsylvania Governor Rendell to appear on ESPN "Cold Pizza" to discuss Super Bowl bet

CONTACT: Elaine Matangos Pennsylvania Office of the Governor +1-717-783-1116

PRNewswire -- March 31

Source: Pennsylvania Office of the Governor

Web site: http://www.state.pa.us/

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International Entertainment News

Buena Vista Moves Release Date for Touchstone Pictures' 'Dark Water' Up One Month to July 8th

Buena Vista Moves Release Date for Touchstone Pictures' 'Dark Water' Up One Month to July 8th

LOS ANGELES, March 31 /PRNewswire/ -- Touchstone Pictures' chilling new psychological thriller, "Dark Water," will now open on July 8th, one month ahead of its previously scheduled release date, it was announced today (March 31) by Chuck Viane, president of Buena Vista Pictures Distribution. The film, starring Academy Award(R)-winning actress Jennifer Connelly, and helmed by acclaimed director Walter Salles ("The Motorcycle Diaries"), is produced by Bill Mechanic, Roy Lee, and Doug Davison. Based on a film by the creators of the Japanese version of "The Ring," "Dark Water" also stars Oscar(R) nominees John C. Reilly, Tim Roth, and Pete Postelthwaite, along with Dougray Scott, and Camryn Manheim. Rafael Yglesias wrote the screenplay. Angelo Badalamenti ("Mulholland Drive," "A Very Long Engagement") composed the score.

Commenting on the announcement, Viane said, "After viewing a recent cut of 'Dark Water,' we were completely blown away by this amazing and powerful film. We felt that it had tremendous across-the-board appeal, and every potential to become one of the big summer films. A July release date seemed like the ideal time to reach the widest possible audience. This film stands apart from the competition, and Jennifer Connelly gives a terrific performance. It has an engaging and intelligent script, great direction, and performances that set it apart from most other films in this genre. Summer moviegoers from teens to adults are going to love 'Dark Water' and July 8th is the perfect playdate."

Directed by acclaimed director Walter Salles, "Dark Water" is a psychological thriller about a young mother who goes to extreme lengths to solve a mystery and protect her daughter. Dahlia Williams (Jennifer Connelly) is starting a new life; newly separated with a new job and a new apartment. She's determined to put her relationship with her estranged husband behind her and devote herself to raising her daughter, Ceci. But when the strained separation disintegrates into a bitter custody battle, her situation takes a turn for the worse. Her new apartment -- dilapidated, cramped, and worn -- seems to take on a life of its own. Mysterious noises, persistent leaks of dark water, and strange happenings cause her imagination to run wild, sending her on a puzzling and mystifying pursuit to find out who is behind the endless mind games. As Dahlia frantically searches for the links between the riddles, the dark water seems to close in around her. But one thing trumps all others in Dahlia's world: no matter what it is that's out there, she'll stop at nothing to find it.

For More Information Dennis Rice Senior Vice President, Publicity Buena Vista Pictures Marketing 818-560-5610

Source: Buena Vista Pictures

CONTACT: Dennis Rice, Senior Vice President, Publicity of Buena Vista Pictures Marketing, +1-818-560-5610

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International Entertainment News

/K I L L K I L L K I L L -- Sean John/

/K I L L K I L L K I L L -- Sean John/

We are advised by Sean John that journalists and other readers should disregard the news release, Sean 'P. Diddy' Combs and Sean John Take Canada By Storm, issued Tuesday, March 29 over PR Newswire, as it contained some erroneous information. Sean John said a revised release will be issued later today.

PRNewswire -- March 31

Source: Sean John

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International Entertainment News

Pathe Arena IMAX(R) Theatre in Amsterdam opens strong

Pathe Arena IMAX(R) Theatre in Amsterdam opens strong

First Multiplex-Based IMAX Theatre in The Netherlands Outperforms All Other Screens in the Country for Robots

TORONTO, March 31 /PRNewswire-FirstCall/ -- IMAX Corporation (NASDAQ: IMAX; TSX: IMX) today announced that the newly opened IMAX(R) theatre in Amsterdam, operated by Pathe Netherlands, the leading commercial exhibitor in The Netherlands, posted impressive box office performance in its first week of operation. The theatre has the top-performing screen in the country for Twentieth Century Fox's Robots, surpassing the second highest grossing screen by approximately 43 per cent. Robots: The IMAX Experience has been converted into IMAX's format with proprietary IMAX DMR(R) (Digital Re-mastering) technology, and during Pathe Netherlands' opening week, its single IMAX theatre grossed approximately 8.6 per cent of the total box office receipts for the film in The Netherlands.

"We are very encouraged by the early performance of our new IMAX theatre and impressed by the great consumer response to The IMAX Experience(R)," said Lauge Nielsen, Managing Director of Pathe Netherlands. "The new IMAX theatre has considerably increased attendance at our Amsterdam multiplex this past week, with moviegoers happy and willing to pay an extra four dollars to experience Robots in IMAX's format. We look forward to the weeks ahead and offering audiences future digitally re-mastered IMAX releases."

The Pathe ArenA IMAX theatre features IMAX(R) MPX(TM) technology, which was specifically designed to make it easier and more cost effective for commercial exhibitors to enter the IMAX business. The retrofitted IMAX theatre opened to the public on March 24th, a mere seven weeks after the agreement was signed. Preliminary exit poll research shows that audiences are very satisfied with the high quality of The IMAX Experience and perceive it as an added value. Additionally, more than 73 per cent of those surveyed indicated they came to the Pathe ArenA multiplex especially to visit the IMAX theatre.

"We are very pleased with the successful debut of the first IMAX theatre in Amsterdam and excited to be working with Pathe Netherlands, the leading commercial exhibitor in the country," said IMAX Co-CEOs and Co-Chairmen Richard L. Gelfond and Bradley J. Wechsler. "Moviegoers around the world are turning out in large numbers to experience blockbuster movies in IMAX's format, which is driving incremental revenues for both Hollywood studios and IMAX theatre operators. The Pathe ArenA IMAX theatre is one of our most important locations in Europe, and we believe its strong opening bodes well for further development of the commercial IMAX theatre network on the continent."

Robots: The IMAX Experience has posted solid box office returns and been well received by moviegoers since being released in the United States on March 11th. The film has now grossed more than $4.3 million in 58 North American IMAX theatres, for a cumulative per screen average of nearly $75,000. In total, Robots has now grossed more than $90 million domestically.

About Pathe Netherlands -----------------------

Pathe Netherlands is part of EuroPalaces, Europe's leading cinema exhibition company. In the Netherlands, Pathe operates 12 cinemas with 100 screens. Over the years, Pathe has established itself as a very strong brand with consumer awareness levels of over 90%. Consistent quality in product, projection and service has made Pathe the market leader.

About IMAX Corporation ----------------------

Founded in 1967, IMAX Corporation is one of the world's leading entertainment technology companies and the newest distribution window for Hollywood films. IMAX delivers the world's best cinematic presentations using proprietary IMAX, IMAX(R) 3D, and IMAX DMR technology. IMAX DMR (Digital Re- mastering) makes it possible for virtually any 35mm film to be transformed into the unparalleled image and sound quality of The IMAX Experience. The IMAX brand is recognized throughout the world for extraordinary and immersive entertainment experiences. As of December 31, 2004, there were 248 IMAX theatres operating in more than 35 countries.

IMAX(R), IMAX(R) 3D, IMAX DMR(R), IMAX(R) MPX(TM) and The IMAX Experience(R) are trademarks of IMAX Corporation. More information on the Company can be found at www.imax.com.

This press release contains forward looking statements that are based on management's assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. Important factors that could affect these statements include the timing of theatre system deliveries, the mix of theatre systems shipped, the timing of the recognition of revenues and expenses on film production and distribution agreements, the performance of films, the viability of new businesses and products, and fluctuations in foreign currency and in the large format and general commercial exhibition market. These factors and other risks and uncertainties are discussed in the Company's Annual Report on Form 10-K/A for the year ended December 31, 2003 and in the subsequent reports filed by the Company with the Securities and Exchange Commission.

Source: IMAX Corporation

CONTACT: Media: IMAX Corporation, New York, Romi Schutzer, (212) 821-0144, rschutzer@imax.com; Pathe: Publicity Company, Amsterdam, Trix van Alphen, 020-6127000, trix@publicy.nl; Entertainment Media: Newman & Company, Los Angeles, Al Newman, (310) 278-1560, asn@newman-co.com; Analysts: IMAX Corporation, New York, Cheryl Cramer, (212) 821-0121, ccramer@imax.com; Business Media: Sloane & Company, New York, Whit Clay, (212) 446-1864, wclay@sloanepr.com

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International Entertainment News

RealNetworks and Meredith Interactive Announce Partnership to Bring Casual Games to Top Online Women's Destinations

RealNetworks and Meredith Interactive Announce Partnership to Bring Casual Games to Top Online Women's Destinations

Better Homes and Garden.com (BHG.com), Ladies' Home Journal.com (LHJ.com) and American Baby.com to Offer More Than 280 Games in New Game Section

SEATTLE, March 31 /PRNewswire-FirstCall/ -- In yet another indication of women's growing interest in casual games, RealNetworks(R), Inc. (NASDAQ:RNWK) and Meredith Corporation (NYSE:MDP), publisher of such well-known titles as Better Homes and Gardens, Ladies' Home Journal and American Baby, announced today a jointly operated games area on some of the publishing firm's top internet properties. These games are currently available on the Meredith sites, which reach more than eight million unique visitors a month.

With more than 63 percent of American adults online, demand for fun, simple and safe entertainment is growing. Since 2002, games played online have increased 45 percent among women, who comprise 61 percent of active Internet users.*

"We are excited to deliver RealArcade's(R) outstanding games experience to our online readers," says Dave Kurns, Editor-in-Chief, Meredith Interactive. "This agreement enables us to continue to deliver the type of first-class, trusted content that our online readership has come to expect and represents another important step in creating fun, simple and safe destinations for online information and entertainment."

RealArcade provides an industry leading casual games experience that delivers simple access to a broad selection of fun online and downloadable games. These games are a perfect fit for the diverse group of readers who visit the Meredith sites for helpful, trend conscious information and entertainment.

In making the announcement, Julie Pitt, General Manager, Real Games Division said, "Meredith Corporation has long been a leader in publishing for women and families, and we are thrilled to provide their online readership a quality games experience through RealArcade. We are confident that through our combined efforts we will deliver a great entertainment break for grownups in a fun and simple way with games for every taste."

RealArcade and GamePass(R) are part of a family of consumer entertainment and information products and services RealNetworks offers. RealNetworks' subscription services have more than 1.55 million paid subscribers. By working with RealNetworks, online media partners can offer some of these products and services to their customers to enrich and expand their services. As the leading all-in-one Internet games service, RealArcade supports ad-based transaction and subscription business models.

For additional information, please visit American Baby.com, BHG.com, and Ladies Home Journal.com websites.

About Meredith Corporation

Meredith (www.meredith.com) is one of the nation's leading media and marketing companies with businesses centering on magazine and book publishing, television broadcasting, integrated marketing and interactive media. The Meredith Publishing Group, the country's foremost home and family authority, features 18 magazine brands including Better Homes and Gardens, Ladies' Home Journal and American Baby and approximately 150 special interest publications. Meredith owns or operates 14 television stations including properties in top- 25 markets such as Atlanta, Phoenix and Portland, and an AM radio station.

Meredith has approximately 350 books in print and has established marketing relationships with some of America's leading companies including The Home Depot, DIRECTV, DaimlerChrysler, Wal-Mart and Carnival Cruise Lines. Meredith's consumer database, which contains approximately 75 million names, is one of the largest domestic databases among media companies and enables magazine and television advertisers to target marketing campaigns precisely. Additionally, Meredith has an extensive Internet presence that includes 26 web sites and strategic alliances with leading Internet destinations.

About RealArcade

RealArcade offers consumers a fun, unique and compelling way to discover, acquire and play PC games in a single, easy to use environment. RealArcade provides play-before-you-pay access to over 280 of the best in downloadable games (titles such as Feeding Frenzy, Mah Jong Quest and Word Slinger), free online Web games and Palm games. RealArcade also recognizes and manages many retail CD titles and top shareware games, giving users a one-stop destination for any game on their PC. Features such as download and installation management, automatic systems requirements checking and integrated e-commerce make acquiring downloadable games a safe, easy and reliable experience for consumers. RealArcade is available for free at: http://www.realarcade.com/ .

About RealNetworks, Inc.

RealNetworks, Inc. is the leading creator of digital media services and software including the award-winning Rhapsody Internet jukebox service, RealArcade downloadable game service and RealPlayer 10. Consumers can access and experience audio/video programming and download RealNetworks' consumer software at http://www.real.com/ . Broadcasters, network operators, media companies and enterprises use RealNetworks' products and services to create and deliver digital media to PCs, mobile phones and consumer electronics devices. RealNetworks' systems and corporate information is located at http://www.realnetworks.com/ .

NOTE: RealNetworks and Rhapsody are trademarks or registered trademarks of RealNetworks, Inc. All other trademarks are the property of their respective owners.

* Pew Internet And The American Life Survey, December 2003

Source: RealNetworks, Inc.

CONTACT: Maureen Farley of RealNetworks, Inc., +1-206-892-6653 (o), or mfarley@real.com; or Amy Jantzen of SutherlandGold, +1-866-262-7373, ext. 104 (o), or amy@sutherlandgold.com, for RealNetworks, Inc.; or Patrick Taylor of Meredith Corporation, +1-212-551-6984, or Patrick.Taylor@Meredith.com

Web site: http://www.meredith.com/

Web site: http://www.realnetworks.com/

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