WARNER MUSIC GROUP LICENSES MUSIC VIDEOS TO INTERTAINER FOR VOD

CULVER CITY, February 6, 2001 - Intertainer, the entertainment on-demand broadband network, and Warner Music Group (WMG) today announced a non-exclusive licensing agreement. Under the agreement, Intertainer users in the U.S. on the Intertainer.tv and Intertainer.com broadband platforms will have on-demand secure streaming access to WMG-controlled music videos from The Atlantic Group, Elektra Entertainment Group, London-Sire Records, and Warner Bros. Records Inc. Intertainer will also work with Warner Music Group to market new artists and promote catalog titles.

"Securing Warner Music Group's impressive roster of superstars and developing artists is essential for maintaining a comprehensive music category that fans return to again and again," says Jonathan Taplin, Intertainer President and CEO. "This agreement with Warner Music Group helps ensure the highest-quality viewing experience for our users."

"Intertainer's unique on-demand broadband capabilities present an ideal venue for us to showcase our artists," said Paul Vidich, executive vice president, strategic planning and business development for WMG. "By continuing to aggressively license our content to innovative companies like Intertainer, we're able to provide our artists with the widest possible audience while delivering exceptional music to fans around the world."

Music videos are available on Intertainer.tv, a high-speed (750 kbps) broadband entertainment on-demand service available through affiliate DSL and cable modem providers, and Intertainer.com, a lower bit-rate (384 kbps) broadband Web site. Content on the Intertainer.tv includes first-run pay-per-view movies from top Hollywood studios, popular television programming, music videos, concerts and more. Content on the free Intertainer.com broadband Web site includes the American Film Institute's library of short films, music videos, original specials, movie trailers and more.

While viewing a music video, an Intertainer user can review a track list from the artist's current release, purchase the current or past releases and find out more information about the artist.

About Intertainer

Intertainer (www.intertainer.com) delivers the largest selection of movies, music videos, television and shopping on-demand to your PC or TV. The service features content from unprecedented partner relationships including Universal Pictures, Warner Bros., Disney, A&E Networks, DreamWorks SKG, Twentieth Century Fox, New Line Cinema, NBC, Discovery, ESPN, Pearson Television, Warner Music Group, EMI Music, Sony Music and many others. Enhanced TV functionality, interactive advertising, e-commerce opportunities and personalization features round out the Intertainer experience. Strategic partners include Comcast, Intel, Microsoft, NBC, Sony and Qwest.

About Warner Music Group

Warner Music Group is home to some of the world's leading record companies, including The Atlantic Group, Elektra Entertainment Group, London-Sire Records, Rhino Entertainment and Warner Bros. Records Inc. The company's Warner Music International, with a roster of more than 1,000 artists, operates in more than 65 countries through various subsidiaries, affiliates and non-affiliated licensees. Warner Music Group also includes one of the world's leading music publishers, Warner/Chappell and WEA Inc., which is comprised of three companies, WEA Corp., WEA Manufacturing, and Ivy Hill. Warner Music Group is a division of AOL Time Warner.