Genius Products, Inc. to Become the Exclusive Distributor of ``The Twilight Zone'' Audio CDs; First Six 4-CD Collections to Hit Retailer's Shelves October 2004

Business Wire, July 13, 2004

SAN DIEGO -- Genius Products, Inc. (OTCBB:GNPI) as part of its multi-year licensing agreement with Falcon Picture Group, the producers of "The Twilight Zone Radio Dramas," will act as the company's exclusive retail distributor of hundreds of hours of radio drama on CD.

Genius Products plans to release the first six 4-CD collections, featuring 24 of Rod Serling's famous stories, at retail this October 2004.

"The Twilight Zone Radio Dramas" are new, full-cast radio versions of Rod Serling's classic TV series, and feature many of today's Hollywood celebrities in the starring roles, including: Jim Caviezel, Jane Seymour, Lou Diamond Phillips, Jason Alexander, Blair Underwood, Ed Begley, Chris McDonald, Adam Baldwin, Kate Jackson, Bruno Kirby and many others. Falcon Picture Group has licensed the radio remake rights to "The Twilight Zone" from CBS Enterprises and also has an agreement with The Rod Serling Estate. The series is hosted by Stacy Keach and is broadcast nationwide on more than 100 commercial radio stations, with many of the markets ranking the show #1 in its timeslot. They are among the most popular shows heard on their channels on XM and SIRIUS satellite radio, and are heard in 177 countries throughout the world on The American Forces Radio & Television Service. Genius Products will utilize the broadcast platforms to promote the retailers by name that carry the audio collections.

"'The Twilight Zone' radio series has found a massive following and a loyal audience through our many broadcast outlets around the world, and we believe that fans of the radio show and the classic TV show will want to collect the episodes on audio CD," stated Carl Amari, CEO of Falcon Picture Group. "Now, with the help of Genius Products, a leader in the distribution of audio CDs to mass retail, they will find their way to retail shelves this October."

Klaus Moeller, CEO of Genius Products, added, "'The Twilight Zone' has been a fan favorite for almost 50 years, and its brand recognition is immense. We're proud to bring this new radio version of this classic series to market, and we look forward to the CDs being a big hit in the more than 20,000 retail locations that we're earmarking to distribute them."

"The great thing about 'The Twilight Zone' is that the series covers every genre from comedy to westerns to science fiction to horror," stated Roger Wolski, Producer of "The Twilight Zone Radio Dramas." "Listeners get to hear their favorite movie and TV stars appearing in updated stories based on scripts by the great Rod Serling. Now, listeners can collect these programs on audio CD, thanks to Genius Products and the many retailers that will carry them."

About Genius Products, Inc.

Genius Products, Inc. (OTCBB:GNPI) is a multi-brand company that designs and markets family entertainment products including DVDs, videos, CDs and cassettes. The products are sold under Baby Genius(TM), Kid Genius(TM) and other licensed brands such as Guess How Much I Love You(TM), Paddington Bear(TM), Raggedy Ann & Andy(TM) and the AMC(TM) and TV GUIDE(TM) brand names. Our products are distributed at major retail stores nationwide such as Target, Wal-Mart, Kmart, Sams Club, Costco, Toys R Us, Babies R Us, Borders, Best Buy and Shopko. We also license the Baby Genius brand to third-party companies for a variety of products, including books, apparel and infant care products. Promotional partners include Kellogg's, The World Famous San Diego Zoo, Playtex, Fazoli's and Child Magazine.

About Falcon Picture Group

Falcon Picture Group, LLC. is a multi-brand company that develops audio and video entertainment products including DVDs, video, CDs and cassettes. Falcon has license agreements to develop audio and/or video content under the brands TV GUIDE, AMC, The Twilight Zone, and BOZO the Clown. Falcon also produces the nationally syndicated radio series "The Twilight Zone Radio Dramas," hosted by Stacy Keach, heard on 100 radio stations, XM and SIRIUS Satellite radio, The BBC and all over the world through The American Forces Radio & Television Service. All of Falcon Picture Group's entertainment products are distributed exclusively through Genius Products, Inc.

About CBS Consumer Products

CBS Consumer Products, a division of CBS Enterprises, manages the worldwide licensing, merchandising and video activity for CBS Enterprises and King World Productions, Inc.

Except for historical matters contained herein, the matters discussed in this press release are forward-looking statements and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. The forward-looking statements reflect assumptions and involve risks and uncertainties, which may affect our business, forecasts, projections and prospects, and cause results to differ from these forward-looking statements. Actual results could vary for many reasons, including but not limited to, the timely development and acceptance of new products and general market conditions. Other such risks and uncertainties include our ability to grow our business, to obtain additional licenses, to meet anticipated release schedules and other matters, which are described in our filings with the Securities and Exchange Commission.