CinemaNow Bolsters Movie Library with Addition of Sony Pictures; Users Can Download Sony's New Release and Library Titles via the CinemaNow Web Site

Business Wire, Sept 15, 2004

SANTA MONICA, Calif. -- CinemaNow Inc., the leader in broadband content-on-demand distribution and technology, today announced it has entered into an agreement with Sony Pictures Television International (SPTI), a division of Sony Pictures Entertainment, to deliver first-run pay-per-view and library titles for download via the CinemaNow Web site, www.cinemanow.com.

"For the past 5 years, CinemaNow has been devoted to building a sustainable business model for the distribution of video content through superior technology, marketing relationships with industry leaders and a focus on giving control to the consumers," said Bruce Eisen, executive vice president of CinemaNow. "The addition of Sony's high-caliber films to our existing library is a significant step forward in providing users with the greatest selection of movie content available on-demand via any platform."

As part of the agreement, CinemaNow will offer Sony's new release films the same day they become available in their traditional pay-per-view window along with previously released movies from Sony's vast film library. New release titles from Sony currently being offered by CinemaNow include the comedy "50 First Dates," starring Adam Sandler and Drew Barrymore, and the hit movie "Hellboy." All movies are offered on a 24 hour rental basis and priced at $3.99 for first-run films and $2.99 for library titles.

"Sony Pictures is pleased to support the growing array of digitally delivered, on-demand movie services and is excited to work with CinemaNow which not only provides consumers with a broad spectrum of high quality films but also protects intellectual property by creating a secure environment for distribution via the internet," stated Peter Iacono, Executive Vice President Distribution, Sony Pictures.

In addition to Sony, CinemaNow's film suppliers include Disney, Fox, Lions Gate, MGM, Miramax and Warner Bros., and hundreds of independent studios. CinemaNow has compiled one of the most extensive and comprehensive libraries of video content available for broadband distribution. The CinemaNow library features more than 5,000 films, shorts, music concerts and television programs from over 200 licensors. More than 2,000 motion pictures are currently available on CinemaNow.com.

About CinemaNow

CinemaNow, Inc. (www.cinemanow.com) is the global leader in Internet-based video-on-demand (VOD) and subscription video-on-demand (SVOD) distribution and technology. Through its growing list of content partners including 20th Century Fox, Disney, Lions Gate, MGM, Miramax, Sony and Warner Bros., the CinemaNow Web site has become the premier destination for the authorized downloading and streaming of feature films on the Internet. CinemaNow has also developed PatchBay(TM), a proprietary content-on-demand distribution and management system that runs the CinemaNow Web site, and is available as a licensable technology solution.

About Sony Pictures Television International

Sony Pictures Television International (SPTI) operates three complementary lines of business: distribution of SPE's feature films and television programming to television outlets around the world, local television production in key international markets, and international television networks. In addition to being a leader in the distribution of current and classic U.S. and international films and television product worldwide, SPTI produces high profile, locally produced television in local languages. With dedicated offices in Brazil, France, Germany, Hong Kong, Italy, Mexico, Spain and the United Kingdom, SPTI currently oversees production in eight regions. SPTI's worldwide television networks portfolio is a key strategy in the Company's long-range commitment to the global marketplace, with over 35 networks in more than 100 countries reaching over 240 million viewers worldwide. SPTI is a Sony Pictures Entertainment company.

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