Munich, February 29, 2000 - The Munich-based media corporation Intertainment AG entered into a 22.4 million US-dollar Free-TV deal with the independent Spanish distributor Manga Films at AFM (American Film Markets). Manga Films, in which the Spanish media giant Catalunya Communicacio is to acquire an interest, will purchase from Intertainment the Spanish first exploitation licenses for Free-TV. The film package includes productions to be released within the next twelve months at the cinema or on video, such as inter alia "Art of War" (Wesley Snipes), "Get Carter" (Sylvester Stallone), "Battlefield Earth" (John Travolta) and "The Pledge" (Jack Nicholson). In addition to the Free-TV and all rights revenues, which in Spain alone amount to 22.4 million US-dollars for the first license, there will be further revenues from the cinema as well as video distribution and sales and the granting of Pay-TV licenses. Simultaneously, Intertainment is actually negotiating the granting of the German, French, Italian, English, Scandinavian and East European Free-TV licenses for the same films.

Rüdiger Baeres, Chairman of Intertainment AG: "This transaction proves that the Intertainment strategy of marketing our license rights on a European level is indeed the right policy. In addition to the cinema, video and Pay-TV distribution via Warner Bros and 20^th Century Fox, we now, step-by-step, will grant Free-TV licenses to our films all over Europe."

The deal with Manga Films is the first big Free-TV transaction in a major European area resulting from the co-production and co-financing agreement with Franchise Pictures and Original Voices.

"The Whole Nine Yards" still number one

The Intertainment production "The Whole Nine Yards" is still number one of the US movie charts. On the second weekend following the impressive cinema release in the United States the action comedy starring Bruce Willis successfully held its ground against the new releases "Wonder Boys" with Michael Douglas and "Reindeer Games" with Ben Affleck.