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To: Dealer who wrote (11309)4/6/2000 9:02:00 AM
From: Dealer  Respond to of 35685
 
RNWK--Global Media Streams with ClassicMovies.com Owner of World-renowned Classic Film Library Chooses Global Media as Streaming and E-commerce Partner
PR NEWSWIRE - April 06, 2000 04:30
VANCOUVER, Apr 6, 2000 /CNW-PRN via COMTEX/ -- Global Media Corp. (OTC BB: GLMC), www.globalmedia.com, an award-winning Internet company focused on providing companies with revenue generating e-commerce and streaming solutions, today announced the signing of a streaming video and e-commerce agreement with ClassicMovies.com, Inc. (www.classicmovies.com), an e-commerce entertainment company devoted to the worldwide distribution of classic movies and associated merchandise.

ClassicMovies.com is the first interactive showcase of classic movie content on the Internet and plans to be movie lovers' definitive source for all things related to Classic Movies. Global Media has built for ClassicMovies.com a complete entertainment and e-commerce experience within an interactive video player and a private label store. Consumers can access complete films and trailers of numerous classic titles as well as purchase these and many others through the online store. The ClassicMovies.com player is available to an installed base of over 100 million RealPlayer users.

ClassicMovies.com has licensed exclusive Internet rights to 700 titles that include the works of Buster Keaton, Douglas Fairbanks and Alfred Hitchcock, among many other timeless movie classics, old and recent. The ClassicMovies.com player and store will be showcased among other innovative streaming and e-commerce solutions provided by Global Media at the Company's booth at next week's National Association of Broadcasters convention in Las Vegas.

Global Media's President Jeff Mandlebaum commented: `The ClassicMovies.com player is an excellent showcase of how our solution adds valuable interactive, advertising and e-commerce functionality to the content of our partners. ClassicMovies.com is very well positioned to become a leading online provider of classic movie content for sale, viewing and licensing.'

``A movie doesn't have to be `old' to be a classic. It's the film's quality and universal appeal that grants it that status. Commencing with our partnership with Global Media, we plan to make ClassicMovies.com the definitive, single source for all things relating to classic movies from around the world,' said Gary Dartnall, Chairman of ClassicMovies.com.

About ClassicMovies.com, Inc.

ClassicMovies.com is a privately held e-commerce entertainment company devoted to the worldwide distribution of classic movies and associated merchandise. The Company also provides an interactive information platform for classic film lovers everywhere. Quality motion pictures, from the silent era to the recent past, are available at ClassicMovies.com on home videocassette and DVD as well as by direct streaming download.

ClassicMovies.com is proud to present exclusively, its unique catalog of over 700 films and shorts, assembled by The Douris Corporation for distribution via the Internet. Collections of works by legends of cinema's Golden Era include pictures starring Buster Keaton, Charlie Chaplin and Douglas Fairbanks. Looking to the future of entertainment distribution, ClassicMovies.com borrows from the past to deliver streaming video of its classic movies to tomorrow's broadband consumers.

About Global Media Corp.

Winner of the prestigious Linux Journal award for the ``Best Overall Linux Solution' at Comdex Fall '99, Global Media provides Internet e-commerce and streaming tools to companies that are looking to leverage their existing brand names and customer base to the Internet. Global Media's streaming media and e-commerce infrastructure focuses on providing businesses with a totally integrated, private branded solution: interactive stimulating audio and video, banner and rich media advertising, and e-commerce.

The Global Media e-commerce solution offers private label e-commerce capabilities. The Global Media Broadcast Network (``GMBN') is a distributed, multi-tiered Internet broadcast network that combines leading edge signal aggregation and broadcast technologies to provide clients and end users with what Global Media believes to be the highest quality streaming media experience available.

Global Media trades on the NASD OTC Bulletin Board under the symbol GLMC. The Company has established important relationships with RealNetworks (Nasdaq: RNWK - news), Liquid Audio (Nasdaq: LQID - news), MCI/Worldcom (Nasdaq: WCOM - news) and Muze.

Global Media is a fully reporting issuer to the SEC and is listed in Standard & Poor's Corporation Records.

This press release may contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934 and is subject to safe harbor created by these sections. Actual results may differ materially due to a number of risks, including technological and operational challenges, changes in consumer preferences and developments affecting the Internet.

SOURCE Global Media Corp.