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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Money Maker (MM) who wrote (67626)	4/12/1999 9:42:00 AM
From: Doug Robinson	Read Replies (1) \| Respond to of 119973

BIGE-GREAT NEWS!!CBS Corporation and Big Entertainment Announce $100,000,000 Equity For Promotion Deal CBS to Receive 35% Equity Stake in hollywood.com hollywood.com to be Widely Promoted on CBS NEW YORK and BOCA RATON, Fla., April 12 /PRNewswire/ -- CBS Corporation (NYSE: CBS - news) and Big Entertainment, Inc. (Nasdaq: BIGE - news) today announced that they have signed an agreement in principle for CBS to receive a 35% ownership position in a new joint venture company, which will own hollywood.com. In exchange, the new joint venture, to be called hollywood.com, will receive $100,000,000 of CBS promotion and content across the full range of CBS properties. Big Entertainment will own 65% of the joint venture. CBS will also receive warrants to increase its ownership by 5% for additional promotion or cash. hollywood.com is a premier online movie service devoted exclusively to movie information and news.