CinemaNow To Offer Download-To-Own Movies From Sony Pictures Home Entertainment And Lionsgate

Ground-Breaking Agreements Let CinemaNow Customers Download and Own Movies The Same Time They are Available on DVD

April 3, 2006

CinemaNow Inc., the leading Internet provider of premium on-demand movies, today announced it has signed pioneering licensing agreements with Sony Pictures Home Entertainment and Lionsgate to offer movies for download-to-own purchase through its Web site (www.cinemanow.com). This will be the first time CinemaNow has provided movies from major studios for electronic sell-through. It is also the first time content has been made available on CinemaNow in the traditional "home video window." Beginning today, CinemaNow customers can choose from more than 85 premium Sony Pictures Home Entertainment, MGM, and Lionsgate movies for legal and secure download. Sony Pictures distributes MGM movies in the home entertainment market. New releases, catalog favorites, and older titles will be available for prices ranging from $9.95 to $19.95. For a limited time CinemaNow will also offer an exclusive "Buy One, Get One for $4.95" promotion, allowing its customers who buy one movie to purchase another for just $4.95. "This is the milestone we've been waiting for. CinemaNow has always believed that the ability to sell studio movies at the same time they are released for home video would be the catalyst for explosive growth in our industry," said Curt Marvis, CEO of CinemaNow. "Now our customers can download and own the movies they want, when they want, with the convenience of on-demand access." With the new download-to-own option, customers can purchase and download a legal, permanent copy of a Sony Pictures Home Entertainment or Lionsgate movie for unlimited playback on the download device. All content will be copy protected by Microsoft's Windows Digital Rights Management (DRM) software. "Sony Pictures Entertainment has always been a pioneer in the entertainment industry, and together with CinemaNow we're moving beyond traditional media to embrace the digital age as never before," said Benjamin S. Feingold, President of Worldwide Home Entertainment, Digital Distribution and Acquisitions for Sony Pictures Home Entertainment. "We're truly excited to provide consumers with the ease and convenience of digital downloads." "As an innovative company, we are always looking at new and exciting ways to increase access and add value to our vast catalogue of filmed entertainment content," said Lionsgate Chief Executive Officer Jon Feltheimer. "From its inception six years ago, we have believed that CinemaNow was ideally positioned to be a leader in the digital distribution of that content." Among the movies initially offered on a download-to-own basis will be recent hits such as "Memoirs of a Geisha" and "Saw II," as well as catalogue favorites ranging from "Easy Rider" to "Bad Boys." Upcoming titles that will be available the same day as their DVD release include the Jim Carey comedy "Fun with Dick and Jane," on April 11th, and the horror film "Hostel," on April 18th. Selections of both new and classic Sony Pictures Home Entertainment and Lionsgate movies offered for sale through CinemaNow will continue to grow. About CinemaNow CinemaNow, Inc. (www.cinemanow.com) is the global leader in broadband video-on-demand. CinemaNow legally offers content from a library of more than 4,000 new and classic movies, television programs, music concerts, and music videos from 20th Century Fox, ABC News, Disney, HDNet, Lionsgate, MGM, Miramax, NBC Universal, Sony, Sundance Channel, Warner Bros., and more than 250 other licensors for downloading or streaming. Founded in 1999, CinemaNow continues to be an innovator in the video-on-demand industry with the introduction of high-definition content and support for portable media devices. CinemaNow counts Menlo Ventures, Lionsgate, Microsoft, Cisco Systems, and Blockbuster as investors. About Sony Pictures Home Entertainment Sony Pictures Home Entertainment is a Sony Pictures Entertainment company. SPE is a subsidiary of Sony Corporation of America (SCA), a subsidiary of Tokyo-based Sony Corporation. SPE's global operations encompass motion picture production and distribution; television production and distribution; digital content creation and distribution; worldwide channel investments; home entertainment acquisition and distribution; operation of studio facilities; development of new entertainment products, services, and technologies; and distribution of filmed entertainment in 72 countries. Sony Pictures Entertainment can be found on the World Wide Web at http://www.sonypictures.com. About Lionsgate Lionsgate is the premier independent producer and distributor of motion pictures, television programming, home entertainment, family entertainment, and video-on-demand content. Its prestigious and prolific library is a valuable source of stable, recurring revenue and is a foundation for the growth of the Company's core businesses. The Lionsgate brand name is synonymous with original, daring, quality entertainment in markets around the globe.

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http://www.cinemanow.com
http://www.sonypictures.com