BigStar.com And StarMedia Bring Videos And DVDs To Hispanics Across The U.S. And Puerto Rico

BigStar Entertainment Inc (NASDAQ: BGST, www.bigstar.com) and StarMedia Network (NASDAQ: STRM, www.starmedia.com) today announced a strategic content and e-commerce agreement that brings BigStar's Shop-A-Tainmentô strategy and thousands of Spanish- and English-language videos and DVDs to StarMedia's growing online community of Hispanic users in the U.S. and Puerto Rico.Shop-A-Tainmentô is the new Internet term that describes the combination of a fun online shopping experience with an entertaining, interesting and informative environment. Bigstar.com's Shop-A-Tainment strategy integrates captivating information about movies and movie stars within a fun shopping site resulting in one of the most entertaining shopping experience for movies online.As part of the agreement, bigstar.com becomes an official vendor on the StarMedia Shopping Channel with its products promoted in Spanish throughout StarMedia and through joint online and offline marketing efforts. Bigstar.com's proprietary content will also be translated and integrated into StarMedia's popular channels, providing the growing population of Hispanics in the U.S. and Puerto Rico with access to bigstar.com's extensive filmographies, movie stills, biographies, interviews and reviews.According to a 1999 study by Strategy Research Corporation, the number of Hispanics in the United States will grow from 34 million in 1999 to 42 million by 2005, making it the largest ethnic minority. According to a 1999 report by eMarketer, an aggregator of Internet information, there are currently 7 million U.S. Hispanics Internet users, representing 21percent of the total U.S. Hispanic population.""We are committed to providing our users with a great assortment of in-language entertainment products,"" said Tomas Melian, Vice President of E-commerce, StarMedia Network. ""Our agreement with BigStar enables our users in the U.S. and Puerto Rico to purchase movies and DVDs from a very reputable online vendor. We are delighted to offer our visitors bigstar.com's entertainment products.""""StarMedia is the online destination for Spanish speakers,"" said David Friedensohn, CEO of BigStar Entertainment. ""We are excited to be able to offer our comprehensive inventory of Spanish and English language movies to their users. Our international expansion is built on bringing our Shop-A-Tainment experience to leading online brands such as StarMedia.""The online bigstar.com store within StarMedia features a great selection of Spanish-language versions of movies such as Saving Private Ryan, Austin Powers' The Spy Who Shagged Me, Wild Wild West, and the Prince Of Egypt. StarMedia users can also quickly find the latest film releases from their favorite stars. The store offers a comprehensive selection of movies by Salma Hayek, Antonio Banderas, Jennifer Lopez, Rosie Perez, Ruben Blades, Edward James Olmos and others.About StarMedia NetworkStarMedia Network is the leading Internet media company targeting Latin America and other Spanish- and Portuguese-speaking markets worldwide. The Company is committed to providing Spanish and Portuguese speakers with a complete selection of services and products that take full advantage of Internet technologies. StarMedia Network operates StarMedia (www.starmedia.com), the leading global online community for Spanish and Portuguese speakers; Periscopio (www.periscopio.com), a new, powerful information portal for Spanish speakers worldwide; LatinRed (www.latinred.net), one of the largest Spanish language online communities; OpenChile (www.openchile.cl), a local Chilean portal; Cade? (www.cade.com.br) and Zeek! (www.zeek.com.br), two of the leading online directories in Brazil; StarMedia Broadband, the company's broadband services arm; and StarMedia Mobile, its wireless division. Founded in 1996, the company employs over 600 people with operations throughout Latin America, the U.S. and Spain.About BigStar EntertainmentBigStar Entertainment, (www.bigstar.com; AOL keyword: BigStar) is a leading Shop-A-Tainment-filmed entertainment destination site, based on internal analysis of traffic, sales and other metrics. www.bigstar.com is exclusively dedicated to filmed entertainment products and sells more than 40,000 titles of videos and DVDs.