HDNet Announces Acquisition of Certain HDTV Television Series from Paramount

DALLAS--HDNet announced today that it has reached an outputagreement with Paramount Domestic Television, giving HDNet thehigh-definition television broadcast rights to certain series,originally produced in HDTV.

Under the agreement, HDNet gains high-definition satellite and cabletelecast rights for a number of Paramount television series shot in HD.HDNet will begin broadcasting several of the shows in early 2003.Initial series are That's Life, Big Apple, Some of MyBest Friends, Love and Money, Wolf Lake, and FirstMonday.

"We are very excited to be working with Paramount," said Mark Cuban,co-founder and president of HDNet. "They have certainly helped raisethe bar for HD programming, and we look forward to working with themfor many years."

About HDNet HDNet, (www.hd.net), the leader in highdefinition broadcasting, produces and televises more hours of HDTVsports, entertainment and news programming each week than any othernetwork. Live sports include National Hockey League games, U.S. OlympicCommittee events, CART auto racing, boxing, college football andbasketball games. Entertainment programming includes fashion shows,parades, concerts, Broadway musicals and full-length feature films.HDNet also produces original programming, including groundbreakinginternational news reports from Afghanistan, the Middle East, Mexico,India and Pakistan.

Co-founded by Mark Cuban, owner of the Dallas Mavericks, and GeneralManager Philip Garvin, HDNet is currently distributed on DIRECTV tocustomers with an HDTV set, receiver, and elliptical dish.