WASHINGTON, D.C., FEBRUARY 28, 2000 - Representatives of the U.S. motion picture, television and professional sports industries, alongside Canadian broadcasters and producers, announced today that iCraveTV has agreed to an out-of-court settlement that shuts down the iCrave Internet site. The settlement states that the named defendants will never again engage in the illegal streaming of television signals into the U.S. via the Internet.

The settlement comes after a U.S. District Judge in Pittsburgh issued a preliminary injunction order on February 8, 2000 against iCraveTV and the individuals behind the Internet operation including William R. Craig, William R. Craig Consulting, George Simons and TVRadio Now Corp, ordering the web site to stop its unauthorized transmission of broadcast signals into the U.S. via the Internet - a direct violation of U.S. copyright law.

Jack Valenti, President and Chief Executive Officer of the Motion Picture Association of America heralded today's settlement as a victory for intellectual property protection on the Internet. "The resolution of this matter will serve as a deterrent to anyone who seeks to take that which they do not own. Legitimate consumers, creative artists and copyright holders everywhere should join us in celebrating today's settlement. We remain committed to using every resource at our disposal to defend our intellectual property."

Valenti emphasized that the lawsuit and settlement are in no way an attack on the Internet. "Our members have endeavored to make full use of the exciting opportunities offered by the Internet. We are anxious to distribute our copyrighted programs online to consumers and look forward to the development of legitimate and secure distribution outlets on the Internet. The Internet - like print, radio and television before it - will be a more satisfying medium for consumers if the interests of content providers are properly respected," Valenti added.

iCrave was illegally seizing television signals without authorization or payment, and streaming them on the iCrave Internet site. This settlement means that both parties will not be returning to court as prescribed by the preliminary injunction ruling.

On January 20, 2000, a complaint against iCraveTV was filed by the following plaintiffs: the Twentieth Century Fox Film Corp.; Disney Enterprises, Inc.; Columbia TriStar Television, Inc.; Columbia Pictures Television Inc.; Columbia Pictures Industries, Inc.; Metro-Goldwyn-Mayer Studios Inc.; Orion Pictures Corp.; Paramount Pictures Corp.; Universal City Studios, Inc.; Time Warner Entertainment Co. L.P. (Warner Bros.); ABC Inc.; CBS Broadcasting Inc. and Fox Broadcasting Co. The National Broadcasting Company, Inc. later intervened as a plaintiff in that case.

A similar complaint was filed on the same day by the National Football League and the National Basketball Association.

Canadian interests are represented by Alliance Atlantis Motion Picture Distribution Inc., Epitome Pictures Inc., Global Television Network Inc., Global Communications Limited, Insider V Productions Inc., Paranormal III Productions Inc., Playing With Time Inc, the Canadian Broadcasting Corporation, Societe Radio-Canada, Chum Limited, CTV Television Inc., ONTV Limited and Rogers Broadcasting Limited.

Additional information regarding this case may be found on the MPAA Web site at www.mpaa.org.