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FEDERAL HILL COMMUNICATIONS SELECTED TO OVERSEE STUDIO
NEGOTIATIONS FOR PAN-NORDIC VOD PROVIDER LIVE NETWORKS

June 22, 2005 –-Los Angeles, CA – Federal Hill Communications, a global leader in on-demand content strategy and solutions has been exclusively selected to represent Live Networks, a leading provider of broadband entertainment for the Pan-Nordic territories (Sweden, Norway, Denmark, Finland and Iceland). Federal Hill Communications will assist Live Networks in negotiating and securing licensing agreements with the Hollywood Studios for current released titles, library films and television series.

“Federal Hill puts Live Networks in the heart of Hollywood with personal relations to all major studios. Federal Hill has a long experience in negotiations and business development in the content and VOD area. The short term goal is to sign contracts with all major studios and to be the leader in Scandinavia in VOD and entertainment via digital media,” said Björn Schröder, CEO at Live Networks. “With the extensive business network from Federal Hill, this partnership gives Live Networks a good position to expand the business outside the Nordic regions and business development within the area of new media and entertainment such as new types of TV-channels.”

“Representing Live Networks offers us a unique opportunity to work with a company that is both a residential content aggregator (in association with Telco partners) as well as offering its own independent online movie destination (Livenetworks.com). Live Networks’ broadband entertainment solutions will enable consumers in the Nordic region to experience VOD via the PC or Set top Box,” said Bethany Gorfine, President and CEO of Federal Hill Communications. “This is another first, for Federal Hill and the industry. We are pleased that Live had the confidence in our abilities to make their vision a reality.”

About Live Networks
Connect to Live Networks and watch a film on your TV or on your computer. Live Networks offers you a wide range of films. You can access the film for 24 hours with the possibility to pause, rewind, stop or watch the film repeatedly. The Top list provides you with the latest news you need to know about current films. You also have the possibility to watch a trailer before deciding which movie to rent. Live Networks is open around the clock. From now on you can watch a movie you like, whenever you like. For more information on Live Networks, please visit www.livenetworks.com.

About Federal Hill Communications
Federal Hill Communications is the foremost digital content negotiator and programming distributor for emerging platforms worldwide. Federal Hill provides expertise in the negotiation, licensing, selection and delivery of premium Hollywood movie content and TV series from the major studios and general entertainment from independent producers. Federal Hill’s programming specialists provide guidance to clients throughout the content procurement process in addition to offering its own library of exclusive programming. Offering full-service customizable content solutions for on demand platforms, Federal Hill remains committed to meeting the content needs of diverse clientele worldwide. For more information about Federal Hill Communications, please visit www.federalhill.tv.



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