MusicNet Announces Additional Digital Rights from BMG

NEW YORK - November 15, 2002 -- MusicNet, a leading digital music company, today announced the acquisition of additional digital music rights and features from BMG. The agreement includes rights related to permanent downloads, CD burning, transfers to portable devices, free trials, and access from multiple computers, among other features.

Alan McGlade, CEO of MusicNet stated: "This announcement is yet another critical step in the advancement of MusicNet's business. It provides us with a wider scope of rights for BMG's quality music catalog and is yet another step forward as we lay the foundation for a great music offering for consumers."

"BMG is pleased to participate in MusicNet's growth and the development of a meaningful digital music market," said Michael Smellie, Chief Operating Officer, BMG. "Today's announcement is an important step that will improve the consumer experience and provide fans with flexibility and easy access to a wide offering of their favorite music."

About MusicNet
MusicNet is a leading digital music company. The most widely distributed digital music service for streaming, downloading and burning music online, MusicNet offers the music catalogs of major and independent record labels - including Warner Music Group, BMG Entertainment, EMI Recorded Music, Sony Music Entertainment, Universal Music Group, Zomba, Ritmoteca, Brentwood Music and Sanctuary. As both a service and music content provider, MusicNet licenses to companies seeking to fully integrate digital music services into their online music offerings. MusicNet is a joint venture between RealNetworks, AOL Time Warner, Bertelsmann AG, EMI Recorded Music and Zomba.

About BMG
BMG is the global music division of Bertelsmann AG, one of the world's leading media companies, with annual revenues of $17.86 billion. BMG owns more than 200 record labels in 42 countries including Arista Records, RCA Records, RCA Label Group - Nashville, and Ariola. In addition, BMG owns one of the world's largest music publishing companies.