investor relations

WEA And Central Park Media Announce Exclusive U.S. Distribution Agreement

11/10/04

WEA Corp., Warner Music Group's (WMG) U.S. sales and retail marketing company, announced today that it will become the exclusive U.S. distributor for Central Park Media's (CPM) extensive catalog of Japanese Anime audio and video titles effective December 1, 2004.

In making the announcement, John Esposito, president, WEA Corp., said, "We are excited to work with Central Park Media, a leader in Japanese anime and live action feature films. By joining forces with CPM, we hope to continue our past success in Japanese anime, as the genre appeals to future generations of viewers."

Fifteen-year-old Central Park Media, which pioneered the mass market U.S. anime industry in 1990, is recognized as one of the oldest and most experienced suppliers in the anime genre, due to its extensive and groundbreaking history with anime, and its ownership of one of the largest anime catalogs in the world.

"By aligning ourselves with the proven distribution force of WEA, CPM looks forward to continuing to build its momentum and success in this specialty category," mentioned CPM's Managing Director John O'Donnell. "We are honored to be working with such an industry powerhouse, and look forward to the benefits of associating with WEA."

"WEA is known to be the most flexible partner for independent labels like CPM," added Fred Barsuglia, CPM's Vice President of Sales. "We consider them to be the finest distribution organization in the world, bar none, and look forward to increasing our market share due to their ability to get products onto shelves."

About WEA

Headquartered in New York, WEA Corp., Warner Music Group's U.S. sales and retail marketing company, was the first major music distribution company in the U.S. and has continued to set the standard for sales and marketing in the music industry for more than thirty years. In addition to the Warner Bros. and Atlantic labels, WEA distributes audio and video releases from Rhino Entertainment, Word Entertainment, Warner Music Latina, and Curb Records, as well as several other labels. WEA Corp.'s E-Commerce department develops and delivers sales and marketing programs that help promote WMG's artists to online retailers and other partners. WEA Corp. has regional offices in Atlanta, Los Angeles, New York and Minneapolis.

About Central Park Media

Central Park Media has been a leading supplier of Japanese anime and live action feature films in the United States since 1990. The company currently manufactures and distributes one of the largest anime home video catalogs, with over 230 DVD titles in print, under the Central Park Media, US Manga Corps, Software Sculptors, Anime 18 and Asia Pulp Cinema label names. For high resolution, downloadable artwork and information, please visit CPM's electronic press kit at www.centralparkmedia.com/cpmdb/presskit.cfm.