GSN and FEARnet Summary Programming Plans to produce

GSN and FEARnet Summary Programming • Plans to produce a Saturday and Sunday participation block in early 2007 • Plans to build a 2 nd small studio space to develop new, original formats in Q 2 2007 • Building a team to produce broadband content for GSN. com including behind the scenes, interviews, and original content Advertising Sales • GSN has successfully utilized Playmania for advertising sponsorship and plans to continue to expand participation formats Content Distribution • GSN signed a 5 year extension with DISH and is currently negotiating with Charter and DIRECTV for renewals • Signed contracts with Verizon and AT&T and will add subscribers as the Telcos rollout their services Future Growth • Evaluating several casual game developers for their library • GSN is developing a new branding strategy to rollout in the Q 2 Divestiture Update • Engaged Salem Partners to perform valuation assessment of GSN and Fun Technologies as it relates to Liberty Media • Arrange meeting to discuss recommended strategies Programming • 2 originally produced web series by Sam Raimi • Basic Cable Premieres of: The Exorcism of Emily Rose, Hostel, Silent Hill, Resident Evil, Open Water 2 and When a Stranger Calls Cable VOD Ratings • Top 10 VOD network out of over 200 • #7 VOD service overall in January • Averaging 6. 4 million views per month Web Ratings • #1 Horror site in America (registered users, unique users and impressions) • Nearly 40, 000 registered users Marketing Highlights • FEARnet/”The Messengers” user generated content contest launching on You. Tube 1/15 Enhancements to FEARnet. com • Phase 2 Website redesign • Easily searchable exclusive and new content • My Gallery concept for User Generated Content (video, pics, stories, art, etc. ) Mobile (Mike Arrieta – Project Lead) • SPE to include FEARnet on Sprint Channel and create wallpapers/ring-tones • FEARnet and SPE to create mobile video channel and mobile games 1