TEN 0.00% 16.0¢ ten network holdings limited

twentieth century fox deal is done.

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    M E D I A R E L E A S E


    TWENTIETH CENTURY FOX SIGNS HISTORIC LICENSING
    DEALS WITH NETWORK TEN AND FOXTEL IN AUSTRALIA

    Groundbreaking free-to-air TV and subscription TV agreements
    over first run general entertainment programming

    Los Angeles, USA / Sydney, Australia – 16/17 May, 2006

    In the first such deals in Australia, Twentieth Century Fox Television Distribution has
    awarded long-term future Australian television rights to Network Ten (TEN) and
    FOXTEL.

    The landmark agreements were announced today by Mark Kaner, president,
    Twentieth Century Fox Television Distribution; Grant Blackley, chief executive officer
    – television, Network Ten; and Kim Williams, chief executive officer, FOXTEL.

    This is the first time a major US studio has apportioned first-run rights across both
    free-to-air and subscription television in Australia and marks a completely new
    approach to international program supply agreements.

    Although free-to-air and subscription networks have collaborated in the past — by
    sharing sporting rights and in Australian drama production — no general
    entertainment programming arrangement on this scale has previously occurred.

    From July 2007, TEN and FOXTEL will share the selection of first run telecast
    opportunities to new Fox series.

    The multi-year agreements will deliver a long term supply of proven, demographically
    targeted, high quality US series — in a commercially efficient manner — that TEN and
    FOXTEL can promote as unique and first run to their audiences.

    TEN will have preferential entitlements in selection and volume among the new Fox
    series each year. These series will premiere exclusively on TEN, and FOXTEL will
    have subsequent opportunities to broadcast them.

    FOXTEL will enjoy premiere rights to the Fox series it selects, marking the first time
    FOXTEL will premiere Fox series on Australian television. TEN will have access to
    these series following an exclusive window for FOXTEL.

    Mark Kaner commented: “We are very excited to have reached these agreements
    with Network Ten and FOXTEL. As our business evolves, there will be an increasing
    need for studios and broadcasters to work together in crafting new ways of providing
    the best content to the consumer, and the arrangement we’re announcing today can
    serve as one of the templates for the future.”

    Grant Blackley said: "We are delighted to expand TEN’s long-standing relationship
    with the highly respected and prolific Twentieth Century Fox. Our partnership will
    provide TEN's core television business with greater future programming certainty in
    an increasingly competitive environment. This very pragmatic and efficient
    arrangement secures TEN’s long term access to demographically targeted series."

    Kim Williams said: “This is a major advance for FOXTEL and subscription television.
    Securing first-run rights from such a successful creator as Twentieth Century Fox will
    give consumers even greater incentives to subscribe. Fox is a world-leading
    producer and distributor of series television and they have always been a major
    program partner to FOXTEL. Our relationship has now moved to an exciting new
    level, and our agreement recognises the growing significance of subscription
    television in Australia.”

    TEN’s chief programming officer, David Mott, added: “We're proud to bring the
    Twentieth Century Fox deal back home to TEN. In every respect, it is a great fit for
    TEN, who we are and what we represent, and we’re very excited about the projects
    Fox has in development. Twentieth Century Fox is such an active studio, and this
    deal gives TEN scope to telecast new Fox series either at the same time they make
    their US debuts or in the following year. We know from overseas experience, too,
    that a limited window on subscription television can heighten awareness of a show
    before it goes to free TV. So, this deal works for everyone."

    FOXTEL’s executive director of television and marketing, Brian Walsh, remarked:
    “This new contract provides FOXTEL with a regular, long term supply of first run
    series for our flagship entertainment channels, particularly FOX8. For FOXTEL, it will
    mean we will broadcast new major Hollywood series concurrent with the US
    television season. This is a first for the Australian television entertainment market
    and means our subscribers will be watching the new hit shows at the same time as
    audiences in the US and Canada. This landmark and historic deal will help ensure
    FOXTEL’s continued growth and success in the Australian market,” he said.

    Twentieth Century Fox has been one of the most successful international studios
    over a long period, creating hits such as X-Files, Ally McBeal, The Simpsons, NYPD
    Blue and – more recently – 24, Futurama and Prison Break.

    I hope this can give the TEN sp a kick along.

    Regards,
    Snake13.
 
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