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April 1

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Content To Provide Ongoing Distribution Solution
For Producers & Rights Holders Of Target
Entertainment & Minotaur International Limited

Line of Duty Headlines Content Television MIPTV 2012 Line-up
Prior to MIPTV Content Media Corporation (Content), one of the leading independently owned distribution companies, reached an exclusive agreement with the Joint Administrators of Target Entertainment Limited and Minotaur International Limited (the Companies).

Greg Phillips, President of Content Television stated, "We are well known to many of the Companies' producers and look forward to the opportunity to introduce our experienced distribution capabilities to many others. Our role is to help Producers transition the ongoing distribution from the Companies to Content as quickly and efficiently as possible and to then look to maximize the ongoing cash flow from that distribution. If we can achieve consent quickly we should be able to start this process at the forthcoming MIP-TV market and during the sales follow up to that market."

Shay Bannon, BDO business restructuring partner, said: "We are pleased to be able to report some positive news having reached an exclusive agreement with Content to provide a solution enabling distribution of the Companies' programs and other content to be transitioned to Content. We are continuing to work to maximize recoveries in the administration for all creditors."

President Greg Phillips heads Content Television with a talented team of sales and supporting back office staff which is headquartered in London, with offices in LA and Toronto. It is one of the world's largest independently owned television distribution companies with a diverse array of television programming across almost all genres, including drama, TV movies, mini-series, kids, factual entertainment, documentaries and other non-fiction programming, encompassing a library of over 3,400 hours of programming.

Additionally, Content Digital leads the independent market in multi-platform distribution and is expert in optimizing long-term value out of our clients' titles across an array of digital platforms. The Content Media Group also includes Content Film - a world-class film distribution company. It also owns a minority stake in film distribution company Phase 4 Films and a majority stake in factual entertainment company Collins Avenue (producers of Lifetime USA's Dance Moms franchise), Content West and Spirit digital media.

Of Target Entertainment and Minotaur International Limited "the Companies" went into Administration on 28 February 2012 and no longer have ongoing distribution capabilities. Under the exclusive agreement, Content will work with the Joint Administrators of the Companies to provide an ongoing distribution solution for Producers and other rights owners (together Producers), subject to necessary consents. Content is not acquiring the Companies' business or its assets.

Producers who are interested in engaging with Content in relation to their ongoing distribution requirements should contact Vicky Ryan at who will be managing the transitional process within Content.

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