CNET Becomes Partner for News Corp./NBCU Online Venture

NEW YORK/SAN FRANCISCO, May 9: News Corporation and NBC
Universal have signed a multi-year content and distribution agreement with CNET
Networks for their premium online video joint venture.

CNET Networks, which operates web properties such as TV.com,
GameSpot and CNET.com, will provide thousands of clips to the new destination
on a non-exclusive basis. In addition, CNET Networks has also agreed to
distribute the new site's library of licensed content, adding its 129 million
unique monthly users to the reach of the News Corporation and NBC Universal
venture.

"A pioneering online media company, CNET Networks has
long understood the value of creating richer, more authentic experiences
online," said George Kliavkoff, the chief digital officer at NBC Universal
and interim CEO of the joint venture. "We are delighted that they will be
joining us as both a content provider and distributor, ensuring that we
continue to add to the depth and breadth of premium video available on our site
and on our video network. In addition, we further extend the reach of our
protected content to their highly engaged user base."

Launching later this summer, News Corporation and NBC
Universal's video site will feature thousands of hours of full-length TV
programming, clips and movies, from almost 20 networks and two film studios.
The CNET alliance represents the second non-equity content agreement for the
venture. Recently, Comcast Corporation joined as a non-exclusive content
provider and agreed to contribute fare from E!, Style, G4, Versus and Golf
Channel. Other distribution partners include AOL, MSN, MySpace and Yahoo!