VUDU Lines Up Content Deals

SANTA CLARA, April 30: California-based VUDU says it has
lined up content deals with seven Hollywood studios in order to offer
subscribers access to more than 5,000 titles directly on their television sets,
without requiring a PC or a cable or satellite TV subscription.

The company says deals have been closed with Disney,
Lionsgate, New Line Cinema, Paramount Pictures, Twentieth Century Fox,
Universal Studios and Warner Bros. Entertainment.

"We've created the product everyone wants, the product
many have tried to build, and, until now, the product no one has succeeded in
delivering," said Tony Miranz, the founder of VUDU. "We've brought
together the best team in Silicon Valley to give movie lovers the ability to
watch thousands of movies instantly, without leaving their homes."

VUDU's studio partners will provide new releases, along with
select titles from their libraries. In addition to entering into licensing
agreements with the major studios, VUDU has struck deals with U.S. independent
and international film distributors.

The VUDU team, led by Miranz and chairman Alain Rossmann,
consists of consumer electronics and Silicon Valley technology veterans from
TiVo, WebTV, Openwave, 2Wire, Slim Devices, OpenTV and Danger. The company has
received funding from Greylock Partners and Benchmark Capital.

The company has not announced a launch date for its
television offering, nor has it released any details on the hardware
requirements or subscription packages.