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World Sports Enterprises to Cease Production Operations

2 October 2000

World Sports Enterprises to Cease Production Operations
                  TNN to Move Its Motorsports Productions to
                   Outside Independent Production Companies

    NEW YORK, Oct. 2 With its NASCAR contract ending this
year, TNN: THE NATIONAL NETWORK will move its motorsports productions to
outside independent production companies.  World Sports Enterprises (WSE), the
Charlotte-based production company, will cease production operations on
December 1, it was announced today by Brian Hughes, Sr. Vice President, Sports
and Outdoors, TNN.
    "We are proud of the work that World Sports Enterprises has done for TNN
and others.  However, NASCAR race coverage generated the majority of WSE's
revenue, so without NASCAR, we can't justify our in-house motorsports
production operations for the long-term," said Hughes.  "We've evaluated our
post-NASCAR motorsports production needs and decided that outside production
companies would better serve TNN's wide range of motorsports properties."  TNN
will solicit bids for TNN sports coverage handled by WSE, including the
American Speed Association (ASA) stock car series.
    Patti Wheeler, WSE's President for the past six years, has resigned.
"Patti Wheeler has played a key role in building TNN's motorsports franchise
over the past decade, initially as TNN's first Director of Motorsports and
then as President of World Sports Enterprises," said Hughes. "She is also
widely recognized as a key contributor to the phenomenal growth of NASCAR over
the past few years. We thank her for all she has done for motorsports and for
TNN, and wish her well in her future endeavors."
    TNN began live coverage of motorsports in 1991, when the network acquired
its first five NASCAR Winston Cup races.  Within three years, TNN was
producing 50 live motorsports events annually, largely with World Sports
Enterprises, where Wheeler became President in 1994.  WSE, under Wheeler's
direction, became a premier production company for NASCAR coverage for
broadcast and cable, and for other motorsports franchises.  In addition to
TNN, WSE productions have appeared on CBS, Turner networks, ESPN, History
Channel, and Speedvision.  WSE's production of the 1998 Pepsi 400 NASCAR
Winston Cup race coverage on TNN was nominated for an EMMY for best sports
coverage.  Among WSE's many distinctions was the production of cable's highest
rated NASCAR coverage, the NASCAR Winston Cup race from Rockingham, telecast
annually on TNN.
    MTV Networks, a unit of Viacom International Inc. , owns
and operates the following television programming services -- MTV:  MUSIC
TELEVISION, MTV2, VHI, NICKELODEON/NICK at NITE, TV LAND, TNN: THE NATIONAL
NETWORK, CMT and the THE DIGITAL SUITE FROM MTV NETWORKS, a package of nine
digital services, all of which are trademarks of MTV Networks. MTV Networks
also has licensing agreements, joint ventures, and syndication deals whereby
all of its programming services can be seen worldwide.  In addition, MTV
Networks operates the MTVi Group and Nickelodeon Online, a portfolio of
leading Internet properties built to address every interest of today's music
fan and Internet-savvy kid.