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MOVIETICKETS.COM ANNOUNCES AFFILIATION AGREEMENT WITH KNIGHT RIDDER DIGITAL
MovieTickets.com to Power Ticketing Engine for Knight Ridder Digital Real Cities Web Sites
(Hollywood, CA - October 23, 2001) – MovieTickets.com announced today that it has signed an affiliation agreement with Knight Ridder Digital, a leader in local information on the Web and operator of the Real Cities network of city and regional Web sites. Under the agreement, MovieTickets.com will provide co-branded online movie ticketing services to several major market Real Cities Web sites, including Charlotte.com, TwinCities.com, KansasCity.com, Miami.com, Philly.com and BayArea.com.
"This affiliation agreement is a logical extension of the Real Cities suite of localized online entertainment services, including weekend planners that provide information and reviews on movies, restaurants, festivals, stage performances, live music, clubs and much more," said Dan Finnigan, president of Knight Ridder Digital. "For the first time, we will be able to provide our online readers with the ease and convenience of purchasing movie tickets in advance of going to the theater."
"The addition of Knight Ridder Digital's network of Web sites expands our ticketing footprint among many of the leading local news and resource Web sites in the nation," said Mitchell Rubenstein, Co-Chairman of MovieTickets.com. "MovieTickets.com's affiliate program enables popular online destinations to capitalize on the growing demand for movie ticketing online. Through major affiliates like this, we can increase our distribution at very little cost. We look forward to working with Knight Ridder Digital on bringing this service to local communities across the nation."
Purchasing tickets online is simple. Users click on "Buy Movie Tickets" from within the Real Cities site entertainment section, enter their postal code so they can find nearby theaters, select a movie and showtime, and buy their tickets with a credit card. Then, they simply go to the theater's box office and pick up their tickets. This service is expected to be available to users in time for the holiday season. In addition, MovieTickets.com is currently rolling out at home ticket printing, which will further increase the convenience factor.
About Knight Ridder Digital
Knight Ridder Digital creates innovative online services and comprehensive local content to help consumers make the most of their experiences on the Internet. Knight Ridder Digital is the Internet subsidiary of Knight Ridder and is the founder and operator of Real Cities, a premier national network of city and regional Web sites. Knight Ridder Digital is located in San Jose, CA.
MovieTickets.com is a joint venture between Hollywood Media Corp. (Nasdaq: HOLL), AMC Entertainment (AMEX: AEN), National Amusements, Famous Players, Marcus Theaters (NYSE: MCS), Hoyts Cinemas and Viacom (NYSE: VIA), offering the online sale of movie tickets with additional content to assist users with their movie-going plans. Purchasing tickets online through MovieTickets.com couldn't be easier. MovieTickets.com's Quick Checkout service allows users to register with the site and buy tickets online by simply entering a name and password. In addition to ticket sales, MovieTickets.com distinguishes itself by offering comprehensive information about current and future movie releases.
Since Spring 2000, MovieTickets.com's ticket sales have exceeded 2.5 million tickets, offering consumers the ease and convenience of a virtual box office in their homes. Additionally, MovieTickets.com offers moviegoers the ability to print purchased tickets at home, as well as email tickets to friends and family members.
The matters discussed herein that are forward-looking statements are based on current management expectations that involve risks and uncertainties that may result in such expectations not being realized. Potential risks and uncertainties include, but are not limited to, the risks described in Hollywood Media Corp.'s, AMC Entertainment Inc.'s and The Marcus Corporation's filings with the Securities and Exchange Commission.
John Buckley/Kim Holt
Brainerd Communicators, Inc.
Cynthia Mallen Funnell
Knight Ridder Digital
PRx Inc. for Knight Ridder Digital
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