<PAGE>

                                                                   EXHIBIT 10.21

           DVD VIDEO DISC AND DVD ROM DISC PATENT LICENSE AGREEMENT
           --------------------------------------------------------

This Agreement having an effective date of October 1, 1999 by and between

U.S. PHILIPS CORPORATION, having its principal office at 580 White Plains Road,
Tarrytown, New York 10591, (hereinafter referred to as "USPC").

and

Future Media Productions, Inc., having its principal office at 25136 Anza Drive,
Valencia, California 91355 (hereinafter referred to as "Licensee")

WHEREAS, a new video and sound storage and reproduction system has been defined
by Koninkliike Philips Electronics N.V., (hereinafter referred to as "Philips"),
Sony Corporation of Japan ("Sony"), Pioneer Electronic Corporation of Japan
("Pioneer"), Hitachi Ltd. of Japan, Matsushita Electric Industrial Co. Ltd. of
Japan, Mitsubishi Electric Corporation of Japan, Thomson Multimedia of France,
Time Warner Entertainment Company L.P., of the USA, Toshiba Corporation of
Japan, and Victor Company of Japan Ltd., of Japan, which system has been
presented under the name "Digital Versatile Disc-Video System" ("DVD-Video
System"), as well as a data storage and reproduction systems, which has been
presented under the name "Digital Versatile Disc ROM-System" ("DVD-ROM System"),
hereinafter collectively referred to as the "DVD Systems";

WHEREAS, the DVD Systems result from research and development efforts of each of
the companies mentioned above;

WHEREAS, the DVD Systems have been formally adopted by the entity known as "the
DVD Forum";

WHEREAS, Philips, Sony and Pioneer each own certain patent rights relating to
the DVD) Systems;

WHEREAS, USPC has been authorized by Philips, Sony and Pioneer to grant licenses
for the DVD Systems under certain patent rights relating to the DVD Systems,
which are owned or controlled by Philips, Sony and its Associated Companies and
by Pioneer and its Associated Companies respectively, as well as such patent
rights relating to the DVD) Systems which are jointly owned by Pioneer, Sony
and/or Philips, while Philips, Sony and Pioneer retain the right also to license
their patent rights relating to the DVD Systems;

WHEREAS, Licensee desires the right to manufacture and sell discs based on one
or more DVD Systems, and wishes such discs to be in conformity with the relevant
Standard Specifications defining the DVD Systems;

NOW, THEREFORE, in consideration of the mutual obligations and covenants
hereinafter set forth, the parties hereto have agreed as follows:
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                                       2




                            Article 1 - Definitions
                            -----------------------

The following terms used in this Agreement shall have the meanings set out
below:

1.01      "Disc": a non-recordable reflective disc-shaped information carrier
          comprising any kind of information such as, but not limited to,
          audio, -video-, text- and/or data-related information, which is
          irreversibly stored in one or more information layers during and as an
          integral part of the manufacturing process of the disc in a form which
          is optically readable by play-back devices.

1.02      "DVD-Video Disc/DVD-ROM Disc": a replicated Disc comprising any kind
          of information such as, but not limited to, audio-, video, text-,
          and/or data-related information, encoded in digital form, which is
          optically readable by a DVD-Video Player or a DVD-ROM Player (as
          hereinafter defined) and conforms to the DVD-Video and DVD-ROM
          Standard Specifications (as hereinafter defined), the DVD-Video Disc
          and DVD-ROM Disc together being referred to as "DVD-Disc".

1.03      "DVD-Video and DVD-ROM Standard Specifications": the specifications
          for the DVD) Systems, as have been defined in the Standard
          Specifications for DVD and as specified in the document "DVD)
          Specification for Read-Only Disc, version 1.0" of August 1996, or any
          updated version thereof which has been formally approved by the DVD)
          Forum.

1.04      "Player": a play-back device for optically reading information stored
          on a Disc and converting such information into electrical signals for
          reproduction purposes.

1 .05     "DVD-Video Player/DVD-ROM Player": a Player which is designed and
          manufactured specifically for the reproduction of information stored
          on a DVD-Disc and the conversion of such information, which is bit-
          encoded according to the DVD-Video and DVD-ROM Standard
          Specifications, into electrical signals by means prescribed in the
          DVD-Video and DVD-ROM Standard Specifications, which electrical
          signals are directly capable and intended to be used for visual
          reproduction through standard television receivers and/or television
          monitors, or for reproduction of video, text and data related
          information through data handling and/or data processing equipment,
          the DVD-Video Player and DVD-ROM Player together referred to as "DVD-
          Player". Such DVD-Player may, in addition to reproducing information
          on a DVD-Disc, also be capable of reproducing information stored on a
          CD-Audio Disc and/or a CD-ROM Disc.

1.06      "Licensed Product(s)": a DVD-Video Disc or DVD-ROM Disc, having either
          a single or dual information layer(s) (which is/are readable from one
          side of the disc) or two single or dual information layers (which are
          readable from opposite sides of the disc).

1.07      "Licensed Patents": all patent rights (or any one or more of the
          patent rights as agreed in writing between USPC and Licensee on the
          Effective Date) relating to DVD-Discs for which USPC has the right to
          grant licenses to Licensee and its Associated Companies and which have
          a first filing date or are entitled to a first filing date prior to
          January 1, 1997 (but only to
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                                       3

          the extent that these patent rights are essential (as hereinafter
          defined) to Licensed Products), as listed in Exhibit I.

          The word "essential" as used in relation to patent rights in this
          Agreement shall refer to patent rights, the use of which is necessary
          (as a practical matter) for compliance with the Standard
          Specifications defining the relevant DVD Systems.

          Licensed Patents shall not include any patent rights relating to
          methods or the manufacture, use or sale of equipment for compression
          and/or decompression of audio signals concluding but not limited to
          the system known as MPEG-2 Audio) or for the compression or
          decompression of video signals in accordance with the system known
          under the name MPEG-2 Video.

1.08      "Associated Company": any business entity, in which Philips, Sony,
          Pioneer or Licensee controls, directly or indirectly, more than fifty
          percent (50%) of the shares entitled to vote for the election of
          directors, but any such business entity shall be deemed an Associated
          Company only for as long as such control exists.

          For the purpose of this Agreement, Discovision Associates shall not be
          deemed an Associated Company of Pioneer.

1.09      "Territory": the geographic area known as the United States of
          America, its territories and possessions.


                         Article 2 - Grant of rights
                         ---------------------------

Subject to the terms and conditions of this Agreement

2.01      For the term of this Agreement, USPC hereby grants to Licensee and its
          Associated Companies a non-exclusive, non-transferable license under
          the Licensed Patents to manufacture Licensed Products within the
          Territory and to use, sell or otherwise dispose of Licensed Products
          so manufactured in all countries of the world.

2.02      USPC, on behalf of Philips, Sony and Pioneer, further agrees, for as
          long as this Agreement is in force and effect, to grant Licensee and
          its Associated Companies a non-exclusive, non-transferable license,
          either by means of a sub-license arrangement or by means of individual
          licenses from Philips, Sony and Pioneer respectively, on reasonable,
          non-discriminatory terms, to manufacture Licensed Products within the
          Territory and to use, sell or otherwise dispose of Licensed Products
          so manufactured in all countries of the world, under any patent rights
          not yet licensed pursuant to Article 2.01 which are essential to the
          manufacture, use, sale or other disposal of Licensed Products, for
          which Philips, Sony and Pioneer and their respective Associated
          Companies have or may hereafter acquire the free right to grant
          licenses to Licensee and its Associated Companies. It is acknowledged
          and agreed that in respect of the patent rights as may be licensed
          pursuant to this Article 2.02 additional
<PAGE>

                                       4

          royalties may have to be paid over and above the royalties specified
          in Article 4.02 due on the basis of the use of Licensed Patents
          pursuant to Article 2.01.

2.03      USPC, on behalf of Philips, Sony and Pioneer, further agrees to grant
          Licensee and its Associated Companies upon their request, on
          reasonable non-discriminatory rates and conditions to be agreed upon
          from case to case, a non-exclusive, non-transferable license, either
          in a sub-license arrangement or by way of individual licenses from
          Philips, Sony and Pioneer respectively, to manufacture DVD-Players in
          the Territory and to use, sell or otherwise dispose of such DVD-
          Players so manufactured in all countries of the world, under any and
          all present and future patent rights essential to the manufacture,
          use, sale or other disposal of DVD-Players for which Philips, Sony and
          Pioneer and their respective Associated Companies have or may
          hereafter acquire the free right to grant licenses to Licensee and its
          Associated Companies for the manufacture, use, sale or other disposal
          of such DVD-Players.

2.04      In consideration of the undertakings set forth in Articles 2.01, 2.02
          and 2.03 and similar undertakings by third party licensees of USPC
          or Philips and without prejudice to the provisions of Article 10
          hereof, for a period of ten years from the Effective Date (as
          hereinafter defined) Licensee agrees to grant Philips, Sony and
          Pioneer and their respective Associated Companies and to other third
          parties who enter or have entered into a license agreement with USPC,
          Philips or an Associated Company of Philips concerning Licensed
          Products non-exclusive, non-transferable licenses, on reasonable, non-
          discriminatory conditions comparable to those set forth herein, to
          manufacture, use, sell or otherwise dispose of Licensed Products,
          under any and all present and future patent rights, for which Licensee
          or its Associated Companies may now have or may hereafter acquire the
          right to grant licenses and which are essential to the manufacture,
          use, sale or other disposal of Licensed Products, and which patent
          rights were first filed in any country of the world up to the date of
          termination of this Agreement. For the avoidance of doubt, the above
          undertakings shall only apply to those companies which accept or have
          accepted a similar undertaking as contained in this Article 2.04.

2.05      In addition, in consideration of the undertakings set forth in
          Articles 2.01, 2.02 and 2.03 and similar undertakings by third party
          licensees of USPC or Philips and without prejudice to the provisions
          of Article 10 hereof, for a period of ten years from the Effective
          Date, Licensee agrees to grant Philips, Sony and Pioneer and their
          respective Associated Companies and to other third parties who enter
          or have entered into a license agreement with USPC, Philips or an
          Associated Company of Philips concerning DVD-Players non-exclusive,
          non-transferable licenses, on reasonable, non-discriminatory
          conditions to be agreed upon from case to case, to manufacture, use,
          sell or otherwise dispose of DVD-Players under any or all present and
          future patent rights, for which Licensee or its Associated Companies
          may now have or may hereafter acquire the right to grant licenses and
          which are essential to the manufacture, use sale or other disposal of
          such DVD-Players and which patent rights were first filed in any
          country of the world up to the date of termination of this Agreement.
          For the avoidance of doubt, the undertaking set out in the preceding
          sentence shall only apply to those companies which accept or have
          accepted a similar undertaking as contained in this Article 2.05.
<PAGE>

                                       5

       IT IS EXPRESSLY ACKNOWLEDGED AND AGREED THAT:

       (I)  THE LICENSES AND LICENSE UNDERTAKINGS HEREIN CONTAINED WITH RESPECT
            TO THE MANUFACTURE OF LICENSED PRODUCTS DO NOT COVER RECORDING
            MACHINES, EQUIPMENT OR METHODS FOR THE REPLICATION OF DISCS NOR THE
            MANUFACTURE OF MATERIALS OR REPRODUCTION RIGHTS FOR INFORMATION
            (SUCH AS AUDIO, VIDEO, TEXT AND/OR DATA-RELATED INFORMATION),
            CONTAINED ON DISCS TO BE PLAYED BACK ON A PLAYER; NOR DO THE LICENSE
            UNDERTAKINGS WITH RESPECT TO THE MANUFACTURE OF PLAYERS EXTEND TO
            THE MANUFACTURE OF COMPONENTS OF PLAYERS INCLUDING BUT NOT LIMITED
            TO SEMICONDUCTOR DEVICES, INTEGRATED CIRCUITS, LASERS, MOTORS AND
            LENSES, EXCEPT FOR PATENT RIGHTS RELATING TO CIRCUITRY AND/OR SYSTEM
            ASPECTS SPECIFIC TO THE DVD SYSTEMS (AND SIMILAR OPTICAL READ-OUT
            SYSTEMS),

       (II) THE RIGHTS AND LICENSES GRANTED UNDER THIS AGREEMENT APPLY ONLY TO
            SUCH PART OF A COMBINATION OF ONE OR MORE LICENSED PRODUCTS OR DVD
            PLAYERS WITH ANY OTHER ELEMENTS, PRODUCTS, SYSTEMS, EQUIPMENT OR
            SOFTWARE WHICH IS IN COMPLIANCE WITH THE DVD-VIDEO AND DVD-ROM
            STANDARD SPECIFICATIONS.

2.07   It is acknowledged and agreed that Exhibit I may be amended from time to
       time, based upon an evaluation of the Licensed Patents by an independent
       patent expert appointed by Philips. In the event that, as a result of
       such evaluation, any of the Licensed Patent(s) are found not to be
       essential (as defined in Article 1.07) such Licensed Patent(s) shall be
       deleted from Exhibit I and Licensee shall be so notified. Notwithstanding
       such deletion, Licensee shall retain the right to continue the use of
       such deleted patent right(s) in accordance with this Agreement, without
       any additional payment, unless Licensee explicitly notifies USPC in
       writing of its decision to refrain from exercising such right.


                            Article 3 -- Have made
                            ----------------------

3.01   The licenses and rights granted to Licensee and its Associated Companies
       pursuant to Article 2 include the right for Licensee and its Associated
       Companies to have third parties manufacture Licensed Products for
       Licensee's or its Associated Companies' use and account in accordance
       with the provisions hereof.

                  Article 4 - Royalties, Reports and Payments
                  -------------------------------------------

4.01   Upon execution of this Agreement, Licensee will make a non-refundable
       payment of ten thousand US Dollars (US$ 10,000) to USPC. From this amount
       of US$ 10,000, an amount of
<PAGE>

                                       6

       five thousand US Dollars (US$ 5,000) shall be regarded as an advance
       payment against royalties payable pursuant to Article 4.02.

4.02   In consideration of the rights granted hereunder by USPC to Licensee,
       Licensee agrees to pay to USPC royalties on each Licensed Product sold
       by Licensee or any of its Associated Companies, in which any one or more
       Licensed Patents is (are) used, irrespective of whether such Licensed
       Patent(s) is (are) used in the country of manufacture, use, sale or other
       disposal.

       These royalties shall amount to five US Dollar Cents (US$ 0.05) on each
       Licensed Product.

       A Licensed Product shall be considered sold when invoiced or, if not
       invoiced, when delivered by any party or otherwise disposed of to a party
       other than Licensee or an Associated Company of Licensee.

       No royalties shall be payable on Licensed Products purchased by Licensee
       or any of its Associated Companies on a "have made" basis in accordance
       with Article 3 from third party manufacturers, duly licensed by USPC or
       Philips, provided that Licensee can demonstrate to USPC's satisfaction,
       that such party manufacturer has paid to USPC or Philips the royalties
       due in respect of such Licensed Products.

       For the avoidance of doubt, in the event that none of the Licensed
       Patents would be infringed by the manufacture of Licensed Products within
       the Territory, Licensee shall have no obligation to pay royalties in
       respect of Licensed Products manufactured within the Territory and which
       are directly exported for final use to a country in which no Licensed
       Patents subsist.

4.03   Within thirty (30) days following 31 March, 30 June, 30 September and 31
       December of each year during the term of this Agreement, Licensee shall
       submit to USPC (even in the event that no sales have been made) a written
       statement, signed by a duly authorized officer on behalf of Licensee,
       setting forth with respect to the preceding quarterly period:

       (1)    the quantities of Licensed Products manufactured and sold by
              Licensee and its Associated Companies specified per individual
              type of Licensed Product, to wit:
              -  DVD-Video Discs;
              -  DVD-ROM Discs;

       (2)    on a per country basis specified for each individual type
              of Licensed Product:

              (a)   the trademarks used on or in connection with the sale of
                    Licensed Products; and

              (b)   the quantities of Licensed Products sold or otherwise
                    disposed of;

       (3)    a computation of the royalties due under this Agreement.
<PAGE>

                                       7

       Licensee shall submit to USPC, once per calendar year, a written
       statement by its external auditors, who shall be independent certified
       accountants, confirming that the quarterly royalty statements as
       submitted by Licensee to USPC for the last four quarterly periods, were
       true, complete and accurate in every respect.

       Licensee shall pay the royalties due to USPC concurrently with the
       submission of the aforementioned written statement.

4.04   Within 30 days following the expiration or termination of this Agreement,
       Licensee shall submit to USPC a certified report on the number of
       Licensed Products in stock at the time of expiration or termination of
       this Agreement. Royalties shall be due and payable on all Licensed
       Products manufactured prior to, but remaining in stock with Licensee
       and/or its Associated Companies at the date of expiration or termination
       of this Agreement. For the purpose of royalty computation, all Licensed
       Products in stock will be deemed to have been sold or otherwise disposed
       of in the same countries and in proportionally the same quantities as in
       the last two full reporting quarters during the term of this Agreement.
       For the avoidance of doubt, this Article 4.04 shall be without prejudice
       to the provisions of Article 10.05.

4.05   All payments which are not made on the dates specified herein, shall
       accrue interest at the rate of two percent (2%) per month or the maximum
       amount permitted by law, whichever is lower.

4.06   All payments to USPC under this Agreement shall be made by transfer in
       such currency, convertible in the sense of Articles VIII and XIX of the
       Articles of Agreement of the International Monetary Fund, as designated
       by USPC. The rate of exchange for converting the currency of the
       Territory shall be the telegraphic transfer selling rate of the
       designated currency (or other convertible currency as the case may be) in
       terms of the currency officially quoted in the Territory by the
       officially authorized foreign exchange bank for payment of currency
       transactions on the day that the amount is due and payable.

4.07   All costs, stamp duties, taxes and other similar levies arising from or
       in connection with the conclusion of this Agreement shall be borne by
       Licensee. However, in the event that the government of a country imposes
       any income taxes on payments made by Licensee to USPC hereunder and
       requires Licensee to withhold such tax from such payments, Licensee may
       deduct such tax from such payments. In such event, Licensee shall
       promptly provide USPC with tax receipts issued by the relevant tax
       authorities so as to enable USPC to support a claim for credit against
       income taxes which may be payable by USPC.

4.08   In order that the royalty statements provided for in this Article 4 may
       be verified, Licensee shall maintain complete and accurate books and
       records covering all sales or other disposals of Licensed Products by
       Licensee and/or its Associated Companies, for a period of three (3) years
       following such sales or other disposals.

       In order to verify the accuracy of the aforementioned royalty statements
       USPC shall have the right to inspect such books and records of Licensee
       and/or its Associated Companies from time to time, but not more than once
       per calendar year, by an independent certified
<PAGE>

                                       8


     accountant appointed by USPC. Such inspection shall be conducted at USPC's
     own expense provided that if any discrepancy or error exceeding three
     percent (3%) of the monies actually due is established, the cost of such
     inspection shall be borne by Licensee, without prejudice to any other
     claims that USPC may have under this Agreement or under applicable law.

4.09 Without prejudice to the provisions of Article 4.08, Licensee shall provide
     relevant additional information as USPC may reasonably request from time to
     time to enable USPC to ascertain which products manufactured, sold or
     otherwise disposed of by Licensee and/or its Associated Companies are
     subject to the payment of royalties to USPC hereunder, the patent rights
     which have been used in connection with such products, and the amount of
     royalties payable.

4.10 Within thirty (30) days after execution of this Agreement, Licensee shall
     pay to USPC a royalty, calculated according to the provisions of Article
     4.02, on products which would have been Licensed Products under this
     Agreement and were manufactured, used, sold or otherwise disposed of by
     Licensee and/or its Associated Companies before the Effective Date of this
     Agreement and shall submit to USPC concurrently with this royalty, as
     calculated herein, a royalty statement in respect of such products, in
     accordance with Article 4.03. Upon the payment of this royalty, as
     calculated herein, such products shall become Licensed Products.


                    Article 5 - Most Favourable Conditions
                    --------------------------------------

5.01 In the event that licenses under the patent rights referred to in Article 2
     would be granted by USPC for Licensed Products to a third party, under
     substantially similar conditions but at a royalty rate more favourable
     than the rate payable by Licensee under this Agreement, Licensee shall be
     entitled to the same royalty rate applicable to such third party, provided
     always that this right of Licensee shall not apply in respect of cross-
     license agreements or other agreements providing for a consideration which
     is not exclusively based on payment of royalties and further provided that
     this right of Licensee shall not apply in respect of licenses or other
     arrangements made pursuant to a court decision or the settlement of a
     dispute between USPC and a third party, irrespective of the nature of such
     dispute, the terms of the court decision or the settlement terms.


                 Article 6 -- No Warranty and Indemnification
                 --------------------------------------------

6.01 USPC makes no representation or warranty as to the completeness or accuracy
     of any information as may be provided in connection with this Agreement,
     nor with respect to the ability of Licensee to achieve interchangeability
     with respect to Licensed Products through the use of such information. USPC
     makes no warranty whatsoever that the use of information supplied by USPC
     or Philips does not infringe or may not cause infringement of any
     industrial or intellectual property rights owned or controlled by third
     parties, or any industrial or intellectual property rights owned or
     controlled by USPC, Philips, Sony and Pioneer or their respective
     Associated Companies not licensed pursuant to Article 2.
<PAGE>

                                       9

     It is acknowledged by the parties hereto that third parties may own
     industrial and/or intellectual property rights in the field of Licensed
     Products and Licensee acknowledges and agrees that USPC, Philips, Sony and
     Pioneer and their respective Associated Companies make no warranty
     whatsoever that manufacture, use, sale or other disposal of any Licensed
     Product will be free from infringement of any industrial and/or
     intellectual property rights other than the Licensed Patents. USPC,
     Philips, Sony and Pioneer and their respective Associated Companies shall
     be fully indemnified and held harmless by Licensee from and against any
     and all third party claims in connection with Licensed Products
     manufactured, sold or otherwise disposed of by Licensee and/or any of its
     Associated Companies.


                          Article 7 - Confidentiality
                          ---------------------------

7.01 Licensee and its Associated Companies shall, during the term of this
     Agreement as specified in Article 10.01 and for a period of three (3) years
     thereafter, not disclose to any third party any information relating to the
     manufacture and sale of Licensed Products acquired from USPC, Philips or
     Philips' Associated Companies, or use such information for any other
     purpose than the manufacture or disposal of Licensed Products in accordance
     with this Agreement. This obligation shall not apply to the extent
     information so acquired:

     (a)  was known to Licensee or its Associated Companies prior to the date on
          which such information was acquired from USPC, Philips, Sony or
          Pioneer or any of their Associated Companies, as shown by records
          of Licensee or any Associated Company of Licensee or otherwise
          demonstrated to USPC's satisfaction;

     (b)  is or has become available to the public through no fault of Licensee
          or any of its Associated Companies;

     (c)  was or is received from a third party who was under no confidentiality
          obligation in respect of such information..

     In protecting information acquired from USPC, Philips or Philips'
     Associated Companies relating to the manufacture of Licensed Products,
     Licensee and its Associated Companies shall take all necessary measures and
     precautions, including, but not limited to, measures requiring their
     present and future employees to give suitable undertakings of secrecy both
     for the period of their employment and thereafter, and shall protect such
     information in the same manner and with the same degree of care with which
     Licensee protects its own information of a confidential nature.


                          Article 8 - Patent Markings
                          ---------------------------

8.01 If requested by USPC, Licensee shall place appropriate patent markings on
     an exposed surface of the Licensed Products made, used, sold or otherwise
     disposed of hereunder. The content, form, location and language used in
     such markings shall be in accordance with the laws and practices of the
     country where such markings are used.
<PAGE>

                                       10

                            Article 9 - Assignment
                            ----------------------

9.01  This Agreement shall inure to the benefit of and be binding upon each of
      the parties hereto and their respective assignees. It may not be assigned
      in whole or in part by Licensee without the prior consent in writing of
      USPC except in the event of a bona fide and solvent merger, consolidation
      or other transfer of all or substantially all the assets of Licensee and
      except that Licensee may freely assign this Agreement to any of its
      Associated Companies provided that Licensee shall remain liable hereunder
      and the transferee has the capability to perform all obligations on
      Licensee's part hereunder.

                       Article 10 - Term and Termination
                       ---------------------------------

10.01 This Agreement shall enter into force on the "Effective Date", being the
      date first written above, or, in the case validation of this Agreement is
      required by the competent governmental authorities, the date of such
      validation. This Agreement shall remain in force for a period of ten (10)
      years from the Effective Date, unless terminated earlier in accordance
      with the provisions of this Article 10.

10.02 Without prejudice to the provisions of Article 10.03 through 10.05, each
      party may terminate this Agreement at any time by means of written notice
      to the other party in the event that the other party fails to comply with
      any material obligation under this Agreement and, such failure is not
      remedied within thirty (30) days after receipt of a notice specifying the
      nature of such failure and requiring it to be remedied. Such right of
      termination shall not be exclusive of any other remedies or means of
      redress to which the non-defaulting party may be lawfully entitled and all
      such remedies shall be cumulative. Any such termination shall not affect
      any royalties or other payment obligations under this Agreement accrued
      prior to such termination.

10.03 USPC may terminate this Agreement forthwith by means of notice in writing
      to Licensee in the event that a creditor or other claimant takes
      possession of, or a receiver, administrator or similar officer is
      appointed over any of the assets of Licensee or in the event that Licensee
      makes any voluntary arrangement with its creditors or becomes subject to
      any court or administration order pursuant to any bankruptcy or insolvency
      law.

10.04 USPC shall have the right to terminate this Agreement forthwith or to
      revoke the license granted under any of USPC's, Philips', Sony's or
      Pioneer's respective patent rights in the event that Licensee or any of
      its Associated Companies brings a lawsuit or other proceeding for
      infringement of any of its essential patents related to Licensed Products
      or DVD Players against Philips, Sony or Pioneer and/or any of their
      respective Associated Companies respectively and Licensee refuses to
      license such patents on fair and reasonable terms to Philips, Sony and
      Pioneer respectively.

10.05 Upon the termination by USPC for any reason pursuant to Article 10.02
      through 10.04, Licensee shall immediately cease the manufacture, sale or
      other means of disposal of
<PAGE>

                                       11

      Licensed Products in which the Licensed Patents are used. Further, upon
      such termination, any and all amounts outstanding hereunder shall become
      immediately due and payable


                          Article 11 - Miscellaneous
                          --------------------------

11.01 Any notice or request required or permitted to be given under or in
      connection with this Agreement or the subject matter hereof shall be in
      writing and shall be deemed to have been sufficiently given when, if given
      to Licensee.

      it is addressed to:

      Future Media Productions, Inc.
      25136 Anza Drive
      Valencia, California 91355

      and in respect to USPC, to:

      U.S. Philips Corporation
      580 White Plains Road
      Tarrytown, New York 10591
      Fax. No.: 914-332-0615

      and sent in each case by telecopy and Registered Mail, postage prepaid.
      The date of mailing shall be deemed to be the date on which such notice of
      request has been given. Either party may give written notice of change
      of address and, after notice of such change has been received, any
      notice or request required to be given shall thereafter be given to such
      party at such changed address in the manner as provided above.

11.02 This Agreement sets forth the entire understanding and agreement between
      the parties as to the subject matter hereof and supersedes and replaces
      all prior arrangements, discussions and understandings between the parties
      specifically relating thereto. Neither party shall be bound by any
      obligation, warranty, waiver, release or representation, except as
      expressly provided herein, or as may subsequently be agreed in writing
      between the parties.

11.03 Nothing contained in this Agreement shall be construed

      (a)  as imposing on either party any obligation to instigate any suit or
           action for infringement of any of the patent rights licensed
           hereunder or to defend any suit or action brought by a third party
           which challenges or relates to the validity of any of such patent
           rights. Licensee shall have no right to instigate any such suit or
           action for infringement of any of the patent rights licensed by USPC
           hereunder, nor the right to defend any such suit or action which
           challenges or relates to the validity of any such patent right
           licensed by USPC hereunder;
<PAGE>

                                       12

      (b)  as imposing any obligation to file any patent application or to
           secure any patent or to maintain any patent in force;

      (c)  as conferring any license or right to copy or imitate the appearance
           and/or design of any product,

      (d)  as conferring any license under the patent rights licensed pursuant
           to Article 2 hereof, to manufacture, use, sell or otherwise dispose
           of any product or device other than a Licensed Product. This sub
           clause (d) of this Article 11.03 shall however not be considered a
           prohibition of Licensee to manufacture Licensed Products as part of
           and incorporated in combination products.

11.04 Neither the failure nor delay of either party to enforce any provisions of
      this Agreement shall constitute a waiver of such provision or of the right
      of either party to enforce each and every provision of this Agreement.

11.05 Should any provision of this Agreement be finally determined void or
      unenforceable in any judicial proceeding, such determination shall not
      affect the operation of the remaining provisions hereof.

11.06 This Agreement and all disputes, claims or controversies arising out of,
      or in any way relating to, this Agreement ("Dispute") shall be governed by
      and construed, and any claim or controversy arising with respect thereto
      shall be determined, in accordance with the laws and in the competent
      courts of the State of New York. The parties hereto consent to the
      personal jurisdiction of the competent courts of the State of New York for
      the purpose of prosecuting or resolving any such Dispute.

AS WITNESS, the parties hereto have caused this Agreement to be signed on the
date first written above.

U.S. PHILIPS CORPORATION                FUTURE MEDIA PRODUCTIONS, INC.


/s/ Algy Tamoshunas                     /s/ Louis Weiss
----------------------------------      ---------------------------------------
Algy Tamoshunas                         Name: Louis Weiss

Title: Vice President                   Title: CFO
       ---------------------------            ---------------------------------
Date:   2/8/00                          Date:  1/21/00
       ---------------------------           ----------------------------------
<PAGE>

                   DVD - Video/ROM Disc Patent List Philips

<TABLE>
<CAPTION>
=================================================================================================================================
Licensor's       Priority DOC/           Title                                       US Patent PS           JP Patent PS
Ref. No.         Priority Date                                                       Appln. No/Exp. date    Publ. PPU/Exp. date
=================================================================================================================================
<S>              <C>                     <C>                                         <C>                    <C>
N 6493           NL 72.11999/            - Read out of optical disc via substrate.   PS 5,068,846/                 -

                 02.09.1972                                                          26.11.2008
---------------------------------------------------------------------------------------------------------------------------------
N 14.746         EP 94.200.387.2/        EFM + -Modulation scheme for high density   PS 5,696,505/          PPU 97-512,392/
                 15.02.1994              disc.
                                                                                     08.02.2015             01.02.2015

                                                                                     A 08-900,275
---------------------------------------------------------------------------------------------------------------------------------
N 15.093         BE 094.01044/           Disc size on disc.                          A 08-558,517/          PPU 97-507,946/
                 18.11.1994
                                                                                                            31.10.2015
---------------------------------------------------------------------------------------------------------------------------------
N 14.752         EP 94.200.339.3/        SD Block format, with error coding          PS 5,838,696/          PPU 96-509,316/
                                         interleave.
                 16.02.1994                                                          16.02.2015             14.02.2015

                                                                                     A 09-136,650
---------------------------------------------------------------------------------------------------------------------------------
N 13.409         NL 90.01771/            DVD Sector and word offset in headers       PS 5,740,310/          PPU 92-233,380/
                 06.08.1990              for video block pointers.                                          04.06.2011

                                                                                     PS 5,745,641/
---------------------------------------------------------------------------------------------------------------------------------
N 15.156         EP 94.203.642.7/        DVD/DVB Subtitle compression (pixel based   A 08-572,255/          PPU 97-509,552/
                                         region/subregion).                          13.12.2015             12.12.2015
                 14.12.1994
=================================================================================================================================
</TABLE>

All corresponding patent applications, patents, divisions, continuations and
reissues based upon any of the patent applications or patents of this is
considered to be concluded as an integral part of this list.
<PAGE>

                   DVD - Video/ROM Disc Patent List Philips

<TABLE>
<CAPTION>
=================================================================================================================================
Licensor's       Priority DOC/           Title                                       US Patent PS           JP Patent PS
Ref. No.         Priority Date                                                       Appln. No/Exp. date    Publ. PPU/Exp. date
=================================================================================================================================
<S>              <C>                     <C>                                         <C>                    <C>
N 15.395         EP 95.202.012.1/        DVD Subtitle duration                       A 08-516,836/          A 97-506,485/
                 21.07.1995
                                                                                     18.08.2015             12.07.2016
---------------------------------------------------------------------------------------------------------------------------------
N 15.424         EP 95.202.215.0/        DVD path control system.                    A 08-692,918/          PCT-JP 96/02, 188/
                 16.08.1995
                                                                                     31.07.2016             02.08.2016
---------------------------------------------------------------------------------------------------------------------------------
B 33.971  }      GB 95.02172.1/          DVD Subtitle compression (run-length        A 08-593,963/          PPU 98-500,273/
          }      03.02.1995              coding).                                                           26.01.2016
B 33.973  }      GB 95.03063/
                 16.02.1995
---------------------------------------------------------------------------------------------------------------------------------
N 15.110         EP 94.203.466.1/        Variable bitrate Optical Recording System.  A 08-562,660/          PPU 97-509,004/
                 29.11.1994
                                                                                     27.11.2015             16.11.2015

                                                                                     A 08-858,482/
---------------------------------------------------------------------------------------------------------------------------------
Q88.053          US A 07.157832/         Method of affixing information on read     PS 4,961,077/           PS 2,810,950/
                 19.02.1988              only optical discs.
                                                                                    19.02.2008              20.02.2009
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>

All corresponding patent applications, patents, divisions, continuations and
reissues based upon any of the patent applications or patents of this is
considered to be concluded as an integral part of this list.
<PAGE>

                  DVD - Video/ROM Disc Patent List Philips

<TABLE>
<CAPTION>
==================================================================================================================
Licensor's       Priority DOC/         Title                         US Patent PS            JP Patent PS
Ref. No.         Priority Date                                       Appln. No/Exp. date     Publ. PPU/Exp. date
==================================================================================================================
<S>              <C>                   <C>                           <C>                     <C>    <C>
N 14.950         EP 94.202262.5/       Mastering write strategy.     PS 5,605,782/           PPU 95-320,208/
                 05.08.1994                                          22.12.2014              22.12.2014
                                                                     PS 5,790,512/
                                                                     22.12.2014
==================================================================================================================
N 14.789         EP 94.200.922.6/      A Rate 8/9 DC-FREE Code       PS 5,642,113/           PPU 96-511,405/
                 05.04.1994                                          15.02.2015              21.03.2015
==================================================================================================================
</TABLE>


All corresponding patent applications, patents, divisions, continuations and
reissues based upon any of the patent applications or patents of this list
considered to be concluded as an integral part of this list.
<PAGE>

                     DVD - Video/ROM Disc Patent List Sony

<TABLE>
<CAPTION>
=======================================================================================================================
Licensor's    Priority DOC/      Title                                 US Patent PS             JP Patent PS
Ref. No.      Priority Date                                             Appln. No/Exp. date     Publ. PPU/Exp. date
=======================================================================================================================
<S>           <C>                <C>                                   <C>                      <C>
#01           S55-050,887        ECC for the sector ID                 PS 4,364,081/
              S55-056,882                                              16.04.2001
-----------------------------------------------------------------------------------------------------------------------
#02           S56-017,734        DSV control word                      PS 4,456,905/            PS 1,547,082/
                                                                       08.02.2002               09.02.2001
-----------------------------------------------------------------------------------------------------------------------
#03           H06-157,175        8/16 Modulation                       PS 5,818,367/            LN1108-03l,100
                                                                       06.10.2015
-----------------------------------------------------------------------------------------------------------------------
 #04          H06-116,213        Branching Operation                   Re. 33,765/              PS 2,544,333/
                                                                       01.05.2006               29.05.2005
--------------------------------------------------------------------------------------------------------------------------
 #05          S61-093,892        Flag for variable bit-rate ID)        PS 4,819,236/            PS 2,740,163/
              H08-008,149                                              04.04.2009               23.04.2006
                                                                                                PS 2,728,076
                                                                                                23.04.2006
 ----------------------------------------------------------------------------------------------------------------------
</TABLE>

All corresponding patent applications, patents, divisions, continuations and
reissues based upon any of the patent applications or patents of this list
considered to be concluded as an integral part of this list.
<PAGE>

                                       2

                     DVD - Video/ROM Disc Patent List Sony


<TABLE>
<CAPTION>
====================================================================================================================================
Licensor's      Priority DOC/    Title                                                  US Patent PS          JP Patent PS
Ref. No.        Priority Date                                                           Appln. No/Exp. date   Publ: PPU/Exp. date
====================================================================================================================================
<S>            <C>               <C>                                                    <C>                   <C>
#06            S63-025,475       AV sync. code                                                                PS 2,636,294/
               H07-037,627                                                                                    14.08.2009
                                                                                                              LN1107-21l,007
------------------------------------------------------------------------------------------------------------------------------------
#07            H04-249,791       24 Hz encoding for 2/3 pull down video signals         PS 5,461,420/         LN1107-099,603
               H04-249,792                                                              17.09.2013
               H05-166,746
               H05-233,894
------------------------------------------------------------------------------------------------------------------------------------
#08            H04-277,956       Data search information entry point                    PS 5,455,684/         PS 2,785,220/
               H04-350,577                                                              22.09.2013            04.12.2012
               H04-355,558                                                              PS 5,568,274/         LN1106-144,522
                                                                                        22.10.2013
------------------------------------------------------------------------------------------------------------------------------------
#09            S57-029,472       Transform coding and band dividing                                           PS 1,756,619/
                                                                                                              25.02.2002
------------------------------------------------------------------------------------------------------------------------------------
#10            H01-186,603       Frame Size Control                                     PS 5,299,238/         LN1103-052,332
                                                                                        PS 5,299,239/
                                                                                        PS 5,299,240/
                                                                                        29.03.2011
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

All corresponding patent applications, patents, divisions, continuations and
reissues based upon any of the patent applications or patents of this list
considered to be concluded as an integral part of this list.
<PAGE>

                     DVD - Video/ROM Disc Patent List Sony


<TABLE>
<CAPTION>
====================================================================================================================================
Licensor's      Priority DOC/    Title                                                  US Patent PS          JP Patent PS
Ref. No.        Priority Date                                                           Appln. No/Exp. date   Publ. PPU/Exp. date
====================================================================================================================================
<S>             <C>              <C>                                                    <C>                   <C>
#11             H02-021,210      An optical recording medium                            PS 5,533,001/         LN1103-225,650
                                                                                        02.07.2013            LN1109-185,852
                                                                                                              LN1109-204,688
                                                                                                              LN1109-204,689
------------------------------------------------------------------------------------------------------------------------------------
#12              H02-021,210     An optical disc system                                 PS 5,587,990/         LN1103-225,650
                                                                                        24.12.2013            LN1109-185,852
                                                                                                              LN1109-204,688
                                                                                                              LN1109-204,689
-----------------------------------------------------------------------------------------------------------------------------------
#13              H02-021,210     An optical disc                                        PS 5,757,733/         LN1103-225,650
                                                                                        30.01.2011            LN1109-185,852
                                                                                                              LN1109-204,688
                                                                                                              LN1109-204,689
------------------------------------------------------------------------------------------------------------------------------------
#14              H02-021,210     An optical recording and/or reproducing apparatus      PS 5,610,880/         LN1103-225,650
                                                                                        30.01.2011            LN1109-185,852
                                                                                                              LN1109-204,688
                                                                                                              LN1109-204,689
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

All corresponding patent applications, patents, divisions, continuations and
reissues based upon any of the patent applications or patents of this list
considered to be concluded as an integral part of this list.
<PAGE>

                  DVD - Video/ROM Disc Patent List Sony

<TABLE>
<CAPTION>
====================================================================================================================================
Licensor's     Priority DOC/     Title                                                  US Patent PS          JP Patent PS
Ref. No.       Priority Date                                                            Appln. No/Exp. date   Publ. PPU/Exp. date
====================================================================================================================================
<S>            <C>               <C>                                                    <C>                   <C>
#15            H07-088,607       Color-control of subtitle                              PS 5,748,256/         LN1108-265,661

                                                                                        21.03.2016
---------------------------------------------------------------------------------------------------------------------------------
#16            H07-099,436       Position-information for displaying subtitle           A 08/627,742          LN1108-275,205
---------------------------------------------------------------------------------------------------------------------------------
#17            H07-202,703       Information for searching subtitle data                A 08/683,344          LN1109-035,458
---------------------------------------------------------------------------------------------------------------------------------
#18            H07-200,121       Path control                                           A 08/692,918          LN1109-106,631
               H07-200,122
               H08-203,966
---------------------------------------------------------------------------------------------------------------------------------
#19            H07-214,675       Top-field-flag of GOP                                  A 08/701,754          LN1109-121,360
               H08-221,592
---------------------------------------------------------------------------------------------------------------------------------
#20            H07-215,506       Subtitle-displaying duration                           PS 5,748,217/         LN1109-051,502
                                                                                        24.07.2016
---------------------------------------------------------------------------------------------------------------------------------
#21            H06-306,971       Disc having layer number                                                     LN1109-147,762
---------------------------------------------------------------------------------------------------------------------------------
#22            H07-006,902       Line 21 data for closed caption                        A 08/586,158          LN1108-205,075
---------------------------------------------------------------------------------------------------------------------------------
#23            H07-211,420       IPP address for closed caption                         A 08/688,819          LN1109-046,712
---------------------------------------------------------------------------------------------------------------------------------
#24            H07-200,082       Aspect ratio data for VBID/WSS                         A 08/692,276          LN1109-051,501
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>

All corresponding patent applications, patents, divisions, continuations and
reissues based upon any of the patent applications or patents of this list
considered to be concluded as an integral part of this list.
<PAGE>

                  DVD - VIDEO/ROM Disc Patent List Sony

<TABLE>
<CAPTION>
====================================================================================================================================
Licensor's     Priority DOC/     Title                                                  US Patent PS          JP Patent PS
Ref. No.       Priority Date                                                            Appln. No/Exp. date   Publ. PPU/Exp. date
====================================================================================================================================
<S>            <C>               <C>                                                    <C>                   <C>
#25            H07-197,816       Availability flag of audio/sub-picture stream          A 08/690,873          LNI109-102,932
               H08-133,644
------------------------------------------------------------------------------------------------------------------------------------
#26            H08-023,500       Interleaved unit size for seamless play                PS 5,721,591/         LN1109-274,769
               H09-026,238                                                              30.01.2017
====================================================================================================================================
</TABLE>


All corresponding patent applications, patents, divisions, continuations and
reissues based upon any of the patent applications or patents of this list
considered to be concluded as an integral part of this list.
<PAGE>

                                       1

                  DVD - Video/ROM Disc Patent List Pioneer

<TABLE>
<CAPTION>
====================================================================================================================================
Licensor's      Priority DOC/    Title                                                  US Patent PS          JP Patent PS
Ref. No.        Priority Date                                                           Appln. No/Exp. date   Publ. PPU/Exp. date
====================================================================================================================================
<S>             <C>              <C>                                                    <C>                   <C>
42P30201        J 63-67598/       Method of recording and reproducing picture           PS 4,953,035/         PS 2,811,445/
                22.03.1988        information, recording medium, and recording          23.09.2008            22.03.2008
                                  medium playing apparatus.
------------------------------------------------------------------------------------------------------------------------------------
41P30564        J 62-169368/      Method of recording and reproducing information and                         PPU 01-12,777
                07.07.1987        recording medium.
------------------------------------------------------------------------------------------------------------------------------------
42P30166        J 63-46604/       Method of recording and reproducing picture                                 PS 2,735,557/
                29.02.1988        information and recording medium.                                           29.02.2008
 -----------------------------------------------------------------------------------------------------------------------------------
42P30229        J 63-57401/       Method of recording and reproducing picture            PS 5,315,400/        PPU 01-232,573
                11.03.1988        information, recording medium, and recording medium    24.05.2011
                                  playing apparatus.
------------------------------------------------------------------------------------------------------------------------------------
42P30236        J 63-102175/      Method and apparatus for recording and                 PS 5,063,551/        PPU 01-273,268
                25.04.1988        reproducing picture information and recording medium   31.01.2009
------------------------------------------------------------------------------------------------------------------------------------
47P40013        J 04-243803/      Video disc having an aspect ratio information and      A 115,771            PPU 06-98,291
                11.09.1992        video disc player having an aspect ratio               A 334,374
                                  converting function.

------------------------------------------------------------------------------------------------------------------------------------
47P30077        J 04-293888/      Audio recording medium and audio reproducing                                PPU 06-124,540
                07.10.1992        apparatus thereof.
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

All corresponding patent applications, patents, divisions, continuations and
reissues based upon any of the patent applications or patents of this list
considered to be concluded as an integral part of this list.
<PAGE>

                  DVD -- Video/ROM Disc Patent List Pioneer

<TABLE>
<CAPTION>
===================================================================================================================================
Licensor's   Priority DOC/      Title                                                  US Patent PS             JP Patent PS
Ref. No.     Priority Date                                                             Appln. No/Exp. date      Publ. PPU/Exp. date
===================================================================================================================================
<S>          <C>                <C>                                                    <C>                      <C>
48P40116     J 05-282514/       Optical disk having synchronous marks and data         PS 5,629,924/            PS 2,849,033/
             11.11.1993         marks to satisfy certain criteria Optical disc and     07.11.2014               11.11.2013
                                spindle servo circuit for playing apparatus thereof.                            A 08-236,411
-----------------------------------------------------------------------------------------------------------------------------------
48P30016     J 05-124068/       Recording medium and karaoke reproducing apparatus.    PS 5,473,106/            PPU 06-332,485
             26.05.1993                                                                24.05.2014
-----------------------------------------------------------------------------------------------------------------------------------
48P30015     J 05-124070/       Recording medium and karaoke reproducing apparatus.    PS 5,466,883/            PPU 06-332,481
             26.05.1993                                                                25.05.2014
-----------------------------------------------------------------------------------------------------------------------------------
48P30019     J 05-124067/       Recording medium playing apparatus and recording       A 719,466                A 08-336,031
             26.05.1993         medium.
-----------------------------------------------------------------------------------------------------------------------------------
45P40038     J 02-179794/       Information storage medium and apparatus for           PS 5,336,844/            A 10-315,653
             06.07.1990         reproducing information therefrom.                     09.08.2011
-----------------------------------------------------------------------------------------------------------------------------------
48P30012     J 05-148156/       Recording medium playing apparatus and recording       A 719,466                A 08-336,054
             18.06.1993         medium
-----------------------------------------------------------------------------------------------------------------------------------
50P40030     J 06-174511/       Multi-layered recording disk and                       PS 5,608,715/            PPU 08-96,406
             26.07.1994         recording/reproducing system using the same.           20.07.2015
-----------------------------------------------------------------------------------------------------------------------------------
50P40040     J 07-166024/       Information recording medium, and apparatus for        A 670,533                PPU 09-17,159
             30.06.1995         recording or reproducing on or from the same.          Notice of Allowance
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>

All corresponding patent applications, patents, divisions, continuations and
reissues based upon any of the patent applications or patents of this list
considered to be concluded as an integral part of this list.
<PAGE>

                                       3

                  DVD -- Video/ROM Disc Patent List Pioneer

<TABLE>
<CAPTION>
===================================================================================================================================
Licensor's   Priority DOC/      Title                                                  US Patent PS             JP Patent PS
Ref. No.     Priority Date                                                             Appln. No/Exp. date      Publ. PPU/Exp. date
===================================================================================================================================
<S>          <C>                <C>                                                    <C>                      <C>
50P40041     J 07-170913/       Method and apparatus for recording record medium,      A 675,016                PPU 09-23,404
             06.07.1995         and apparatus for reproducing the same.                Notice of Allowance
-----------------------------------------------------------------------------------------------------------------------------------
50P40166     J 08-41942/        Information record media, apparatus for recording      A 806,459                PPU 09-231,730
             28.02.1996         the same and apparatus for reproducing the same.
-----------------------------------------------------------------------------------------------------------------------------------
50P40188     J 08-41943/        Information record media, apparatus for recording      A 806,458                PPU 09-231,677
             28.02.1996         the same and apparatus for reproducing the same.
-----------------------------------------------------------------------------------------------------------------------------------
50P40174     J 08-57757/        Information record media, apparatus for recording      A 815,956                PPU 09-251,759
             14.03.1996         the same and apparatus for reproducing the same.
-----------------------------------------------------------------------------------------------------------------------------------
50P40171     J 08-59834/        Information record media, apparatus for recording      A 816,889                PPU 09-251,760
             15.03.1996         the same and apparatus for reproducing the same.       Notice of Allowance
-----------------------------------------------------------------------------------------------------------------------------------
50P40189     J 08-59835/        Information record media, apparatus for recording      A 815,184                PPU 09-251,717
             15.03.1996         the same and apparatus for reproducing the same.
-----------------------------------------------------------------------------------------------------------------------------------
50P40182     J 08-59836/        Information record media, apparatus for recording      A 812,882                PPU 09-252,449
             15.03.1996         the same and apparatus for reproducing the same.
-----------------------------------------------------------------------------------------------------------------------------------
50P40167     J 08-59837/        Information record media, apparatus for recording      A 816,686                PPU 09-252,450
             15.03.1996         the same and apparatus for reproducing the same.
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>

All corresponding patent applications, patents, divisions, continuations and
reissues based upon any of the patent applications or patents of this list
considered to be concluded as an integral part of this list.
<PAGE>

                                      4

                  DVD -- Video/ROM Disc Patent List Pioneer

<TABLE>
<CAPTION>
===================================================================================================================================
Licensor's   Priority DOC/      Title                                                  US Patent PS             JP Patent PS
Ref. No.     Priority Date                                                             Appln. No/Exp. date      Publ. PPU/Exp. date
===================================================================================================================================
<S>          <C>                <C>                                                    <C>                      <C>
50P40164     J 08-59838/        Information record media, apparatus for recording      A 816,941                PPU 09-251,761
             15.03.1996         the same and apparatus for reproducing the same.
-----------------------------------------------------------------------------------------------------------------------------------
50P40176     J 08-61470/        Information record media, apparatus for recording      A 822,157                PPU 09-251 ,763
             18.03.1996         the same and apparatus for reproducing the same.       Notice of Allowance
-----------------------------------------------------------------------------------------------------------------------------------
50P40165     J 08-61471/        Information record media, apparatus for recording      A 819,012                PPU 09-261,584
             18.03.1996         the same and apparatus for reproducing the same.
-----------------------------------------------------------------------------------------------------------------------------------
50P40187     J 08-61472/        Information record media, apparatus for recording      A 819,011                PPU 09-251,723
             18.03.1996         the same and apparatus for reproducing the same.
-----------------------------------------------------------------------------------------------------------------------------------
50P40186     J 08-61473/        Information record media, apparatus for recording      PS 5,805,537/            PPU 09-251,762
             18.03.1996         the same and apparatus for reproducing the same.       17.03.2017
-----------------------------------------------------------------------------------------------------------------------------------
50P40180     J 08-63590/        Information record media, apparatus for recording      A 820,256                PPU 09-259,573
             19.03.1996         the same and apparatus for reproducing the same.       Notice of Allowance
-----------------------------------------------------------------------------------------------------------------------------------
50P40184     J 08-63591/        Information record media, apparatus for recording      A 820,257                PPU O9-259,574
             19.03.1996         the same and apparatus for reproducing the same.
-----------------------------------------------------------------------------------------------------------------------------------
50P40169     J 08-66403/        Information record media, apparatus for recording      A 821,424                PPU 09-259,541
             22.03.1996         the same and apparatus for reproducing the same.
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>

All corresponding patent applications, patents, divisions, continuations and
reissues based upon any of the patent applications or patents of this list
considered to be concluded as an integral part of this list.
<PAGE>

                  DVD -- Video/ROM Disc Patent List Pioneer

<TABLE>
<CAPTION>
===================================================================================================================================
Licensor's   Priority DOC/      Title                                                  US Patent PS             JP Patent PS
Ref. No.     Priority Date                                                             Appln. No/Exp. date      Publ. PPU/Exp. date
===================================================================================================================================
<S>          <C>                <C>                                                    <C>                      <C>
50P40185     J 08-66404/        Information record media, apparatus for recording      PS 5,742,569/            PPU 09-259,506
             22.03.1996         the same and apparatus for reproducing the same.       21.03.2017
-----------------------------------------------------------------------------------------------------------------------------------
50P40168     J 08-66405/        Information record media, apparatus for recording      A 822,457                PPU 09-259,542
             22.03.1996         the same and apparatus for reproducing the same.
-----------------------------------------------------------------------------------------------------------------------------------
50P40175     J 08-68730/        Information record media, apparatus for recording      A 825,560                PPU 09-265,765
             25.03.1996         the same and apparatus for reproducing the same.       Notice of allowance
-----------------------------------------------------------------------------------------------------------------------------------
50P40163     J 08-82932/        Information record media, apparatus for recording      A 834,806                PPU 09-274,776
             04.04.1996         the same and apparatus for reproducing the same.
-----------------------------------------------------------------------------------------------------------------------------------
50P40179     J 08-83478/        Information record media, apparatus for recording      A 831,716                PPU 09-282,848
             05.04.1996         the same and apparatus for reproducing the same.
-----------------------------------------------------------------------------------------------------------------------------------
50P40181     J 08-85808/        Information record media, apparatus for recording      A 833,476                PPU 09-282,849
             08.04.1996         the same and apparatus for reproducing the same.       Notice of allowance
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>

All corresponding patent applications, patents, divisions, continuations and
reissues based upon any of the patent applications or patents of this list
considered to be concluded as an integral part of this list.