Document:

<PAGE>

                                                                 Exhibit No. 4.2

                            THE ALLSTATE CORPORATION

                                       AND

                 STATE STREET BANK AND TRUST COMPANY, as Trustee

             -------------------------------------------------------

                         SIXTH SUPPLEMENTAL INDENTURE TO
                        INDENTURE DATED DECEMBER 16, 1997
                            (SENIOR DEBT SECURITIES)

                            Dated as of June 12, 2000

             -------------------------------------------------------

                                  Page 9 of 12
<PAGE>

                            THE ALLSTATE CORPORATION

                         SIXTH SUPPLEMENTAL INDENTURE TO
                        INDENTURE DATED DECEMBER 16, 1997
                            (SENIOR DEBT SECURITIES)

          SIXTH SUPPLEMENTAL INDENTURE, dated as of June 12, 2000, between THE
ALLSTATE CORPORATION, a Delaware corporation (the "Company"), and STATE STREET
BANK AND TRUST COMPANY, a Massachusetts trust company, as Trustee (the
"Trustee").

                                    RECITALS

          The Company has heretofore executed and delivered to the Trustee an
Indenture for Senior Debt Securities, dated as of December 16, 1997, as amended
by the Third Supplemental Indenture dated as of July 23, 1999 (the "Indenture"),
providing for the issuance from time to time of series of the Company's
Securities.

          On December 16, 1997, the Company executed and delivered to the
Trustee a First Supplemental Indenture to the Indenture (the "First
Supplemental Indenture"), providing for the issuance of $250,000,000 in
principal amount of 7 1/8% Senior Quarterly Interest Bonds due 2097 (the
"2097 Senior Bonds"). The Company issued the 2097 Senior Bonds on December
19, 1997.

          On May 20, 1998, the Company executed and delivered to the Trustee a
Second Supplemental Indenture to the Indenture (the "Second Supplemental
Indenture"), providing for the issuance of $250,000,000 in principal amount of
6.75% Senior Debentures due May 15, 2018 and $250,000,000 in principal amount of
6.90% Senior Debentures due May 15, 2038. The Company issued the 6.75% Senior
Debentures due May 15, 2018 and the 6.90% Senior Debentures due May 15, 2038 on
May 20, 1998.

          On November 17, 1999, the Company executed and delivered to the
Trustee a Fourth Supplemental Indenture to the Indenture (the "Fourth
Supplemental Indenture"), providing for the issuance of $750,000,000 in
principal amount of 7.20% Senior Notes due December 1, 2009 (the "2009 Senior
Notes"). The Company issued the 2009 Senior Notes on November 17, 1999.

          On May 1, 2000, the Company executed and delivered to the Trustee a
Fifth Supplemental Indenture to the Indenture (the "Fifth Supplemental
Indenture"), providing for the issuance of $900,000,000 in principal amount
of 7 7/8% Senior Notes due 2005 (the "2005 Senior Notes"). The Company issued
the 2005 Senior Notes on May 1, 2000.

          Section 901(9) of the Indenture provides for the Company and the
Trustee to enter into an indenture supplemental to the Indenture to correct or
supplement any provision of the Indenture, provided that such action shall not
adversely affect the interests of the Holders of Securities of any series in any
material respect.

          Section 904 of the Indenture provides that upon execution of any
indenture supplemental to the Indenture, the Indenture shall be modified in
accordance therewith, and such supplemental indenture shall form a part of the
Indenture for all purposes; and every Holder of Securities theretofore or
thereafter authenticated and delivered under the Indenture shall be bound
thereby.

          NOW, THEREFORE, THIS SIXTH SUPPLEMENTAL INDENTURE WITNESSETH:

          For and in consideration of the premises, it is mutually agreed, for
the equal and proportionate benefit of all Holders of the Securities as follows:

                                 Page 10 of 12
<PAGE>

                                    ARTICLE I

                       Relation to Indenture; Definitions

          Section 1.1. RELATION TO INDENTURE. This Sixth Supplemental Indenture
constitutes an integral part of the Indenture.

          Section 1.2. DEFINITIONS. For all purposes of this Sixth Supplemental
Indenture:

          (a)  Capitalized terms used herein without definition shall have the
meanings specified in the Indenture;

          (b)  All references herein to Articles and Sections, unless otherwise
specified, refer to the corresponding Articles and Sections of the Indenture;
and

          (c)  The terms "herein," "hereof," "hereunder" and other words of
similar import refer to the Indenture.

                                   ARTICLE II

                            The Series of Securities

          Section 2.1. DEFINITIONS.

          (a)  Section 101 of the Indenture shall be amended by deleting the
definition of "Company Request" and "Company Order" and replacing such
definition with the following:

          "Company Request" or "Company Order" means a written request or order
          signed in the name of the Company by any two of the following
          officers, provided that at least one of the signing officers is the
          principal executive officer, principal operating officer, principal
          financial officer, principal accounting officer or Treasurer of the
          Company: Chairman of the Board; Chief Executive Officer; President;
          Chief Operating Officer; Chief Financial Officer; General Counsel;
          Treasurer; Secretary; Controller; any Vice President; any Assistant
          Treasurer; any Assistant Secretary; and any Assistant Vice President.

          (b)  Section 101 of the Indenture shall be amended by deleting the
definition of "Officers' Certificate" and replacing such definition with the
following:

          "Officers' Certificate" means a certificate signed by any two of the
          following officers and delivered to the Trustee, provided that at
          least one of the signing officers is the principal executive officer,
          principal operating officer, principal financial officer, principal
          accounting officer or Treasurer of the Company: Chairman of the Board;
          Chief Executive Officer; President; Chief Operating Officer; Chief
          Financial Officer; General Counsel; Treasurer; Secretary; Controller;
          any Vice President; any Assistant Treasurer; any Assistant Secretary;
          and any Assistant Vice President.

                                 Page 11 of 12
<PAGE>

                                   ARTICLE III

                            Miscellaneous Provisions

          Section 3.1. TRUSTEE NOT RESPONSIBLE FOR RECITALS. The recitals herein
contained are made by the Company and not by the Trustee, and the Trustee
assumes no responsibility for the correctness thereof. The Trustee makes no
representation as to the validity or sufficiency of this Sixth Supplemental
Indenture.

          Section 3.2. ADOPTION, RATIFICATION AND CONFIRMATION. The Indenture,
as supplemented and amended by this Sixth Supplemental Indenture, is in all
respects hereby adopted, ratified and confirmed.

          Section 3.3. COUNTERPARTS. This Sixth Supplemental Indenture may be
executed in any number of counterparts, each of which shall be an original, but
such counterparts shall together constitute but one and the same instrument.

          Section 3.4. GOVERNING LAW. THIS SIXTH SUPPLEMENTAL INDENTURE AND EACH
DEBENTURE, BOND AND NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH
THE INTERNAL LAWS OF THE STATE OF NEW YORK.

                                    * * * * *

          IN WITNESS WHEREOF, the parties hereto have caused this Sixth
Supplemental Indenture to be duly executed on the date or dates indicated in the
acknowledgments and as of the day and year first above written.

                                   THE ALLSTATE CORPORATION

                                   By:
                                        -----------------------------------
                                        Edward M. Liddy
                                        Chairman of the Board, President and
                                        Chief Executive Officer

                                   STATE STREET BANK AND TRUST
                                   COMPANY, as Trustee

                                   By:
                                        -----------------------------------

                                   Its:
                                        -----------------------------------

                                 Page 12 of 12<PAGE>

                                                                   EXHIBIT 10.38

                            ASSET PURCHASE AGREEMENT

     This Asset Purchase Agreement (the "Agreement") is made effective the
6th day of June, 2000 by and between OnRadio.com, a California corporation
("OnRadio"), and GlobalMedia.com, a Nevada corporation ("Global").

                                   BACKGROUND

     OnRadio is the owner of contracts under which it provides streaming
media, web site hosting, maintenance, content delivery, and e-commerce
services to terrestrial radio stations (the "Customers"). Global desires to
acquire certain of the contracts and OnRadio is willing to sell such
contracts on the terms and subject to the conditions set forth in this
Agreement. Therefore, the parties agree as follows:

                                    AGREEMENT

     SECTION 1. DEFINED TERMS.

          1.1  DEFINITIONS. In addition to the terms defined elsewhere in
this Agreement, the following terms, when used herein, shall have the
following meanings:

          (a)  "ADDITIONAL CONSIDERATION" shall have the meaning set forth in
          Section 2.4.

          (b)  "AGREEMENT" means this Asset Purchase Agreement, including the
          schedules and exhibits.

          (c)  "ASSETS" shall mean, collectively, the Web Site Assets and the
          Streaming Media Assets.

          (d)  "BEST EFFORTS" means the efforts that a prudent Person desirous
          of achieving a result would use in similar circumstances to achieve
          that result as expeditiously as possible; PROVIDED, HOWEVER, that an
          obligation to use Best Efforts under this Agreement does not require
          the Person subject to that obligation to take actions that would
          result in a materially adverse change in the benefits to such Person
          under this Agreement or that would violate any Law or court order
          applicable to such Person.

          (e)  "BREAKUP SHARES" shall have the meaning set forth in Section
          2.3(a)(iii).

          (f)  "BUSINESS DAY" shall mean a day, other than Saturday or
          Sunday, on which banks in California are open to the public for the
          transaction of their normal banking business.

          (g)  "CLOSING" AND "CLOSING DATE" means, where the context so
          provides, "Initial Closing" and "Initial Closing Date", "Intermediate
          Closing(s) and "Intermediate Closing(s) Dates", or "Final Closing" and
          "Final Closing Date."

<PAGE>

          (h)  "CLOSING SHARE PRICE" shall mean the average closing sales price
          of the Common Stock on the Nasdaq Stock Market or other stock market
          if applicable for the 20 trading days prior to the Initial Closing,
          not to exceed $11.00 per share nor be below $5.00 per share.

          (i)  "COMMON STOCK" means the common stock, par value $0.0001 per
          share, of Global.

          (j)  "CONTRACTS" shall mean, collectively, the Web Site Contracts and
          the Streaming Media Contracts.

          (k)  "CUME" means the cumulative audience statistic for a radio
          station as published by Arbitron.

          (l)  "CUSTOMER CUME" means, where the context so requires, the
          agreed-upon CUME for a Customer or the aggregate CUME for all
          Customers, in each case as set forth in Schedule 2.1(a)(i) and
          2.1(a)(ii). Customer CUME does not include CUME of Sales Prospects.

          (m)  "CUSTOMER CUME ATTRITION" means, for the relevant period, a
          decline in Customer CUME (measured by the Customer CUME for the
          relevant customer as set forth in Schedule 2.1 (a)) resulting from
          Customer Terminations. Customer CUME Attrition shall be measured by
          subtracting the Customer CUME set forth in Schedule 2.1 (a)(i) or
          Schedule 2.1 (a)(ii) for each Customer that is the subject of a
          Customer Termination.

          (n)  "CUSTOMER TERMINATION" means (i) the termination of any Contract
          by a Customer during the Transition Period, provided that the Customer
          does not enter into a new contractual relationship with respect to the
          delivery of one or more Global Services prior to the end of the
          Transition Period, or (ii) the failure of a Customer to enter into a
          new contractual relationship with Global with respect to the delivery
          of one or more of Global Services prior to the earlier of (A) the
          expiration of a Contract including any extension term contemplated
          therein, or (B) the end of the Transition Period.

          (o)  "CUSTOMERS" means the terrestrial radio customers of OnRadio who
          are parties to the Contracts.

          (p)  "DAMAGES" means any and all costs, losses, damages, amounts paid
          in settlement, liabilities, demands, claims, suits, actions,
          judgments, causes of action, assessments or expenses, including
          interest, penalties, fines and reasonable attorney's fees incident
          thereto, incurred in connection with any claim for indemnification
          arising out of this Agreement

          (q)  "DISCLOSURE DOCUMENTS" shall have the meaning set forth in
          Section 4.5.

          (r)  "EQUIPMENT LEASE" shall have the meaning set forth in Section
          5.6.

                                       2

<PAGE>

          (s)  "ESCROW AGENT" shall have the meaning set forth in the Escrow
          Agreement.

          (t)  "ESCROW AGREEMENT" means the Amended and Restated Holding
          Agreement and Instructions to Escrow Agent dated as of May 8, 2000,
          and amended June 6, 2000 by and among the Parties and the Escrow
          Agent.

          (u)  "ESCROW FUNDS" shall have the meaning set forth in the Escrow
          Agreement.

          (v)  "FINAL CLOSING" AND "FINAL CLOSING DATE" shall have the
          respective meanings set forth in Section 7.6.

          (w)  "FINAL CLOSING SHARES" shall have the meaning set forth in
          Section 2.3(c).

          (x)  "GLOBAL MEDIA PLAYER" shall mean Global's HTML based streaming
          media player with embedded RealPlayer codec.

          (y)  "GLOBAL SERVICES" means internet-related services, including but
          not limited to the streaming media, web site hosting, maintenance,
          content delivery, and e-commerce services offered by Global to its
          customers in the ordinary course of its business.

          (z)  "GOVERNMENTAL AUTHORITY" means any nation or government, foreign
          or domestic, any state or other political subdivision thereof, and any
          agency or other entity exercising executive, legislative, judicial,
          regulatory or administrative functions of government, including,
          without limitation, all taxing authorities and all authorities having
          regulatory oversight of any aspect of OnRadio's Terrestrial Radio
          Business.

          (aa) "INITIAL CLOSING" and "INITIAL CLOSING DATE" shall have the
          respective meanings set forth in Section 7.1.

          (bb) "INTERMEDIATE CLOSING(S)" AND "INTERMEDIATE CLOSING DATE(S)"
          shall have the respective meanings set forth in Section 7.4.

          (cc) "INTERMEDIATE CLOSING(S) SHARES" shall have the meaning set forth
          in Section 2.3(b).

          (dd) "INTERMEDIATE CLOSING CUTOFF DATE" shall have the meaning set
          forth in Section 7.4.

          (ee) "INVESTOR RIGHTS AGREEMENT" shall have the meaning set forth in
          Section 5.4

          (ff) "LAW" means any statute, rule, common law, ordinance, regulation,
          order, writ, judgment, injunction, decree, determination, or award
          enacted or promulgated by a Governmental Authority.

          (gg) "LOSS" means any demand, obligation, liability, claim, loss,
          cost,

                                       3

<PAGE>

          expense, tax, lawsuit, arbitration or other legal action, judgment or
          damage, liquidated or unliquidated, accrued or contingent, incurred or
          suffered, including without limitation any interest, penalties, costs
          and reasonable legal fees and expenses in connection with the
          incurrence of any Loss or in defending against any Loss.

          (hh) "ONRADIO TERRESTRIAL RADIO SERVICES" means the streaming media,
          website hosting, maintenance, content delivery, and e-commerce and
          other services as set forth in the Contracts.

          (ii) "ONRADIO'S TERRESTRIAL RADIO BUSINESS" means the business carried
          on by OnRadio of providing the OnRadio Terrestrial Radio Services
          under the Contracts to the Customers.

          (jj) "PARTIES" means OnRadio and Global.

          (kk) "PERSON" means an individual, corporation, partnership, limited
          liability company, unincorporated association, trust, joint venture or
          other organization or entity, including a Governmental Authority.

          (ll) "RELATED CONTRACTS" means certain third party contracts as set
          forth in Schedule 3.17 under which OnRadio is providing certain
          OnRadio Terrestrial Radio Services to Customers as of the date of this
          Agreement.

          (mm) "SALES PROSPECTS" shall mean, collectively, the large market
          radio station identified in Section 2.4(b), the Streaming Services
          Sales Prospects and the Web Services Sales Prospects.

          (nn) "SECURITIES LAWS" means the Securities Act of 1933, as amended,
          and the securities laws of any state solely to the extent applicable.

          (oo) "SHARES" means the shares of Common Stock issued to OnRadio
          pursuant to the Escrow Agreement or Section 2.3 or 2.4 below.

          (pp) "SOFTWARE LICENSE" shall have the meaning set forth in Section
          5.5.

          (qq) "STREAMING MEDIA ASSETS" shall have the meaning set forth in
          Section 2.1 (a)(ii)

          (rr) "STREAMING MEDIA CONTRACTS" means the contracts listed in
          Schedule 2.1 (a)(ii).

          (ss) "STREAMING MEDIA CONTRACTS CUSTOMERS" means those Customers that
          are parties to the Streaming Media Contracts. Streaming Media
          Contracts Customers shall not include Customers whose Streaming Media
          Contracts have not been renewed or which have been terminated.

          (tt) "STREAMING CUSTOMER TRANSITION PROCESS" shall mean, with respect
          to a

                                       4

<PAGE>

          particular Streaming Media Contract Customer, (i) installation by or
          on behalf of Global of a private frame relay line for the Streaming
          Media Contract Customer, (ii) delivery to the Streaming Media Contract
          Customer and set-up of an encoder box, and (iii) creation by Global of
          a player for the Streaming Media Contract Customer.

          (uu) "STREAMING SERVICES SALES PROSPECTS" shall have the meaning set
          forth in Section 2.4(a).

          (vv) "SUPPLEMENTAL DOCUMENTS" means the instruments, certificates and
          other documents referred to herein which shall be executed pursuant to
          or in connection with this Agreement, including, without limitation,
          the Transition Agreement, the Investor Rights Agreement, the Software
          License, and the Equipment Lease.

          (ww) "TAX" or "TAXES" means any income, gross receipts, excise,
          business and occupation, franchise, real and personal property, sales
          and use, withholding, social security, unemployment, disability, and
          other taxes or governmental fees or charges or other assessments
          (whether imposed directly or through withholding), including any
          interest or penalties that may become payable in respect thereof,
          imposed by any Governmental Authority.

          (xx) "THREATENED" means a claim, proceeding, dispute, action, or other
          matter where any demand or statement has been made (orally or in
          writing) or any notice has been given (orally or in writing), or if
          any other event has occurred or any other circumstances exist, that
          would lead a prudent Person to conclude that such a claim, proceeding,
          dispute, action, or other matter is likely to be asserted, commenced,
          taken, or otherwise pursued in the future.

          (yy) "TRANSITION PERIOD" means the period commencing on the Initial
          Closing Date and ending on the one year anniversary thereof.

          (zz) "TRANSITION AGREEMENT" shall have the meaning set forth in
          Section 5.3.

          (aaa) "WEB SERVICES SALES PROSPECTS" shall have the meaning set forth
          in Section 2.4(c).

          (bbb) "WEB SITE ASSETS" shall have the meaning set forth in Section
          2.1 (a).

          (ccc) "WEB SITE CONTRACTS" means the web site hosting and other
          contracts listed in Schedule 2.1 (a)(i).

          1.2  ACCOUNTING TERMS; MONETARY TERMS. Any term that is used in the
context of describing or referring to an accounting concept and that is not
specifically defined in this Agreement shall be construed in accordance with
United States Generally Accepted Accounting Principles. All sums of money
referred to herein are expressed in United States Dollars.

                                       5

<PAGE>

          1.3  MEANING OF "KNOWLEDGE." For all purposes of this Agreement, any
reference to the existence or absence of facts which is indicated to be based on
a Party's knowledge, is intended to signify that no information has come to the
attention of any current officer or director of such Party that would give such
Person constructive or actual knowledge of the existence or absence of such
facts. For the purposes of this Agreement, a Person shall have constructive
"knowledge" of a fact, event, condition or circumstance when she or he has
knowledge that would lead a reasonable Person to inquire as to the existence or
absence of such fact, event, condition or circumstance.

          1.4  DISCLOSURE SCHEDULES AND EXHIBITS. Schedules delivered by OnRadio
to Global in connection with the execution and delivery of this Agreement or
after the execution of this Agreement (the "Disclosure Schedules") contain
certain information and data required to be disclosed by this Agreement. The
Disclosure Schedules identify the information and data disclosed with reference
to the sections of this Agreement and shall be attached to and form a part of
this Agreement. Exhibits attached to this Agreement contain examples of
documents that are substantially similar to the Supplemental Documents.

     SECTION 2. ASSETS PURCHASED; LIABILITIES ASSUMED; CONTINGENT PAYMENTS;
CUSTOMER RETENTION HOLDBACK

          2.1  PURCHASE AND SALE OF ASSETS.

          (a)  On the terms and subject to the conditions set forth in this
Agreement, OnRadio shall sell, assign, transfer, convey and deliver to Global,
and Global shall purchase, acquire and accept from OnRadio, all of the following
assets, properties and rights of OnRadio (collectively, the "Web Site Assets"):

                    (i)   All Web Site Contracts;

                    (ii)  All of OnRadio's rights under the Web Site Contracts,
          including without limitation the right to receive fees payable by the
          Customers under the Web Site Contracts;

                    (iii) Copies of the invoices and correspondence related to
          the Web Site Contracts; summaries of payments, accounts receivables
          for the Web Site Contracts only;

                    (iv)  All rights and claims (known or unknown, matured or
          unmatured, accrued or contingent) in favor of OnRadio in respect of
          the Web Site Contracts.

          (b)  On the terms and subject to the conditions set forth in this
Agreement, OnRadio shall sell, assign, transfer, convey and deliver to Global,
and Global shall purchase, acquire and accept from OnRadio, all of the following
assets, properties and rights of OnRadio (collectively, the "Streaming Media
Assets"):

                    (i)   All Streaming Media Contracts;

                                       6

<PAGE>

                    (ii)  All of OnRadio's rights under the Streaming Media
          Contracts, including without limitation the right to receive fees
          payable by the Customers under the Streaming Media Contracts;

                    (iii) Copies of the invoices and correspondence related to
          the Streaming Media Contracts; summaries of payments, accounts
          receivables for the Streaming Media Contracts only;

                    (iv)  All rights and claims (known or unknown, matured or
          unmatured, accrued or contingent) in favor of OnRadio in respect of
          the Streaming Media Contracts.

          2.2  ASSUMPTION OF LIABILITIES. Contemporaneously with the purchase of
the Web Site Contracts, OnRadio shall assign and Global shall assume each
liability and obligation of OnRadio under the Web Site Contracts arising or to
be performed after the Initial Closing ("Assumed Web Site Contract Liability").
Contemporaneously with the purchase of the Streaming Media Contracts, OnRadio
shall assign and Global shall assume each liability and obligation of OnRadio
under the Streaming Media Contracts arising or to be performed with respect to
each Streaming Media Contract assigned in connection with an Intermediate
Closing, and with respect to all the Streaming Media Contracts assigned in
connection with the Final Closing ("Assumed Streaming Media Contract
Liability"). Global is not assuming, and shall not be deemed to have assumed,
any liabilities of OnRadio other than those described in this paragraph,
including any liability or obligation of OnRadio (except as set forth in this
paragraph) whether accrued or fixed, absolute or contingent, known or unknown,
or determined or determinable, and whether incurred prior to, on, or after the
Closing ("Retained Liability"). Nothing herein shall be construed to relieve
OnRadio of any obligation under the Transition Agreement.

          2.3  PURCHASE PRICE FOR WEB SITE ASSETS; PAYMENT. The aggregate
purchase price for the Web Site Assets and Streaming Media Assets shall be
$9,000,000 ($2,250,000 of which shall be subject to the Holdback Provision set
forth in Section 2.7 below) paid as follows:

               (a)  at the Initial Closing:

                    (i)   $500,000 in cash;

                    (ii)  a number of Shares determined by dividing $2,250,000
          by the Closing Share Price; and

                    (iii) the stock certificate registered in OnRadio's name
          representing 47,619 shares of Common Stock with the agreed value of
          $250,000 ("Breakup Shares"), which was delivered to OnRadio pursuant
          to the terms of the amended and restated letter of intent between the
          Parties dated May 5, 2000;

               (b)  at each Intermediate Closing, a number of Shares determined
in the manner set forth in Section 7.4 below for the Streaming Media Contracts
being transferred and assigned in such Intermediate Closing; and

                                       7

<PAGE>

               (c)  at the Final Closing, a number of Shares determined by
dividing $3,750,000 by the Closing Share Price (the "Final Closing Shares"),
less the total number of shares issued and delivered to OnRadio in any prior
Intermediate Closing(s) under 2.3 (b).

          2.4  CONTINGENT PAYMENTS. OnRadio shall be entitled to up to an
additional $3,000,000 ("Additional Consideration"), payable in Shares based upon
the Closing Sales Price, on the following terms and conditions:

               (a)  OnRadio shall transition all on-going radio station
     streaming sales leads and prospects ("Streaming Services Sales Prospects"),
     all of which are identified on the attached Schedule 2.4, to Global.

               (b)  OnRadio shall introduce Global to the large market radio
     station listed in Schedule 2.4; and

               (c)  OnRadio shall transition all on-going radio station web
     services sales prospects ("Web Services Sales Prospects"), all of which are
     identified on the attached Schedule 2.4, to Global.

To that end, within thirty (30) days of Initial Closing, OnRadio shall assist in
the transition of these opportunities through joint sales or executive level
calls with Global representatives at each Sales Prospect. The Parties agree that
the aggregate CUME for the above three opportunities (the "Aggregate Sales
Prospect CUME") shall be the sum of the CUME for each Sales Prospect set forth
in Schedule 2.4. If Global enters into a contract for the provision of Global
Services with a Sales Prospect within six (6) months of Initial Closing, OnRadio
shall be entitled to a portion of the Additional Consideration determined by
multiplying $3,000,000 by a ratio, the numerator of which is the CUME for the
Sales Prospect set forth on Schedule 2.4 and the denominator of which is the
Aggregate Sales Prospects CUME as set forth in such schedule. A certificate for
that number of Shares (based upon the Closing Sales Price) representing the
portion of the Additional Consideration to which OnRadio is entitled shall be
delivered to OnRadio within thirty (30) days of the execution of each such
contract.

          2.5  REGISTRATION RIGHTS. All Shares issued to OnRadio under this
Agreement, including Shares issued pursuant to Sections 2.3, 2.4, 2.7 and 9.3,
or to be delivered pursuant to Section 7, shall be "Registrable Securities" as
defined in the Investor Rights Agreement.

          2.6  FURTHER DOCUMENTS OR NECESSARY ACTION. OnRadio and Global,
respectively, shall take all action that is reasonably necessary to effectuate
the transactions contemplated under this Agreement. On or after the Initial
Closing Date, if any further action is reasonably necessary to carry out the
purposes of this Agreement and to vest Global with full title to the Web Site
Assets, OnRadio and Global shall take all reasonably necessary actions. On or
after each Intermediate Closing Date and on or after the Final Closing Date, if
any further action is reasonably necessary to carry out the purposes of this
Agreement and to vest Global with full title to the Streaming Media Assets
transferred and assigned on such Intermediate Closing Date or Final Closing
Date, as applicable, OnRadio and Global shall take all reasonably necessary
actions. Each party shall bear its own costs and expenses in connection with any
such

                                       8

<PAGE>

further actions.

          2.7  CUSTOMER RETENTION HOLDBACK. OnRadio acknowledges that Global is
entering into this Agreement based in part upon certain Customer retention
assumptions. In particular, Global has assumed that the monthly Customer CUME
loss will not exceed 1.5% per month during the Transition Period ("Assumed
Customer CUME Attrition"). The Parties have therefore agreed to an adjustment of
the Purchase Price in the event that, at the end of the Transition Period,
Customer CUME Attrition exceeds the cumulative Assumed Customer CUME Attrition.
For these purposes, the Parties agree that Global shall retain $2,250,000 of the
aggregate Purchase Price in the form of Shares, based upon the Closing Share
Price, (as a holdback (the "Holdback Shares"). At the Initial Closing, a
certificate evidencing the Holdback Shares shall be issued in the name of
OnRadio but deposited into Escrow, and OnRadio will deliver to the Escrow Agent
an assignment separate from certificate duly executed by OnRadio with respect to
the Holdback Shares. If on the one year anniversary of the Initial Closing (the
"Anniversary"), the aggregate annualized Customer CUME Attrition is no more than
18%, all of the Holdback Shares shall be paid over and distributed to OnRadio.
If on the Anniversary, the aggregate annualized Customer CUME Attrition is more
than 18%, all of the Holdback Shares shall be retained by Global and cancelled.
The Parties agree that the same CUME statistics on Schedules 2.1(a)(i) and (ii)
shall be used as the basis to measure Customer CUME Attrition. Global
acknowledges and agrees that its retention and cancellation of the Holdback
Shares shall be Global's exclusive remedy in the event that Customer CUME
Attrition exceeds the Assumed Customer CUME Attrition.

     SECTION 3. REPRESENTATIONS AND WARRANTIES OF SELLER. OnRadio hereby
represents and warrants to Global that, except as disclosed on any Disclosure
Schedule, the following statements are true and correct on the date of this
Agreement (unless some other date is specified as of which the statement is
made) and will be true and correct on the Initial Closing Date as though made on
such date:

          3.1  ORGANIZATION. OnRadio is a corporation duly organized, validly
existing and in good standing under the laws of the State of California. OnRadio
is duly qualified or licensed as a foreign corporation and is in good standing
in each jurisdiction where the nature of OnRadio's Terrestrial Radio Business or
the ownership of the Assets or performance of the Contracts requires such
qualification or license.

          3.2  POWER AND AUTHORITY. OnRadio has all requisite corporate power
and authority to enter into, execute, deliver and perform this Agreement and the
Supplemental Documents to which it is party.

          3.3  AUTHORIZATION; ENFORCEABILITY. OnRadio's board of directors has
approved the transactions contemplated by this Agreement and the Supplemental
Documents, and on or before the Initial Closing Date OnRadio will have taken or
caused to have been taken all action (including the obtaining of any approval of
shareholders required by law or by OnRadio's articles of incorporation or
bylaws) necessary for the authorization, execution, delivery and performance of
this Agreement and the Supplemental Documents. This Agreement has been duly
executed and

                                       9

<PAGE>

delivered by OnRadio. As of the Initial Closing Date, each of the Supplemental
Documents to which OnRadio is a party will have been duly executed and delivered
by OnRadio. Assuming the due authorization, execution and delivery by Global,
this Agreement constitutes a valid and binding obligation of OnRadio enforceable
against OnRadio in accordance with its terms except to the extent that
enforceability may be limited by bankruptcy, reorganization, insolvency or other
laws affecting the enforcement of creditors' rights generally or the
availability of equitable remedies subject to the discretion of the court. Upon
execution of the Supplemental Documents by Global and OnRadio, the Supplemental
Documents to which OnRadio is a party will be the valid and binding obligations
of OnRadio enforceable against OnRadio in accordance with their respective terms
except to the extent that enforceability may be limited by bankruptcy,
reorganization, insolvency or other laws affecting the enforcement of creditors'
rights generally or the availability of equitable remedies subject to the
discretion of the court.

          3.4  ABSENCE OF CERTAIN CONFLICTS. Neither the execution and delivery
of this Agreement and the Supplemental Documents to which OnRadio is a party,
nor the consummation of any of the transactions contemplated by this Agreement
and the Supplemental Documents, will (i) conflict with or result in a breach of
any provision of the Articles of Incorporation or Bylaws of OnRadio; (ii)
require the payment or the incurring of any obligation on the part of OnRadio,
or result in a loss of rights or default (or give rise to any right of
termination, cancellation or acceleration), with or without notice or lapse of
time, under any of the provisions of any Contract, except for such defaults (or
rights of termination, cancellation or acceleration) as to which requisite
waivers or consents have been obtained, which necessary waivers or consents are
listed on Schedule 3.4; (iii) require OnRadio to obtain any consent, approval,
authorization or permit of, or make any filing with or provide any notification
to, any Governmental Authority, except as listed on Schedule 3.4; or (iv) to the
Knowledge of OnRadio violate any judgment, decree, order, injunction, or any Law
applicable to the Contracts, or the Assets.

          3.5  FINANCIAL STATEMENTS. OnRadio has furnished to Global audited
financial statements of OnRadio for the fiscal year ending December 31, 1998,
and unaudited financial statements for the fiscal year ended 1999 and for the
three (3) month period ended March 30, 2000 (the "Financial Statements"). Such
financial statements and notes fairly present the financial condition and the
results of operations, changes in stockholders' equity, and cash flow of OnRadio
at the respective dates of and for the periods referred to in such financial
statements. The Financial Statements have been prepared in accordance with GAAP
and reflect the consistent application of such accounting principles throughout
the periods involved, except as disclosed in the notes to such financial
statements.

          3.6  ABSENCE OF UNDISCLOSED LIABILITIES. Except as set forth on
Schedule 3.6, to OnRadio's knowledge, OnRadio had no material liability of any
nature (matured or unmatured, fixed or contingent) that would materially and
adversely affect the Assets, other than provided for or disclosed in the
Financial Statements. To the best of OnRadio's knowledge, there are no
undisclosed liabilities with respect to the Assets.

          3.7  CONTRACTS AND CUSTOMERS. Schedule 2.1(a)(i) sets forth a full,
complete and accurate list of all Web Site Contracts and the radio station call
letters for the Customers who are parties thereto. Schedule 2.1(a)(i) also
includes Customer CUME numbers for each Web Site Contract Customer that are
based on third party sources identified in Schedule 2.1

                                      10

<PAGE>

(a)(i). Except where indicated as estimates, Schedule 2.1(a)(i) accurately
reflects the third party information used by OnRadio to prepare the Schedule.
Schedule 2.1(a)(ii) sets forth a full, complete and accurate list of all
Streaming Media Contracts and the radio station call letters for the Customers
who are parties thereto. Schedule 2.1(a)(ii) also includes Customer CUME numbers
for each Streaming Contract Customer that are based on third party sources
identified in Schedule 2.1 (a)(ii). Except where indicated as estimates,
Schedule 2.1(a)(ii) accurately reflects the third party information used by
OnRadio to prepare the Schedule. OnRadio has delivered to Global true and
complete copies of all the Contracts, together with all amendments. Except as
set forth in Schedule 3.7, (i) all of the Contracts are fully enforceable
according to their terms, (ii) neither OnRadio nor any other person is in breach
or violation of, or in default under, any of the Contracts, (iii) the execution
and delivery of this Agreement and the Supplemental Documents and the
consummation of the transactions contemplated by this Agreement and the
Supplemental Documents will not constitute a default or breach under any of the
Contracts, (iv) the execution and delivery of this Agreement and the
Supplemental Documents and the consummation of the transactions contemplated by
this Agreement and the Supplemental Documents will not give rise to any consent
requirement under any of the Contracts, (v) no party to any of the Contracts has
given OnRadio notice of its intention to cancel, terminate or fail to renew a
Contract or to otherwise cease doing business with OnRadio.

          3.8  LITIGATION; JUDGMENTS. Except as set forth in Schedule 3.8, there
are no claims, investigations, arbitrations, grievances, litigation, actions,
suits and proceedings, administrative or judicial, pending or, to OnRadio's
Knowledge, threatened regarding any of the Contracts, at law or in equity, or
before any Governmental Authority or arbitrator with respect to the rights and
obligations set forth in the Contracts that will, or that could reasonably be
expected to, have a materially adverse effect on the Contracts, nor, to
OnRadio's Knowledge, does there exist any basis therefor. Except as set forth in
Schedule 3.8, OnRadio is neither a party to nor subject to the provisions of any
order, writ, injunction, decree or judgment of any Governmental Authority or
arbitrator with respect to the rights and obligation set forth in the Contracts.

          3.9  BROKERS AND FINDERS. Except as set forth in Schedule 3.9, OnRadio
has not employed a broker in connection with the transactions contemplated by
this Agreement, nor is OnRadio liable for any brokerage fees, agents'
commissions or finders' fees.

          3.10 RISK FACTORS. OnRadio has been informed and fully understands
that there are significant risks associated with purchasing the Shares as set
forth in the Disclosure Documents and in the prospectus dated January 19, 2000
(a copy of which has been made available to OnRadio), which factors OnRadio has
considered carefully before executing this Agreement.

          3.11 FINANCIAL CONDITION. OnRadio certifies that it is an "accredited
investor", as that term is defined in Regulation D under the Securities Act.
OnRadio is capable of bearing the economic risk and the burden of an investment
in the Shares, including, but not limited to, the possibility of the complete
loss of the value thereof. OnRadio understands that there are substantial
restrictions on the transferability of the Shares which may make the liquidation
of the investment represented by the Shares impossible for the immediate future.

          3.12 DISCLOSURE. OnRadio has received copies of the Disclosure
Documents.

                                      11

<PAGE>

All documents requested by OnRadio have been made available for inspection and
copying and OnRadio has been supplied with all of the additional information
concerning the Shares and Global that OnRadio has requested.

          3.13 NO REGISTRATION. OnRadio acknowledges that the Shares are being
issued without being registered under the Securities Laws. The Shares are being
acquired by OnRadio for its own account, for investment (and not on behalf of,
or with a view toward distribution to, any other person) under exemptions from
the registration provisions of the Securities Laws. OnRadio acknowledges that it
must therefore hold the Shares indefinitely unless they are subsequently
registered under the Securities Laws or exemptions from such registration are
available, and that Global will place stop transfer instructions with respect to
the Shares. Except as otherwise provided in this Agreement or the Supplemental
Documents, Global is under no obligation (a) to register the Shares or take any
other action which would make an exemption from registration available, or (b)
to cause or permit the Shares to be transferred in the absence of such
registration or an opinion satisfactory to Global's counsel that an exemption is
available.

          3.14 EXCLUSIVE RELIANCE ON THIS AGREEMENT; NO ORAL REPRESENTATIONS. In
making the decision to acquire the Shares, OnRadio has relied exclusively upon
the information provided by this Agreement, the Disclosure Documents, and any
investigations made by OnRadio. OnRadio confirms that it is not relying upon any
oral representations or statements made by Global or by any other person in
acquiring the Shares in connection with this Agreement.

          3.15 RULE 144. OnRadio acknowledges that the Shares are restricted
securities, as defined in Rule 144 under the Securities Act, that the Shares may
not be resold in reliance on Rule 144 for at least one year after issuance, and
that once the Shares are eligible for resale under Rule 144, they will be
subject to certain resale restrictions contained in Rule 144, including volume
limitations and restrictions on the manner of resale, until they have been held
for two years as provided in Rule 144. If OnRadio is an affiliate of Global for
purposes of Rule 144, OnRadio understands that certain restrictions on resale
would continue to apply under Rule 144 for so long as OnRadio is an affiliate.

          3.16 LEGEND. OnRadio acknowledges that the certificates representing
the Shares will bear substantially the following legend until such legend can be
removed under applicable securities laws:

     THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES
     SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR THE SECURITIES LAWS OF
     ANY STATE AND WERE OFFERED AND SOLD IN RELIANCE ON EXEMPTIONS FROM THE
     REGISTRATION REQUIREMENT OF THE ACT AND SUCH LAWS. THESE SECURITIES HAVE
     NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION,
     ANY STATE SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY, NOR HAVE ANY
     OF THE FOREGOING AUTHORITIES PASSED UPON OR ENDORSED THE MERITS OF THESE
     SECURITIES. ANY REPRESENTATION TO THE CONTRARY IS UNLAWFUL. THESE
     SECURITIES CANNOT BE SOLD, TRANSFERRED OR OTHERWISE

                                       12

<PAGE>

     DISPOSED OF TO ANY PERSON OR ENTITY UNLESS SUBSEQUENTLY REGISTERED UNDER
     THE ACT, AND/OR THE LAWS OF CERTAIN STATES, OR UNLESS AN EXEMPTION FROM
     SUCH REGISTRATION IS AVAILABLE AND THE HOLDER HAS PROVIDED THE COMPANY WITH
     A LEGAL OPINION ACCEPTABLE TO THE COMPANY TO THAT EFFECT.

          3.17 RELATED CONTRACTS. All of the Related Contracts are in full force
and effect in accordance with their terms. The execution and delivery of this
Agreement and the Supplemental Documents and the consummation of the
transactions and performance of the obligations contemplated by this Agreement
and the Supplemental Documents will not constitute a default or breach under any
of the Related Contracts. The execution and delivery of this Agreement and the
Supplemental Documents and the consummation of the transactions and performance
of the obligations contemplated by this Agreement and the Supplemental Documents
will not give rise to any consent requirement under any of the Related
Contracts.

     SECTION 4. REPRESENTATIONS AND WARRANTIES OF PURCHASER. Global represents
and warrants to OnRadio that the following statements are true and correct:

          4.1  ORGANIZATION. Global is a corporation duly organized, validly
existing and in good standing under the laws of the State of Nevada. Global is
duly qualified or licensed as a foreign corporation and is in good standing in
each jurisdiction where the nature of its business or the ownership or use of
its property requires such qualification or license, or where the failure to so
qualify would not result in a material adverse effect on Global's business or
property.

          4.2  POWER AND AUTHORITY. Global has all requisite power and authority
to own, lease, possess and operate its property, and to transact its business as
presently conducted. Global has all requisite power and authority to enter into,
execute, deliver and perform this Agreement and the Supplemental Documents to
which it is party and to carry out the transactions contemplated hereby and
thereby.

          4.3  AUTHORIZATION; ENFORCEABILITY. The Board of Directors of Global
has duly approved, and on or prior to the Initial Closing Date Global will have
taken or caused to be taken all corporate action (including the obtaining of any
approval of shareholders required by law or by Global's articles of
incorporation or bylaws) necessary for, the execution, delivery and performance
of this Agreement by Global and the consummation of the transactions
contemplated hereby. This Agreement has been duly executed and delivered by
Global. This Agreement constitutes a valid and binding obligation of Global,
enforceable against Global in accordance with its terms, except to the extent
that enforceability may be limited by bankruptcy, reorganization, insolvency or
other laws affecting the enforcement of creditors' rights generally or the
availability of equitable remedies subject to the discretion of the court. Upon
execution of the Supplemental Documents, the Supplemental Documents to which
Global is a party will be the valid and binding obligations of Global
enforceable against Global in accordance with their respective terms, except to
the extent that enforceability may be limited by bankruptcy, reorganization,
insolvency or other laws affecting the enforcement of creditors' rights
generally or the availability of equitable remedies subject to the discretion of
the court. All corporate action on the part of Global, its officers, directors,
and shareholders necessary for the authorization, issuance, and delivery of the
Shares has been taken.

                                      13

<PAGE>

          4.4  ABSENCE OF CERTAIN CONFLICTS. Neither the execution and
delivery by Global of this Agreement or the Supplemental Documents to which
Global is a party nor the consummation of the transactions contemplated by
this Agreement and the Supplemental Documents will (i) conflict with or
result in a breach of any provision of the Articles of Incorporation or
Bylaws of Global, (ii) require Global to obtain any consent, approval,
authorization or permit of, or make any filing with or provide any
notification to, any Governmental Authority, (iii) conflict with or result in
a breach of any material contract, agreement, indenture or instrument to
which Global is a party or by which Global or its property is bound, or (iv)
to the knowledge of Global, violate any judgment, decree, order, injunction,
or any Law applicable to Global or its operations or property.

          4.5  DISCLOSURE. Global has delivered to OnRadio a copy of its
Annual Report on Form 10-K for the year ended July 31, 1999, as filed in the
SEC on November 1, 1999, and copy of its Quarterly Report for the quarter
ended January 31, 2000 as filed with the SEC on March 16, 2000 (the
"Disclosure Documents"). The information concerning Global set forth in the
Disclosure Documents was, as of the date thereof, complete and accurate in
all material respects and, to Global's knowledge, did not contain any untrue
statement of a material fact or omit to state a material fact required to
make the statements made, in light of the circumstances under which they were
made, not misleading. As of their respective dates, the Disclosure Documents
complied in all material respects with the requirements of the 1934 Act and
the rules and regulations of the SEC promulgated thereunder applicable to the
Disclosure Documents. Global shall provide to OnRadio any additional reports
filed with the SEC after the date of this Agreement but prior to the Initial
Closing Date. Since March 16, 2000, Global has filed all reports, schedules,
forms, statements and other documents required to be filed by it with the SEC
pursuant to the reporting requirements of the Securities Exchange Act of
1934, as amended (the "1934 Act"). As of their respective dates, the
financial statements of Global included in the Disclosure Documents complied
as to form in all material respects with applicable accounting requirements
and the published rules and regulations of the SEC with respect thereto. Such
financial statements have been prepared in accordance with generally accepted
accounting principles, consistently applied, during the periods involved
(except (i) as may be otherwise indicated in such financial statements or the
notes thereto, or (ii) in the case of unaudited interim statements, to the
extent they may exclude footnotes or may be condensed or summary statements)
and fairly present in all material respects the financial position of Global
as of the dates thereof and the results of its operations and cash flows for
the periods then ended (subject, in the case of unaudited statements, to
normal year-end audit adjustments).

          4.6  DUE ISSUANCE OF SHARES. The Shares, when issued and delivered
to OnRadio in accordance with the terms of this Agreement, will be duly and
validly authorized and issued, fully paid, and nonassessable. There are no
preemptive rights to acquire Common Stock of Global, other than certain
rights which have been, or prior to the Initial Closing will be, waived by
the holders thereof.

          4.7  BROKERS AND FINDERS. Except as set forth in Schedule 4.5,
Global has not employed a broker in connection with the transactions
contemplated by this Agreement, nor is Global liable for any brokerage fees,
agents' commissions or finders' fees.

          4.8  LITIGATION. Except as set forth in Schedule 4.8, there are no
claims,

                                      14

<PAGE>

investigations, arbitrations, grievances, litigation, actions, suits and
proceedings, administrative or judicial, pending or, to Global's knowledge,
threatened regarding Global or its properties, at law or in equity, or before
any Governmental Authority or arbitrator, nor to Global's knowledge, does
there exist any basis therefor. Except as set forth in Schedule 4.8, Global
is neither a party to nor subject to the provisions of any order, writ,
injunction, decree or judgment of any Governmental Authority or arbitrator
with respect to the transactions contemplated in this Agreement and the
Supplemental Documents.

          4.9  VALIDITY OF SHARES. The Shares, when issued, sold and
delivered in accordance with the terms and for the consideration expressed in
this Agreement, will be duly and validly issued (including, without
limitation, issued in compliance with applicable federal and state securities
laws), fully paid and non-assessable. The Shares are not subject to any
preemptive rights or rights of first refusal, except as otherwise so agreed
to by the holders thereof.

     SECTION 5. OPERATIONS AND COVENANTS

          5.1  ONRADIO'S AFFIRMATIVE COVENANTS. Between the date of this
Agreement and the Initial Closing Date, except as otherwise consented to in
writing by Global (which consent shall not unreasonably be withheld) or as
otherwise contemplated by this Agreement:

          (a)  OnRadio will perform under the Contracts in the ordinary course
          and consistent with past practices, and use its Best Efforts to
          preserve the Contracts and the OnRadio Terrestrial Radio Business;

          (b)  OnRadio will use its Best Efforts to maintain in good standing
          all Contracts, except as modifications may be required in the ordinary
          course of OnRadio's Terrestrial Radio Business, as consented to by
          Global in writing (which consent shall not be withheld unreasonably);
          and

          (c)  OnRadio will maintain its books, accounts and records with
          respect to the Contracts in the usual and regular manner, in
          accordance with GAAP and in compliance with all applicable Law.

With respect to each Streaming Media Contract, between the date of this
Agreement and the Intermediate Closing Date and/or Final Closing Date, as
applicable, at which such Streaming Media Contract is transferred and
assigned to Global, except as otherwise consented to in writing by Global
(which consent shall not unreasonably be withheld) or as otherwise
contemplated in this Agreement:

          (a)  OnRadio will perform under such Streaming Media Contract in the
          ordinary course and consistent with past practices and use its Best
          Efforts to preserve such Streaming Media Contract;

          (b)  OnRadio will use its Best Efforts to maintain in good standing
          such Streaming Media Contracts, except as modifications may be
          required in the ordinary course of OnRadio's Terrestrial Radio
          Business, as consented to by Global in writing (which consent shall
          not be withheld unreasonably); and

                                      15

<PAGE>

          (c)  OnRadio will maintain its books, accounts and records with
          respect to such Streaming Media Contract in the usual and regular
          manner, in accordance with GAAP and in compliance with all applicable
          Law.

          5.2  ONRADIO'S NEGATIVE COVENANTS. Between the date of this Agreement
and the Initial Closing Date, except as required or permitted under this
Agreement or as otherwise consented to in writing by Global:

          (a)  OnRadio will not take any action or omit to take any action that
          could reasonably be expected to render inaccurate any representation
          or warranty of either OnRadio contained in this Agreement (as if such
          representation or warranty was made on each date from the date of this
          Agreement to the Initial Closing Date);

          (b)  OnRadio will not sell, lease, pledge, hypothecate, mortgage,
          encumber, transfer, or otherwise dispose of, or agree to sell, lease,
          pledge, hypothecate, mortgage, encumber, transfer, license, or
          otherwise dispose of, any of the Assets.

          5.3  TRANSITION SERVICES AGREEMENT. At Initial Closing, OnRadio and
Global shall enter into a Transition Services Agreement ("Transition Agreement")
pursuant to which OnRadio shall provide certain transition services ("Transition
Services") during the periods specified therein. The form of the Transition
Agreement is attached to this Agreement as Exhibit 5.3.

          5.4  INVESTOR RIGHTS AGREEMENT. At Initial Closing, OnRadio and Global
shall enter into an Investor Rights Agreement ("Investor Rights Agreement")
pursuant to which Global shall provide OnRadio certain registration rights with
respect to the Shares acquired by OnRadio pursuant to this Agreement and OnRadio
shall agree to certain conditions set forth in that agreement. The form of the
Investor Rights Agreement is attached to this Agreement as Exhibit 5.4.

          5.5  SOFTWARE LICENSE. At Initial Closing, OnRadio and Global shall
enter into a Software License Agreement pursuant to which OnRadio shall grant
Global a royalty free license to OnRadio's proprietary Content Manager Software
for use by Global in connection with the provision of web site services for
Customer's web sites served by Global Media for a term of 2 (two) years
beginning on the Closing Date (the "Software License"). The form of the Software
License is attached to this Agreement as Exhibit 5.5.

          5.6  EQUIPMENT LEASE. At Initial Closing, OnRadio and Global shall
enter into an Equipment Lease Agreement pursuant to which OnRadio shall lease to
Global certain computer equipment identified therein and grant Global the right,
exercisable at the end of the term of such lease, to purchase certain the leased
equipment for the total sum of $1.00 (the "Equipment Lease"). The form of the
Equipment Lease is attached to this Agreement as Exhibit 5.6.

          5.7  ACCESS; CONFIDENTIALITY. Between the date of this Agreement and
the Initial Closing Date, OnRadio shall, during normal business hours and at
other times reasonably requested in advance by Global, cause its officers and
advisors to furnish Global with such

                                      16

<PAGE>

financial and operating data and other information with respect to the Assets
and OnRadio's Terrestrial Radio Business as Global may from time to time
reasonably request.

          5.8  CONSENTS AND APPROVALS. OnRadio will use its best efforts to
obtain, and to assist Global in obtaining, all consents, waivers, amendments,
modifications, approvals, authorizations by such party to effectuate this
Agreement and the Supplemental Documents and to transfer the Assets to Global.

          5.9  PUBLIC ANNOUNCEMENTS; NONDISCLOSURE OF AGREEMENT TERMS.
OnRadio and Global will consult before making any public statement with
respect to this Agreement and the transactions contemplated by this
Agreement. OnRadio shall provide Global with a copy of its customer
notification letter for review and approval prior to distributing the letter
to its Customers. Neither party will make any public statement without the
prior consent of the other except as may be required by Law, in which case
the disclosing party shall advise the other prior to making the disclosure.
Each party covenants to the other that it shall not disclose to any third
party (other than its attorneys, accountants, or employees, in their capacity
as such, and the employees of any parent, affiliated or controlling person or
entity on a need to know basis so long as they are bound by the terms of this
covenant) any information regarding the terms or provisions of this Agreement
except (a) to the extent necessary to comply with law, rule or regulation or
the valid order of a court of competent jurisdiction (or any regulatory or
administrative tribunal), in which event the party so complying shall so
notify the other as promptly as practicable (and, if possible, prior to
making any disclosure) and shall seek confidential treatment of such
information, if available, (b) as part of its normal reporting or review
procedure to its auditors or its attorneys, as the case may be, so long as
they are notified of the provisions of this covenant, (c) in order to enforce
its rights pursuant to this Agreement, (d) in connection with any filing with
the SEC, the FCC, or any other governmental body, including any and all such
filings as may be publicly available, provided that the disclosing party
shall seek confidential treatment of such terms and provisions of this
Agreement as which could reasonably be expected to be accorded confidential
treatment by such entity, (e) in a confidential disclosure made in connection
with a contemplated merger, consolidation or sale of capital stock of OnRadio
or Global or the sale of substantially all of the stock of OnRadio or Global
or the sale of substantially all of the assets of OnRadio or Global, (f) in
any confidential disclosure made in connection with any transaction in which
OnRadio or Global is seeking to obtain financing or raise capital, other than
in the public markets, including without limitation disclosures to such
party's potential investors, lenders, investment bankers, ratings agencies
and their respective employees, attorneys, auditors, and other authorized
representatives, so long as they are notified of the provisions of this
covenant (it being understood that notification to such third party shall be
deemed to constitute notice to such third party's employees, attorneys,
auditors and other authorized representatives), (g) in any prospectus or
similar document publicly disseminated to potential investors upon receipt of
advice of counsel that disclosures regarding this Agreement are necessary in
order to avoid such prospectus being deemed misleading or having omitted to
disclose a material fact, (h) to representatives of Katz Communications,
Inc., or any of its parent or affiliated companies ("Katz"), so long as such
representative of Katz agrees to be bound by the terms of this covenant, (i)
in a joint press release to be approved by both parties upon consummation of
this Agreement, including references to the press release on the web sites of
Global and OnRadio, and (j) to the limited extent that the parties hereafter
mutually agree in a writing signed by authorized representatives

                                      17

<PAGE>

of both parties.

          5.10 SUPPLEMENTS TO DISCLOSURE SCHEDULE. From time to time prior to
the Initial Closing Date, OnRadio shall promptly supplement or amend the
Disclosure Schedules of OnRadio with respect to any matter arising after the
date of this Agreement.

          5.11 COVENANT TO SATISFY CONDITIONS. Global and OnRadio will use
their collective best efforts to cause the conditions set forth in Section 6
to be satisfied, insofar as such matters are reasonably within their
respective control.

          5.12 NO SOLICITATIONS OR OFFERS. Between the date of this Agreement
and the Final Closing Date, OnRadio shall not, and shall not allow OnRadio's
representatives to, offer, entertain, negotiate for, or discuss any solicited
or unsolicited inquiries or proposals for the possible disposition of the
Assets by way of sale, merger, consolidation, liquidation, or otherwise

          5.13 NON-COMPETITION. OnRadio agrees, for a period of two years
after the Initial Closing Date, not to compete directly with Global by
directly soliciting the provision of e-commerce solutions targeted
specifically to terrestrial radio station web sites, or by solicitation of
terrestrial radio station signal streaming media services to terrestrial
radio stations in North America. As a condition to the Initial Closing, each
of OnRadio's key management employees listed on Schedule 5.13 ("Key
Employees") shall have entered into a non-competition agreement with Global
in the form attached as Exhibit 5.13 (the "Employee Non-competition
Agreement").

          5.14 NONSOLICITATION. Global agrees that if the Initial Closing
does not occur for any reason, it will not directly solicit (or attempt to
directly solicit) any Customers identified on Schedule 2.1 (a) to become a
network associate in the GlobalMedia Network or for the provision of
e-commerce or streaming media services during the period starting on the
receipt of such Schedule and ending May 30, 2001. Notwithstanding the
foregoing, Global shall be permitted to solicit any multi-property
broadcasting company, such as Clear Channel Communications, Jacor, Infinity
and others, that own and operate multiple radio and/or television stations,
for the provision of e-commerce and/or streaming media services to such
company's radio or television stations even if an OnRadio Affiliate is owned
by such company. However, the foregoing non-solicitation covenant will not
apply to any of the companies or stations listed on a schedule of up to 42
stations that has previously been provided by Global to OnRadio which
identifies companies or stations to whom Global has marketed its own
e-commerce and streaming media solutions, prior to receipt of the Customer
List.

          5.15 POTENTIAL STRATEGIC RELATIONSHIP. It is OnRadio and Global's
desire to enter into a broader strategic alliance whereby OnRadio becomes a
value added reseller of Global products and services, and Global becomes a
value added reseller of OnRadio products and services. The intention of the
Parties is that under the terms of such agreement, OnRadio and Global will
promote each other's products and services to their prospective clients
requiring products and/or services that can be fulfilled by the partner's
offerings. Upon Initial Closing, Global and OnRadio shall begin good-faith
negotiations regarding, and upon mutual agreement, shall enter into such an
agreement.

                                      18

<PAGE>

     SECTION 6. CONDITIONS TO THE CLOSING

          6.1  CONDITIONS TO OBLIGATIONS OF GLOBAL AND ONRADIO. The
respective obligations of each party to consummate the transactions
contemplated by this Agreement shall be subject to the satisfaction or waiver
in writing, on or before the applicable Closing Date, of the conditions that
(i) neither of OnRadio nor Global shall be subject to any order, decree, or
injunction of a court of competent jurisdiction or other Governmental
Authority that would affect this Agreement, the Supplemental Documents or the
transactions governed hereby; (ii) no Law shall be enacted or issued which
prevents or significantly delays any of the transactions to be consummated at
the applicable Closing Dates, or would impose any limitation on the ability
of Global to effectively exercise full rights of ownership of the Assets.

          6.2  CONDITIONS TO OBLIGATIONS OF ONRADIO WITH RESPECT TO THE
INITIAL CLOSING. The obligation of OnRadio to consummate the transactions
contemplated in 2.1 (a) of this Agreement shall be subject to the
satisfaction or waiver in writing, on or before the Initial Closing Date, of
the following conditions:

          (a)  On the Initial Closing Date, the representations and warranties
          of Global set forth in Section 4 shall be accurate in all material
          respects with the same effect as if made on the Initial Closing Date.

          (b)  Global shall have performed all obligations and complied in all
          material respects with all covenants required to be performed or to be
          complied with by it under this Agreement on or prior to the Initial
          Closing Date.

          (c)  At the Initial Closing, Global shall have executed and delivered
          the Supplemental Documents to which it is a party or for which it is
          responsible.

          (d)  Global shall have obtained the consent or approval of all
          Governmental Authorities and other Persons whose consent or approval
          is required for the consummation by Global of the transactions
          contemplated by this Agreement and the Supplemental Documents.

          6.3  WAIVER OF CONDITIONS BY ONRADIO. OnRadio may waive any
condition set forth in this Section. Except as otherwise provided herein, the
result of any such waiver by OnRadio of any condition precedent to OnRadio's
obligations shall be (a) the elimination of the waived condition as a valid
basis for OnRadio to refuse to close the transactions contemplated by this
Agreement, and (b) the release of Global from any claim by OnRadio for
resulting injuries and damages with respect to the waiver of that condition.
Any waivers made under this Section shall not be effective unless in writing.

          6.4  CONDITIONS TO OBLIGATIONS OF GLOBAL WITH RESPECT TO INITIAL
CLOSING. The obligation of Global to consummate the transactions contemplated
in Section 2.1 (a) of this Agreement is subject to the satisfaction or waiver
in writing, on or before the Initial Closing Date, of the following
conditions:

          (a)  On the Initial Closing Date, the representations and warranties
          of OnRadio set forth in Section 3 shall be accurate in all material
          respects with the same effect as

                                      19

<PAGE>

          if made on the Initial Closing Date.

          (b)  OnRadio shall have performed all obligations and complied in all
          material respects with all covenants required to be performed or to be
          complied with by them prior to the Initial Closing Date under this
          Agreement.

          (c)  OnRadio shall have obtained the consent or approval of all
          Governmental Authorities and other Persons whose consent or approval
          is required for the consummation by OnRadio of the transactions
          contemplated by this Agreement and the Supplemental Documents.

          (d)  OnRadio shall have executed and delivered to Global all
          Supplemental Documents to which it is a party or for which it is
          responsible.

          6.5  WAIVER OF CONDITIONS BY GLOBAL. Global may waive any condition
set forth in this Section. Except as otherwise provided herein, the result of
any waiver of any condition precedent to the obligation of Global shall be
(a) the elimination of the waived condition as a valid basis for Global to
refuse to close the transactions contemplated by this Agreement, and (b) the
release of OnRadio from any claim by Global for resulting injuries and
damages with respect to the waiver of that condition. Any waivers made under
this Section shall not be effective unless in writing.

          6.6  CONDITIONS TO OBLIGATIONS OF GLOBAL WITH RESPECT TO THE FINAL
CLOSING. The obligation of Global to purchase any Streaming Media Assets not
previously purchased in the Intermediate Closing(s) pursuant to Section 7.4
below, and to pay OnRadio the related consideration, shall be subject to the
satisfaction of the earliest to occur of either of the following conditions:

               (a)  Global shall have received written consent or assurance from
     RealNetworks that the provision of streaming media services to Customers to
     be acquired by Global under this Agreement using streaming media formats
     and services of third parties other than Real will not be deemed a
     violation of exclusivity covenants in certain agreements between Global and
     RealNetworks; or

               (b)  One hundred and twenty (120) calendar days have passed since
     the Initial Closing Date.

In connection with the alternative condition described in subclause (a)
above, Global agrees to continue using its Best Efforts to obtain such
consent or assurance as soon as reasonably practicable. Global shall provide
OnRadio with written notice of the occurrence of condition 6.6 (a) within one
(1) business day of its occurrence.

     SECTION 7. CLOSINGS

          7.1  INITIAL CLOSING. Subject to the provisions of Section 6, the
closing of the transactions contemplated by section 2.1(a) of this Agreement
(the "Initial Closing") will take place on June 6, 2000 (the "Initial Closing
Date"), or at such other time as may be mutually agreed upon in writing by
OnRadio and Global. The parties agree that time is of the essence with

                                     20

<PAGE>

respect to the Closing Date.

          7.2  INITIAL CLOSING DELIVERIES BY ONRADIO. At the Initial Closing,
OnRadio shall deliver or cause to be delivered to Global:

          (a)  An executed original Transition Agreement;

          (b)  An executed original Investor Rights Agreement;

          (c)  An executed original Software License;

          (d)  An executed original Equipment Lease;

          (e)  Executed originals of the Employee Non-Competition Agreements
          signed by each of the Key Employees;

          (f)  Such other instruments and documents as Global may reasonably
          require to vest in Global all right, title and interest of OnRadio in
          and to the Web Site Contracts;

          (g)  Copies of the resolutions of the Board of Directors of OnRadio
          authorizing the execution, delivery and performance of this Agreement
          and the Supplemental Documents to which OnRadio is a party, certified
          as of the Initial Closing Date by the Secretary of OnRadio;

          (h)  A certificate, executed by the Chief Executive Officer and Chief
          Financial Officer of OnRadio, certifying that the conditions set forth
          in Section 6.4(a) and (b) have been met; and

          (i)  All other documents required by this Agreement to be delivered at
          Initial Closing by OnRadio.

          7.3  INITIAL CLOSING DELIVERIES BY GLOBAL. At the Initial Closing,
Global shall deliver or cause to be delivered to OnRadio or the Escrow Agent as
specified below:

          (a)  to the Escrow Agent, instructions directing the Escrow Agent to
          disburse the Escrow Funds by electronic wire transfer to an account
          designated by OnRadio in payment of the cash portion of the Purchase
          Price;

          (b)  to OnRadio, a copy of Global's irrevocable transfer instructions
          to Pacific Stock Transfer Company, Global's transfer agent ("Transfer
          Agent"), in the form attached as Exhibit 7.3(c), instructing the
          Transfer Agent to (i) issue and deliver to OnRadio a certificate
          evidencing the number of Shares due under Section 2.3(a)(ii), (ii)
          issue and deliver to the Escrow Agent a certificate evidencing the
          number of Shares determined by dividing $3,750,000 by the Closing
          Share Price, and (iii) issue and deliver to the Escrow Agent a
          certificate evidencing the Holdback Shares ("Transfer Agent
          Instructions"), which Transfer Agent Instructions shall have been
          countersigned by the Transfer Agent;

                                      21

<PAGE>

          (c)  to OnRadio, an executed original Transition Agreement;

          (d)  to OnRadio, an executed original Investor Rights Agreement;

          (e)  to OnRadio, an executed original Software License;

          (f)  to OnRadio, an executed original of the Equipment Lease;

          (g)  to OnRadio, copies of the resolutions of the Board of Directors
          of Global authorizing the execution, delivery and performance of this
          Agreement and the Supplemental Documents to which Global is a party,
          certified as of the Initial Closing Date by the Secretary of Global;

          (h)  to OnRadio, a certificate, executed by the Chairman of the Board,
          Chief Executive Officer or President and Chief Financial Officer of
          Global, certifying that the conditions set forth in Section 6.2(a) and
          (b) have been met; and

          (i)  to OnRadio, all other documents required by the provisions of
          this Agreement to be delivered at Initial Closing by Global.

          7.4  INTERMEDIATE CLOSING(S). Within five business days (each, an
"Intermediate Closing Date") after the end of each month commencing June 2000
through and including August 2000 (each, an "Intermediate Closing Cutoff
Date"), an intermediate closing ("Intermediate Closing") shall be held;
provided that the Final Closing has not already occurred prior thereto. At
least one business day prior to an Intermediate Closing Date, Global shall
notify OnRadio in writing of the names (identified by call letters) of each
Streaming Media Contract Customer for which the Streaming Customer Transition
Process has been completed and provide OnRadio a copy of Intermediate Closing
transfer instructions in the form attached as Exhibit A to the Transfer Agent
Instructions filled in to appropriately reflect the number of Shares to be
released to OnRadio out of escrow in consideration for the Streaming Media
Assets to be assigned to Global in such Intermediate Closing. The number of
Shares to be released to OnRadio in connection with each Intermediate Closing
(the "Intermediate Closing Shares") shall be the sum of the number of Shares
indicated in Schedule 2.1(a)(ii) for the Streaming Media Contract Customers
for which the Streaming Customer Transition Process has been completed as of
the related Intermediate Closing Cutoff Date. At each Intermediate Closing,
(i) OnRadio shall take such actions as are necessary to transfer and assign
to Global the Streaming Media Assets relating to each Streaming Media
Contract Customer for which the Streaming Customer Transition Process has
been completed on or before the related Intermediate Closing Cutoff, and (ii)
Global shall deliver to the Escrow Agent duly executed Intermediate Closing
transfer instructions appropriately completed by Global.

          7.5  FINAL CLOSING. Unless the transfer and assignment of all of the
Streaming Media Assets has been previously consummated pursuant to Section 7.4
above, and subject to the provisions of Section 6, the closing of the transfer
and assignment of any remaining Streaming Media Assets (the "Final Closing")
will take place within three (3) business days of the occurrence of the first to
occur of the conditions set forth in Section 6.7 ("Final Closing Date"). At the
Final Closing, (i) OnRadio shall take such actions as are necessary to transfer
and

                                      22

<PAGE>

assign to Global any Streaming Media Assets which have not been previously
transferred and assigned to Global in Intermediate Closing(s) under Section 7.4,
and (ii) Global shall deliver to the Escrow Agent duly executed instructions
directing the Escrow Agent to disburse the Final Closing Shares to OnRadio. The
parties agree that time is of the essence with respect to the Final Closing
Date.

     SECTION 8. INDEMNIFICATION

          8.1  SURVIVAL OF REPRESENTATIONS AND WARRANTIES. All
representations and warranties contained in this Agreement or made pursuant
hereto, whether express or implied, shall survive the Closing and shall
terminate fifteen (15) months after the Initial Closing Date and thereafter
shall be of no force or effect, except for any claim with respect to which
notice has been given to the party to be charged prior to such expiration
date.

          8.2  INDEMNIFICATION BY ONRADIO. Subject to the Initial Closing
having occurred and to the provisions of this Section 8. OnRadio shall
protect, defend, indemnify, and hold Global, its successors and assigns, and
their respective officers, directors, shareholders and employees (each, a
"Global Indemnitee") harmless from and against any Loss asserted against or
suffered or incurred by a Global Indemnitee that directly or indirectly
arises or results from or relates to: (a) the untruthfulness, inaccuracy or
breach of any of the representations or warranties of OnRadio contained in
this Agreement and/or in any of the Supplemental Documents (an "OnRadio
Misrepresentation") and (b) any breach by OnRadio of any covenants or
agreements made by OnRadio in this Agreement or in any of the Supplemental
Documents.

          8.3  INDEMNIFICATION BY GLOBAL. Subject to the Closing having
occurred and to the provisions of this Section 8, Global shall protect,
defend, indemnify, and hold OnRadio, its successors and assigns, and their
respective officers, directors, shareholders and employees (each, a "OnRadio
Indemnitee") harmless from and against any Loss asserted against or suffered
or incurred by an OnRadio Indemnitee that directly or indirectly results or
arises from or relates to the following: (a) the untruthfulness, inaccuracy
or breach of any of the representations or warranties of Global contained in
this Agreement and/or in any of the Supplemental Documents ("Global
Misrepresentation); (b) any breach by Global of any covenants or agreements
made by Global in this Agreement or in any of the Supplemental Documents; and
(c) the assertion against an OnRadio Indemnitee of any liability which is an
Assumed Liability, provided, however, that Global shall have no liability
hereunder for any Loss asserted against an OnRadio Indemnitee by a third
party that arises out of an Assumed Liability where the claim arises directly
or indirectly from any act or omission by OnRadio that constitutes a breach
of its obligations under the Transition Agreement or any other Supplemental
Document to which OnRadio is a party. Global shall not be relieved of
liability where the breach results from Global's failure to pay the third
party vendor fees in advance as set forth in Schedule C of the Transition
Agreement.

          8.4  CLAIMS PROCEDURE. The obligations of a party from whom
indemnification is sought under this Section shall be subject to the
following terms and conditions:

          (a)  The party or parties seeking indemnification (the "Indemnitee")
          shall promptly notify the party or parties from whom indemnification
          is sought (the

                                      23

<PAGE>

          "Indemnifying Party") in writing of the existence and nature of such
          Claim. Each such notice shall be accompanied by copies of all relevant
          documentation, including but not limited to any summons, complaint or
          other pleading which may have been served or written demand or other
          instrument. No failure or delay by the Indemnitee in the performance
          of the foregoing shall reduce or otherwise affect the obligation of
          the Indemnifying Party to indemnify and hold the Indemnitee harmless,
          except to the extent the Indemnitee's failure to give or delay in
          giving the required notice materially impairs the Indemnifying Party's
          ability to perform its obligation to indemnify or defend or to
          mitigate its damages in which case the Indemnifying Party shall have
          no obligation to indemnify the Indemnitee to the extent of Loss, if
          any, caused by such failure to give or delay in giving the required
          notice.

          (b)  If the Claim is by a third Person, the Indemnitee shall give the
          Indemnifying Party a reasonable opportunity to defend the same or
          prosecute such action to conclusion or settlement satisfactory to the
          Indemnifying Party at its sole cost and expense and with counsel of
          its own selection (who shall be approved by the Indemnitee, which
          approval shall not unreasonably be withheld) and the Indemnifying
          Party shall pay any resulting settlements, judgments or decrees,
          provided, however, that the Indemnitee shall at all times also have
          the right fully to participate in the defense at Indemnitee's sole
          cost and expense so long as such participation occurs without
          hindering or impairing the defense of the Indemnifying Party.

          (c)  If the Indemnifying Party shall, within fifteen (15) Business
          Days after said notice, fail to defend, the Indemnitee shall have the
          right, but not the obligation, and without waiving any rights against
          the Indemnifying Party, to undertake the defense of, and, in its sole
          discretion, to compromise or settle the Claim on behalf, for the
          account, and at the risk and expense, of the Indemnifying Party and
          shall be entitled to collect the amount of any settlement or judgment
          or decree and all costs and expenses (including, without limitation,
          reasonable attorneys' fees) in connection therewith, and including
          costs and fees on appeal or review, if any. Except as provided in the
          preceding sentence, the Indemnitee shall not compromise or settle the
          Claim without the written consent of the Indemnifying Party, which
          shall not unreasonably be withheld.

          (d)  If the Claim is one that cannot by its nature be defended solely
          by the Indemnifying Party, the Indemnitee shall make available all
          information and assistance that the Indemnifying Party may reasonably
          request, provided, however, that any associated out-of-pocket expenses
          shall be paid by the Indemnifying Party.

          8.5  INSURED LOSSES. Notwithstanding any other term or provision of
this Section, neither party shall be required to indemnify the other party for a
Loss to the extent that such Loss has been reimbursed by the Indemnified Party's
receipt of insurance proceeds. In the event that insurance does not cover the
full amount of the Loss, the Indemnifying Party shall remain liable for the
difference between the insurance payment as described above and the

                                      24

<PAGE>

amount of the Loss.

          8.6  IDEMNIFICATION THRESHOLD AND CAP. Notwithstanding anything to
the contrary herein, except for the payment of the consideration due under
this Agreement, in no event shall either Party be liable to any other party
under any warranty, representation, indemnity or covenant made by such party
in this Agreement or the Supplemental Documents until the aggregate amount of
Damages thereunder against such party exceeds one hundred thousand dollars
($100,000), at which point such party shall be liable for the full amount of
liability for such claims below and above the threshold. Except for the
payment of the consideration due under this Agreement, in no event shall
either Party's liability under this Agreement and the Supplemental Documents
exceed (i) $2,250,000 after the Initial Closing but before the Final Closing;
and (ii) $3,750,000 after the Final Closing and in the event that Global
retains and cancels the Holdback Shares pursuant to Section 2.7, OnRadio's
liability under this Section 8 shall not exceed $1.5 million. The caps set
forth in this Section 8.6 shall not apply to judgments or settlements for
Fraud claims or for third party claims asserted against either party which
arise directly or indirectly our of any breach of representation or warranty
or any breach of any covenant or obligation under this Agreement or the
Supplemental Documents.

          8.7  LIMITATION OF REMEDY. The indemnification provisions of this
Section 8 shall be each Party's sole remedy for Loss arising out of this
Agreement or any of the Supplemental Documents, except that either party
shall have the right to seek and obtain injunctive relief for any breach or
threatened breach of any obligation arising this Agreement or any of the
Supplemental Documents.

     SECTION 9. MISCELLANEOUS.

          9.1  AMENDMENTS AND WAIVERS. The provisions of this Agreement may
be amended only by the written agreement of all of the parties hereto. Any
waiver, permit, consent or approval of any kind or character on the part of
any party of any provisions or conditions of this Agreement must be made in
writing and shall be effective only to the extent specifically set forth in
such writing.

          9.2  SUCCESSORS AND ASSIGNS. Neither this Agreement nor any of the
rights, interests or obligations hereunder shall be assigned by any of the
parties hereto without the prior written consent of the other parties hereto,
which consent shall not be unreasonably withheld or delayed, and any
purported assignment or delegation of this Agreement without such consent
shall be null and void. This Agreement is binding upon and inures to the
benefit of the parties hereto and their respective successors, heirs,
executors and permitted assigns. Nothing expressed or referred to in this
Agreement will be construed to give any Person other than the parties to this
Agreement any legal or equitable right, remedy, or claim under or with
respect to this Agreement or any provision of this Agreement. This Agreement
and all of its provisions and conditions are for the sole and exclusive
benefit of the parties to this Agreement and their successors and assigns.

          9.3  TERMINATION. This Agreement may be terminated at any time
prior to the Initial Closing:

                                      25

<PAGE>

          (a)  by the written agreement of both OnRadio and Global;

          (b)  upon written notice by Global to OnRadio if there has been a
          material violation or breach by OnRadio of any covenant, agreement,
          representation or warranty contained in this Agreement;

          (c)  upon written notice by OnRadio to Global if there has been a
          material violation or breach by Global of any covenant, agreement,
          representation or warranty contained in this Agreement;

          (d)  upon written notice by either party to the other party, in the
          event that any condition to such party's obligations to close the
          transactions contemplated hereby as set forth in Section 6 of this
          Agreement has not been met on or prior to the Initial Closing Date;

          (e)  upon written notice by Global to OnRadio if it elects to
          terminate this Agreement other than as provided in paragraphs (a),
          (b), and (d) above; provided, that in such event OnRadio shall be
          entitled to retain the Breakup Shares.

          (f)  upon written notice by OnRadio to Global if it elects to
          terminate this Agreement other than as provided in paragraphs (a),
          (c), or (d) above, if such notice is accompanied by the original
          certificate evidencing the Breakup Shares (together with the related
          assignment separate from certificate).

The Parties acknowledge and agree that if the Agreement is terminated for any
reason, the Escrow Funds shall be returned to Global.

          9.4  SEVERABILITY. Whenever possible, each provision of this
Agreement will be interpreted in such manner as to be effective and valid
under applicable law. If any provision of this Agreement is held to be
prohibited by or invalid under applicable law, such provision will be
ineffective only to the extent of such prohibition or invalidity, without
invalidating the remainder of this Agreement.

          9.5  DESCRIPTIVE HEADINGS. The descriptive headings of this
Agreement are inserted for convenience of reference only and do not
constitute a part of this Agreement.

          9.6  NOTICES. Any notices, requests, demands or other
communications required or permitted to be sent hereunder or under any
Supplemental Document shall be delivered personally, sent by facsimile
transmission, sent by overnight or international courier or mailed by
registered or certified mail, return receipt requested, to the following
addresses, and shall be deemed to have been received on the day of personal
delivery or the day sent by facsimile transmission (provided there has been
confirmation of receipt by the recipient's facsimile machine), one (1)
Business Day after deposit with an overnight domestic courier, two Business
Days after deposit with an international courier, or three (3) Business Days
after deposit in the mail:

                                      26

<PAGE>

          If to Global, to:         Global Media Corp.
                                    400 Robson Street
                                    Vancouver, BC V6B 2B4
                                    CANADA
                                    Facsimile: 604-688-2987
                                    Attention: Chief Executive Officer

          with a copy to:           Davis Wright Tremaine LLP
                                    Suite 2600, 1501 Fourth Avenue
                                    Seattle, Washington 98101
                                    Facsimile: (206) 628-7699
                                    Attention: Eric A. DeJong, Esq.

          If to OnRadio, to:        OnRadio Inc.
                                    1500 Green Hills Road
                                    Scotts Valley, CA 95066
                                    Facsimile: (831) 440-0388
                                    Attention: President

          9.7  GOVERNING LAW. The validity, meaning and effect of this Agreement
shall be determined in accordance with the laws of the State of California
applicable to contracts made and to be performed in that state, without
reference to the choice of law provisions thereof.

          9.8  EXECUTION IN COUNTERPARTS. This Agreement may be executed in any
number of counterparts, each of which when so executed and delivered shall be
deemed an original, and such counterparts together shall constitute one
instrument.

          9.9  PARTIES IN INTEREST. Nothing in this Agreement, whether express
or implied, is intended to confer any rights or remedies under or by any reason
of this Agreement on any Persons other than the parties to it and their
respective permitted successors and assigns. Nothing in this Agreement is
intended to relieve or discharge the obligation or liability of any third
Persons to any party to this Agreement, nor shall any provision give any third
Persons any right of subrogation or action over against any party to this
Agreement.

          9.10 EXPENSES; ATTORNEY'S FEES. Whether or not the transactions
contemplated by this Agreement are consummated, and except as otherwise
expressly provided in this Agreement, each of the parties hereto will pay its
own expenses incurred by it or on its behalf in connection with this Agreement
or any transactions contemplated by this Agreement. Notwithstanding the
foregoing, in any legal action or other proceeding (including any arbitration
proceeding) brought to enforce or interpret the terms of this Agreement or any
Related Document, the prevailing party or parties shall be entitled to
reasonable attorney's fees and other costs and expenses incurred in that
proceeding and in any subsequent appeals, in addition to any other relief to
which it is entitled.

                                      27

<PAGE>

          9.11 ENTIRE AGREEMENT. Except for the Confidentiality, Non-Disclosure
Agreements, and the Escrow Agreement, this Agreement supersedes all prior
agreements and understandings, oral or written between the parties with respect
to its subject matter (including the Letter of Intent between Buyer and Sellers
dated November 24, 1999, the Amended Letter of Intent dated February 7, 1999 and
the Amended Letter of Intent dated May 5, 2000) and constitutes, along with the
Schedules, the Supplemental Documents, and the other exhibits, certificates and
documents expressly referred to herein or therein which form a part hereof or
thereof, the entire agreement of the parties concerning the matters referred to
herein and therein.

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement to be
effective as of the date provided herein.

                                      ONRADIO.COM
                                       a California corporation

                                      By:  /s/ Timothy Herr
                                         -------------------------------------
                                      Its: President
                                          ------------------------------------

                                      GLOBALMEDIA.COM
                                       a Nevada corporation

                                      By:  /s/ L. James Porter
                                         -------------------------------------
                                      Its: Chief Financial Officer
                                          ------------------------------------

                                      28

<PAGE>

                                             Schedule 2.1 (a)(1)
                                             Web Site Contracts

<TABLE>
<CAPTION>

 CALL                           PRO-      MSA       CUME                                      FORM E COM
LETTERS  MARKET CITY      REC # DUCT    CUME(1)    BOOK(2) SIGN DATE  TERM   LIVE  EXPIRY(3)  TYPE   CODE              URL
---------------------------------------------------------------------------------------------------------------------------------
<S>      <C>              <C>   <C>  <C>           <C>     <C>        <C>  <C>     <C>        <C>  <C>    <C>
KBAY-FM  San Jose             2  RC     130,000    Fall 99  7/16/97    12 7/18/97   7/18/00   A          http://www.kbay.com
KGON-FM  Portland            26  RC     242,500    Fall 99  10/4/96    12 10/22/96 10/22/99   I          http://www.kgon.com
KKBB-FM  Bakersfield         39  RC      46,700    Fall 99   3/2/98    12  1/7/97    1/7/00   K          http://www.brock99.com
KLBJ-FM  Austin              43  RC     133,800    Fall 99   9/1/96    24  9/5/96    9/6/00   L          http://www.lbj.com/fm
KOOS-FM  North Bend          64  RC      10,000    Fall 99  2/18/98    24 1/21/98   2/18/00   K          http://www.bbc-radio.com/
KSFO-FM  San Francisco       82  RC     320,000    Fall 99  5/27/98    12  6/1/97    6/1/00   N    ACT   http://www.ksfo560.com
KXKC-FM  Lafayette           98  RC      87,900    Fall 99  5/12/98    24  6/1/98    6/1/00   K          http://www.kxkc.com
WCVS-FM  Springfield        119  RC      20,500 Spr-Sum 99  1/12/00    12 12/17/96 12/17/99   I          http://www.fgi.net/wcvs
WFMB-FM  Springfield        128  RC      27,300 Spr-Sum 99  12/6/96    12 3/13/97   3/13/00   I          http://www.wfmb.com
WGRD-FM  Grand Rapids       134  RC      87,000    Fall 99  2/25/97    12  3/4/97    3/7/00   I          http://www.wgrd.com
WHTT-FM  Buffalo            137  RC     178,200    Fall 99  1/13/97    12 5/20/97   5/20/00   I          http://www.whtt.com
WKKY-FM  Geneva             155  RC      10,000    Fall 99   3/5/98    12  2/4/97    2/4/00   K          http://www.wkky.com
WNNR-FM  Rochester          176  RC      15,300    Fall 99  6/10/97    12 6/13/97   6/13/00   A          http://www.wnnr.com
WYCL-FM  Pensacola          230  RC       4,700    Fall 99  6/27/97    12  7/7/97 7/7/2000-              http://www.cool107.com
                                                                                nonrenew
WXLP     Quad Cities        242  RC      52,600    Fall 99  3/13/98    24 3/16/98   3/16/00   K          http://www.97x.com
KSAN-FM  San Francisco      270  RC     269,600 Spr-Sum 99 11/11/99    15 11/12/99  2/12/01   D          www.ksan.com
WXNR-FM  Greenville         271  RC      80,900    Fall 99  6/15/98    24 8/12/98   8/12/00   G          http://www.wxnr.com
KKLV-FM  Honolulu            33  RCT     63,700    Fall 99  2/25/98    24 3/31/97   3/31/01   K
KIOT-FM  Albuquerque         34  RCT     55,600    Fall 99  9/10/98    12 2/22/99   2/22/00   K          http://www.arrow1025.com
KJR-AM   Seattle             38  RCT    144,600 Spr-Sum 99  8/12/98    12 9/13/98   9/13/99   K          http://www.sportsradio950
                                                                                                         .com
KJR-FM   Seattle             38  RCT    273,800    Fall 99  8/12/98    12 9/13/98   9/13/99   K          http://www.kjrfm.com
KUBE-FM  Seattle             38  RCT    474,800    Fall 99  8/12/98    12 9/13/98   9/13/99   K          http://www.kube93.com
KNCN-FM  Corpus Christi      58  RCT     49,600    Fall 99  5/15/98    24  8/1/97    8/1/00   K          http://www.c101.com
KOLM-AM  Rochester           63  RCT     12,000    Fall 99  2/24/98    24 11/7/97   11/7/01   K          http://www.ocbradio.com
KRZR-FM  Fresno              81  RCT     76,100    Fall 99   3/5/98    24  6/3/98    6/3/00   K          http://www.krzr.com
KZKL-FM  Albuquerque        101  RCT     40,200    Fall 99  9/10/98    12 2/22/99   2/22/00   K          http://www.kool102.com
WAFL-FM  Salisbury-Ocean    106  RCT      8,700    Fall 99  2/24/98    24 3/11/97   3/11/00   K          http://www.eagle977.com
         City
WBOP-FM  Harrisonburg       110  RCT     12,400    Fall 99  3/10/98    24 10/3/96   10/3/00   K          http://home.rica.net/wbop/
WBSR-AM  Pensacola          112  RCT      6,100    Fall 99  5/21/98    12 5/30/98   5/30/00   K          http://www.wbsr.com
WCUZ-FM  Grand Rapids       118  RCT     62,400    Fall 99  1/24/00    24 12/1/98   12/1/00   K          http://www.wcuz.com
WDSK-AM  Cleveland*         122  RCT     10,000    Fall 99  5/13/98    24 5/26/98   5/26/00   K          http://www.deltaradio.net
WDTL-FM  Cleveland*         123  RCT     10,000    Fall 99  5/13/98    24 5/26/98   5/26/00   K          http://www.deltaradio.net
WFWI-FM  Ft Wayne           131  RCT     84,900    Fall 99   3/9/98    24  1/6/97    1/6/00   K          http://www.wfwi.com
WKLS-FM  Atlanta            157  RCT    386,200 Spr-Sum 99 12/12/97    24 2/26/97   2/26/99   J          http://www.96rock.com
WKRQ-FM  Cincinnati         161  RCT    322,000    Fall 99  4/28/98    24 4/28/98   4/28/00   K          http://www.q102online.com
WKVT-FM  Keene              163  RCT     10,000    Fall 99  2/24/98    24 1/20/97   2/24/00   K          http://www.wkvt.com
WNIC-FM  Detroit            173  RCT    581,100    Fall 99  9/24/98    24 12/3/98   12/3/00   K          http://www.wnic.com
WOHT-FM  Cleveland*         179  RCT     10,000    Fall 99  5/13/98    24 5/26/98   5/26/00   K          http://www.deltaradio.net
<PAGE>

WOOD-AM  Grand Rapids       181  RCT     80,900    Fall 99  9/30/98    24 11/6/98   11/6/00   K          http://www.woodradio.com/
WOOD-FM  Grand Rapids       181  RCT     97,300    Fall 99  9/30/98    24 11/6/98   11/6/00   K          http://www.ez1057.com
WQUT-FM  Johnson City       194  RCT     94,900    Fall 99  5/30/97    24 7/21/98   7/21/00   A          http://www.wqut.com
WRNR-FM  Baltimore          202  RCT     36,000    Fall 99  6/19/98    24 6/30/98   6/30/00   K          http://www.wrnr.com
WTPA-FM  Harrisburg         215  RCT     81,500    Fall 99  5/15/98    24 11/4/96   11/4/00   K          http://www.935wtpa.com
KBOB     QuadCities         242  RCT     34,100    Fall 99  3/13/98    24 3/16/98   3/16/00   K          http://www.bobcountry.com
KORB     QuadCities         242  RCT     34,800    Fall 99  3/13/98    24 3/16/98   3/16/00   K          http://www.planet935.com
KVOR-AM  Colorado Springs   250  RCT     48,500    Fall 99   1/7/98    24 4/30/98   4/30/00   G          http://www.kvor.com
KMEL-FM  San Francisco       53  SRC    653,000    Fall 99  5/18/98    24 6/17/97   6/17/01   K          http://www.106kmel.com
KSHE-FM  St. Louis           83  SRC    211,300    Fall 99  2/24/97    24 3/22/99   3/22/01   A          http://www.kshe95.com
WFOX-FM  Atlanta            129  SRC    402,700    Fall 99  2/25/99    12  5/6/97    5/6/00   B          http://www.fox97.com
WMMR-FM  Philadelphia       170  SRC    440,800    Fall 99  3/19/99    12 11/15/96 11/15/99   B          http://www.wmmr.com
WTPI-FM  Indianapolis       216  SRC    132,600    Fall 99  5/26/99    24 9/21/99   9/21/01   B          http://www.wtpi.com
WYNY-FM  New York           231  SRC    380,900    Fall 99  12/3/98    12 12/22/98 12/22/00   B   INACT  http://www.newcountryy107
                                                                                                         .com
KOIT-AF  San Francisco      243  SRC    848,600    Fall 99  3/31/99    12 4/19/99   4/19/00   B          http://www.koit.com
WXTU-FM  Philadelphia       267  SRC    328,900    Fall 99  6/18/98    24 3/30/99   3/30/01   B   INACT  http://www.wxtu.com
WKIS-FM  Miami              271  SRC    295,500    Fall 99  6/15/98    24 7/31/98   7/31/00   G          http://www.kiss102.com
KISQ-FM  San Francisco       35  SW     530,100    Fall 99   4/6/99    12 6/25/99   6/25/00   B    ACT   http://www.981kissfm.com
KZQZ-FM  San Francisco      105  SW     620,000    Fall 99 12/17/98    12 4/28/99   4/28/00   B    ACT   http://www.z957.com
WLYF-FM  Miami              166  SW     378,300    Fall 99  6/14/99    12 12/20/99 12/20/00   Q          http://www.wlyf.com
WMXJ-FM  Miami              171  SW     280,400    Fall 99  6/14/99    12 10/7/99   10/7/00   Q          http://www.wmxj.com/
WWRC-AM  Washington         223  SW     184,000    Fall 99  3/15/99    24 1/13/00   1/13/02   D          http://www.
                                                                                                         businessradioam570.com/
WZPL-FM  Indianapolis       234  SW     234,500    Fall 99  5/12/99    24 10/26/99 10/26/01   B          http://www.wzpl.com
WEJZ-FM  Jacksonville       260  SW      48,300    Fall 99  7/30/99    24 4/17/00   4/17/02   B          http://www.lite961.com
WFKS-FM  Jacksonville       261  SW      34,900    Fall 99  7/30/99    24 4/24/00   4/24/02   B          http://www.radiokiss.com
WJAS-AM  Pittsburgh         262  SW     199,200    Fall 99  7/30/99    24 3/17/00   3/17/02   B          http://www.1320wjas.com
WWRR-FM  Jacksonville       266  SW      48,700 Spr-Sum 99  7/30/99    24 0/00/00   7/30/01   B          http://www.arrow1007.com
WMYS-AM  Indianapolis       273  SW       6,600    Fall 99  5/26/99    24 11/4/99   11/4/01   D          http:/www.wmys.com
KALZ-FM  Fresno               4   W      98,200    Fall 99   3/5/98    24 7/31/98 7/31/2000-             http://www.alice1027.com
                                                                                nonrenew
KAPE-AM  Cape Girardeau       5   W      10,000    Fall 99  6/22/98    24 7/22/98   7/22/00   C          http://www.1550kape.com
KRHW-AM* Cape Girardeau*      5   W      10,000    Fall 99  6/22/98    24  6/6/99    6/6/01   C
KBOS-FM  Fresno               8   W     116,100    Fall 99   3/5/98    24  7/9/98 7/9/2000-              http://www.kbos.com
                                                                                nonrenew
KBXB-FM  Cape Girardeau       9   W      10,000    Fall 99  5/13/98    12  7/9/98    7/9/00   C          http://www.b98online.com
KCBL-FM  Fresno              11   W       9,100    Fall 99   3/5/98    24 6/30/98   6/30/00   C          http://www.kcbl.com
KDGE-FM  Dallas              14   W     405,300    Fall 99  1/12/98    24 9/24/96   1/12/00   C    ACT   http://www.kdge.com
KDIS-AM  Los Angeles         15   W     194,600    Fall 99  9/28/98    12 2/11/99   2/11/00   F          http://www.kdisam710.com
KESO-FM  South Padre         18   W      12,500 Spr-Sum 99  1/19/99    24 3/30/99   3/30/01   D          http://www.alternative927
         Island                                                                                          .com
KEZL-FM  Fresno              20   W      35,100    Fall 99   3/5/98    24 6/30/98   6/30/00   C          http://www.kezl.com
KGMO-FM  Marion-Carbondale   24   W      10,000    Fall 99  5/13/98    24  6/9/97    6/9/00   C          http://www.kgmo.com
KGTW-FM  Ketchikan           27   W      10,000    Fall 99 11/20/96    24 1/20/97   1/20/00   I          http://www.ktknkgtw.com
KHKS-FM  Dallas              28   W     781,600    Fall 99 11/19/97    24  4/1/98    4/1/00   J    ACT   http://www.1061kissfm.com
                                                   Spr-Sum
KHTK-AM  Sacramento          29   W      84,200         99  1/12/98    24  6/5/98    6/5/00   G          http://www.khtkam.com
                                                   Spr-Sum
KHVH-AM  Honolulu            30   W      47,200         99  6/29/98    24 11/2/98   11/2/00   C          http://www.khvhradio830.com

                                      30
<PAGE>

KSSK-AF  Honolulu            30   W     221,100    Fall 99  6/29/98    24 9/11/98   9/11/00   C          http://www.ksskradio.com
KUCD-FM  Honolulu            30   W      86,100    Fall 99  6/29/98    24 6/26/97   6/26/00   C          http://www.star1019fm.com
KHYL-FM  Sacramento          31   W     150,800 Spr-Sum 99   1/2/97    24 6/20/97   6/20/01   C   INACT  http://www.magic101jams.com
KJNO-AM  Juneau              37   W      10,000    Fall 99  4/24/98    24  6/5/98    6/5/00   C          http://www.kjno.com
KTKU-FM* Juneau*             37   W      10,000    Fall 99  4/24/98    24 6/30/98   6/30/00   C          http://www.taku105.com
KKDA-FM  Dallas              40   W     506,700    Fall 99  7/15/98    24 9/11/98   9/11/00   C    ACT   http://www.k104fm.com
KKRW-FM  Houston             42   W     386,100    Fall 99 11/13/97    24 9/20/96   9/20/99   C   INACT  http://www.kkrw.com
KMXM-FM  Twin    Falls       55   W      10,000    Fall 99  4/13/98    24 6/18/98   6/18/00   C          http://www.kmxm.com
KMXR-FM  Corpus Christi      56   W      34,500    Fall 99  4/22/98    24 7/24/98   7/24/00   C          http://www.mix939.com
KNCI-FM  Sacramento          57   W     170,900    Fall 99  1/12/98    24 4/14/98   4/14/00   G   INACT  http://www.kncifm.com
KOCN-FM  Monterey            60   W      47,800    Fall 99  8/25/98    24 10/30/98 10/30/00   C          http://www.oldies1051.com
KODA-FM  Houston             61   W     586,900    Fall 99 11/13/97    24 4/27/98   4/27/00   J          http://www.sunny99.com
KQID-FM  Alexandria          69   W      29,300 Spr-Sum 99  5/26/98    24 8/31/98   8/31/00   C          http://www.q93fm.com
KRAK-FM  Sacramento          72   W      56,500    Fall 99  1/12/98    24 7/20/98   7/20/00   G          http://www.krakam.com
KRNB-FM  Dallas              75   W     111,400    Fall 99  7/15/98    24 10/15/99 10/15/00   C          http://www.krnb.com
KRYS-FM  Corpus Christi      79   W      61,500    Fall 99  4/22/98    24 8/28/98   8/28/00   C          http://www.krysfm.com
KSOF-FM  Fresno              84   W      65,600 Spr-Sum 99   3/5/98    24 7/20/98   7/20/00   C          http://www.ksof.com
KTFI-AM  Twin    Falls*      87   W      10,000    Fall 99  4/13/98    24 6/18/98   6/18/00   C          http://www.ktfi.com
KTOM-FM  Monterey            89   W      83,600    Fall 99  8/25/98    57 10/30/98 10/30/00   C          http://www.ktom.com
                                                                                  7/20/2000
KULE-AM  Wenatchee*          91   W      10,000    Fall 99   6/9/98    24 7/20/98  nonrenew   C          http://www.kule.com
                                                                                  7/20/2000
KULE-FM  Wenatchee*          91   W      10,000    Fall 99   6/9/98    24 7/20/98  nonrenew   C          http://www.kule.com
KWIN-FM  Stockton            94   W     112,900    Fall 99  7/14/98    24 10/30/98 10/30/00   C    ACT   http://www.kwin.com
KWNN-FM  Stockton            94   W      57,700 Spr-Sum 99  7/14/98    24  0/0/00   7/14/00   C
KYRX-FM  Cape Girardeau      99   W      10,000    Fall 99  5/13/98    24 6/12/98   6/12/00   C          http://www.mix1047online
                                                                                                         .com
KZPS-FM  Dallas             102   W     444,000    Fall 99  5/21/98    24  9/9/96    9/9/00   C    ACT   http://www.kzps.com
KZSP-FM  South Padre        103   W      10,000    Fall 99  1/19/99    12 6/30/99   6/30/00   D          http://www.love953.com
         Island
WCTW-FM  Poughkeepsie       117   W      10,000    Fall 99  1/24/00    24 6/17/98   6/17/00   C          http://www.wctw.com
WDIZ-AM  Panama City        120   W       8,800    Fall 99  1/24/00    24 7/23/98   7/23/00   C          http://www.panamaradio.com
WFSY-FM  Panama City        120   W      26,700    Fall 99  2/20/98    12 7/23/98   7/23/00   C
WPAP-FM  Panama City        120   W      30,700    Fall 99  2/20/98    24 7/23/98   7/23/00   C          http://www.panamaradio.com
WPBH-FM  Panama City        120   W      15,900    Fall 99  2/20/98    24 7/23/98   7/23/00   C
WEZB-FM  New Orleans        127   W     155,900 Spr-Sum 99  12/4/97    24  3/6/98    3/6/00   C          http://www.b97.com
WHTG-FM  Monmouth           136   W      35,500    Fall 99 12/12/97    24 2/10/97   2/10/00   J   INACT  http://www.fm1063.com
WILD-AM  Boston             139   W      88,600    Fall 99   6/9/98    24  9/9/98    9/9/00   C          http://www.wildam1090.com
WINC-FM  Winchester         140   W      44,200    Fall 99  2/26/98    24 12/1/97   12/1/01   K          http://www.wincfm.com/
WJAN-FM  Rutland            144   W      10,000    Fall 99   3/5/98    24  4/3/98    4/3/00   C          http://www.catcountry.net
WJJR-FM  Rutland            147   W      10,000    Fall 99   3/5/98    24 4/10/98   4/10/00   C          http://www.mix981.com
WJMZ-FM  Greenville SC      148   W     120,500 Spr-Sum 99  9/16/97    12 11/17/97 11/17/00   A          http://www.wjmz.com
WKKN-FM  Statesboro         153   W      10,000    Fall 99  7/29/98    12 10/30/98 10/30/00   C          http://www.k98fm.com
WMDM-FM  Lexington Park     167   W      10,000    Fall 99  7/13/98    24 1/24/97  7/13/00-              http://www.977thebay.com
                                                                                   nonrenew
WPKK-FM  Altoona            184   W      10,000    Fall 99 10/22/98    24 11/6/98   11/6/00   C          http://www.975thepeak.com
WPMX-FM  Statesboro         185   W      10,000    Fall 99  7/29/98    24 9/24/98   9/24/00   C          http://www.eaglefm.com
WQSY-FM  Hawkinsville       193   W      10,000    Fall 99  7/29/98    24 10/30/98 10/30/00   C          http://www.sunnyradio.com
WRBQ-FM  Tampa              195   W     218,500    Fall 99   1/8/98    24  1/8/98    1/8/00   J          http://www.wrbq.com

                                      31
<PAGE>

WRNQ-FM  Poughkeepsie       201   W      27,200    Fall 99  5/14/98    24 6/17/98   6/17/00   C          http://www.wrnq.com
WSHF-FM  Panama City        207   W       7,800    Fall 99  7/23/98    12 7/24/98   7/24/00   C          http://www.panamaradio.com
WTEM-AM  Washington         211   W     145,100    Fall 99  3/15/99    24 8/13/99   8/13/01   D   INACT  http://www.sportstalk980
                                                                                                         .com
WTHK-FM  Hudson, NY*        212   W      10,000    Fall 99  5/14/98    24  0/0/00   5/14/00   C
WTHN-FM  Poughkeepsie       212   W      32,100    Fall 99  5/14/98    24 6/17/98   6/17/00   C          http://www.
                                                                                                         thundercountryradio.com
WTND-FM  Greenville*        212   W      10,000    Fall 99  5/14/98    24  0/0/00   5/14/00   C
WTJS-AM  Jackson            213   W       9,700    Fall 99   6/5/98    24 7/31/98   7/31/00   C          http://www.wtjs.com
WTNV-FN  Jackson            213   W      20,700    Fall 99   6/5/98    24 7/31/98   7/31/00   C          http://www.104wtnv.com
WYNU-FM  Jackson            213   W      11,200    Fall 99   6/5/98    12 7/31/98   7/31/00   C          http://www.wynu92fm.com
WYTZ-FM  Benton Harbor*     232   W      10,000    Fall 99  1/31/97    12  3/5/97    3/5/00   A          http://www.wytz.com
WZYQ-FM  Cleveland*         235   W      10,000    Fall 99  5/13/98    24 5/26/98   5/26/00   K          http://www.deltaradio.net
WZZL-FM  Metropolis         236   W      10,000    Fall 99  5/13/98    24  8/6/98    8/6/00   C          http://www.wzzl.com
WERZ     Portsmouth         244   W      82,700    Fall 99 11/14/97    24 12/7/98   12/7/00   R          http://www.werz.com
WFMD     Frederick          244   W      22,600    Fall 99 11/14/97    24 5/13/99   5/13/01   R          http://www.wfmd.com
KARA     San Jose           249   W     128,400    Fall 99   7/1/99    24 12/22/99 12/22/01   D          http://www.kara.com
KLIV     San Jose           249   W      62,700    Fall 99   7/1/99    24 1/19/00   1/19/02   D    ACT   http://www.kliv.com
KRTY     San Jose           249   W     110,400    Fall 99   7/1/99    12 1/24/99  11/23/01   D          http://www.krty.com
KKZX-FM  Spokane            250   W      78,000    Fall 99   1/7/98    24  6/1/98    6/1/00   G          http://www.kkzx.com
KTWK-AM  Colorado Springs   250   W      15,200    Fall 99   1/7/98    24 4/30/98   4/30/00   G          http://www.memory740.com
KUDY-AM  Spokane            250   W      10,000    Fall 99   1/7/98    24 9/21/98   9/21/00   G          http://www.am1280.com
WCHZ-FM  Fayetteville       271   W      48,700    Fall 99  6/15/98    24  8/8/98    8/8/00   G          http://www.95rock.com
WFLB-FM  Augusta            271   W      44,100    Fall 99  6/15/98    24 9/17/98   9/17/00   G          http://www.oldies965.com
WGAC-AM  Augusta            271   W      34,500    Fall 99  6/15/98    24 7/31/98   7/31/00   G          http://www.wgac.com
WGOR-FM  Greenville         271   W     120,500    Fall 99  6/15/98    24 8/31/98   8/31/00   G          http://www.939coolfm.com
WIKS-FM  Augusta            271   W      37,900    Fall 99  6/15/98    24 7/31/98   7/31/00   G   INACT  http://www.wkis.com
WJBX-FM  Fort Myers         271   W      62,700    Fall 99  6/15/98    24 8/31/98   8/31/00   G          http://www.99xwjbx.com
WJST-FM  Fort Myers         271   W      60,100    Fall 99  6/15/98    24 7/27/98   7/27/00   G          http://www.wjst.com
WKML-FM  Fayetteville       271   W      71,600    Fall 99  6/15/98    24 7/31/98   7/31/00   G          http://www.wkml.com
WMGV-FM  Greenville         271   W      51,500 Spr-Sum 99  6/15/98    24 8/28/98   8/28/00   G          http://www.v1033.com
WNCT-AF  Greenville         271   W      51,300 Spr-Sum 99  6/15/98    24 1/29/99   1/29/01   G          http://www.oldies1079.com
WQAM-AM  Miami              271   W     239,700    Fall 99  6/15/98    24 9/30/98   9/30/00   G   INACT  http://www.wqam.com/
WRXK-FM  Fort Myers         271   W      69,700    Fall 99  6/15/98    24  2/5/99    2/5/01   G          http://www.96krock.com
WSFL-FM  Greenville         271   W      93,100    Fall 99  6/15/98    24 8/14/98   8/14/00   G          http://www.wsfl.com
WUKS-FM  Fayetteville       271   W      33,900 Spr-Sum 99  6/15/98    24 10/6/98   10/6/00   G          http://www.kiss1077.com
WWCN-AM  Fort Myers         271   W      13,800 Spr-Sum 99  6/15/98    24 9/24/98   9/24/00   G          http://www.am770.com
WWDB-FM  Philadelphia       271   W     414,900 Spr-Sum 99 6/15/98    24 8/28/98   8/28/00   G           http://www.newstalk965.com
WXKB-FM  Fort Myers         271   W     117,600 Spr-Sum 99  6/15/98    24  8/4/98    8/4/00   G          http://www.b1039.com
WZFX-FM  Fayetteville       271   W      93,800    Fall 99  6/15/98    24 9/21/98   9/21/00   G          http://www.foxy99.com
KDON-FM  Monterey           274   W     104,300 Spr-Sum 99  8/27/98    24 11/6/98   11/6/00   C   INACT  http://www.kdon.com
TOTAL    STATIONS           164      19,708,600

FOOTNOTES
(1) Non-reported stations were given an estimated cume audience of 10,000.
(2) Where    Fall 99 Arbitron numbers were unavailable, Spring-Summer 99 Arbitron numbers were used.
(3) Some expiration dates from our database do not reflect automatic 12-month renewal in the absence of written decline.
</TABLE>

                                      32
<PAGE>

                              Schedule 2.1 (a)(2)
                           Streaming Media Contracts

<TABLE>
<CAPTION>
                                                                                                     E
                            REC                               SIGN                            FORM  COM
CALL LETTERS MARKET CITY     #   PRO      MSA     CUME        DATE   TERM   LIVE   EXPIRY(3)  TYPE  CODE
                                -DUCT   CUME(1)  BOOK(2)
---------------------------------------------------------------------------------------------------------
<S>          <C>            <C> <C>     <C>     <C>         <C>      <C>  <C>      <C>        <C> <C>
KDFC-FM      San Francisco   13  SO     480,000 Spr-Sum 99   3/1/99    12  1/15/99  1/15/00   B
KEDJ-FM      Phoenix         17  SO     373,400    Fall 99   8/2/99    24 11/12/99 11/12/01   B
KSOL-FM      San Francisco   85  SO     241,100    Fall 99   3/8/99    24  11/6/98  11/6/00   B   IN-ACT
KWJJ-FM      Portland        95  SO     198,700    Fall 99   7/8/99    12 10/27/99 10/27/00   B
WBOS-FM      Boston         111  SO     275,000    Fall 99  4/26/99    12  5/12/99  5/12/00   B
WCAA-FM      New York       113  SO     695,900 Spr-Sum 99   9/9/98    24 10/30/98 10/30/00   C
WCRB-FM      Boston         115  SO     396,400 Spr-Sum 99  7/15/99    24 10/31/99 10/31/01   B
WEVD-AM      New York       126  SO     209,700    Fall 99  7/20/99    24 00/00/00  7/20/01   B
WGAY-AM      Washington     132  SO      50,900    Fall 99  6/28/99    24  1/13/00  1/13/02   B
WKIE-FM      Chicago        151  SO      10,000    Fall 99  4/21/99    24  10/4/99  10/4/01   B   IN-ACT
WKKX-FM      St. Louis      154  SO     245,900    Fall 99  2/25/99    12  3/22/99  3/22/00   B
WKLB-FM      Boston         156  SO     274,900    Fall 99  4/26/98    12  5/12/99  5/12/00   B
WKQX-FM      Chicago        160  SO     890,300    Fall 99   1/5/99    12   2/8/99   2/8/00   B
WLTJ-FM      Pittsburgh     165  SO     218,300 Spr-Sum 99  6/29/99    24  3/28/00  3/28/02   B
WMGK-FM      Philadelphia   168  SO     461,200    Fall 99  3/19/99    12  4/22/99  4/22/00   B
WMJX-FM      Boston         169  SO     640,500    Fall 99  4/26/99    12  5/12/99  5/12/00   B
WNND-FM      Chicago        175  SO     570,700    Fall 99  7/30/99    24  9/17/99  9/17/01   B
WPEN-AM      Philadelphia   183  SO     313,000    Fall 99  3/13/99    12  4/23/99  4/23/00   B
WPRO-FM      Providence     186  SO     287,800    Fall 99   3/8/99    12  3/30/99  3/30/00   B

<CAPTION>
                               SHARES          DOLLARS
                              ALLOCATED       ALLOCATED
                                FOR              FOR
                             INTERMEDIATE    INTERMEDIATE
             URL              CLOSING(S)      CLOSING(S)
---------------------------------------------------------
<S>                          <C>             <C>
http://www.kdfc.com                13,484        67,420
http://www.kedj.com                10,489        52,445
http://www.ksol.com                 6,773        33,865
http://www.kwjj.com                 5,582        27,910
http://www.wbos.com                 7,725        38,625
http://www.calientefm.com          19,549        97,745
http://www.wcrb.com                11,135        55,675
http://www.wevd.com                 5,891        29,455
http://www.wgay.com                 1,430         7,150
http://www.92kissfm.com               281         1,405
http://www.kix1065.com              6,908        34,540
http://www.wklb.com                 7,722        38,610
http://www.q101.com                25,010       125,050
http://www.wltj.com                 6,132        30,660
http://www.wmgk.com                12,956        64,780
http://www.wmjx.com                17,992        89,960
http://www.windy100.com            16,032        80,160
http://www.wpen.com                 8,793        43,965
http://www.92profm.com              8,085        40,425

                                                  33

<PAGE>

<CAPTION>
<S>          <C>              <C>    <C>  <C>         <C>           <C>        <C>  <C>        <C>        <C>  <C>
WROR-FM      Boston           203    SO     318,000      Fall 99    4/26/99    12    5/12/99    5/12/00   B
WRRK-FM      Pittsburgh       204    SO     229,600      Fall 99    6/29/99    24     1/6/97     1/6/01   B
WSJZ-FM      Boston           209    SO     350,000      Fall 99    4/26/99    12    5/12/99    5/12/00   B
WTMX-FM      Chicago          214    SO     900,700   Spr-Sum 99    7/30/99    24    9/17/99    9/17/01   B
WWDC-FM      Washington       219    SO     627,400      Fall 99    3/15/99    24    8/19/99    8/19/01   Q
WWLI-FM      Providence       222    SO     223,700      Fall 99     3/8/99    12    3/31/99    3/31/00   B
WXTM-FM      St. Louis        226    SO     193,800      Fall 99    2/25/99    12    3/22/99    3/22/00   B
WXXM-FM      Philadelphia     228    SO     442,700   Spr-Sum 99    3/19/99    12    4/30/99    4/30/00   B
WXXY-FM      Chicago          229    SO      10,000   Spr-Sum 99    4/21/99    24    5/14/99    5/14/01   B
KLVE         Los Angeles      241    SO   1,951,800      Fall 99    2/23/99    12    3/22/99    3/22/00   B
KSCA         Los Angeles      241    SO   1,121,000      Fall 99    2/23/99    12    3/22/99    3/22/00   B     IN-ACT
KTNQ         Los Angeles      241    SO   1,988,900      Fall 99    2/23/99    12   11/18/98   11/18/00   B
KCNL-FM      San Jose         245    SO      10,000   Spr-Sum 99     6/9/99    12     7/6/99     7/6/00   B
KSJO-FM      San Jose         246    SO     144,000   Spr-Sum 99     6/9/99    12     7/6/99     7/6/00   B
KUFX-FM      San Jose         247    SO     132,300      Fall 99     6/9/99    12     7/6/99     7/6/00   B
KBEZ-FM      Tulsa            251    SO      79,100      Fall 99    7/30/99    24    0/00/00    7/30/01   B
KHTT-FM      Tulsa            252    SO     146,400      Fall 99    7/30/99    24    0/00/00    7/30/01   B
KMGL-FM      Oklahoma City    253    SO     130,900      Fall 99    7/30/99    24   10/22/99   10/22/01   B
KOMA-AM      Oklahoma City    254    SO     126,800      Fall 99    7/30/99    24   10/22/99   10/22/01   B
KPWR-FM      Los Angeles      255    SO   1,434,500      Fall 99    10/1/99     6     3/3/00     9/3/00   B
KRXO-FM      Oklahoma City    256    SO     191,900      Fall 99    7/30/99    24   10/22/99   10/22/01   B
WALR-FM      Atlanta          257    SO     396,000      Fall 99    1/27/99    24    2/12/99    2/12/01   B
WAMO-FM      Pittsburgh       259    SO     194,700      Fall 99    8/20/99    24   10/25/99   10/25/01   B
WPOW-FM      Miami            263    SO     572,300      Fall 99    6/18/98    24    7/31/98    7/31/00   B    ACT

<CAPTION>
<S>                                <C>          <C>
http://www.wror.com                 8,933        44,665
http://www.rrk.com                  6,450        32,250
http://www.smoothjazz969.com        9,832        49,160
http://www.wtmx.com                25,302       126,510
http://www.DC101.com               17,624        88,120
http://www.lite105.com              6,284        31,420
http://www.extremeradio1041.com     5,444        27,220
http://www.jammingold957.com       12,436        62,180
http://www.wxxy.com                   281         1,405
http://www.klvefm.com              54,828       274,140
http://www.lanuevafm.com/          31,490       157,450
http://www.ktnq.com                55,870       279,350
http://www.channel1049.com            281         1,405
http://www.ksjo.com/                4,045        20,225
http://www.kfox.com                 3,716        18,580
http://www.kbez.com                 2,222        11,110
http://www.khits.com                4,113        20,565
http://www.magic104.com             3,677        18,385
http://www.komaradio.com            3,562        17,810
http://www.power106la.fm           40,297       201,485
http://www.krxo.com                 5,391        26,955
http://www.kiss1047.com            11,124        55,620
http://www.wamo.com                 5,469        27,345
http://www.power96.com             16,077        80,385

                                                   34

<PAGE>

<CAPTION>
<S>          <C>            <C>    <C>    <C>       <C>          <C>         <C>  <C>        <C>        <C> <C>
WSHH-FM      Pittsburgh     264    SO     232,300      Fall 99    7/30/99    24    3/17/00    3/17/02   B
WTMJ-AM      Milwaukee      265    SO     327,400      Fall 99   11/16/99    12    5/18/00    5/18/01   B
WZAK-FM      Cleveland      269    SO     237,700      Fall 99     3/3/99    24    3/23/99    3/23/01   B
WSTR-FM      Atlanta        272    SO     731,600   Spr-Sum 99    5/11/99    12     7/1/99     7/1/00   B
WHHH-FM      Indianapolis   275    SO     160,300   Spr-Sum 99    7/27/99    24     4/6/00     4/6/02   Q
KMEL-FM      San Francisco   53    SRC    653,000      Fall 99    5/18/98    24    6/17/97    6/17/01   K
KSHE-FM      St. Louis       83    SRC    211,300      Fall 99    2/24/97    24    3/22/99    3/22/01   A
WFOX-FM      Atlanta        129    SRC    402,700      Fall 99    2/25/99    12     5/6/97     5/6/00   B
WMMR-FM      Philadelphia   170    SRC    440,800      Fall 99    3/19/99    12   11/15/96   11/15/99   B
WTPI-FM      Indianapolis   216    SRC    132,600      Fall 99    5/26/99    24    9/21/99    9/21/01   B
WYNY-FM      New York       231    SRC    380,900      Fall 99    12/3/98    12   12/22/98   12/22/00   B   IN-ACT
KOIT-AF      San Francisco  243    SRC    848,600      Fall 99    3/31/99    12    4/19/99    4/19/00   B
WXTU-FM      Philadelphia   267    SRC    328,900      Fall 99    6/18/98    24    3/30/99    3/30/01   B   IN-ACT
WKIS-FM      Miami          271    SRC    295,500      Fall 99    6/15/98    24    7/31/98    7/31/00   G
KISQ-FM      San Francisco   35    SW     530,100      Fall 99     4/6/99    12    6/25/99    6/25/00   B   ACT
KZQZ-FM      San Francisco  105    SW     620,000      Fall 99   12/17/98    12    4/28/99    4/28/00   B   ACT
WLYF-FM      Miami          166    SW     378,300      Fall 99    6/14/99    12   12/20/99   12/20/00   Q
WMXJ-FM      Miami          171    SW     280,400      Fall 99    6/14/99    12    10/7/99    10/7/00   Q
WWRC-AM      Washington     223    SW     184,000      Fall 99    3/15/99    24    1/13/00    1/13/02   D
WZPL-FM      Indianapolis   234    SW     234,500      Fall 99    5/12/99    24   10/26/99   10/26/01   B
WEJZ-FM      Jacksonville   260    SW      48,300      Fall 99    7/30/99    24    4/17/00    4/17/02   B
WFKS-FM      Jacksonville   261    SW      34,900      Fall 99    7/30/99    24    4/24/00    4/24/02   B
WJAS-AM      Pittsburgh     262    SW     199,200      Fall 99    7/30/99    24    3/17/00    3/17/02   B
WWRR-FM      Jacksonville   266    SW      48,700   Spr-Sum 99    7/30/99    24    0/00/00    7/30/01   B

<CAPTION>
<S>                                <C>          <C>
http://www.wshh.com                 6,526        32,630
http://www.620wtmj.com              9,197        45,985
http://www.wzak.com                 6,677        33,385
http://www.star94.com              20,551       102,755
http://www.whhh.com                 4,503        22,515
http://www.106kmel.com             18,344        91,720
http://www.kshe95.com               5,936        29,680
http://www.fox97.com               11,312        56,560
http://www.wmmr.com                12,383        61,915
http://www.wtpi.com                 3,725        18,625
http://www.newcountryy107.com      10,700        53,500
http://www.koit.com                23,838       119,190
http://www.wxtu.com                 9,239        46,195
http://www.kiss102.com              8,301        41,505
http://www.981kissfm.com           14,891        74,455
http://www.z957.com                17,417        87,085
http://www.wlyf.com                10,627        53,135
http://www.wmxj.com/                7,877        39,385
http://www.businessradioam570.com   5,169        25,845
http://www.wzpl.com                 6,587        32,935
http://www.lite961.com              1,357         6,785
http://www.radiokiss.com              980         4,900
http://www.1320wjas.com             5,596        27,980
http://www.arrow1007.com            1,368         6,840

                                                  35

<PAGE>

<CAPTION>
<S>          <C>            <C>  <C>  <C>           <C>      <C>        <C> <C>      <C>       <C>
WMYS-AM      Indianapolis   273  SW        6,600    Fall 99  5/26/99    24  11/4/99  11/4/01   D
--------------------------------------------------------------------------------------------------------
TOTAL        STATIONS        68       26,698,800
--------------------------------------------------------------------------------------------------------
TOTAL SHARES                             750,000
--------------------------------------------------------------------------------------------------------

<CAPTION>
<S>                          <C>         <C>
http:/www.wmys.com               182           910
---------------------------------------------------
TOTAL SHARES                 750,000     3,750,000
                                                 -
---------------------------------------------------
</TABLE>

FOOTNOTES
(1) Non-reported stations were given an estimated cume audience of 10,000.
(2) Where Fall 99 Arbitron numbers were unavailable, Spring-Summer 99 Arbitron
    numbers were used.
(3) Some expiration dates from our database do not reflect automatic 12-month
    renewal in the absence of written decline.

                                      36

<PAGE>

                                  Schedule 2.4
                            Sales Prospects and Leads

<TABLE>
<CAPTION>

STREAMING MEDIA PROSPECTS

THE FOLLOWING CUME IS BASED ON INFORMATION SUPPLIED
BY HISPANIC BROADCASTING CORP. (HBC):

                               STATION
   MARKET CITY               CALL LETTERS                  CUME                    COMMENTS
---------------------------------------------------------------------------------------------------
<S>                    <C>                                 <C>             <C>
Los Angeles            KTNQ-AM                                           0 OR Customer
Los Angeles            KLVE-FM                                           0 OR Customer
Los Angeles            KSCA-FM                                           0 OR Customer
Los Angeles            KRCD-FM                                           0
New York               WADO-AM                                     616,200 Spr '99 Book
New York               WCAA-FM                                           0 OR Customer
San Francisco          KSOL-FM                                           0 OR Customer
San Francisco          KZOL-FM                                     111,000 Simulcast w/ KSOL
Las Vegas              KLSQ-AM                                      25,100 Spr '99 Book
Las Vegas              KISF-FM                                      80,300 Spr '99 Book
Phoenix                KHOT-FM                                      93,600 Spr '99 Book
Phoenix                KKFR-FM                                     280,500 Spr '99 Book
Miami                  WAMR-FM                                     354,500 Spr '99 Book
Miami                  WRTO-FM                                     232,700 Spr '99 Book
Miami                  WAQI-AM                                     208,600 Spr '99 Book
Miami                  WQBA-AM                                     100,000 Spr '99 Book
Chicago                WOJO-FM                                     121,300 Spr '99 Book
Chicago                WIND-AM                                      93,300 Spr '99 Book
Chicago                WLXX-AM                                     317,000 Spr '99 Book
Houston                KLTN-FM                                     311,500 Spr '99 Book
Houston                KOVE-FM                                     154,500 Spr '99 Book
Houston                KOVA-FM                                      26,900 Spr '99 Book
Houston                KRTX-FM                                           0
Houston                KLAT-AM                                      86,600 Spr '99 Book
McAllen                KIWW-FM                                     129,500 Spr '99 Book
McAllen                KGBT-FM                                           0
McAllen                KGBT-AM                                      63,300 Spr '99 Book
Dallas                 KHCK-FM                                     144,000 Spr '99 Book
Dallas                 KDXX-FM                                           0
Dallas                 KDXT-FM                                           0
Dallas                 KDXX-AM                                      48,300 Spr '99 Book
Dallas                 KESS-AM                                      61,100 Spr '99 Book
San Antonio            KROM-FM                                      92,600 Spr '99 Book
San Antonio            KXTN-FM                                     217,850 Spr '99 Book
San Antonio            KXTN-AM                                           0

<PAGE>

San Antonio            KCOR-AM                                      37,900 Spr '99 Book
El Paso                KBNA-FM                                     148,600 Spr '99 Book
El Paso                KBNA-AM                                      17,600 Spr '99 Book
El Paso                KAMA-AM                                      14,100 Spr '99 Book
---------------------------------------------------------------------------------------------------
                       TOTAL CUME                                4,188,450
---------------------------------------------------------------------------------------------------
                                TOTAL AVAILABLE CUME             4,188,450
<CAPTION>
                                                           FALL '99
SPILL CUME                                                    CUME
---------------------------------------------------------------------------------------------------
<S>                    <C>                                 <C>
West Palm              WRTO-FM                                      20,100
Riverside              KTNQ-AM                                      18,300
Monterey               KSOL/KZOL                                    44,400
Riverside              KLVE-FM                                      82,000
Oxnard                 KLVE-FM                                      23,600
Riverside              KSCA-FM                                      97,200
Oxnard                 KSCA-FM                                      12,100
---------------------------------------------------------------------------------------------------
                       TOTAL SPILL CUME                            297,700
---------------------------------------------------------------------------------------------------
                       TOTAL CUME                                4,486,150
---------------------------------------------------------------------------------------------------
                                TOTAL AVAILABLE CUME             4,486,150
---------------------------------------------------------------------------------------------------

WEB SERVICES SALES PROSPECTS

COX BROADCASTING CORP. (ESTIMATED CUME)

<CAPTION>

                                  STATION
     MARKET CITY               CALL LETTERS                  CUME                    COMMENTS
---------------------------------------------------------------------------------------------------
<S>                            <C>                           <C>                     <C>
50 Stations                                                    10,000,000+
---------------------------------------------------------------------------------------------------
                                TOTAL AVAILABLE CUME            10,000,000
---------------------------------------------------------------------------------------------------

LARGE MARKET RADIO STATION

WKRK-FM NEW YORK

<CAPTION>

                                  STATION                  FALL '99
MARKET CITY                    CALL LETTERS                   CUME         COMMENTS
---------------------------------------------------------------------------------------------------
<S>                    <C>                                 <C>             <C>
New York City          WKRK-FM                                   1,608,500 Present OR Customer
                                                                           (no contract)
---------------------------------------------------------------------------------------------------
                                TOTAL AVAILABLE CUME             1,608,500
---------------------------------------------------------------------------------------------------

OTHER SALES PROSPECTS

<CAPTION>

                                  STATION
     MARKET CITY               CALL LETTERS                  CUME                    COMMENTS
---------------------------------------------------------------------------------------------------
<S>                    <C>                                   <C>                     <C>
Portland               KKRZ                                        372,700 Spr '99
Houston                KODA                                        537,800 Spr '99

                                      38

<PAGE>

Houston                KLDE                                        442,700 Spr '99
San Francisco          Wild 94.9                                   707,600 Spr '99
Houston                KQQK                                        210,000 Spr '99
Rochester              WHEB                                         67,200 Spr '99
San Jose               KARA                                        110,200 Spr '99
San Jose               KTRY                                        119,500 Spr '99
Honolulu               KHBH                                         47,200 Spr '99
St. Louis              KSNX                                              0 Do not subscribe to Arb
Indianapolis           WEDJ                                              0 Do not subscribe to Arb
Boston                 WJMN                                        589,200 Spr '99
Chicago                WCKG                                        444,800 Spr '99
Los Angeles            KUSC                                              0 College station
Indianapolis           WHHH                                        173,700 Spr '99
Indianapolis           WYJZ                                         53,900 Spr '99
Indianapolis           WBKS                                         62,000 Spr '99
Chicago                WVON                                              0 Legendary/Must have
Boise                  KKGL                                         29,200 Spr '99
Alexandria             KRRV                                         41,000 Spr '99
Alexandria             KKST                                         18,300 Spr '99
Alexandria             KZMZ                                         23,300 Spr '99
Alexandria             KDBS                                          2,900 Spr '99
Statesboro, GA         WHKN                                              0 Not shown in Arb.
Juneau                 KFMG                                              0 Not shown in Arb.
El Paso                KELT                                         50,500 Spr '99
Dallas                 KGGR                                              0 Mortenson Group
Dallas                 KTNO                                              0 Mortenson Grp. Spr '99
Harrodsburg            WHBN                                              0 Mortenson Group
Huntington             WEMM                                         29,300 Spr '99
Indian Head            WWGB                                              0 Mortenson Group
Kansas City            KGGN                                              0 Mortenson Group
Lexington/Fayette      WGSW                                              0 Mortenson Group
Lexington/Fayette      WUGR                                          7,600 Spr '99
Lexington/Fayette      WJMM                                              0 Mortenson Group
Lexington/Fayette      WSTL                                              0 Mortenson Group
Louisville             WLLV                                         14,500 Spr '99
Louisville             WLOU                                         21,300 Spr '99
Nashville              WNSG                                              0 Mortenson Group
Pittsburgh             WPGR                                              0 Mortenson Group
Pittsburgh             WWNL                                              0 Mortenson Group
Sacramento             KXOA                                          98000 R&R Recd Dir Spr 99
---------------------------------------------------------------------------------------------------
                       TOTAL AVAILABLE CUME                      4,274,400
---------------------------------------------------------------------------------------------------

TOTAL AVAILABLE CUME - ALL OPPORTUNITIES             20,369,050
---------------------------------------------------------------------------------------------------
</TABLE>

                                      39

<PAGE>

                                  Schedule 3.4
                     Required Waivers and Consents--OnRadio

                                      40

<PAGE>

                                  Schedule 3.6
                              Liabilities--OnRadio

                                      41

<PAGE>

                                  Schedule 3.7
                           Breaches and Enforceability

The following stations entered into Web Site Contracts to receive remote content
and OnRadio considers these stations in breach of the Web Site Contracts:

WTPA-FM--Harrisburg--Put up new site and station GM indicates that he is not
interested in linking to the content.

KJR-AM, KJR-FM, KUBE-FM--Seattle--claims that contract was limited to ad banners
and that they have no other obligations under the Web Site Contracts.

WKRQ-FM--Cincinnati--Took down their website and indicate that they have no
information of plans for a new site.

WSHF-FM, WFSY-FM, WPAP-FM, WPBH--FM--Panama City--Investigating possible
improper linking to content by stations.

WALR--We received non-renewal letter 12/8/99. Upon contacting the station we
determined that the station did not have access to DSL and that they were
unhappy with the quality of the signal. The station is continuing to stream and
has indicated that they are waiting for DSL to become available in their area.

WEZB--We received a letter from this web site customer dated May 23, 2000
requesting that we cancel their account immediately. A timely notice of
non-renewal was not received.

                                      42

<PAGE>

                                  Schedule 3.8
                               Litigation--OnRadio

                                      43

<PAGE>

                                  Schedule 3.9
                          Brokers and Finders--OnRadio

                                      44

<PAGE>

                                  Schedule 3.17
                                Related Contracts

Intervu
Frontier Global Center
DoubleClick
IBeam

                                       45

<PAGE>

                                  Schedule 4.5
                           Brokers and Finders--Global

                                      46

<PAGE>

                                  Schedule 4.8
                               Litigation--Global

                                      47

<PAGE>

                                  Schedule 5.13
                                  Key Employees

Ken Stilwell
Tim Herr
Rick Ramirez
James Chamberlain

                                      48

<PAGE>

                                   Exhibit 5.3
                          Transition Services Agreement

                                      49

<PAGE>

                                   Exhibit 5.4
                            Investor Rights Agreement

                                      50

<PAGE>

                                   Exhibit 5.5
                                Software License

                                      51

<PAGE>

                                   Exhibit 5.6
                                 Equipment Lease

                                      52

<PAGE>

                                   Exhibit 7.3
                         Instructions to Transfer Agent

                                      53

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00010-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00010-of-00352.parquet"}]]