Document:

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                           WEB SITE LICENSE AGREEMENT

         This Web Site License Agreement, dated as of March 29, 2000, between
Chely Wright at 300 Tenth Avenue South, Nashville, Tennessee 37203 ("Wright"),
and PTN MEDIA, INC., a Delaware Corporation, with offices located at 455 E.
Eisenhower Ann Arbor, Michigan 48108 ("PTN").

        PTN desires to contract with Wright for an exclusive license for an area
        of its on-line Fashionwindow.com ("FW") Internet service and WRIGHT is
        willing to grant such license and to render her services as hereinafter
        provided. In consideration of the mutual agreements and covenants set
        forth in this Agreement, the parties agree as follows:

1.                Establishment of Service. PTN will design, produce and
                  maintain a designated area of approved content accessible to
                  users of the Internet at www.chely.fashionwindow.com. Access
                  to the service will be free of charge. Wright shall be the
                  sole country artist associated with the Service during the
                  term of the contract. PTN may also develop "premium features",
                  as well as a "boutique" that will permit visitors to the
                  service to purchase merchandise licensed, endorsed or selected
                  by WRIGHT ("Boutique Merchandise"); any such Boutique
                  Merchandise would contain such content and be offered at
                  prices and on terms, as may be mutually agreed by PTN and
                  WRIGHT. In connection with the service, PTN will, at its sole
                  cost and expense:

                  (a)      Design and Maintenance. Maintain full responsibility
                           for the design, technical development, production,
                           maintenance (including customer phone support), and
                           fulfillment related to the Service.

                  (b)      Marketing and Content. Coordinate all on-line
                           marketing efforts and work closely with WRIGHT and
                           her representatives regarding new content areas, and
                           other initiatives to ensure that WRIGHT maximizes its
                           association with PTN.

2.                Use of Wright's Name and Likeness. WRIGHT grants to PTN the
                  non-exclusive, nontransferable right to use her name and
                  likeness as reasonably necessary to create, distribute, and
                  promote the Service and to repackage and reformat information
                  contained in, or related to, the Service for promotional,
                  advertising and distribution-for-profit uses, in all media,
                  including but not limited to, print and electronic media. PTN
                  acknowledges that WRIGHT will not accept uses, which are in
                  conflict with WRIGHT's existing or prospective agreements, and
                  shall notify WRIGHT of the intended use of her name and
                  likeness before they are used and any such use shall be
                  subject to WRIGHT's prior written approval.

                  (a)      For this purpose, upon execution by PTN, WRIGHT shall
                           provide to PTN with the use of then unpublished
                           photographs of herself, with respect to which WRIGHT
                           has full ownership rights. Wright shall be available
                           for a photo shoot (set up by PTN) for up to eight (8)
                           hours at a mutually agreed upon time. No payment is
                           owed by PTN to WRIGHT for this photo shoot or
                           resulting from the photo shoot, except that PTN will
                           bear all reasonable costs and expenses associated
                           with the photo shoot production, as agreed between
                           the parties. During the Contract Period, PTN shall
                           have the right to use photographs obtained through
                           this photo shoot for the promotion and advertising of
                           the Service as set forth above. All rights to use the
                           photos shall cease upon termination of this
                           Agreement.
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                  (b)      PTN shall have the right to use the Wright name, and
                           all approved images, on the Web and on-line networks
                           subject to Wright's approval

                  (c)      PTN shall have the right to use the Wright name and
                           approved likenesses on Internet access software.

                  (d)      All rights of PTN to use the Wright name, likeness
                           and web address, www.chely.fashionwindow.com in
                           relation to the Service shall cease immediately upon
                           termination of this Agreement.

3.                Services to be Provided. Wright shall provide access to PTN
                  staff to gather or Transmit information related to the
                  following aspects of her activities as they relate to fashion,
                  style or beauty: names of designers or brands of clothing worn
                  on prerecorded music products, names of designers or brands of
                  clothing worn on any and all music videos, details on a
                  touring wardrobe, personal styling data such as fitness or
                  beauty details, advance notice of wardrobe choices prior to
                  appearances or attendance at any awards shows or public
                  appearances, and other data that might be of interest to the
                  audience and is mutually agreed upon by PTN and WRIGHT.

                  (a)      WRIGHT shall provide a voice recording of herself
                           welcoming persons to the Service.

                  (b)      At least once per quarter, Wright shall be available
                           (by telephone or in-person, at her option) at
                           mutually agreed upon times (with no more than one
                           hour of actual time on-line per occasion), to conduct
                           exclusive interviews and/or chat sessions.

4.                WRIGHT's Availability. WRIGHT agrees to devote such time as
                  deemed necessary in PTN's reasonable discretion toward
                  performances of her duties hereunder. Whenever WRIGHT is
                  available, PTN understands and agrees that any such occasion
                  is subject to WRIGHT's personal and professional schedule. If
                  WRIGHT confirms her availability and subsequently is unable to
                  appear due to illness, injury, or other emergency, such
                  non-appearance shall not constitute a breach of this Agreement
                  and WRIGHT shall not be responsible for any losses or expenses
                  incurred from such non-appearance.

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5.                Payments by PTN.

                  Site Revenues. If paid advertising is sold on the area of FW
                  located at www.chely.fashionwindow.com, revenue will be
                  divided evenly between Wright and PTN.

                  PTN common stock. Immediately upon final signature, Wright
                  shall be granted fifteen thousand (15,000) shares of free
                  trading, registered common stock of PTN Media Inc. as payment
                  for services to be rendered during the contract period. Wright
                  will be granted an additional fifteen thousand (15,000) shares
                  of free trading, registered common stock of PTN Media Inc. on
                  the first anniversary of final signature of this agreement.
                  The certificates shall be issued as follows: 12,750 to WRIGHT
                  and 2,250 to Titley Spalding and Associates for each contract
                  year.

                  (a)      PTN will make any payments due to WRIGHT under this
                           Agreement on a monthly basis, within fifteen (15)
                           days following the end of the applicable calendar
                           month. Each such payment shall be accompanied by a
                           statement showing in reasonable detail how such
                           payment was computed.

                  (b)      PTN shall keep true and complete books and records in
                           which all information necessary to determine and
                           verify all fees and payments contemplated hereunder
                           shall be reflected along with the amounts payable to
                           WRIGHT under the terms of this Agreement. PTN shall
                           maintain such books and records for a period of at
                           least (2) years after the termination of the Contract
                           Period. During the contract Period, and for a period
                           of two (2) years after the Contract Period, WRIGHT
                           shall have the right, at its expense and upon
                           reasonable notice to PTN, to examine or have examined
                           by its authorized representative, PTN's books and
                           records, at PTN's principal place of business, in
                           order to determine or verify all amounts due, and the
                           accuracy of any reports furnished by PTN under this
                           Agreement. In the event that an error is discovered
                           in the calculation of the amounts payable by PTN to
                           WRIGHT, the party that received the benefit of the
                           error shall promptly thereafter pay to the other the
                           amount of overpayment. If any underpayment by PTN for
                           any period examined by WRIGHT is five percent (5%) or
                           more, PTN shall pay WRIGHT's reasonable out-of-pocket
                           costs with respect to such examination and the next
                           subsequent re-examination. WRIGHT's receipt of any
                           statement, or any payment does not preclude it from
                           challenging the correctness of that statement or
                           payment.

                  (c)      PTN shall reimburse WRIGHT promptly upon receipt of
                           an invoice therefor of all reasonable out-of-pocket
                           expenses incurred by WRIGHT under this Agreement and
                           approved by PTN in advance.
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6.                Provisions of Content, Additional Responsibilities of PTN and
                  WRIGHT. For purposes of this Agreement, the term WRIGHT
                  information means all information created and/or delivered by
                  WRIGHT to PTN for inclusion in the Service, including any
                  trademark, service mark, trade name or logo, or other
                  intellectual property, whether or not registered, included in
                  such information. WRIGHT shall be solely responsible for the
                  content of all WRIGHT Information, and represents and warrants
                  to PTN that to the best of WRIGHT's knowledge (i) all WRIGHT
                  Information: (A) will be accurate and WRIGHT's own and
                  original creation, except for information validly licensed for
                  use by WRIGHT or in the public domain; (B) will consist only
                  of information that WRIGHT is authorized to use and to
                  authorize PTN to use as contemplated in this Agreement; (C) to
                  the best of WRIGHT's knowledge, will not constitute a libel or
                  defamation or conflict with any copyright, right of privacy or
                  other rights of any third party; and (D) will conform to all
                  applicable federal, state and local laws and regulations; and
                  (ii) WRIGHT has the full right and authority to grant the
                  rights and consents set forth herein. PTN shall be entitled at
                  any time to bring any concerns it has regarding WRIGHT
                  Information to the attention of WRIGHT, whereupon the parties
                  will cooperate in good faith to address PTN's concerns.
                  Subject only to the next sentence, PTN shall distribute WRIGHT
                  Information only as transmitted by WRIGHT, and shall not
                  authorize any third party to modify or edit such Information
                  without Wright's prior written consent. If PTN, in its
                  reasonable judgment, believes that immediate action is
                  required with regard to any WRIGHT Information, PTN may
                  delete, modify or revise such information, provided that PTN
                  shall notify WRIGHT of such action prior thereto, if
                  reasonably possible (or, if not, as soon thereafter as
                  practicable) and all representations, warranties,
                  indemnifications and other obligations of WRIGHT wherever with
                  respect to such WRIGHT Information shall immediately terminate
                  and be of no force and effect.

                  (a)      Transmission of WRIGHT Information. WRIGHT shall
                           transmit to PTN all WRIGHT Information and updates
                           thereof necessary for inclusion in the Service.
                           Information and updates shall be transmitted by
                           telephone or electronically in a format to be agreed
                           upon by PTN and WRIGHT, on a pre-scheduled basis
                           and/or as such information and updates become
                           available, as the case may be. PTN shall provide
                           WRIGHT with a Service number or numbers that will
                           allow WRIGHT to gain access to the Service at no cost
                           or charge for purposes of electronically delivering
                           WRIGHT Information and content updates. All content
                           supplied by WRIGHT shall be consistent with the
                           editorial standards used by PTN for content displayed
                           on the Service (which standards PTN reserves the
                           right to amend from time to time) provided PTN timely
                           and accurately conveys such standards to WRIGHT.

                  (b)      Right, Title and Interest to WRIGHT Information. All
                           right, title and interest in WRIGHT Information,
                           WRIGHT Information, and Wright's name and likeness
                           are and shall remain Wright's, subject to the right
                           and license granted to PTN herein. PTN shall have the
                           right, at no cost, to use, display (privately or
                           publicly) and distribute WRIGHT Information, or any
                           portion thereof, on the Service or in connection with
                           any demonstration, promotion or advertisement of the
                           Service in any medium; to enter WRIGHT Information
                           into PTN's computer database; and to store, process,
                           retrieve and transmit the same on the Service. Any
                           use of the WRIGHT name and likeness, or WRIGHT
                           Information, shall be subject to Wright's prior
                           consent (which consent shall not be unreasonably
                           withheld). PTN's rights hereunder shall include the
                           right to offer subscribers the option of printing and
                           downloading WRIGHT Information or any portion thereof
                           as a function of the Service generally.
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                  (c)      Operation of Service: Non-WRIGHT Information, Charges
                           for Service. PTN will have sole discretion to
                           determine all aspects of the operation of the Service
                           and all matters relating to the content, structure
                           and sequence of material appearing on the Service.
                           PTN represents and warrants to WRIGHT that, to the
                           best of PTN's knowledge, all content on the Service
                           other than WRIGHT Information (to the extent not
                           revised, modified or deleted by PTN) ("Non-WRIGHT
                           Information"), (A) will be accurate and PTN's own and
                           original creation, except for information validly
                           licensed for use by PTN or in the public domain; (B)
                           will consist only of information that PTN is
                           authorized to use; (C) will not constitute a libel or
                           defamation or conflict with any copyright, right of
                           privacy or other rights of, any third party; and (D)
                           will conform to all applicable federal, state and
                           local laws and regulations.

                  (d)      Non-WRIGHT Information. PTN has the full right and
                           authority to grant the rights and consents set forth
                           herein. WRIGHT shall be entitled at any time to bring
                           any concerns it has regarding Non-WRIGHT Information
                           to the attention of PTN, whereupon the parties will
                           cooperate in good faith to address Wright's concerns.
                           Nothing in this Agreement shall limit PTN's rights
                           regarding charges for any aspect of the Service
                           (including any product or service offered by PTN,
                           whether alone or in conjunction with others, through
                           means of the Service). All right, title and interest
                           to PTN's name, trade name(s), trademark(s) and
                           service mark(s) ("PTN Trademarks") are and shall
                           remain PTN's. Nothing herein shall be deemed to grant
                           WRIGHT any proprietary rights to any of PTN's trade
                           name(s), trademark(s) or service mark(s). WRIGHT
                           shall have the right to use PTN Trademarks in
                           connection with advertising and promoting the
                           Service, subject to PTN's prior written consent, not
                           to be unreasonably withheld.

                  (e)      Compliance with Applicable Law. PTN will be solely
                           responsible to ensure that all aspects of the Service
                           (other than the WRIGHT Information, to the extent not
                           modified or revised by PTN), including the promotion
                           thereof, shall comply with applicable law.

                  (f)      Subscriber Agreement. PTN will distribute a
                           subscriber agreement prohibiting republication,
                           redistribution, public broadcast, public display,
                           resale, offering for resale or other commercial
                           exploitation of copyrighted or trademarked materials
                           published in the Service without the copyright or
                           trademark owner's consent.

                  (g)      Compliance with Industry Standards. PTN represents
                           and agrees that the Service will at all times during
                           the Agreement be a first-class service, in content
                           and technical quality, and that the Service will
                           comply with all on-line broadcasting industry
                           standards.
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                  (h)      Database from Service. PTN shall own all information
                           received through the Service, including all names,
                           addresses, mail, and other information relating to
                           users of the Service obtained by PTN through the
                           Service, except that WRIGHT shall have access to the
                           mailing list obtained through the Service to use for
                           her own purposes. PTN agrees not to use any
                           information obtained through the Service in any way
                           to imply an endorsement by WRIGHT of any product or
                           service following the termination of this Agreement.

7.                Exclusivity. During the term of this Agreement and subject to
                  the remainder of this Section, WRIGHT shall not: (i) license
                  the use of the WRIGHT name or likeness for any web site
                  dedicated to fashion, style and beauty that could reasonably
                  be considered competitive with fashionwindow.com or (ii) be
                  employed by, act as a consultant to or otherwise render
                  services similar in the aggregate to those provided hereunder
                  with respect to any on-line service. This Paragraph is not
                  intended to prohibit WRIGHT from advertising on other sites,
                  providing services for other sites or on-line services such as
                  acting in a program to be broadcast over the Internet,
                  maintaining her own web site or licensing The WRIGHT name or
                  the likeness on the web sites of Wright's licensees or others,
                  or participating in on-line interviews or articles.

                  (a)      WRIGHT is not responsible for initiating action
                           against, enjoining or otherwise attempting to
                           dissuade any person or entity not licensed by WRIGHT
                           which in contravention of this Agreement uses the
                           WRIGHT name or likeness in promoting or advertising
                           any products or services which are the same as or
                           similar to or directly competitive with the service.
                           WRIGHT shall not incur any liability to PTN or any
                           third party arising out of any such activity by any
                           such person or entity. WRIGHT agrees that at PTN's
                           sole cost and expense, WRIGHT shall give such
                           reasonable assistance to PTN as may be required to
                           cause any such person or entity to cease and desist
                           from such activities, or in connection with any
                           lawsuit or other proceeding by PTN against such
                           person or entity.

8.                Contract Period. The Contract Period will begin on the date of
                  this Agreement and will continue until the second anniversary
                  of the date the Service was launched (the "Termination Date"),
                  and thereafter may be extended for up to two (2) additional
                  one year periods upon written notice from PTN to WRIGHT at
                  least 30 days in advance of the then-effective Termination
                  date.

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                  (a)      Morals. If at any time during the Contract Period the
                           commercial association of PTN with WRIGHT is
                           substantially impaired by reason of her conviction of
                           a felony or commission of an act, which offends a
                           demonstrable majority of the people in the U.S., PTN
                           shall have the right to terminate this Agreement on
                           written notice to WRIGHT. Wright shall have the right
                           to terminate this Agreement on written notice to PTN
                           if at any time PTN Media is convicted of a felony or
                           commits an act, which offends a demonstrable number
                           of people in the United States.

9.                Confidentiality. All information disclosed by either party to
                  the other party, including but not limited to the terms and
                  conditions of this Agreement or any other agreement between
                  the parties, trade secrets of the party, any nonpublic
                  information relating to any party s product plans, designs,
                  ideas, concepts, costs, prices, finances, marketing plans,
                  business opportunities, personnel, research, development or
                  know-how and any other nonpublic technical or business
                  information of a party, that is marked "Confidential" or
                  identified by the disclosing party in writing as confidential
                  before or within thirty days after disclosure to the receiving
                  party, will be treated as confidential by the receiving party
                  and not disclosed to any third party without the disclosing
                  party's prior written consent. "Confidential Information" as
                  referred to in this Section does not include (a) information
                  that is generally available to the public other than as a
                  result of disclosure in violation of this Agreement, (b)
                  information already known or which becomes known to the
                  receiving party from a third party source which is not, to the
                  receiving party's knowledge, under an obligation of
                  confidentiality, (c) information independently developed by
                  the receiving party (as shown by competent documentation), and
                  (d) otherwise confidential information that is required to be
                  disclosed by law, including administrative or judicial action.
                  Any breach of these confidentiality provisions will entitle
                  the injured party to see injunctive relief and damages.

10.               Insurance. PTN agrees to provide and maintain, at its own
                  expense, product liability insurance with limits of no less
                  than $1,000,000.00 and within thirty (30) days from the date
                  hereof, PTN will submit to Licensor a fully paid policy or
                  certificate of insurance naming Licensor and WRIGHT as insured
                  parties, requiring that the insurer shall not terminate or
                  materially modify such policy without written notice to
                  Licensor at least twenty (20) days in advance thereof.

11.               Indemnification.

                  (a)      PTN Indemnification. PTN hereby indemnifies and
                           agrees to defend and hold WRIGHT and WRIGHT free and
                           harmless from and against all claims, costs,
                           liabilities, judgments, expenses or damages
                           (including reasonable attorneys' fees) (collectively,
                           "Damages") arising out of or in connection with (i)
                           any information, other than WRIGHT Information (to
                           the extent not deleted, modified or revised by PTN),
                           displayed on the Service, (ii) any breach of any
                           representation, warranty or covenant of PTN hereunder
                           or (iii) any use of or reference to Wright's name or
                           logo or Wright's name or likeness not expressly
                           permitted hereunder or based upon PTN's use of any
                           intellectual property other than Wright's name or
                           logo or Wright's name or likeness; except to the
                           extent any such Damages arise from the gross
                           negligence or willful misconduct of WRIGHT or its
                           employees or WRIGHT.
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                  (b)      WRIGHT Indemnification. WRIGHT hereby indemnifies and
                           agrees to defend and hold PTN free and harmless from
                           and against all Damages arising out of or in
                           connection with (i) relating to any WRIGHT
                           Information displayed on the Service (to the extent
                           not deleted, modified or revised by PTN), (ii) any
                           breach of any representation or warranty of WRIGHT
                           hereunder, or (iii) any use of or references to PTN's
                           name or logos not expressly permitted hereunder,
                           except to the extent such Damages arise from the
                           gross negligence or willful misconduct of PTN or its
                           employees.

                  (c)      No Liability for Punitive or Consequential Damages.
                           Notwithstanding anything stated or implied to the
                           contrary herein, in no event shall either party be
                           liable to the other for exemplary, punitive or
                           consequential damages, even if advised of the
                           possibility of such damages, in any manner arising
                           out to this Agreement or the breach of any term,
                           covenant, representation, warranty or obligation
                           contained herein.

                  (d)      Notification. Each party shall notify the other as
                           soon as reasonably possible of any claim of which it
                           becomes aware.

12.               Remedies.

                  (a)      Injunctive Relief. In the event either party
                           materially breaches this Agreement, PTN and WRIGHT
                           agree that, in addition to any and all other remedies
                           available at law or in equity, the non-breaching
                           party shall be entitled to injunctive relief to the
                           extent permitted by law from further violation of
                           this Agreement, during any proceeding as well as on
                           final determination thereof, without prejudice to any
                           other right of either party.

                  (b)      Wright's Liability not to Exceed Remuneration Paid to
                           WRIGHT by PTN. Notwithstanding anything to the
                           contrary herein, in the event PTN incurs any
                           expenses, damages or other liabilities (including,
                           without limitation, reasonable attorneys' fees) in
                           connection with this Agreement or Wright's services,
                           Wright's liability to PTN hereunder shall not exceed
                           the remuneration, excluding reimbursement of
                           expenses, actually paid to WRIGHT by PTN hereunder.

<PAGE>
13.               Relationship of the Parties. The parties to this Agreement are
                  independent contractors, and this Agreement shall not be
                  construed to create a partnership, joint venture, employment
                  or principal agent relationship between the parties. Each
                  party shall be solely responsible to compensate any employees,
                  agents or representatives employed or engaged by it to perform
                  duties under this Agreement and for all taxes, imposts, duties
                  and all charges of any governmental authority arising from its
                  activities under this Agreement. Neither PTN nor WRIGHT, nor
                  any other person or entity employed by either PTN or WRIGHT,
                  are authorized to make any warranty concerning the other party
                  or incur or assume any obligation or liability for the other
                  party and nothing in this Agreement gives or is intended to
                  give any rights of any kind to any third party, except as
                  expressly set forth herein.

14.               Amendment, Waiver. No amendment to this Agreement shall be
                  valid unless such amendment is in writing and is signed by
                  both of the parties to this Agreement. Any of the terms and
                  conditions of this Agreement may be waived at any time in
                  writing by the party entitled to the benefit thereof, but a
                  waiver in one instance shall not be deemed to constitute a
                  waiver in any other instance. A failure to enforce any
                  provision of this Agreement shall not operate as a waiver of
                  the provision or of any other provision hereof.

15.               Severability. In the event that any provision of this
                  Agreement shall be held to be invalid, illegal or
                  unenforceable in any circumstances, the remaining provisions
                  shall nevertheless remain in full force and effect and shall
                  be construed as if the unenforceable portion or portions were
                  deleted.

16.               Governing Law. This Agreement shall be governed by and
                  construed and enforced in accordance with the laws of the
                  State of New York.

17.               Jurisdiction. Any and all suits or actions, whether federal or
                  state, for any breach of this Agreement, or otherwise arising
                  out of this Agreement, shall be filed and prosecuted in any
                  court of competent jurisdiction in the City of New York. The
                  parties hereto hereby consent and submit to the jurisdiction
                  of the courts in the City of New York, State of New York.

18.               Notices. All notices or other communications hereunder shall
                  be in writing and shall be deemed to be given or made: on the
                  same business day when sent by confirmed facsimile, on the
                  next business day after mailing when delivered by overnight
                  courier or on the fifth business day after mailing if sent by
                  first-class, registered or certified mail to the following
                  address or addresses or such other address or addresses as the
                  parties may designate in writing in accordance with this
                  Section:

                       If to PTN:             PTN MEDIA INC.
                                              2750 S. State Street
                                              Ann Arbor, MI  48105

                       with a copy to:        Lehman and Eilen
                                              30 Charles Lindbergh Blvd.
                                              Uniondale, New York 11053
                                              Attn: Hank Gracin
                                              Telephone No. 516-222-0888

                       If to WRIGHT:          300 Tenth Avenue South
                                              Nashville, Tennessee 37203

<PAGE>

19.               Assignment. This Agreement shall be binding upon and inure to
                  the benefit of the parties and their respective successors and
                  permitted assigns. Neither party may assign its rights or
                  obligations hereunder without the prior written consent of the
                  other party.

20.               Execution in Counterparts. This Agreement may be executed by
                  the parties in counterparts, each of which when so executed
                  and delivered shall be deemed to be an original and all of
                  which when taken together shall constitute one and the same
                  agreement. This Agreement may be executed by facsimile, and
                  signatures on a facsimile copy hereof shall be deemed
                  authorized original signatures.

         IN WITNESS WHEREOF, each of the parties has executed this Agreement as
of the date first above written.

CHELY WRIGHT                                  PTN MEDIA, INC.

/s/ Chely Wright                              By:  /s/ Peter Klamka
-------------------------                     ------------------------------
                                              Name:  Peter Klamka
                                              Title:  President<PAGE>

                           WEB SITE LICENSE AGREEMENT

     This Web Site License Agreement between Double M Holdings, Inc. f/s/o Mandy
Moore, (Fed. ID. #59-3609670) ("MOOR") c/o William Morris Agency, Inc., 1325
Avenue of the Americas, New York, NY 10019, Attn. Glenn A. Gulino ("MOORE"), and
PTN MEDIA, INC., a Delaware Corporation, with offices located at 2750 S. State
Street Ann Arbor, Michigan 48104 ("PTN").

     PTN desires to acquire from MOORE certain rights pursuant to this
non-exclusive License Agreement for an on-line Internet service and, MOORE is
willing to grant such license and to render her services as hereinafter
provided. In consideration of the mutual agreements and covenants set forth in
this Agreement, the parties agree as follows:

     1.   Establishment of Service. PTN will design, produce and maintain a
designated area of approved content accessible to users of the Internet at
www.fashionwindow.com/mandymoore (the "Service"). Access to the Service will be
free of charge. PTN may also develop "premium features", as well as a "boutique"
that will permit visitors to the service to purchase approved merchandise
licensed, endorsed or selected by MOORE ("Boutique Merchandise"); any such
Boutique Merchandise would contain such content and be offered at prices and on
terms, as may be mutually agreed by PTN and MOORE. In connection with the
service, PTN will, at its sole cost and expense:

          (a)  Design and Maintenance. Maintain full responsibility for the
               design, technical development, production, maintenance (including
               customer phone support), and fulfillment related to the Service.

          (b)  Marketing and Content. Coordinate all on-line marketing efforts
               and work closely with MOORE and her representatives regarding new
               content areas, Boutique Merchandise and other initiatives to
               ensure that MOORE maximizes its association with PTN; and

          (c)  Customer Service and Billing. Be responsible for all customer
               service, (excluding distribution, fulfillment, and shipping of
               Boutique Merchandise - if any) technical support, billing, credit
               card authorization and processing associated with the Service and
               the sale of Boutique merchandise. In the event Moore authorizes
               the sale of Boutique Merchandise pursuant to this Agreement, PTN
               shall be responsible for distribution, fulfillment and shipping
               on a fee basis and upon terms and conditions as are mutually
               agreed to in writing by the parties hereto.

                                                                               1
<PAGE>

     2.   Use of MOORE's Name and Likeness.

          (a)  MOORE grants to PTN the nontransferable right to use her name and
               approved likeness as reasonably necessary to create, distribute,
               and promote the Service and to repackage and reformat information
               contained in, or related to, the Service for promotional,
               advertising and distribution-for-profit uses, in electronic media
               as set forth herein. MOORE acknowledges and agrees that PTN will
               advertise Fashionwindow.com in select print media and such
               advertisements wilt be subject to MOORE's sole approval where
               said print advertisement incorporates MOORE's name and likeness.
               PTN acknowledges that MOORE will not accept uses that are in
               conflict with MOORE's existing or prospective agreements and
               shall notify MOORE of the intended use of her name and likeness
               before they are used and any such use shall be subject to MOORE's
               prior written approval. Notwithstanding the foregoing, PTN
               acknowledges that nothing contained herein obligates MOORE to
               expressly endorse Fashionwindow.com.

          (b)  For this limited purpose, upon execution by PTN, MOORE shall
               provide for PTN's use, unpublished photographs of herself, with
               respect to which MOORE has full ownership rights. In addition,
               MOORE shall be available for a photo shoot (set up by PTN) for up
               to eight (8) hours, including meal breaks and rest periods, at a
               mutually agreed upon time. Moore shall have a reasonable right of
               approval as to the photographer and Moore shall approve the hair
               and make-up artist in her sole discretion. No payment is owed by
               PTN to MOORE for this photo shoot or resulting from the photo
               shoot, except that PTN will bear all costs and expenses
               associated with the photo shoot production, as agreed between the
               parties. During the Contract Period, PTN shall have the exclusive
               right to use photographs obtained through this photo shoot and
               approved by MOORE, solely for the creation, promotion and
               advertising of the Service as set forth above. Notwithstanding
               the foregoing, MOORE shall have the limited right to use said
               photographs for certain off-line merchandise and marketing
               endeavors subject to PTN's written consent, such consent shall
               not be unreasonably withheld. All of PTN's rights to use the
               photos shall cease upon termination of this Agreement. Upon the
               termination of this Agreement, PTN shall assign and transfer all
               ownership rights in the photographs to Moore for her exclusive
               use in perpetuity.

          (c)  PTN shall have the non-exclusive right to use the MOORE name, and
               all approved images, on the Web and on-line networks subject to
               MOORE's prior approval. PTN shall obtain all clearances and
               consents required for such uses hereunder.

          (d)  All rights of PTN to use the MOORE name, likeness and web
               address, www.fashionwindow.com/mandymoore in relation to the
               Service shall cease immediately upon termination of this
               Agreement.

                                                                               2
<PAGE>

     3.   Services to be Provided.

          (a)  MOORE shall be available for one (1) promotional appearance per
               year not to exceed four (4) hours each, to be arranged by PTN at
               a mutually agreeable time and place, subject to MOORE's
               availability, to promote the Service. PTN shall pay all
               reasonable expenses associated with the Promotional Appearances.
               All promotional appearances shall include one (1) first class
               airfare, two (2) coach airfares, first class ground
               transportation, one hundred ($100) per diem each for MOORE, her
               manager and guardian, and three (3) first class hotel
               accommodations for MOORE.

          (b)  MOORE shall approve and provide a voice recording of herself
               welcoming persons to the Service at PTN's approved expense;

          (c)  At least once per quarter, MOORE shall be available (by telephone
               or in-person at her option) at mutually agreed upon times (with
               no more than one hour of actual time on-line per occasion), to
               conduct exclusive interviews and/or chat sessions.

     4.   MOORE's Availability. MOORE acknowledges and agrees to devote such
     time as reasonably necessary toward performances of her duties hereunder.
     Whenever MOORE is available, PTN understands and agrees that any such
     occasion is subject to MOORE's personal and professional schedule.

     5.   Payments by PTN.

          (a)  Initial Contract Period. Upon execution PTN shall transfer to
               MOORE Full title, ownership, and interest in one hundred
               twenty-five thousand dollars ($125,000.00) of PTN Media common
               stock (the "Initial Stock Payment). It is further agreed that one
               (1) year after execution hereof, in the event MOORE has not sold
               or transferred the Initial Stock Payment (evidenced by the stock
               certificate or certified broker's statement) and to the extent
               the total value of said Initial Stock Payment (as reflected in
               the Wall Street Journal one year from the execution hereof) is
               less than one hundred thousand dollars ($ 100,000.00), PTN shall
               transfer to MOORE additional PTN Media common stock such that the
               total value of said Initial Stock Payment is not less than one
               hundred thousand dollars ($l00,000.00).

          (b)  Option Contract Period. Subject to the Terms and conditions set
               forth in paragraph 8.(b) herein, on the Anniversary Date hereof,
               PTN shall transfer to MOORE full title, ownership, and interest
               in an additional one hundred twenty-five thousand dollars
               ($125,000.00) of PTN Media common stock (the "Second Stock
               Payment). It is further agreed that one (1) year after transfer
               hereof, in the event MOORE has not sold or transferred the
               Initial Stock Payment (evidenced by the stock certificate or
               certified broker's statement) and to the extent the total value
               of said Second Stock Payment (as reflected in the Wall Street

                                                                               3
<PAGE>

               Journal one year from the transfer hereof) is less than one
               hundred thousand dollars ($100,000.00), PTN shall transfer to
               MOORE additional PTN Media common stock such that the total value
               of said Second Stock Payment is not less than one hundred
               thousand dollars ($100,000.00).

          (c)  Where applicable, PTN will make any further payments due to MOORE
               under this Agreement on a quarterly basis, within fifteen (15)
               days following the end of the applicable calendar month. A
               statement showing in reasonable detail how such payment was
               computed shall accompany each such payment.

          (d)  PTN shall keep true and complete books and records in which all
               information necessary to determine and verify all fees and
               payments contemplated hereunder shall be reflected along with the
               amounts payable to M00RE under the terms of this Agreement. PTN
               shall maintain such books and records for a period of at least
               three (3) years after the termination of the Contract Period.
               During the contract Period, and for a period of two (2) years
               after the Contract Period, MOORE shall have the right, at its
               expense and upon reasonable notice to PTN, to examine or have
               examined by its authorized representative, PTN's books and
               records, at PTN's principal place of business, in order to
               determine or verify all amounts due, and the accuracy of any
               reports furnished by PTN under this Agreement. In the event that
               an error is discovered in the calculation of the amounts payable
               by PTN to MOORE, the party that received the benefit of the error
               shall promptly thereafter pay to the other the amount of
               overpayment. If any underpayment by PTN for any period examined
               by MOORE is five percent (5%) or more, PTN shall pay MOORE's
               reasonable out-of-pocket costs with respect to such examination
               and the next subsequent re-examination. MOORE's receipt of any
               statement, or any payment does not preclude it from challenging
               the correctness of that statement or payment.

          (e)  PTN shall reimburse MOORE promptly upon receipt of an invoice for
               all reasonable out-of-pocket expenses incurred by MOORE under
               this Agreement and approved in writing by PTN. Upon execution
               hereof, PTN shall transfer to the William Morris Agency full
               title and ownership to $12,500.00 worth of PTN Media common stock
               ("Initial Commission Payment).

          (f)  Subject to the terms and conditions set forth herein, one year
               from execution hereof, PTN shall transfer to the William Morris
               Agency full title and ownership to an additional $12,500.00 worth
               of PTN Media common stock ("Final Commission Payment").

     6.   Provisions of Content, Additional Responsibilities of PTN and MOORE.

          (a)  For purposes of this Agreement, the phrase "MOORE Information"
               means all information created and/or delivered by MOORE to PTN
               for inclusion in the Service, including any trademark, service
               mark, trade name or logo, or other intellectual property, whether

                                                                               4
<PAGE>
               or not registered, included in such information. MOORE shall
               deliver Moore Information on a monthly basis. Said Moore
               Information shall be no less than five hundred (500) words or two
               hundred fifty (250) words supplemented with any "on-line
               exclusive" photo (tour photos, etc.) of her choice. MOORE,
               through her stylist, trainer and manager, shall be solely
               responsible for the content of all MOORE Information, and
               represents and warrants to PTN that to the best of MOORE's
               knowledge (i) all MOORE information: (A) that will be accurate
               and MOORE'S own and original creation, except for information
               validly licensed for use by MOORE or in the public domain; (B)
               will consist only of information that MOORE is authorized to use
               and to authorize PTN to use as contemplated in this Agreement;
               (C) to the best of MOORE's knowledge, will not constitute a libel
               or defamation or conflict with any copyright, right of privacy or
               other rights of any third party; and (D) will conform to all
               applicable federal, state and local laws and regulations; and
               (ii) MOORE, her guardians and representatives, has the full right
               and authority to grant the rights and consents set forth herein.
               PTN shall be entitled at any time to bring any concerns it has
               regarding MOORE Information to the attention of MOORE, whereupon
               the parties will cooperate in good faith to address PTN's
               concerns. Subject only to the next sentence, PTN shall distribute
               MOORE Information only as transmitted by MOORE, and shall not
               authorize any third party to modify or edit such Information
               without MOORE's prior written consent.

          (b)  Transmission of MOORE Information. MOORE shall transmit to PTN
               all MOORE Information and updates thereof necessary for inclusion
               in the Service (including any Boutique Merchandise) on a monthly
               basis. Information and updates shall be transmitted by telephone
               or electronically in a format to be agreed upon by PTN and MOORE,
               on a pre-scheduled basis and/or as such information and updates
               become available, as the case may be. PTN shall provide MOORE
               with a Service number or numbers that will allow MOORE to gain
               access to the Service at no cost or charge for purposes of
               electronically delivering MOORE Information and content updates.
               All content supplied by MOORE shall be consistent with the
               editorial standards used by PTN for content displayed on the
               Service (which standards PTN reserves the right to amend from
               time to time) provided PTN timely and accurately conveys such
               standards to MOORE.)

          (c)  Right, Title and Interest to MOORE Information. All right, title
               and interest in MOORE Information, MOORE Information, and MOORE's
               name and likeness are and shall remain MOORE's, subject to the
               rights and license granted to PTN herein. Subject to the
               limitations set forth herein, PTN shall have the right, at no
               cost, to use, display (privately or publicly) and distribute
               MOORE Information, or any portion thereof, on the Service or in
               connection with any demonstration, promotion or advertisement of
               the Service; to enter MOORE Information into PTN's computer
               database; and to store, process, retrieve and transmit the same
               on the Service during the Term. PTN shall have the exclusive

                                                                               5
<PAGE>

               Internet broadcast rights only to the MOORE Information created
               by MOORE pursuant to this Agreement. Any use of the MOORE name
               and likeness, or MOORE Information, shall be subject to MOORE's
               prior consent (which consent shall not be unreasonably withheld).
               PTN's rights hereunder shall include the right to offer
               subscribers the option of printing and downloading MOORE
               Information or any portion thereof as a function of the Service
               generally.

          (d)  Operation of Service: Non-MOORE Information, Charges for Service.
               PTN will have sole discretion to determine all aspects of the
               operation of the Service and all matters relating to the content,
               structure and sequence of material appearing on the Service. PTN
               represents and warrants to MOORE that, to the best of PTN's
               knowledge, all content on the Service other than MOORE
               Information (to the extent not revised, modified or deleted by
               PTN) ("Non-MOORE Information"), (A) will be accurate and PTN's
               own and original creation, except for information validly
               licensed for use by PTN or in the public domain; (B) will consist
               only of information that PTN is authorized to use; (C) will not
               constitute a libel or defamation or conflict with any copyright,
               right of privacy or other rights of, any third party; and (D)
               will conform to all applicable federal, state and local laws and
               regulations.

          (e)  Non-MOORE Information. PTN has the full right and authority to
               grant the rights and consents set forth herein. MOORE shall be
               entitled at any time to bring any concerns it has regarding
               Non-MOORE Information to the attention of PTN, whereupon the
               parties will cooperate in good faith to address MOORE's concerns.
               Nothing in this Agreement shall limit PTN's rights regarding
               charges for any aspect of the Service (including any product or
               service offered by PTN, whether alone or in conjunction with
               others, through means of the Service). All right, title and
               interest to PTN's name, trade name(s), trademark(s) and service
               mark(s) ("PTN Trademarks") are and shall remain PTN's. Nothing
               herein shall be deemed to grant MOORE any proprietary rights to
               any of PTN's trade name(s), trademark(s) or service mark(s).
               MOORE shall have the right to use PTN Trademarks in connection
               with advertising and promoting the Service, subject to PTN's
               prior written consent, not to be unreasonably withheld.

          (f)  Compliance with Applicable Law. PTN will be solely responsible to
               ensure that all aspects of the Service (other than the MOORE
               Information, to the extent not modified or revised by PTN),
               including the promotion thereof, shall comply with applicable
               law.

          (g)  Subscriber Agreement. PTN will distribute a subscriber agreement
               prohibiting republication, redistribution, public broadcast,
               public display, resale, offering for resale or other commercial
               exploitation of copyrighted or trademarked materials published in
               the Service without the copyright or trademark owner's consent.

                                                                               6
<PAGE>

          (h)  Compliance with Industry Standards. PTN represents and agrees
               that the Service will at all times during the Agreement be a
               first-class service, in content and technical quality, and that
               the Service will comply with all on-line broadcasting industry
               standards.

          (i)  Database from Service. PTN shall own all information received
               through the Service, including all names, addresses, mail, and
               other information relating to users of the Service obtained by
               PTN through the Service, except that MOORE shall have access to
               the mailing list obtained through the Service to use for her own
               purposes. PTN agrees not to use any information obtained through
               the Service in any way to imply an endorsement by MOORE of any
               product or service during or following the termination of this
               Agreement, except boutique Merchandise approved by MOORE.

     7.   Exclusivity

          (a)  During the term of this Agreement and subject to the remainder of
               this Section, MOORE shall not: (i) license the use of the MOORE
               name or likeness for any competing beauty, fashion or lifestyle
               web site or home page featuring MOORE or (ii) be employed by, act
               as a consultant to or otherwise render services similar in the
               aggregate to those provided hereunder with respect to fashion,
               beauty or lifestyle for any on-line service. This Paragraph does
               not prohibit MOORE from maintaining her own web-site, advertising
               on other sites, providing services for other non-competing sites
               or on-line services such as performing in a program to be
               broadcast over the Internet, having the MOORE name or the
               likeness on the web-sites of MOORE's licensees or others, or
               participating in on-line interviews or articles. The following
               MOORE licensees are not subject to or governed by this Agreement:
               (1) Neutrogena Inc.; (2) mandy.com or mandymoore.com; and (3)
               artistdirect.com.

          (b)  MOORE is not responsible for initiating action against, enjoining
               or otherwise attempting to dissuade any person or entity not
               licensed by MOORE, which in contravention of this Agreement uses
               the MOORE name or likeness in promoting or advertising any
               products or services which are the same as or similar to or
               directly competitive with the service. MOORE shall not incur any
               liability to PTN or any third party arising out of any such
               activity by any such person or entity. MOORE agrees that at PTN's
               sole cost and expense, MOORE shall give such reasonable
               assistance to PTN as may be required to cause any such person or
               entity to cease and desist from such activities, or in connection
               with any lawsuit or other proceeding by PTN against such person
               or entity.

          (c)  During the Term hereof, PTN shall not enter into a similar
               Agreement for the Site with another teen female performer
               appealing to the same demographic audience as MOORE.

                                                                               7
<PAGE>

     8.   Contract Period

          (a)  Initial Contract Period. The Initial Contract Period will begin
               on the execution date of this Agreement (the "Execution Date")
               and will continue for a period of one (1) year from the date the
               Service is launched (the "Anniversary Date"), unless terminated
               earlier or extended as provided herein. Said Service shall be
               launched no later than ninety (90) days after the full execution
               of this Agreement (the "Launch Date").

          (b)  Option Contract Period. On the Anniversary Date hereof, if PTN
               Media common stock is trading at a minimum of twenty-five percent
               (25%) greater than the trading price, established as of the
               Execution Date and as reflected in the Wall Street Journal on
               said Execution Date, AND the average hits/visits to
               fashionwindow.com has increased by an average of twenty-five
               percent (25%), measured from said Launch Date to the Anniversary
               Date (collectively, the "Benchmarks"), then one (1) additional
               year form the Anniversary Date hereof shall be added to the Term
               of this Agreement solely at PTN's discretion. If only one of the
               aforementioned Benchmarks is met, then either party hereto may
               elect to terminate this Agreement upon the Anniversary Date.

          (c)  Morals. If at any time during the Contract Period the commercial
               association of PTN with MOORE is substantially impaired by reason
               of her conviction of a felony or commission of an act involving
               moral turpitude, PTN shall have the right to terminate this
               Agreement, no later than thirty (30) days after learning of such
               event, on thirty (30) days written notice to MOORE. MOORE shall
               keep all compensation paid to date and PTN shall no longer have
               the right to use any MOORE Information after termination as set
               forth hereunder.

     9.   Confidentiality. All information disclosed by either party to the
     other party, including but not limited to the terms and conditions of this
     Agreement or any other agreement between the parties, trade secrets of the
     party, any nonpublic information relating to any party's product plans,
     designs, ideas, concepts, costs, prices, finances, marketing plans,
     business opportunities, personnel, research, development or know-how and
     any other nonpublic technical or business information of a party, that is
     marked "Confidential" or identified by the disclosing party in writing as
     confidential before or within thirty days after disclosure to the receiving
     party, will be treated as confidential by the receiving party and not
     disclosed to any third party without the disclosing party's prior written
     consent. "Confidential Information" as referred to in this Section does not
     include (a) information that is generally available to the public other
     than as a result of disclosure in violation of this Agreement, (b)
     information already known or which becomes known to the receiving party
     from a third party source which is not, to the receiving party's knowledge,
     under an obligation of confidentiality, (c) information independently
     developed by the receiving party (as shown by competent documentation), and
     (d) otherwise confidential information that is required to be disclosed by
     law, including administrative or judicial action. Any breach of these
     confidentiality provisions will entitle the injured party to seek
     injunctive relief and damages.

                                                                               8
<PAGE>

     10.  Insurance. PTN agrees to provide and maintain for the Term hereof and
     one year thereafter, at its own expense, product liability insurance with
     limits of no less than $3,000,000.00 and within (30) days from the date
     hereof, PTN will submit to Licensor a fully paid policy or certificate of
     insurance naming Licensor and MOORE as insured parties, requiring that the
     insurer shall not terminate or materially modify such policy without
     written notice to Licensor at least twenty (20) days in advance thereof.

     11.  Indemnification.

          (a)  PTN Indemnification. PTN hereby indemnifies and agrees to defend
               and hold MOORE free and harmless from and against all claims,
               costs, liabilities, judgments, expenses or damages (including
               reasonable attorneys' fees) (collectively, "Damages") arising out
               of or in connection with (i) any information, other than MOORE
               Information (to the extent not deleted, modified or revised by
               PTN), displayed on the Service, (ii) any breach of any
               representation, warranty or covenant of PTN hereunder, (iii) any
               use of or reference to MOORE's name or logo or MOORE's name or
               likeness not expressly permitted hereunder or based upon PTN's
               use of any intellectual property other than MOORE's name or logo
               or MOORE's name or likeness; except to the extent any such
               Damages arise from the gross negligence or willful misconduct of
               MOORE or its employees or MOORE, or (iv) any products produced by
               PTN, its agents or licensees relating to the Service hereunder.

          (b)  No Liability for Punitive or Consequential Damages.
               Notwithstanding anything stated or implied to the contrary
               herein, in no event shall either party be liable to the other for
               exemplary, punitive or consequential damages, even if advised of
               the possibility of such damages, in any manner arising out to
               this Agreement or the breach of any term, covenant,
               representation, warranty or obligation contained herein.

          (c)  Notification. Each party shall notify the other as soon as
               reasonably possible of any claim of which it becomes aware.

     12.  Remedies.

          (a)  Injunctive Relief. In the event either party materially breaches
               this Agreement, PTN and MOORE agree that, in addition to any and
               all other remedies available at law or in equity, the
               non-breaching party shall be entitled to seek injunctive relief
               to the extent permitted by law from further violation of this
               Agreement, during any proceeding as well as on final
               determination thereof, without prejudice to any other right of
               either party.

          (b)  MOORE's Liability not to Exceed Remuneration Paid to MOORE by
               PTN. Notwithstanding anything to the contrary herein, in the
               event PTN incurs any expenses, damages or other liabilities
               (including, without limitation, reasonable attorneys' fees) in

                                                                               9
<PAGE>

               connection with this Agreement or Moore's services, MOORE's
               liability to PTN hereunder shall not exceed the remuneration,
               excluding reimbursement of expenses, actually paid to MOORE by
               PTN hereunder.

     13.  Relationship of the Parties. The parties to this Agreement are
     independent contractors, and this Agreement shall not be construed to
     create a partnership, joint venture, employment or principal agent
     relationship between the parties. Each party shall be solely responsible to
     compensate any employees, agents or representatives employed or engaged by
     it to perform duties under this Agreement and for all taxes, imposts,
     duties and all charges of any governmental authority arising from its
     activities under this Agreement. Neither PTN nor MOORE, nor any other
     person or entity employed by either PTN or MOORE, are authorized to make
     any warranty concerning the other party or incur or assume any obligation
     or liability for the other party and nothing in this Agreement gives or is
     intended to give any rights of any kind to any third party, except as
     expressly set forth herein.

     14.  Amendment, Waiver. No amendment to this Agreement shall be valid
     unless such amendment is in writing and is signed by both of the parties to
     this Agreement. Any of the terms and conditions of this Agreement may be
     waived at any time in writing by the party entitled to the benefit thereof,
     but a waiver in one instance shall not be deemed to constitute a waiver in
     any other instance. A failure to enforce any provision of this Agreement
     shall not operate as a waiver of the provision or of any other provision
     hereof.

     15.  Severability. In the event that any provision of this Agreement shall
     be held to be invalid, illegal or unenforceable in any circumstances, the
     remaining provisions shall nevertheless remain in full force and effect and
     shall be construed as if the unenforceable portion or portions were
     deleted.

     16.  Governing Law. This Agreement shall be governed by and construed and
     enforced in accordance with the laws of the State of California.

     17.  Jurisdiction. Any and all suits or actions, whether federal or state,
     for any breach of this Agreement, or otherwise arising out of this
     Agreement, shall be filed and prosecuted in any court of competent
     jurisdiction in the City of Los Angeles, State of California. The parties
     hereto hereby consent and submit to the jurisdiction of the courts in the
     City of Los Angeles, State of California.

     18.  Notices. All notices or other communications hereunder shall be in
     writing and shall be deemed to be given or made; on the same business day
     when sent by confirmed facsimile, on the next business day after mailing
     when delivered by overnight courier or on the fifth business day after
     mailing if sent by first-class, registered or certified mail to the
     following address or addresses or such other address or addresses as the
     parties may designate in writing in accordance with this Section:

          If to PTN:                 PTN MEDIA INC.
                                     2750 S. State Street
                                     Ann Arbor, MI  48105

                                                                              10
<PAGE>

          with a copy to:            Bernard R. Cahill II, Esq.
                                     Cahill Law Office
                                     Music Row
                                     706 18th Avenue S.
                                     Nashville, TN 37203
                                     615-242-6777 phone
                                     615-255-4366 fax

          If to MOORE:               Mandy Moore
                                     C/o Glenn A. Gulino
                                     William Morris Agency, Inc.
                                     1325 Avenue of the Americas
                                     New York, NY 10019
                                     212-903-1129 phone
                                     212-903-1406 fax

          With copy to:              Jess L. Rosen, Esq.
                                     Greenberg Traurig
                                     Ivy Place
                                     3423 Piedmont Rd., N.E. 2nd Fl.
                                     Atlanta, GA 30306
                                     404-240-1125 phone
                                     404-237-5260 fax

     19.  Assignment. This Agreement shall be binding upon and inure to the
     benefit of the parties and their respective successors and permitted
     assigns. Neither party may assign its rights or obligations hereunder
     without the prior written consent of the other party.

     20.  Execution in Counterparts. This Agreement may be executed by the
     parties in counterparts, each of which when so executed and delivered shall
     be deemed to be an original and all of which when taken together shall
     constitute one and the same agreement. This Agreement may be executed by
     facsimile, and signatures on a facsimile copy hereof shall be deemed
     authorized original signatures.

     IN WITNESS WHEREOF, each of the parties has executed this Agreement as of
     the date set forth below.

DOUBLE M HOLDINGS, INC.                      PTN MEDIA, INC.

/s/  DON L. MOORE                            By: /s/ PETER KLAMKA
----------------------                       --------------------
Name:  DON L. MOORE                          Name:  Peter Klamka
Title: PRESIDENT                             Title: President

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