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                                                                   EXHIBIT 10.45

                    ACMECITY INTERACTIVE COMMUNITY AGREEMENT

                                  JUNE 14, 1999

        THE PARTIES (AS DEFINED BELOW) INTEND TO COOPERATE TO CREATE A
CO-BRANDED PERSONAL HOME PAGE COMMUNITY WITHIN THE EXISTING ACMECITY COMMUNITY.
THE PURPOSE OF THIS AGREEMENT IS TO SET FORTH THE FOLLOWING MUTUAL
UNDERSTANDINGS BY AND AMONG THE PARTIES RELATED TO THE COMMUNITY (AS DEFINED
HEREIN):

1. PARTIES. AcmeCity ("AcmeCity"), a Delaware LLC and Stan Lee Media, Inc., a
Delaware corporation ("Stan Lee"). AcmeCity is a joint venture between Warner
Bros. Online ("WB Online") and FortuneCity.com, Inc.

2. TERM.

        (a) The Term of this Agreement shall be 18 months from the date hereof.

        (b) AcmeCity shall have one (1) option to renew this Agreement for an
additional successive term of 18 months (the "Option"). The Option shall be
exercised by AcmeCity no later than 60 days prior to the expiration of the Term.

3. THE COMMUNITY. AcmeCity shall create the Community within AcmeCity for Stan
Lee fans or may create many communities representing various Stan Lee properties
(all of the communities shall be known as the "Community"). The Community is
intended to provide a forum for users who desire to create personal home pages
dedicated to Stan Lee characters, storylines or other Stan Lee Content (as
defined herein)

4. COMMUNITY DEVELOPMENT AND HOSTING. AcmeCity shall provide all site
development, design, production, maintenance, monitoring, hosting and
administrative functionality for the Community. AcmeCity shall have the right to
edit the Stan Lee Content for timing and space considerations. Except as
provided in the previous sentence, AcmeCity may not edit the Content without
Stan Lee's prior written approval.

5. STAN LEE CONTENT.

        (a) Stan Lee shall provide a sufficient supply of Stan Lee-branded
elements (e.g. Stan Lee artwork, images, logos, etc.) to AcmeCity for use in the
Community. Such materials shall be made available within 5 business days after a
request from AcmeCity. Such materials shall, in the mutual discretion of
AcmeCity and Stan Lee, give the Community a similar look and feel to Stan Lee's
official web site currently located at www.StanLee.net ("Stan Lee Online").

        (b) Stan Lee shall use its best efforts (including good faith
negotiation with Marvel Characters, Inc. to enter into a definitive agreement)
to provide the Community with digital assets related to Stan Lee created comic
characters and stories previously distributed the

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Marvel Comics brand (the "Marvel Assets"). The Marvel Assets shall also include
all artwork and depictions of the principal characters created by Mr. Stan Lee
and distributed by Marvel Characters, Inc. or its affiliates. The Marvel Assets
shall only be used for publicity, advertising, public relations, historical or
other related purposes, provided that such usages do not confuse ownership or
source of origin of the Marvel Assets and that such usages are given full
attribution of trademark and copyright to Marvel Characters, Inc. The Marvel
Assets shall be placed in a section of the Community called "history,"
"retrospective" or similar names. WB Online shall decide, in its sole
discretion, to exhibit or use the Marvel Assets, if at all, in the Community.

        (c) Stan Lee shall provide a comic industry news section (such section
is currently called the "Stanzine") in the Community. Such section shall be
placed in the "What's New" portion of the Community.

        (d) The content listed in paragraphs (a) through (c) of this Section 5
shall be the "Stan Lee Content."

        (e) The quality and accuracy of the Stan Lee Content shall be solely the
responsibility of Stan Lee.

        (f) For the duration of the Term, AcmeCity shall have the right to
maintain the Stan Lee Content (as defined herein) in an archive.

6. STAN LEE REPRESENTATIONS, WARRANTIES AND INDEMNITIES.

        (a) In addition to the warranties contained in the AcmeCity Standard
Terms and Conditions and without limiting the generality thereof, Stan Lee
represents and warrants that the creation of a section in AcmeCity relating to
Stan Lee which contains Marvel Assets or authorizes third parties to use Marvel
Assets in a personal web space as contemplated by the limitations detailed in
Section 5(b) of this Agreement (i) shall not infringe, violate or misappropriate
any copyright or trademark of, violate any agreement with, or otherwise violate
or infringe on any rights of the kind or nature of, Marvel Characters, Inc., its
affiliates or any third party; and (ii) shall not violate the terms of any
agreement between Stan Lee Media, Inc., Mr. Stan Lee, or any affiliate of
either, on one hand and Marvel Characters, Inc. or its affiliates, on the other.
Stan Lee further represents and warrants that it has all rights necessary to
grant to AcmeCity the rights granted hereunder and all rights necessary to grant
to AcmeCity the rights to exhibit, display or utilize Marvel Assets in any
manner consistent with this Agreement.

        (b) In addition to the indemnities contained in the AcmeCity Standard
Terms and Conditions and without limiting the generality thereof, Stan Lee
further agrees to defend, indemnify and hold WB Online and any of its owners,
principals, employees, licensees, sole proprietors, partners, officers,
directors, shareholders, agents, affiliates, successors, assigns, and
representatives harmless from and against all claims, liability and expense
(including reasonable attorneys' fees and costs) arising out of or relating to
the use or display of any part of the Marvel Assets in accordance with this
Agreement and any negligent act, misfeasance, or nonfeasance by Stan Lee or any
of its agents, contractors, servants, employees, or licensees or the breach or

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alleged breach of Stan Lee's representations, warranties or agreements herein.
At WB Online's request, Stan Lee shall provide a defense for WB Online in any
such action or proceeding, actual, threatened, or potential (or, at WB Online's
election, reimburse WB Online for reasonable fees and costs of WB Online's own
counsel).

7. COMMUNITY CONTENT.

        (a) All content created for and provided to the Community shall conform
to the AcmeCity standard terms and conditions as listed in Exhibit A attached
hereto and shall be subject to the approval of both AcmeCity and Stan Lee.

        (b) All content created by third party users or AcmeCity in the
Community, except for the Stan Lee Content, shall be and shall remain the
property of AcmeCity after the termination of this Agreement.

8. ADVERTISING.

        (a) WB Online shall control and sell all advertising inventory within
the Community.

        (b) WB Online shall pay Stan Lee fifty percent (50%) of the Net
Advertising Revenue (as defined herein) derived from the Community on a
quarterly basis. "Net Advertising Revenue" shall be defined as the amount
remaining after deducting from the Gross Advertising Revenue (as defined herein)
a 30% sales and ad serving fee, a 10% hosting fee, a 10% policing and monitoring
fee and a 10% design, production, and maintenance fee. "Gross Advertising
Revenue" shall be defined as all monies actually received by WB Online in
connection with sales or sponsorships of advertisements on Community pages.

        (c) AcmeCity acknowledges that some of the Content will be associated
with certain sponsorships. AcmeCity shall act in good faith and use commercially
reasonable efforts to use such sponsorships in the Community. In no event,
however, shall AcmeCity, due to such sponsorships, be prohibited from selling
advertising anywhere within the Community.

        (d) Stan Lee shall have the option to sell advertising inventory in the
Community under the following conditions:

                (i) Stan Lee shall provide WB Online with 60 days written notice
                of its intention to sell advertising inventory in the Community;
                and

                (ii) Stan Lee shall receive the written approval of WB Online
                sales and advertising staff regarding advertising terms and
                conditions including, but not limited to, CPM, the number of
                guaranteed impressions, the length of advertising deals and
                other client considerations.

        In the event that Stan Lee is not able to provide WB Online with such 60
day written notice and still desires to sell advertising inventory in the
Community, Stan Lee must receive

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WB Online's written approval of such transaction in advance and such approval
may be withheld in the sole discretion of WB Online.

9. PROMOTIONS.

        (a) AcmeCity shall promote the Community as follows:

                (i) The Community will be AcmeCity's featured community of the
        day for at least four days over a two week period following the
        Community launch (the "Launch"). Featured community promotion will
        include a home page icon, and a prominently placed, above-the-fold text
        tout. Following the two week period after Launch, the Community will be
        included in the general AcmeCity featured community rotation.

                (ii) Images from the Community will be included in the general
        rotation of images displayed within the circular graphic located in the
        center of the AcmeCity home page.

                (iii) Within two weeks following the Launch, the Community shall
        be featured in a special edition AcmeCity newsletter distributed to all
        registered users of AcmeCity.

                (iv) Subject to available content, AcmeCity will develop and
        produce a Stan Lee streaming media page for inclusion in the Community,
        and make commercially reasonable efforts to gain linkage to the page
        from MSN's streaming video guide.

                (v) The Community shall include a link to the stanlee.net site
        from all "What's New," "Explore," and "Community" main screen pages.

        (b) Stan Lee shall promote the Community as follows:

                (i) Stan Lee shall use its best efforts to provide a guaranteed
        amount of marketing consideration within Stan Lee's affiliated online
        sites and via related offline Stan Lee initiatives promoting the
        Community. Such marketing consideration shall be detailed on Exhibit A
        attached hereto.

                (ii) Mr. Stan Lee, the individual, shall use his best efforts to
        provide a guaranteed level of online and offline marketing consideration
        through the inclusion of the AcmeCity Community URL in offline
        publications, appearances (if any), special autographed merchandise,
        broadcast programs, and online chats and other promotions. Such
        marketing consideration shall be detailed on Exhibit B attached hereto.

                (iii) Stan Lee and Mr. Stan Lee shall provide the virtual
        character now known as "Stan 2.0" to the Community for marketing and
        promotion surrounding the launch of the Community and on a weekly basis
        throughout the Term. "Stan 2.0" shall be exclusive to

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        the Community for 60 days from the initial appearance of "Stan 2.0."

        (c) The URL for the Community shall be www.stanlee.acmecity.com.

10. LINKS.

        (a) Stan Lee shall provide above-the-fold linkage from prominent
locations within Stan Lee Online to the Community, including, but not limited
to, the Stan Lee Online home page and the Stan Lee navigation bar, if any.

        (b) Stan Lee shall provide above-the-fold default linkage from prominent
locations in all other Stan Lee web sites, including, but not limited to, all
sites officially associated with Stan Lee.

        (c) AcmeCity shall provide a link to Stan Lee Online on each homepage
created within the Community.

11.     EXCLUSIVITY. AcmeCity shall serve as the exclusive provider of personal
        home page services for Stan Lee and its affiliates and shall have
        exclusive access among all personal home page providers for Stan Lee and
        all Stan Lee properties.

12.     E-COMMERCE RIGHTS.

        (a) WB Online shall be responsible for sales and fulfillment of any
premium Community services (e.g. the purchase of additional memory for a
personal home page) or Community merchandise. WB Online shall pay Stan Lee
twenty percent (20%) of the net revenue derived from the sale of such products.
Net revenue shall be calculated by subtracting all costs and expenses of WB
Online or AcmeCity associated with such sale, including, but not limited to,
costs of goods sold, costs of fulfillment, and costs of hosting of personal home
pages.

        (b) Stan Lee shall be responsible for sales and fulfillment of all goods
and services within the Community relating to Stan Lee products and any other
Stan Lee-based merchandise (the "Products"). Stan Lee shall pay WB Online twelve
and one-half percent (12.5%) of the gross revenue derived from such sales
regardless of whether such sales are completed online or by other means.

        (c) If Stan Lee does not source the Products then Stan Lee shall pay
AcmeCity fifty percent (50%) of all revenue it receives from sale of the
Products if such sale was due to traffic driven from the Community or WB Online.

        (d) Stan Lee shall pay AcmeCity fifty percent (50%) of all revenue it
receives from the sale of comic books (or similar items) through Next Planet
Over or another third party entity if such sale was due to traffic driven from
the Community or WB Online.

13. PUBLICITY. AcmeCity and Stan Lee shall issue a joint press release
announcing this

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transaction. Each Party shall approve any and all press releases before they are
issued. Any subsequent release concerning this transaction shall be approved by
both Parties before it is issued.

14. MISCELLANEOUS:

        (a) International Version of the Community. All of the terms herein
shall apply to both the domestic and the international version of the Community.
The international version of the Community shall mean both international user
access to English-based content and local language versions of the Community in
foreign languages.

        (b) Ownership of Demographic Data. AcmeCity and Stan Lee shall each own
a one-half undivided interest in the demographic data registered in the
Community. Use of such names shall be limited by the AcmeCity standard terms and
conditions or the reasonable approval of WB Online and Stan Lee.

        (c) Forms of Distribution. All of the terms and conditions contained in
this agreement shall be applicable if the Community is distributed on the
internet or via commercial online services and delivered to the user through any
means or media, whether now known or hereinafter devised, including, but not
limited to, narrowband, broadband and wireless distribution, throughout the
universe and in any and all languages.

        (d) Entire Agreement. This Agreement and its exhibit contain the entire
agreement between the Parties and may not be modified, amended or changed except
by written instrument signed by duly authorized executives of each Parties and
designated as an amendment

        (e) Waiver. The failure by any Party at any time to require performance
by any other Party or to claim a breach of any provision of this Agreement shall
not be construed as affecting any subsequent breach or the right to require
performance or to claim a breach with respect thereto.

        (f) Construction. The Parties agree that this Agreement was fully
negotiated by the Parties and, therefore, no provision of this Agreement shall
be interpreted against any Party because such Party or its legal representative
drafted such provision.

        (g) Notices. Any notice or other communication hereunder must be given
in writing and (a) delivered in person, (b) transmitted by facsimile or
telecommunications mechanism or (c) mailed by certified or registered mail,
postage prepaid, receipt requested, to the addresses set forth below:

                Warner Bros. Online
                4000 West Alameda Ave., 5th Floor
                Burbank, California 91522-1705
                Facsimile No.: (818) 977-3135
                Attn:  General Counsel

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                Stan Lee Media
                15821 Ventura Blvd., Suite 675
                Encino, California  91436
                Facsimile No.: (818) 461-1760
                Attn:  Chief Operating Officer

        (h) Counterparts. This Agreement may be executed in counterparts and
each shall be deemed an original.

        (i) Facsimile Signatures. This Agreement may be executed by facsimile
signature.

              [THE REMAINDER OF THIS PAGE IS INTENTIONALLY BLANK.]

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THE PARTIES INDICATE THEIR AGREEMENT TO THE FOREGOING BY SIGNING IN THE SPACE
PROVIDED BELOW.

                                           "ACMECITY"

                                           By:  WARNER BROS. ONLINE
                                           Its:   Manager

                                           _/s/ Jim Moloshok
                                           By: Jim Moloshok
                                           Its: President
                                           _/s/ Jeff Weiner

                                           By: Jeff Weiner
                                           Its: Vice President of Planning,
                                           Development & Administration

                                           "STAN LEE MEDIA, INC.",
                                           a Delaware corporation

                                           _/s/ Gill Champion
                                           By: Gill Champion
                                           Its: Chief Operating Officer

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                                    EXHIBIT A

         Marketing Consideration to be Provided by Stan Lee Media, Inc.

        Stan Lee Media, Inc. shall use its best efforts to provide offline Stan
Lee initiatives promoting the Community. Such marketing consideration shall
include, but not be limited to:

1.      Promotional inserts in poly-bagged comic collectibles distributed
        through between 2,000 and 25,000 mini-marts around the United States
        over the term of the agreement.

2.      Print advertisements in comic book and related mass market magazines.

3.      Direct mailings to comic book enthusiasts around the world.

4.      In-store promotions in comic book stores.

5.      Regular media support though all news releases, interviews and articles
        relating to Mr. Stan Lee and Stan Lee media.

6.      Promotion of the Community in future advertising and packaging for
        ancillary media products. For example, the AcmeCity URL would be
        included in the screen credits for a feature film or television show and
        on the cover art for any related soundtracks or music related products.

7.      Promotion of the Community in future advertising and packaging for
        ancillary products. For example, the AcmeCity URL would be included in
        the packaging and cover art for ancillary merchandising products such as
        action figures, t-shirts, etc.

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                                    EXHIBIT B

        Mr. Stan Lee, the individual, shall use his best efforts to provide a
guaranteed level of online and offline marketing consideration through the
inclusion of the AcmeCity Community URL in offline publications, appearances at
Siggraph, Comicon San Diego, Comic Action Show in Essen, Germany, among others,
and all other appearances Stan shall attend, special autographed merchandise
designed in association with Acme City, broadcast programs including ZD TV,
Entertainment Tonight, and online chats and other promotions. In addition, if
Mr. Stan Lee prepares any sort of fan newsletter (either online or offline), Mr.
Stan Lee will include some information about the Community including the
AcmeCity URL.

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                     ACMECITY STANDARD TERMS AND CONDITIONS

1. GENERAL SCOPE OF AGREEMENT: The specific services provided by Stan Lee to WB
Online and ACME City (Collectively "WB Online") pursuant to this Agreement are
set forth in the attached agreement (the "Agreement"). In the event of conflict
between these Standard Terms and Conditions and the terms in the Agreement, the
terms set forth in the Agreement shall govern with respect to the conflicting
term only. Any terms not specifically defined herein shall be defined as set
forth in the Agreement, which is incorporated herein by reference.

2. CONTENT RESTRICTIONS: The Content or the information collected under this
Agreement (the "Information") shall not contain anything that, in WB Online's
sole judgment, may be in bad taste or in violation of law, may constitute libel
or slander, may be inconsistent with WB Online's public image, may fail to meet
community standards regarding obscenity or indecency, or may tend to bring
disparagement, ridicule, or scorn upon WB Online. If notified of allegedly
infringing, defamatory, damaging, obscene, illegal, or offensive material, WB
Online may (but shall not be required to) investigate the allegation and
determine in good faith and at its sole discretion whether to remove, or to
request that Stan Lee cease dissemination of the Content or use of the
Information. If Stan Lee refuses such request, WB Online may, at its sole
discretion and without prejudice to any other rights WB Online may have against
Stan Lee, immediately remove the Content or stop providing the Information or
terminate this Agreement. WB Online shall not be liable for any damages incurred
by Stan Lee because of any such action. WB Online may, at its sole discretion,
place on any Web home page, or on any other graphical or non-graphical
interface, an on-screen disclaimer that limits WB Online's responsibility for
the Content or the Information.

3. GENERAL OBLIGATIONS OF STAN LEE: Stan Lee shall:

        1. Promptly comply with all laws, ordinances, orders, rules,
        regulations, and requirements of all federal, state, and municipal
        governments and appropriate departments, commissions, boards, and
        offices thereof, at its sole cost and expense;

        2. Pay promptly when due all obligations incurred directly or indirectly
        in connection with this Agreement and with any operations in connection
        with Web home pages, Web Sites, or any other Internet graphical or
        non-graphical interfaces, including but not limited to all taxes and
        assessments and all accounts and other indebtedness of every kind and
        character incurred by or on behalf of Stan Lee in connection with any
        operations in connection with Web home pages, Web Sites, or any other
        Internet graphical or non-graphical interfaces.

4. DEFAULT: Either party shall be in default of this Agreement if it breaches
any material provision hereof and fails within 10 days after receipt of notice
of default to correct such default, or to commence corrective action and proceed
with due diligence to correct such default, or it becomes insolvent, makes an
assignment for the benefit of its creditors, a receiver is appointed or a
petition in Bankruptcy is filed with respect to the party and is not dismissed
within 30 days. Either party may terminate this Agreement at any time after a
party is in default of this Agreement.

5. OWNERSHIP AND USE OF URLS AND MEMBER DATA. WB Online shall have the exclusive
right to own, control, maintain and use any and all user traffic throughout the
Community and URLs or other names, designs or branding established for the
Community (excluding designs or trademarks owned by Stan Lee). WB Online shall
be entitled to own, report and claim as its own all traffic, visitors to the
Community web site and registered users (if any) within the Community.

6. WARRANTY: Stan Lee represents and warrants that the use of the Content by WB
Online: complies with all applicable laws and regulations; does not require any
payment, accordance of credit or the performance of any other obligations by WB
Online to any third party; does not infringe or misappropriate any copyright,
trademark, patent, the trade secrets or any other rights of any third persons,
or otherwise violate this Agreement. If notified of any claim to the contrary,
WB Online may, at its sole discretion, remove or request the removal of the
subject material.

7. INDEMNIFICATION: Stan Lee shall defend, indemnify and hold WB Online and any
of its owners, principals, employees, licensees, sole proprietors, partners,
officers, directors, shareholders, agents, affiliates, successors, assigns, and
representatives harmless from and against all claims, liability and expense
(including reasonable attorneys' fees and costs) arising out of or relating to
the use or display of any part of the Content and any negligent act,
misfeasance, or nonfeasance by Stan Lee or any of its agents, contractors,
servants, employees, or licensees or the breach or alleged breach of Stan Lee's
representations, warranties or agreements herein. At WB Online's request, Stan
Lee shall provide a defense for WB Online in any such action or proceeding,
actual, threatened, or potential (or, at WB Online's election, reimburse WB
Online for reasonable fees and costs of WB Online's own counsel). WB Online
shall defend, indemnify and hold Stan Lee and any of its owners, principals,
employees, licensees, sole proprietors, partners, officers, directors,
shareholders, agents, affiliates,

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successors, assigns, and representatives harmless from and against all claims,
liability and expense (including reasonable attorneys' fees and costs) arising
out of or relating to the use or display of any part of the Content and any
negligent act, misfeasance, or nonfeasance by WB Online or any of its agents,
contractors, servants, employees, or licensees or the breach or alleged breach
of WB Online's representations, warranties or agreements herein. At Stan Lee's
request, WB Online shall provide a defense for Stan Lee in any such action or
proceeding, actual, threatened, or potential (or, at Stan Lee's election,
reimburse Stan Lee for reasonable fees and costs of Stan Lee's own counsel).

8. INDEPENDENT CONTRACTORS: The relationship of Stan Lee and WB Online
established by this Agreement is that of independent contractors, and nothing
contained in this Agreement shall be construed to give either party the power to
direct and control the day-to-day activities of the other, constitute the
parties as partners, joint venturers, co-owners or otherwise as participants in
a joint or common undertaking, or allow either party to create or assume any
obligation on behalf of the other party for any purpose whatsoever. All
financial obligations associated with each party's business are the sole
responsibility of that party.

9. CONFIDENTIALITY: The parties acknowledge that by reason of their relationship
to each other hereunder, each shall have access to certain information and
materials concerning the other's business, plans, customers, technology and
products that is confidential and of substantial value to that other party,
which value would be impaired if such information were disclosed to third
parties ("CONFIDENTIAL INFORMATION"). Confidential Information of Stan Lee shall
include, without limitation, the technical parameters of the Service provided by
Stan Lee whether or not so marked. Confidential Information of WB Online
includes without limitation, the technical parameters of the Service provided by
whether or not so marked, and all business related information with regard to
the organization of Entertaindom, WB Online and any of its designees or
affiliates. Each party agrees that it shall not use in any way, for its own
account or the account of any third party, except as expressly permitted by this
Agreement, nor disclose to any third party, any such Confidential Information
revealed to it by the other party and shall take every reasonable precaution to
protect the confidentiality of such information. Each party agrees not to
disclose any financial terms or specific clauses of this Agreement to any third
party without the other's written consent in its sole discretion, except as
required by securities or other applicable laws and to such party's accountants,
attorneys and other professional advisors, in which case each party shall notify
the other party of such disclosure in writing.

10. ASSIGNMENT OR TRANSFER: This Agreement is non-assignable by Stan Lee. This
Agreement may be assigned freely by WB Online to any entity of Time Warner,
Inc., Warner Bros. or Warner Bros. Online, or to any entity of which Time
Warner, Inc., Warner Bros. or Warner Bros. Online owns a substantial interest.
Such assignment shall be binding upon the undersigned and inure to the benefit
of such assignee and such assignment shall be deemed a novation forever
releasing and discharging WB Online from any further liability or obligation to
Stan Lee.

11. NO WAIVER: The waiver by the parties of any breach or default, or series of
breaches or defaults, of any term, covenant, or condition herein shall not be
deemed a waiver of any subsequent or continuing breach of default of the same or
any other term, covenant, or condition contained in this Agreement. No such
waiver shall be effective unless set forth in a writing signed by the party
being charged with the waiver.

12. NO GUARANTEE: Except as set forth in the Agreement, WB Online does not
represent, warrant, or guarantee that WB Online will use the Content or that
Stan Lee will receive or experience any revenues or profits in connection with
the use of the Content with the Community. If WB Online decides to use the
Content, it may decide to remove the Content at anytime for any reason without
any liability to Stan Lee except for payments previously incurred and due under
this Agreement.

13. STATEMENTS: If required pursuant to the Agreement, WB Online will provide
statements within 45 days after the close of the applicable calendar quarter.

14. AMENDMENT OR MODIFICATION: This Agreement may not be amended, modified,
enlarged, altered, or changed in any way except by a subsequent written
agreement signed by all parties to this Agreement.

15. SURVIVAL OF COVENANTS: The covenants relating to payment, liability and
indemnification with respect to any provision of this Agreement shall survive
any expiration, cancellation, or termination of the Agreement.

16. SEVERABILITY: If any term, provision, covenant, or restriction of this
Agreement is held by a court of competent jurisdiction to be invalid, void, or
unenforceable, the remainder of the terms, provisions, covenants, or
restrictions of this Agreement shall remain in full force and effect and shall
in no way be affected, impaired, or invalidated; provided, however, that in the
event any part hereof relating to the payment of fees to WB Online is for any
reason declared invalid or unenforceable, WB Online shall have the option of
immediately terminating this Agreement upon written notice to Stan Lee.

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17. FORCE MAJEURE: WB Online and Stan Lee shall be excused from performance
hereunder to the extent that performance is prevented, delayed, or obstructed by
causes beyond WB Online's or Stan Lee's reasonable control, including but not
limited to Acts of God (fire, storm, floods, earthquakes, etc.), civil
disturbances, disruption of telecommunications or other essential services, or
interruption or termination of service by an Internet access Stan Lee being used
by WB Online to link to the Internet. In the event of an interruption or
termination of service by the Internet access provider being used by WB Online
to link to the Internet, WB Online shall take reasonable measures to obtain
alternate access to the Internet, but shall not be liable for any damages to
Stan Lee caused by any disruption in service.

18. MISCELLANEOUS:

        1. Governing Law: This Agreement shall be deemed to have been negotiated
        and entered into, and shall be construed in accordance with the laws of
        the State of California and of the United States applicable to
        agreements which are fully negotiated, signed and performed within such
        state. All actions, proceedings or litigation brought by Stan Lee
        against WB Online shall be instituted and prosecuted solely within the
        State of California. Stan Lee hereby consents to the jurisdiction of the
        state courts of California and the federal courts located in the Central
        District of the State of California as to any matter arising out of or
        relating to this Agreement.

        2. Illegality: Nothing contained herein shall require the commission of
        any act or the payment of any compensation which is contrary to law, and
        if there shall exist any conflict between any provision contained herein
        and any such law, the latter shall prevail.

19. ENTIRE AGREEMENT: This Agreement and the attached Agreement, which is hereby
incorporated by reference, expresses the entire agreement between WB Online and
Stan Lee and shall replace and supersede all prior arrangements and
representations, either oral or written, as to the subject matter hereof.

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                                                                   EXHIBIT 10.46

                              Stan Lee Media, Inc.
                             15821 Ventura Boulevard
                                    Suite 675
                                Encino, CA 91436

February 2, 2000

KBNHA Enterprises, Inc.
c/o The Firm
9100 Wilshire Blvd.
Suite 400W
Beverly Hills, CA 90212

      RE: BackStreet Boys/Stan Lee Media

Gentlemen:

      The following will set forth the agreement between Stan Lee Media ("SLM")
and KBNHA Enterprises, Inc. ("KBNHA ") f/s/o Nicholas Carter, Alexander J.
McLean, Howard Dorough, Kevin Richardson and Brian Thomas Littrell,
professionally collectively known as "The Backstreet Boys" with respect to that
certain property tentatively entitled "The Backstreet Project" which features
superhero-type versions of the actual members of the Backstreet Boys (the
"Property"):

1.    KBNHA has prepared and submitted a written proposal for the Property
      (herein such proposal being referred to as the "Assigned Material"). SLM
      shall develop the Property including, without limitation, add or enhance
      the story lines, scripts, characters, art, etc. (collectively, the
      "Enhancements"). The Assigned Material together with the Enhancements are
      referred to as the Property.

2.    KBNHA and SLM will share equally, subject to paragraph 9 below, in all
      rights of every kind and nature in and to the Property including, without
      limitation, the right to exploit same in all manner and media, as well as
      all merchandising rights, etc. (the "Rights").

3.    The parties mutually shall approve all creative elements of the Property;
      provided, KBNHA shall designate one person as its approval liaison.
<PAGE>   2

      a)    SLM shall submit each project (such as an individual Webisode or
            comic book, defined as a "Project") for KBNHA 's approval in the
            form of scripts, storyboards or otherwise. KBNHA shall notify SLM of
            any reasonable, required changes within 10 business days. So long as
            SLM complies with such requested changes, KBNHA shall be deemed to
            have approved the particular element.

      b)    With respect to the first Project produced by SLM (e.g., the initial
            Webisode or comic book), if SLM fails or refuses to comply with
            changes requested by KBNHA within a reasonable period, KBNHA shall
            have the right to terminate this agreement by written notice, in
            which event all rights to the Assigned Material shall revert to
            KBNHA and all rights to the Enhancements will vest with SLM, it
            being understood that the Enhancements cannot be exploited to the
            extent same are identified with The Backstreet Boys.

      c)    After creation of the first Project, KBNHA shall not have the right
            to terminate this agreement unless:

            i)    SLM ceases without consent to continue to produce new Projects
                  within 30 days after written notice from KBNHA ; or

            ii)   SLM produces Webisodes or comic books which shall not have
                  reasonably been approved by KBNHA as set forth in
                  sub-paragraph (a) above.

            iii)  SLM terminates its relationship with Stan Lee.

4.    Stan Lee and Nick Carter shall share "created by" credit with respect to
      the Property and Enhancements; provided, neither shall receive any
      additional compensation in connection therewith.

5.    SLM shall produce an initial twelve (12) "Webisodes" based on the
      Property, consisting of animated episodes of approximate five (5) minute
      duration for initial exploitation over the Internet at websites mutually
      designated by the parties but including in all events any websites owned
      or operated by SLM and, if SLM and KBNHA can work out a mutually
      acceptable agreement with Shockwave, via the "Shockwave" website. It is
      understood that a mutually acceptable deal with Shockwave will include
      equity in Shockwave. At SLM's discretion, SLM shall have the right
      initially to produce more or less than 12 Webisodes of more or less than 5
      minutes duration, with the intention that the total, initial minutes of
      production shall approximate one hour. SLM shall have the right, at its
      sole discretion, to produce additional

                                      -2-
<PAGE>   3
      Webisodes featuring the Property, totalling no more than 120 minutes per
      year (each such year of production being deemed a "Production Year", with
      the first such year commencing on execution hereof), for a period of four
      Production Years from execution hereof. Notwithstanding the foregoing,
      KBNHA shall have the right upon written notice to SLM no less than 90 days
      prior to the close of the second Production Year of the term to elect not
      to proceed with the third and fourth Production Years of the term.

6.    KBNHA will use best efforts to provide that a majority of the members of
      The Backstreet Boys, personally, will participate with Stan Lee in a press
      conference to launch this agreement and to otherwise cooperate in
      publicizing the Webisodes. It also is agreed that there shall be a
      hyperlink at all official Backstreet Boys website(s), including
      Backstreetboys.com, and the official website for the Backstreet Boys'
      then-current management company, which is presently The Firm, which will
      enable visitors to that site to go directly to the pages at which the
      Webisodes are available for viewing (which pages shall be on a site with
      the URL "Backstreetproject.com" which shall be hosted by SLM); provided,
      SLM agrees that such pages may be viewed within the frame of the
      applicable Backstreet Boys website(s). SLM shall provide KBNHA with
      database information pertaining to persons who view the Webisodes and
      KBNHA and The Firm shall provide database information pertaining to
      visitors to their official websites who view the Webisodes, it being
      understood that neither party shall have the right to sell or license the
      other party's database information to third parties, but shall solely have
      the right to use same for each party's own marketing purposes.

7.    SLM shall have the right to license the Property in all other manner and
      media on such terms as SLM shall determine, but with KBNHA 's consultation
      and approval in respect of each such license; provided, KBNHA shall not
      withhold its approval in a manner to frustrate the purposes of this
      agreement or the ability of SLM to recover its investment in the
      Webisodes. SLM has been advised that KBNHA has a outstanding merchandising
      agreement with Winterland which agreement affects merchandising rights in
      the names and likenesses, and certain other identification related to The
      Backstreet Boys.

8.    SLM shall cause one comic book based on the property to be produced before
      the release of the first Webisode hereunder, subject to KBNHA 's
      reasonable approval. SLM shall cause additional comic books featuring the
      Property to be produced and commercially exploited, in such number as the
      number and content of the produced Webisodes merits, with the intention
      that there will be one comic book for each 30 minutes of Webisodes
      produced.

                                      -3-
<PAGE>   4
9.    All consideration derived from the exploitation of the Property (cash,
      stock, etc.) shall be collected by SLM and allocated and paid in the
      following sequence:

      a)    First, for SLM to recover any and all reasonable out-of-pocket costs
            specifically incurred in connection with production and exploitation
            of the Webisodes, Comic Books and other approved Projects (including
            reasonable allocations for a portion of any SLM internal costs such
            as salaries of SLM employees [other than Stan Lee] to the extent
            that same are rendering specific services on a Project) plus 15% of
            all costs as a services fee in lieu of any costs not associated with
            persons rendering specific services on a Project; and

      b)    Second, 35% to SLM and 65% to KBNHA.

      c)    KBNHA shall receive detailed breakdowns of all of the costs referred
            to in (a) above, and shall have the right to review appropriate
            back-up for any of the allocations addressed therein. It is
            understood that without KBNHA approval the recoupable costs of a
            single Webisode will not exceed $69,000 and of the initial creation
            costs of a single comic book will not exceed $23,000 (not including
            manufacturing and distribution costs). By way of clarification, once
            SLM shall have recouped the costs referred to in 9(a) above, as
            limited by this subparagraph (c), payments under 9(b) above shall
            become payable on a prospective basis.

10.   The term of the agreement shall continue in perpetuity with respect to all
      produced Webisodes and the Property; provided, SLM shall not license the
      Webisodes or Property for new exploitation after the date five years after
      release of the last such Webisode without KBNHA 's reasonable approval.

11.   KBNHA will not authorize any other superhero exploitations of the
      Backstreet Boys during the term. KBNHA shall not otherwise be restricted
      hereunder.

12.   Pursuant to the Stock Option Agreement annexed hereto as an exhibit, so
      long as KBNHA shall not be in material breach of its obligations
      hereunder, KBNHA will receive warrants for 300,000 shares of SLM stock at
      an exercise price of $7.00 per share, which warrants will vest as follows:
      75,000 on execution hereof, 25,000 upon the initial webcast of the first
      Webisode (but not later than 6 months after execution hereof unless KBNHA
      shall have failed to approve the first Webisode by such date), 50,000 upon
      the

                                      -4-
<PAGE>   5
      commencement of the 13th month of the term, 50,000 upon the commencement
      of the 19th month of the term, and (so long as KBNHA shall not have
      exercised its option not to proceed with the third Production Year) 50,000
      shares on the commencement of the 25th month of the term hereof and a
      final 50,000 shares on the commencement of the 37th month of the term
      hereof. The vesting of applicable portions the foregoing shares shall be
      contingent on KBNHA having approved the production of all required
      Webisodes during the prior Production Years of the term.

13.   SLM will compute Gross Revenues as of each March 31, June 30, September 30
      and December 31 for the prior three (3) months. Within ninety (90) days
      after each calendar quarterly period concerned, SLM will send KBNHA a
      statement covering Gross Revenues and will pay KBNHA KBNHA 's share of
      Gross Revenues due.

      a)    SLM will maintain accurate books and records which report the
            recognition of Gross Revenues. KBNHA may, at its own expenses,
            examine and copy those books and records, as provided in this
            paragraph. KBNHA may make such an examination for a particular
            statement within three (3) years after the date when the other party
            sends the examining party the statement concerned. KBNHA may make
            those examinations only during SLM's usual business hours, and at
            the place where it keeps the books and records. Such books and
            records shall be kept at the SLM office in Los Angeles, California,
            unless otherwise notified. KBNHA will be required to notify SLM at
            least ten (10) days before the date of planned examination.

14.   Each party agrees to take all action and cooperate as is reasonably
      necessary, at the other party's request and expense, to protect the
      other's respective rights, titles, and interests, and further agrees to
      execute any documents that might be necessary to perfect each party's
      ownership of such rights, titles, and interests.

15.   WARRANTIES; REPRESENTATIONS; INDEMNITIES:

      a)    KBNHA represents and warrants that:

            i)    it has full power and authority to enter into this Agreement.

            ii)   it has sufficient right and authority to grant to SLM all
                  licenses and rights granted by KBNHA hereunder.

                                      -5-
<PAGE>   6
            iii)  the Assigned Material and the use thereof as permitted
                  pursuant to this Agreement shall not violate any law or
                  infringe upon or violate any rights of any Person.

      b)    SLM represents and warrants that:

            i)    it is has the full power and authority to enter into and fully
                  perform this Agreement.

            ii)   the Enhancements developed or furnished by SLM hereunder and
                  the use thereof shall not violate any law or infringe upon or
                  violate any rights of any Person.

      c)    Each party shall at all times indemnify, hold harmless and defend
            the other party from and against any and all claims, losses,
            liability, costs and expenses (including but not limited to
            attorneys' fees) to the extent arising from or relating to any
            breach or alleged breach of this agreement by the indemnifying
            party.

16.   GENERAL:

      a)    Neither party may assign this Agreement, or their respective rights
            and obligations hereunder, in whole or in part without the other
            party's prior written consent. Any attempt to assign this Agreement
            without such consent shall be void and of no effect ab initio.
            Notwithstanding the foregoing, either party may assign this
            Agreement to any entity controlling, controlled by or under common
            control with, the assignor, or to any entity that acquires the
            assignor by purchase of stock or by merger or otherwise, or by
            obtaining substantially all of the assignor's assets, provided that
            any such assignee, or any division thereof, thereafter succeeds to
            all of the rights and is subject to all of the obligations of the
            assignor under this Agreement.

      b)    This Agreement, along with the Exhibits hereto, contains the entire
            agreement and understanding between the parties hereto with respect
            to the subject matter hereof and supersedes all prior agreements and
            understandings relating to such subject matter. Neither party shall
            be liable or bound to any other party in any manner by any
            representations, warranties or covenants relating to such subject
            matter except as specifically set forth herein.

                                      -6-
<PAGE>   7
      c)    This Agreement may be executed in one or more counterparts, all of
            which shall be considered one and the same agreement, and shall
            become effective when one or more such counterparts have been signed
            by each of the parties and delivered to each of the other parties.

      d)    This Agreement may not be amended except by an instrument in writing
            signed on behalf of each of the parties hereto. By an instrument in
            writing, any two parties hereto may waive compliance by the third
            party with any term or provision of this Agreement that such third
            party was or is obligated to comply with or perform.

      e)    This Agreement shall be governed by and construed in accordance with
            the internal laws of the State of California applicable to
            agreements made and to be performed entirely within such State,
            without regard to the conflicts of law principles of such State.

      f)    Each party shall comply in all material respects with all laws and
            regulations applicable to its activities under this Agreement.

      g)    If any provision of this Agreement (or any portion thereof) or the
            application of any such provision (or any portion thereof) to any
            Person or circumstance shall be held invalid, illegal or
            unenforceable in any respect by a court of competent jurisdiction,
            such invalidity, illegality or unenforcability shall not affect any
            other provision hereof (or the remaining portion thereof) or the
            application of such provision to any other Persons or circumstances.

      h)    All notices or other communications required or permitted to be
            given hereunder shall be in writing and shall be delivered by hand
            or sent, postage prepaid, by registered, certified or express mail
            or reputable overnight courier service and shall be deemed given
            when so delivered by hand, or if mailed, three days after mailing
            (one business day in the case of express mail or overnight courier
            service), to the addresses set forth above.

      i)    The parties to this Agreement are independent contractors. There is
            no relationship of partnership, joint venture, employment,
            franchise, or agency between the parties. Neither party shall have
            the power to bind the other or incur obligations on the other's
            behalf without the other's prior written consent.

                                      -7-
<PAGE>   8
      j)    No failure of either party to exercise or enforce any of its rights
            under this Agreement shall act as a waiver of such right.

17.   ZIFFREN, BRITTENHAM, BRANCA & FISCHER: The parties hereto acknowledge that
      the Ziffren, Brittenham, Branca & Fischer law firm has, with the prior
      consent of the parties, represented both Stan Lee Media and certain
      interests in KBNHA Enterprises, Inc. (together with other unrelated
      counsel) in connection with the negotiation and documentation of this
      agreement. Annexed hereto is a copy of a letter agreement affirming such
      consent which is (or shall prior to the execution hereof) executed by the
      parties hereto.

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by
their duly authorized representatives as of the date first above written.

AGREED TO AND ACCEPTED

STAN LEE MEDIA                          KBNHA ENTERPRISES, INC.

By:     /s/ Gill Champion               By:    /s/ Kevin Richardson
        ---------------------------            ---------------------------------
Its:    Vice President-COO              Its:
        ---------------------------            ---------------------------------
DATED:  February    2000                DATED:
        ---------------------------            ---------------------------------

      The undersigned acknowledge that they have read the foregoing agreement,
consent to its execution and agree to be bound by the terms thereof as same may
affect them. The undersigned further acknowledge that KBNHA Enterprises, Inc.
has the right to enter into said agreement and, accordingly, guarantee the
performance of KBNHA Enterprises, Inc. of all of its undertakings thereunder.
The undersigned agree to look solely to KBNHA Enterprises, Inc. for any
compensation payable to them in connection with the foregoing.

/s/ Nicholas Carter                     /s/ Alexander J. McLean
------------------------------          ----------------------------------------
Nicholas Carter                         Alexander J. McLean

/s/ Howard Dorough                      /s/ Kevin Richardson
------------------------------          ----------------------------------------
Howard Dorough                          Kevin Richardson

/s/ Brian Thomas Littrell
------------------------------
Brian Thomas Littrell

                                      -8-

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