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KOCH ANNOUNCES NEW HOME VIDEO VP/GM

KOCH Entertainment Distribution Appoints Home Video Veteran

Dan Gurlitz as VP of Video and GM of KOCH Vision and KOCH LORBER Films

(Port Washington, New York)--October 13, 2003-- KOCH Entertainment Distribution announced today that it has appointed Dan Gurlitz as its new Vice President of Video, as well as General Manager of KOCH Vision and KOCH LORBER Films, effective November 3rd. In this newly-created position, Gurlitz will oversee all KOCH video operations. Gurlitz, a twenty-year video industry veteran, has an impressive career that most recently includes serving as VP/GM - Home Video of Wellspring Media since 1997.

"I am thoroughly excited and fully prepared to take on a leadership role at KOCH. The company is perfectly positioned to dramatically, and decisively, expand its home video initiatives by taking advantage of its current infrastructure. I am flattered to have been invited to participate in this effort, and relish the opportunity to work with Michael Rosenberg and his team as he sets the future in motion," commented Dan Gurlitz.

Michael Rosenberg, President of KOCH Vision and KOCH Entertainment Distribution, adds, "We are very excited to welcome Dan Gurlitz to KOCH. Dan’s professional experience and track record in the home video industry speaks for itself. With Dan on our team we are now fully prepared to become a major independent player in home video."

KOCH Entertainment, the leading and fastest-growing independent music company in the U.S., entered the video market four years ago. Its operations include record and video labels and distribution companies in the U.S. and Canada. KOCH Entertainment is the market leader among independents in both the U.S. and Canada and its record labels had the largest number of Billboard-charting albums among independents in 2002/2003.

For more information please contact James Scileppi at (516) 484-1000 Ext. 243 or email james.scileppi@kochent.com.

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