Digital Entertainment Network, Inc. Names Legendary Entertainment Veteran Frank G. Mancuso to Its Board of Directors

(SANTA MONICA -- March 15, 2000) - Digital Entertainment Network, Inc. (DEN), a privately held interactive online network that targets Generation Y, today announced that prominent entertainment industry veteran Frank Mancuso joins its board of directors. With a distinguished career that spans over four decades, Mr. Mancuso brings DEN a wealth of expertise in the entertainment industry, where he most recently served as Chairman and Chief Executive Officer of Metro-Goldwyn-Mayer Inc. and remains a special consultant and a member of its Board of Directors. Prior to joining MGM, Mr. Mancuso served as Chairman and Chief Executive Officer of Paramount Pictures. 

"Frank Mancuso's enormous expertise and relationships in content creation and distribution will be invaluable to us as we pursue our goal of becoming Generation Y's preferred entertainment destination," said Greg Carpenter, CEO and COO of DEN. 

"Frank Mancuso has been an inspirational leader in the great mediums of the 20th century: motion pictures and television. We are thrilled that starting today, Mr. Mancuso's enormous brainpower and vision will help build the medium of the 21st. Everyone at DEN is honored and excited that he joins our efforts to build The Digital Entertainment Network into a premiere Internet company," said the company's Chairman, Gary Gersh. 

DEN recently announced additional financing agreements and strategic relationships with NBC, Intel Capital and Enron Broadband services, among others, which further DEN's commitment to develop and distribute original creative content targeted to Generation Y. Other DEN investors include Microsoft, Dell and Chase Capital Partners. Mr. Mancuso joins Marc Nathanson, Vice-Chairman of Charter Communications, former founder, CEO and President of Falcon International Communications, LLC and Mitchell J. Blutt M.D., Executive Partner of Capital Chase Partners, among others, as outside board members of DEN. 

Digital Entertainment Network, Inc. (DEN) is the Internet entertainment network that creates original youth culture programming and e-commerce opportunities of, by and for Generation Y consumers. As a privately held company, DEN.net has built the technical infrastructure and assembled the creative expertise to empower and entertain this Net Generation on the Web and revolutionize their unique culture worldwide. DEN's studios are based in a warehouse in Santa Monica, California. For more information, visit the Den.net site at www.den.net. 

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