November 11, 1996

MTV And Yahoo! Team Up To Create MTV/Yahoo! Unfurled

The Ultimate Guide To Music On The Web

New York, NY/Santa Clara, CA -- (November 11, 1996) --

MTV: Music Television, a division of Viacom Inc., and Yahoo! Inc. announced today that they have formed a strategic partnership to develop and promote the ultimate guide to music on the web. The MTV/Yahoo! guide, unfURLed, will launch January 1997 and will be accessible from Yahoo!'s web site (www.yahoo.com) and MTV Online (mtv.com and on America Online keyword: MTV).

"When you think of music you think of MTV and when you think of where to go first when surfing the Net, you think of Yahoo!," commented Matt Farber, Senior Vice President, Programming/New Business, MTV. "Together we are the perfect partners to create a road map through the more than 75,000 different music sites on the Web. With custom editorial from the people who put the M in MTV and expertise from Yahoo!, the pioneer in guides to the Internet, unfURLed will be the starting point for everyone who is interested in exploring music sites on the Web."

More than just an alphabetical catalogue or search engine, unfURLed will be the definitive, one-stop guide to music on the Web. All music sites and their features will be reviewed by MTV editors and classified into unique intuitive categories. The guide will constantly be updated to let users know which sites are informative, eye-catching and "just plain cool." Whether interested in a specific band or type of music, the MTV audience will be able to find the best of what's out there on the Web for the music which most appeals to them. In addition, unfURLed will advise users what, if any, special software/hardware they need to fully experience any given site.

In addition to offering reviews by MTV editors and insight from Yahoo! surfers, the guide will also feature site reviews submitted by users, as well as weekly columns on the state of the Web, live event listings, breaking news, music reviews, and weekly flash polls.

"Through partnerships with industry leaders such as MTV, Yahoo! is able to consistently deliver dynamic and innovative programming to our users," said Jeff Mallett, Senior Vice President of Business Operations at Yahoo!. "This joint venture will leverage the complementary strengths of Yahoo! and MTV to create, distribute and market an excellent service for an important growing audience."

As a special pre-launch promotion, MTV Online and Yahoo! will create the "Best of Music Web '96." Working with a panel of music industry experts, MTV Online and Yahoo! will nominate web sites in five different categories for the Best of Music '96 award. Beginning early December, MTV Online and Yahoo! users will have the opportunity to vote for their favorite of the nominated sites. The Best of 'Music Web '96' winners will be announced when the site launches.

About MTV


MTV Networks, a unit of Viacom Inc., owns and operates five cable television programming services -- MTV: Music Television, M2, VH1, Nickelodeon/Nick at Nite, and Nick at Nite's TV Land -- all of which are trademarks of MTV Networks.

About Yahoo!


Yahoo! Inc. (NASDAQ: YHOO), offers a globally-branded Internet navigational guide to information and entertainment of the Web. As the first online guide to the Web, Yahoo! is one of the most visible and recognizable names associated with the Internet. Yahoo! provides a context-based directory structure for Internet resources, as well as integrated Alta Vista Web-wide search capabilities. The Company is continuing to develop a global family of Yahoo!-branded media properties in targeted geographic (Yahoo! Japan, UK, Germany, France, Canada, San Francisco Bay Area, Los Angeles, New York, Chicago), subject matter (Yahoo! Internet Live magazine and Web site) and demographic areas (Yahooligans!, a Web guide for kids). Yahoo! can be found on the Web at www.yahoo.com. Yahoo! Inc. headquarters are in Santa Clara, California.

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For more information, contact:

Irene Fu


MTV


(212) 258-8762


fui@mtvn19.viacom.com

Vanessa Reyes


MTV


(818) 505-7812

Jennifer Hwang


Yahoo! Inc.,


jenhwang@yahoo-inc.com,


(408) 731-3362

Blaise Simpson


NRG Public Relations (for Yahoo!)


blaise@nrgpr.com


(415) 827-7065


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