Attention All Video and Music Retailers: E-commerce Solution Now Available; ``Licensing Program is Extended to all Music and Video Merchandisers and Retailers''.

NANAIMO, B.C.--(BUSINESS WIRE)--March 8, 1999-- Global Media Corp. (NASD OTC:BB GLMC) (http://www.globalmediacorp.com) announces the Company is attending the 41st annual NARM (National Association of Recording Merchandisers) Convention to be held in LAS VEGAS from March 8 to 11, 1999.

The purpose is to extend the GLOBAL MEDIA NETWORK LICENSING PROGRAM to all music and video merchants and retailers, ranging from those that operate large chains, as well as smaller distribution companies.

The National Association of Recording Merchandisers (NARM) serves the music and other prerecorded entertainment software industry as the pre-eminent forum for insight and dialog in an increasingly diverse and rapidly evolving industry. NARM pursues the interests of its members by:

-- advocating the common interests of merchandisers and distributors

of music, as well as sell-through video and other entertainment

software, to industry and public policy makers;

-- promoting the visibility and the image of the entertainment

software industry and its participants; and,

-- providing unique opportunities for education, information and

networking.

President of Global Media Corp, Michael Metcalfe, said "This is the best place to extend the invitation to all those music and video retailers looking for a way to be involved in E-COMMERCE. Global Media's licensing program will allow them to sell music, video, books, and other items in a simple and cost effective way. This will enable these companies to keep their customer loyalty alive by marketing their existing databases. These retailers need exposure on the Internet to meet the future demands and now is the time, before someone else gets their business."

The Global Media network will provide Books, CD's, Videos, streaming video as well as downloadable music and other related products such as concert tickets, and magazine subscriptions through a Network of Licensees and Affiliates. The company is also focused on providing live events and live radio to its Network of licenses.

Global Media is offering a complete end-to-end licensing opportunity to established web retailers as well as start up companies as one of its key competitive focuses.

This end-to-end opportunity is the only one of its kind, providing the licensee, small and large, with a unique and self designed Web site that includes streaming and downloadable media, as well as up to the minute entertainment news and information. The infrastructure, in conjunction with the leading technology and databases provided by partners Liquid Audio, RealNetworks (Nasdaq: RNWK), Muse, Astral Communications and Baker & Taylor will allow the licensee to begin selling from their own site. Licensees will have a host of products to choose from alongside their own content. Popular and profitable Products include over a million Books, 250,000 current and classic CD titles, over 125,000 Home Video titles, DVD's, Magazines and Concert Tickets. This turnkey solution will be provided to licensees at no upfront costs and will allow them to generate sales virtually overnight. The licensees will receive daily automated accounting updates and concise client and sales information.

Employing cost-effective marketing strategies, Global Media is well positioned to take advantage of the emerging online entertainment sales industry already being targeted by K-Tel (NASDAQ:KTEL), Amazon.com (NASDAQ:AMZN), CDNOW (NASDAQ:CDNW), Music Boulevard (NASDAQ:NTKI), Borders (NYSE:BGP), and Bertelsmanns' new internet entry Barnes and Noble (NYSE:BKS).

BMG Entertainment, EMI Recorded Music, Sony Music (NYSE:SNE - news), Universal Music Group (NYSE:VO - news) and Warner (NYSE:TWX - news) have pledged to join with big technology firms to develop standards which will allow more widespread digital music sales. According to the Associated Press (AP), the record companies are being joined by an array of high tech and consumer giants including America Online (NYSE:AOL - news), Microsoft Corp. (Nasdaq:MSFT - news), IBM Corp. (NYSE: IBM), AT&T Corp., Matsushita and Toshiba in trying to develop its security standards.

Global Media is also positioning itself for online video download sales using high speed Internet access technologies such as those being pioneered by At Home (Nasdaq:ATHM-news).

Global Media Corp.'s newly launched online licensing center is currently accepting applications from Web retailers at http://www.globalmediacorp.com. The site contains sections dedicated to streaming media (RealNetworks) (Nasdaq:RNWK - news) as well as detailed information on Global Media's business. Global Media is currently in the pre-branding process which will be supported by a 90-day campaign to identify itself to the public and give consumers sufficient time to recognize the corporate brand and logo before launch date.

Global Media is a fully reporting issuer to the SEC and is listed on Standard and Poor's Corporation Records. The company began trading on August 24,1998, on the NASD OTC Bulletin Board under the symbol GLMC.

On behalf of the Board of Directors, Michael Metcalfe

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1993 and section 21E of the Exchange Act of 1934 and is subject to safe harbor created by these sections. Actual results may differ materially due to number of risks, including: the technological and operational challenges of developing and deploying the company's abilities to market the services and future customer acceptance and demand for the services.