CNN News Group to Take $20 Million Equity Stake in INTERVU as Part of Multi-Faceted Deal.

ATLANTA--(BUSINESS WIRE)--Nov. 11, 1999--

Agreement Includes Internet Video and Audio

Streaming Services, Advertising Commitment and

Extensive Cross Promotion Across CNN Networks and Web Sites

The CNN News Group and INTERVU Inc. (Nasdaq:ITVU), the leading service provider for Internet audio and video delivery solutions, today announced a strategic multi-tiered alliance.

The agreement calls for INTERVU to deliver live and on-demand broadcast streaming services for CNN and Turner Broadcasting System, Inc. (TBS) for a period of three years for their online content.

As part of the agreement, INTERVU will issue $20 million of common stock to CNN. CNN will also provide INTERVU with three years of on-air and online advertising and promotional opportunities across CNN's properties, and INTERVU will sub-license CNN's domestic television networks to its corporate clients for internal distribution on their LANs. This alliance evolved from a successful 18-month relationship between the parties for online video distribution.

The highlights of the agreement include:

-- CNN takes a minority equity stake in INTERVU valued at $20

million.

-- INTERVU will provide fee-based Internet video management and

delivery services for three years to most CNN and TBS Web sites,

including CNN.com, CNNfn.com, CNNSI.com, roughcut.com,

TBSsuperstation.com, tnt.turner.com, CartoonNetwork.com, wcw.com

and turnerclassicmovies.com. In addition, INTERVU will deliver

audiostreaming services immediately for CNNfn.com, CNNSI.com and

the above TBS Web sites.

-- CNN will provide INTERVU with three years of advertising

opportunities across the following CNN News Group television

networks: CNN/U.S., CNN International (CNNI), CNN Headline News,

CNNfn, CNN/Sports Illustrated and CNN Airport Network; and the

following CNN Web sites: CNN.com, CNNfn.com, CNNSI.com and

AllPolitics.com. INTERVU will launch its advertising campaign

before the end of 1999.

-- During the three-year period CNN will run on-air promotional

spots for its streaming media offerings that will highlight CNN's

association with INTERVU. These promotional spots will air on

CNN/U.S., CNN Headline News, CNNfn, CNN/Sports Illustrated and

CNN Airport Network. In addition, INTERVU will receive on-air and

online promotion and co-branding alongside all INTERVU-delivered

streaming media content on CNN.com.

-- INTERVU has the right to authorize its corporate clients to

distribute the CNN networks to PCs in their offices.

Bill Burke, president and CEO of News and Information, Time Warner Digital Media, said, "We are extremely pleased that CNN's relationship with INTERVU has grown into a broader alliance. A growing number of CNN.com's users are accessing both live and on-demand video, and we believe that the demand for Internet video content will increase dramatically. We want to meet that demand successfully by providing our Internet users with the best online news video experience available, and it is important for us to be working with a trusted and respected service provider like INTERVU."

In early 1998, INTERVU began providing streaming media services for CNN.com's live videostreaming of breaking news events, which included President Bill Clinton's grand jury testimony and Senate impeachment trial, Operation Desert Fox and basketball player Michael Jordan's press conference announcing his retirement. INTERVU managed the delivery of CNN.com's live video content during those exceptionally high-traffic times with its high-powered, distributed network infrastructure. In March 1999, CNN and INTERVU signed an extended agreement whereby INTERVU became CNN.com's preferred provider for all live Internet video broadcast services, and INTERVU was also promoted on CNN.com.

"We are excited to have CNN as a shareholder, and we look forward to building our alliance as CNN's needs for streaminnsumers to business professionals will want or leading on-air and online properties like those of CNN."

INTERVU provides Web site owners and content 's services automate the publishing, distribution and programming of video and audio content. INTERVU uses altiple Internet backbones for optimal Internet distance learning content. INTERVU's current customers include CNN, CNET, Excite@Home, House of Blues, Intel, Investor Broadcast Network (formerly Vcall), Microsoft, MSNBC, NBC, Onradio.com, Quokka Sports, Saatchi & Saatchi and Turner Broadcasting. Additional information can be found at www.intervu.net.

The CNN News Group is one of the largest and most profitable electronic news and information companies in the world. The CNN News Group's services are available to more than one billion people worldwide with six cable and satellite television networks (CNN/U.S., CNN Headline News, CNN International, CNNfn, CNN/Sports Illustrated and CNN en Espanol), three private, out-of-home networks, two radio networks, 10 Web sites and CNN Newsource, the world's most extensively syndicated news service.

The CNN Web sites, which include CNN.com, CNNfn.com, CNNSI.com and AllPolitics.com, generate more traffic and attract more unduplicated Internet users than any other general news and information Web sites. The CNN Web sites average 556 million page impressions per month and have served a total of more than 5 billion page impressions during the first nine months of 1999.

Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties that might cause actual results to differ from those foreseen, including the market acceptance for INTERVU's specialized services, technological change and intense competition, as well as the other risks detailed from time to time in INTERVU's SEC reports, including the report on Form 10-K filed on March 30, 1999.