Computer Games Magazine Expands with NOW PLAYING, Pop Culture for the Rest of Us; Former Cinescape Executive Editor To Helm New Magazine-Within-A-Magazine.

Entertainment Editors

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Jan. 26, 2004

theglobe.com, (OTCBB:TGLO) has expanded its magazine holding, the veteran Computer Games Magazine, to include a new pop culture magazine within its covers to be led by Eric Moro, former executive editor of Cinescape Magazine.

NOW PLAYING will offer both the computer game enthusiast and the casual gamer a look inside the expansive world of pop culture entertainment. Through behind the scenes features, exclusive previews and down to earth reviews, NOW PLAYING will provide readers a resource through which to explore the ever-expanding world of entertainment. The magazine will cover stories about movies, television, console games, music, DVD, comics, anime and "grownup" toys like PDAs, MP3 players and collectibles. Consumers will get a first look at the new title through a 16-page insert in Computer Games Magazine's April issue.

"As we began taking a fresh look at Computer Games Magazine, which has always been a solid performer for us, we discovered that our readership had evolved over the years from being just computer game enthusiasts to more broad-minded pop culture consumers," said Doug Brisotti, president of theglobe.com's games division and new publisher of Computer Games Magazine. "As our readership is also very faithful, we wanted to find a way to offer them more without a complete overhaul of the magazine they have supported for more than a decade. So, instead of changing the soul of Computer Games, we are simply adding to it."

Moro, who has been a well-recognized name in consumer entertainment and genre media since the 1980s, was tapped to be the Entertainment Editor of Computer Games and oversee the creation and ongoing creative direction of NOW PLAYING, which will have its own editorial pages as a magazine insert in Computer Games.

"Besides knowing just about everyone worth knowing in Hollywood, Eric is one of the more dynamic editors in the magazine business, so we're excited to be able to bring him in and give him a chance to strut his stuff," Brisotti said. "His style is very inclusive and easy-going, which is what led us to describe NOW PLAYING as 'Pop Culture for the rest of us.' It's precisely the attitude that we think readers are looking for today."

About theglobe.com, inc.

theglobe.com, inc. operates Computer Games Magazine and its associated website, Computer Games Online. It sells videogames and related products through its distribution business, Chips & Bits, Inc. The company also sells Voice over Internet Protocol services under the brand name voiceglo.

Safe Harbor -- this press release includes forward-looking statements related to theglobe.com, inc. that involve risks and uncertainties, including, but not limited to, risks and uncertainties relating to integration of newly acquired businesses and assets, product delivery, product launch dates (particularly as they pertain to our planned voiceglo services), the Internet, development and protection of technology, the management of growth, market acceptance of our planned voiceglo VoIP products, our ability to compete successfully against established competitors with greater resources, the uncertainty of future governmental regulation (particularly as it pertains to the Internet and the provision of telephony services using the Internet) and other risks. These forward-looking statements are made in reliance on the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these and other factors that could affect theglobe.com's future results and business plans, please see the Company's filings with the Securities and Exchange Commission, including in particular our Annual Report on Form 10-K for the year ended December 31, 2002 and our Quarterly Report on Form 10-QSB for the quarter ended September 30, 2003. Copies of these filings are available online at http://www.sec.gov. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially and adversely from management expectations.