WALT DISNEY TELEVISION INTERNATIONAL

The launch of a Disney Channel in Germany, strong performance in distribution activities and new local and international productions heralded an outstanding year of growth for WDTV-I.

Overall Disney Channel subscriptions were up by over 20 percent, making the Channel one of the leading kids and families services in homes around the world. New Disney Channels are scheduled to launch in the next two years in Latin America, Scandinavia and several countries in Asia through the region’s Disney Channel Asia Network.

WDTV-I strengthened its position as the leading distributor of programming world wide, licensing some 4,200 hours of programming in 1999. This includes major new agreements in France, Scandinavia and Italy.

New equity investments in HBO Hungary, HBO Czech Republic/Slovakia and an existing investment in HBO Poland have positioned WDTV-I to capitalize on growth opportunities that exist in Central Europe. Existing investments throughout Europe also performed strongly.

Disney’s award-winning shows continued to be among the leading programs enjoyed by kids and families around the world, outperforming the competition in their timeslots in a majority of markets, and reaching approximately 300 million viewers every week.

ABC RADIO

The ABC Radio Division owns 42 stations, which reach a weekly audience of 13 million. The ABC Radio Networks reach an estimated 147 million people weekly through more than 4,400 radio outlets nationwide, featuring five full-service news networks, as well as ESPN Radio. The Networks feature a strong line-up, which includes ABC News, Paul Harvey News & Comment, Tom Joyner and American Country Countdown with Bob Kingsley.

Radio Disney, now heard in 16 of the top 20 markets in the U.S., continued its roll-out in 1999, adding stations in New York, Tampa and Houston. Radio Disney is carried on 45 stations that cover nearly 50 percent of the U.S. market, reaching 1.5 million kids aged 6-11 each week. Radio Disney is targeted to reach 70 percent of the U.S. market in 2000.

Significant exposure on Radio Disney and Disney Channel helped propel "I’ll Be Your Everything" by Youngstown, which records on the Hollywood Records label, into the top ten on the pop single charts.

Art Attack, produced in English-, Spanish-, Italian-, French-, and German-language versions, encourages kids’ creativity by using everyday objects to create artworks.
	The ABC Radio Networks line-up includes legendary news-man Paul Harvey, the #1 urban radio personality Tom Joyner and Bob Kingsley, host of American Country Countdown.
	Over 5,000 kids entered DIGGIT’s “Search for a Star” competition to find a new reporter for one of the U.K.’s top-rated weekend kids shows.