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Thursday, 03/25/2004 10:57:17 AM

Thursday, March 25, 2004 10:57:17 AM

Post# of 450
Comcast Agrees to Purchase TechTV

/FROM PR NEWSWIRE PHILADELPHIA 800-523-4424/
TO BUSINESS AND ENTERTAINMENT EDITORS:

Comcast Agrees to Purchase TechTV

PHILADELPHIA, March 25 /PRNewswire/ -- Comcast Corporation
(Nasdaq: CMCSA, CMCSK) announced today that it has signed an agreement with
Vulcan Programming Inc. to acquire TechTV, Inc. Upon closing, Comcast will
merge TechTV with G4, the Comcast-owned television network devoted to video
games and the gamer lifestyle.
Building on the complementary strengths of two niche programming networks
that combine the worlds of technology and entertainment, the acquisition of
TechTV would create a network that complements Comcast's growing content
portfolio and expands G4's distribution. The combined channel would be
available to 44 million cable and satellite customers nationwide.
Charles Hirschhorn, founder and CEO of G4, will be the CEO of the combined
network. "This merger is a win for G4; a win for TechTV; and a win for our
advertising and affiliate partners," said Hirschhorn. "The result will be one
compelling TV channel that showcases the fun and entertaining side of games
and technology with the distribution necessary to achieve broad appeal."
EchoStar Communications Corporation (Nasdaq: DISH) will have an equity
interest in the combined entity and has agreed to make the channel available
to its DISH Network customers who subscribe to its mid-level America's Top 120
programming package or greater.
The transaction is subject to customary closing conditions and regulatory
approvals. Financial terms were not disclosed.
Launched in 2002, G4 is currently seen in 15 million cable homes
nationwide and was created for the 145 million gamers in the United States who
spend upwards of $11 billion annually on video games. TechTV, previously
known as Ziff-Davis TV (ZDTV), was launched in 1998, was purchased by Vulcan
Programming Inc. in 2000 and is now available in 43 million homes in the
United States.

About G4
Headquartered in Los Angeles, G4 (www.g4tv.com) is the premier 24/7
television network devoted to the world of video games and the people who play
them. Geared toward viewers aged 12-34, G4 is the leading source of
entertainment and information about everything game - from video to online to
computer to wireless. The network airs in 13.3 million homes in 47 of the top
50 DMA's nationwide on Comcast, Time Warner, Cox, Insight, Mediacom, Bright
House Networks and RCN cable systems. Launched in 2002, G4 is owned by
Comcast Corporation.

About TechTV
TechTV is the category-defining cable and satellite network that showcases
the smart, edgy and unexpected side of technology. By telling stories through
the prism of technology, TechTV intrigues viewers with everything from help
and information to cutting-edge factual programming and outrageous late-night
fun. TechTV viewers are highly interactive and passionate about
engaging in the television experience and log a monthly average of 1.8 million
unique visitors to TechTV.com. TechTV is currently available in more than
43 million homes in the United States and distributes content to more than
70 countries.

About Comcast
Comcast Corporation (Nasdaq: CMCSA, CMCSK) (www.comcast.com) is
principally involved in the development, management and operation of broadband
cable networks and in the provision of programming content. The Company is
the largest cable company in the United States, serving more than 21 million
cable subscribers. The Company's content businesses include majority
ownership of Comcast Spectacor, Comcast SportsNet, E! Entertainment
Television, Style Network, The Golf Channel, Outdoor Life Network and G4.
Comcast Class A common stock and Class A Special common stock trade on The
NASDAQ Stock Market under the symbols CMCSA and CMCSK, respectively.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995: Statements in this press release regarding Comcast Corporation which
are not historical facts are "forward-looking statements" that involve risks
and uncertainties. For a discussion of such risks and uncertainties, which
could cause actual results to differ from those contained in the forward-
looking statements, see "Risk Factors" in the Comcast Corporation's Annual
Report or Form 10-K for the most recently ended fiscal year.

SOURCE Comcast Corporation

/CONTACT: Jenni Moyer, Comcast Corporation, +1-215-851-3311; or
David Shane, G4, +1-310-979-5015/

/Web site: http://www.g4tv.com /


/Web site: http://www.comcast.com /


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