///Corporate

KATHY NELSON NAMED PRESIDENT, FILM MUSIC FOR UNIVERSAL MUSIC GROUP AND UNIVERSAL PICTURES

Newly Created Position to Capitalize on Film Music Opportunities



Santa Monica, California and Universal City, California, December 4, 2000 – Universal Music Group and Universal Pictures announced the formation of a newly created position to maximize opportunities between music and film and have named Kathy Nelson to head the division. Ms. Nelson’s title will be President of Film Music for Universal Music Group and Universal Pictures. The appointment was jointly announced today by Zach Horowitz, President and Chief Operating Officer, Universal Music Group and Stacey Snider, Chairman, Universal Pictures.

In her dual role, effective early January 2001, Ms. Nelson will become the first executive to oversee both areas of music at a major entertainment company. For Universal Music Group, she will oversee the development and production of all soundtrack albums for the company’s U.S. labels, including those associated with Universal Pictures’ releases as well as other film companies. For Universal Pictures, she will manage all aspects of development and production of feature film music. Harry Garfield, Senior Vice President of Motion Picture Music, Universal Pictures, will report to Ms. Nelson under the new structure.

In making this joint announcement, Zach Horowitz, President & Chief Operating Officer, Universal Music Group said, “Kathy's talent, experience, exceptional musical sensibilities, and special relationships with the creative community in both the film and music worlds make her the perfect executive for this unprecedented position at Universal. In this new role, she will ensure that Universal's film and music companies work even closer together to maximize all creative and commercial opportunities. She began her career as a pioneer in developing soundtrack albums at Universal and we are delighted to have her back.”

Stacey Snider, Chairman, Universal Pictures said, “The unique concept of straddling Kathy’s duties between both music and film will provide us with key opportunities that will result from married strategies, pooled influence and shared knowledge. Kathy is extremely experienced and respected in both industries and alone possesses the skills for this incredible position. I have long envied anyone with whom she has worked, and am so excited that she is bringing her talents to Universal.”

Added Doug Morris, Chairman & Chief Executive Officer, Universal Music Group, “With her tremendous energy, taste and impressive track record, I am confident that Kathy will play a pivotal role in building a creative bridge to more effectively capitalize on the vast opportunities between film and music. I look forward to having her join our company.”

Commented Kathy Nelson, “It is very exciting to be coming back to Universal at a time when both companies are enjoying unparalleled success at the box-office and on the music charts. I look forward to re-joining Zach, working with Doug and all the talented executives at the Music Group as well as with Stacey and her incredible team at Universal Pictures.” She added, “I am extremely grateful to Joe Roth for giving me an incredible opportunity and Peter Schneider and all the executive talent at Disney for graciously supporting me.”

Ms. Nelson is currently President of Film Music for The Walt Disney Motion Picture Group, a position she has held since 1996, with responsibility for all aspects of development and production of feature film music for the studio’s three banners: Disney, Touchstone and Hollywood Pictures. During her impressive tenure at Disney, she has guided the production of many multi-platinum and award-winning projects including such notables as the soundtrack for Armageddon, which featured the Academy Award and Grammy Award nominated #1 smash single by Aerosmith, “I Don’t Want to Miss a Thing,” the soundtrack for Phenomenon, featuring the Grammy Award winning hit single by Eric Clapton with Babyface, “Change the World,” and the Runaway Bride soundtrack which spawned several hits.

Her most recent projects at Disney include the music-laden Jerry Bruckheimer releases Coyote Ugly, the successful soundtrack with songs written by Diane Warren and performed by Leann Rimes, featuring the hit single “Can’t Fight the Moonlight” that continues to enjoy chart success around the world, Gone in 60 Seconds and Remember the Titans, as well as the soundtracks to High Fidelity and Grosse Pointe Blank.

Throughout her career, she has supervised the music in a number of films and worked with such distinguished filmmakers as Don Simpson & Jerry Bruckheimer (Coyote Ugly, Gone in 60 Seconds, Remember the Titans, Armageddon, Con Air, The Rock, Dangerous Minds, Beverly Hills Cop 1 &2), Jon Avnet (Up Close & Personal, Fried Green Tomatoes), Ron Howard (Ransom, Apollo 13), Ridley Scott (G.I. Jane, Thelma & Louise), Tony Scott (Enemy of The State, Days of Thunder, Beverly Hills Cop 2), Alan Parker (Evita, The Commitments), Steven Spielberg (Schindler’s List, Jurassic Park, ET), Martin Scorsese (Bringing Out The Dead, Kundun, Casino, The Color of Money), Jonathan Demme (Beloved, The Silence of the Lambs, Something Wild), Garry Marshall (Runaway Bride, The Other Sister), Robert Redford (The Horse Whisperer) Adrian Lyne (Indecent Proposal), Spike Lee (Summer of Sam, He Got Game, Clockers, Crooklyn), Stephen Frears (High Fidelity), John Waters (Hairspray, Cry Baby, Serial Mom), Quentin Tarantino & Lawrence Bender (Pulp Fiction, Reservoir Dogs), television/film producer Michael Mann (The Insider, Miami Vice), Wes Anderson (Rushmore), John Turtletaub (Phenomenon), among many others.

Prior to joining Disney, Ms. Nelson spent over 10 years at MCA Records, most recently as Senior Vice President, General Manager where she was responsible for building the label’s soundtrack division from the ground up. She enjoyed success across all genres with soundtrack hits that included Pulp Fiction, Dangerous Minds, Beverly Hills Cop, Beverly Hills Cop II, The Commitments, and Miami Vice and Miami Vice II. Kathy also co-produced the Grammy Award-winning Rhythm, Country and Blues project.

Universal Music Group is the world's leading music company with wholly owned record operations or licensees in 63 countries around the world. Its businesses also include one of the largest global music publishing operations with Universal Music Publishing Group and Rondor Music.

Universal Music Group (www.umusic.com) consists of record labels including Decca, Deutsche Grammophon, Interscope Geffen A&M, Island Def Jam Music Group, Jimmy and Doug’s Farmclub.com, MCA Nashville, MCA Records, Mercury Records, Motown Records, Philips, Polydor, Universal Records, and Verve Music Group as well as a multitude of record labels owned or distributed by its record company subsidiaries around the world. The Universal Music Group owns the most extensive catalog of music in the industry, which is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and UM3 (outside the U.S.).

Universal Music Group is a unit of The Seagram Company Ltd., a global entertainment and spirits and wine company.

Universal Pictures is part of Universal Studios (www.universalstudios.com), a unit of The Seagram Company Ltd., a global entertainment and beverage company.

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