EXHIBIT 10.3
UNSECURED PROMISSORY NOTE
$1,928,137.64 New York, New York May 20, 1999
FOR VALUE RECEIVED, the undersigned, BIG ENTERTAINMENT, INC., a Florida corporation (together
with its successors and assigns, the "Borrower"), hereby promises to pay to the order of THE TIMES MIRROR
COMPANY, a Delaware corporation (together with its successors and assigns, the "Lender"), at the Lender's
offices at 220 West First Street, Los Angeles, California (or such other place as the Lender may designate in
writing to the Borrower), the aggregate principal sum of One million nine hundred twenty-eight thousand one
hundred thirty-seven dollars and 64 cents ($1,928,137.64), with interest, in lawful money of the United States,
upon the terms and subject to the conditions set forth herein. This unsecured promissory note (the "Note") is the
promissory note referred to in Section 1.8(a)(i)(4) of the Agreement and Plan of Merger dated as of January 10,
1999, as amended as of May 14, 1999 (as so amended, the "Merger Agreement"), by and among the Lender,
the Borrower, Hollywood.com, Inc. (formerly Hollywood Online Inc.), a California corporation and a wholly
owned subsidiary of the lender ("HOL"), and Big Acquisition Corp., a Delaware corporation and a wholly
owned subsidiary of the Borrower.
1. PAYMENT AND PREPAYMENT.
(a) REPAYMENT OF PRINCIPAL. The Borrower shall repay the principal amount of this Note in one lump
sum on the earlier of (i) the first anniversary of the date hereof or (ii) an Event of Default (as defined hereinafter)
and upon written notice when required under Section 2 hereof.
(b) PAYMENT OF INTEREST. The unpaid principal amount of this Note shall accrue interest (computed on
the basis of a 365-day year) until paid in full at the prime rate from time to time in effect of Citibank, N.A.., New
York, New York (the "Prime Rate"), plus one percent (1%). Such interest shall be paid quarterly in arrears on
the last day of each June, September, December, and March until payment of this Note in ful