March 28, 2005
Hollywood Media Corp.
2255 Glades Road, Suite 221A
Boca Raton, FL 33431
The undersigned are hereby committed to provide the necessary level of financial support to Hollywood Media
Corp. (the "Company") to enable it to pay its debts as they become due for the period beginning on the date
hereof and ending January 1, 2006 (the "Line of Credit"); provided, that the funds advanced to the Company
pursuant to the Line of Credit shall not exceed $5.0 million. The undersigned hereby represent that they have the
financial resources necessary to satisfy their funding obligations under the Line of Credit.
Funds advanced under the Line of Credit will bear interest at the "Prime Rate" (as hereinafter defined) plus one
percent (1%), but not to exceed the maximum rate permitted by law. For the purposes of this letter agreement,
the "Prime Rate" shall be defined as the highest prime rate (if more than one prime rate is given) of large U.S.
money center commercial banks as published in the Wall Street Journal (Eastern Edition) or, if the Wall Street
Journal (Eastern Edition) ceases publishing such prime rate, the prime rate quoted by JP Morgan.
The Line of Credit shall be reduced "dollar for dollar" upon the Company raising or generating during calendar
year 2005 up to $5.0 million for general working capital purposes on or after January 1, 2005 from:
(1) a debt or equity financing transaction;
(2) positive cash flow from operations;
(3) net sale proceeds from the sale of stock or all or substantially all of the assets of any division or subsidiary of
the Company, whether or not such division or subsidiary is wholly-owned by the Company;
(4) the Company's share of cash flows received from debt, equity or similar transactions by its equity investees
(including, but not limited to, the exercise of any stock options or warrants); or
(5) cash distributions received by the Company from MovieTickets.com;
provided, that to the extent such funds raised are used to fu