BIG ENTERTAINMENT, INC.
SECURITIES PURCHASE AGREEMENT
July 28, 1999
EXHIBITS
A -- Form of Warrant
B -- Registration Rights Statement
2
SECURITIES PURCHASE AGREEMENT
This Securities Purchase Agreement (this "Agreement") is entered into effective as of July 28, 1999 by and
between BIG ENTERTAINMENT, INC., a Florida corporation (the "Company") and AOL LATIN
AMERICA, S.L., a limited liability company organized under the laws of Spain ("Purchaser").
SECTION 1 SALE OF STOCK; CLOSING; DELIVERY
1.1 SALES OF STOCK. Subject to the terms and conditions hereof, the Company agrees to issue and sell to
Purchaser, and Purchaser agrees to buy from the Company (i) 135,000 shares (the "Shares") of the Company's
authorized Common Stock, par value $.01 per share (the "Common Stock"), and (ii) a Warrant exercisable to
purchase 100,000 shares of Common Stock (the "Warrant" and, together with the Shares, the "Securities"). The
aggregate purchase price for the Securities (the "Consideration") shall be equal to the services to be delivered to
the Company's wholly owned subsidiary, Hollywood.com International, Inc., by the Purchaser pursuant to the
Interactive Services Agreement of even date herewith between Hollywood.com International, Inc. and the
Purchaser (the "Services Agreement").
1.2 CLOSING. The closing of the purchase and sale of the Shares hereunder (the "Closing") will take place on
the date hereof (the "Closing Date"), at the offices of the Company, 2255 Glades Road, Suite 237W, Boca
Raton, FL 33431, or at such other time and place upon which the Company and Purchaser may mutually agree.
1.3 PAYMENT AND DELIVERY. At the Closing, the Company will deliver to Purchaser a certificate
representing the Warrant substantially in the form of EXHIBIT A hereto against delivery by the Purchaser of an
executed copy of the Services Agreement. On the earlier of (i) the Launch Date and (ii) the date that is 90 days
after the Closing Date, the Company will deliver to Purchaser a certificate representing th