CNN Building Street-Level Studio

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Mimicking the street-level New York studios of ABC News, CBS News and NBC
News, Cable News Network said it is building a Manhattan street-level studio in
the Time & Life building owned by its parent, AOL Time Warner Inc.

The studio -- which CNN said will be completed by the middle of next year --
will house its new Greenfield at Large program and a new evening newscast
that will be hosted by former ABC anchor Aaron Brown.

'This studio will help CNN to interact with the vibrant street life of
Manhattan and with the journalists at Time Inc. magazines,' CNN News Group CEO
Walter Isaacson said in a prepared statement.

CNN said the bulk its New York staff will continue to work out of its bureau
at 5 Penn Plaza until AOL Time Warner completes the construction of a new
corporate headquarters at Columbus Circle.

Most of the network's New York operations will move into the Columbus Circle
building in 2004, it added.

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