PaxNet Inks InterMedia, TCA

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West Palm Beach, Fla. -- InterMedia Partners and TCA Cable
TV Inc. both closed deals with Paxson Communications Corp. last week to carry Pax Net, the
new, family-oriented network that debuts Aug. 31.

Both MSOs will distribute Pax Net in markets where they
have cable systems, but where Paxson doesn't have TV stations or affiliates.

In addition, InterMedia will carry Paxson's existing
TV stations in Atlanta and in Nashville and Knoxville, Tenn., as well as improving the
channel positions of certain Paxson TV stations that it already carries.

The agreement with InterMedia alone will give Pax Net
carriage in 1 million homes.

"The InterMedia agreement adds important viewers to
the Pax TV network in the Southern region of the United States," Paxson chairman
Lowell Paxson said in a prepared statement.

TCA is the 16th-biggest MSO, with mainly classic systems in
Texas, Louisiana and Arkansas.

Tele-Communications Inc. and Comcast Corp. have already
signed carriage agreements with Paxson for Pax Net. Paxson has been paying MSOs launch
fees for carriage.

"TCA reaches subscribers in important markets where
audiences rely primarily on cable television," said Steve Friedman, Paxson's
vice president of cable relations, in a prepared statement.

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