NEWS RELEASE

Headline Media Group (HMG) Enlists Cameron Thomson Group To Pursue Strategic International Business Development

Toronto, Canada, September 19, 2003 — Headline Media Group Inc. (TSX: HMG), the Ontario, Canada-based broadcasting company and Cameron Thomson Group Ltd., a leading provider of business development solutions for the media and entertainment industries, have announced that they have partnered to engage in a program of strategic business development and brand building for Headline Media internationally.

Headline Media’s broadcast networks include The Score Television Network and PrideVision TV, each focused on a distinct market segment.

The Score is a leading source for sports news, information and live events, providing Canadian sports viewers with highlights as they happen, and up-to-the second sports news and information on its tickers which are always on screen, even during commercials. In-depth coverage of pre and post game news gives sports fans the details they need, and can’t find anywhere else. The Score also features premier Canadian and International live sporting events.

PrideVision, the world’s first gay, lesbian, bisexual, transgender (“GLBT”) television network, was launched across Canada in September 2001. PrideVision is designed to be a premier network bringing GLBT relevant news, information and entertainment to the GLBT and GLBT-friendly community.

“This is a very exciting opportunity.” said David Wetherald, Headline Media Senior Vice President. “We are working together to leverage Headline’s key television properties internationally through Cameron Thomson’s network.”

Headline Media and Cameron Thomson are forming a business development relationship that involves working to evolve Headline’s powerful brand and unique broadcast programming and IP formats outside of Canada and across foreign distribution platforms. “We have added our international infrastructure, access to key companies in Europe and the U.S., and high-level approach to Headline Media’s proven track record in originating and launching innovative new media ideas,” said Ronald Thomson, President of Cameron Thomson Group.

The business development process will encompass:

Building strategic relationships with key international satellite, cable and broadband operators, primarily in Europe

Spearheading an on-going business development program focusing on sales and licensing, and on defining and implementing new strategies for digital television (iDTV) and wireless, interactive gaming, thematic channel creation and other revenue generating initiatives

Identifying suitable strategic partnership candidates for the HMG properties internationally

“Headline Media and Cameron Thomson believe that The Score and PrideVision have great potential in Europe and the U.S.,” said Ronald Thomson, President of Cameron Thomson Group. “These properties can easily be translated to international markets, as has happened with several other Canadian broadcast formats, which have been exported and licensed around the world. Our joint team will carry out this mandate of international expansion.”

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About Headline Media Group Inc. (HMG)

Headline Media Group (HMG) is a media company whose primary assets are two specialty television service properties, each of which is focused on a distinct market segment. The Score Television Network provides sports news, information and highlights as well as selected live event sports programming. PrideVision offers programming targeted to the GLBT community, and launched in September, 2001. The Company's Class A Subordinate Voting Shares trade on the Toronto Stock Exchange under the ticker symbol HMG.

For further information contact:
David Wetherald, Senior Vice President and Secretary
Tel: 905 522 4921 E-Mail:david.wetherald@headlinemediagroup.com

Cameron Thomson Group Ltd. is a leading business development company specializing in providing corporate development and investment banking services to the media, IT and entertainment industries. Drawing from its broad base of experienced and highly motivated professionals, Cameron Thomson's expertise is in transforming business ideas into prosperous commercial opportunities. Cameron Thomson has a track record in building successful new media companies that maximize the value of their intellectual properties globally through traditional media, the Internet, and via evolving broadband and wireless distribution mediums.

Cameron Thomson Group is based in Toronto, Canada, with offices in Milan, Italy, and in London, UK. As part of its core offering, the company is engaged in arranging financing for media, entertainment and IT companies. Cameron Thomson Group has established an enviable track record in financing start-up, early-stage companies, mature businesses, motion picture productions and other media projects.

For more information on Cameron Thomson Group, visit www.cameronthomson.com or contact:

Canada - Michael Applebaum at +001.416.350.5009, michael@cameronthomson.com
UK - Victoria Valius at +44.0207.659.1191, email vv@cameronthomson.com
Italy - Enrico Amiotti at +39.335.846 6835 or email: eamiotti@cameronthomson.com