2015 Revenue, data not yet available % Returns -10.4% 0.0% -5.2% -36.8% -2.0% -2L5% 0.0% 0.0% -0.3% -0.1% -9.2% -8.1% 4 EFTA00602504 Royalty Advances above $50k Books in Print Rousey Novels/Memoir 458,334 578,695 (120,361) Bien Cuit 270,000 25,743 244,257 Out Came the Sun 215,000 77,959

129,058) (890,699) Cash Outflow Royalties - Advance= (14)* 141,000 91,250 295,000 205,000 1,250 0 0 33,750 368,750 230,000 10,=00 65,000 1,441,000 Royalty Advances (15) 250,000 250,000 250,000 2=0,000 250,000 250,000 83,333 83,333 83,333 83,333 83,333 83,333 2,000,000<=r> PPB 0 100,000 473,350 123,700 116,725 1

Flow - OutflOwL - Royalty Advances (14) are the commitments we have made in 2014. These are the installments that we have to pay per title in 2015. Royalty Advances (15) is a placeholder for advances on titles that will be produced in 2016 and beyond. The model front loads (75%) in the first half of 2015. PPB pa

1,777 Cash Outflow Royalties - Advances (14)• 141,000 91,250 295,000 205,000 1,250 0 0 33,750 368,750 230,000 10,000 65,000 1,441,000 Royalty Advances (15) 250,000 250,000 250,000 250,000 250,000 250,000 83,333 83,333 83,333 83,333 83,333 83,333 2,000,000 PPS 0 100,000 473,350 123,