JumpTV Reports Q4 Revenue of US$4.7 Million

JumpTV’s 2007 Revenue: $8.97 Million Up From $2.06 Million in 2006

TORONTO -- March 27, 2008 -- JumpTV Inc. ("JumpTV" or the "Company") (TSX: JTV) (AIM: JTV), a leader in broadcasting international television and sports over the Internet, today announced quarterly and year-end results for the period ended December 31, 2007 in U.S. dollars.

For the quarter ended December 31, 2007 revenue increased to $4,791,534 from $748,864 in the same period a year ago. Sequentially, revenue increased from $2,004,056 in the third quarter of 2007, primarily due to the acquisition of the Broadband Network Division of XOS Technologies Inc. on August 31, 2007.

Of the $4.79 million in revenue in the quarter, $2.4 million was earned through monthly, quarterly and annual subscriptions, approximately $0.7 million from pay per view subscriptions, $0.45 million from advertising and $1.24 million from other services such as JumpTV's net share of e-commerce transactions and ticketing.

Revenue for the year ended December 31, 2007 was $8,974,659 up from $2,061,031 reported in 2006. The Company acquired the Broadband Network Division of XOS Technologies Inc. on August 31, 2007.

The net loss for the three months ended December 31, 2007 was $10,504,582 or $0.21 per basic and diluted share compared to $8,676,543 or $0.25 per basic and diluted share in the same period a year ago and $6,466,061 or $0.13 per share in the quarter ended September 30, 2007. The increase in net loss was primarily due to non-cash expenses totaling approximately $3 million and the accrual of approximately $400,000 relating to severance.

The net loss for the year ended December 31, 2007 was $30,570,111 up from the loss of $25,597,096 reported in 2006.

As previously reported, the Company had $51 million in cash and equivalents as of December 31, 2007.

Jordan Banks, newly appointed CEO of JumpTV said, "We are pleased to see our revenue and subscriber base continue to grow though we recognize that the loss levels are not sustainable. To that end, we developed an eight point strategic plan announced February 14, 2008, which we are confident will lead the JumpTV to cash breakeven by year end."

JumpTV had approximately 92,000 subscriptions at December 31, 2007 as compared to 28,138 at December 31, 2006. As at December 31, 2007, approximately 57,000 subscriptions were subscriptions to JumpTV Sports and 35,000 were subscriptions to the Company's international channels. In addition, the Company had a total of approximately 52,000 pay-per view purchases during the three months ended December 31, 2007. The Company launched a free-to-consumer offering of what were previous subscription-supported international channels in mid 2007 and now offers approximately 120 channels free-to-consumer in the US (and five in Canada).

The following metrics for churn, SAC and ARPU are based solely on JumpTV International's content offerings. The Company doesn’t intend to report on these subscription-based metrics in future periods. Metrics related to the company’s expanding advertising business are noted below.

The Company reported the following traffic related average monthly metrics in connection with overall user activity on JumpTV.com, our Jumper affiliates and on JumpTV Sports-managed sites but not including third-party distributors of JumpTV content such as AOL.com and Terra.com:

Nada Usina, newly appointed President of JumpTV noted, "We have built a direct ad sales force over the past few months to leverage the value of the inventory resident across all of our content. To date, we are delighted with the traffic metrics we are achieving together with the demographics of our users. This, coupled with our unique content, leads us to believe JumpTV is on the cusp of successfully monetizing these assets. We are also very excited to continue to monetize as we add new sports and Latin American channel partnerships and continue to grow our existing content relationships."

The Company reports quarterly and recent key developments for JumpTV:

• Jordan Banks, former managing director of eBay Canada was appointed CEO on October 29, 2007.

• Mr Banks announced JumpTV's strategic realignment subsequent to quarter end which will see the Company's resources focused on its 175 US college and other sports content partnerships and its 40 Hispanic sports and entertainment television channel partnerships. As a consequence of this focus, the Company is evaluating alternatives to optimize value for all constituents with respect to its content delivery network and its portfolio of non-Hispanic international channels.

• In December 2007, comScore ranked JumpTV as the #1 most engaging sports website in the U.S. based on number of minutes watched per viewer. In addition, comScore ranked JumpTV #3 – trailing only the NFL.com and ESPN.com – based on total number of minutes viewed.

• JumpTV announced a partnership with SCP Worldwide resulting in JumpTV having a carried interest in 20 per cent of the net revenue earned from the fees generated for 70 upcoming South American World Cup Qualifying matches to be played in 2008 and 2009 leading up to the FIFA World Cup in 2010.

• Subsequent to year end JumpTV announced a series of key executive hires Blair Baxter as Chief Financial Officer; Elmer Sotto as Vice President, Product and Business Operations; and Jay Howard as Vice President and General Counsel. In addition, Nada Usina was appointed President of JumpTV, replacing Kaleil Isaza Tuzman. Mr Tuzma additionally resigned from the Company's Board of Directors effective March 26, 2008.

About JumpTV
JumpTV (www.jumptv.com), (TSX/AIM: JTV), is a world leading broadcaster of sports and international television over the Internet. JumpTV streams over 10,000 live sports events per year in partnership with over 175 sports properties and also streams over 250 television channels from 70+ countries around the world. JumpTV delivers its users full-screen sports, news and entertainment content on a real-time basis to all corners of the globe via ordinary Internet connections on their home computers and laptops.

Forward-looking statement
Certain statements herein may constitute forward-looking statements, including those identified by the expressions "may," "will," "should," "could," "anticipate," "believe," "plan," "estimate," "potential," "expect," "intent" and similar expressions to the extent they relate to JumpTV or its managements. These statements reflect JumpTV's current expectations and are based on information currently available to management. These forward-looking statements are subject to a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risk Factors" contained in JumpTV's prospectus (admission document) dated August 1, 2006 and the matters discussed under "Risk Factors" contained in JumpTV's final short form prospectus dated February 19, 2007. These forward-looking statements are made as of the date hereof, and JumpTV assumes no obligation to update or revise them to reflect new events or circumstances.

Key Performance Indicators and Other Measures
JumpTV is not aware of any uniform standards for calculating ARPU, SAC, Churn, streams views, minutes viewed, page views, unique visitors, and advertising impressions and we believe that JumpTV's presentation of these measures may not be calculated consistently with other companies in the same or similar business. Moreover, these measures are of operational performance and not measures of financial performance under generally accepted accounting principles.

JUMPTV PR/IR CONTACTS:
North America:

Jennifer Barron
Director of Communications
JumpTV Inc.
T: 1.647.426.1243
jbarron@jumptv.com

Lewis Goldberg
KCSA Strategic Communications
T: 1.212.896.1216

UK:

Andrew Chubb
Canaccord Adams Limited
+44 207 050 6500