Article: Brilliant Digital Entertainment Obtains Financial Viability Exception With Respect to AMEX Shareholder Approval Requirement and Anticipates Closing A Financial Transaction on or About December 19, 2001.

LOS ANGELES -- Brilliant Digital Entertainment, Inc. reported today that the following letter was mailed to its stockholders.

 
   December 10, 2001 
   VIA FIRST CLASS MAIL 
   To the Stockholders of 
   Brilliant Digital Entertainment, Inc. 
Re:  Proposed Financing Transaction 
  Dear Stockholder: 

This letter is being sent to notify you of a proposed financing transaction among Brilliant Digital Entertainment, Inc. (which we refer to in this letter as "we," "us" or "our") and certain investors, which we describe in detail below. We refer to the financing transaction in this letter as the "Transaction."

According to the American Stock ...

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