EXHIBIT 99.4

                           TRAVEL CHANNEL CALL OPTION

1.  Parent agrees to grant the Company a call option (the "Travel Option") on
    1/3 of the original equity and economic interest in Parent's travel channel
    ("Travel Channel") for two years from the time of the closing of the
    Company's merger with Merger Sub. The Company may exercise the call by
    notifying Parent of its exercise in writing.

2.  Travel Channel shall be Parent's exclusive domestic vehicle whose primary
    activities are the sale of travel and travel-related services, such as
    airline tickets, hotel rooms, cruises, vacation packages and other travel
    services (collectively, "Travel Services") to customers via the television,
    irrespective of the medium through which such Travel Services are purchased.
    Such Channel shall not prohibit periodic similar activities from occurring
    on other channels owned or controlled by Parent, so long as such activities
    are not a material focus of such other channels.

3.  The exercise price for the Travel Option shall be reimbursement of 1/3 of
    Parent's cost to date of exercise, including cost plus attributable overhead
    incurred by Parent's Subsidiaries, plus interest at Parent's cost of funds
    not to exceed prime plus one percent. To the extent Parent's costs are cash,
    such portion of the exercise price shall be paid in cash. To the extent
    Parent's costs are media contributions, such portion of the exercise price
    shall be paid by the Company by reducing the equivalent dollar amount of
    media provided by Parent to Media LLC.

4.  Parent, and its wholly-owned Subsidiaries, shall provide Travel Channel with
    support for cable affiliate relationships, filming and taping of television
    shows, marketing, customer service, administrative support and other
    services, all at cost plus attributable overhead.

5.  Parent shall use reasonable best efforts to cause Travel Channel to
    establish carriage relationships with MSOs which will involve the payment of
    commissions or up front license fees to those MSOs, as well as the granting
    of Travel Channel equity to MSOs.

6.  The Company shall be entitled to equal matching rights, on identical terms,
    with respect to any on air branding arrangements and sales of travel
    packages including at least two items of inventory, at least one of which is
    air or hotel, on the Travel Channel by any third party.

7.  If the Company exercises the Travel Option, it shall be entitled to appoint
    one of the directors of Travel Channel.

8.  Following the Company's exercise of the Travel Option:

    (a) If Parent issues equity to raise capital in Travel Channel (other than
       issuances to incentivize Channel employees or strategic investors or in
       connection with a strategic transaction done in the ordinary course of
       business), the Company shall have the right to participate in such
       issuance on a pro rata basis.

    (b) If Parent sells all or substantially all of its equity interest in
       Travel Channel to a non-wholly owned Subsidiary, the Company shall have a
       tag-along right with respect to such sale; PROVIDED that upon the
       occurrence of an IPO, such right shall terminate.

9.  Notwithstanding the foregoing, the Company shall not be entitled to veto
    rights with respect to the future operations of Travel Channel, nor with
    respect to future equity issuances, including to new parties. During the
    term of the Travel Option, the Travel Channel shall not issue any equity for
    cash from a financial investor, but can issue equity to strategic partners
    for cash or other consideration. During the term of the Travel Option, any
    funding by Parent or its subsidiaries of the Travel Channel shall be in the
    form of debt.

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10. During the two-year term of the Travel Option, the Company shall have the
    right, upon written notice to Parent, to conduct, on reasonable notice and
    in a reasonable manner, and subject to confidentiality restrictions, due
    diligence on Travel Channel, including access to Travel Channel's
    facilities, personnel (including outside accountants), budget, records,
    contracts, financial information and accounts. In addition, during the
    two-year term of the Travel Option, Travel Channel shall provide the Company
    with monthly reports of financial and operating results. The Company will
    not receive pursuant to this clause 10 confidential or competitive
    information relating to direct competitors, such as Orbitz and Travelocity.

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