CONSENT UNDER CREDIT AGREEMENT

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Exhibit 99.2

CONSENT UNDER CREDIT AGREEMENT

        CONSENT UNDER CREDIT AGREEMENT (this "Consent"), dated as of April 8, 2005, among PRIMEDIA INC., a Delaware corporation (the "Borrower"), the undersigned lending institutions party to the Credit Agreement referred to below (each a "Consenting Lender" and, collectively, the "Consenting Lenders"), BANK OF AMERICA, N.A. as Syndication Agent (in such capacity, the "Syndication Agent"), CITICORP NORTH AMERICA, INC., as Co-Syndication Agent (the "Co-Syndication Agent"), and JPMORGAN CHASE BANK, N.A. (formerly known as JPMorgan Chase Bank), as Administrative Agent (the "Administrative Agent"). Unless otherwise defined herein, all capitalized terms used herein and defined in the Credit Agreement referred to below are used herein as therein defined.

W I T N E S S E T H:

        WHEREAS, the Borrower, the Lenders, the Syndication Agent, the Co-Syndication Agent, the Co-Documentation Agents and the Administrative Agent have entered into a Credit Agreement, dated as of May 14, 2004 (as amended, modified or supplemented through, but not including, the date hereof the "Credit Agreement");

        WHEREAS, the Borrower has requested consents in respect of the Consented Transactions (as defined below) from the lenders under its Credit Agreement, dated as of June 20, 2001, with JPMorgan Chase Bank, N.A. (formerly known as JPMorgan Chase Bank), as Administrative Agent (the "Other Consent"); and

        WHEREAS, the parties hereto wish to provide their consents under the Credit Agreement on the terms and conditions set forth herein with respect to the Consented Transactions (as defined below);

        NOW, THEREFORE, it is agreed;

A.

Consent Under the Credit Agreement

        Notwithstanding anything to the contrary contained in the Credit Agreement, the Consenting Lenders hereby agree that, after the Consent Effective Date (as defined below), but prior to May 31, 2005:

(i)

the Borrower may redeem or repurchase shares of its $10.00 Series D Exchangeable Preferred Stock up to an aggregate purchase or redemption price equal to $168,000,000 of the liquidation preference thereof plus accrued but unpaid dividends thereon and any applicable premium with respect thereto (such redemption or repurchase, the "Series D Preferred Repurchase"); and



(ii)

the Borrower may redeem or repurchase shares of its $9.20 Series F Exchangeable Preferred Stock up to an aggregate purchase or redemption price equal to $96,000,000 of the liquidation preference thereof plus accrued but unpaid dividends thereon and any applicable premium with respect thereto (such redemption or repurchase, the "Series F Preferred Repurchase" and, together with the Series D Preferred Repurchase, the "Consented Transactions" and each, a "Consented Transaction").

The Lenders hereby waive any Default or Event of Default arising solely from the Consented Transactions consummated in accordance with the terms hereof.

B.

Miscellaneous Provisions

        1.     In order to induce the Consenting Lenders to enter into this Consent, the Borrower hereby represents and warrants to each of the Lenders that (i) all of the representations and warranties contained in the Credit Agreement and in the other Credit Documents are true and correct in all material respects on and as of the Consent Effective Date, both before and after giving effect to this Consent (unless such representations and warranties relate to a specific earlier date, in which case such

representations and warranties shall be true and correct as of such earlier date), and (ii) there exists no Default or Event of Default on the Consent Effective Date, both before and after giving effect to this Consent.

        2.     This Consent is limited as specified and shall not constitute a modification, acceptance or waiver of any other provision of the Credit Agreement or any other Credit Document.

        3.     This Consent may be executed in any number of counterparts and by the different parties hereto on separate counterparts, each of which counterparts when executed and delivered shall be an original, but all of which shall together constitute one and the same instrument. A complete set of counterparts executed by all the parties hereto shall be lodged with the Borrower and the Administrative Agent.

        4.     THIS CONSENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAW OF THE STATE OF NEW YORK.

        5.     This Consent shall become effective on the date (the "Consent Effective Date") when (i) the Borrower and Consenting Lenders constituting the Required Lenders shall have signed a counterpart hereof (whether the same or different counterparts) and shall have delivered (including by way of telecopier) the same to the Administrative Agent at the Notice Office, (ii) the Other Consent has become effective in accordance with its terms and (iii) the Borrower shall have paid to the Administrative Agent for distribution to each Consenting Lender which executes and delivers to the Administrative Agent (or its designee) a counterpart hereof by no later than 3:00 p.m. New York time on April 8, 2005, a non-refundable cash fee (the "Consent Fee") in an amount equal to 0.05% of the aggregate principal amount of the outstanding Loans of such Consenting Lender on the Consent Effective Date.

        6.     From and after the Consent Effective Date, all references in the Credit Agreement and in the other Credit Documents to the Credit Agreement shall be deemed to be references to the Credit Agreement as modified hereby.

*    *    *

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IN WITNESS WHEREOF, the undersigned have caused this Consent to be duly executed and delivered as of the date first above written.

		PRIMEDIA INC.
		By:	/s/  XXXXXXX X. XXXXX
			Title: SVP, CFO, Treasurer

[Signature Page to the Consent to the 2004 Credit Agreement]

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		JPMORGAN CHASE BANK, N.A. (formerly known as JPMorgan Chase Bank), Individually and as Administrative Agent
		By:	/s/  XXXX X. XXXXXXXXXX
			Title: Managing Director

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		~ OYLMPIC CLOI
		By:	/s/  XXXX X. XXXXXXXXX
			Title: Chief Operating Officer          Centre Pacific Manager

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		SIERRA CLOI
		By:	/s/  XXXX X. XXXXXXXXX
			Title: Chief Operating Officer          Centre Pacific Manager

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		C-SQUARED CDO LTD.
		By:	TCW Advisors, Inc., as its Portfolio Manager
		By:	/s/  XXXXXXXXX X. XXXXXX Title: Managing Director

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		CELEBRITY CLO LIMITED
		By:	TCW Advisors, Inc., As Agent
		By:	/s/  XXXXXXX X. XXXXXX Title: Chief Operating Officer          Centre Pacific Manager
		By:	/s/  XXXX X. XXXXXX Title: Managing Director

8

		LOAN FUNDING I LLC, a wholly owned subsidiary of Citinank, N.A.
		By:	TCW Advisors, Inc., as portfolio manager of Loan Funding I LLC
		By:	/s/  XXXXXXX X. XXXXXX Title: Chief Operating Officer          Centre Pacific Manager
		By:	/s/  XXXX X. XXXXXX Title: Managing Director

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		TCW SELECT LOAN FUND, LIMITED
		By:	TCW Advisors, Inc., as its Collateral Manager
		By:	/s/  XXXXXXX X. XXXXXX Title: Chief Operating Officer          Centre Pacific Manager
		By:	/s/  XXXX X. XXXXXX Title: Managing Director

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		FIRST 2004-I CLO, LTD.
		By:	TCW Advisors, Inc., as its Collateral Manager
		By:	/s/  XXXXXXX X. XXXXXX Title: Chief Operating Officer          Centre Pacific Manager
		By:	/s/  XXXX X. XXXXXX Title: Managing Director

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		FIRST 2004-II CLO, LTD.
		By:	TCW Advisors, Inc., as Collateral Manager
		By:	/s/  XXXXXXX X. XXXXXX Title: Chief Operating Officer          Centre Pacific Manager
		By:	/s/  XXXX X. XXXXXX Title: Managing Director

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		JEFFERSON—PILOT INSURANCE COMPANY
		By:	TCW Advisors, Inc., as its Investment Advisor
		By:	/s/  XXXXXXX X. XXXXXX Title: Chief Operating Officer          Centre Pacific Manager
		By:	/s/  XXXX X. XXXXXX Title: Managing Director

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		VELOCITY CLO, LTD. By: TCW Advisors, Inc., as Collateral Manager
		By:	/s/  XXXXXXX X. XXXXXX Title: Chief Operating Officer          Centre Pacific Manager
		By:	/s/  XXXX X. XXXXXX Title: Managing Director

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		GALLATIN FUNDING LTD.
		By:	Bear Xxxxxx Asset Management Inc. as its Collateral Manager
		By:	/s/  XXXX X. XXXXXXXXX Title: Managing Director

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		GRAYSTON CLO 2001-01 LTD.
		By:	Bear Xxxxxx Asset Management Inc. as its Collateral Manager
		By:	/s/  XXXX X. XXXXXXXXX Title: Managing Director

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		GRAYSTON CLO II 2004-01 LTD.
		By:	Bear Xxxxxx Asset Management Inc. as its Collateral Manager
		By:	/s/  XXXX X. XXXXXXXXX Title: Managing Director

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		FLAGSHIP CLO 2001-1 By: Flagship Capital Management, Inc.
		By:	/s/  XXXX X. XXXXX Title: Director

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		FLAGSHIP CLO II By: Flagship Capital Management, Inc.
		By:	/s/  XXXX X. XXXXX Title: Director

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		WINDSOR LOAN FUNDING, LIMITED
		By:	Xxxxxxxxx Capital Partners LLC as its Investment Manager
		By:	/s/  XXXXXXXXXXX X. XXXXXX Title: Managing Partner

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		CLYDESDALE CLO 2004, LTD.
		By:	Nomura Corporate Research and Asset Management Inc. as Investment Manager
		By:	/s/  XXXXXXXXX XXXXXXX Title: Director

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		NORMURA BOND & LOAN FUND
		By:	UFJ Trust Bank Limited as Trustee
		By:	Normura Corporate Research and Asset Management Inc. Attorney in Fact
		By:	/s/  XXXXXXXXX XXXXXXX Title: Director

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		GOLDENTREE LOAN OPPORTUNITIES I, LIMITED
		By:	GoldenTree Asset Management, LP
		By:	/s/  XXXXXXXXX X. XXXXXX Title: Portfolio Manager

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		TORONTO DOMINION (NEW YORK), LLC
		By:	/s/  XXXXXX XXXXXX Title: Authorized Signatory

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		GOLDENTREE LOAN OPPORTUNITIES II, LIMITED
		By:	GoldenTree Asset Management, LP
		By:	/s/  XXXXXXXXX X. XXXXXX Title: Portfolio Manager

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		MONUMENT PARK CDO LTD.
		By:	Blackstone Debt Advisors L.P. as Collateral Manager
		By:	/s/  XXXX X. CRIASRES
			Title: Managing Director

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		SAKATY ADVISORS, LLC as Collateral Manager for Race Point CLO, Limited, as Term Lender
		By:	/s/  XXXXXXX XXXXX
			Title: Senior Vice President

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		SAKATY ADVISORS, LLC as Collateral Manager for Race Point II CLO, Limited, as Term Lender
		By:	/s/  XXXXXXX XXXXX
			Title: Senior Vice President

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		ROSEMONT CLO, LTD.
		By:	Deerfield Capital Management LLC as its Collateral Manger
		By:	/s/  XXXX X. XXXXXXXXX
			Title: Senior Vice President

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		BRYN MAWR CLO, LTD.
		By:	Deerfield Capital Management LLC as its Collateral Manager
		By:	/s/  XXXX X. XXXXXXXXX
			Title: Senior Vice President

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		FOREST CREEK
		By:	Deerfield Capital Management LLC as its Collateral Manager
		By:	/s/  XXXX X. XXXXXXXXX
			Title: Senior Vice President

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		XXXXXX XXXXXX CLO, LTD.
		By:	Deerfield Capital Management LLC as its Collateral Manager
		By:	/s/  XXXX X. XXXXXXXXX Title: Senior Vice President

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		ACCESS INSTITUTIONAL LOAN FUND
		By:	Deerfield Capital Management LLC as its Portfolio Manager
		By:	/s/  XXXX X. XXXXXXXXX Title: Senior Vice President

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		HARBOUR TOWN FUNDING LLC
		By:	/s/  XXXXXXXX X. XXXXXXX Title: Assistant Vice President

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		MUIRFIELD TRADING LLC
		By:	/s/  XXXXXXXX X. XXXXXXX Title: Assistant Vice President

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		SAWGRASS TRADING LLC
		By:	/s/  XXXXXXXX X. XXXXXXX Title: Assistant Vice President

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		APEX (TRIMARAN) CDO I, LTD.
		By:	Trimaran Advisors, L.L.C.
		By:	/s/  XXXXX X. XXXXXXXX Title: Managing Director

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		GALAXY III CLO LTD
		By:	AIG Global Investment Group as Collateral Manager
		By:	/s/  W. XXXXXXX XXXXXX Title: Vice President

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		GALAXY CLO 2003-1 LTD
		By:	AIG Global Investment Group as Collateral Manager
		By:	/s/  W. XXXXXXX XXXXXX Title: Vice President

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		GALAXY CLO 1999-1 LTD By: AIG Global Investment Group as Collateral Manager
		By:	/s/  W. XXXXXXX XXXXXX Title: Vice President

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		SUNAMERICA SENIOR FLOATING RATE FUND, INC. By: AIG Global Investment Corp. Investment Sub-Advisor
		By:	/s/  W. XXXXXXX XXXXXX Title: Vice President

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		NORTHWOOD CAPITAL IV, LIMITED By: Angelo, Gordon, & Co., L.P., as Collateral Manager
		By:	/s/  XXXX X. XXXXXX Title: Managing Director

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		ATRIUM CDO
		By:	/s/  XXXXX X. XXXX Title: Authorized Signatory

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		ATRIUM III
		By:	/s/  XXXXX X. XXXX Title: Authorized Signatory

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		CSAM FUNDING I
		By:	/s/  XXXXX X. XXXX Title: Authorized Signatory

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		CSAM FUNDING IV
		By:	/s/  XXXXX X. XXXX Title: Authorized Signatory

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		CREDIT SUISSE ASSET MANAGEMENT SYNDICATED LOAN FUND
		By:	/s/  XXXXX X. XXXX Title: Authorized Signatory

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		FIRST DOMINION FUNDING I
		By:	/s/  XXXXX X. XXXX Title: Authorized Signatory

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		FIRST DOMINION FUNDING II
		By:	/s/  XXXXX X. XXXX Title: Authorized Signatory

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		FIRST DOMINION FUNDING III
		By:	/s/  XXXXX X. XXXX Title: Authorized Signatory

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		CLYDESDALE CLO 2003 LTD
		By:	Nomura Corporate Research and Asset Management Inc. as Collateral Manager
		By:	/s/  XXXXXXXXX XXXXXXX Title: Director

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