COMEDY CENTRAL'S(R) DYNAMIC SKETCH DUO "KEY & PEELE" RENEWED FOR THIRD SEASON

Network Orders 13 Episode Third Season to Premiere in Fall 2013

Executive Produced by Keegan-Michael Key, Jordan Peele, Ian Roberts, Jay Martel and Joel Zadak

Season Finale Airs Wednesday, November 28 at 10:30 ET/PT

NEW YORK, November 27, 2012 - The many faces of COMEDY CENTRAL's sketch comedy stars Keegan-Michael Key and Jordan Peele will continue to make a mark in today's cultural zeitgeist as the all-comedy channel has ordered a third season of the hit sketch show "Key & Peele," it was announced today by Kent Alterman, Head of Original Programming and Production, COMEDY CENTRAL. The series is created by and stars Key and Peele and is executive produced by Key, Peele, Ian Roberts, Jay Martel and Joel Zadak. Thirteen new episodes are set to premiere in the fall of 2013.

"Since Obama won re-election, it only seems fair that we would give 'Key and Peele' another season," said Alterman.

"We are so thrilled about the pick-up and want to thank COMEDY CENTRAL for FOUR MORE YEARS!" said Key and Peele. "Oh wait, what's that? One more year? Oh....ok, that will work too."

The second season of "Key & Peele," currently airing new episodes on Wednesdays at 10:30 p.m. ET/PT, is averaging 1.5 million viewers each week and is number one in its timeslot with Men 18-34 and Men 18-24 in all of television (source: Nielsen Media Research, most current data, 9/26/12 - 11/14/12, original telecasts only). The series originally launched in January of this year, and was the biggest COMEDY CENTRAL launch since 2009.

The Obama/Luther video "Obama Loses His SH*T" has received over five million views. In addition, the series has become a digital sensation, with show sketches amassing nearly 40 million views, highlighted by the "East/West College Bowl," "Substitute Teacher" and the Obama/Luther "Victory" speech, which was released on Election Night and hit one million views in only 36 hours.

"Key & Peele" features Keegan-Michael Key and Jordan Peele, who are best known for their impressive ability for improv, celebrity impressions and conjuring up original characters. The show utilizes a combination of filmed sketches and live stage segments to examine life in a provocative and irreverent way, from two men used to being on the outside looking in. Whether it's satirizing the President, spoofing musical acts, or introducing Mary Magdalene's pimp, "Key & Peele" showcases their chemistry, camaraderie and unique point of view, born from their shared background and experiences growing up biracial in a not quite post-racial world.

Credits for "Key & Peele" include Key, Peele, Ian Roberts, Jay Martel and Joel Zadak as Executive Producers. Gary Mann and Jackie Phillips are the Executives in Charge of Production for COMEDY CENTRAL.

Available on-air, online and on-the-go, COMEDY CENTRAL (www.cc.com) is the #1 brand in comedy and is owned by, and is a registered trademark of, Comedy Partners, a wholly-owned unit of Viacom Inc. (NASDAQ: VIA and VIAB).