ELECTUS ACQUIRES INTERNATIONAL RIGHTS TO THE SHOWTIME(R) DOCU-SERIES "YEARS OF LIVING DANGEROUSLY"

Event series to debut in 2014 and headlined by a star-studded cast including Matt Damon, Don Cheadle and Arnold Schwarzenegger

(Los Angeles, CA) - September 12, 2013 -- Multimedia entertainment studio Electus, an operating business of IAC (NASDAQ: IACI) today announced that its global distribution arm, Electus International, has acquired international rights to Years of Living Dangerously, premiering on SHOWTIME in April 2014. This multi-part docu-series event tells the biggest story of our time: climate change and its impact on people. Over the course of up to eight episodes, the series travels to Texas, Kansas, California, Colorado, New York, Maine, the Carolinas, Florida, the Middle East, Africa, the Andes, the North Pole, Indonesia, Bangladesh and the South Pacific to feature character-driven narratives with real people facing the crippling effects of climate change-related weather events, the politics of global warming and the efforts made to find solutions to the problem.

"The drastic effects that climate change is having on our world is a global problem, and nobody can tell that story better than James Cameron, Joel Bach, David Gelber and Dan Abbasi," said John Pollak, President of Electus International. "To have some of Hollywood's biggest filmmakers and celebrities involved makes this an incredible television event series that will highlight a topic that will continue to impact future generations."

The show was created by former 60 Minutes producers Joel Bach and David Gelber (winners of a combined 11 Emmy Awards) and executive produced by James Cameron (Avatar, Titanic), Arnold Schwarzenegger, Jerry Weintraub (producer of the Ocean's Eleven franchise) and climate change expert Daniel Abbasi. Former 60 Minutes producer Solly Granatstein (winner of seven Emmy Awards) and Avatar Alliance Foundation executive director Maria Wilhelm are co-executive producers. Chris Cooper-Hohn, Rena Shulsky David, Jeremy Grantham, Barbara and Amos Hostetter, Christian Krüger, as well as Susan and Stephen Mandel are co-producers of the series. Joseph Romm, former Acting Assistant Secretary of Energy, author and editor of ClimateProgress.org is "Years'" chief science advisor.

"In addition to our core coverage of the dramatic climate change story in the USA the "Years" team has crisscrossed the globe to uncover gripping stories. We couldn't be more pleased to partner with Electus' passionate and experienced team to extend our distribution reach to a truly global audience," said Abbasi.

Electus International will be selling the finished tape format in October at the 2014 MIPCOM conference, the year's most anticipated global market for entertainment content across all platforms.

ABOUT ELECTUS:

Electus is the first integrated multimedia entertainment studio to unite producers, creators, advertisers and distributors under one roof and produce all forms of content for distribution across a variety of platforms around the world, including: broadcast, cable, digital, OTT and various emerging technologies. The company connects advertisers, distributors and content creators early on in the development process, enabling marketers and advertisers to be true partners in campaigns and content creation. Electus International, the global distribution arm of Electus, is responsible for all international sales and distribution for Electus' programming and its studio partners as well as programs and formats from other well-known third party providers. Electus is an operating business of IAC [NASDAQ: IACI]. For more information on Electus, visit www.electus.com

ABOUT SHOWTIME:

Showtime Networks Inc. (SNI), a wholly-owned subsidiary of CBS Corporation, owns and operates the premium television networks SHOWTIME(R), THE MOVIE CHANNEL(TM) and FLIX(R), as well as the multiplex channels SHOWTIME 2(TM), SHOWTIME(R) SHOWCASE, SHOWTIME EXTREME(R), SHOWTIME BEYOND(R), SHOWTIME NEXT(R), SHOWTIME WOMEN(R), SHOWTIME FAMILYZONE(R) and THE MOVIE CHANNEL(TM) XTRA. SNI also offers SHOWTIME HD(TM), THE MOVIE CHANNEL(TM) HD, SHOWTIME ON DEMAND(R) and THE MOVIE CHANNEL(TM) ON DEMAND, and the network's authentication service SHOWTIME ANYTIME(R). SNI also manages Smithsonian Networks(TM), a joint venture between SNI and the Smithsonian Institution, which offers Smithsonian Channel(TM). All SNI feeds provide enhanced sound using Dolby Digital 5.1. SNI markets and distributes sports and entertainment events for exhibition to subscribers on a pay-per-view basis through SHOWTIME PPV(R).