TV LAND INKS SCRIPT DEAL WITH ELECTUS' BEN SILVERMAN AND WRITER JON SHERMAN

New York, NY - October 7, 2013 - TV Land has closed a half-hour workplace comedy script deal with multimedia studio Electus, an operating business of IAC (NASDAQ:IACI) which was announced today by Keith Cox, Executive Vice President, Development and Original Programming for TV Land. The script revolves around a 30-something woman as she navigates the executive ranks among her old-school male counterparts while her 20-something male assistant tries to make it amid his female-dominated peers - two fish, a big corporate pond, and very little water. The untitled script will be written and executive produced by Jon Sherman ("Frasier") with Electus' Chairman and Founder, Ben Silverman and Jimmy Fox also executive producing.

"Jon Sherman is a brilliant writer and we are thrilled to be working with him and the amazing team at TV Land," said Silverman. "Electus is growing across all genres with best in class partners."

Cox added, "Jon's contemporary take on a workplace comedy is a universal concept that we are really excited to explore. With him and the Electus team at the helm, we can't wait to see the uncomfortable situations the characters will face and what comedic boundaries they will push."

In addition to the Electus project, TV Land also recently announced a sitcom pilot, "Jennifer Falls," starring Jaime Pressly, and a second for a single camera show, "Younger," written by Darren Star. This December, TV Land will debut its newest original series, "Kirstie," which stars Kirstie Alley, Michael Richards, Rhea Perlman and Eric Petersen. TV Land's other original sitcoms, "Hot in Cleveland," "The Exes" and "The Soul Man," just wrapped their summer seasons.

About TV Land

TV Land is the programming destination featuring the best in entertainment on all platforms for consumers in their 40s and 50s. Consisting of original programming, classic and contemporary television series acquisitions, hit movies and digital portfolio, TV Land is now seen in over 98 million U.S. Homes.

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 3rd party providers. Electus is an operating business of IAC [NASDAQ: IACI]. For more information on Electus, visit www.electus.com.

About Viacom

Viacom (NASDAQ: VIA, VIAB) is home to the world's premier entertainment brands that connect with audiences through compelling content across television, motion picture, online and mobile platforms in more than 160 countries and territories. With approximately 700 million global subscribers, Viacom's leading brands include MTV, VH1, CMT, Logo, BET, CENTRIC, Nickelodeon, Nick Jr., TeenNick, Nicktoons, Nick at Nite, COMEDY CENTRAL, TV Land, Spike TV, T?3s, Paramount Channel and VIVA. Paramount Pictures, America's oldest film studio and creator of many of the most beloved motion pictures, continues today as a major global producer and distributor of filmed entertainment. Viacom operates a large portfolio of branded digital media experiences, including many of the world's most popular properties for entertainment, community and casual online gaming.

For more information about Viacom and its businesses, visit www.viacom.com. Keep up with Viacom news by following Viacom's blog at blog.viacom.com and Twitter feed at www.twitter.com/Viacom.