ATOMFILMS® LAUNCHES ALL-NEW

BROADBAND TELEVISION WEB SITE

Relaunch of AtomFilms.com Marks Online Video Pioneer's Debut as a Service of MTV Networks

New Site Offers Enhanced Features and Original Programming From AtomFilms Studio(TM) and Comedy Central ­ New Releases Include the Horror-Comedy Series"Hellholes”

SAN FRANCISCO, CA ­ December 4, 2006 ­ AtomFilms® (www.atomfilms.com) debuted an all-new version of its award-winning entertainment web site today, introducing a broadband television experience that makes it easy to discover, watch and share thousands of original short movies and web shows. Among the site's new features are a syndicated video player that can be embedded on other sites, a high-resolution video playback option, and customizable channels and content alerts. The re-launch marks AtomFilms' official debut as a service of MTV Networks, with AtomFilms providing a pipeline of new talent and original content that can be distributed on popular television networks such as Comedy Central and Spike TV.

"AtomFilms is a network for original, legal and highly entertaining independent content,” said AtomFilms General Manager Scott Roesch. "Our new site and our position at MTV Networks will enable us to expand on our mission of bringing creative and innovative content to large audiences, and supporting talented independent creators.”

AtomFilms Shows Creators the Money ­ Millions of Dollars and Counting

Since pioneering the online video field in 1999, AtomFilms has been an effective incubator of new entertainment talent, paying millions of dollars to creators through its innovative revenue-sharing program. Financial and promotional support from AtomFilms has helped many creators begin successful careers -- in 2006, for example, several AtomFilms directors went on to release successful feature films, including Jason Reitman ("Thank You For Smoking”), the Duplass Brothers ("The Puffy Chair”), and Greg Coolidge ("Employee of the Month”). 

"AtomFilms has a proven track record as a developer and programmer of original, popular broadband entertainment,” said Doug Herzog, president of Comedy Central and Spike TV. "We are working closely with AtomFilms as an important source of new talent and original content for our networks.”

New Site is a Gateway to "Hellholes” ­ and More

Premiering on AtomFilms today is the pilot episode of the creepy horror-comedy series "Hellholes,” funded and developed by AtomFilms Studio and created by filmmakers Kyle Rankin and Efram Potelle. The special-effects-driven series tells the story of a hapless dork who buys a mobile home for one dollar, and then finds that it's a gateway to Hell. Rankin and Potelle have worked with AtomFilms on multiple projects since the 2002 debut of their feature film, The Battle of Shaker Heights (produced through HBO's Project Greenlight program). AtomFilms Studio currently has a dozen new series in production, and is accepting pitches for new projects through the AtomFilms site.

Also launching on AtomFilms today is a new Comedy Central channel, featuring episodes from several Comedy Central web shows, including the new hits "Good God,” set in the Man Upstairs' heavenly office, and Baxter & McGuire, about a pair of buddies who just happen to be testicles.

A Broadband Television Experience

Online video fans will find that the new AtomFilms site offers a "broadband television” experience that offers daily new releases of original content and provides users a suite of new viewing, sharing, and personalization features.

High-Quality Viewing:

•       High-resolution viewing option (700 kbps -- near-DVD-quality)

•       Large screen player that can be expanded to full-screen

•       Flash Video streaming, ensuring ease of use and cross-platform compatibility

•       Preview video clips enabling ad-free content sampling and surfing

•       Same-screen video playback, without a separate pop-up window

On-Demand Sharing and Personalization Features:

•       Syndicated video player that can be embedded in blogs and social networking sites

•       "My Channel” module that collects AtomFilms favorites and films to watch later

•       Customizable RSS and e-mail content alerts

•       AtomFilms To Go, featuring content downloadable for playback on iPods and PSPs

•       Upload feature enabling users and creators to digitally submit their content for review

Enhanced Content Discovery Tools:

•       Contextual navigation throughout thousands of titles programmed in 150 custom channels including Dick and Dubya, Creep-o-Rama, Oscar® Shorts, Anime, and more

•       Audience-driven programming based on viewing and rating data

The AtomFilms relaunch is supported by Verizon Wireless' exclusive sponsorship, which makes AtomFilms' high-res full-screen video playback available to all users without registration throughout December. Verizon Wireless is also AtomFilms' exclusive mobile video partner, offering a popular AtomFilms channel on its V CAST subscription service.

About AtomFilms

AtomFilms is a broadband entertainment network that is unique among online video services, licensing and developing original content in partnership with filmmakers and animators. Since pioneering the online video category in 1998-99, AtomFilms has attracted a loyal audience of millions of users with its consistently outstanding short-form programming. The network compensates filmmakers and animators based on revenues generated from its advertising and distribution businesses, and its payments to creators have totaled millions of dollars. AtomFilms is a service of MTV Networks, following MTVN's September 2006 acquisition of Atom Entertainment, Inc.

About MTV Networks

MTV Networks, a unit of Viacom (NYSE: VIA, VIA.B), is one of the world's leading creators of programming and content across all media platforms.

MTV Networks, with more than 130 channels worldwide, owns and operates the following television programming services - MTV: MUSIC TELEVISION, MTV2, VH1, mtvU, NICKELODEON, NICK at NITE, COMEDY CENTRAL, TV LAND, SPIKE TV, CMT, NOGGIN, VH1 CLASSIC, LOGO, MTVN INTERNATIONAL and THE DIGITAL SUITE FROM MTV NETWORKS, a package of 13 digital services, with all of these networks trademarks of MTV Networks.  MTV Networks connects with its audiences through its robust consumer products businesses and its more than 100 interactive properties worldwide, including online, broadband, wireless and interactive television services and also has licensing agreements, joint ventures, and syndication deals whereby all of its programming services can be seen worldwide.

AtomFilms and AtomFilms Studio are trademarks owned by Atom Entertainment, Inc.  All other trademarks mentioned in this document are the property of their respective owners.