Viacom Acquires Teen Online Community

NEW YORK/LOS ANGELES, October 16: MTV Networks has acquired Quizilla.com,
an online, user-generated community of original teen authors, aged 14 and
above, who create and share quizzes, fiction, non-fiction, poetry, polls, and
other content.

The website was acquired from Gorilla Nation Media and will
now become part of the Nickelodeon/MTVN Kids and Family Group. Ranked as a
top-five destination for female teens, Quizilla.com drew 3.1 million unique
visitors globally last month.

"Quizilla.com is a terrific destination and another
interactive and creative online environment that we're adding to MTV Networks'
portfolio of targeted digital brands," said Judy McGrath, the chairman and
CEO of MTV Networks. "This marks another great step forward with our
strategy of continuing to transform MTVN into a global, multi-platform
entertainment company that engages our diverse audiences wherever, whenever and
however they want."

The acquisition of Quizilla.com follows MTV Networks’ deals
to buy Shockwave.com, AddictingGames.com and NeoPets.com. They joined a stable
of online brands that includes The-N.com, Nick.com, ParentsConnect.com and
TurboNick. "The acquisition of Quizilla combined with The-N.com and
NeoPets will further deepen our already strong connection with our audience and
provide them with new ways to experience our content on The N as well as the
ability to create and share their own creative ideas and passions through
Quizilla," said Cyma Zarghami, the president of Nickelodeon and MTVN Kids
and Family Group. “This is a great complement to our portfolio of brands that
super serve preschoolers, kids, teens, parents and families overall."