CNN iReport Teams Up with Vimeo at South by Southwest

AUSTIN, Texas, March 16, 2011 - CNN iReport, CNN's participatory news community, and online video sharing
site Vimeo(R), an operating business of IAC (Nasdaq: IACI), have tapped into
their extensive online communities to produce creative, personalized
reporting of the 2011 South by Southwest (SXSW) Conferences and Festivals.

During the first four days of SXSW, March 11th - 14th, 2011,
hand-selected iReporters and Vimeo filmmakers, and CNN and Vimeo staff
covered the SXSW Conferences and Festivals from their own unique
perspectives, and shared their daily video footage with the iReport editorial
team. CNN condensed the collective footage into a compelling visual diary of
SXSW to share with global audiences.

"This project demonstrates what news can look like when it is opened up
to communities that include some of the most creative, visionary filmmakers
in the world, all collaborating to cover an event that is known globally for
celebrating tomorrow's ideas," said Lila King, participation director for
CNN.com.

The collaborative visual diary, available at on.cnn.com/gEOkSR,
was revealed for the first time at a press event held at the CNN Grill on
Monday, March 14, at SXSW. The diary also will air on CNN International
during iReport for CNN on Thursday, March 17, at 11:30 p.m. ET, and during
the show's replays this weekend.

Vimeo will also present the filmmakers' unique visions of SXSW through
their own self-produced work on Vimeo.com and Vimeo's official SXSW Groups
Page (www.vimeo.com/sxsw).

"Vimeo is so excited to partner with world news leader CNN on this new
initiative designed to present news seen through a wide variety of creative
lenses and individual points of view," said Blake Whitman, Vice President of
Creative Development at Vimeo.

For CNN's complete coverage of SXSW, go to www.cnn.com/whatsnext.

About Vimeo, LLC

Leading video sharing site Vimeo(R) provides the easiest way for people
to host and share their videos in high quality. The site provides great
privacy features and inspiring videos from a vibrant, respectful community of
creative users who care about how and where they show their work. Launched in
2004 and headquartered in New York, NY, Vimeo offers users a video sharing
experience that is both entertaining and easy to use. Vimeo is a 2010 & 2009
Time Magazine Top 50 Website. Vimeo, LLC is a subsidiary of IAC (Nasdaq:
IACI).

CNN Worldwide, a division of Turner Broadcasting System, Inc., a Time
Warner Company, is the most trusted source for news and information. Its
reach extends to nine cable and satellite television networks; one private
place-based network; two radio networks; wireless devices around the world;
CNN Digital Network, the No. 1 network of news Web sites in the United
States; CNN Newsource, the world's most extensively syndicated news service;
and strategic international partnerships within both television and the
digital media.

For more information, visit www.CNNPressroom.com and follow @CNNpr
on Twitter.

April Andrews, CNN, april.andrews at cnn.com, at aprilCNNpr, +1-404-878-5017; or Deborah Szajngarten, Vimeo, press at vimeo.com, at vimeoPR, +1-212-524-8776