Vimeo Video School Launches as a Free, Fun and Easy Way to Help People Make Better Videos

Over 800 Lessons, Tips, and Tutorials are Available for the Beginner or Advanced Video Maker

NEW YORK, December 16, 2010 - Online video sharing site Vimeo(R), an operating business of IAC (Nasdaq:
IACI), today launched Vimeo Video School, a free online educational
initiative to help people of all skill-sets make better videos.

Vimeo Video School includes 'Video 101', a series of originally produced
videos for beginners that covers step-by-step instructions on choosing the
right camera, shooting tips and simple editing techniques. The site also
covers popular subjects such as how to shoot video with the increasingly
popular HD DSLR cameras through an informative and light-hearted eight-video
series called 'DSLR Basics' with renowned videographer Philip Bloom.

At the center of the Video School experience are the internally-developed
Lessons. Lessons are short, simple-to-follow tutorials created to support and
to inform people on a wide range of video-related topics. By combining
videos, written explanations, photos, relevant external links and an
appropriate dose of humor, Lessons provide a more informative and detailed
set of instructions that people can follow and then put into practice. Each
Lesson ends with a Lesson challenge, giving the opportunity to practice the
newly learned subject with other like-minded members in Vimeo's well-known
and supportive community. Basic to advanced Lessons can be found on a broad
set of topics and new Lessons will be introduced regularly on the site every
week. Now, anyone that has ever watched an amazing timelapse video and
thought "I wish I knew how to do that," can visit the How to Make a Timelapse
Lesson in Vimeo Video school and learn how today.

Additionally, the Vimeo staff has selected hundreds of user-generated
video tutorials created by Vimeo members and organized them into easy-to-find
categories. Users can browse through tutorials to find those that best fit
their level of experience and areas of interest. Tutorials span categories of
lighting, sound, gear, etc.

"Vimeo has an amazing community of members who enjoy sharing their
knowledge to help each other reach the next level, whatever that level might
be," explained Dae Mellencamp, General Manager, Vimeo. "With Vimeo Video
School we have created a structured extension of what our community members
have done for one another for years - teach and share best practices."

"Vimeo Video School is the next step in our continued commitment to
provide a platform for people to learn from and inspire each other," said
Blake Whitman, Director of Community and Product for Vimeo "By aggregating
well-produced tutorials made by our members as well as creating light-hearted
and informative Lessons ourselves, we are making the process of creating
videos easy and fun."

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).

Deborah Szajngarten, +1-212-524-8776, press at vimeo.com