RANGO, SUPER 8 and LIKE CRAZY Launch First Ever Digital Streaming Program For Awards Contenders

Paramount Teams with Deluxe to Debut Pilot Program Providing “For Your Consideration” Online Screeners to the Visual Effects Society

HOLLYWOOD, Calif., Oct. 11, 2011 – Paramount Pictures announced today that it has teamed with Deluxe Entertainment Services Group to provide “For Your Consideration” online screeners for the 2011-2012 awards season, making it the first major studio to stream its awards films online. The studio will present its awards contenders, including RANGO, SUPER 8 and LIKE CRAZY, and potentially additional titles later this season, via Deluxe’s proprietary platform. The Visual Effects Society (VES) will be the first recipient of the online screeners, receiving them as early as October 14th.

The Deluxe solution allows Paramount to securely stream films backed by unique watermarking of the content tied to the individual recipients with DVD quality picture and a controlled window of availability. Content can be played back on a variety of PC and Mac devices, including the iPad and iPad2, as well as home entertainment systems with compatible HDMI cable connection.

“We are excited to present these films for online streaming and are hopeful that this will be a quality experience allowing us to offer more opportunities for our filmmaker partners to reach appreciative viewers,” said Paramount’s President of Domestic Marketing & Distribution Megan Colligan.

“We are delighted Paramount chose Deluxe’s digital screener platform. By continually expanding and customizing our services we are able to best support the rapidly changing needs of our entertainment industry clients,” said Michael Alvarez, President Deluxe Media Management.

“As the leading technology artists in the entertainment industry, we at VES are pleased that Paramount thought to come to us first to inaugurate this process,” said VES Executive Director Eric Roth.

Both Paramount and VES highly encourage films to be seen in the best possible environment – a theatre. Understanding this is not always possible; using Deluxe’s service provides members with an additional method to screen films in a secure and timely manner.

About Paramount Pictures Corporation

Paramount Pictures Corporation (PPC), a global producer and distributor of filmed entertainment, is a unit of Viacom (NYSE: VIA, VIA.B), a leading content company with prominent and respected film, television and digital entertainment brands. The company’s labels include Paramount Pictures, Paramount Vantage, Paramount Classics, Insurge Pictures, MTV Films and Nickelodeon Movies. PPC operations also include Paramount Digital Entertainment, Paramount Famous Productions, Paramount Home Entertainment, Paramount Pictures International, Paramount Licensing Inc., Paramount Studio Group and Paramount Television & Digital Distribution.

About Deluxe

Deluxe Entertainment Services Group Inc., a wholly-owned subsidiary of MacAndrews & Forbes Holdings Inc., is a leading provider of a broad range of entertainment industry services and technologies to the worldwide entertainment industry including the Hollywood studios, broadcast/cable/satellite providers, digital distribution, gaming as well as content owners and creators. Services for content creation in features, television and commercials are offered in production, post production, digital distribution, multi-platform development, marketing services and asset management. They include motion picture film processing and printing; EFILM® and Company 3® digital intermediates; post production and subtitling services; titles design and digital VFX; DVD compression, encoding and authoring; advertising distribution and syndication services; digital cinema services, and 2D to 3D conversioning. Laboratory and post production facilities are located in North America, Europe, and Australia. Deluxe Digital Studios offer home entertainment services in North America, Europe and India.

SOURCE: Paramount Pictures Corporation