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SIMON & SCHUSTER OPENS IN-HOUSE DIGITAL MEDIA STUDIO

NEW YORK, September 25—Simon & Schuster, Inc., has opened an in-house digital production studio that will serve as the company's primary source for original multimedia content about its authors and their books. The studio will produce high-definition video interviews and features, as well as audio and photos, for use on the company's website, for viral marketing purposes through blogs, social networks and other outlets, and for the company's retail and external marketing partners.

The studio's cameras are fully portable, so that interviews and video segments can be filmed on the premises, on location at events such as book signings, readings, and parties, in hotel rooms while authors are on tour, or as man-on-the-street style pieces. The state-of-the-art studio also includes multiple backdrops, including a versatile "green screen" that can be used to create a variety of digitally produced backgrounds for display behind the author.

The first video produced in-house features blockbuster author Stephen King discussing his episodic graphic digital video series "N." The King interview, which was featured exclusively on MySpace for 48 hours from September 10-12, now resides at www.NisHere.com, a custom microsite developed by Simon & Schuster Digital for the "N." video initiative. The company has an ambitious schedule of filming planned for the coming months, with more than 25 interviews currently in pre- or post-production, including Arianna Huffington, Blair Underwood, and Philippa Gregory. Simon & Schuster expects to produce and post more than 600 pieces of multimedia content annually.

President and Chief Executive Officer Carolyn Reidy says, "Our new production studio is an important step in Simon & Schuster's evolution as a digital era publishing company. It fits perfectly with our goal of enhancing the readers' experience and expanding our authors' audience by providing original and exciting interactive content that puts the author directly in front of their readers."

Executive Vice President, Chief Digital Officer Ellie Hirschhorn added, "Digital multimedia is now an essential tool for reaching internet savvy consumers, and our new studio provides us with the flexibility to experiment and move creatively and quickly to satisfy fans' interest in our authors and their books. Looking ahead, a wide selection of new content will feature prominently in both our upcoming website re-launch and our ongoing plans to use every possible digital means, including viral marketing and third party marketing partnerships, to connect readers to books."

The studio, based on the 4th floor of the company's offices at 1230 Avenue of the Americas, will be managed by Charlie Corts, Director, Video Production and Development. Corts, who previously held positions in digital production at Yahoo! and CBS Interactive, will both record and edit the author interviews.

Videos and other media produced in the Simon & Schuster Studio will be published and distributed on Simonsays.com and across the Internet using the industry-leading Brightcove Online Video Platform.

Simon & Schuster, a part of the CBS Corporation, is a global leader in the field of general interest publishing, dedicated to providing the best in fiction and nonfiction for consumers of all ages, across all printed, electronic, and audio formats. Its divisions include Simon & Schuster Adult Publishing, Simon & Schuster Children's Publishing, Simon & Schuster Audio, Simon & Schuster Digital, and international companies in Australia, Canada, and the United Kingdom. For more information, visit our website at www.simonsays.com.