DI Colorist Stephen Nakamura Joins Company 3

SANTA MONICA, Calif.--(Business Wire)--Digital Intermediate Colorist Stephen Nakamura, whose credits
include "The Bourne Ultimatum," "Spider-Man 3" and "Fantastic Four:
Rise of the Silver Surfer," has joined Company 3, an Ascent Media
company.

The move reunites Nakamura with Company 3 President and DI
Colorist Stefan Sonnenfeld--each of whom have credits on more than 30
A-list film titles--and further bolsters Company 3's line-up of
top-flight, digital artists and position as a premiere provider of
post production services for feature films, commercials and
television.

"Stephen is a great artist and a great friend, and I'm thrilled to
have him at Company 3," said Sonnenfeld, whose recent credits include
"Sweeney Todd: The Demon Barber of Fleet Street," "Transformers" and
"300." "It's a pleasure to work with an artist who shares our passion
for filmmaking, and who can help fuel our continued growth." Nakamura
will be based at Company 3's Santa Monica facility.

Nakamura arrives from Technicolor Digital Services, where he had
been since its launch in 2002. He has worked with many of Hollywood's
top directors and directors of photography including Martin Scorsese
and Michael Ballhaus ("The Departed"), Quentin Tarantino and Robert
Richardson ("Kill Bill: Vol. 1," "Kill Bill: Vol 2"), and Steven
Spielberg and Janusz Kaminski ("The Terminal"). His most recent
credits include "The Bucket List" for Rob Reiner, "Shine a Light" for
Martin Scorsese and "Leatherheads" for George Clooney.

Company 3 Santa Monica is located at 1661 Lincoln Blvd. Ste. 400,
Santa Monica, California 90404. For more information, call Stefan
Sonnenfeld or Luis Ribeiro at (310) 255-6600.

Company 3 New York is located at 545 Fifth Avenue, 5th floor, New
York, New York 10017. For more information, call Marcelo Gandola or
Luis Riberio at (310) 255-6600.

About Ascent Media Group

Santa Monica, California-based Ascent Media Group is a
wholly-owned subsidiary of Discovery Holding Company (NASDAQ: DISCA,
DISCB), which, through its Creative Services and Network Services
divisions, provides creative and technical media services to the media
and entertainment industries. More information about Ascent Media
Group is available at www.ascentmedia.com.

Company 3
Stefan Sonnenfeld
Luis Ribeiro
Marcelo Gandola (for New York)
310-255-6600

Copyright Business Wire 2008