ACME Intermediate Holdings and ACME Television Announce Fourth Quarter and Year-To-Date Results

Business Wire, April 9, 1998

SANTA ANA, Calif.--(BUSINESS WIRE)--April 9, 1998--ACME Intermediate Holdings LLC ("ACME Intermediate") and its wholly-owned subsidiary, ACME Television LLC ("ACME"), today announced their results of operations for the three-month period ended December 31, 1997, and for the period June 17, 1997 (ACME Intermediate's and ACME's inception) through December 31, 1997:

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                               Three Months         June 17, 1997
$000's                        Ended 12/31/97       Through 12/31/97

Net Revenues                     $  9,192               $ 11,347
ACME Intermediate Net Loss      ($  3,396)             ($  6,634)
ACME New Loss                   ($  2,180)             ($  5,418)
Broadcast Cash Flow (a)          $  2,337               $  1,024
Operating Cash Flow (b)          $  1,664              ($    391)