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Penny Stock DD

SANTA ANA, Calif., Dec. 10, 2010 (GLOBE NEWSWIRE) — ACME Communications, Inc. (Pink Sheets:ACME) today announced its financial results for the third quarter ended September 30, 2010. As previously announced, on August 26, 2010, Lin Media (“LIN”) exercised their option to acquire our Dayton and Green Bay stations, and we expect these sales to be consummated in the first half of 2011. Accordingly, we have treated the results of those stations as discontinued operations for all periods presented.

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Regards,

Don

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