Acme Communications, Inc. Schedules Fourth Quarter and Full-Year 2002 Earnings Release and Teleconference.

Business Editors

SANTA ANA, Calif.(BUSINESS WIRE)--Jan. 27, 2003--ACME Communications, Inc. (NASDAQ: ACME) announced today that it will release its fourth quarter and full-year 2002 financial results prior to market hours on Friday, February 14, 2003.

The Company will also host a conference call to discuss its fourth quarter and full-year 2002 results on February 14th at 10:00 a.m. Eastern Time. To access the conference call, please dial 973-582-2706 ten minutes prior to the start time. The conference call will also be available via live webcast on the investor relations portion of the Company's website, located at www.acmecommunications.com. If you cannot listen to the conference call at its scheduled time, there will be a replay available through Friday, February 21, 2003, which can be accessed by dialing 877-519-4471 (U.S.), 973-341-3080 (Int'l), passcode 3715010. The webcast will also be archived on the Company's website for two weeks.

About ACME Communications, Inc.

ACME Communications, Inc. owns and operates 11 television stations serving markets covering 5.4% of the nation's television households. The Company is one of the largest affiliates of The WB Television Network. ACME's stations are: KPLR-TV, St. Louis, MO; KWBP-TV, Portland, OR; KUWB-TV, Salt Lake City, UT; KWBQ-TV and KASY-TV, Albuquerque-Santa Fe, NM; WBDT-TV, Dayton, OH; WBXX-TV, Knoxville, TN; WIWB-TV, Green Bay-Appleton, WI; WBUI-TV, Champaign-Springfield-Decatur, IL; WTVK-TV, Ft. Myers-Naples, FL.; WBUW-TV, Madison, WI. All of the Company's stations, except KASY-TV, a UPN affiliate, are WB Network affiliates. On December 30, 2002, the Company announced that it had agreed to sell its St. Louis and Portland stations to Tribune Company. The sale, which is subject to regulatory approvals, is expected to close by the end of March 2003. ACME's Chairman and CEO is also a founder and CEO of The WB Television Network and serves as Chairman and CEO of AOL Time Warner's Turner TV Networks. ACME's shares are traded on the NASDAQ Stock Market under the symbol: ACME.