Company News: Page (1) of 1 - 02/12/13

Light Media Reports Q4-2012 Results

(February 12, 2013)

Atlanta, Feb. 12, 2013 (GLOBE NEWSWIRE) -- Light Media (OTC Markets: LGMH), Inspirational
Media Specialist, announced today its results for the fiscal
year-end period December 31, 2012, as follows:

* Revenues were $14,306 as of December
31, 2012 versus $17,837 for the quarterly period ending September
30, 2012.

* Cost of sales were $1,658 as of
December 31, 2012 versus $2,987 for the quarterly period ending
September 30, 2012.

* Selling, general and administrative
expenses were $12,914 as of December 31, 2012 versus $14,265 for
the quarterly period ending September 30, 2012.

3 Key Milestones in
Q4-2012:

Closed Agreement to Divest Power 105.5 FM Terrestrial Radio
property.

Repurchased 11,000 common shares in open market transactions,
at an average price of $0.0176/share, leaving an available stock
repurchase amount of 2,239,000 shares, via previously-announced
Stock Repurchase Program.

Attained Android App Developer Certification (Complementing
Existing iTunes App Developer License), covering 89% of the smart
device market.

"Exiting 2012, all friends and
supporters of Light Media can continue to rest-at-ease, regardless
of the global macroeconomic climate, knowing that all key corporate
assets remain intact (free and clear) and unbound and unrestrained
by secured indentures and remain strategically positioned for
long-term opportunity and growth. Entering 2013, Light Media
remains patiently focused having persevered through the Great
Recession as a leaner and more agile multimedia conglomerate after
36 consecutive months of carefully targeted cost-cutting measures,
strategic investments/reinvestments and realignments of business
units and priorities, simultaneously while broadening and deepening
media platform and distribution expertise. Light Media
continues to alter the paradigm one-day-at-a-time, as the
Inspirational Media Specialist, and there is more Good News to
come," said Danny Wilson, CEO, Light Media. Ps. 112:6-8.

About Light Media: Light
Media (OTC Markets: LGMH), Inspirational Media Specialist, markets,
produces and distributes inspirational music, video, video games,
print media and entertainment in the Inspirational Media space
through its network of radio, Internet, television, print and
special events global business platforms and marketing and alliance
partners. Light Media is also the 20th publicly-traded
multimedia conglomerate in the United States. For more
information, please visit: www.LGMH.com; www.LightMediaHoldings.com; www.InvaluableMedia.com or www.HotChristianStocks.com.

Cautionary Note Regarding Forward-Looking
Statements: This press release contains statements,
which may constitute "forward-looking statements" within the
meaning of the Securities Act of 1933 and the Securities Exchange
Act of 1934, as amended by the Private Securities Litigation Reform
Act of 1995. Those statements include statements regarding
the intent, belief or current expectations of Light Media (OTC:
"LGMH") and members of its management as well as the assumptions on
which such statements are based. Prospective investors are
cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from
those contemplated by such forward-looking statements.

A file accompanying this release is available at:
http://media.globenewswire.com/cache/24124/file/18064.jpg

Page: 1

Related Keywords: EARNINGS, INVESTMENT OPINIONInternet, Communications, Gaming, Movies & Music, Web, Music, Video, USA, Television, Music, Games, Internet Technology, Game Technology, Business, Entertainment, Internet,