Improved 1Q for ACME

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ACME Communications Inc. reported a first-quarter revenue gain of 33 percent
to $10 million with an operating loss of $2.4 million, a 14 percent improvement
over the $2.8 million operating loss sustained in the first quarter of 2002.

"While our station-development strategy is well on track, the strength of our
second-quarter and full-year results will depend on improving general economic
conditions," CEO Jamie Kellner said.

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