Mr. Moses Znaimer reports

ZOOMERMEDIA ANNOUNCES ACQUISITION OF LUDWIG VAN

ZoomerMedia Ltd. has completed the acquisition of all the outstanding shares of Museland Media Inc. (MM), publisher of Ludwig Van, Canada's leading and fastest-growing digital voice for the latest classical, opera, chamber and choral music headlines, reviews, comments and personality-driven features and interviews. The aggregate purchase price of $1.1-million comprises $700,000 cash on closing and a $400,000 vendor note at 5-per-cent interest annually, principal repayable in three years.

The acquisition connects ZoomerMedia to a wider audience of arts enthusiasts, of all ages, who have been all but abandoned by mainstream newspapers and broadcasters. With an audience of 65,000 monthly readers and 100-plus partner arts organizations, it is the ideal on-line complement to The New Classical FM, English Canada's only all-classical music radio service, first acquired by Moses Znaimer in 2006, and now owned and operated by ZoomerMedia.

This acquisition follows the recent additions of blogTO, Daily Hive and The Peak to ZoomerMedia's roster of digital publications.

Said Moses Znaimer, ZoomerMedia founder, president and chief executive officer: "I have a history of supporting the idea of specialty television, which is to say channels devoted to specific subject matter ranging from local news (CP24) to rock and pop (MuchMusic) to Bravo!, Canada's NewStyleArtsChannel, which was a most beautiful performing arts channel until its original mandate and style were abandoned by new owners. Similarly, the acquisition of Ludwig Van represents the further expansion of the Zoomer Digital Network from location-oriented outlets like blogTO and Daily Hive into subject specific content. In Ludwig Van, we see a Toronto- and Montreal-based website extending coverage, nationally and internationally, and beyond classical music and opera,to theatre, dance and other performing arts.

"I also have a history of presenting live to air concerts in Zoomer Hall featuring the likes of Lang Lang, Sondra Radvanovsky, Mischa Maisky, Anne-Sophie Mutter, James Galway and Lara St. John. Accordingly, Ludwig Van's enhanced format will also offer concerts and music videos. Even as everyone else is cutting back on coverage of the arts, we intend to step up ours."

Said Michael Vincent, founder of Ludwig Van: "I started Ludwig Van in 2017 with the mission to keep arts coverage alive and change how media companies operate. Moses is not just an exceptional media pioneer, but a kindred spirit who resonates with our commitment to classical music, opera and the arts. ZoomerMedia's resources, coupled with Moses's groundbreaking innovations in media, will enable us to transcend the ordinary and ascend to new heights in our mission. This alliance will empower us to create unparalleled arts media content, setting a new benchmark in Canada. The anticipation of what we are poised to achieve together is truly extraordinary and I can't wait to get started."

About ZoomerMedia Ltd.

Founded by television and media icon Mr. Znaimer in 2008, ZoomerMedia is a multimedia company devoted to creating content, services and experiences for Canada's most powerful audiences: the 17.2 million people aged 45-plus (zoomers) and the 13.7 million millennials and Gen-Zs, coincidentally also called zoomers, who follow in their footsteps.