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HOLLYWOOD MEDIA CORP. SCHEDULES RELEASE OF 2008 FOURTH QUARTER AND YEAR-END RESULTS AND TELECONFERENCE
Wednesday, March 11, 2009

Boca Raton, FL – March 11, 2009 – Hollywood Media Corp. (Nasdaq: HOLL), a leading provider of online ticketing, announced today that it will host a teleconference to discuss the Company’s 2008 fourth quarter and year-end financial results. The conference call is scheduled for Monday, March 16, 2009 at 10:00 a.m. Eastern Time.  Hollywood Media will release its 2008 fourth quarter and year-end financial results on Monday morning prior to market open.

To access the teleconference, please dial 877-407-8293 (U.S.) or 201-689-8349 (international) approximately 10 minutes prior to the start of the call.  The teleconference will also be available via live webcast on the investor relations portion of Hollywood Media’s website, http://www.hollywoodmedia.com/conference_calls.htm

If you are unable to listen to the live teleconference, a replay will be available through March 22, 2009, and can be accessed by dialing 877-660-6853 (U.S.) or 201-612-7415 (international).  Callers will be prompted for replay account number 342# followed by conference ID number 316488#.   An archived version of the webcast will also be available on the investor relations section of Hollywood Media’s website at http://www.hollywoodmedia.com.

About Hollywood Media Corp.
Hollywood Media is comprised primarily of Internet businesses focused on online ticketing, which include Broadway.com and Hollywood Media's minority interest in MovieTickets.com. Hollywood Media also owns the UK-based CinemasOnline and its Intellectual Property division.

Statements in this press release may be “forward-looking statements” within the meaning of federal securities laws. The matters discussed herein that are forward-looking statements are based on current management expectations that involve risks and uncertainties that may result in such expectations not being realized. Actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous potential risks and uncertainties, including, but not limited to, the need to manage our growth and integrate new businesses, our ability to realize anticipated revenues, cost efficiencies and sources of capital, the impact of potential future dispositions or other strategic transactions by Hollywood Media, our ability to develop and maintain strategic relationships, our ability to compete with other media, data and internet companies, technology risks, the volatility of our stock price, and other risks and factors described in Hollywood Media Corp.’s filings with the Securities and Exchange Commission including our Form 10-K for 2007. Such forward-looking statements speak only as of the date on which they are made.