IDW MEDIA ANNOUNCES EXTENSION OF THE PLACEMENT TO EXISTING STOCKHOLDERS

Stamford, CT; San Diego, CA (July 10, 2017) – IDW Media Holdings, Inc. (OTCQX: IDWM) announced that the expiration date for its pending non-brokered private placement has been extended to July 12, 2017.

The extension is intended to accommodate certain eligible holders who requested more time to submit the subscription agreement and necessary supporting documents. In the event there are unpurchased shares in the Offering, promptly following the closing on or about July 19, 2017, the Company will notify all electing investors the amount of shares each electing investor may purchase as set forth in the Offering Documents. The Company anticipates closing the second closing on or about July 26, 2017.

The Offering Documents, consisting of a Private Placement Memorandum, a Subscription Agreement and an Accredited Investor Representation Letter are available on the Company’s website at http://idwmediaholdings.com/investor-relations/ and through the OTC Disclosure & News Service. Eligible stockholders of the Company will need to provide proof of ownership of Company stock and accredited investor status.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the United States. The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an application exemption from the registration requirements.

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, we assume no obligation to update any forward-looking statements.

About IDW Media Holdings

IDW Media Holdings, Inc. (OTCQX: IDWM) is a fully integrated media company, which includes the award-winning IDW Publishing, IDW Games, IDW Entertainment, Top Shelf Productions, the San Diego Comic Art Gallery, and CTM Media Group Inc. CTM Media Group Inc. is one of North America’s largest distributors of tourism information. Distributing over 100 million brochures last year, CTM’s comprehensive visitor out of home marketing network includes over 14,000 brochure information displays and over 400 award-winning touch screen kiosks.

Contact:

Les Rozner

lrozner@idwmediaholdings.com

(203) 716-8376