Acorn International Files 2018 Annual Report on Form 20-F

SHANGHAI,May 1,2019 -- Acorn International,Inc. (NYSE: ATV) ("Acorn" or the "Company") today announced that it has filed its annual report on Form 20-F for the fiscal year endedDecember 31,2018with the Securities and Exchange Commission onApril 30,2019. The annual report can be accessed on the Company's investor relations website athttp://www.acorninternationalgroup.com.

Acorn will provide a hard copy of its annual report for the fiscal year endedDecember 31,2018,free of charge,to its shareholders and ADS holders upon request. Requests should be directed to the Company's IR representatives,or in writing to Acorn International,Inc.,5/F,YueShang Plaza,1 South Wuning Road,Shanghai 200042,People's Republic of China.

About Acorn International,Inc.

Acorn International is a leading marketing and branding company in China,leveraging a twenty-year direct marketing history to monetize brand IP,content creation and distribution,and product sales,through digital media in China. Previously the leading TV infomercial company in China,Acorn today has three divisions support its growth: 1) Product Division,2) Content Division,and 3) Influencer Management Division.

In the Product Division,Acorn sells product primarily through e-commerce channels in China,as well as through offline distribution and outbound marketing. In the Content Division,Acorn monetizes content. Specifically,in the Content Division,Acorn has redirected its direct marketing know-how to digital media in China,launching Acorn Streaming,which is primarily focused on live streaming and pre-recorded video content creation and distribution. In the Influencer Management Division,Acorn brings,through the creation of digital social content,leading U.S. celebrity talent and brands to China,representing their in-country digital presence. For more information visit www.acorninternationalgroup.com.

Safe Harbor Statement

This news release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934,as amended,and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "anticipates," "believes," "estimates," "expects," "future," "going forward," "intends," "outlook," "plans," "target," "will," "potential," and similar statements. Such statements are based on management's current expectations and current market and operating conditions,and relate to events that involve known or unknown risks,uncertainties,and other factors,all of which are difficult to predict and many of which are beyond the Company's control,which may cause the Company's actual results,performance,or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks,or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information,future events,or otherwise,except as required by law.

Investor Contact:

Compass Investor Relations

Elaine Ketchmere,CFA

Phone: +1-310-528-3031

Email: Eketchmere@compass-ir.com

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