MINNEAPOLIS, MN -- (MARKET WIRE) -- 05/02/2012 -- ValueVision Media, Inc. (NASDAQ: VVTV), a multichannel electronic retailer operating as ShopNBC (www.shopnbc.com), today announced it will release its fiscal 2012 Q1 results before the market opens on Wednesday, May 16, and management will host a conference call / webcast to review the results at 11:00 am ET on the same day. Participating in the call will be Keith Stewart, CEO; Bob Ayd, President; and Bill McGrath, CFO. The call and webcast are open to the general public.

WEBCAST/WEB REPLAY: http://www.media-server.com/m/p/4rs2ejc9

TELEPHONE: 866-831-5605; Passcode: 50292594

About ValueVision Media/ShopNBC:
ValueVision Media, Inc. operates ShopNBC, a multichannel electronic retailer that enables customers to interact and shop via TV, Internet, mobile devices, Facebook, Twitter and YouTube. The ShopNBC television network reaches over 81 million cable and satellite homes and is also available nationwide via live streaming at www.shopnbc.com, accessible by PCs, tablets and iPhone, Android and other mobile devices. ShopNBC's merchandise categories include home, consumer electronics, health, fitness, beauty, fashion, accessories, jewelry and watches. Please visit www.shopnbc.com/ir for more investor information.

Contact:
Media Relations:
Dawn Zaremba 
ShopNBC
dzarembal@shopnbc.com
(952) 943-6043

Investors:
David Collins
Eric Lentini
Catalyst Global LLC
vvtv@catalyst-ir.com 
(212) 924-9800