SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of AirMedia Group Inc. of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to Management

NEW YORK--(BUSINESS WIRE)--The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased AirMedia Group Inc. stock prior to September 30, 2015.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of AirMedia Group Inc. (NASDAQ:AMCN) to a consortium composed of members of the Company’s management for US$6.00 in cash per American Depositary Share. To learn more about the investigation and your rights, go to:

http://zlk.9nl.com/airmedia-group

or contact Joseph E. Levi, Esq. either via email at [e-mail] or by telephone at [phone], toll-free: [phone]. There is no cost or obligation to you.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.