QUARTERLY      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES

| Delaware                                                                                    |   | 52-1481284                                                           |
|---------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------|
| (State                or other jurisdiction ofincorporation                or organization) |   | (I.R.S.                EmployerIdentification                Number) |
|                                                                                        |   |                                                                 |
| 708                Third Avenue, New York,                NY                                |   | 10017                                                                |
| (Address                of principal executive                offices)                 |   | (Zip                Code)                                            |

No      o

----

**PART      I - FINANCIAL INFORMATION**

**Item      1. **
***Financial      Statements***

**MEDIALINK        WORLDWIDE INCORPORATED AND SUBSIDIARIES**

**CONSOLIDATED        BALANCE SHEETS**

|                                                                                    |   | **September                30,** |   | **December                31,** |   |
|-----------------------------------------------------------------------------------------|--------|----------------------------------|--------|---------------------------------|--------|
|                                                                                    |   | **2007**                         |   | **2006**                        |   |
| ASSETS                                                                                  |   |                             |   |                            |   |
| Current                Assets:                                                          |   |                             |   |                            |   |
| Cash                and cash equivalents                                                |   | $                                | 12,937 |                            | $      | 17,031 |   |
| Accounts                receivable, net of allowance for doubtful accounts of           |   |                             |   |                            |   |   |   |
| $181                and $347                                                            |   |                             | 5,653  |                            |   | 5,319 |   |
| Inventory                                                                               |   |                             | 458    |                            |   | 602 |   |
| Prepaid                expenses                                                         |   |                             | 364    |                            |   | 287 |   |
| Prepaid                and refundable taxes                                             |   |                             | 701    |                            |   | 701 |   |
| Deferred                income taxes                                                    |   |                             | 163    |                            |   | 107 |   |
| Escrow                funds                                                             |   |                             | 969    |                            |   | 1,927 |   |
| Other                current assets                                                     |   |                             | 70     |                            |   | 78 |   |
| Total                current assets                                                     |   |                             | 21,315 |                            |   | 26,052 |   |
|                                                                                    |   |                             |   |                            |   |   |   |
| Property                and equipment - net                                             |   |                             | 3,958  |                            |   | 4,296 |   |
| Goodwill                                                                                |   |                             | 3,429  |                            |   | 3,429 |   |
| Deferred                income taxes                                                    |   |                             | 383    |                            |   | 725 |   |
| Other                assets                                                             |   |                             | 764    |                            |   | 652 |   |
|                                                                                    |   |                             |   |                            |   |   |   |
| Total                assets                                                             |   | $                                | 29,849 |                            | $      | 35,154 |   |
|                                                                                    |   |                             |   |                            |   |   |   |
| LIABILITIES                AND STOCKHOLDERS' EQUITY                                     |   |                             |   |                            |   |   |   |
| Current                Liabilities:                                                     |   |                             |   |                            |   |   |   |
| Accounts                payable                                                         |   | $                                | 2,003  |                            | $      | 1,981 |   |
| Accrued                expenses and other current liabilities                           |   |                             | 4,743  |                            |   | 6,396 |   |
| Income                taxes payable                                                     |   |                             | 90     |                            |   | 1,927 |   |
| Total                current liabilities                                                |   |                             | 6,836  |                            |   | 10,304 |   |
|                                                                                    |   |                             |   |                            |   |   |   |
| Convertible                debentures, net of unamortized discount of $476 and $727     |   |                             | 3,874  |                            |   | 4,273 |   |
| Other                long-term liabilities                                              |   |                             | 889    |                            |   | 1,049 |   |
| Total                liabilities                                                        |   |                             | 11,599 |                            |   | 15,626 |   |
|                                                                                    |   |                             |   |                            |   |   |   |
| Commitments                and contingencies                                            |   |                             |   |                            |   |   |   |
|                                                                                    |   |                             |   |                            |   |   |   |
| Stockholders'                Equity:                                                    |   |                             |   |                            |   |   |   |
| Series                A Preferred stock: $.01 par value, authorized 50,000 shares; none |   |                             |   |                            |   |   |   |
| issued                and outstanding                                                   |   |                             | -      |                            |   | - |   |
| Common                stock: $.01 par value, authorized 15,000,000 shares; issued       |   |                             |   |                            |   |   |   |
| 6,525,630                shares in 2007 and 6,289,986 shares in 2006                    |   |                             | 65     |                            |   | 63 |   |
| Additional                paid-in capital                                               |   |                             | 28,398 |                            |   | 27,327 |   |
| Accumulated                deficit                                                      |   |                             | (9,665 | )                               |   | (7,225 | ) |
| Accumulated                other comprehensive loss                                     |   |                             | (205   | )                               |   | (294 | ) |
| Common                stock in treasury (at cost, 101,121 shares)                       |   |                             | (343   | )                               |   | (343 | ) |
| Total                stockholders' equity                                               |   |                             | 18,250 |                            |   | 19,528 |   |
|                                                                                    |   |                             |   |                            |   |   |   |
| Total                liabilities and stockholders' equity                               |   | $                                | 29,849 |                            | $      | 35,154 |   |

----

**MEDIALINK      WORLDWIDE INCORPORATED AND SUBSIDIARIES**

**CONSOLIDATED      STATEMENTS OF OPERATIONS**

|                                                                  |   | **For                the nine months ended** |   | **For                the three months ended** |   |
|-----------------------------------------------------------------------|--------|----------------------------------------------|--------|-----------------------------------------------|--------|
|                                                                  |   | **September                30,**             |   | **September                30,**              |   |
|                                                                  |   | **2007**                                     |   | **2006**                                      |   | **2007** |   | **2006** |   |
|                                                                  |   |                                         |   |                                          |   |   |   |   |   |
| Revenues                                                              |   | $                                            | 24,528 |                                          | $      | 22,404 |   | $ | 8,224 |   | $ | 7,212 |   |
|                                                                  |   |                                         |   |                                          |   |   |   |   |   |   |   |   |   |
| Operating                expenses:                                    |   |                                         |   |                                          |   |   |   |   |   |   |   |   |   |
| Direct                costs                                           |   |                                         | 11,675 |                                          |   | 9,680 |   |   | 3,731 |   |   | 3,194 |   |
| Selling,                general, and administrative expenses          |   |                                         | 18,335 |                                          |   | 18,915 |   |   | 6,158 |   |   | 6,877 |   |
| Depreciation                and amortization                          |   |                                         | 1,431  |                                          |   | 1,470 |   |   | 476 |   |   | 491 |   |
|                                                                  |   |                                         |   |                                          |   |   |   |   |   |   |   |   |   |
| Total                operating expenses                               |   |                                         | 31,441 |                                          |   | 30,065 |   |   | 10,365 |   |   | 10,562 |   |
|                                                                  |   |                                         |   |                                          |   |   |   |   |   |   |   |   |   |
| Operating                loss                                         |   |                                         | (6,913 | )                                             |   | (7,661 | ) |   | (2,141 | ) |   | (3,350 | ) |
| Interest                income (expense) - net                        |   |                                         | 54     |                                          |   | (416 | ) |   | (7 | ) |   | (150 | ) |
|                                                                  |   |                                         |   |                                          |   |   |   |   |   |   |   |   |   |
| Loss                from continuing operations before taxes           |   |                                         | (6,859 | )                                             |   | (8,077 | ) |   | (2,148 | ) |   | (3,500 | ) |
| Income                tax benefit                                     |   |                                         | (1,814 | )                                             |   | (3,111 | ) |   | (568 | ) |   | (2,544 | ) |
|                                                                  |   |                                         |   |                                          |   |   |   |   |   |   |   |   |   |
| Loss                from continuing operations                        |   |                                         | (5,045 | )                                             |   | (4,966 | ) |   | (1,580 | ) |   | (956 | ) |
| Income                (loss) from discontinued operations, net of tax |   |                                         | 2,605  |                                          |   | 5,353 |   |   | (13 | ) |   | 4,583 |   |
|                                                                  |   |                                         |   |                                          |   |   |   |   |   |   |   |   |   |
| Net                income (loss)                                      |   | $                                            | (2,440 | )                                             | $      | 387 |   | $ | (1,593 | ) | $ | 3,627 |   |
|                                                                  |   |                                         |   |                                          |   |   |   |   |   |   |   |   |   |
| Net                income (loss)                                      |   | $                                            | (2,440 | )                                             | $      | 387 |   | $ | (1,593 | ) | $ | 3,627 |   |
| Other                comprehensive income                             |   |                                         | 89     |                                          |   | 85 |   |   | 53 |   |   | 34 |   |
|                                                                  |   |                                         |   |                                          |   |   |   |   |   |   |   |   |   |
| Comprehensive                income (loss)                            |   | $                                            | (2,351 | )                                             | $      | 472 |   | $ | (1,540 | ) | $ | 3,661 |   |
|                                                                  |   |                                         |   |                                          |   |   |   |   |   |   |   |   |   |
|                                                                  |   |                                         |   |                                          |   |   |   |   |   |   |   |   |   |
| Basic                and diluted income (loss) per common share:      |   |                                         |   |                                          |   |   |   |   |   |   |   |   |   |
| Loss                from continuing operations                        |   | $                                            | (0.79  | )                                             | $      | (0.82 | ) | $ | (0.25 | ) | $ | (0.16 | ) |
| Income                (loss) from discontinued operations             |   |                                         | 0.41   |                                          |   | 0.88 |   |   | (0.00 | ) |   | 0.75 |   |
|                                                                  |   |                                         |   |                                          |   |   |   |   |   |   |   |   |   |
| Net                income (loss)                                      |   | $                                            | (0.38  | )                                             | $      | 0.06 |   | $ | (0.25 | ) | $ | 0.59 |   |
|                                                                  |   |                                         |   |                                          |   |   |   |   |   |   |   |   |   |
| Weighted                average number of common shares:              |   |                                         |   |                                          |   |   |   |   |   |   |   |   |   |
| Basic                and diluted                                      |   |                                         | 6,380  |                                          |   | 6,096 |   |   | 6,415 |   |   | 6,102 |   |

----

**MEDIALINK        WORLDWIDE INCORPORATED AND SUBSIDIARIES**

**CONSOLIDATED        STATEMENTS OF CASH FLOWS**

|                                                                                                       |   | **For                the nine months ended** |   |
|------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------|--------|
|                                                                                                       |   | **September                30,**             |   |
|                                                                                                       |   | **2007**                                     |   | **2006** |   |
|                                                                                                       |   |                                         |   |   |   |
| CASH                FLOWS FROM OPERATING ACTIVITIES:                                                       |   |                                         |   |   |   |
| Net                income (loss)                                                                           |   | $                                            | (2,440 | ) | $ | 387 |   |
| Adjustments                to reconcile net income (loss) to net cash used in                              |   |                                         |   |   |   |   |   |
| operating                activities:                                                                       |   |                                         |   |   |   |   |   |
| Depreciation                and amortization                                                               |   |                                         | 1,431  |   |   | 1,470 |   |
| Deferred                income taxes                                                                       |   |                                         | 589    |   |   | (1,509 | ) |
| Income                from discontinued operations                                                         |   |                                         | (2,605 | ) |   | (5,353 | ) |
| Other                                                                                                      |   |                                         | 524    |   |   | 697 |   |
| Changes                in operating assets and liabilities, net of effects of                dispositions: |   |                                         |   |   |   |   |   |
| Accounts                receivable                                                                         |   |                                         | (225   | ) |   | (109 | ) |
| Prepaid                expenses and other assets                                                           |   |                                         | 863    |   |   | (2,206 | ) |
| Prepaid                and refundable taxes and income taxes payable                                       |   |                                         | (4,035 | ) |   | 262 |   |
| Accounts                payable and accrued expenses                                                       |   |                                         | (1,673 | ) |   | 807 |   |
| Other                liabilities                                                                           |   |                                         | (263   | ) |   | (367 | ) |
| Net                cash used in operating activities of discontinued                operations             |   |                                         | -      |   |   | 942 |   |
| Net                cash used in operating activities                                                       |   |                                         | (7,834 | ) |   | (4,979 | ) |
|                                                                                                       |   |                                         |   |   |   |   |   |
| CASH                FLOWS FROM INVESTING ACTIVITIES:                                                       |   |                                         |   |   |   |   |   |
| Purchases                of property and equipment                                                         |   |                                         | (1,078 | ) |   | (1,354 | ) |
| Proceeds                from sale of division                                                              |   |                                         | 4,513  |   |   | 17,702 |   |
| Net                cash used in investing activities of discontinued                operations             |   |                                         | -      |   |   | (24 | ) |
| Net                cash provided by investing activities                                                   |   |                                         | 3,435  |   |   | 16,324 |   |
|                                                                                                       |   |                                         |   |   |   |   |   |
| CASH                FLOWS FROM FINANCING ACTIVITIES:                                                       |   |                                         |   |   |   |   |   |
| Proceeds                from the issuance of common stock in connection                                    |   |                                         |   |   |   |   |   |
| with                the exercise of stock options and warrants                                             |   |                                         | 266    |   |   | 143 |   |
| Repayments                of obligations under capital lease                                               |   |                                         | -      |   |   | (30 | ) |
| Net                cash provided by financing activities                                                   |   |                                         | 266    |   |   | 113 |   |
|                                                                                                       |   |                                         |   |   |   |   |   |
| Net                increase (decrease) in cash and cash equivalents                                        |   |                                         | (4,133 | ) |   | 11,458 |   |
| Effect                of exchange rate changes on cash and cash equivalents                                |   |                                         | 39     |   |   | 43 |   |
| Cash                and cash equivalents at the beginning of period                                        |   |                                         | 17,031 |   |   | 7,303 |   |
|                                                                                                       |   |                                         |   |   |   |   |   |
| Cash                and cash equivalents at end of period                                                  |   | $                                            | 12,937 |   | $ | 18,804 |   |

----

**MEDIALINK        WORLDWIDE INCORPORATED AND SUBSIDIARIES**

**NOTES        TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS**

**(In        thousands of dollars, except per-share amounts)**

**1.      Basis of Presentation **

**2.      Discontinued Operations**

|                                                               |   | **Nine                  months ended September 30,** |   | **Three                  months ended September 30,** |   |
|--------------------------------------------------------------------|--------|------------------------------------------------------|--------|-------------------------------------------------------|--------|
|                                                               |   | **2007**                                             |   | **2006**                                              |   | **2007** |   | **2006** |   |
|                                                               |   |                                                 |   |                                             |   |    |   |    |   |
| Revenues                                                           |   | $                                                    | -      |                                                  | $      | 4,457 |   | $ | - |   | $ | 1,403 |   |
|                                                               |   |                                                 |   |                                                  |   |   |   |   |   |   |   |   |   |
| Income                  (loss) from operations before income taxes |   | $                                                    | (22    | )                                                     | $      | 1,728 |   | $ | (22 | ) | $ | 391 |   |
| Income                  tax expense (benefit)                      |   |                                                 | (9     | )                                                     |   | 734 |   |   | (9 | ) |   | 167 |   |
| Income                  (loss) from operations                     |   |                                                 | (13    | )                                                     |   | 994 |   |   | (13 | ) |   | 224 |   |
|                                                               |   |                                                 |   |                                                  |   |   |   |   |   |   |   |   |   |
| Gain                  on sale of division before income taxes      |   |                                                 | 4,513  |                                                  |   | 7,515 |   |   | - |   |   | 7,515 |   |
| Income                  tax expense                                |   |                                                 | 1,895  |                                                  |   | 3,156 |   |   | - |   |   | 3,156 |   |
| Gain                  on sale of division                          |   |                                                 | 2,618  |                                                  |   | 4,359 |   |   | - |   |   | 4,359 |   |
|                                                               |   |                                                 |   |                                                  |   |   |   |   |   |   |   |   |   |
| Income                  (loss) from discontinued operations        |   | $                                                    | 2,605  |                                                  | $      | 5,353 |   | $ | (13 | ) | $ | 4,583 |   |

----

**MEDIALINK        WORLDWIDE INCORPORATED AND SUBSIDIARIES**

**NOTES        TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS -        Continued**

**3.      Earnings (Loss) per Share**

|                                                        |   | **Nine                months ended September 30,** |      | **Three                months ended September 30,** |   |
|-------------------------------------------------------------|--------|----------------------------------------------------|-----------|-----------------------------------------------------|--------|
|                                                        |   | **2007**                                           |      | **2006**                                            |   | **2007** |   | **2006** |   |
|                                                        |   |                                               |      |                                                |   |   |   |   |   |
| Shares                related to stock options and warrants |   |                                               | 324,849   |                                                |   | 115,719 |   |   | 181,612 |   |   | 66,560 |   |
|                                                        |   |                                               |      |                                                |   |   |   |   |   |   |   |   |   |
| Shares                related to convertible debentures     |   |                                               | 1,091,294 |                                                |   | 1,234,567 |   |   | 1,074,074 |   |   | 1,234,567 |   |

**4.      Long-term Debt and Warrants**

**5.      Stock Options**

----

**MEDIALINK          WORLDWIDE INCORPORATED AND SUBSIDIARIES**

**NOTES          TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS -          Continued**

|                                   |   | **Employee                Plan** |   | **Directors’                Plan** |   |
|----------------------------------------|--------|----------------------------------|--------|------------------------------------------|--------|
|                                   |   |                             |   |                                     |   |
| Expected                term           |   |                             | 3.91   |                                     |   | 4.23 |   |
| Expected                volatility     |   |                             | .6024  |                                     |   | .5969 |   |
| Expected                dividends      |   |                             | 0%     |                                     |   | 0% |   |
| Risk-free                interest rate |   |                             | 4.50%  |                                     |   | 4.48% |   |

|                                                     |   | **Number                of shares** |    | **Weighted                Average Exercise Price** |   | **Weighted                Average Fair Value** |   | **Aggregate                Intrinsic Value** |   | **Weighted                Average Remaining Contractual Term** |   |
|----------------------------------------------------------|--------|-------------------------------------|---------|----------------------------------------------------|--------|------------------------------------------------|--------|----------------------------------------------|--------|----------------------------------------------------------------|--------|
|                                                     |   |                                |    |                                               |   |                                           |   |                                         |   |                                                           |   |
| Options                outstanding at January 1, 2007    |   |                                | 788,190 |                                               | $      | 4.89                                           |   |                                         |   |                                                           |   |   |   |   |   |   |
| Options                granted                           |   |                                | 58,000  |                                               | $      | 4.88                                           |   | $                                            | 2.43   |                                                           |   |   |   |   |   |   |
| Options                exercised                         |   |                                | (28,950 | )                                                  | $      | 2.85                                           |   |                                         |   |                                                           | $      | 51 |   |   |   |   |
| Options                forfeited and expired             |   |                                | (62,900 | )                                                  | $      | 5.02                                           |   |                                         |   |                                                           |   |   |   |   |   |   |
|                                                     |   |                                |    |                                               |   |                                           |   |                                         |   |                                                           |   |   |   |   |   |   |
| Options                outstanding at September 30, 2007 |   |                                | 754,340 |                                               | $      | 4.95                                           |   |                                         |   |                                                           | $      | 447 |   |   | 7.13 |   |
|                                                     |   |                                |    |                                               |   |                                           |   |                                         |   |                                                           |   |   |   |   |   |   |
| Options                exercisable at September 30, 2007 |   |                                | 319,223 |                                               | $      | 5.44                                           |   |                                         |   |                                                           | $      | 333 |   |   | 4.61 |   |

|                                                     |   | **Number                of shares** |    | **Weighted                Average Exercise Price** |   | **Weighted                Average Fair Value** |   | **Aggregate                Intrinsic Value** |   | **Weighted                Average Remaining Contractual Term** |   |
|----------------------------------------------------------|--------|-------------------------------------|---------|----------------------------------------------------|--------|------------------------------------------------|--------|----------------------------------------------|--------|----------------------------------------------------------------|--------|
|                                                     |   |                                |    |                                               |   |                                           |   |                                         |   |                                                           |   |
| Options                outstanding at January 1, 2007    |   |                                | 224,600 |                                               | $      | 5.39                                           |   |                                         |   |                                                           |   |   |   |   |   |   |
| Options                granted                           |   |                                | 34,000  |                                               | $      | 4.92                                           |   | $                                            | 2.52   |                                                           |   |   |   |   |   |   |
| Options                forfeited and expired             |   |                                | (18,000 | )                                                  | $      | 8.20                                           |   |                                         |   |                                                           |   |   |   |   |   |   |
|                                                     |   |                                |    |                                               |   |                                           |   |                                         |   |                                                           |   |   |   |   |   |   |
| Options                outstanding at September 30, 2007 |   |                                | 240,600 |                                               | $      | 5.11                                           |   |                                         |   |                                                           | $      | 164 |   |   | 6.25 |   |
|                                                     |   |                                |    |                                               |   |                                           |   |                                         |   |                                                           |   |   |   |   |   |   |
| Options                exercisable at September 30, 2007 |   |                                | 181,933 |                                               | $      | 5.38                                           |   |                                         |   |                                                           | $      | 134 |   |   | 5.42 |   |

----

**MEDIALINK            WORLDWIDE INCORPORATED AND SUBSIDIARIES**

**NOTES            TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS -            Continued**

**6.      Income Taxes**

**7.      Supplemental Cash Flow Information:**

|                                                |   | **2007** |   | **2006** |   |
|-----------------------------------------------------|--------|----------|--------|----------|--------|
|                                                |   |     |   |     |   |
| Interest                  paid                      |   | $        | 327    |     | $      | 372 |   |
|                                                |   |     |   |     |   |   |   |
| Income                  taxes paid (refunded) - net |   | $        | 1,592  |     | $      | (252 | ) |

----

**MEDIALINK            WORLDWIDE INCORPORATED AND SUBSIDIARIES**

**NOTES            TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS -            Continued**

**8.      Segment Information**

|                                                        |   | **Nine                months ended September 30,** |   | **Three                months ended September 30,** |   |
|-------------------------------------------------------------|--------|----------------------------------------------------|--------|-----------------------------------------------------|--------|
|                                                        |   | **2007**                                           |   | **2006**                                            |   | **2007** |   | **2006** |   |
| *Revenues:*                                                 |   |                                          |   |                                           |   |    |   |    |   |
| Media                communications services                |   | $                                                  | 21,987 |                                                | $      | 20,494 |   | $ | 7,279 |   | $ | 6,493 |   |
| Digital                video tracking services              |   |                                               | 2,541  |                                                |   | 1,910 |   |   | 945 |   |   | 719 |   |
|                                                        |   |                                               |   |                                                |   |   |   |   |   |   |   |   |   |
| Total                                                       |   | $                                                  | 24,528 |                                                | $      | 22,404 |   | $ | 8,224 |   | $ | 7,212 |   |
|                                                        |   |                                               |   |                                                |   |   |   |   |   |   |   |   |   |
|                                                        |   |                                               |   |                                                |   |   |   |   |   |   |   |   |   |
| *Operating                income (loss):*                   |   |                                               |   |                                                |   |   |   |   |   |   |   |   |   |
| Media                communications services                |   | $                                                  | 58     |                                                | $      | (240 | ) | $ | 84 |   | $ | (258 | ) |
| Digital                video tracking services              |   |                                               | (2,855 | )                                                   |   | (2,585 | ) |   | (921 | ) |   | (936 | ) |
|                                                        |   |                                               |   |                                                |   |   |   |   |   |   |   |   |   |
| Total                                                       |   |                                               | (2,797 | )                                                   |   | (2,825 | ) |   | (837 | ) |   | (1,194 | ) |
| Corporate                and other business activities      |   |                                               | (4,116 | )                                                   |   | (4,836 | ) |   | (1,304 | ) |   | (2,156 | ) |
| Interest                income (expense) - net              |   |                                               | 54     |                                                |   | (416 | ) |   | (7 | ) |   | (150 | ) |
|                                                        |   |                                               |   |                                                |   |   |   |   |   |   |   |   |   |
| Loss                from continuing operations before taxes |   | $                                                  | (6,859 | )                                                   | $      | (8,077 | ) | $ | (2,148 | ) | $ | (3,500 | ) |

|                                                   |   | **September                30,** |   | **December                31, **  |   |
|--------------------------------------------------------|--------|----------------------------------|--------|---------------------------------------------|--------|
|                                                   |   | **2007**                         |   | **2006**                                    |   |
| *Total                assets:*                         |   |                        |   |                                   |   |
| Media                communications services           |   | $                                | 12,367 |                                        | $      | 11,684 |   |
| Digital                video tracking services         |   |                             | 2,943  |                                        |   | 3,279 |   |
| Corporate                and other business activities |   |                             | 14,539 |                                        |   | 20,191 |   |
|                                                   |   |                             |   |                                        |   |   |   |
| Total                                                  |   | $                                | 29,849 |                                        | $      | 35,154 |   |

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**Item            2. **
***Management’s            Discussion and Analysis of Financial Condition and Results of            Operations***

**Results      of Operations**

*Nine      months ended September 30, 2007, compared to nine months ended September 30,      2006*

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*Three      months ended September 30, 2007, compared to three months ended September 30,      2006*

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**Financial      Condition**

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**Critical      Accounting Policies**

**Item      3. **
***Quantitative      and Qualitative Disclosures About Market Risk***

**Item      4. **
***Controls      and Procedures***

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**PART      II. OTHER INFORMATION**

**Item      1. **
***Legal      Proceedings***

**Item      1A. **
***Risk      Factors***

*Watermarking      Client Content*

**Item      6. **
***Exhibits***

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**SIGNATURES**

|                     |                                                                       |                                     |
|--------------------------|----------------------------------------------------------------------------|------------------------------------------|
|                     | MEDIALINK                WORLDWIDE INCORPORATED(Registrant)                |
|                |                                                                  |                                |
|                     | By:                                                              | /s/ Laurence              Moskowitz |
|                     | Laurence              Moskowitz                                            |
|                     | Chairman              of the Board, Chief Executive Officer, and President |
|                     | (Principal Executive Officer)                                              |
| Dated: November 14, 2007 |                                                                       |

|                     |                                   |                                     |
|--------------------------|----------------------------------------|------------------------------------------|
|                |                              |                                |
|                     | By:                          | /s/ Kenneth                Torosian |
|                     | Kenneth                Torosian        |
|                     | Chief                Financial Officer |
|                     | (Principal Accounting Officer)         |
| Dated: November 14, 2007 |                                   |

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**EXHIBIT          INDEX**

| Exhibit                No. |   | Description                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|----------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                       |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| 2.1                        |   | Asset                Purchase Agreement dated as of September 29, 2006, between Medialink                Worldwide Incorporated and PR Newswire Association, LLC (Incorporated                by                reference to Exhibit 2.1 of the Registrant’s Current Report on Form 8-K                filed on October 5, 2006).                                                                                                                                                                                                                                                            |
| 3.1                        |   | Amended                and Restated Certificate of Incorporation of Medialink Worldwide                Incorporated (Incorporated by reference to Exhibit No. 2.5 of Registrant’s                Registration Statement on Form 8-A filed on January 16, 1997 (File                No.                000-21989)).                                                                                                                                                                                                                                                                           |
| 3.2                        |   | Amended                and Restated By-Laws of Medialink Worldwide Incorporated dated November                8,                2007 (Incorporated by reference to Exhibit No. 3.2 of                Registrant’s Current Report on Form 8-K filed on November 13,                2007).                                                                                                                                                                                                                                                                                           |
| 4.1                        |   | Preferred                Stock Rights Agreement, dated as of August 16, 2001, between Medialink                Worldwide Incorporated and Mellon Investor Services, LLC, including                the                Certificate of Designation, the form of Rights Certificate and the                Summary                of Rights attached thereto as Exhibits A, B, and C, respectively                (Incorporated by reference to Exhibit No. 4.1 of Registrant’s Registration                Statement on Form 8-A filed on August 16, 2001 (File No.                000-21989)). |
| 10.1                       |   | Amended                and Restated Employment Agreement, dated as of December 31, 2005,                by and                between Medialink Worldwide Incorporated and Laurence Moskowitz                (Incorporated by reference to Exhibit No. 10.1 of the Registrant’s Annual                Report on Form 10-K for the fiscal year ended December 31,                2005).                                                                                                                                                                                                       |
| 10.2                       |   | Amended                and Restated Employment Agreement, dated as of August 28, 2001, by                and                between Medialink Worldwide Incorporated and J. Graeme McWhirter                (Incorporated by reference to Exhibit No. 10.2 of Registrant’s Annual                Report on Form 10-K for the fiscal year ended December 31,                2001).                                                                                                                                                                                                            |
| 10.3                       |   | Separation                Agreement and General Release, dated as of December 30, 2005, by                and                between Medialink Worldwide Incorporated and J. Graeme McWhirter                (Incorporated by reference to Exhibit No. 10.3 of the Registrant’s Annual                Report on Form 10-K for the fiscal year ended December 31,                2005).                                                                                                                                                                                                       |
| 10.4                       |   | Asset                Purchase Agreement, dated December 31, 2004, by and between Medialink                Worldwide Incorporated and Bacon’s Information Inc. (Incorporated by                reference to Exhibit No. 10.1 of the Registrant’s Current Report on Form                8-K/A filed on March 14, 2005).                                                                                                                                                                                                                                                                  |
| 10.5                       |   | Agreement                for the Sale and Purchase of Certain Assets of Medialink UK Limited                forming part of the Delahaye Business, dated December 31, 2004, by                and                between Medialink UK Limited and Romeike Limited (Incorporated by                reference to Exhibit No. 10.2 of the Registrant’s Current Report on Form                8-K/A filed on March 14, 2005).                                                                                                                                                                    |
| 10.7                       |   | Medialink                Worldwide Incorporated 401(k) Employee Savings Plan (Incorporated                by                reference to Exhibit No. 10.7 of the Registrant’s Quarterly Report on Form                10-Q for the quarterly period ended September 30,                2006).                                                                                                                                                                                                                                                                                                |
| 10.8                       |   | Medialink                Worldwide Incorporated Amended and Restated Stock Option Plan                (Incorporated by reference to Exhibit No. 10.8 of the Registrant’s Annual                Report on Form 10-K for the fiscal year ended December 31,                2006).                                                                                                                                                                                                                                                                                                              |
| 10.9                       |   | Medialink                Worldwide Incorporated Amended and Restated 1996 Directors Stock                Option                Plan (Incorporated by reference to Exhibit No. 10.9 of the Registrant’s                Quarterly Report on Form 10-Q for the quarterly period ended March                31,                2006).                                                                                                                                                                                                                                                            |
| 10.12                      |   | Employment                Agreement, dated as of July 11, 2005, by and between Medialink Worldwide                Incorporated and Kenneth G. Torosian (Incorporated by reference to                Exhibit                No. 10.12 of Registrant’s Quarterly Report on Form 10-Q for the quarterly                period ended September 30, 2005).                                                                                                                                                                                                                                        |
| 10.13                      |   | Employment                Agreement, dated as of September 9, 2005, by and between Medialink                Worldwide Incorporated and Lawrence A. Thomas (Incorporated by reference                to Exhibit No. 10.13 of Registrant’s Quarterly Report on Form 10-Q for the                quarterly period ended September 30, 2005).                                                                                                                                                                                                                                                    |
| 31.1                       |   | Certification                of the principal executive officer pursuant to Rules 13a-14(a) and                15d-14(a) of the Securities Exchange Act of 1934, as                amended.                                                                                                                                                                                                                                                                                                                                                                                                        |
| 31.2                       |   | Certification                of the principal financial officer pursuant to Rules 13a-14(a) and                15d-14(a) of the Securities Exchange Act of 1934, as                amended.                                                                                                                                                                                                                                                                                                                                                                                                        |
| 32                         |   | Certification                of the principal executive officer and principal financial officer                pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section                906 of                the Sarbanes-Oxley Act of 2002.                                                                                                                                                                                                                                                                                                                                             |

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