EXHIBIT 11

STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS

ZAP.COM CORPORATION(A DEVELOPMENT STAGE COMPANY)

|Statement Regarding Computation of Per Share Earnings | 
|----------------------------------------------------- | 

|                                                                                            |  | Three Months Ended |            |          | Six Months Ended |           
|------------------------------------------------------------------------------------------- |  | ------------------ | ---------- | -------- | ---------------- | ----------
|                                                                                            |  |                    |           
|                                                                                            |  | June 30,           |            | June 30, |                  | June 30,  
|                                                                                            |  | 1999               |            | 2000     |                  | 1999      
|                                                                                            |  |                    |            |          |                  |           
|Net loss                                                                                    |  | $                  | (361,550   | )        | $                | (162,963) 
|                                                                                            |  |                    |            |          |                  |           
|Actual outstanding Common Shares at beginning of  period                                    |  |                    | 49,450,000 | (1)      |                  | 50,000,000
|                                                                                            |  |                    |            |          |                  |           
|Sum of weighted average activity of Common
    Shares issued for stock options and warrants |  |                    |           |          |                  |          
|                                                                                            |  |                    |            |          |                  |           
|Weighted Basic Shares                                                                       |  |                    | 49,450,000 |          |                  | 50,000,000
|                                                                                            |  |                    |            |          |                  |           
|Effect of assumed exercise of Common Stock
    equivalents                                  |  |                    |           |          |                  |          
|                                                                                            |  |                    |            |          |                  |           
|Weighted diluted shares                                                                     |  |                    | 49,450,000 |          |                  | 50,000,000
|                                                                                            |  |                    |            |          |                  |           
|Basic earnings (loss) per share                                                             |  | $                  | (0.01      | )        | $                | 0.00      
|                                                                                            |  |                    |            |          |                  |           
|Diluted earnings (loss) per share                                                           |  | $                  | ( 0.01     | )        | $                | 0.00      

____________

(1) Outstanding shares retroactively adjusted to reflect 49,450 for one split on November 12, 1999.