**EXHIBIT 11**

**ZAP.COM CORPORATION(A DEVELOPMENT STAGE COMPANY)**

**Statement Regarding Computation of Per Share Earnings**

|                                                              |                                       | **Three Months Ended**      |        |   | **Nine Months Ended**       |        |
|--------------------------------------------------------------|---------------------------------------|-----------------------------|--------|---|-----------------------------|--------|
|                                                              |                                       |                             |        |   |                             |        |
|                                                              |                                       | **September 30,      1999** |        |   | **September 30,      2000** |        |  | **September 30,      1999** |  |  | **September 30,      2000** |  |
|                                                              |                                       |                             |        |   |                             |        |  |  |  |  |  |  |
| Net loss                                                     | $                                     | (745,813)                   |        | $ | (282,037)                   |        | $ | (1,411,548) |  | $ | (3,533,756) |  |
| Actual outstanding Common Shares      at beginning of period |                                       | 49,450,000                  | (1)    |   |  50,000,000            |        |  | 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                  |        |  | 49,450,000 |  |  | 50,000,000 |  |
| Effect of assumed exercise of Common Stock              |                                       |                             |        |   |                        |        |  |   |  |  |   |  |
|                                                              | equivalents                           |                             | — |   |                             | — |  |  | — |  |  | — |  |
| Weighted diluted shares                                      |                                       | 49,450,000                  |        |   | 50,000,000                  |        |  | 49,450,000 |  |  | 50,000,000 |  |
| Basic loss per share                                         | $                                     | (0.02)                      |        | $ | ( 0.01)                     |        | $ | (0.03) |  | $ | (0.07) |  |
| Diluted loss per share                                       | $                                     | (0.02)                      |        | $ | ( 0.01)                     |        | $ | (0.03) |  | $ | (0.07) |  |