UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

[X]      Quarterly  report  pursuant  to Section  13 or 15(d) of the  Securities
         Exchange Act of 1934 For the quarterly period ended: September 30, 2003

[ ]      Transition  report  pursuant  to Section 13 or 15(d) of the  Securities
         Exchange  Act of  1934  For  the  transition  period  from  _______  to
         _________

                         Commission file number: 0-29363

                               THE PLAYERS NETWORK
        (Exact name of small business issuer as specified in its charter)

           Nevada                                               880343702
(State or other jurisdiction of                              (I.R.S. Employer
 incorporation or organization                              Identification No.)

  4620 Polaris Avenue, Las Vegas, Nevada                           89103
 (Address of principal executive officer)                       (Zip Code)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days. Yes [X] No [ ]

APPLICABLE  ONLY TO  ISSUERS  INVOLVED  IN  BANKRUPTCY  PROCEEDINGS  DURING  THE
PRECEDING FIVE YEARS

Check whether the  registrant  filed all  documents  and reports  required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the  distribution  of
securities under a plan confirmed by a court Yes [ ] No [ ]

APPLICABLE ONLY TO CORPORATE ISSUERS

         The  number of shares of common  stock,  no par value,  outstanding  as
September 30, 2003: ______________ shares

Transitional Small Business Disclosure Format (check one):  Yes [ ]    No [X]


<PAGE>

                               THE PLAYERS NETWORK
                         PERIOD ENDED SEPTEMBER 30, 2003

                                      INDEX

<TABLE>
<CAPTION>
PART I.  FINANCIAL INFORMATION                                                       Page
<S>                                                                                 <C>
         Item 1.  Financial Statements                                                ___

         Condensed financial statements of The Players Network:

                  Balance sheet as of September 30, 2003

                  Income statements for the nine months and three months ended
                           September 30, 2003 and September 30, 2002

                  Statements of cash flows for the nine months and three  months
                           ended September 30, 2003 and September 30, 2002

                  Notes to financial statements                                       ___

         Item 2.  Management's  Discussion  and  Analysis

         Item 3.  Controls and Procedures                                             ___

PART II. OTHER INFORMATION

         Item 6.  Exhibits and Reports on Form 8-K                                    ___

SIGNATURE                                                                             ___
</TABLE>


<PAGE>

PART I.           FINANCIAL INFORMATION

Item 1.           Financial Statements

                               THE PLAYERS NETWORK
                                  BALANCE SHEET
                               September 30, 2003


ASSETS
     Current assets
        Cash                                                       $    11,055
        Accounts receivable                                             17,114
        Prepaid barter credits                                          34,703
        Prepaid expenses and other current assets                       10,344
                                                                   -----------
           Total current assets                                         73,216

Property and equipment,
     net of $327,675 accumulated depreciation                          233,067
Intangible assets
     Video film library,
        net of $1,364,359 accumulated amortization                     470,414
     Web site development costs,
        net of $264,786 accumulated amortization                         2,980
     Trademark and other assets,
        net of $1,828 accumulated amortization                           8,874
                                                                   -----------

        Total assets                                               $   788,551
                                                                   ===========


LIABILITIES AND STOCKHOLDERS' EQUITY
     Current liabilities
        Current portion of long-term debt                          $     3,907
        Accounts payable                                               134,011
        Accrued expenses                                                 3,861
        Accrued expenses due to stockholders                            89,828
        Deferred revenue                                                 5,670
                                                                   -----------
             Total current liabilities                                 237,277
                                                                   -----------

Stockholders' Equity
     Common stock, $.01 par value; 25,000,000 shares
        authorized, 14,090,225  shares issued and outstanding           14,090
     Additional paid-in capital                                      7,498,364
     Accumulated deficit                                            (6,961,180)
                                                                   -----------
        Stockholders' equity                                           551,274
                                                                   -----------
        Total liabilities and stockholders' equity                 $   788,551
                                                                   ===========

<PAGE>

                               THE PLAYERS NETWORK
                             STATEMENT OF OPERATIONS
             Nine and Three Months Ended September 30, 2003 and 2002


<TABLE>
<CAPTION>
                                               For the nine months ended     For the three months ended
                                             -----------------------------  -----------------------------
                                                 2003           2002             2003          2002
                                             -----------------------------  -----------------------------
     Revenues
<S>                                              <C>            <C>               <C>           <C>
         Network                                 $ 185,306      $ 331,754         $ 56,218      $ 78,428
         Advertising                                16,695         16,265              100        10,280
         Production and other                       41,479        111,915           26,316        98,816
                                             -----------------------------  -----------------------------
            Total revenues                         243,480        459,934           82,634       187,524
                                             -----------------------------  -----------------------------

     Operating expenses
         Cost of production                         39,582         33,000           20,036        11,000
         Selling, general and administrative       432,115        516,319          124,056       180,780
         Impairment                                 30,894         54,000                0             0
         Depreciation and amortization             253,950        316,070           74,605       104,860
                                             -----------------------------  -----------------------------
            Total operating expenses               756,541        919,389          218,697       296,640
                                             -----------------------------  -----------------------------

     Other expenses
         Interest expense                            7,183         21,149              480         5,060
         Gain on sale of assets                      1,159              0                0             0
         Other expense                                             18,193                0             0
                                             -----------------------------  -----------------------------

     Net Loss                                   $ (520,244)    $ (498,797)       $(136,543)    $(114,176)
                                             =============================  =============================

     Basic and Diluted
       Loss per share                               ($0.04)        ($0.04)          ($0.01)       ($0.01)
       Weighted average
         shares outstanding                     13,919,660     11,208,475       14,090,255    12,580,892
</TABLE>

<PAGE>

                               THE PLAYERS NETWORK
                             STATEMENT OF CASH FLOWS
                    Nine Months Ended June 30, 2003 and 2002

<TABLE>
<CAPTION>
                                                                                2003            2002
                                                                           -------------------------------

Cash flows from operating activities
<S>                                                                              <C>            <C>
        Net loss                                                                 ($520,244)     ($498,797)
        Adjustments to reconcile net loss to
           net cash used in operating activities
           Depreciation and amortization                                           246,405        316,071
           Stock issued for services                                                               93,940
           Impairment                                                               30,894
           Net gain on assets sold                                                 (11,156)
           Net change in unused barter credits                                      (2,500)        65,256
        Net changes to:
           Accounts receivable                                                     (10,539)       (35,464)
           Prepaid assets                                                           (5,504)        11,598
           Account payable                                                         (22,966)        (9,490)
           Accrued expenses                                                          3,862        (23,404)
           Accrued expenses due to stockholder                                      59,914
           Deferred revenue                                                        (27,067)       (30,485)
                                                                           -------------------------------
           Net cash used in operating activities                                  (258,901)      (110,775)
                                                                           -------------------------------

Cash flows used in investing activities
        Purchase of property and equipment                                          (4,338)
        Additions to video film library                                            (18,250)       (75,622)
        Proceeds from reduction in deposits                                          5,868
                                                                           -------------------------------
           Net cash used in investing activities                                   (16,720)       (75,622)
                                                                           -------------------------------

Cash flows provided by financing activities
        Sales of common stock                                                      200,000        120,077
        Deposit for Acquistion                                                                    150,000
        Proceeds from the sale of assets                                            26,500
        Payment on installment debt                                                (19,634)       (61,671)
                                                                           -------------------------------
           Net cash provided by financing activities                               206,866        208,406
                                                                           -------------------------------

Net increase (decrease) in cash                                                    (68,755)        22,009
Cash at beginning of period                                                         79,810         29,215
                                                                           -------------------------------
Cash at end of period                                                              $11,055        $51,224
                                                                           ===============================
</TABLE>

<PAGE>

                               THE PLAYERS NETWORK
                          NOTES TO FINANCIAL STATEMENTS


NOTE 1 - BASIS OF PRESENTATION

The accompanying  unaudited interim financial  statements of The Players Network
("PNTV") have been prepared in accordance with accounting  principles  generally
accepted  in the United  States of America and the rules of the  Securities  and
Exchange Commission ("SEC"),  and should be read in conjunction with the audited
financial  statements and notes thereto  contained in PNTV's Annual Report filed
with the SEC on Form  10-KSB.  In the opinion of  management,  all  adjustments,
consisting of normal recurring adjustments, necessary for a fair presentation of
financial  position  and the  results  of  operations  for the  interim  periods
presented have been reflected herein.  The results of operations for interim are
not  necessarily  indicative  of the results to be  expected  for the full year.
Notes to the  financial  statements  which  would  substantially  duplicate  the
disclosure contained in the audited financial statements for 2002 as reported in
the 10-KSB have been omitted.


NOTE 2 - GOING CONCERN

The accompanying financial statements have been prepared assuming that PNTV will
continue as a going concern. PNTV has suffered recurring losses from operations,
which raises substantial doubt about its ability to continue as a going concern.
Management's  plans include the ongoing  attempts to sell  additional  stock and
increase its broadcasting market revenues. The consolidated financial statements
do not  include  any  adjustments  that might  result  from the  outcome of this
uncertainty.


<PAGE>

Item 2. Management's Discussion and Analysis

Overview

We produce  television  programming and videos related to gaming instruction and
information  for hotel  casinos on a private  cable  channel  known as  "PLAYERS
NETWORK."  We also are a 24-hour  digital  web  broadcaster  featuring  live and
previously  recorded content. We are evolving from a subscription based model to
a traditional  advertising  based  advertising  model.  Our  programming  is now
available in 16 non-casino  properties in Las Vegas. Our programming is also now
on the  "Dish  Network"  and is  being  sold  on  CDs  and  VHS  tapes  in  mass
merchandisers such as Target and Walgreen.

At September 30, 2003, we had an accumulated operating deficit of $6,961,180 and
stockholders' equity of $551,274.

We expect operating losses and negative  operating cash flows to continue for at
least the next twelve months,  because of expected additional costs and expenses
related to brand development; marketing and other promotional activities; hiring
of management,  sales and other personnel;  the expansion of infrastructure  and
customer support services;  strategic  relationship  development;  and potential
acquisitions of related complementary businesses.

Liquidity and Capital Resources

Our principal source of operating  capital has been provided by private sales of
our common stock and stockholder loans, as well as revenues from the operations.
At  September  30,  2003,  we  had  a  negative   working  capital  position  of
approximately  $164,000,  of which  $100,000  are amounts  due to  officers  and
directors.  In addition,  $5,700 of current  liabilities  are deferred  revenue,
which  consists  of monthly  network  services  that are  billed in advance  and
installation charges that are amortized over the life of network contracts,.

Although  the  Company  has  experienced  no  revenue  growth,  this  may not be
indicative  of future  operating  results and there can be no assurance  that it
will  achieve or  maintain  profitability.  Due to these  factors,  the  Company
believes that period-to-period  comparisons of its results of operations are not
necessarily a good indication of future  performance.  The results of operations
in some future periods may be below the expectations of analysts and investors.

We anticipate capital expenditures in excess of $100,000 to expand our operation
during the next twelve months.  We believe that the current cash flows generated
from its revenues will not be sufficient  to fund our  anticipated  expansion of
operations.  We may require additional funding to finance our operations through
private  sales  and  public  debt or  equity  offerings.  However,  there  is no
assurance that we can obtain such financing.

At September  30,  2003,  we had three full time  employees  and three part time
consultants.

Recent Events:


<PAGE>

In September  2003 we signed an agreement to be featured as part of Ed McMahon's
Players Club which will be promoted through a series of infomercials. As part of
joining the club  members will receive a free Black Jack video for which we will
paid $2.50.  Later the members  will be given to option to buy two other  videos
"Craps" and "Roulette".

In July 2003 we signed an  agreement  with  Morningstar  Entertainment  Inc.  to
distribute our videos to mass marketers such as Target,  Wal-Mart and Walgreens.
Our videos will be appearing in stores across North America in November 2003.

Results of Operations - Nine Months Ended September 30, 2003 and 2002

Revenues  decreased 47% to $243,000 from $460,000 in 2003 versus 2002.  PNTV had
$185,300 in Network and Television  Revenue,  $16,700 in Advertising Revenue and
$41,500 in Production and Other Revenue in 2003, compared to $332,800 in Network
Revenue,  $16,300 in  Advertising  Revenue and $111,900 in Production  and Other
Revenue in 2002. We are changing our revenue model from one of paid subscription
to a traditional cable network model of revenues from the sale of advertisement.
We are  currently  installing  sixteen new hotel  clients  using this model.  We
anticipate advertising revenues to increase accordingly. In addition, we started
to sell our videos through mass market distributors and infomercials.

Video  production  expense  increased  20% to $39,500  from $33,000 for 2003 and
2002,  respectively.  The increase is due the  preparation of our existing video
for distribution  through mass  merchandisers and infomercials.  However we have
had a reduction in video production over the past 12 months.

Selling and  administrative  expenses decreased 18% to $432,000 from $518,300 in
2003 and 2002, respectively.  While selling, general and administrative expenses
decreased there was an increase in payroll expense to $218,000 (of which $71,000
was accrued and unpaid) from $201,000,  while consulting expense decreased to $0
from $67,000 and travel expenses  decreased to $18,000 from $39,000 for 2003 and
2002, respectively.

Depreciation  and  amortization  decreased 20% to $254,000 from $317,000 in 2003
and 2002, respectively. This is due to our charging off production for our hotel
customers over the life of the network agreement as video production expense and
not amortizing this production.  Our gaming  instruction videos have long "shelf
life" and continue to be amortized over their estimated useful lives.

Interest  expense  decreased  66% to  $7,200  from  $21,100  for 2003 and  2002,
respectively,  due to the  shareholder  loans converted into common stock in May
2002.

Impairment  charges  were  $30,100  and  $54,000  and $30,100 for 2003 and 2002,
respectively. Impairment charges are for assets that we determine are worth less
than the value recorded on our books.

Critical Accounting Policies

Video Library


<PAGE>

Our Video Library consist of over 500 completed videos.  The library consists of
gaming  instruction which were produced at our own expense,  videos produced for
gaming  equipment  manufacturers  and  videos  produced  for our  network  hotel
customers.  For gaming  instruction  and equipment  video, we record the cost of
production  and amortize the cost over the estimated  useful life (7 years).  We
amortize hotel customer production over the life of the hotel network agreement,
which usually run 24 to 36 months.  This policy recognizes that customized video
for  hotel  customers  are  subject  to  a  shorter  "shelf  life"  than  gaming
instruction video. We review our library catalogue quarterly and determine which
videos are no longer of value.  At  September  30,  2003,  we had a net carrying
value for our Video of $470,000.

Risk Factors and Cautionary Statements

Forward-looking statements in this report are made pursuant to the "safe harbor"
provisions of the Private  Securities  Litigation Reform Act of 1995. We wish to
advise  readers  that  actual  results  may  differ   substantially   from  such
forward-looking   statements.   Forward-looking  statements  involve  risks  and
uncertainties  that could cause actual results to differ  materially  from those
expressed in or implied by the  statements,  including,  but not limited to, the
following:  our ability to meet our cash and working capital needs,  our ability
to  successfully  market our product,  and other risks  detailed in our periodic
report filings with the Securities and Exchange Commission.

<PAGE>

Item 3.  Controls and Procedures

         As of the  end of the  period  covered  by  this  report,  the  Company
conducted an evaluation, under the supervision and with the participation of the
Chief Executive Officer and Chief Financial Officer, of the Company's disclosure
controls and procedures (as defined in Rules  13a-15(e) and 15d-15(e)  under the
Securities Exchange Act of 1934 (the "Exchange Act")). Based on this evaluation,
the Chief  Executive  Officer and Chief  Financial  Officer  concluded  that the
Company's  disclosure  controls  and  procedures  are  effective  to ensure that
information  required to be disclosed by the Company in reports that it files or
submits under the Exchange Act is recorded,  processed,  summarized and reported
within the time periods  specified in Securities and Exchange  Commission  rules
and forms.  There was no change in the Company's internal control over financial
reporting  during the Company's most recently  completed fiscal quarter that has
materially affected, or is reasonably likely to materially affect, the Company's
internal control over financial reporting.

PART II. OTHER INFORMATION

Item 6.  Exhibits and Reports on Form 8-K

         (a) The following  exhibits are filed with this Quarterly Report or are
incorporated herein by reference:

         Exhibit
         Number   Description
         ------   -----------

         31.01    Certification  pursuant to Rule  13a-14(a)  of the  Securities
                  Exchange Act of 1934.
         32.01    Certification  Pursuant to 18 U.S.C. Section 1350, as pursuant
                  to Section 906 of the Sarbanes-Oxley Act of 2002.

(b)      Reports on Form 8-K

                  During the quarter ended September 30, 2003, the Company filed
                  one Current  Report on Form 8-K on July 7th reporting  that KO
                  Ventures,  LLC had advised the Company that KO would not be in
                  a  position  to  continue  to  make  its  agreed   installment
                  investments in the Company's Common Stock.


<PAGE>

                                    SIGNATURE

         In accordance with the requirements of the Exchange Act, the Registrant
has duly  caused  this  Report to be signed  on its  behalf by the  undersigned,
thereunto duly authorized.

                                              THE PLAYERS NETWORK
                                              (Registrant)


                                              By: /s/ Mark Bradley
                                                  --------------------------
                                                  Mark Bradley,
                                                  Chief Executive Officer

                                              By: /s/ Seth Horn
                                                  --------------------------
                                                  Seth Horn,
                                                  Chief Financial Officer

Dated: November 5, 2003