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

                                    FORM 10-K
              ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURUTIES EXCHANGE ACT OF 1934

                    For the fiscal year ended March 31, 2009

                        Commission file number 333-151108


                           Maven Media Holdings, Inc.
             (Exact Name of Registrant as Specified in Its Charter)

           Delaware                                               26-2255797
(State or Other Jurisdiction of                               (I.R.S. Employer
 Incorporation or Organization)                              Identification No.)

                              1649 Dartmouth Street
                              Chula Vista, CA 91913
                  Telephone: (619) 866-6160 Fax: (509) 847-6160
      (Address of Principal Executive Offices, Zip Code & Telephone Number)

                                  With Copy to:
                       Law Office of Robert C. Weaver, Jr.
                                 721 Devon Court
                               San Diego, CA 92109
                   Telephone (858) 488-4433 Fax (858) 488-2555
            (Name, Address and Telephone Number of Agent for Service)

           Securities registered pursuant to Section 12(b) of the Act:
                                      None

           Securities registered pursuant to section 12(g) of the Act:
                        Common Stock, $0.0001 par value

Indicate by check mark if the registrant is a well-known seasoned issuer, as
defined in Rule 405 of the Securities Act. Yes [ ] No [X]

Indicate by check mark if the registrant is not required to file reports
pursuant to Section 13 or Section 15(d) of the Act Yes [ ] No [X]

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 [ ]

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [ ]

Indicate by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting company. See
the definitions of "large accelerated filer," "accelerated filer" and "smaller
reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer [ ]                        Accelerated filer [ ]
Non-accelerated filer   [ ]                        Smaller reporting company [X]
(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). Yes [X] No [ ]

As of March 31, 2009, the registrant had 3,000,000 shares of common stock issued
and outstanding. No market value has been computed based upon the fact that no
active trading market had been established as of March 31, 2009.
<PAGE>
                           MAVEN MEDIA HOLDINGS, INC.
                                TABLE OF CONTENTS

                                                                        Page No.
                                                                        --------

                                     Part I

Item 1.   Business                                                           3
Item 1A.  Risk Factors                                                      13
Item 2.   Properties                                                        15
Item 3.   Legal Proceedings                                                 15
Item 4.   Submission of Matters to a Vote of Securities Holders             15

                                     Part II

Item 5.   Market for Registrant's Common Equity, Related Stockholder
          Matters and Issuer Purchases of Equity Securities                 15
Item 7.   Management's Discussion and Analysis of Financial Condition
          and Results of Operations                                         16
Item 8.   Financial Statements and Supplementary Data                       19
Item 9.   Changes in and Disagreements with Accountants on Accounting
          and Financial Disclosure                                          33
Item 9A.  Controls and Procedures                                           33
Item 9B.  Other Information                                                 34

                                    Part III

Item 10.  Directors and Executive Officers                                  36
Item 11.  Executive Compensation                                            37
Item 12.  Security Ownership of Certain Beneficial Owners and Management
          and Related Stockholder Matters                                   38
Item 13.  Certain Relationships and Related Transactions                    38
Item 14.  Principal Accounting Fees and Services                            39

                                     Part IV

Item 15.  Exhibits                                                          39

Signatures                                                                  39

                                       2
<PAGE>
                                     PART I

           CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING INFORMATION

Maven Media has provided the following information concerning the company and
its business for inclusion in this quarterly report. This information contains
statements that constitute "forward looking statements" within the meaning of
the U.S. Private Securities Litigation Reform Act of 1995. Any statements that
express or involve discussions with respect to predictions, business strategy,
budgets, development opportunities or projects, the expected timing of
transactions or their expectations, beliefs, plans, objectives, assumptions or
future events or performance are not statements of historical fact and may be
"forward-looking statements". Forward-looking statements are based on
expectations, estimates and projections at the time the statements are made that
involve a number of known and unknown risks and uncertainties which could cause
actual results or events to differ materially from those anticipated by Maven
Media Holdings.

ITEM 1. BUSINESS

GENERAL INFORMATION

Maven Media Holdings, Inc. is a development stage company, incorporated on March
11, 2008 in the State of Delaware to enter into the royalty-free stock image
online sales industry. (Royalty-free stock content (photography, video,
illustration and sound loops) is content that can be acquired through a
"one-time license" fee, which gives the purchaser the right to use according to
the terms of the license.) The company has focused their efforts on creating an
affiliate-based website, branded "MavenStock.com" where the company's visual
media content is available for viewing, purchasing and downloading. The company
has been attempting to solicit its photographic originals from photographers and
content developers and create an inventory of stock images available for visual
content users.

To date, the company's operations have been limited to researching our
e-commerce business model and software systems. To date, we have generated no
revenues from our operations.

Adrienne Humphreys has served as officer and director of our company from
inception (March 11, 2008) to the current date. No other person other than Ms.
Humphreys has acted as a promoter of Maven Media Holdings, Inc. since our
inception. Other than Ms. Humphrey's purchase of 2,000,000 shares of our common
stock on March 31, 2008, Ms. Humphreys has not entered into any agreement with
us in which she is to receive from us or provide to us anything of value. Ms.
Humphreys purchased the 2,000,000 shares of our common stock at a price of $.005
per share for a total of $10,000.

Our principal executive office is located at the premises of our President,
Adrienne Humphreys, which she provides to us on a rent free basis at 1649
Dartmouth Street, Chula Vista, CA 91913. We plan to use these offices until we
require larger space.

We are a development stage company with no revenues or profits. Our fiscal year
end is March 31st. We have been issued an opinion by our auditor that raises
substantial doubt about our ability to continue as a going concern based on our
current financial position.

We have a total of 80,000,000 authorized common shares with a par value of
$0.0001 per share with 3,000,000 common shares issued and outstanding as of
March 31, 2009.

                                       3
<PAGE>
INDUSTRY BACKGROUND

The visual content industry supplies images to a varied and growing customer
base, ranging from individual consumers to major multi-national corporations.
Images are used to communicate messages in a wide variety of applications
including print, electronic and broadcast advertising, direct mail and marketing
brochures, educational and training publications, books, magazines, newspapers,
corporate communications and annual reports, motion pictures, broadcasting,
CD-ROM products, sties on the World Wide Web (the "Web" or the "Internet"),
other on-line uses, sales and in-house presentations and various consumer uses.

PRODUCT DESCRIPTION

MavenStock.com will feature an independent collection of royalty-free images and
digital content available for purchase and immediate download for use in the
development of creative production services and other end-use applications. The
content to be available for purchase through the company's website, will include
photographs, video and vector illustrations.

Maven Media will focus on developing an online stock image transaction service.
It is similar to other online stock image agency websites in that it will have
the capabilities for corporations and other online usage buyers to purchase
image usage rights online and to take digital delivery of the image
electronically.

We will offer a "Content Contribution Agreement" which will allow the
photographer/content contributor to retain full control and rights of their
photographs or digital content produced while extending MavenStock.com the right
to indefinitely market, feature and resale the content on the company's website.

Maven Media plans to compensate all contributing photographers and content
developers with fees from purchased images/content from MavenStock.com. In
addition to soliciting images from independent photographers and content
developers, MavenStock.com plans to produce content and special collections for
sale and would retain full exclusive rights from all content produced in-house.

FEATURE AND FUNCTIONALITY FOR MAVENSTOCK.COM

Maven Media's website will be an online marketplace that supports a community of
buyers and sellers of affordable royalty-free stock photography and digital
content. The site will feature tools and detailed search capabilities that will
allow for quick search, discovery and purchase of digital content. Content
contributors will be able to access their individual accounts on our secure
servers and manage all account activity from uploading and cataloging images to
financial summary details of their sold/purchased images and basic
administration information. MavenStock.com's website will host a variety of
features for photographers and content developers as well as visual content
users.

     -   New Member Account Set-Up

     -   Member Login

     -   Image Search

     -   Advanced Search

     -   Browse Categories

     -   Detailed Search Results

     -   Detailed Roll Over Previews

                                       4
<PAGE>
     -   Detailed Image/Content Information Page

     -   Download a Composite Placeholder Image

     -   Lightbox Feature

     -   Download Image/Online Shopping Cart

     -   Secure Checkout

     -   Download of Purchased Image/Content

     -   Account Manager

     -   Image Upload Control Panel

     -   Image Quality Screening and Approval

     -   Agreements of Copyright and Model/Property Release Clearance

     -   Support and FAQ

NEW MEMBER ACCOUNT SET-UP

MavenStock.com will be available for searching and browsing of images without
requiring viewers to login. However, certain sections and features of the site
will require its users to be logged in, in order to use. During the registration
process the user will need to provide pertinent information to efficiently
manage their membership. We will require each member, regardless if they are a
content contributor, content purchaser or both, to fill out a form that provides
all contact information and desired account username and password. After they
submit all required information they will be asked to agree to the site usage
and terms by selecting `I Agree" link and then their new account will be
generated and activated on the website. We will then ask the user at this time
if they wish to be a content contributing member to the site. If they select
`Yes," the link will direct them to the content contributor section of the site.
If they say "No," they will be directed to the homepage of MavenStock.com, where
they can proceed to search, browse and purchase images. The new member will be
notified by an automated email response welcoming them to MavenStock.com and
informing them of important account information.

MEMBER LOGIN

The member login panel will allow existing site members to quickly login with a
username and password of their choice as defined in the account set-up process.
The member login feature will be available on every page to allow for quick and
easy entry into the site's special features. Users will be required to be
logged-in if they use the "Lightbox", "Purchase & Download", and "Content
Upload" features. Members will be able to retrieve forgotten username and
passwords through an automated email replay system.

IMAGE SEARCH

An easy to use search field will be displayed in a prominent section on the
website allowing for quick and easy image searches. Searches on MavenStock.com
will be conducted using keyword(s). The more detailed the keyword(s) used in the
search field, the more focused the search results will become. The user will
also be able to narrow the type of content searched by activating or
deactivating the check boxes for "Images", "Videos" and "Illustrations". The
image search feature will be available on every page for quick and easy search
capabilities.

                                       5
<PAGE>
ADVANCED SEARCH

The advanced search section of our website will allow users to apply additional
search filters to help focus or broaden their search parameters. The advanced
search filters will include the standard keyword(s) search option as well as
additional filters such as:" Image Orientation" (Horizontal, Vertical,
Panoramic, and Square), "Image Style" (Color and Black & White), "Member name",
"Image Number", "Video Resolution" (HD-High Definition, SD-Standard Definition,
and WD-Web Definition) and "Video Format" (NTSC or PAL).

BROWSE CATEGORIES

Image researches unsure of what they are looking for can browse images based on
general categories that MavenStock.com will catalog, allowing for quick browsing
of a general category such as "nature" or "Business". We will plan to identify
at least 25-30 mainstream categories available for viewing in our "Browse
Categories" section on the website.

DETAILED SEARCH RESULTS

Upon a user successfully entering a single or several keyword(s) into a search
field and submitting a search query, the MavenStock.com server will return all
available images and content cataloged with that exact or relative keyword. If
the system does not recognize a keyword or recognizes several unique references
to a particular keyword, the server will prompt the user to refine their search
parameters or select the unique reference that's relevant to their search.
(Example: If a site user searches for "Urban" a unique reference query may be
activated and ask the user to narrow the search results by offering the choices
of `Urban: City" or "Urban: Lifestyle".

Once a successful search returns results, the content will be organized into a
grid type format, allowing for easy viewing. A small graphical thumbnail preview
of all the images relevant to the search query will be displayed so the user can
quickly scan and glance at a large amount of content relatively quickly making
image researching highly productive and efficient on MavenStock.com.

While researching images and content users will be able to send photos they like
to a custom lightbox for later review or send directly to their online shopping
cart for purchase.

DETAILED ROLL-OVER PREVIEW

One of MavenStock.com's productivity features will include a hovering detailed
image roll-over window, allowing the user to see a medium-sized watermarked
graphical thumbnail of the highlighted content. The user would initiate this
feature by hovering the computer mouse over the graphical area of any small
image thumbnail on any search results page.

DETAILED IMAGE / CONTENT INFORMATION PAGE

The detailed image page will feature a comprehensive set of information and
features. The main attribute of this page is a medium-sized watermarked preview
of the image selected from the search results page. Here the user may purchase
the image at various sizes and dpi resolutions. The price of the image will vary
based on the final size and resolution selected. Our estimated prices of the
royalty-free stock images featured on MavenStock.com will be in the range of $5
- $50 per image.

Also displayed on this page will be the standard file details, including:
Contributing member username, image number, number times the particular image
has been downloaded, additional license information (example: "Extended
License"), date the image was uploaded to MavenStock.com's server, photographer
copyright information, image rating and the contributor's description of the
image or file.

                                       6
<PAGE>
There will be additional features available on this page as well including a
link to view the contributing member's library, which allows a site user to
explore and view all available images from a particular
photographer/contributor. "Email this page to a friend" feature, will allow a
designer or production artist to send links to an associate or client that will
allow them to access and preview a specific page and image on MavenStock.com
without having to perform a search.

The production tools that will round off the "Detailed Image Information Page"
will include a link to "Add Image to a "Lightbox" and "Download a Comp" feature.
If the user is logged in they will have the option to rate the image with an
overall scale between 1 and 5.

DOWNLOAD A COMP

The "Download a Comp" function will allow any member who is logged into the
system the ability to download a low-resolution watermarked image suitable as a
placeholder in any design comps or markup. This provides the end user the
ability to preview a low-resolution watermarked image in their design comps or
applied application prior to committing to purchasing the image.

CUSTOM LIGHTBOX FEATURE

The lighbox feature will allow all logged in members the ability to save any
thumbnail image or content file into a custom lightbox. This provides the "Image
and Content Researcher" a valuable tool because it allows the user to save small
thumbnails and quick links to images of their liking. A lightbox makes for quick
and easy retrievals of past custom searches and saved images. Members will have
full control of their personal lightboxes and will be able to manage, and delete
all searches and saved images.

IMAGE SHOPPING CART / SECURE ONLINE PAYMENT / IMAGE DOWNLOAD

Once a site visitor finds an image they wish to purchase they must select the
image size/resolution and usage rights they would like to purchase. Once
selected, they will be directed to a secure online payment transaction page that
will allow them to enter their credit card and billing information. The user
will be able to purchase a single image and multiple images in one transaction.
Once the credit card has been verified by an authorized payment-processing
center, the user will be able to download all purchased content and image(s). We
will allow the member to download all purchased content within a 24 hour period.
If the user doesn't download the content within that time, they will need to
repurchase the image again.

ACCOUNT MANGER

The account manager will be an automated feature on MavenStock.com's website and
will be a collection of control panels that will allow users to update important
contact information and passwords, review past downloads and receipts of
purchased images, image upload, cataloging and earnings details.

The CONTACT PANEL will display all information provided during the initial
account set-up. Most info will be modifiable including passwords, addresses,
phone, fax, email, business name and web address.

The DOWNLOAD PANEL will allow users to review all past images purchased. The
content displayed here will be a small thumbnail and information captured during
the purchase transaction. Some of the information that may be available will
include size and resolution of original image downloaded, date and amount of
image purchased along with a link to the creator's portfolio.

The RECEIPT PANEL will allow users to view all past purchase receipts. A sort
filter will allow the users to isolate receipts quickly from a certain time
period or project ID assigned to the original purchase. This will provide a
useful tool to creative professionals alike when it comes to tracking expenses
associated with design development and production.

                                       7
<PAGE>
The UPLOAD PANEL provides any member the ability to upload content quickly and
efficiently to MavenStock.com. The photographer will be able to upload batch
files using a web-browser based ftp utility. Once the images are uploaded and
stored in the photographer's image queue, they will need to catalog the image(s)
with detailed keywords. The more detailed the keywords used in the description
of the image, the better the search results. During the cataloging phase the
photographer will need to attach any model and/or property release agreements
associated with the image.

Once an image has been uploaded and cataloged correctly, the image will need to
be submitted to our review department. During the submittal process the
photographer will need to agree to MavenStock.com's site agreement.

When an image is approved by MavenStock.com, an automated message will be sent
to the contributor, informing them the image is now available for purchase on
the website. If an image is declined an automated message will inform the
contributor why the image was not accepted. MavenStock.com will always have the
right to refuse or deny any content that we feel is unsuitable or inappropriate.
Not all images uploaded will be guaranteed to be added to the website. We will
attempt to explain why the image is being rejected and suggest how to correct
the image for possible re-submittal. This will be achieved by a set of
predefined remarks and parameters that the reviewer can select before declining
an image. Those remarks will be passed along within the automated rejection
message. The contributor will have the opportunity to make any suggested edits
and then resubmit the image at their discretion.

The EARNINGS PANEL will allow members to review detailed earnings information
regarding their content available on MavenStock.com. The photographer will be
able to see at a glance what their total earnings are since joining
MavenStock.com and current balance due from purchased images. At the end of
every month, an account summary will be sent via email to all content
contributing members notifying them of the current balance-due. The content
contributor can request payment at anytime by selecting the "request payment"
button in the control panel interface. To keep processing fees to a minimum, we
will require a minimum account balance of $100 or more before payment
disbursement. If funds are totaling less than $100, they can request funds but
may be subject to a processing fee.

SUPPORT AND FAQ

The support and FAQ section of MavenStock.com will provide contact information
for technical and general business inquiries. We plan to have test users and
focus groups provide us with general questions they have about the site. We plan
to feature these questions on our site in a "Frequently Asked Questions"
section.

REVENUE MODEL

MavenStock.com is a royalty-free image transactional website, where it sells
visual content to various industries. The company shares the revenue with
contributing photographers or content producers at various rates. The following
is a categorized revenue model for MavenStock.com:

CONTRIBUTING PHOTOGRAPHER AND CONTENT DEVELOPER:

The contributing photographer and content developer will receive a royalty for
each image that sells on the MavenStock.com website. When the contributing
member reaches a minimum balance they will be able to request payment through
their account management tool on the website. There are no annual or hidden fees
for members.

                                       8
<PAGE>
The estimated royalty rate paid to a contributing photographer or content
developer will range based on the amount of content they have contributed to the
MavenStock.com website. There are no minimum upload requirements when signing up
as a contributing member on MavenStock.com.

However, the more images a photographer has posted on Mavenstock.com, the better
the chance of realizing a sale and benefiting from joining MavenStock.com. The
following is the company's estimated royalty rates that will be offered to
contributing members.

                     Royalty Rates for Contributing Members
                  (Rates and requirements subject to change.)

    Royalty Rate                             Content Requirements
    ------------                             --------------------

        35%                   1 - 200 Images Uploaded, Approved & Listed on the
(65% for MavenStock)                       MavenStock.com website.

        40%                  201 - 500 Images Uploaded, Approved & Listed on the
(60% for MavenStock)                       MavenStock.com website.

        45%                    501 - 999 Images Uploaded, Approved & Listed on
(55% for MavenStock)                       MavenStock.com website.

        50%                    1,000+ Images Uploaded, Approved & Listed on the
(50% for MavenStock)                       MavenStock.com website.

MAVENSTOCK.COM OWNED IMAGES:

To build additional value for the company, MavenStock.com will be producing and
developing their own visual content available for sale on the company's website.
Content created by the company and/or under contract for MavenStock.com,
resulting in the company retaining 100% of the sale price when the image is
purchased. This will also build an inherent value because these images will only
be available exclusively at MavenStock.com. These collections can later be
contracted out to other stock photography websites and collections.

VISUAL CONTENT PURCHASES:

When an image is purchased from the MavenStock.com website and downloaded from
the server, an ecommerce transaction is produced and completed. The following is
the estimated content purchase fee schedule:

             Photographs & Illustrations (Prices subject to change.)

     Price Per Image                        Image Size/Resolution
     ---------------                        ---------------------

         $ 5                                Extra Small Image Size
                                           Web Resolution - 72 DPI

         $10                                   Small Image Size
                                           Web Resolution - 72 DPI

                                       9
<PAGE>
         $20                                  Medium Image Size
                                          Print Resolution - 300 DPI

         $25                                   Large Image Size
                                          Print Resolution - 300 DPI

         $35                                Extra Large Image Size
                                          Print Resolution - 300 DPI

                    Motion & Film (Prices subject to change.)

      Price Per Clip                        Image Size/Resolution
      --------------                        ---------------------

         $10                                     240 x 180

         $15                                     320 x 240

         $30                                     NTSC / PAL

         $40                                       720 HD

         $50                                      1080 HD

MARKETING

The internet product and services industry has developed some time tested
marketing techniques that are still valid in today's market environment.
Internet marketing can be very cost effective in branding a product to a very
large audience. These techniques include non-spam direct email initiatives,
registration with well-established industry-wide search engines and reciprocal
marketing arrangements with similar websites.

Maven Media had plans to promote the awareness of its MavenStock.com's website
through a marketing plan for photographers, content developers and visual
content users that will consist of the following components:

     -    Internet Search Placement & Registration

     -    Direct Mail

     -    Banner Advertising

     -    Email Advertising

     -    Professional Associations & Sponsorships

INTERNET SEARCH PLACEMENT & REGISTRATION

MavenStock.com plans to advertise and register with all major search engines
including Google and Yahoo. We will attempt to purchase top placement for search
results related to "royalty-free stock images". In addition we will tag our
website with related keywords so we will appear predominately in standard
searches as well.

                                       10
<PAGE>
FOR PHOTOGRAPHERS AND CONTENT DEVELOPERS:

     DIRECT MAIL

     Our plan is to create a monthly direct mail marketing campaign targeted
     toward photographers and content developers, where we mail out a monthly
     oversized postcard with a branded message that we anticipate will attract
     photographers to the site, which in turn could lead to submission of images
     to our database.

     BANNER ADVERTISING

     We plan to identify, design and place several banner ads on popular
     photographic and other industry related websites advertising our "Call for
     Entries". The banner ad will allow users to click-through to a specific
     landing page on our website.

     EMAIL ADVERTISING

     We plan to produce an email newsletter that will be sent to registered
     members of MavenStock.com. In addition, we plan to purchase several lists
     of email addresses from industry related publications and specialty website
     (non-spam). Recipients of these emails can opt out at anytime by selecting
     the appropriate link in the body of the email.

     PROFESSIONAL ASSOCIATIONS & SPONSORSHIPS

     We plan to work at establishing relationships with several professional
     photography associations and market our services to their members. We will
     create special incentives to entice their members to join our contributor
     program. We may also sponsor certain events and functions with these
     alliance associations to further our brand awareness.

FOR VISUAL CONTENT USERS:

     DIRECT MAIL

     Our plan is to create a quarterly direct mail marketing campaign targeted
     toward visual content purchasers (art directors, graphic designers). We
     plan to mail out a quarterly pocket size calendar and postcard with a
     branded message that we anticipate will attract visual content customers to
     the site, which in turn could lead to the purchase of images contained in
     our database.

     BANNER ADVERTISING

     Our company plans to identify and place several banner ads on popular
     creative resource websites, advertising our collection of affordable
     "Royalty Free Images". The banner ad will allow users to click-through to a
     specific landing page on our website to begin their image or content
     search.

     PROFESSIONAL ASSOCIATIONS & SPONSORSHIPS

     We plan to work at establishing relationships with several professional
     creative and design associations and market our services to their members.
     We may also sponsor certain events and functions with these alliance
     associations to further our brand awareness.

                                       11
<PAGE>
DISTRIBUTION METHODS

Maven Media plans to market to photographers and visual content developers
(illustrators, graphic designers, animators and cinematographers and other
visual artists) to seek inventory for sales to visual content users (advertising
companies, art directors and graphic designers).

STATUS OF ANY PUBLICLY ANNOUNCED NEW PRODUCTS

We have not publicly announced any new products.

COMPETITION

We expect to face significant competition in the stock content media industry.
This would include larger stock content media companies such as Gettyimages.com
and istockphoto.com who have greater financial, marketing and other resources,
as well as more experience in the stock content media industry.

We cannot guarantee that we will be able to compete effectively and because we
have not yet begun operations we do not have a competitive position relative to
these other companies. Our competitors include gettyimages.com, istockphoto.com
and snapvillage.com. Our operations and our ability to generate revenues will be
harmed if we are unable to establish a reputation as a provider of quality
royalty-free stock content.

SOURCES AND AVAILABILITY OF PRODUCTS

The Company has identified numerous photographers, illustrators, graphic
designers, animators, cinematographers and other visual artists who will be
contacted to supply content for MavenStock images. We anticipate utilizing many
different sources of royalty-free stock content to add to our library of stock
media images.

DEPENDENCE ON ONE OR A FEW MAJOR CUSTOMERS

We feel that because of the potential wide base of customers for our services,
we will not rely on one or few major customers.

PATENTS AND TRADEMARKS

We do not own, either legally or beneficially, any patents or trademarks.

NEED FOR ANY GOVERNMENT APPROVAL OF PRINCIPAL PRODUCTS

We are not required to apply for or have any government approval for our product
or service.

GOVERNMENT AND INDUSTRY REGULATION

We will be subject to federal laws and regulations that relate directly or
indirectly to our operations including securities laws. We will also be subject
to common business and tax rules and regulations pertaining to the operation of
our business.

RESEARCH AND DEVELOPMENT EXPENDITURES

Other than time spent researching our proposed business we have not spent any
funds on research and development activities to date. We do not currently plan
to spend any funds on research and development activities in the future.

                                       12
<PAGE>
ENVIRONMENTAL LAWS

Our operations are not subject to any environmental laws.

REPORTS TO SECURITY HOLDERS

We will voluntarily make available an annual report including audited financials
on Form 10-K to security holders. We will file the necessary reports with the
SEC pursuant to the Exchange Act, including but not limited to, the report on
Form 8-K, annual reports on Form 10-K, and quarterly reports on Form 10-Q.

The public may read and copy any materials filed with the SEC at the SEC's
Public Reference Room at 100 F Street NE, Washington, DC 20549. The public may
obtain information on the operation of the Public Reference Room by calling the
SEC at 1-800-SEC-0330. The SEC maintains an Internet site that contains reports,
proxy and information statements, and other electronic information regarding
Maven Media Holdings and filed with the SEC at http://www.sec.gov.

ITEM 1A. RISK FACTORS

WE ARE A DEVELOPMENT STAGE COMPANY AND HAVE NO OPERATING HISTORY OR GENERATED
ANY REVENUES. AN INVESTMENT IN THE SHARES OFFERED HEREIN IS HIGHLY RISKY AND
COULD RESULT IN A COMPLETE LOSS OF YOUR INVESTMENT IF WE ARE UNSUCCESSFUL IN OUR
BUSINESS PLAN.

Maven Media Holdings, Inc. was incorporated March 11, 2008 and we have only
recently commenced our business operations, and we have not yet realized any
revenues. We have no operating history upon which an evaluation of our future
prospects can be made. Based upon current plans, we expect to incur operating
losses in future periods as we incur expenses associated with the initial
startup of our business. Further, we cannot guarantee that we will be successful
in realizing revenues or in achieving or sustaining positive cash flow at any
time in the future. Any such failure could result in the possible closure of our
business or force us to seek additional capital through loans or additional
sales of our equity securities to continue business operations, which would
dilute the value of any shares you purchase.

ADRIENNE HUMPHREYS, OUR SOLE OFFICER AND DIRECTOR OF THE COMPANY, CURRENTLY
DEVOTES APPROXIMATELY 10 HOURS PER WEEK TO COMPANY MATTERS. SHE IS INVOLVED IN
OTHER BUSINESS ACTIVITIES WHICH COULD RESULT IN A POSSIBLE CONFLICT OF INTEREST.
THE COMPANY'S NEEDS COULD EXCEED THE AMOUNT OF TIME OR LEVEL OF EXPERIENCE SHE
MAY HAVE. THIS COULD RESULT IN HER INABILITY TO PROPERLY MANAGE COMPANY AFFAIRS,
RESULTING IN OUR REMAINING A START-UP COMPANY WITH NO REVENUES OR PROFITS.

Our business plan does not provide for the hiring of any additional employees
until sales will support the expense. Until that time the responsibility of
developing the company's business and fulfilling the reporting requirements of a
public company all fall upon Adrienne Humphreys. We have not formulated a plan
to resolve any possible conflict of interest with her other business activities.
In the event she is unable to fulfill any aspect of her duties to the company we
may experience a shortfall or complete lack of sales resulting in little or no
profits and eventual closure of the business.

WE DO NOT YET HAVE ANY SUBSTANTIAL ASSETS AND ARE TOTALLY DEPENDENT UPON FUTURE
REVENUES TO FUND OUR BUSINESS. IF WE DO NOT GENERATE REVENUE, WE WILL HAVE TO
SEEK ALTERNATIVE FINANCING TO CONTINUE OUR BUSINESS PLANS OR ABANDON THEM.

                                       13
<PAGE>
The only cash currently available is our $20,504 cash in the bank. In the event
we do not generate revenue from our business there can be no assurance that we
would be able to raise the additional funding needed to continue our business
plans or that unanticipated costs will not increase our projected expenses for
the coming year. Our auditors have expressed substantial doubt as to our ability
to continue as a going concern.

OUR CONTINUED OPERATIONS DEPEND ON THE DIGITAL CONTENT PROVIDERS AND DEVELOPERS'
ACCEPTANCE OF OUR DIGITAL CONTENT POLICY. IF THEY DO NOT CONTRIBUTE ROYALTY-FREE
MEDIA CONTENT, WE CANNOT ESTABLISH A CUSTOMER BASE, WE MAY NOT BE ABLE TO
GENERATE ANY REVENUES, WHICH WOULD RESULT IN A FAILURE OF OUR BUSINESS AND A
LOSS OF ANY INVESTMENT YOU MAKE IN OUR SHARES

The ability to develop an inventory of royalty-free stock images and media
content as well as locating customers willing to purchase our visual content is
critically important to our success. (Royalty-free stock content (photography,
video, illustration and sound loops) is content that can be acquired through a
"one-time license" fee, which gives the purchaser the right to use according to
the terms of the license.) We cannot be certain that a demand for our content
media will ever develop and we may never realize any revenues. In addition,
there are no assurances that if we make alterations to services we provide, our
company will be successful in increasing sales and this could adversely affect
our business and any possible revenues.

THE LOSS OF ADRIENNE HUMPHREYS COULD SEVERELY IMPACT OUR BUSINESS OPERATIONS AND
FUTURE DEVELOPMENT OF OUR SERVICES, WHICH COULD RESULT IN A LOSS OF REVENUES.

Our performance is substantially dependent upon the professional expertise of
our President, Adrienne Humphreys. Ms. Humphreys has extensive contacts and
experience in the digital media industry and we are dependent on her ability to
develop and market our services. If she were unable to perform her services,
this loss could have an adverse effect on our business operations, financial
condition and operating results if we are unable to replace her with another
individual qualified to develop and market our digital services. The loss of her
services could result in a loss of revenues, which could result in a reduction
of the value of our shares.

THE ROYALTY-FREE STOCK PHOTOGRAPHIC CONTENT INDUSTRY IS HIGHLY COMPETITIVE. IF
WE CANNOT DEVELOP AND MARKET CONTENT IMAGES THAT THE CREATIVE PROFESSIONAL IS
WILLING TO PURCHASE, WE WILL NOT BE ABLE TO COMPETE SUCCESSFULLY, AND OUR
BUSINESS MAY BE ADVERSELY AFFECTED AND WE MAY NEVER BE ABLE TO GENERATE ANY
REVENUES.

The royalty-free stock photographic content industry is intensely competitive.
We will compete against a number of larger well-established companies with
greater name recognition, a more comprehensive offering of services, and with
substantially larger resources than ours; including financial and marketing. In
addition to these large competitors there are numerous smaller operations that
have developed and are marketing digital stock content. Our competitors include,
by way of example, gettyimages.com, istockphoto.com and veer.com. If we cannot
successfully compete in this highly competitive industry, we may never be able
to generate revenues or become profitable.

THERE ARE NO SUBSTANTIAL BARRIERS OF ENTRY INTO THE ROYALTY-FREE STOCK
PHOTOGRAPHIC CONTENT INDUSTRY AND BECAUSE WE DO NOT CURRENTLY HAVE ANY PATENT OR
TRADEMARK PROTECTION FOR OUR PROPOSED SERVICES, THERE IS NO GUARANTEE SOMEONE
ELSE WILL NOT DUPLICATE OUR IDEAS AND BRING THEM TO MARKET BEFORE WE DO, WHICH
COULD SEVERELY LIMIT OUR PROPOSED SALES AND REVENUES.

We believe our stock photographic content services are unique and desirable;
however, we currently have no patents or trademarks for our services or brand
name. As business operations become established, we may seek such protection;
however, we currently have no plans to do so. Since we have no patent or
trademark rights unauthorized persons may attempt to copy aspects of our
business, including our web site design or functionality, end user license

                                       14
<PAGE>
agreement or marketing materials. Any encroachment upon our corporate
information, including the unauthorized use of our brand name, the use of a
similar name by a competing company or a lawsuit initiated against us for
infringement upon another company's proprietary information or improper use of
their trademark, may affect our ability to create brand name recognition, cause
customer confusion and/or have a detrimental effect on our business. Litigation
or proceedings before the U.S. or International Patent and Trademark Offices may
be necessary in the future to enforce our intellectual property rights, to
protect our trade secrets and domain name and/or determine the validity and
scope of the proprietary rights of others. Any such infringement, litigation or
adverse proceeding could result in substantial costs and diversion of resources
and could seriously harm our business operations and/or results of operations.

ITEM 2. PROPERTIES

We currently do not own any physical property or own any real property. We
currently utilize space provided to us on a rent free basis from our officer and
director, Adrienne Humphreys, at 1649 Dartmouth Street, Chula Vista, CA 91913.
Management believes the current premises are sufficient for its needs at this
time.

We do not have any investments or interests in any real estate. We do not invest
in real estate mortgages, nor do we invest in securities of, or interests in,
persons primarily engaged in real estate activities.

ITEM 3. LEGAL PROCEEDINGS

We are not currently involved in any legal proceedings nor do we have any
knowledge of any threatened litigation.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

No matters were submitted to a vote of security holders during the fiscal year
ended March 31, 2009.

                                     PART II

ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

On September 19, 2008 our common stock was listed for trading on the OTC
Bulletin Board under the symbol MVMH. There has been no active trading market
established as of the March 31, 2009.

As of March 31, 2009, we have 3,000,000 shares of $0.0001 par value common stock
issued and outstanding held by 26 shareholders of record.

The stock transfer agent for our securities is Signature Stock Transfer, 2632
Coachlight Court, Plano, TX.

DIVIDENDS

We have never declared or paid any cash dividends on our common stock. For the
foreseeable future, we intend to retain any earnings to finance the development
and expansion of our business, and we do not anticipate paying any cash
dividends on our common stock. Any future determination to pay dividends will be
at the discretion of the Board of Directors and will be dependent upon then
existing conditions, including our financial condition and results of

                                       15
<PAGE>
operations, capital requirements, contractual restrictions, business prospects,
and other factors that the board of directors considers relevant.

SECTION RULE 15(g) OF THE SECURITIES EXCHANGE ACT OF 1934

The Company's shares are covered by Section 15(g) of the Securities Exchange Act
of 1934, as amended that imposes additional sales practice requirements on
broker/dealers who sell such securities to persons other than established
customers and accredited investors (generally institutions with assets in excess
of $5,000,000 or individuals with net worth in excess of $1,000,000 or annual
income exceeding $200,000 or $300,000 jointly with their spouses). For
transactions covered by the Rule, the broker/dealer must make a special
suitability determination for the purchase and have received the purchaser's
written agreement to the transaction prior to the sale. Consequently, the Rule
may affect the ability of broker/dealers to sell our securities and also may
affect your ability to sell your shares in the secondary market.

Section 15(g) also imposes additional sales practice requirements on
broker/dealers who sell penny securities. These rules require a one page summary
of certain essential items. The items include the risk of investing in penny
stocks in both public offerings and secondary marketing; terms important to in
understanding of the function of the penny stock market, such as "bid" and
"offer" quotes, a dealers "spread" and broker/dealer compensation; the
broker/dealer compensation, the broker/dealers duties to its customers,
including the disclosures required by any other penny stock disclosure rules;
the customers rights and remedies in causes of fraud in penny stock
transactions; and, FINRA's toll free telephone number and the central number of
the North American Administrators Association, for information on the
disciplinary history of broker/dealers and their associated persons.

SECURITIES AUTHORIZED FOR ISSUANCE UNDER EQUITY COMPENSATION PLANS

We do not have any equity compensation plans and accordingly we have no
securities authorized for issuance there under.

PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS

We did not purchase any of our shares of common stock or other securities during
the year ended March 31, 2009.

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
        OF OPERATIONS

Results of Operations

We have generated no revenues since inception and have incurred $19,996 in
expenses through March 31, 2009.

The following table provides selected financial data about our company for the
year ended March 31, 2009 and 2008.

             Balance Sheet Data:           3/31/09          3/31/08
             -------------------           -------          -------

             Cash                          $20,504          $10,500
             Total assets                  $20,504          $10,500
             Total liabilities             $   500              500
             Shareholders' equity          $20,004          $10,000

                                       16
<PAGE>
On March 31, 2008 Ms. Humphreys purchased the 2,000,000 shares of our common
stock at a price of $.005 per share for a total of $10,000. On July 16, 2008 we
closed our offering of 1,000,000 shares pursuant to our registration statement
on Form S-1, which became effective on May 22, 2008. On July 16, 2008 we sold
1,000,000 shares of our par value $0.0001 common stock to a group of 25
investors for total proceeds of $30,000.

 We incurred operating expenses of $19,996 and $0 for the years ended March 31,
2009 and 2008, respectively. These expenses consisted of general operating
expenses incurred in connection with the day to day operation of our business.

LIQUIDITY AND CAPITAL RESOURCES

Our cash in the bank at March 31, 2009 was $20,504, total assets were $20,504
and outstanding liabilities were $500. Our director has agreed to provide
additional funding that will enable us to maintain a positive cash flow needed
to pay for our current level of operating expenses over the next twelve months,
which would include miscellaneous office expenses, bookkeeping and audit fees.
There are no formal commitments or arrangements with our director to advance or
loan funds. We are a development stage company and have generated no revenue to
date. We estimate our current cash balance of $20,504 will be sufficient for the
next twelve months.

OFF-BALANCE SHEET ARRANGEMENTS

We have no off-balance sheet arrangements.

PROPOSED MILESTONES TO IMPLEMENT BUSINESS OPERATIONS

The following milestones are estimates only. The working capital requirements
and the projected milestones are approximations only and subject to adjustment
based on costs and needs. Our 12 month budget is based on minimum operations
which will be completely funded by the $30,000 raised through our offering. If
we begin to generate profits we will increase our sales activity accordingly.
While we have been vigorously pursuing our business plan we are not having
positive feedback from the photographers we have been contacting and we may no
longer be able to continue with our business operations as detailed in our
original business plan because of a lack of financial results and a lack of
available financial resources.

While we have continued to pursue our original business plan management has
begun looking for other potential business opportunities that might be available
to the Company. Our management is analyzing various alternatives available to
our Company to ensure our survival and to preserve our shareholder's investment
in our common shares. We can make no assurances that we will be able to identify
such a business opportunity or complete such a transaction.

Because our business is client-driven, our revenue requirements will be reviewed
and adjusted based on sales. The costs associated with operating as a public
company are included in our budget. Management will be responsible for the
preparation of the required documents to keep the costs to a minimum. We plan to
complete our milestones as follows:

APRIL - JUNE, 2009

Continue development of MavenStock.com's stock photography content contributor
website and database. The company is estimating beta testing will begin late in
the quarter and could expand into the 4th Quarter depending on certain variances

                                       17
<PAGE>
that could arise during development. Expand our `royalty-free" database by
gathering and compiling stock photography along with video footage to add to the
database library. This consists of going on photo shoots and creating content to
upload to the website. Begin to compile a detailed contact list of targeted
photographers and content contributors.
(Cost estimate - $2,000)

JULY - SEPTEMBER, 2009

Plans for this quarter include continuing the beta testing for the contributor
website and database. Continue to upload stock photography and video footage to
the contributor site. Develop a creative marketing campaign and market the
contributor site and MavenStock.com's assisted sales service to professional and
amateur photographers. Begin the design and site layout for the public resale
side of MavenStock.com website.
(Cost estimate - $3,500)

OCTOBER - DECEMBER, 2009

Complete public resale design interface and begin programming the e-commerce
services of the website. Continue with the marketing campaign targeting
professional and amateur photographers in an effort to promote MavenStock.com's
assisted sales services. Seek and establish association with several
professional photography associations as well as professional creative and
design associations for marketing Maven Media's services to their members.
(Cost estimate - $4,000)

JANUARY - MARCH, 2010

Beta test the public resale features and begin offering our collection of stock
photography and other royalty-free media for sale to the general public. Design
a direct mail marketing piece to visual content purchasers (art directors,
graphic designers). Continue monthly direct mail marketing campaign to
photographers and content developers. Begin monthly direct mail marketing
campaign targeting visual content purchases (art directors, graphic designers).
Launch the resale side of MavenStock.com's website.
(Cost Estimate - $4,500)

Total $14,000

                                       18
<PAGE>
ITEM 8. FINANCIAL STATEMENTS


MOORE & ASSOCIATES, CHARTERED
  ACCOUNTANTS AND ADVISORS
     PCAOB REGISTERED


             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors
Maven Media Holdings, Inc.
(A Development Stage Company)

We have audited the accompanying balance sheets of Maven Media Holdings, Inc. (A
Development  Stage  Company)  as of March 31, 2009 and March 31,  2008,  and the
related  statements of operations,  stockholders'  equity and cash flows for the
years ended March 31, 2009 and the period since inception March 11, 2008 through
March 31, 2008 and since  inception  on March 11, 2008  through  March 31, 2009.
These financial  statements are the responsibility of the Company's  management.
Our responsibility is to express an opinion on these financial  statements based
on our audits.

We conduct  our  audits in  accordance  with  standards  of the  Public  Company
Accounting Oversight Board (United States). Those standards require that we plan
and  perform  the  audits to  obtain  reasonable  assurance  about  whether  the
financial  statements  are free of  material  misstatement.  An  audit  includes
examining,  on a test basis,  evidence supporting the amounts and disclosures in
the  financial  statements.  An audit also  includes  assessing  the  accounting
principles  used  and  significant  estimates  made  by  management,  as well as
evaluating the overall  financial  statement  presentation.  We believe that our
audits provide a reasonable basis for our opinion.

In our opinion,  the financial  statements  referred to above present fairly, in
all material respects,  the financial position of Maven Media Holdings,  Inc. (A
Development  Stage  Company)  as of March 31, 2009 and March 31,  2008,  and the
related statements of operations,  stockholders' equity (deficit) and cash flows
for the years ended March 31, 2009 and the period since inception March 11, 2008
through  March 31, 2008 and since  inception on March 11, 2008 through March 31,
2009, in conformity with accounting  principles generally accepted in the United
States of America.

The  accompanying  financial  statements  have been  prepared  assuming that the
Company  will  continue  as a  going  concern.  As  discussed  in  Note 6 to the
financial statements,  the Company has an accumulated deficit of $19,996,  which
raises  substantial  doubt about its  ability to  continue  as a going  concern.
Management's  plans  concerning  these matters are also described in Note 6. The
financial  statements do not include any adjustments  that might result from the
outcome of this uncertainty.



/s/ Moore & Associates, Chartered
---------------------------------------
Moore & Associates, Chartered
Las Vegas, Nevada
May 22, 2009


 6490 West Desert Inn Rd, Las Vegas, NV 89146 (702) 253-7499 Fax (702) 253-7501

                                       19
<PAGE>
                           Maven Media Holdings, Inc.
                          (A Development Stage Company)
                                 Balance Sheets

<TABLE>
<CAPTION>
                                                                       Year ended           As of
                                                                        March 31,          March 31
                                                                          2009               2008
                                                                        --------           --------
<S>                                                                     <C>                <C>
ASSETS

Current Assets
  Cash                                                                  $ 20,504           $ 10,500
                                                                        --------           --------
Total Current Assets                                                      20,504             10,500

Fixed Assets
  Total Fixed Assets                                                           0                  0
                                                                        --------           --------

Total Assets                                                            $ 20,504           $ 10,500
                                                                        ========           ========

LIABILITIES

Current Liabilities
  Loan from director                                                    $    500           $    500
  Account Payables                                                             0                  0
                                                                        --------           --------
Total Current Liabilities                                                    500                500
                                                                        --------           --------

Long term Liabilities                                                          0                  0
                                                                        --------           --------

Total Liabilities                                                            500                500
                                                                        ========           ========
EQUITY
  80,000,000 Common Shares Authorized at $.0001 Par value
  3,000,000 and 2,000,000 common shares issued and outstanding               300                200
  Additional Paid in Capital                                              39,700              9,800
  Accumulated Deficit during Development Stage                           (19,996)                 0
                                                                        --------           --------
Total Stockholders Equity                                                 20,004             10,000
                                                                        --------           --------

TOTAL LIABILITIES AND SHAREHOLDERS EQUITY                               $ 20,504           $ 10,500
                                                                        ========           ========
</TABLE>


   The accompanying notes are an integral part of these financial statements.

                                       20
<PAGE>
                           Maven Media Holdings, Inc.
                          (A Development Stage Company)
                            Statements of Operations

<TABLE>
<CAPTION>
                                                                  For the period from     For the period from
                                                                     March 11, 2008          March 11, 2008
                                                  Year ended          (inception)             (inception)
                                                   March 31,            March 31,               March 31,
                                                     2009                 2008                    2009
                                                  ----------           ----------              ----------
<S>                                               <C>                  <C>                     <C>
Revenue                                           $        0           $        0              $        0
                                                  ----------           ----------              ----------
Expenses
  Accounting & Legal Fees                              9,950                    0                   9,950
  Administrative                                      10,121                    0                  10,121
  Bank Service Charge                                      0                    0                       0
                                                  ----------           ----------              ----------
Total Expenses                                        20,071                    0                  20,071
                                                  ----------           ----------              ----------

Other Income (expenses)                                   75                    0                      75
                                                  ----------           ----------              ----------
                                                          75                    0                      75
Income
  Interest Income
  Provision For Income Taxes                               0                    0                       0
                                                  ----------           ----------              ----------

Net Income (Loss)                                 $  (19,996)          $        0              $  (19,996)
                                                  ==========           ==========              ==========


Basic & Diluted (Loss) per Share                      (0.000)              (0.000)                 (0.000)
                                                  ----------           ----------              ----------

Weighted Average Number of Common Shares           2,706,849            2,000,000
                                                  ----------           ----------
</TABLE>


   The accompanying notes are an integral part of these financial statements.

                                       21
<PAGE>
                           Maven Media Holdings, Inc.
                          (A Development Stage Company)
                       STATEMENTS OF STOCKHOLDERS' EQUITY
                From Inception March 11, 2008 to March 31, 2009

<TABLE>
<CAPTION>
                                                                                                    Deficit
                                                                                                  Accumulated
                                            Common Stock          Preferred Stock                   During
                                         -------------------    -------------------    Paid in    Development      Total
                                         Shares       Amount    Shares       Amount    Capital       Stage        Equity
                                         ------       ------    ------       ------    -------       -----        ------
<S>                                    <C>            <C>      <C>           <C>        <C>          <C>         <C>
Balance at Inception on
 March 11, 2008                              --       $   --         --      $   --   $     --     $      --     $     --
                                      ---------       ------    -------      ------   --------     ---------     --------
Common Shares issued to founders
 on 3/31/08 @ $0.005 per share,
 par value .0001                      2,000,000          200         --          --      9,800                     10,000

Net (Loss) for the period from
 inception on March 11, 2008 to
 March 31, 2008                                                                                           --           --
                                      ---------       ------    -------      ------   --------     ---------     --------
Balance, March 31, 2008               2,000,000          200         --          --      9,800            --       10,000
                                      =========       ======    =======      ======   ========     =========     ========
Common Shares issued to individuals
 on 7/16/08 @ $0.03 per share, par
 value .0001                          1,000,000          100                            29,900                     30,000

Net (Loss) for the year ending
 March 31, 2009                                                                                      (19,996)     (19,996)
                                      ---------       ------    -------      ------   --------     ---------     --------
Balance, March 31, 2009               3,000,000       $  300    $    --      $   --   $ 39,700     $ (19,996)    $ 20,004
                                      =========       ======    =======      ======   ========     =========     ========
</TABLE>


   The accompanying notes are an integral part of these financial statements.

                                       22
<PAGE>
                           Maven Media Holdings, Inc.
                          (A Development Stage Company)
                            Statements of Cash Flows

<TABLE>
<CAPTION>
                                                                          For the period from    For the period from
                                                                             March 11, 2008         March 11, 2008
                                                            Year ended        (inception)            (inception)
                                                             March 31,          March 31,              March 31,
                                                               2009               2009                   2009
                                                             --------           --------               --------
<S>                                                          <C>                <C>                    <C>
OPERATING ACTIVITIES
  Net Income (Loss)                                          $(19,996)          $      0               $(19,996)
  Accounts Payable                                                  0                  0                      0
                                                             --------           --------               --------
NET CASH USED IN OPERATING ACTIVITIES                         (19,996)                 0                (19,996)

FINANCING ACTIVITIES
  Investing Activities                                              0                  0                      0
  Loan from Officer                                                 0                500                    500
  Common Shares Issued to Founders, @ $0.005 Per Share              0             10,000                 10,000
  Common Shares Issued to Individuals @ $0.03 Per Share        30,000                  0                 30,000
                                                             --------           --------               --------
NET CASH PROVIDED BY INVESTING ACTIVITIES                      30,000             10,500                 40,500

Net Cash                                                       10,004             10,500                 20,504

Cash at Beginning of Period                                    10,500                  0                      0
                                                             --------           --------               --------

CASH AT END OF PERIOD                                        $ 20,504           $ 10,500               $ 20,504
                                                             ========           ========               ========

Supplemental Disclosure of Cash Flow Information

Cash paid for:
  Interest Expense                                           $      0           $      0               $      0
                                                             --------           --------               --------
  Income Taxes                                               $      0           $      0               $      0
                                                             --------           --------               --------
</TABLE>


   The accompanying notes are an integral part of these financial statements.

                                       23
<PAGE>
                           Maven Media Holdings, Inc.
                          (A Development Stage Company)
                          Notes to Financial Statements
                                 March 31, 2009


NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS

Maven Media  Holdings,  Inc.  (the Company) was  incorporated  on March 11, 2008
under the laws of the State of  Delaware.  The  Company  plans to enter into the
stock  photographic  image online sales  industry and create an  affiliate-based
website,  branded  "Mavenstock.com"  where the  company's  photographic  content
database is available for viewing, purchasing and downloading.

The Company is a development  stage  enterprise in accordance  with Statement of
Financial  Accounting  Standards  ("SFAS")  No. 7. The  Company  has been in the
development stage since its formation and has not yet realized any revenues from
its planned operations.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

BASIS OF PRESENTATION

The Company  reports revenue and expenses using the accrual method of accounting
for financial and tax reporting purposes.

USE OF ESTIMATES

Management   uses  estimates  and   assumptions  in  preparing  these  financial
statements in accordance with generally accepted  accounting  principles.  Those
estimates and assumptions affect the reported amounts of assets and liabilities,
the disclosure of contingent  assets and liabilities,  and the reported revenues
and expenses.

DEPRECIATION, AMORTIZATION AND CAPITALIZATION

The Company records depreciation and amortization,  when appropriate, using both
straight-line  method over the  estimated  useful  lives of the assets  (five to
seven years). Expenditures for maintenance and repairs are charged to expense as
incurred.   Additions,   major  renewals  and  replacements  that  increase  the
property's useful life are capitalized.  Property sold or retired, together with
the related  accumulated  depreciation is removed from the appropriate  accounts
and the resultant gain or loss is included in net income.

INCOME TAXES

The company  provides for income taxes under  Statement of Financial  Accounting
Standards No. 109, Accounting for Income Taxes. SFAS No. 109 requires the use of
an asset and  liability  approach in accounting  for income taxes.  Deferred tax
assets  and  liabilities  are  recorded  based on the  differences  between  the

                                       24
<PAGE>
                           Maven Media Holdings, Inc.
                          (A Development Stage Company)
                          Notes to Financial Statements
                                 March 31, 2009


NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

financial statement and tax bases of assets and liabilities and the tax rates in
effect when these differences are expected to reverse.

SFAS No. 109  requires  the  reduction  of  deferred  tax assets by a  valuation
allowance if, based on the weight of available evidence,  it is more likely than
not that some of all of the deferred tax assets will not be realized.

The  provision for income taxes differs form the amounts which would be provided
by applying the statutory  federal income tax rate to net loss before  provision
for income taxes for the following reasons:

                                                         As of March 31, 2009
                                                         --------------------

              Income tax expense at statutory rate              $6,799
              Valuation allowance                                6,799
                                                                ------
              Income tax expense per books                      $    0
                                                                ======

FAIR VALUE OF FINANCIAL INSTRUMENTS

Financial accounting Standards Statement No. 107,  "Disclosures about Fair Value
of Financial  Instruments",  requires the Company to disclose,  when  reasonably
attainable,  the fair  market  values of its  assets and  liabilities  which are
deemed to be financial instruments.  The Company's financial instruments consist
primarily of cash and certain investments.

INVESTMENTS

Investments  that are  purchased in other  companies are valued at cost less any
impairment in the value that is other than temporary in nature.

PER SHARE INFORMATION

The Company  computes per share  information  in  accordance  with SFAS No. 128,
"Earnings  per Share"  which  requires  presentation  of both basic and  diluted
earnings per share on the face of the  statement of  operations.  Basic loss per

                                       25
<PAGE>
                           Maven Media Holdings, Inc.
                          (A Development Stage Company)
                          Notes to Financial Statements
                                 March 31, 2009


NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

share is computed by dividing the net loss available to common  shareholders  by
the weighted  average  number of common shares  outstanding  during such period.
Diluted  loss per share gives  effect to all dilutive  potential  common  shares
outstanding  during the period.  Dilutive loss per share  excludes all potential
common  shares  if their  effect is  anti-dilutive.  The  Company  has basic and
diluted loss per share of $0.0001.

ADVERTISING AND MARKETING

There were no advertising and marketing expenses since inception.

NOTE 3 - COMMITMENTS AND CONTINGENCIES

LITIGATION

The Company is not presently involved in any litigation.

NOTE 4 - CONCENTRATIONS OF RISKS

CASH BALANCES

The Company  maintains its cash in  institutions  insured by the Federal Deposit
Insurance Corporation (FDIC). This government corporation insured balances up to
$100,000  through  October 13,  2008.  As of October  14, 2008 all  non-interest
bearing transaction deposit accounts at an FDIC-insured  institution,  including
all personal and business  checking  deposit accounts that do not earn interest,
are fully insured for the entire amount in the deposit  account.  This unlimited
insurance  coverage is  temporary  and will  remain in effect for  participating
institutions until December 31, 2009.

All other deposit  accounts at  FDIC-insured  institutions  are insured up to at
least $250,000 per depositor  until December 31, 2009. On January 1, 2010,  FDIC
deposit  insurance  for all  deposit  accounts,  except for  certain  retirement
accounts, will return to at least $100,000 per depositor. Insurance coverage for
certain retirement accounts, which include all IRA deposit accounts, will remain
at $250,000 per depositor.

NOTE 5 - RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

In April 2009, the FASB issued FSP No. FAS 157-4,  "Determining  Fair Value When
the Volume and Level of Activity for the Asset or Liability  Have  Significantly
Decreased and Identifying  Transactions That Are Not Orderly" ("FSP FAS 157-4").
FSP FAS 157-4 provides  guidance on estimating  fair value when market  activity

                                       26
<PAGE>
                           Maven Media Holdings, Inc.
                          (A Development Stage Company)
                          Notes to Financial Statements
                                 March 31, 2009


NOTE 5 - RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS (continued)

has  decreased   and  on   identifying   transactions   that  are  not  orderly.
Additionally,  entities are  required to disclose in interim and annual  periods
the inputs and  valuation  techniques  used to measure  fair value.  This FSP is
effective for interim and annual periods ending after June 15, 2009. The Company
does not expect the adoption of FSP FAS 157-4 will have a material impact on its
financial condition or results of operation.

In October 2008, the FASB issued FSP No. FAS 157-3,  "Determining the Fair Value
of a Financial  Asset When the Market for That Asset is Not  Active,"  ("FSP FAS
157-3"), which clarifies application of SFAS 157 in a market that is not active.
FSP FAS 157-3 was effective  upon  issuance,  including  prior periods for which
financial  statements have not been issued. The adoption of FSP FAS 157-3 had no
impact on the  Company's  results of  operations,  financial  condition  or cash
flows.

In  December  2008,  the  FASB  issued  FSP  No.  FAS  140-4  and  FIN  46(R)-8,
"Disclosures  by Public  Entities  (Enterprises)  about  Transfers  of Financial
Assets and Interests in Variable Interest  Entities." This  disclosure-only  FSP
improves the  transparency of transfers of financial  assets and an enterprise's
involvement   with   variable   interest    entities,    including    qualifying
special-purpose  entities.  This FSP is effective for the first reporting period
(interim or annual)  ending after  December 15, 2008,  with earlier  application
encouraged. The Company adopted this FSP effective January 1, 2009. The adoption
of the FSP had no impact  on the  Company's  results  of  operations,  financial
condition or cash flows.

In December 2008, the FASB issued FSP No. FAS 132(R)-1,  "Employers' Disclosures
about Postretirement Benefit Plan Assets" ("FSP FAS 132(R)-1"). FSP FAS 132(R)-1
requires   additional  fair  value  disclosures  about  employers'  pension  and
postretirement  benefit plan assets  consistent with guidance  contained in SFAS
157. Specifically,  employers will be required to disclose information about how
investment  allocation decisions are made, the fair value of each major category
of plan assets and information about the inputs and valuation techniques used to
develop the fair value  measurements  of plan assets.  This FSP is effective for
fiscal  years ending  after  December 15, 2009.  The Company does not expect the
adoption  of FSP FAS  132(R)-1  will have a  material  impact  on its  financial
condition or results of operation.

In September  2008, the FASB issued  exposure  drafts that eliminate  qualifying
special  purpose  entities  from the guidance of SFAS No. 140,  "Accounting  for
Transfers and Servicing of Financial Assets and Extinguishments of Liabilities,"
and FASB  Interpretation 46 (revised December 2003),  "Consolidation of Variable
Interest  Entities  - an  interpretation  of ARB  No.  51,"  as  well  as  other
modifications. While the proposed revised pronouncements have not been finalized
and the proposals are subject to further public comment, the Company anticipates
the  changes  will not have a  significant  impact  on the  Company's  financial
statements.  The changes  would be  effective  March 1, 2010,  on a  prospective
basis.

                                       27
<PAGE>
                           Maven Media Holdings, Inc.
                          (A Development Stage Company)
                          Notes to Financial Statements
                                 March 31, 2009


NOTE 5 - RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS (continued

In June 2008,  the FASB  issued FASB Staff  Position  EITF  03-6-1,  DETERMINING
WHETHER   INSTRUMENTS   GRANTED  IN   SHARE-BASED   PAYMENT   TRANSACTIONS   ARE
PARTICIPATING  SECURITIES,)  ("FSP  EITF  03-6-1").  FSP EITF  03-6-1  addresses
whether   instruments   granted  in   share-based   payment   transactions   are
participating  securities prior to vesting, and therefore need to be included in
the computation of earnings per share under the two-class method as described in
FASB Statement of Financial  Accounting Standards No. 128, "Earnings per Share."
FSP EITF 03-6-1 is effective  for financial  statements  issued for fiscal years
beginning on or after December 15, 2008 and earlier  adoption is prohibited.  We
are not required to adopt FSP EITF  03-6-1;  neither do we believe that FSP EITF
03-6-1 would have material  effect on our  consolidated  financial  position and
results of operations if adopted.

In May 2008, the Financial  Accounting  Standards Board ("FASB") issued SFAS No.
163, "Accounting for Financial Guarantee Insurance Contracts-and  interpretation
of FASB  Statement  No. 60".  SFAS No. 163 clarifies how Statement 60 applies to
financial   guarantee  insurance   contracts,   including  the  recognition  and
measurement  of premium  revenue and claims  liabilities.  This  statement  also
requires expanded  disclosures about financial  guarantee  insurance  contracts.
SFAS No. 163 is effective  for fiscal years  beginning on or after  December 15,
2008, and interim periods within those years.  SFAS No. 163 has no effect on the
Company's  financial position,  statements of operations,  or cash flows at this
time.

In May 2008, the Financial  Accounting  Standards Board ("FASB") issued SFAS No.
162, "The Hierarchy of Generally Accepted Accounting  Principles".  SFAS No. 162
sets  forth  the  level of  authority  to a given  accounting  pronouncement  or
document by  category.  Where there might be  conflicting  guidance  between two
categories,  the more  authoritative  category will  prevail.  SFAS No. 162 will
become  effective 60 days after the SEC approves  the PCAOB's  amendments  to AU
Section 411 of the AICPA Professional  Standards.  SFAS No. 162 has no effect on
the Company's  financial  position,  statements of operations,  or cash flows at
this time.

In March 2008, the Financial  Accounting  Standards Board, or FASB,  issued SFAS
No. 161,  Disclosures  about Derivative  Instruments and Hedging  Activities--an
amendment of FASB Statement No. 133. This standard requires companies to provide
enhanced   disclosures   about  (a)  how  and  why  an  entity  uses  derivative
instruments,  (b) how  derivative  instruments  and  related  hedged  items  are
accounted for under Statement 133 and its related  interpretations,  and (c) how
derivative  instruments  and related  hedged items affect an entity's  financial
position, financial performance, and cash flows. This Statement is effective for
financial statements issued for fiscal years and interim periods beginning after
November 15, 2008, with early  application  encouraged.  The Company has not yet
adopted  the  provisions  of SFAS No.  161,  but does  not  expect  it to have a
material impact on its consolidated financial position, results of operations or
cash flows.

                                       28
<PAGE>
                           Maven Media Holdings, Inc.
                          (A Development Stage Company)
                          Notes to Financial Statements
                                 March 31, 2009


NOTE 5 - RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS (continued

In  December  2007,  the SEC  issued  Staff  Accounting  Bulletin  (SAB) No. 110
regarding  the use of a  "simplified"  method,  as discussed in SAB No. 107 (SAB
107),  in  developing  an  estimate of expected  term of "plain  vanilla"  share
options in accordance with SFAS No. 123 (R), Share-Based Payment. In particular,
the staff  indicated in SAB 107 that it will accept a company's  election to use
the  simplified  method,  regardless  of  whether  the  company  has  sufficient
information to make more refined estimates of expected term. At the time SAB 107
was issued,  the staff believed that more detailed  external  information  about
employee exercise behavior (e.g.,  employee exercise patterns by industry and/or
other categories of companies)  would,  over time,  become readily  available to
companies.  Therefore,  the staff  stated in SAB 107 that it would not  expect a
company to use the simplified  method for share option grants after December 31,
2007.  The staff  understands  that such  detailed  information  about  employee
exercise behavior may not be widely available by December 31, 2007. Accordingly,
the staff will continue to accept, under certain  circumstances,  the use of the
simplified  method  beyond  December 31, 2007.  The Company  currently  uses the
simplified  method for "plain  vanilla"  share  options and  warrants,  and will
assess the impact of SAB 110 for fiscal year 2009.  It is not believed that this
will have an impact on the Company's consolidated financial position, results of
operations or cash flows.

In December  2007,  the FASB issued SFAS No. 160,  Noncontrolling  Interests  in
Consolidated  Financial  Statements--an  amendment of ARB No. 51. This statement
amends  ARB  51  to  establish   accounting  and  reporting  standards  for  the
noncontrolling  interest  in a  subsidiary  and  for  the  deconsolidation  of a
subsidiary.  It clarifies that a  noncontrolling  interest in a subsidiary is an
ownership interest in the consolidated  entity that should be reported as equity
in the  consolidated  financial  statements.  Before this  statement was issued,
limited guidance existed for reporting  noncontrolling  interests.  As a result,
considerable  diversity in practice existed.  So-called  minority interests were
reported in the consolidated  statement of financial  position as liabilities or
in the mezzanine section between liabilities and equity. This statement improves
comparability  by eliminating  that  diversity.  This statement is effective for
fiscal years,  and interim  periods  within those fiscal years,  beginning on or
after  December 15, 2008 (that is,  January 1, 2009,  for entities with calendar
year-ends). Earlier adoption is prohibited. The effective date of this statement
is the same as that of the related  Statement  141 (revised  2007).  The Company
will adopt this Statement  beginning March 1, 2009. It is not believed that this
will have an impact on the Company's consolidated financial position, results of
operations or cash flows.

In  December  2007,  the FASB,  issued  FAS No.  141  (revised  2007),  Business
Combinations'.   This  Statement  replaces  FASB  Statement  No.  141,  Business
Combinations,  but retains the  fundamental  requirements in Statement 141. This
Statement  establishes  principles and  requirements  for how the acquirer:  (a)
recognizes  and measures in its financial  statements  the  identifiable  assets
acquired,  the  liabilities  assumed,  and any  noncontrolling  interest  in the

                                       29
<PAGE>
                           Maven Media Holdings, Inc.
                          (A Development Stage Company)
                          Notes to Financial Statements
                                 March 31, 2009


NOTE 5 - RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS (continued

acquiree;  (b)  recognizes  and measures  the goodwill  acquired in the business
combination  or a  gain  from  a  bargain  purchase;  and  (c)  determines  what
information to disclose to enable users of the financial  statements to evaluate
the nature and financial  effects of the business  combination.  This  statement
applies prospectively to business combinations for which the acquisition date is
on or after the beginning of the first annual  reporting  period beginning on or
after  December  15,  2008.  An entity may not apply it before  that  date.  The
effective  date of this  statement  is the  same  as  that of the  related  FASB
Statement  No.  160,   Noncontrolling   Interests  in   Consolidated   Financial
Statements. The Company will adopt this statement beginning March 1, 2009. It is
not  believed  that  this will  have an  impact  on the  Company's  consolidated
financial position, results of operations or cash flows.

In February  2007,  the FASB,  issued SFAS No.  159,  The Fair Value  Option for
Financial Assets and  Liabilities--Including  an Amendment of FASB Statement No.
115.  This  standard  permits  an entity to choose  to  measure  many  financial
instruments  and certain other items at fair value.  This option is available to
all  entities.  Most of the  provisions  in FAS 159 are  elective;  however,  an
amendment  to FAS 115  Accounting  for  Certain  Investments  in Debt and Equity
Securities   applies  to  all  entities  with  available  for  sale  or  trading
securities.  Some requirements  apply differently to entities that do not report
net income.  SFAS No. 159 is effective as of the beginning of an entity's  first
fiscal year that begins after November 15, 2007.  Early adoption is permitted as
of the beginning of the previous fiscal year provided that the entity makes that
choice in the first 120 days of that  fiscal  year and also  elects to apply the
provisions of SFAS No. 157 Fair Value Measurements.  The Company will adopt SFAS
No. 159 beginning March 1, 2008 and is currently evaluating the potential impact
the  adoption  of this  pronouncement  will have on its  consolidated  financial
statements.

In September  2006, the FASB issued SFAS No. 157, Fair Value  Measurements  This
statement  defines fair value,  establishes a framework for measuring fair value
in generally accepted  accounting  principles  (GAAP),  and expands  disclosures
about fair value  measurements.  This statement  applies under other  accounting
pronouncements that require or permit fair value measurements,  the Board having
previously  concluded in those accounting  pronouncements that fair value is the
relevant measurement attribute. Accordingly, this statement does not require any
new fair value measurements. However, for some entities, the application of this
statement  will  change  current  practice.  This  statement  is  effective  for
financial  statements issued for fiscal years beginning after November 15, 2007,
and  interim  periods  within  those  fiscal  years.   Earlier   application  is
encouraged,  provided  that the  reporting  entity has not yet issued  financial
statements for that fiscal year,  including financial  statements for an interim
period within that fiscal year. The Company will adopt this  statement  March 1,
2008,  and it is not  believed  that this  will have an impact on the  Company's
consolidated financial position, results of operations or cash flows.

                                       30
<PAGE>
                           Maven Media Holdings, Inc.
                          (A Development Stage Company)
                          Notes to Financial Statements
                                 March 31, 2009


NOTE 6 - GOING CONCERN

Future  issuances of the Company's equity or debt securities will be required in
order for the Company to continue to finance its  operations  and  continue as a
going concern. The Company's present revenues are insufficient to meet operating
expenses.

The financial  statements  of the Company have been  prepared  assuming that the
Company  will  continue  as a going  concern,  which  contemplates,  among other
things,  the  realization of assets and the  satisfaction  of liabilities in the
normal  course of business.  The Company has incurred  cumulative  net losses of
$19,996  since  its  inception  and  requires   capital  for  its   contemplated
operational  and marketing  activities to take place.  The Company's  ability to
raise  additional  capital  through  the  future  issuances  of common  stock is
unknown. The obtainment of additional financing,  the successful  development of
the Company's contemplated plan of operations,  and its transition,  ultimately,
to the  attainment  of  profitable  operations  are necessary for the Company to
continue  operations.  The ability to  successfully  resolve these factors raise
substantial  doubt about the Company's  ability to continue as a going  concern.
The financial  statements of the Company do not include any adjustments that may
result from the outcome of these aforementioned uncertainties.

NOTE 7 - RELATED PARTY TRANSACTIONS

Adrienne  Humphreys,  the sole  officer and  director of the Company may, in the
future,  become  involved  in  other  business   opportunities  as  they  become
available, thus she may face a conflict in selecting between the Company and her
other  business  opportunities.  The company has not formulated a policy for the
resolution of such conflicts.

While the Company is seeking  additional  capital,  Ms.  Humphreys  has advanced
funds to the  Company  to pay for any  costs  incurred  by it.  These  funds are
interest free. The balance due Ms. Humphreys was $500 on March 31, 2009.

NOTE 8 - STOCK TRANSACTIONS

Transactions,  other than  employees'  stock  issuance,  are in accordance  with
paragraph 8 of SFAS 123. Thus issuances shall be accounted for based on the fair
value of the consideration received. Transactions with employees' stock issuance
are in accordance with paragraphs  (16-44) of SFAS 123. These issuances shall be
accounted for based on the fair value of the consideration  received or the fair
value  of  the  equity   instruments   issued,  or  whichever  is  more  readily
determinable.

                                       31
<PAGE>
                           Maven Media Holdings, Inc.
                          (A Development Stage Company)
                          Notes to Financial Statements
                                 March 31, 2009


NOTE 9 - STOCKHOLDERS' EQUITY

The  stockholders'  equity section of the Company contains the following classes
of capital stock as of March 31, 2009:

Common Stock, $ 0.0001 par value: 80,000,000 shares authorized; 3,000,000 shares
issued and outstanding.

On March 31,  2008,  the Company  issued a total of  2,000,000  shares of common
stock to one  director for cash in the amount of $0.005 per share for a total of
$10,000.

On July 16, 2008, the Company issued a total of 1,000,000 shares of common stock
to one  individuals  for cash in the  amount  of $0.03  per share for a total of
$30,000.

As of March 31, 2009 the Company had 3,000,000 shares of common stock issued and
outstanding.

NOTE 10 - SUBSEQUENT EVENTS

On May 6, 2009, Maven Media Holdings, Inc. entered into an Agreement and Plan of
Merger with  Waste2Energy  Acquisition Co., a Delaware  corporation and a wholly
owned subsidiary of the Company and Waste2Energy,  Inc., a Delaware corporation.
Pursuant  to the  Merger  Agreement,  on the  closing  date of the  merger,  the
subsidiary  will  merge  with  and into  Waste2Energy,  Inc.  which  will be the
surviving company and a wholly-owned subsidiary of the Company.

Pursuant to the Merger  Agreement,  upon  completion of the Merger,  the Company
will issue  45,819,395  shares of the Company's common stock to the shareholders
of Waste2Energy, Inc. in exchange for 100% of the issued and outstanding capital
stock  of  Waste2Energy,   Inc.  The  45,819,395  Acquisition  Shares  represent
approximately  98% of the  Company's  aggregate  issued and  outstanding  common
stock, after  cancellation of 2,000,000  outstanding shares owned by a director.
Pursuant  to  the  Merger  Agreement,   holders  of  Waste2Energy's  issued  and
outstanding  warrants to purchase  17,660,000  shares of common  stock at prices
ranging from $0.10 to $0.75 will have their  warrants  cancelled and the Company
will issue them identical  warrants to purchase  shares of the Company's  common
stock.

                                       32
<PAGE>
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON FINANCIAL DISCLOSURE

None.

ITEM 9A. CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

Under the supervision and with the participation of our management, including
our principal executive officer and the principal financial officer (our
president), we have conducted an evaluation of the effectiveness of the design
and operation of our disclosure controls and procedures, as defined in Rules
13a-15(e) and 15d-15(e) under the Securities and Exchange Act of 1934, as of the
end of the period covered by this report. Based on this evaluation, our
principal executive officer and principal financial officer concluded as of the
evaluation date that our disclosure controls and procedures were effective such
that the material information required to be included in our Securities and
Exchange Commission reports is accumulated and communicated to our management,
including our principal executive and financial officer, recorded, processed,
summarized and reported within the time periods specified in Securities and
Exchange Commission rules and forms relating to our company, particularly during
the period when this report was being prepared.

MANAGEMENT'S ANNUAL REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING

Our management is responsible for establishing and maintaining adequate internal
control over financial reporting, as such term is defined in Rules 13a-15(f) and
15d-15(f) under the Exchange Act, for the company.

Internal control over financial reporting includes those policies and procedures
that: (1) pertain to the maintenance of records that, in reasonable detail,
accurately and fairly reflect the transactions and dispositions of our assets;
(2) provide reasonable assurance that transactions are recorded as necessary to
permit preparation of financial statements in accordance with generally accepted
accounting principles, and that our receipts and expenditures are being made
only in accordance with authorizations of its management and directors; and (3)
provide reasonable assurance regarding prevention or timely detection of
unauthorized acquisition, use or disposition of our assets that could have a
material effect on the financial statements.

Management recognizes that there are inherent limitations in the effectiveness
of any system of internal control, and accordingly, even effective internal
control can provide only reasonable assurance with respect to financial
statement preparation and may not prevent or detect material misstatements. In
addition, effective internal control at a point in time may become ineffective
in future periods because of changes in conditions or due to deterioration in
the degree of compliance with our established policies and procedures.

A material weakness is a significant deficiency, or combination of significant
deficiencies, that results in there being a more than remote likelihood that a
material misstatement of the annual or interim financial statements will not be
prevented or detected.

Under the supervision and with the participation of our president, management
conducted an evaluation of the effectiveness of our internal control over
financial reporting, as of March 31, 2009, based on the framework set forth in
Internal Control-Integrated Framework issued by the Committee of Sponsoring

                                       33
<PAGE>
Organizations of the Treadway Commission (COSO). Based on our evaluation under
this framework, management concluded that our internal control over financial
reporting was not effective as of the evaluation date due to the factors stated
below.

Management assessed the effectiveness of the Company's internal control over
financial reporting as of evaluation date and identified the following material
weaknesses:

INSUFFICIENT RESOURCES: We have an inadequate number of personnel with requisite
expertise in the key functional areas of finance and accounting.

INADEQUATE SEGREGATION OF DUTIES: We have an inadequate number of personnel to
properly implement control procedures.

LACK OF AUDIT COMMITTEE & OUTSIDE DIRECTORS ON THE COMPANY'S BOARD OF DIRECTORS:
We do not have a functioning audit committee or outside directors on our board
of directors, resulting in ineffective oversight in the establishment and
monitoring of required internal controls and procedures.

Management is committed to improving its internal controls and will (1) continue
to use third party specialists to address shortfalls in staffing and to assist
the Company with accounting and finance responsibilities, (2) increase the
frequency of independent reconciliations of significant accounts which will
mitigate the lack of segregation of duties until there are sufficient personnel
and (3) may consider appointing outside directors and audit committee members in
the future.

Management, including our president, has discussed the material weakness noted
above with our independent registered public accounting firm. Due to the nature
of this material weakness, there is a more than remote likelihood that
misstatements which could be material to the annual or interim financial
statements could occur that would not be prevented or detected.

This annual report does not include an attestation report of our registered
public accounting firm regarding internal control over financial reporting.
Management's report was not subject to attestation by the our registered public
accounting firm pursuant to temporary rules of the SEC that permit us to provide
only management's report in this annual report.

CHANGES IN INTERNAL CONTROLS OVER FINANCIAL REPORTING

There have been no changes in our internal control over financial reporting that
occurred during the last fiscal quarter for our fiscal year ended March 31, 2009
that have materially affected, or are reasonably likely to materially affect,
our internal control over financial reporting.

ITEM 9B. OTHER INFORMATION

On May 6, 2009, Maven Media Holdings, Inc. entered into an Agreement and Plan of
Merger with Waste2Energy Acquisition Co., a Delaware corporation and a wholly
owned subsidiary of the Company and Waste2Energy, Inc., a Delaware corporation.
Pursuant to the Merger Agreement, on the closing date of the merger, the
subsidiary will merge with and into Waste2Energy, Inc. which will be the
surviving company and a wholly-owned subsidiary of the Company.

                                       34
<PAGE>
Pursuant to the Merger Agreement, upon completion of the Merger, the Company
will issue 45,819,395 shares of the Company's common stock to the shareholders
of Waste2Energy, Inc. in exchange for 100% of the issued and outstanding capital
stock of Waste2Energy, Inc. The 45,819,395 Acquisition Shares represent
approximately 98% of the Company's aggregate issued and outstanding common
stock, after cancellation of 2,000,000 outstanding shares owned by a director.
Pursuant to the Merger Agreement, holders of Waste2Energy's issued and
outstanding warrants to purchase 17,660,000 shares of common stock at prices
ranging from $0.10 to $0.75 will have their warrants cancelled and the Company
will issue them identical warrants to purchase shares of the Company's common
stock.

                                       35
<PAGE>
                                    PART III

ITEM 10.  DIRECTORS AND EXECUTIVE OFFICERS

The names, ages and titles of our executive officers and director are as
follows:

     Name and Address of Executive
       Officer and/or Director           Age                Position
       -----------------------           ---                --------

     Adrienne Humphreys                  39      President, Secretary, Treasurer
     1649 Dartmouth Street                       and Director
     Chula Vista, CA  91913

Ms. Humphreys is the promoter of Maven Media Holdings, Inc., as that term is
defined in the rules and regulations promulgated under the Securities and
Exchange Act of 1933.

TERM OF OFFICE

Our director is appointed to hold office until the next annual meeting of our
stockholders or until her successor is elected and qualified, or until she
resigns or is removed in accordance with the provisions of the Delaware Revised
Statutes. Our officer is appointed by our Board of Directors and holds office
until removed by the Board.

SIGNIFICANT EMPLOYEES

We have no significant employees other than our officer and/or director, Ms.
Adrienne Humphreys. Ms. Humphreys currently devotes approximately 10 hours per
week to company matters. Ms. Humphreys intends to devote as much time as the
Board of Directors deem necessary to manage the affairs of the company.

Ms. Humphreys has not been the subject of any order, judgment, or decree of any
court of competent jurisdiction, or any regulatory agency permanently or
temporarily enjoining, barring, suspending or otherwise limited her from acting
as an investment advisor, underwriter, broker or dealer in the securities
industry, or as an affiliated person, director or employee of an investment
company, bank, savings and loan association, or insurance company or from
engaging in or continuing any conduct or practice in connection with any such
activity or in connection with her purchase or sale of any securities.

Ms. Humphreys has not been convicted in any criminal proceeding (excluding
traffic violations) nor is she subject of any currently pending criminal
proceeding.

We will conduct our business through agreements with photographers and other
content media providers, consultants and arms-length third parties. Currently,
we have no formal agreements in place.

RESUME

ADRIENNE HUMPHREYS serves as President, Secretary and Treasurer of Maven Media
Holdings, Inc. since March 11, 2008 (inception) to current. From August, 2001 to
current, Ms. Humphreys serves as creative director and co-founder of FocalScape,
Inc., a multi media creative design company in San Diego, CA. From January, 2006
to December, 2007, she served as Director of Focalscape Media Corp., San Diego,
CA. From October, 1999 through August, 2005, she served as president and
director of Tasco International, Inc., a publicly listed company on the OTCBB.
She has over 20 years experience in the media graphic design and other visual
content development and holds 15 numerous creative design and advertising awards

                                       36
<PAGE>
including 12 Telly Awards in 2005 for best editing, best art direction, best use
of special effects, best use of digital graphics and best use of animation. She
holds a certificate of completion of media and visualization design from the
University of California San Diego located in La Jolla, CA.

CODE OF ETHICS

We do not currently have a code of ethics, because we have only limited business
operations and one officer and director, we believe a code of ethics would have
limited utility. We intend to adopt such a code of ethics as our business
operations expand and we have more directors, officers and employees.

ITEM 11. EXECUTIVE COMPENSATION

MANAGEMENT COMPENSATION

Our current director and officer is Adrienne Humphreys.

The table below summarizes all compensation awarded to, earned by, or paid to
our executive officers by any person for all services rendered in all capacities
to us for the period from our inception through to March 31, 2009:

<TABLE>
<CAPTION>
                                            Annual Compensation                 Long Term Compensation
                                     ---------------------------------    ---------------------------------
                                                                          Restricted
                                                          Other Annual      Stock     Options/*    LTIP         All Other
Name             Title        Year   Salary($)   Bonus    Compensation     Awarded     SARs(#)   Payouts($)   Compensation
----             -----        ----   ---------   -----    ------------     -------     -------   ----------   ------------
<S>            <C>            <C>      <C>        <C>          <C>           <C>        <C>         <C>            <C>
Adrienne       President,     2008     $0         $0           $0            $0         $0          $0             $0
Humphreys      Secretary,     2009     $0         $0           $0            $0         $0          $0             $0
               Treasurer,
               and Director
</TABLE>

There are no current employment agreements between the company and its
officer/director.

On March 31, 2008, a total of 2,000,000 shares of common stock were issued to
Ms. Adrienne Humphreys in exchange for cash in the amount of $10,000 or $0.005
per share. The terms of this stock issuance was as fair to the company, in the
opinion of the board of director, as if it could have been made with an
unaffiliated third party.

Ms. Humphreys currently devotes approximately 10 hours per week to manage the
affairs of the company. She has agreed to work with no remuneration until such
time as the company receives sufficient revenues necessary to provide management
salaries. At this time, we cannot accurately estimate when sufficient revenues
will occur to implement this compensation, or what the amount of the
compensation will be.

There are no annuity, pension or retirement benefits proposed to be paid to the
officer or director or employees in the event of retirement at normal retirement
date pursuant to any presently existing plan provided or contributed to by the
company or any of its subsidiaries, if any.

                                       37
<PAGE>
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth certain information concerning the number of
shares of our common stock owned beneficially as of March 31, 2009 by: (i) each
person (including any group) known to us to own more than five percent (5%) of
any class of our voting securities, (ii) our director, and or (iii) our officer.
Unless otherwise indicated, the stockholder listed possesses sole voting and
investment power with respect to the shares shown.

<TABLE>
<CAPTION>
                                                               Amount and Nature      Percentage of
                                                                 of Beneficial           Common
Title of Class     Name and Address of Beneficial Owner            Ownership             Stock(1)
--------------     ------------------------------------            ---------             --------
<S>               <C>                                              <C>                <C>
Common Stock           Adrienne Humphreys, Director                2,000,000
                       1649 Dartmouth Street                        Direct                 66.6%
                       Chula Vista, CA  91913

Common Stock           Officer and/or director as a Group          2,000,000               66.6%
</TABLE>

HOLDERS OF MORE THAN 5% OF OUR COMMON STOCK

----------
(1)  A beneficial owner of a security includes any person who, directly or
     indirectly, through any contract, arrangement, understanding, relationship,
     or otherwise has or shares: (i) voting power, which includes the power to
     vote, or to direct the voting of shares; and (ii) investment power, which
     includes the power to dispose or direct the disposition of shares. Certain
     shares may be deemed to be beneficially owned by more than one person (if,
     for example, persons share the power to vote or the power to dispose of the
     shares). In addition, shares are deemed to be beneficially owned by a
     person if the person has the right to acquire the shares (for example, upon
     exercise of an option) within 60 days of the date as of which the
     information is provided. In computing the percentage ownership of any
     person, the amount of shares outstanding is deemed to include the amount of
     shares beneficially owned by such person (and only such person) by reason
     of these acquisition rights. As a result, the percentage of outstanding
     shares of any person as shown in this table does not necessarily reflect
     the person's actual ownership or voting power with respect to the number of
     shares of common stock actually outstanding on March 31, 2009. As of March
     31, 2009, there were 3,000,000 shares of our common stock issued and
     outstanding.

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Ms. Humphreys was not paid for any underwriting services that she performed on
our behalf with respect to our recent offering. She will also not receive any
interest on any funds that she may advance to us for expenses incurred.

On March 31, 2008, a total of 2,000,000 shares of Common Stock were issued to
Ms. Humphreys in exchange for $10,000, or $0.005 per share. All of such shares
are "restricted" securities, as that term is defined by the Securities act of
1933, as amended, and are held by a director of the Company.

                                       38
<PAGE>
ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES

The total fees charged to the company for audit services, including quarterly
reviews, were $8,000 for audit-related services were $Nil, for tax services were
$Nil and for other services were $Nil during the year ended March 31, 2009.

For the year ended March 31, 2008, there were no fees paid for audit related
services, tax or other services.

                                     PART IV

ITEM 15. EXHIBITS

     Exhibit No.                            Description
     -----------                            -----------

        3.1               Articles of Incorporation*
        3.2               Bylaws*
       31.1               Sec. 302 Certification of Chief Executive Officer
       31.2               Sec. 302 Certification of Chief Financial Officer
       32.1               Sec. 906 Certification of Chief Executive Officer
       32.2               Sec. 906 Certification of Chief Financial Officer

----------
*    Incorporated by reference, please see our Registration Statement on Form
     S-1 (file number 333-151108) on the website at www.sec.gov

                                   SIGNATURES

Pursuant to the requirements of Section 13(a) or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf in Chula Vista, CA, by the undersigned, thereunto duly authorized.

May 26, 2009        Registrant:  Maven Media Holdings, Inc.


                    By: /s/ Adrienne Humphreys
                       ---------------------------------------------------------
                       Adrienne Humphreys
                       President, Secretary, Treasurer, Chief Executive Officer,
                       Chief Financial Officer, Principal Accounting Officer
                       and Sole Director

                                       39