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

                                   FORM 10-QSB

[X]      Quarterly  report  pursuant  to Section  13 or 15(d) of the  Securities
         Exchange Act of 1934 For the quarterly period ended: March 31, 2003

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

                         Commission file number: 0-29363

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

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

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

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

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

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

APPLICABLE ONLY TO CORPORATE ISSUERS

         The  number of shares of common  stock,  no par value,  outstanding  as
March 31, 2003: 14,090,255 shares

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

                                       1

<PAGE>



                               THE PLAYERS NETWORK
                           PERIOD ENDED MARCH 31, 2003

                                      INDEX

<TABLE>
<CAPTION>


PART I.  FINANCIAL INFORMATION                                                                Page
                                                                                              ----

<S>                                                                                           <C>
         Item 1.  Financial Statements

         Condensed financial statements of The Players Network:

                  Balance sheet as of March 31, 2003                                           3

                  Income statements for the three months ended March 31, 2003
                    and the three months ended March 31, 2002                                  4

                  Statements of cash flows for the three months ended March 31,
                    2003 and the three months ended March 31, 2002                             5

                  Notes to financial statements                                                6

         Item 2.  Management's Discussion and Analysis                                         7

         Item 4.  Controls and Procedures                                                      9

PART II. OTHER INFORMATION

         Item 2.  Changes in Securities and Use of Proceeds                                    9

         Item 6.  Exhibits and Reports on Form 8-K                                            10

SIGNATURE                                                                                     11
</TABLE>

                                       2

<PAGE>



PART I.           FINANCIAL INFORMATION

Item 1.           Financial Statements


                               THE PLAYERS NETWORK
                                  BALANCE SHEET
                                 March 31, 2003



                                                                      2003
                                                                  -------------
ASSETS

     Current assets
        Cash                                                         $ 146,758
        Accounts receivable                                             10,700
        Prepaid barter credits                                          34,703
        Prepaid expenses and other current assets                       18,144
                                                                  -------------
            Total current assets                                       210,305

Property and equipment,
     net of $318,550 accumulated depreciation                          304,510
Intangible assets
     Video film library,
        net of $1,240,240 accumulated amortization                     586,878
     Web site development costs,
        net of $263,594 accumulated amortization                         4,171
     Trademark and other assets,
        net of $1,828 accumulated amortization                           8,873
                                                                  -------------

        Total assets                                               $ 1,114,737
                                                                  =============


LIABILITIES AND STOCKHOLDERS' EQUITY

     Current liabilities
        Current portion of long-term debt                             $ 16,142
        Accounts payable                                                97,393
        Accrued expenses                                                17,543
        Accrued expenses due to stockholders                            48,101
        Deferred revenue                                                23,737
                                                                  -------------
             Total current liabilities                                 202,916


     Long-term debt                                                     19,999
                                                                  -------------

            Total liabilities                                          222,915
                                                                  -------------

Stockholders' Equity
     Common stock, $.01 par value; 25,000,000 shares
        authorized, 14,090,225  shares issued and outstanding           14,090
     Additional paid-in capital                                      7,498,364
     Accumulated deficit                                            (6,620,632)
                                                                  -------------
        Stockholders' equity                                           891,822

                                                                  -------------
        Total liabilities and stockholders' equity                 $ 1,114,737
                                                                  =============





                                       3

<PAGE>






                               THE PLAYERS NETWORK
                             STATEMENT OF OPERATIONS
                   Three Months Ended March 31, 2003 and 2002


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

<S>                                                                      <C>                          <C>
      Revenues
          Network                                                          $ 83,760                     $ 90,826
          Advertising                                                        15,120                       10,985
          Production and other                                               10,665                       67,448
                                                               ---------------------        ---------------------
             Total revenues                                                 109,545                      169,259
                                                               ---------------------        ---------------------

      Operating expenses
          Video production costs                                             10,503                       11,000
          Selling, general and administrative                               180,732                      182,073
          Depreciation and amortization                                      94,814                      131,644
          Interest                                                            3,193                        8,576
                                                               ---------------------        ---------------------
             Total operating expenses                                       289,242                      333,293
                                                               ---------------------        ---------------------


      Net Income (Loss)                                                  $ (179,697)                  $ (164,034)
                                                               =====================        =====================


      Basic and Diluted earnings (loss) per share                           $ (0.01)                     $ (0.02)
      Weighted average shares outstanding                                13,558,269                    9,811,645
</TABLE>


                                       4


<PAGE>

                               THE PLAYERS NETWORK
                            STATEMENTS OF CASH FLOWS
                     3 Months Ended March 31, 2003 and 2002

<TABLE>
<CAPTION>
                                                                                  2003                    2002
                                                                                 -----------           -----------
<S>                                                                               <C>                  <C>
Cash Flows Used by Operating Activities
  Net loss                                                                        $(  179,697)         $(  164,034)
  Adjustments to reconcile net loss to net
    cash used in operating activities:
    Depreciation and amortization                                                      94,814              131,644
    Stock issued for services                                                                               45,601
    Net change in unused barter credits                                                                     50,323
  Net changes in:
    Accounts receivable                                                            (    4,125)          (   70,936)

    Other current assets                                                           (   15,803)               3,221
    Accounts payable                                                               (    6,603)              45,860
    Accrued expenses                                                                   17,543           (   25,664)
    Accrued expenses due to stockholder                                                18,187
    Deferred revenue                                                               (    9,000)          (   12,485)
                                                                                  -----------          -----------
         Net Cash Provided by (Used in)
           Operating Activities                                                    (   84,684)               3,530
                                                                                  -----------          -----------
Cash Flows Used in Investing Activities
  Purchase of property and equipment                                               (    1,201)          (   11,183)
  Additions to video film library                                                  (   12,655)
  Proceeds from reduction in deposits                                                   5,869
                                                                                  -----------          -----------
         Net Cash Used in Investing Activities                                     (    7,987)          (   11,183)
                                                                                  -----------          -----------
Cash Flows Provided by Financing Activities
  Sales of common stock                                                               200,000
  Advances by stockholders                                                                                  20,000
  Payments on installment debt                                                     (   40,381)          (   40,782)
                                                                                  -----------          -----------
         Net Cash Provided by Financing Activities                                    159,619           (   20,782)
                                                                                  -----------          -----------
Net increase (decrease) in cash                                                        66,948           (   28,435)

Cash, beginning of period                                                              79,810               29,215
                                                                                  -----------          -----------
Cash, end of period                                                               $   146,758          $       780
                                                                                  ===========          ===========
</TABLE>

                                       5

<PAGE>



                               THE PLAYERS NETWORK

                     NOTES TO CONDENSED FINANCIAL STATEMENTS



1. BASIS OF PRESENTATION

The balance sheet of The Players Network (PNTV) as of March 31, 2003, and the
related statements of operations and cash flows for the three months ended March
31, 2003 and 2002 have been prepared by PNTV without audit. In the opinion of
management, the accompanying financial statements include all adjustments
(consisting of normal, recurring adjustments) necessary to summarize fairly
PNTV's financial position and results of operations. The results of operations
for the three months periods are not necessarily indicative of the results of
operations for the full year or any other interim period. Notes to the financial
statements which would substantially duplicate the disclosure contained in the
audited financial statements for the most recent fiscal year ended December 31,
2002 as reported in Form 10-KSB, have been omitted.

                                       6

<PAGE>



Item 2.  Management's Discussion and Analysis

Overview
--------

We produce  television  programming and videos related to gaming instruction and
information  for hotel  casinos on a private  cable  channel  known as  "PLAYERS
NETWORK."  We also are a 24-hour  digital  web  broadcaster  featuring  live and
previously recorded content. We are actively syndicating our network programming
to Satellite broadcasters and Broadband providers.

At March 31, 2003, we had an  accumulated  operating  deficit of $6,620,632  and
stockholders' equity of $891,822.

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

Liquidity and Capital Resources
-------------------------------

Our principal source of operating  capital has been provided by private sales of
our common stock and stockholder loans, as well as revenues from the operations.
At March 31, 2003, we had positive working capital of  approximately  $8,000. In
addition, $23,000 of current liabilities are deferred revenue, which consists of
monthly  network  services that are billed in advance and  installation  charges
that are amortized over the life of network contracts,.

In the current period,  we supplemented our working capital by receiving cash of
$200,000  from  the  private  sale of  606,060  shares  of our  common  stock in
connection with a financing arrangement we signed in March 2003.

We have several ongoing barter arrangements.  As a result of these transactions,
we  recognized  $10,500 and  $12,500 in barter  revenue and $3,000 and $3,000 in
travel  expenses in 2003 and 2002,  respectively.  In  addition,  we recorded an
impairment of $54,000 of barter credits in March 2002.

Although we have improved our working capital position,  we did not have revenue
growth  this  period,  and  there  can be no  assurance  that  we  will  achieve
profitability.   Due  to  these  factors,   we  believe  that   period-to-period
comparisons of our results of operations are not  necessarily a good  indication
of future  performance.  The results of operations in some future periods may be
below the expectations of analysts and investors.

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

At March 31, 2003, we had five full time employees and one part time consultant.

                                       7

<PAGE>

Recent Events
-------------

Also in December 2002, we received a "Letter of Intent" from an investment group
to purchase  13,636,363 of our company's common shares for $4.5 million,  and an
option to purchase an additional  10,000,000  shares at $.50.  Accompanying  the
"Letter of Intent" was $100,000  for the  purchase of 303,303  shares our common
stock.

In March 2003, we received  $200,000 in connection with the financing  agreement
related to the "letter of intent",  in exchange for 606,060 shares of our common
stock.

Results of Operations - Three Months Ended March 31, 2003 and 2002
------------------------------------------------------------------

Revenues  decreased 35% to $109,545 from $169,259 for 2003 compared to 2002. For
2003, the Company had $84,000 in Network Revenue, $15,000 in Advertising Revenue
and $11,000 in  Production  and Other  Revenue,  compared to $102,000 in Network
Revenue,  $6,000 in  Advertising  Revenue  and $60,000 in  Production  and Other
Revenue  for 2002.  We believe  the  reduction  in video  production  revenue is
related to budget cuts made by our customers after the 9/11 tragedy.

Video production  expense decreased 5% to $10,503 from $11,000 for 2003 compared
to 2002. The increase is due to our amortizing  hotel customer  production  over
the life of the hotel network  agreement,  which usually run 24 to 36 months. We
are now amortizing 2 such  contracts.  This policy  recognizes  that  customized
video for hotel  customers  are  subject to a shorter  "shelf  life" than gaming
instruction video.

Selling and administrative expenses stayed constant at $180,732 from $182,073
for 2003 compared to 2002.

Depreciation  and  amortization  decreased 28% to $94,814 from $131,644 for 2003
compared  to 2002.  This is due to our  charging  off  production  for our hotel
customers over the life of the network agreement as video production expense and
not amortizing this  production.  Our gaming  instruction  video has long "shelf
life" and continues to be amortized over their estimated useful life.

Interest expense  decreased 63% to $3,193 from $8,576 for 2003 compared to 2002,
due to the shareholder loans converted into common stock in May 2002.

Critical Accounting Policies
----------------------------

Video Library

Our Video Library consists of over 500 completed videos. The library consists of
gaming  instructions that were produced at our own expense,  videos produced for
gaming  equipment  manufacturers  and  videos  produced  for our  network  hotel
customers.  For gaming  instruction  and equipment  video, we record the cost of
production  and amortize the cost over the estimated  useful life (7 years).  We
amortize hotel customer production over the life of the hotel network agreement,
which usually run 24 to 36 months.  This policy recognizes that customized video
for  hotel  customers  are  subject  to  a  shorter  "shelf  life"  than  gaming
instruction video. We review our library catalogue quarterly and determine which
videos are no longer of value.  At 3/31/03 we had a net  carrying  value for our
Video Library of $587,000.

                                       8

<PAGE>

Revenue Recognition

We adopted  revenue  recognition  policies to comply  fully with the guidance in
Staff   Accounting   Bulletin  No.  101,   "Revenue   Recognition  in  Financial
Statements."  Network  revenue  consists  of initial,  subscription  and renewal
revenues.  Network revenue includes nonrefundable fees paid in advance, which is
recognized on a straight-line basis over the contractual term. We had $24,000 in
deferred  revenue  March  31,  2003.  Advertising  revenue  is  recognized  when
advertisements  are  aired.  Production  and  other  revenues  consist  of video
production, stage rentals and post-production revenues. Video production revenue
is recognized  when video  production is completed and accepted by the customer.
The stage  rental  and other  production  revenue is  recognized  when the stage
rental period has expired.

Inflation
---------

In our opinion, inflation has not had a material effect on our operations.

Risk Factors and Cautionary Statements
--------------------------------------

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

Item 4.  Controls and Procedures

Within 90 days prior to the filing of this Quarterly Report on Form 10-QSB,  the
chief executive officer and chief financial officer of the Company evaluated the
effectiveness  of the  Company's  disclosure  controls and  procedures  and have
concluded  that the Company's  controls and  procedures  are effective in timely
alerting  them to material  information  required to be disclosed in the reports
that are filed or submitted under the Securities and Exchange Act of 1934. There
have been no significant  changes in internal  controls or in other factors that
could  significantly  affect  these  controls  subsequent  to the  date of their
evaluation.

PART II.          OTHER INFORMATION

Item 2.           Changes in Securities and Use of Proceeds

During the quarter  ended March 31,  2003,  the issuer  privately  sold  606,060
shares of its Common Stock to an institutional  investor in exchange for cash in
the amount of $200,000.  The Company  claims this sale fits within the exemption
provided by Sections 4(2) of the  Securities  Act of 1933,  as amended,  and the
rules and regulations thereunder.

                                       9

<PAGE>

Item 6.           Exhibits and Reports on Form 8-K

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

                  Exhibit
                  Number   Description

                  99.01    Certification Required Pursuant to Section 906 of the
                           Sarbanes-Oxley Act of 2002.
                  99.2     Certification Required Pursuant to Section 906 of the
                           Sarbanes-Oxley Act of 2002.


                  (b) Reports on Form 8-K

                           A  Current  Report  on Form  8-K was  filed  with the
                           Commission on January 17, 2003  reporting the signing
                           of a binding agreement to sell a controlling interest
                           to KO Ventures, LLC and the termination of the letter
                           agreement  for  a  share  exchange  transaction  with
                           Northfield, Inc.

                                       10

<PAGE>



                                    SIGNATURE

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

                                                THE PLAYERS NETWORK
                                                (Registrant)


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

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

Dated: May _____, 2003

                                       11

<PAGE>



                                  CERTIFICATION

         I, Mark Bradley, Chief Executive Officer of The Players Network,
certify that:

         1.       I have reviewed this quarterly report on Form 10-QSB of The
                  Players Network;

         2.       Based on my knowledge, this quarterly report does not contain
                  any untrue statement of a material fact or omit to state a
                  material fact necessary to make the statements made, in light
                  of the circumstances under which such statements were made,
                  not misleading with respect to the period covered by this
                  quarterly report;

         3.       Based on my knowledge, the financial statements, and other
                  financial information included in this quarterly report,
                  fairly present in all material respects the financial
                  condition, results of operations and cash flows of the
                  registrant as of, and for, the periods presented in this
                  quarterly report;

         4.       The registrant's other certifying officers and I are
                  responsible for establishing and maintaining disclosure
                  controls and procedures (as defined in Exchange Act Rules
                  13a-14 and 15d-14) for the registrant and have:

                  (a)      designed such disclosure controls and procedures to
                           ensure that material information relating to the
                           registrant, including its consolidated subsidiaries,
                           is made known to us by others within those entities,
                           particularly during the period in which this
                           quarterly report is being prepared;

                  (b)      evaluated the effectiveness of the registrant's
                           disclosure controls and procedures as of a date
                           within 90 days prior to the filing date of this
                           quarterly report (the "Evaluation Date"); and

                  (c)      presented in this quarterly report our conclusions
                           about the effectiveness of the disclosure controls
                           and procedures based on our evaluation as of the
                           Evaluation Date;

         5.       The registrant's other certifying officers and I have
                  disclosed, based on our most recent evaluation, to the
                  registrant's auditors and the audit committee of registrant's
                  board of directors (or persons performing the equivalent
                  functions):

                  (a)      all significant deficiencies in the design or
                           operation of internal controls which could adversely
                           affect the registrant's ability to record, process,
                           summarize and report financial data and have
                           identified for the registrant's auditors any material
                           weaknesses in internal controls; and

                                       12

<PAGE>

                  (b)      any fraud, whether or not material, that involves
                           management or other employees who have a significant
                           role in the registrant's internal controls; and

         6.       The registrant's other certifying officers and I have
                  indicated in this quarterly report whether or not there were
                  significant changes in internal controls or in other factors
                  that could significantly affect internal controls subsequent
                  to the date of our most recent evaluation, including any
                  corrective actions with regard to significant deficiencies and
                  material weaknesses.

May ___, 2002

/s/ Mark Bradley
-----------------------
Mark Bradley
Chief Executive Officer

                                       13

<PAGE>

                                  CERTIFICATION

         I, Seth Horn, Chief Financial Officer of The Players Network, certify
that:

         1.       I have reviewed this quarterly report on Form 10-QSB of The
                  Players Network;

         2.       Based on my knowledge, this quarterly report does not contain
                  any untrue statement of a material fact or omit to state a
                  material fact necessary to make the statements made, in light
                  of the circumstances under which such statements were made,
                  not misleading with respect to the period covered by this
                  quarterly report;

         3.       Based on my knowledge, the financial statements, and other
                  financial information included in this quarterly report,
                  fairly present in all material respects the financial
                  condition, results of operations and cash flows of the
                  registrant as of, and for, the periods presented in this
                  quarterly report;

         4.       The registrant's other certifying officers and I are
                  responsible for establishing and maintaining disclosure
                  controls and procedures (as defined in Exchange Act Rules
                  13a-14 and 15d-14) for the registrant and have:

                  (a)      designed such disclosure controls and procedures to
                           ensure that material information relating to the
                           registrant, including its consolidated subsidiaries,
                           is made known to us by others within those entities,
                           particularly during the period in which this
                           quarterly report is being prepared;

                  (b)      evaluated the effectiveness of the registrant's
                           disclosure controls and procedures as of a date
                           within 90 days prior to the filing date of this
                           quarterly report (the "Evaluation Date"); and

                  (c)      presented in this quarterly report our conclusions
                           about the effectiveness of the disclosure controls
                           and procedures based on our evaluation as of the
                           Evaluation Date;

         5.       The registrant's other certifying officers and I have
                  disclosed, based on our most recent evaluation, to the
                  registrant's auditors and the audit committee of registrant's
                  board of directors (or persons performing the equivalent
                  functions):

                  (a)      all significant deficiencies in the design or
                           operation of internal controls which could adversely
                           affect the registrant's ability to record, process,
                           summarize and report financial data and have
                           identified for the registrant's auditors any material
                           weaknesses in internal controls; and

                                       14

<PAGE>

                  (b)      any fraud, whether or not material, that involves
                           management or other employees who have a significant
                           role in the registrant's internal controls; and

         6.       The registrant's other certifying officers and I have
                  indicated in this quarterly report whether or not there were
                  significant changes in internal controls or in other factors
                  that could significantly affect internal controls subsequent
                  to the date of our most recent evaluation, including any
                  corrective actions with regard to significant deficiencies and
                  material weaknesses.

May ___, 2002

/s/ Seth Horn
-----------------------
Seth Horn
Chief Financial Officer


                                       15