**UNITED      STATES **

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington, D.C.      20549**

**FORM 10-Q/A**

**(Amendment      No. 1)**

|                                                                                                               |   |                                                                                                                                           |
|--------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------|
| **þ**                                                                                                    |   | **QUARTERLY                REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934**  |
|                                                                                                               |   |                                                                                                                                           |
|                                                                                                               |   | **For                the quarterly period ended September 30, 2007**                                                                           |
|                                                                                                               |   |                                                                                                                                           |
| **o**                                                                                                         |   | **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 0-50762**

**DEBUT      BROADCASTING CORPORATION, INC.**

*(Exact      name of registrant as specified in its charter)*

|                                                                                  |   |                                                        |
|---------------------------------------------------------------------------------------|--------|-------------------------------------------------------------|
| **Nevada**                                                                       |   | **88-0417389**                                         |
| *(State                or other jurisdiction of incorporation or organization)*  |   | *(I.R.S.                Employer Identification No.)*  |
|                                                                                  |   |                                                        |
| **1209 16th              Ave South, Nashville, TN **                        |   |   **37212**                                  |
| *(Address of principal              executive offices)*                          |   | *(Zip              Code)*                              |

* *

**(615) 866-3001**

*(Registrant’s      telephone number, including area code) *

**None**

*Former      name, former address, and formal fiscal year if changed since last      report)*

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**EXPLANATORY      NOTE**

all      other      information included in the Original Filing remains unchanged and has been      omitted from the Amendment. The Amendment does not reflect events occurring      after the date of the Original Filing or modify or update any disclosures that      may have been affected by subsequent events. As required by Rule 12b-15 under      the Exchange Act, new certifications by the Company’s principal executive      officer and principal financial officer are filed as exhibits to the      Amendment.

|                                          | TABLE                OF CONTENTS                                                                                          | Page   |
|-----------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|--------|
|                                          |                                                                                                                      |   |
| PART                I - FINANCIAL INFORMATION |
| Item                1.                        | Financial                Statements                                                                                       | 2      |
| Item                2.                        | Management’s                Discussion and Analysis of Financial Condition and Results of                Operations | 4      |
| PART                II - OTHER INFORMATION    |
| Item                6.                        | Exhibits                                                                                                                  | 5      |

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**Item      1.**
**Financial      Statements.**

| **DEBUT                BROADCASTING CORPORATION, INC.**                                                   |   |
|-----------------------------------------------------------------------------------------------------------|--------|
| **CONDENSED                CONSOLIDATED STATEMENTS OF OPERATIONS AND ACCUMULATED                DEFICIT** |   |
| **(Unaudited)**                                                                                           |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |
|                                                                                                      |   | Three                Months Ended September 30, |   | Nine                Months Ended September 30, |   |
|                                                                                                      |   | 2007 |   | 2006 |   | 2007 |   | 2006 |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |
| Net                revenue                                                                                |   | $ | 264,530 |   | $ | 414,725 |   | $ | 528,605 |   | $ | 937,170 |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating                expenses                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Advertising                                                                                               |   |   | 6,580 |   |   | 6,367 |   |   | 14,358 |   |   | 6,368 |   |
| Operating                expense                                                                          |   |   | 683,003 |   |   | 369,908 |   |   | 1,234,620 |   |   | 908,794 |   |
| Depreciation                expense                                                                       |   |   | 26,611 |   |   | 4,580 |   |   | 38,023 |   |   | 13,741 |   |
| Merger                and acquisition related expenses                                                    |   |   | 57,634 |   |   | - |   |   | 397,462 |   |   | - |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                operating expenses                                                                   |   |   | 773,828 |   |   | 380,855 |   |   | 1,684,463 |   |   | 928,903 |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating                (loss) income                                                                    |   |   | (509,297 | ) |   | 60,870 |   |   | (1,178,095 | ) |   | 8,267 |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other                income and expense                                                                   |   |   |  |   |   |  |   |   |  |   |   |  |   |
| Interest                income                                                                            |   |   | (8,239 | ) |   | - |   |   | (18,334 | ) |   | - |   |
| Interest                expense                                                                           |   |   | 23,058 |   |   | 38,515 |   |   | 76,110 |   |   | 98,818 |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                other income and expense                                                             |   |   | 14,819 |   |   | 38,515 |   |   | 57,776 |   |   | 98,818 |   |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net                (loss) income                                                                          |   | $ | (524,116 | ) | $ | 22,355 |   | $ | (1,235,871 | ) | $ | (90,551 | ) |
|                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |

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**DEBUT      BROADCASTING CORPORATION, INC.**

**NOTES      TO THE CONSOLIDATED FINANCIAL STATEMENTS**

**SEPTEMBER      30, 2007**

**Note      10**
**Restatement      of Financial Statements**

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**Item      2.**
**Management’s      Discussion and Analysis of Financial Condition and Results of      Operations**

**Results      of Operations **

**For      the three months ended September 30, 2007 and 2006**

**For      the nine months ended September 30, 2007 and 2006**

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**Item      6.      Exhibits **

| **Exhibit                Number** |   | **Description                of Exhibit**                                                                                                                                                                                                 |
|-----------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 31.1                              |   | Certification                of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as                adopted                pursuant to Section 302 of the Sarbanes-Oxley Act of                2002                             |
|                              |   |                                                                                                                                                                                                                                      |
| 31.2                              |   | Certification                of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as                adopted                pursuant to Section 302 of the Sarbanes-Oxley Act of                2002                             |
|                              |   |                                                                                                                                                                                                                                      |
| 32.1                              |   | Certification                of Chief Executive Officer and Chief Financial Officer pursuant to                18                U.S.C. Section 1350, as adopted pursuant to Section 906 of the                Sarbanes-Oxley Act of 2002 |

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**SIGNATURES**

|                           |                                                           |                                 |
|--------------------------------|----------------------------------------------------------------|--------------------------------------|
|                           | DEBUT              BROADCASTING              CORPORATION, INC. |
|                      |                                                      |                            |
| November              13, 2008 |                                                           | /s/ Sariah              Hopkins |
|                           | Sariah              Hopkins                                    |
|                           | Chief Financial              Officer                           |

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**INDEX      TO EXHIBITS**

| **Exhibit                Number** |   | **Description                of Exhibit**                                                                                                                                                                                                 |
|-----------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 31.1                              |   | Certification                of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as                adopted                pursuant to Section 302 of the Sarbanes-Oxley Act of                2002                             |
|                              |   |                                                                                                                                                                                                                                      |
| 31.2                              |   | Certification                of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as                adopted                pursuant to Section 302 of the Sarbanes-Oxley Act of                2002                             |
|                              |   |                                                                                                                                                                                                                                      |
| 32.1                              |   | Certification                of Chief Executive Officer and Chief Financial Officer pursuant to                18                U.S.C. Section 1350, as adopted pursuant to Section 906 of the                Sarbanes-Oxley Act of 2002 |

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