UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                      Washington, D.C. 20549
                            FORM 10-QSB
(Mark One)
[X]                           QUARTERLY REPORT PURSUANT TO
                             SECTION 13 OR 15(d) OF THE
                             SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended: June 30, 2001

Or
[  ]                          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: 000-32231

                Media and Entertainment.com, Inc.
     (Exact name of registrant as specified in its charter)

            Nevada                          52-2236253
(State or other jurisdiction of  (I.R.S. Employer Identification
incorporation or organization)                 No.)

500 North Rainbow Blvd., Suite                89107
              300                           (Zip Code)
(Address of principal executive
           offices)

                         (702) 221-1935
      (Registrant's telephone number, including area code)

                               N/A
 (Former name, former address and former fiscal year, if changed
                       since last report)

  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:
    Indicate by check mark whether the registrant has filed all
 documents and reports required to be filed by Sections 12, 13 or
  15(d) of the Securities Exchange Act of 1934 subsequent to the
   distribution of securities under a plan confirmed by a court.
                          Yes [ ] No [ ]

               APPLICABLE ONLY TO CORPORATE ISSUERS:
 Indicate the number of shares outstanding of each of the issuer's
    classes of common stock, as of the latest practicable date:
                             5,404,750



PAGE-1


                 MEDIA AND ENTERTAINMENT.COM, INC.
                   (A Development Stage Company)


                         Table of Contents
                                                                    Page
PART I - FINANCIAL INFORMATION

   Item 1. Financial Statements

      Independent Accountant's Review Report                           5

      Balance Sheets as of June 30, 2001 and December 31, 2000         6

      Statements of Operations for the Three Months and Six Months     7

      Ending June 30, 2001 and 2000, and for the Period April 27,
      2000 (Inception) to June 30, 2001

      Statements of Cash Flows for the Six Months Ending June 30,      8
      2001 and 2000, and for the Period April 27, 2000 (Inception)
      to June 30, 2001

      Notes to Financial Statements                                    9

   Item 2. Management's Discussion and Plan of Operation              11

PART II - OTHER INFORMATION

   Item 6. Exhibits                                                   13

SIGNATURES                                                            14





PAGE-2




                 Media and Entertainment.com, Inc.
                   (A Development Stage Company)

                           Balance Sheet
                               as of
                           June 30, 2001
                       and December 31, 2000

                                and

                     Statements of Operations
            for the Three Months and Six Months Ending
                      June 30, 2001 and 2000,
                        and For the Period
            April 27, 2000 (Inception) to June 30, 2001

                                and

                            Cash Flows
                     for the Six Months Ending
                      June 30, 2001 and 2000,
                        and For the Period
            April 27, 2000 (Inception) to June 30, 2001



PAGE-3



                         TABLE OF CONTENTS



                                                     Page
                                                     ----
Independent Accountant's Review Report                 1

Balance Sheet                                          2

Statement of Operations                                3

Statement of Cash Flows                                4

Footnotes                                              5




PAGE-4




G. BRAD BECKSTEAD
Certified Public Accountant
                                                330 E. Warm Springs
                                                Las Vegas, NV 89119
                                                       702.528.1984
                                                425.928.2877 (efax)


              INDEPENDENT ACCOUNTANT'S REVIEW REPORT


Board of Directors
Media and Entertainment.com, Inc.
(a Development Stage Company)
Las Vegas, NV

I  have  reviewed  the  accompanying balance  sheet  of  Media  and
Entertainment.com, Inc. (a Nevada corporation) (a development stage
company)  as  of  June  30,  2001 and  the  related  statements  of
operations for the three-months and six-months ended June 30,  2001
and  2000 and for the period April 27, 2000 (Inception) to June 30,
2001,  and statements of cash flows for the six-month period ending
June  30,  2001  and  2000  and  for  the  period  April  27,  2000
(Inception) to June 30, 2001.  These financial statements  are  the
responsibility of the Company's management.

I  conducted my reviews in accordance with standards established by
the  American Institute of Certified Public Accountants.  A  review
of  interim financial information consists principally of  applying
analytical  procedures to financial data, and making  inquiries  of
persons  responsible for financial and accounting matters.   It  is
substantially  less in scope than an audit conducted in  accordance
with generally accepted auditing standards, which will be performed
for  the  full  year  with the objective of expressing  an  opinion
regarding  the financial statements taken as a whole.  Accordingly,
I do not express such an opinion.

Based  on  my reviews, I am not aware of any material modifications
that  should  be  made  to  the accompanying  financial  statements
referred  to  above  for  them to be in conformity  with  generally
accepted accounting principles.

The  accompanying financial statements have been prepared  assuming
the Company will continue as a going concern.  As discussed in Note
3  to  the  financial  statements,  the  Company  has  had  limited
operations  and  has  not commenced planned  principal  operations.
This  raises substantial doubt about its ability to continue  as  a
going  concern.  Management's plans in regard to these matters  are
also  described in Note 3.  The financial statements do not include
any  adjustments  that  might  result  from  the  outcome  of  this
uncertainty.

I have previously audited, in accordance with generally accepted
auditing standards, the balance sheet of Media and
Entertainment.com, Inc. (a development stage company) as of
December 31, 2000, and the related statements of operations,
stockholders' equity, and cash flows for the year then ended (not
presented herein) and in my report dated February 27, 2001, I
expressed an unqualified opinion on those financial statements.



/s/G. Brad Beckstead, CPA

August 10, 2001


PAGE-5-F1


                  PART I - FINANCIAL INFORMATION
              Item 1. Unaudited Financial Statements

                 Media and Entertainment.com, Inc.

                   (a Development Stage Company)

                           Balance Sheet

                                      (unaudited)      December
                                        June 30,       31, 2000
                                          2001
                                      ------------  ------------
Assets

Current assets:
     Cash                               $   1,349    $   93,938
          Total current assets              1,349        93,938
                                          -------       -------
     Prepaid expenses                     117,869             -

                                        $ 119,218    $   93,938
                                         ========      ========
Liabilities and Stockholders'
Equity

Current liabilities                     $  10,000    $   10,000
                                          -------      --------
Stockholders' equity:
     Preferred stock, $0.001 par                -             -
value, 5,000,000
        shares authorized, zero
shares issued and
        outstanding at 6/30/01 and
12/31/00
     Common stock, $0.001 par               5,405         4,950
value, 20,000,000 shares
        authorized, 5,404,750 and
4,949,750 shares issued and
        outstanding at 6/30/01 and
12/31/00, respectively
     Additional paid-in capital           301,745       173,525
     Deficit accumulated during          (197,932)      (94,537)
development stage                        ---------      --------
                                          109,218        83,938

                                       $  119,218    $   93,938
                                         ---------      --------




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


PAGE-6-F2


                 Media and Entertainment.com, Inc.
                   (a Development Stage Company)
                      Statement of Operations
                            (unaudited)
 For the Three Months and Six Months Ending June 30, 2001 and 2000
  and For the Period April 27, 2000 (Inception) to June 30, 2001


                                                                    April 27,
                                  Three Months      Six Months        2000
                                     Ending           Ending      (inception)
                                                                       to
                                    June 30,         June 30,       June 30,

                                   2001     2000     2001   2000       2001
                                -------------------------------------------

        Revenue                       $        $        $      $          $
                                      -        -        -      -          -
                                -------------------------------------------
        Expenses:
             General and         18,835    6,712   35,582  6,712     98,807
        administrative expenses
             General and         31,312        -   67,813      -     99,125
        administrative expenses -------------------------------------------
             - related party
                  Total          50,147    6,712  103,395  6,712    197,932
        expenses                -------------------------------------------

        Net (loss)                    $        $        $      $          $
                                (50,147)  (6,712)(103,395)(6,712)  (197,932)
                                -------------------------------------------

        Weighted average number
        of
             common shares   4,949,750 3,250,000 4,949,750 3,250,000 3,967,760
        outstanding          --------- --------- --------- --------- ---------

        Net (loss) per share          $        $        $      $          $
                                 (0.01)        -   (0.02)      -     (0.05)
                             ========= ========= ========= ========= =========



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


PAGE-7-F3


                 Media and Entertainment.com, Inc.
                   (a Development Stage Company)
                      Statement of Cash Flows
                            (unaudited)
         For the Six Months Ending June 30, 2001 and 2000
  and For the Period April 27, 2000 (Inception) to June 30, 2001


                                                          April
                                                         27, 2000
                                   Six Months Ending     (Inception)
                                       June 30,              to
                                                         June 30,
                                    2001       2000        2001
Cash flows from operating          -------    -------    --------
activities
Net (loss)                               $          $           $
                                  (103,935)    (6,712)   (197,932)

Stock issued for services           10,806          -      10,806
Adjustment to reconcile net
(loss)
to net cash (used) by
operations:
     Increase in accounts                -          -      10,000
payable                             ------     ------     -------
Net cash (used) by operating       (92,589)    (6,712)   (177,126)
activities

Cash flows from investing
activities
Net cash used by investing               -          -           -
activities                          ------     ------     -------

Cash flows from financing
activities
     Issuance of common stock            -      3,250       4,950
     Additional paid-in capital          -      5,250     173,525
Net cash provided by financing           -      8,500     178,475
activities                          ------     ------     -------

Net (decrease) increase in cash    (92,589)     1,788       1,349

Cash - beginning                    93,938          -           -
Cash - ending                            $          $           $
                                     1,349      1,788       1,349
                                    ======     ======     =======
Supplemental disclosure:
     Interest paid                       $          $           $
                                         -          -           -
     Income taxes paid                   $          $           $
                                         -          -           -

Non-cash transactions:
     Number of shares issued       455,000          -     203,567
for services                       =======      =====     =======





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


PAGE-8-F4


                 Media and Entertainment.com, Inc.
                   (A Development Stage Company)
                               Notes


Note 1 - Basis of presentation

The  interim  financial statements included  herein,  presented  in
accordance   with  United  States  generally  accepted   accounting
principles  and  stated in US dollars, have been  prepared  by  the
Company,  without audit, pursuant to the rules and  regulations  of
the  Securities  and Exchange Commission.  Certain information  and
footnote  disclosures  normally included  in  financial  statements
prepared   in   accordance  with  generally   accepted   accounting
principles  have been condensed or omitted pursuant to  such  rules
and regulations, although the Company believes that the disclosures
are adequate to make the information presented not misleading.

These  statements  reflect all adjustments,  consisting  of  normal
recurring  adjustments,  which, in the opinion  of  management  are
necessary  for  fair  presentation  of  the  information  contained
therein.   It is suggested that these interim financial  statements
be read in conjunction with the financial statements of the Company
for the year ended December 31, 2000 and notes thereto included  in
the  Company's 10-KSB annual report.  The Company follows the  same
accounting policies in the preparation of interim reports.

Note 2 - Stockholders' equity

On  June  7, 2001, the Company issued 455,000 shares of its  $0.001
par  value  common  stock  in exchange for  a  one-year  management
consulting agreement with 2 individuals.  The management consulting
services are valued at $129,675.

There have been no other issuances of common or preferred stock.

Note 3 - Going concern

These financial statements have been prepared in accordance with
generally accepted accounting principles applicable to a going
concern, which contemplates the realization of assets and the
satisfaction of liabilities and commitments in the normal course of
business.  As at June 30, 2001, the Company has not recognized
revenue to date and has accumulated operating losses of
approximately $187,126 since inception.  The Company's ability to
continue as a going concern is contingent upon the successful
completion of additional financing arrangements and its ability to
achieve and maintain profitable operations.  Management plans to
raise equity capital to finance the operating and capital
requirements of the Company.  Amounts raised will be used for
further development of the Company's products, to provide financing
for marketing and promotion, to secure additional property and
equipment, and for other working capital purposes.  While the
Company is expending its best efforts to achieve the above plans,
there is no assurance that any such activity will generate funds
that will be available for operations.


PAGE-9-F5


                 Media and Entertainment.com, Inc.
                   (A Development Stage Company)
                               Notes


Note 4 - Related party transactions

The president of the company received $67,813 in compensation for
services rendered for the six months ended June 30, 2001 detailed
as follows:

     Expense             Amount
     --------------     -------
     Advertising       $  1,000
     Administration       2,000
     Architect           12,000
     Professional fees   33,813
     Web design          19,000


The officers and directors of the Company are involved in other
business activities and may, in the future, become involved in
other business opportunities.  If a specific business opportunity
becomes available, such persons may face a conflict in selecting
between the Company and their other business interests.  The
Company has not formulated a policy for the resolution of such
conflicts.

Note 5 - Advertising

The Company expenses advertising costs as they are incurred.  For
the period ended June 30, 2001, the president of the Company
provided advertising services in the amount of $1,000.  Total
advertising for the period ended 6/30/01 is $4,271.

Note 6 - Commitments

One  June 30, 2001, the Company authorized a letter of intent  with
Matthews  Affiliated  Productions whereby  the  Company  wishes  to
purchase  all  of  the assets of Matthews in exchange  for  100,000
shares  of $0.001 par value common stock.  In addition the  Company
will  enter into an employment agreement with the current president
of  Matthews that will include a base salary of $60,000  and  stock
options  based upon the performance of Matthews with a  maximum  of
100,000  shares of $0.001 par value common stock.  The  transaction
will  be treated as a "reverse merger" in that Matthews will become
the surviving entity.

Note 7 - Subsequent events

On July 28, 2001, the Company signed an asset purchase agreement
with Matthews Affiliated Productions with the terms described
above.

On July 31, 2001, the Company issued 300,000 shares of its $0.001
par value common stock in exchange for a one-year management
consulting agreement with 2 individuals who are shareholders.  The
management consulting services are valued at $75,000.  Those 2
individuals were also issued a total 455,000 shares of $0.001 par
value common stock of the Company on June 7, 2001 for management
consulting services.

On August 1, 2001, the Company signed a letter of intent with
Nexcode, Inc. whereby the Company wished to purchase certain assets
of Nexcode in exchange for common stock of the Company.  The
Company shall issue employment agreements to 3 employees of
Nexcode.  In addition, the Company will provide a minimum amount of
working capital in the amount of $40,000 and will attempt to raise
a minimum of $250,000 of capital to set up infrastructure for and
to develop Nexcode products.


PAGE-10-F6


       Item 2. Management's Discussion and Plan of Operation

Forward-Looking Statements

     This Quarterly Report contains forward-looking statements
about our business, financial condition and prospects that reflect
management's assumptions and beliefs based on information currently
available.  We cannot assure you that the expectations indicated by
such forward-looking statements will be realized.  If any of our
management's assumptions should prove incorrect, or if any of the
risks and uncertainties underlying such expectations should
materialize, Media and Entertainment.com, Inc.'s actual results
will differ from those indicated by the forward-looking statements.

     The key factors that are not within our control and that may
have a direct bearing on operating results include, but are not
limited to, acceptance of our services, our ability to expand our
customer base, managements' ability to raise capital in the future,
the retention of key employees and changes in the regulation of our
industry.

     There may be other risks and circumstances that management may
be unable to predict.  When used in this Quarterly Report, words
such as,  "believes,"  "expects," "intends,"  "plans,"
"anticipates,"  "estimates" and similar expressions are intended to
identify forward-looking statements, although there may be certain
forward-looking statements not accompanied by such expressions.
All forward-looking statements are intended to be covered by the
safe harbor created by Section 21E of the Securities Exchange Act
of 1934.

General

     Media and Entertainment.com, Inc. is a developmental stage
company that plans to provide a full spectrum advertising, media
management and communications technology service package to the
motion picture industry.

     Our goal is to create a seamless system of advertising,
marketing, and distribution that our customers (primarily
production and publishing companies) will find easy to use and
Internet surfers will find simple to access.  This goal is
apparently within reach with our current prototype plan.  However,
at this time, we are still in the process of finalizing specific
features and contracting with software vendors to undertake the
programming work.

     Our services utilizing the latest in digital and streaming
technology should lead to more efficient and effective
dissemination of traditional "cinema" advertising materials.  An
advantage of using movie and video clips on the Internet is that
the client is not restricted by 60 seconds - the typical length of
a television commercial or a theater preview for a film.  We
believe that excerpting video and audio productions in interactive,
real time vignettes for the business-to-business and consumer
target audiences will enhance ticket sales and the sale of
ancillary promotional products such as posters, T-shirts, etc.

Results of Operations

     Revenues

     We did not generate any revenues since our inception.  In the
past several months, we focused our efforts on the development of
our Interactive Press Kit.  We believe that our initial revenues
will be primarily dependent upon our ability to cost effectively
and efficiently develop our products and services.  Our priorities
for the next 12 months of operations are to continue to develop and
subsequently market our products and services to establish our
business in the advertising software industry.  There are no
guarantees that we will be able to begin generating revenues or
that we will attain profitability.

     Expenses

     We incurred expenses for the three months ending June 30, 2001
of $50,147, as compared to $6,712 for the same period last year.
Year to date, our expenses have totaled $103,395.  Since April 27,
2000, the date of our formation, we realized expenses of $197,932.
These expenditures were primarily due to costs incurred for
consulting fees and general and administrative expenses.


PAGE-11-F7


     Of the total expenses of $50,147 for the quarter ended June
30, 2001, approximately 62%, or $31,312, were paid to our
president, Mr. Roger Paglia.  In lieu of outsourcing certain
services, we contracted Mr. Paglia to provide such services on an
as-needed basis.  Mr. Paglia has agreed to provide these services
to us below market rates.

     Net Loss

     We had a net loss of $50,147 for the three months ended June
30, 2001.  For the six months ended June 30, 2001, we incurred a
net loss of $103,395, or $0.02 per share.  Our net loss was
attributable to expenses related to the operation of our business.

Liquidity and Capital Resources

     Our management anticipates that we will continue to have
negative cash flows for at least the next six to 12 months.  We do
not believe that our current financial resources will be sufficient
to sustain our business for the period through December 31, 2001.
Our ability to continue as a going concern is dependent on our
ability to obtain additional equity and/or debt financing to fund
our operations, as well as to complete the development of our
products and services to begin generating revenues.  In the event
we are unable to generate sufficient sustainable revenues to meet
our financial obligations, we will have to cease or curtail our
operations.

Commitments

     On June 30, 2001, we authorized a letter of intent with
Matthews Affiliated Productions, Inc. to purchase all of the assets
of Matthews in exchange for 100,000 shares of our $0.001 par value
common stock.  In addition, we will enter into an employment
agreement with the current president of Matthews that will include
a base salary of $60,000 and stock options based upon the
performance of Matthews up to a maximum of 100,000 shares of $0.001
par value common stock.  On July 28, 2001, we entered into an asset
purchase agreement with Matthews under the same terms delineated
above.

     On August 1, 2001, we signed a letter of intent with Nexcode,
Inc. to purchase assets of Nexcode in exchange for our common
stock.  We shall issue employment agreements to three employees of
Nexcode.  In addition, we will provide a minimum amount of working
capital in the amount of $40,000 and will attempt to raise a
minimum of $250,000 of capital to set up infrastructure for and to
develop Nexcode products.



PAGE-12-F8



                    PART II - OTHER INFORMATION

                         Item 6. Exhibits

Exhibit     Name and/or Identification of Exhibit
Number

  3         Articles of Incorporation & By-Laws

                 (a) Articles of Incorporation filed April 27, 2000.
                 Incorporated by reference to the exhibits to our
                 General Form For Registration Of Securities Of Small
                 Business Issuers on Form 10-SB, previously filed
                 with the Commission.

                (b)By-Laws adopted May 19, 2000.  Incorporated by
                reference to the exhibits to our General Form For
                Registration Of Securities Of Small Business Issuers
                on Form 10-SB, previously filed with the Commission.

  23       Consent of Experts and Counsel

                Consents of independent public accountants



PAGE-13



                            SIGNATURES

Pursuant to the requirements of the Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.

                 Media and Entertainment.com, Inc.
-------------------------------------------------------------------
                        (Registrant)



Date:     May 9, 2001


By:           /S/ JON JANNOTTA
             ------------------------------------------
              Jon Jannotta, Vice President and Director




PAGE-14