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: March 31, 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:
                             4,949,750

<PAGE>


                 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                         4

Balance Sheets as of March 31, 2001 and December 31, 2000      5

Statements of Operations for the Three Months Ending March     6
31, 2001 and for the Period April 27, 2000 (Inception) to
March 31, 2001

Statements of Cash Flows for the Three Months Ending March     7
31, 2001 and For the Period April 27, 2000 (Inception) to
March 31, 2001

Notes to Financial Statements                                  8

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

PART II - OTHER INFORMATION

Item 6. Exhibits                                               12

SIGNATURES                                                     13





<PAGE>



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

                           Balance Sheet
                               as of
                          March 31, 2001
                        and March 31, 2000

                                and

                     Statements of Operations,
                                and
                            Cash Flows
                    for the Three Months Ending
                     March 31, 2001 and 2000,
                        and For the Period
           April 27, 2000 (Inception) to March 31, 2001



<PAGE>




                         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>


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  March  31,  2001 and the  related  statements  of
operations for the three-months ended March 31, 2001 and  2000  and
for  the  period April 27, 2000 (Inception) to March 31, 2001,  and
statements  of cash flows for the three-month period  ending  March
31, 2001 and 2000 and for the period April 27, 2000 (Inception)  to
March  31, 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
5  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 5.  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

May 4, 2001


<PAGE>


                  PART I - FINANCIAL INFORMATION
              Item 1. Unaudited Financial Statements

                 Media and Entertainment.com, Inc.

                   (a Development Stage Company)

                           Balance Sheet

                                        (unaudit      December
                                           ed)        31, 2000
                                          March
                                        31, 2001
Assets

Current assets:
     Cash                                       $             $
                                           40,690        93,938
          Total current assets             40,690        93,938

                                                $             $
                                           40,690        93,938


Liabilities and Stockholders'
Equity

Current liabilities                             $             $
                                           40,690        40,690

Stockholders' equity:
     Preferred stock, $0.001 par                -             -
value, 5,000,000
        shares authorized, zero
shares issued and
        outstanding at 3/31/01 and
12/31/00

     Common stock, $0.001 par               4,950         4,950
value, 20,000,000 shares
        authorized, 4,949,750
shares issued and
        outstanding at 3/31/01 and
12/31/00

     Additional paid-in capital           173,525       173,525

     Deficit accumulated during          (147,785)     (94,537)
development stage                        ---------     --------
                                           30,690        83,938
                                         ---------     --------

                                         $ 40,690      $ 93,938
                                         =========     ========



  The Accompanying Notes are an Integral Part of These Financial
                            Statements.


<PAGE>


                 Media and Entertainment.com, Inc.
                   (a Development Stage Company)
                      Statement of Operations
                            (unaudited)
        For the Three Months Ending March 31, 2001 and 2000
  and For the Period April 27, 2000 (Inception) to March 31, 2001


                            Three Months Ending       April 27,
                                                         2000
                                                     (Inception)
                                                          to
                                 March 31,            March 31,
                             2001         2000           2001
                           ---------     --------    ------------

Revenue                            $            $               $
                                   -            -               -


Expenses:
     General                  53,248            -         147,785
administrative               -------       -------        -------
expenses
        Total expenses        53,248            -         147,785
                             -------       -------        -------

Net loss                           $            $               $
                            (53,248)            -       (147,248)
                          ==========       =======      =========

Weighted average           4,949,750            -       4,949,750
number of                 ==========       =======      =========
   common shares
outstanding


Net loss per share                 $            $               $
                              (0.01)            -          (0.03)
                            ========       ========     =========


  The Accompanying Notes are an Integral Part of These Financial
                            Statements.


<PAGE>


                 Media and Entertainment.com, Inc.
                   (a Development Stage Company)
                      Statement of Cash Flows
                            (unaudited)
        For the Three Months Ending March 31, 2001 and 2000
  and For the Period April 27, 2000 (Inception) to March 31, 2001


                                                          April
                                                         27, 2000
                                  Three Months Ending    (Incepti
                                       March 31,          on) to
                                                          March
                                                           31,
                                    2001       2000        2001
Cash flows from operating          -------    -------   ---------
activities
Net (loss)                               $          $           $
                                  (53,248)          -    (147,785)

Increase in accounts payable             -          -      10,000
Net cash (used) by operating      (53,248)          -    (137,785)
activities

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

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

Net (decrease) increase in cash   (53,248)          -      40,690

Cash - beginning                    93,938          -           -
Cash - ending                            $          $           $
                                    40,690          -      40,690
                                    =======    =======     =======
Supplemental disclosure:
     Interest paid                       $          $           $
                                         -          -           -
                                    =======    =======     =======
     Income taxes paid                   $          $           $
                                         -          -           -
                                    =======    =======     =======


  The Accompanying Notes are an Integral Part of These Financial
                            Statements.


<PAGE>



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


Note 1 - History and organization of the company

The Company was organized April 27, 2000 (Date of Inception) under
the laws of the State of Nevada.  The Company has no operations and
in accordance with SFAS #7, the Company is considered a development
stage company.  The Company is authorized to issue 20,000,000 shares
of $0.001 par value common stock and 5,000,000 of its $0.001 par
value common stock.

Note 2 - Summary of significant accounting policies

Accounting method
 The Company reports income and expenses on the accrual method.

Estimates
 The   preparation   of  financial  statements  in  conformity   with
 generally  accepted  accounting principles  requires  management  to
 make  estimates and assumptions that affect the reported amounts  of
 assets  and  liabilities  and disclosure of  contingent  assets  and
 liabilities  at  the  date  of  the  financial  statements  and  the
 reported  amounts  of  revenue  and expenses  during  the  reporting
 period.  Actual results could differ from those estimates.

Cash and cash equivalents
 The  Company  maintains  a  cash balance in  a  non-interest-bearing
 account  that  currently does not exceed federally  insured  limits.
 For  the purpose of the statements of cash flows, all highly  liquid
 investments  with an original maturity of three months or  less  are
 considered  to  be cash equivalents.  There are no cash  equivalents
 as of March 31, 2001.

Reporting on the costs of start-up activities
 Statement  of Position 98-5 (SOP 98-5), "Reporting on the  Costs  of
 Start-Up  Activities,"  which provides  guidance  on  the  financial
 reporting of start-up costs and organizational costs, requires  most
 costs  of  start-up  activities  and  organizational  costs  to   be
 expensed  as  incurred.   SOP  98-5 is effective  for  fiscal  years
 beginning  after December 15, 1998.  With the adoption of SOP  98-5,
 there  has  been  little  or no effect on  the  Company's  financial
 statements.

Loss per share
 Net  loss  per  share is provided in accordance  with  Statement  of
 Financial  Accounting Standards No. 128 (SFAS  #128)  "Earnings  Per
 Share".   Basic  loss  per  share is  computed  by  dividing  losses
 available  to common stockholders by the weighted average number  of
 common shares outstanding during the period.  As of March 31,  2001,
 the  Company had no dilutive common stock equivalents, such as stock
 options or warrants.

Dividends
 The  Company  has  not yet adopted any policy regarding  payment  of
 dividends.    No   dividends  have  been  paid  or  declared   since
 inception.

Year end
 The Company has adopted December 31 as its fiscal year end.

Note 3 - Income taxes

Income taxes are provided for using the liability method of
accounting in accordance with Statement of Financial Accounting
Standards No. 109 (SFAS #109) "Accounting for Income Taxes".  A
deferred tax asset or liability is recorded for all temporary
differences between financial and tax reporting.  Deferred tax
expenses (benefit) results from the net change during the year of
deferred tax assets and liabilities.

There is no provision for income taxes for the year ended December
31, 2000 and for the period ended March 31, 2001, due to the net loss
and no state income tax in Nevada.


<PAGE>

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


Note 4 - Stockholders' Equity

The Company is authorized to issue 20,000,000 shares of its $0.001
par value common stock and 5,000,000 shares of its $0.001 par value
preferred stock.

On May 3, 2000, the Company issued 3,250,000 shares of its $.001 par
value common stock for cash of $8,500.  Of the total, $3,250 is
considered common stock and $5,250 is considered additional paid-in
capital.

On December 31, 2000, the Company closed its Reg. D, Rule 504 of the
1933 Securities Act offering.  Pursuant to the offering, the Company
issued 1,699,750 shares of $.001 par value common stock at $.10 per
share for total cash, net of $1,300 of offering costs, of $169,975.
Of the total, $1,700 is considered common stock, and $168,275 is
considered additional paid-in capital.

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

Note 5 - Going concern

The Company's financial statements are prepared using the generally
accepted accounting principles applicable to a going concern, which
contemplates the realization of assets and liquidation of liabilities
in the normal course of business.  However, the Company has not
commenced its planned principal operations.  Without realization of
additional capital, it would be unlikely for the Company to continue
as a going concern.

Note 6 - Related party transactions

The Company rents office space from JBS Executive Suites, LLC, a
company owned by one of the Company's shareholders.  Total rent for
the period ended 3/31/00 is $0.

The president of the company received $36,500 in compensation for
consulting services for the period ended March 31, 2001.  The
consulting fees include research and development in the amount of
$8,500, outside consultant fees of $12,000, and web site development
of $16,000.  All expenses were incurred in proceeding with the
companies business plan.

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 7 - Warrants and options

There are no warrants or options outstanding to acquire any
additional shares of common stock.

Note 8 - Commitments

The Company entered into a consulting agreement with
GoPublicCentral.com for services relating to its public offerings,
investor relations, and corporate matters for a total of $50,000.  As
of 3/31/00, the Company paid $40,000.  The remaining $10,000 is
accrued in accounts payable.


<PAGE>


       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 March 31,
2001 of $53,248.  Since April 27, 2000, the date of our formation,
we realized expenses of $147,785.  These expenditures were
primarily due to costs incurred for consulting fees and general and
administrative expenses.

     Net Loss

<PAGE>


     We had a net loss of $53,248 for the three months ended March
31, 2001.  The net loss was attributable to expenses related to the
operation of our business.

Liquidity and Capital Resources

     Our management anticipates that we will have negative cash
flows for at least the next six to 12 months.  We using the
proceeds from our offerings of securities for working capital
needs, including marketing, professional and consulting fees and
the expenses related to attaining our goal of positioning ourselves
as a publicly traded and listed entity.  We intend to retain
earnings, if any, for use in the operation and expansion of our
business.  Consequently, we do not anticipate paying any cash
dividends on our common stock to stockholders in the foreseeable
future.

     We continue to 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.


<PAGE>


                    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>


                            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:  _________________________________

     Jon Jannotta, Vice President and Director