**UNITED
      STATES**


**SECURITIES
      AND EXCHANGE COMMISSION**


Washington,
      DC 20549





**FORM
      10-QSB**





[X]
            Quarterly
                Report pursuant to Section 13 or 15(d) of the Securities Exchange
                Act of
                1934For
                the quarterly period endedNovember
                30, 2007[
                ]
            Transition
                Report pursuant to 13 or 15(d) of the Securities Exchange Act of
                1934For
                the transition periodto__________Commission
                File Number:333-144910





Buzz
      Media, Ltd.


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




Nevada
            ___________________(State
                or other jurisdiction of incorporation or organization)
            (IRS
                Employer Identification No.)







11
                Thornhill Drive, Suite 216, Dartmouth, Nova Scotia B3B
                1R9(Address
                of principal executive offices)





902-482-6489(Issuer’s
                telephone number)_______________________________________________________________(Former
                name, former address and former fiscal year, if changed since last
                report)





Check
      whether the issuer (1) 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 issuer was required to file such reports),
      and
      (2) has been subject to such filing requirements for the past 90 days [X] Yes
      [
      ] No





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





State
      the
      number of shares outstanding of each of the issuer’s classes of common stock, as
      of the latest practicable date: 2,000,010 common shares as of November 30,
      2007.





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




Table
          of Contents







TABLE
                OF CONTENTS
            PagePART
                I - FINANCIAL INFORMATIONItem
                1.
            Financial
                Statements
            3Item
                2.
            Plan
                of Operation
            4Item
                3.
            Controls
                and Procedures
            16PART
                II - OTHER INFORMATIONItem
                1.
            Legal
                Proceedings
            17Item
                2.
            Unregistered
                Sales of Equity Securities and Use of
                Proceeds
            17Item
                3.
            Defaults
                Upon Senior Securities
            17Item
                4.
            Submission
                of Matters to a Vote of Security
                Holders
            17Item
                5.
            Other
                Information
            17Item
                6.
            Exhibits
            17


Table
          of Contents


**PART
      I - FINANCIAL INFORMATION**





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





Our
      unaudited interim
      consolidated financial statements included in this Form 10-QSB are as
      follows:




**Page**
            Consolidated
                Financial Statements:F-1
            Consolidated
                Balance Sheet (Unaudited) as of November 30,
                2007F-2
            Consolidated
                Statement of Operations (Unaudited) for the three
                and six months ended November 30, 2007 and for the period from October
                26,
                2006 (date of inception) through November 30, 2007F-3
            Consolidated
                Statement of Cash Flows (Unaudited) for the three
                and six months ended November 30, 2007 and for the period from October
                26,
                2006 (date of inception) through November 30, 2007F-4
            Consolidated
                Statement of Stockholders’ Equity (Unaudited) for
                the three months ended November 30, 2007 and for the period from
                October
                26, 2006 (date of inception) through November 30,
                2007F-5
            Notes
                to Consolidated Financial
                Statements




These
      unaudited interim consolidated financial statements have been prepared in
      accordance with accounting principles generally accepted in the United States
      of
      America for interim financial information and the SEC instructions to Form
      10-QSB. In the opinion of management, all adjustments considered necessary
      for a
      fair presentation have been included. Operating results for the interim period
      ended November 30, 2007 are not necessarily indicative of the results that
      can
      be expected for the full year.


3
 Table
          of Contents


**BUZZ
          MEDIA LTD.** **AND
            CONSOLIDATED SUBSIDIARY**
 ***(A
              Development Stage Company)***
 ******Consolidated
              Balance
              Sheets******
 ***(Expressed
                in US Dollars)*** ***(Unaudited-Prepared
                  by Management)***




Note
      2 -
      Basis of Presentation - going concern




November
                  30
                2007
              
              
              May
                  30
                2007ASSETSCURRENT
                ASSETSCash
              $
              22,225
              
              $
              69,527Prepaid
                  expense
              
              361
              
              
              361Total
                  current assets
              
              22,586
              
              
              69,888Fixed
                  Assets, net of accumulated depreciation
              
              476
              
              
              -Total
                  assets
              $
              23,062
              
              $
              69,888LIABILITIES
                  AND STOCKHOLDERS' EQUITYCURRENT
                  LIABILITIESAccounts
                  payable$
              5,085
              
              $
              2,202Accrued
                  liabilities
              
              10,300
              
              
              20,000Total
                  current liabilities
              
              15,385
              
              
              22,202COMMITMENTSSTOCKHOLDERS'
                  EQUITYCommon
                  stockAuthorized
                  50,000,000 shares at par value of $0.001 each Issued
                  and outstanding 2,000,010
              
              2,000
              
              
              2,000Additional
                  paid-in capital
              
              73,000
              
              
              73,000Accumulated
                  other comprehensive income
              
              411
              
              
              457Accumulated
                  (deficit) during development stage
              
              (67,734)
              
              
              (27,771)Total
                  stockholders' equity
              
              7,677
              
              
              47,686Total
                  liabilities and stockholder's equity
              $
              23,062
              
              $
              69,888








F-1
 Table
          of Contents


**BUZZ
        MEDIA LTD.**


**AND
        CONSOLIDATED SUBSIDIARY**
 ***(A
        Development Stage Company)***
 ***Consolidated
            Statement of Operations***
 ***(Expressed
            in US Dollars)***
 ***(Unaudited-Prepared
            by Management)***
  Three months
                ended
                  November
                30,
                  2007
              
              
              Six months
                ended
                Novmeber
                  30,
                2007
              
              
              Cumulative
                  from date
                of
                  inception
                October
                  26,2006
                  to
                November
                  30, 2007EXPENSESProfessional
                  fees
              $
              17,536
              
              $
              30,036
              
              $
              50,036Advertising
                  and Promotion
              
              1,250
              
              
              1,731
              
              
              2,905Depreciation
              
              16
              
              
              16
              
              
              16General
                  and administrative
              
              2,383
              
              
              8,180
              
              
              12,949Travel
              
              -
              
              
              -
              
              
              1,828Total
                  expenses
              
              21,185
              
              
              39,963
              
              
              67,734Net
                  (loss) for the period
              $
              (21,185)
              
              $
              (39,963)
              
              $
              (67,734)Other
                  comprehensive incomeForeign
                  currency translation
              
              (19
              )
              
              (46)
              
              
              411Comprehensive
                  income
              $
              (21,204
              )
              $
              (40,009)
              
              $
              (67,323)Net
                  loss per common share - basic and fully diluted:Net
                  (loss) for the period
              $
              (0.01
              )
              $
              (0.02)
              
              $Weighted
                  average number of common stock outstanding2,000,010
              
              
              2,000,010




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




F-2
 Table
          of Contents


**BUZZ
        MEDIA LTD.** **AND
          CONSOLIDATED SUBSIDIARY** ***(A
            Development Stage Company)*** ***Consolidated
                Statements of Cash Flows***
 ***(Expressed
                in US Dollars)***
 ***(Unaudited-Prepared
                by Management)***
  Three
                            months ended
                          November
                            30, 2007
                        
                        
                        Six
                            months ended
                          November
                            30, 2007
                        
                        
                        Cumulative
                            from date of inception
                          October
                            26, 2006
                          to
                            November 30, 2007Cash
                          (used in) operating activities:Net
                            (loss)
                        $
                        (21,185)
                        
                        $
                        (39,963)
                        
                        $
                        (67,734)Adjustments
                            to reconcile net loss to net cash used in operating
                            activities:Net
                            change in operating assets and liabilities:Depreciation
                        
                        16
                        
                        
                        16
                        
                        
                        16Prepaid
                            expense
                        
                        -
                        
                        
                        -
                        
                        
                        (361)Accounts
                            payable
                        
                        5,085
                        
                        
                        2,883
                        
                        
                        5,085Accrued
                            liabilities
                        
                        (8,740)
                        
                        
                        (9,700)
                        
                        
                        10,300Net
                            cash (used in) operating activities(24,824)
                        
                        
                        (46,764)
                        
                        
                        (52,694)Investing
                            Activities:Purchase
                            of fixed assets
                        
                        (492)
                        
                        
                        (492)
                        
                        
                        (492)Net
                            cash (used in) investing activities
                        
                        (492)
                        
                        
                        (492)
                        
                        
                        (492)Cash
                            from financing activities:Issue
                            of shares
                        
                        -
                        
                        
                        -
                        
                        
                        75,000Net
                            cash from financing activities
                        
                        -
                        
                        
                        -
                        
                        
                        75,000Effect
                            of exchange rate changes on cash
                        
                        (19)
                        
                        
                        (46)
                        
                        
                        411Increase
                            (decrease) in cash
                        
                        (25,335)
                        
                        
                        (47,302)
                        
                        
                        22,225Cash,
                            beginning of period
                        
                        47,560
                        
                        
                        69,527
                        
                        
                        -Cash,
                            end of period
                        $
                        22,225
                        
                        $
                        22,225
                        
                        $
                        22,225


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




F-3
 Table
          of Contents


**BUZZ
        MEDIA LTD.** **AND
          CONSOLIDATED SUBSIDIARY** ***(An
            Development Stage Company)*** ***Consolidated
                Statement of Stockholders' Equity
                (Deficit)***
 ***(Expressed
                in US Dollars)***
 ***(Unaudited-Prepared
                by Management)***


Common
                  Stock
              
              Amount
              
              Accumulated
                Other
                  Comprehensive Income (loss)
              
              Additional
                Paid
                  in
                Capital
              
              (Deficit)
                  Accumulated During Development
                Stage
                  from Inception to November 30, 2007
              
              Stockholders’
                  Equity (Deficit)Balance
                  at inception, October 26, 2006
              
              -
              
              $
              -
              
              $
              -
              
              $
              -
              
              $
              -
              
              $
              -Shares
                  issued at $0.001 per share for acquisition of subsidiary November
                  5,
                  2006
              
              10
              
              
              -
              
              
              -
              
              
              -
              
              
              -
              
              
              -Shares
                  issued at $0.02 per share pursuant to subscription February 01,
                  2007
              
              1,250,000
              
              
              1,250
              
              
              -
              
              
              23,750
              
              
              -
              
              
              25,000Shares
                  issued at $0.04 per share pursuant to subscription February 28,
                  2007
              
              625,000
              
              
              625
              
              
              -
              
              
              24,375
              
              
              -
              
              
              25,000Shares
                  issued at $0.2 per share pursuant to subscriptions April 30,
                  2007
              
              125,000
              
              
              125
              
              
              -
              
              
              24,875
              
              
              -
              
              
              25,000Net
                  income (loss) for the year
              
              -
              
              
              -
              
              
              457
              
              
              -
              
              
              (27,771)
              
              
              (27,314)Balance
                  May 31, 2007
              
              2,000,010
              
              $
              2,000
              
              $
              457
              
              $
              73,000
              
              $
              (27,771)
              
              $
              47,686Net
                  (loss) for the three months ended August 31, 2007
              
              -
              
              
              -
              
              
              (27)
              
              
              -
              
              
              (18,778)
              
              
              (18,805)Balance
                  August 31, 2007
              
              2,000,010
              
              $
              2,000
              
              $
              430
              
              $
              73,000
              
              $
              (46,549)
              
              $
              28,881Net
                  (loss) for the three months ended November 30, 2007
              
              -
              
              
              -
              
              
              (19)
              
              
              -
              
              
              (21,185)
              
              
              (21,204)Balance
                  November 30, 2007
              
              2,000,010
              
              $
              2,000
              
              $
              411
              
              $
              73,000
              
              $
              (67,734)
              
              $
              7,677


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




F-4
 Table
          of Contents


**BUZZ
      MEDIA LTD.**


**AND
        CONSOLIDATED SUBSIDIARY**
 ***(A
        Development Stage Company)***
 ***Notes
        to Consolidated Financial
        Statements***
 ***November
        30, 2007***
 ***(Expressed
        in US Dollars)***
 ***Unaudited
        - Prepared by Management***




**1.
        BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING
        POLICIES**
 
 **Organization
        and Description of Business**
  Buzz
        Media Ltd. (the “Company”) was incorporated in the State of Nevada on October
        26, 2006. On November 5, 2006 the Company acquired all the issued and
        outstanding shares of Buzz
        Media, Ltd. (“Buzz Nova Scotia”), a
        corporation incorporated in the province of Nova Scotia, Canada on October
        26,
        2006. The
        transaction was treated as an acquisition for accounting purposes. The
        consideration for the acquisition of Buzz
        Nova
        Scotia was 10
        shares of the Company valued at $0.10, the book value of the net assets of
        Buzz
        Nova Scotia, since the acquisition was from a related party.
 
 The
        Company intends
        to design, publish, and distribute a magazine called “Buzz” through Buzz Nova
        Scotia. Buzz is a student lifestyle magazine, which features stories, articles,
        and photographs submitted by current college and university students from
        across
        the country. The magazine will be distributed free of charge via direct mail,
        via physical distribution boxes at specified locations, via email, and via
        the
        internet at www.ReadBuzzMagazine.com.
 
 On
        May
        18, 2007 the Company filed a trademark application with the
        United States Patent and Trademark Office, seeking a trademark on "Buzz
        Magazine" used as the name, or title, of a magazine .
 
 The
        Company intends to distribute the first issue in January of 2008. It has
        already
        compiled a pilot issue, which will be used to entice advertisers to buy
        advertising space in the future issues and to enter distribution arrangements
        with Universities. It is planned that the magazine will be published four
        times
        annually, with a new issue released in September, November, January and March.
        The Company plans to generate revenues through the sale of advertising space
        within physical copies of the magazine, through the sale of advertising space
        on
        its website, and by sharing Buzz Magazine’s subscriber list with various
        advertisers and other distributors.
 
 **Principles
        of Consolidation**
 
 The
        consolidated financial statements include accounts of the Company and its
        wholly-owned subsidiary Buzz Nova Scotia. All significant inter-company balances
        and transactions are eliminated.
 
 **Cash
        and Cash Equivalents**
  Cash
        equivalents comprise certain highly liquid instruments with a maturity of
        three
        months or less when purchased. As at November 30, 2007, the Company did not
        have
        any cash equivalents.
  **Fixed
        assets**
 
 Fixed
        assets consist of the following:
  F-5
 Table
            of Contents
 **BUZZ
          MEDIA LTD.**
 **AND
            CONSOLIDATED SUBSIDIARY**
 ***(A
            Development Stage Company)***
 ***Notes
            to Consolidated Financial
            Statements***
 ***November
            30, 2007***
 ***(Expressed
            in US Dollars)***
 ***Unaudited
            - Prepared by Management***
   November
                      30, 2007
                  
                  November
                      30, 2006Office
                    furniture and equipment
                  
                  492
                  
                  0492
                  
                  0Less:
                    Accumulated depreciation
                  
                  16$
                  476
                  $
                  0
   **Asset
        Retirement Obligations**
  The
        Company has adopted SFAS No. 143, *Accounting
        for Asset Retirement Obligations* which
        requires that the fair value of a liability for an asset retirement obligation
        be recognized in the period in which it is incurred. The Company has not
        incurred any asset retirement obligations as at November 30, 2007.
  **Foreign
        Currency**
  The
        operations of the Company are located in Canada. The Company maintains both
        U.S.
        Dollar and Canadian Dollar bank accounts. The functional currency is the
        Canadian Dollar. Transactions in foreign currencies other than the functional
        currency, if any, are remeasured into the functional currency at the rate
        in
        effect at the time of the transaction. Remeasurement gains and losses that
        arise
        from exchange rate fluctuations are included in income or loss from operations.
        Monetary assets and liabilities denominated in the functional currency are
        translated into U.S. Dollars at the rate in effect at the balance sheet date.
        Revenue and expenses denominated in the functional currency are translated
        at
        the average exchange rate. Other comprehensive income includes the foreign
        exchange gains and losses that arise from translating from the functional
        currency into U.S. Dollars. As at November 30, 2007, the other comprehensive
        income is $411.
 
 **Use
        of Estimates**
 
 The
        preparation of the Company’s consolidated financial statements in conformity
        with generally accepted accounting principles of United States of America
        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
        revenues and expenses during the reporting period. Management makes its best
        estimate of the ultimate outcome for these items based on historical trends
        and
        other information available when the financial statements are prepared. Actual
        results could differ from those estimates.
 
 F-6
 Table
            of Contents
 **BUZZ
          MEDIA LTD.**
 **AND
            CONSOLIDATED SUBSIDIARY**
 ***(A
            Development Stage Company)***
 ***Notes
            to Consolidated Financial
            Statements***
 ***November
            30, 2007***
 ***(Expressed
            in US Dollars)***
 ***Unaudited
            - Prepared by Management***
 **Loss
        Per Share**
  Basic
        earnings (loss) per share of common stock are computed by dividing the net
        earnings (loss) by the weighted average number of common shares outstanding
        during the period. Diluted earnings (loss) per share are equal to the basic
        loss
        per share for the quarter ended November 30, 2007 because there are no common
        stock equivalents outstanding.
 
 **Fair
        Value of Financial Instruments**
  The
        carrying value of cash and accounts payable at November 30, 2007 reflected
        in
        these financial statements, approximates their fair value due to the short-term
        maturity of the instruments.
 
 **Comprehensive
        Income**
  The
        Company has adopted Statement of Financial Accounting Standards (SFAS) No.
        130,
“Reporting Comprehensive Income”. Comprehensive income includes net income and
        all changes in equity during a period that arises from non-owner sources,
        such
        as foreign currency items and unrealized gains and losses on certain investments
        in equity securities.
 
 **Income
        taxes**
  The
        Company records deferred taxes in accordance with Statement of Financial
        Accounting Standards (SFAS) No. 109, "Accounting for Income Taxes." The
        statement requires recognition of deferred tax assets and liabilities for
        temporary differences between the tax bases of assets and liabilities and
        the
        amounts at which they are carried in the financial statements, based upon
        the
        enacted tax rates in effect for the year in which the differences are expected
        to reverse. A valuation allowance is established when necessary to reduce
        deferred tax assets to the amount expected to be realized.
 
 **Development
        Stage**
 
 The
        Company entered the development stage upon its inception. All losses accumulated
        since the inception of the Company have been considered as part of the Company’s
        development stage activities.
 
 **Impairment
        of Long-Lived Assets**
  The
        Company periodically analyzes its long-lived assets for potential impairment,
        assessing the appropriateness of lives and recoverability of unamortized
        balances through measurement of undiscounted operation cash flows in accordance
        with SFAS No. 144, *Accounting
        for the Impairment or Disposal of Long-lived Assets.* If
        impairment is deemed to exist, the asset will be written down to its fair
        value.
        Fair value is generally determined using a discounted cash flow analysis.
        As at
        November 30 2007, the Company does not believe any adjustment for impairment
        is
        required.
 
 F-7
 Table
            of Contents
 **BUZZ
          MEDIA LTD.**
 **AND
            CONSOLIDATED SUBSIDIARY**
 ***(A
            Development Stage Company)***
 ***Notes
            to Consolidated Financial
            Statements***
 ***November
            30, 2007***
 ***(Expressed
            in US Dollars)***
 ***Unaudited
            - Prepared by Management***
  **Concentrations**
 
 The
        Company has only a limited operating history, and its growth strategy is
        dependent upon its ability to obtain distribution agreements with colleges
        and
        universities. The Company’s success depends largely upon the efforts, abilities,
        and decision-making of its sole officer and director, who currently acts
        as
        editor-in-chief for the magazine, organizing volunteers from colleges and
        universities across Canada to contribute articles, photographs and artwork,
        which are assembled into issues of Buzz Magazine with the assistance of
        professional graphic artists.
 
 **New
        Accounting Pronouncements**
 
 In
        September 2006, the FASB issued SFAS No. 157, “ *Fair
        Value Measurements* .”
This
        statement defines fair value, establishes a framework for measuring fair
        value
        in generally accepted accounting principles, and expands disclosure about
        fair
        value measurements. This statement applies under other accounting pronouncements
        that require or permit fair value measurement, the FASB having previously
        concluded in those accounting pronouncements that fair value is the relevant
        measurement attribute. This statement does not require any new fair value
        measurements. However, for some entities, the application of the statement
        will
        change current practice. This statement is effective for financial statements
        issued for fiscal years beginning after November 15, 2007, and interim periods
        within those fiscal years. The Company is currently reviewing the effect,
        if
        any, that this new pronouncement will have on its financial
        statements.
 
 There
        were various other accounting standards and interpretations issued during
        2006
        or to November 30, 2007, none of which are expected to have a material impact
        on
        the Company's financial position, operations or cash flows.
 
 **2.
        BASIS OF PRESENTATION - GOING CONCERN**
  These
        consolidated financial statements have been prepared on a going-concern basis
        which assumes that the Company will be able to realize assets and discharge
        liabilities in the normal course of business for the foreseeable future.
  The
        Company has experienced losses since the inception of the development stage
        amounting to $67,734 as of November 30, 2007. As of November 30, 2007, the
        Company had a total of $22,225 in cash; however this amount may be insufficient
        to sustain operations over the course of the next year. These factors raise
        substantial doubt about the Company's ability to continue as a going concern.
        The ability of the Company to meet its commitments as they become payable
        is
        dependent on the ability of the Company to establish
        a strong subscriber base, which will be receiving physical copies of each
        issue
        of our magazine via mail, and to obtain
        necessary financing or achieve a profitable level of operations. There are
        no
        assurances that the Company will be successful in achieving these
        goals.
  These
        financial statements do not give effect to adjustments to the amounts and
        classifications to assets and liabilities that would be necessary should
        the
        Company be unable to continue as a going concern.
 
 F-8
 Table
            of Contents
 **BUZZ
          MEDIA LTD.**
 **AND
            CONSOLIDATED SUBSIDIARY**
 ***(A
            Development Stage Company)***
 ***Notes
            to Consolidated Financial
            Statements***
 ***November
            30, 2007***
 ***(Expressed
            in US Dollars)***
 ***Unaudited
            - Prepared by Management***
  **3.**  **INCOME
        TAXES**
 
 The
        Company is subject to United States income taxes and Canadian income taxes
        (to
        the extent of its operations in Canada). The company had no income tax expense
        during the reported period due to net operating losses.
 
 A
        reconciliation of income tax expense to the amount computed at the statutory
        rates is as follows:
  Three
                  months ended November 30, 2007
              
              
              Cumulative
                  from date of inception to November 30,2007Loss
                  for the period
              $
              (21,185)
              
              $
              (67,734)Average
                  statutory tax rate
              
              35%
              
              
              35%Expected
                  income tax provision
              $
              (7,415)
              
              $
              (23,707)Unrecognized
                  tax losses
              
              7,415
              
              
              23,707Income
                  tax expense
              $
              --
              
              $
              --
 
  Significant
        components of deferred income tax assets at November 30, 2007 are as
        follows:
  Net
                  operating losses carried forward in United States
              $
              23,707Valuation
                  allowance
              
              (23,707)Net
                  deferred income tax assets
              **$**
              **-**
 
  The
        Company has net operating losses carried forward of $67,734 for United States
        tax purposes which will expire in 2027 if not utilized.
  
 **4.
        COMMITMENTS**
 
 The
        Company has leased office space for which the Company is committed to pay
        approximately $398.68 tax included (CDN399) on the first day of each month
        from
        May 1, 2007 through April 30, 2008.


F-9
 Table
          of Contents


**Item
      2.     Plan of
      Operation**





**Forward-Looking
      Statements**





Certain
      statements, other than purely historical information, including estimates,
      projections, statements relating to our business plans, objectives, and expected
      operating results, and the assumptions upon which those statements are based,
      are “forward-looking statements” within the meaning of the Private Securities
      Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933
      and Section 21E of the Securities Exchange Act of 1934. These
      forward-looking statements generally are identified by the words “believes,”
“project,” “expects,” “anticipates,” “estimates,” “intends,” “strategy,” “plan,”
“may,” “will,” “would,” “will be,” “will continue,” “will likely result,” and
      similar expressions. We
      intend
      such forward-looking statements to be covered by the safe-harbor provisions
      for
      forward-looking statements contained in the Private Securities Litigation Reform
      Act of 1995, and are including this statement for purposes of complying with
      those safe-harbor provisions. Forward-looking
      statements are based on current expectations and assumptions that are subject
      to
      risks and uncertainties which may cause actual results to differ materially
      from
      the forward-looking statements. Our
      ability to predict results or the actual effect of future plans or strategies
      is
      inherently uncertain. Factors which could have a material adverse affect on
      our
      operations and future prospects on a consolidated basis include, but are not
      limited to: changes in economic conditions, legislative/regulatory changes,
      availability of capital, interest rates, competition, and generally accepted
      accounting principles. These risks and uncertainties should also be considered
      in evaluating forward-looking statements and undue reliance should not be placed
      on such statements. We
      undertake no obligation to update or revise publicly any forward-looking
      statements, whether as a result of new information, future events or otherwise. Further
      information concerning our business, including additional factors that could
      materially affect our financial results, is included herein and in our other
      filings with the SEC.





**Organization
      within the Last Five Years**





We
      were
      incorporated November 4, 2006 under the laws of the state of Nevada.  On
      November 8, 2006, we purchased all the issued and outstanding shares of Buzz
      Media, Ltd., a Nova Scotia company (“Buzz Nova Scotia”) from our officer and
      director Tiffany Walsh for 10 shares of our common stock.  As a result of
      the transaction, Buzz Nova Scotia became a wholly-owned subsidiary of
      ours.  It is through Buzz Nova Scotia that we intend to initially conduct
      business in Canada. We subsequently intend to seek expansion into the United
      States if our initial product in Canada proves to be successful.





We
      are
      located at 11 Thornhill Drive, Suite 216, Dartmouth Nova Scotia, B3B 1R9, and
      our website is located at www.readbuzzmagazine.com. Tiffany Walsh, our
      President, CEO and director, is a person that may be described as “promoter” as
      defined in Rule 405 of the Securities Act by virtue of her role in founding
      and
      organizing our company.





**Description
      of the Business**





This
      section must be read in conjunction with the financial statements included
      in
      this quarterly report.





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We
      are in
      the business of designing, publishing, and distributing the magazine, *Buzz* . *Buzz* is a
      student lifestyle magazine, which features stories, articles, and photographs
      submitted by current college and university students from across Canada. We
      intend to distribute the publication free of charge via direct mail, physical
      distribution boxes at specified locations, email, and the internet at
      www.ReadBuzzMagazine.com.





As
      a
      national college magazine that is written for college students by college
      students, we believe Buzz Magazine may appeal to a significant number of
      readers. As opposed to traditional university newspapers and magazines, which
      focus on the university of their origin, *Buzz* will
      contain articles from, and focus on, a large number of universities. Our
      intention is to make *Buzz* relevant
      to a larger audience, both of readers and advertisers.





It
      is our
      intended wide market appeal, along with our genuine connection to the college
      student lifestyle, which we anticipate will give our company a competitive
      advantage. Content for our magazine comes directly from current college and
      university students from across the country.


Tiffany
      Walsh, our editor-in-chief, is responsible for coordinating our student
      contributors program. The program encourages college and university students
      to
      send *Buzz* their
      stories, articles, photographs and original artwork, which showcase their unique
      university experience, for the opportunity to have it published in a national
      student publication.





As
      of
      November 30, 2007, twenty-one (21) contributors have signed artist agreements
      with us, demonstrating their intention to submit content to Buzz Magazine on
      an
      on-going basis. Individuals who take part in *Buzz* ’s
      student contributors program do so on a strictly volunteer basis. If our
      operations develop to the point where the magazine’s advertising revenues exceed
      the costs of production, design, and distribution, we may then decide to pay
      students for published articles. However, we believe that a sufficient number
      of
      students will be motivated to be active volunteer contributors to allow us
      to
      generate enough content from volunteer submissions to continuously fill future
      issues of Buzz Magazine.





We
      plan
      to publish Buzz Magazine four times annually, with regularly scheduled releases
      during September, November, January, and March. This publishing cycle is
      intended to correspond to a traditional academic year, with two issues released
      per academic semester. Our first several issues will focus on Canadian
      Universities and will be distributed only in Canada, but we intend to develop
      an
      American version of the magazine if our Canadian magazine is successful. We
      initially set January of 2008 as the release date of our first full issue,
      however based on our inability to sell advertising space in that issue, we
      have
      postponed the release of our first full issue until September 2008. Because
      our
      magazine is advertising based, with any and all potential revenue stemming
      from
      the sale of advertising within our magazine, we felt it was in our best interest
      to hold off publishing a full issue of Buzz until we are able to generate
      sufficient advertising revenues. We are continuing our efforts to pre-sell
      advertising space in future issues of our magazine, and hope to sell sufficient
      advertising space to merit going to print on our first full issue of Buzz in
      September 2008. We have already published a 32-page pilot-issue, which we are
      using to entice advertisers to buy ad space in our future issues, and which
      we
      are using to




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seek
      agreements with various universities to allow us to give away our publication
      on
      their campus.





In
      2006,
      Tiffany Walsh began the process of establishing contacts at universities across
      Canada. She did this by placing ads in various student newspapers and on various
      student web sites, calling for people interested in writing articles or
      submitting photographs for a future national student lifestyle magazine.
      Individuals answering the ads were interviewed, and told that submissions would
      initially be made solely on a volunteer basis. Ms. Walsh used submissions from
      such contacts to compile material for the pilot issue, which was published
      with
      the help of an independent contractor graphic designer in March of 2007. For
      each subsequent issue, it is intended that this process would be repeated,
      using
      editorial content and photographs submitted by student volunteers from various
      academic institutions.





During
      June 2007, Buzz Magazine began a marketing campaign with the goal of increasing
      awareness and building a subscriber base. As part of the marketing effort,
      we
      spent a total of $511.90 USD to run a series of online advertisements for Buzz
      Magazine on Facebook.com. Ms. Walsh also conducted a significant amount of
      “grass roots” promotion for the Buzz Magazine website, through a handful of
      student dominated websites and live events. Such marketing and promotional
      effort helped to raise awareness for the upcoming release of the magazine,
      and
      to generate subscribers. We conducted a Buzz Magazine promotional tour during
      Oct 15 to Oct 18, 2007, at three universities across Atlantic Canada. Tiffany
      Walsh traveled to and set up a display booth at Saint Mary’s University,
      Dalhousie University, and University of New Brunswick. We received a positive
      response from the promotional tour, and plan to expand the program by conducting
      further promotions at schools in other regions in the future if the associated
      costs fit within our budget. As of November 30, 2007, 637 people have signed
      up
      as subscribers to Buzz Magazine through our website.





We
      have
      been negotiating with a number of universities and colleges in other regions,
      with the goal of forming a network of campuses where we may distribute Buzz
      Magazine. As of November 30, 2007, thirty-one (31) Universities and Colleges
      have verbally agreed to allow us to distribute Buzz Magazine on their campuses,
      by placing a “Buzz Box” in a high traffic area, at no charge. These schools
      include: Dalhousie University, Saint Mary’s University, St. Francis Xavier
      University, Acadia University, Mount Saint Vincent University, Cape Breton
      University, Nova Scotia College of Art and Design, University New Brunswick,
      Mount Allison University, Trent University, Ryerson University, York University,
      University of Windsor, Lakehead University, Carleton University, University
      of
      Ottawa, University of Waterloo, Saint Paul University, Queen’s University,
      University of Toronto, King’s University, University of Alberta, University of
      Calgary, McGill University, Bishop’s University, University of Northern British
      Columbia, Simon Fraser University, Thompson Rivers University, University of
      Regina, University of Manitoba, and Memorial University.





In
      July
      2007, an upgrade to our website www.Readbuzzmagazine.com was
      completed with the help of an independent web programmer and graphic designer.
      The upgrade includes an expanded area for visitors to share photos and articles,
      and post comments. Individuals who sign up for a subscription to Buzz also
      receive a private login for the website, allowing them to access exclusive
      online content.





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From
      July
      to November 2007, Tiffany Walsh compiled enough content from volunteer
      contributors to fill the first two issues of Buzz Magazine. The design work
      on
      those issues however has been put off until we have sold sufficient advertising
      space to merit printing a full issue of Buzz. An independent graphic designer
      has agreed to perform all design work relating to preparing Buzz for print,
      for
      an anticipated fee of $1000.





In
      August
      2007 Ms. Walsh began trying to sell advertising space in future issues of Buzz
      Magazine. Ms Walsh produced a professional advertising kit with the help of
      an
      independent graphic designer. Ms. Walsh began the process of generating leads
      and identifying target companies, who she felt might be interested in purchasing
      advertising space in future issues of Buzz. Ms. Walsh began approaching
      potential advertisers, with the intention of selling future space in Buzz
      Magazine.





From
      September to November 2007, we sent advertising packages to a number of
      companies who requested more information on advertising in Buzz, when we phoned
      them. These companies included: Pizza
      Delight, Wrigley Canada, Blockbuster, Tim Hortons, Nubody’s Gym, Dooly’s Pool
      Halls, Media Experts, Le Chateau, AEON, Molson Canada, Taylor Made Media,
      Mountain Equipment Co-op, Pizza Hut, Eastcoast pubcrawls, Via Rail, MBS Media
      Buying, Wendy’s Restaurants, Shaw Cablesystems, Red Bull, Diageo Liquor,
      Shoppers Drug Market, Little Caesars Pizza, Halifax
      Transfer, Markie Bus Tours, Durex
      Condoms, Future Shop, Staples Business Depot, Indigo Books Inc. (Chapters &
Coles Books), Much Music, Nestle Beverages, Enterprise
      Rent-A-Car, Adecco,
      Vector Marketing, Fabutan, Subway Restaurants, Coca-Cola, Rogers Wireless,
      Research in Motion, Winners, Scotiabank, Imperial Oil, SWAP, Manpower, Travel
      Cuts, College Pro Painters, Ipsos, Unilever, and Brainhunter. However
      as of November 30, 2007, we have been unsuccessful in selling advertising space
      to the above-mentioned companies, and we have not generated any revenue to
      date.
      We are continuing our efforts to sell advertising space in future issues of
      Buzz
      Magazine.





**Intellectual
      Property**





A
      major
      component to our business will be generating the content necessary to fill
      copies of *Buzz* magazine
      on an on-going basis. We have created a student contributors program, which
      encourages college students to send us their stories, articles, photographs
      and
      original artwork, which showcase their unique university experience. Students
      volunteer in order to have the opportunity to have their work published in
      a
      national magazine. Students who take part in our student contributors program
      do
      so on a strictly volunteer basis. Each person who submits either written
      material or photographs for publishing must sign a waiver and agree to transfer
      all rights relating to ownership of submission material to Buzz Media Ltd.
      Student contributors interested in submitting content to *Buzz* on a
      regular basis are also asked to sign a volunteer artist agreement, which
      expresses their intent to submit content on a regular basis and outlines the
      terms associated with content submission. All photography, written content,
      and
      artwork displayed on our company’s websites, or printed in physical copies of
      our magazine, is the sole property of our company, Buzz Media Ltd. On May 18,
      2007 Buzz Media Ltd. filed a trademark application (serial number 77184241)
      with the United States Patent and Trademark Office, seeking a trademark on
      "Buzz
      Magazine" used as the name, or title, of a magazine .
      We
      expect




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the
      entire application process could take
      13-18 months, and there is no guarantee that our trademark application will
      be
      successful.





**Competition**





*Buzz* magazine
      will be in competition for readers and advertising dollars with a wide range
      of
      print publications and new media products. Within the college student market, *Buzz* will be
      in direct competition with two established firms, which already service our
      expected market.





*U
      Magazine* (USA): *U
      Magazine* is a
      monthly national college magazine given away for free on campuses across the
      United States. It is an advertising-based publication with 1,000,000 copies
      being printed and distributed each month.





*Job
      Postings* (Canada). Published eight times per year, *Job
      Postings* is a
      monthly magazine for Canadian college and university students in their last
      year
      of school. It is an advertising-based publication which is given away free
      on
      135 campuses across Canada. 60,000 copies are printed and distributed each
      month.





**Government
      Regulation**





Government
      regulation and compliance with environmental laws have not had a material effect
      on our business.





**Employees**





We
      have
      no employees other than our sole officer and director as of the date of this
      quarterly report. As needed from time to time, we may pay for the services
      of
      independent contractors, which may include, but are not limited to, graphic
      designers, photographers, web designers, promotional reps and advertising sales
      people.





**Property**





We
      lease
      our corporate office at 11 Thornhill Drive, Suite 216, Dartmouth Nova Scotia,
      B3B 1R9. We pay C$350 per month plus tax. The term of the lease is for one
      year
      expiring April 30, 2008, and includes office furnishings and Internet access.
      As
      our business operations grow, it may be necessary for us to seek additional
      space. Management believes additional suitable space will be available when
      it
      is needed.





**Plan
      of Operations**





***Revenue
      Streams***





We
      are
      approaching companies who may be interested in purchasing advertising space,
      either in future issues of Buzz magazine, or on our website. We are using copies
      of our 32-page pilot issue, along with a detailed marketing package, to procure
      such potential advertising contracts.





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We
      currently anticipate generating revenue through three sources:





1.
            through
                the sale of advertising space within physical copies of our
                magazine;


2.
            through
                the sale of advertising space on our website;
                and


3.
            through
                sharing our subscriber list with various advertisers and other
                distributors.





Sale
      of Advertising Space within physical copies of our magazine





We
      plan
      to allocate between 40-45% of each printed issue of *Buzz* for
      advertising space. As a national magazine distributed across the country, we
      anticipate reaching a wider audience than local publications at individual
      universities, and thus appealing to a larger and more sophisticated advertising
      base with higher advertising budgets. We believe this will give us a competitive
      advantage over most local university-based publications. We are using our pilot
      issue, along with a detailed marketing package, to attempt to entice such
      advertisers to purchase space in our issues planned for 2008 and beyond. We
      anticipate that our ability to sell advertising space in our magazine will
      be
      directly affected by the size and quality our distribution network and
      subscriber base. Thus, we will need to establish a subscriber base, distribution
      channels, and general interest in the magazine.





Sale
      of Advertising Space on our Web-site





We
      have
      placed space for advertising banners on every page of our web site. Along with
      advertising space within physical copies of our magazines, we plan on selling
      this online advertising space. It is anticipated that our ability to sell such
      ads will be affected by our web-site traffic - the number of people that visit
      our web site on a daily basis. In order to increase web site traffic, we have
      a
      placed a copy of our latest issue of *Buzz* available for on-line viewing or downloading on our web site. We also plan
      to
      include a number of interactive games, message boards, and general information
      that might be useful to a university student.





Sharing
      of our Subscriber List





Our
      magazine will strive to build its reader base through request circulation,
      whereby our magazine will be mailed free charge to readers who request our
      publication. Readers wishing to subscribe to *Buzz* will be
      able to do so via our web site or by submitting written requests via standard
      mail as described in physical copies of the magazine. Subscribers will be asked
      if they would allow us to send them other e-mails and/or publications that
      might
      be of interest to them. Provided the subscriber agrees, the subscriber’s
      information will be stored in a secure area of our web site, and we may from
      time to time send the subscriber materials from other magazines and/or
      advertisers. We anticipate that, provided our subscriber base reaches an
      appropriate size, we will be able to charge for such services. Additionally,
      the
      more subscribers we have on our subscription list who have requested copies
      of
      our magazine, the greater our ability to sell advertising space in our physical
      publication at premium rates.





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***Distribution
      Channels***





As
      we do
      not plan to charge subscribers and readers for the magazine, the size of our
      distribution base is the key to the success of our business. We will rely
      exclusively on revenue streams that will depend on the proven size and
      effectiveness, or anticipated size and effectiveness, of our distribution.
      We
      plan on distributing our magazine through four main channels:





1.
            direct
                mail;


2.
            email;


3.
            physical
                distribution boxes at specified locations;
                and


4.
            the
                Internet at www.ReadBuzzMagazine.com.





Distribution
      via Direct Mail





Buzz
      will
      be mailed to those who have signed up for a subscription via our website. We
      will be using Canada Post to mail issues of Buzz to our subscribers. As of
      November 30, 2007, 637 people have signed up as subscribers to Buzz Magazine
      through our website. We will continue to build our subscriber base using various
      web-marketing campaigns aimed at motivating students to sign up for a free
      direct mail subscription to Buzz Magazine. We have also conducted some on-campus
      promotions at a small number of universities to raise awareness for our
      publication and to generate subscriptions. We believe that a large subscriber
      base for distribution via direct mail will help us procure advertising revenues
      from the sale of advertising space in physical copies of our magazine. To allow
      us to reach students at a greater number of universities and colleges, we plan
      on continuing to build our network of campus representatives. We plan on finding
      student volunteers interested in becoming campus representatives by placing
      advertisements in school newspapers, by networking through student web sites,
      and by word of mouth. To date we have volunteer campus representatives on nine
      different university campuses.





Distribution
      via E-mail





We
      plan
      to send an electronic version of *Buzz* directly
      to the e-mail address of anyone who requests the electronic edition of our
      publication. We will attempt to entice such subscriptions on our web site and
      in
      all physical copies of *Buzz* .
      We
      believe that a large subscription base for distribution via e-mail will help
      us
      procure advertising revenues from the sale of advertising space in electronic
      versions of the magazine and on our web site. An added benefit to such a
      distribution method is our ability to meet any level of demand for additional
      copies of *Buzz* without
      incurring any additional expenses, which would be associated with printing
      more
      physical copies of the publication.





Distribution
      via “Buzz Boxes”





Buzz
      will
      be distributed free of charge to students via distribution boxes on a select
      number of university campuses across Canada. To coincide with the release of
      our
      first issue of Buzz, we plan to place “Buzz Boxes” in heavily trafficked
      locations in various universities across Canada. These “Buzz Boxes” will act as
      a distribution conduit for physical copies of Buzz Magazine. We have designed
      the boxes so that the boxes themselves will resemble traditional newspaper
      distribution boxes, and will be decorated in the Buzz logo and in Buzz colours
      so they are recognizable and distinctive. To date, no “Buzz Boxes” have been
      constructed, however we have




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a
      supplier who is able to build our boxes once we are ready to publish our first
      full issue. Starting in the fall of 2007, we began to negotiate with
      universities across Canada in an attempt to secure as many distribution
      agreements as possible. We are using our pilot issue to showcase our magazine
      to
      representatives at various universities across the country. It is our hope
      that
      we will be able to receive permission from a large number of universities,
      allowing us to place our magazine distribution boxes on their campus. We
      anticipate paying a flat rate to some universities for each “Buzz Box” displayed
      on campus in exchange for the right to place the display boxes. As of November
      30, 2007, thirty-one (31) Universities and Colleges have agreed verbally to
      allow us to distribute Buzz Magazine on their campuses, by placing a “Buzz Box”
in a high traffic area, at no charge. These schools include: Dalhousie
      University, Saint Mary’s University, St. Francis Xavier University, Acadia
      University, Mount Saint Vincent University, Cape Breton University, Nova Scotia
      College of Art and Design, University New Brunswick, Mount Allison University,
      Trent University, Ryerson University, York University, University of Windsor,
      Lakehead University, Carleton University, University of Ottawa, University
      of
      Waterloo, Saint Paul University, Queen’s University, University of Toronto,
      King’s University, University of Alberta, University of Calgary, McGill
      University, Bishop’s University, University of Northern British Columbia, Simon
      Fraser University, Thompson Rivers University, University of Regina, University
      of Manitoba, and Memorial University.





Distribution
      via ReadBuzzMagazine.com





An
      electronic version of each issue of *Buzz* will
      also be available on the Internet at our web site, www.ReadBuzzMagazine.com.
      Our
      online presence will be the key to generating advertising revenues through
      the
      sale of advertising space on our web site. Therefore, we intend to upload new
      issues of *Buzz* magazine
      as they are completed, and we intend to generate additional interest in our
      web
      site through the development of various chat-rooms, message boards, and other
      web-community services. We anticipate offering additional features on our web
      site to coincide with the release of our first issue in 2008.





***Marketing***





During
      June 2007, we began marketing Buzz Magazine to students, with the goal of
      increasing awareness and building our subscriber base. As part of the marketing
      effort, we spent a total of $511.90 USD to run a series of online advertisements
      for Buzz Magazine on Facebook.com. We plan to continue building our subscriber
      base using similar web marketing campaigns aimed at enticing students to sign
      up
      for a free subscription to Buzz through our website. Future web marketing
      campaigns may include email campaigns, and website banner advertising through
      websites often populated by students. We conducted a Buzz Magazine promotional
      tour from October 15 to October 18, 2007, at three universities across Atlantic
      Canada. Tiffany Walsh traveled to and set up a display booth at Saint Mary’s
      University, Dalhousie University and University of New Brunswick. We received
      a
      positive response from the promotional tour, and plan to expand the program
      by
      conducting further promotions at schools in other regions in the future if
      the
      associated costs fit within our budget. We are also organizing a network of
      Buzz
      campus reps at various universities across Canada. Campus reps are student
      volunteers from different universities, who spread the word about *Buzz* magazine
      around their campus. They are also local contacts who could be paid in the
      future to launch on-campus promotions for *Buzz* at




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their
      schools. Our magazine distribution “Buzz Boxes” will also provide a level of
      exposure to our product once they are setup at select locations at universities
      across Canada.





***Our
      Publication***





We
      will
      continue building our student contributors program by signing more volunteers
      to
      artist agreements. We will continue to seek articles, stories and photos
      submitted by students from across the country, which will be retained for
      possible publication in issues of our magazine during the 2008 season. We have
      accumulated enough content to fill our first two full issues of Buzz, and have
      begun the design process. For each subsequent issue, we will continue to seek
      editorial content and photographs submitted by volunteers.





Our
      web
      site, located at www.ReadBuzzMagazine.com, currently contains a subscriber
      signup page, an introduction to our magazine, a downloadable copy of our pilot
      issue, an online application for all our volunteer positions, company
      information, and information for prospective advertisers. We have incurred
      approximately C$4,800 in web site development expenses as of November 30, 2007.
      Our cost, per issue, for posting each new issue of Buzz on our web site is
      anticipated to be C$40.





***Anticipated
      Expenses***





It
      is
      anticipated that design and construction of our “Buzz Boxes” will be completed
      closer to the release of our first full issue. Our anticipated design and
      production cost per outdoor box is C$63, and the cost per indoor box is expected
      to be C$36. We plan to use 50 distribution boxes (20 outdoor boxes and 30 indoor
      boxes) for our first publications. Multiple boxes will be placed at each
      university that agrees to distribute our publication, and we will construct
      purchase more boxes based upon demand. Our total anticipated production cost
      for
      our first 50 boxes is C$2,340, with an additional C$900 in shipping expenses
      anticipated.





Printing
      costs for physical copies of the magazine are estimated to be C$0.38 per issue,
      assuming we print 20,000 copies per issue. We anticipate average shipping costs
      relating to direct mail subscriptions to be C$0.60 per subscriber. We anticipate
      shipping costs relating to copies of Buzz distributed via our Buzz Boxes to
      be
      C$0.07 per issue. Thus, based upon our full planned print run of 20,000 copies
      per issue, we anticipate our total production and distribution costs (printing
      and shipping) associated with each issue of *Buzz* to be
      between C$9,000 and C$11,650, depending upon how many copies we decide to
      distribute via direct mail and how many we distribute via “Buzz boxes”.





Over
      the
      next twelve months we plan to produce and distribute two issues of *Buzz* (September and November issues in 2008), with each issue comprising 20,000
      physical copies and one electronic copy on our web-site. We believe that we
      will
      have to generate revenues of at least C$20,000 dollars from advertising sales
      to
      be able to print and distribute two issues of Buzz, each comprising of 20,000
      copies per issue.





As
      indicated above, the total of our printing, shipping, and distribution costs
      for
      the next twelve months is anticipated to between C$18,000 and C$23,300. We
      anticipate spending an additional




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C$2,000
      on marketing and promotions. Our office expenditures, including rent, are
      anticipated to be a total of $5,000 over the next twelve months. Our accounting,
      legal and administrative expenses for the next twelve months are anticipated
      to
      be $20,000. As of November 30, 2007, we had $22,225 in cash and working capital
      of $7,201. We believe we have sufficient cash on hand to sustain our operations
      for the next 6 months, even if there are limited revenues. We decided to
      postpone the release of our first full issue of Buzz, from January 2008 to
      September 2008, due to our inability to sell advertising space in that issue.
      We
      are continuing to work at selling advertising space in future issues of Buzz.
      We
      believe that we will have to generate revenues of at least $10,000 dollars
      from
      advertising sales to be able to print and distribute 20,000 copies of our first
      full issue of Buzz. If we desire to grow our business, or distribute more
      magazines to more campuses, we may need to either realize additional revenues
      from advertising sales, or raise or borrow additional capital.  We
      successfully raised initial funds through private placements of our common
      stock.  In the future, we may need to engage in public or private financing
      should there be a need for additional funds.  There is no assurance that
      such placements will be successful.  We anticipate receiving some revenue
      from the sale of advertising in future issues of *Buzz* and from
      the sale of advertising on our web site. However, we may not realize such
      revenues.





In
      addition, depending on available revenues, we may engage in some general
      marketing efforts over and above those involved in establishing the three main
      distribution channels noted above.


We
      do not
      believe that there will be significant research and development expenses during
      the next 12 months.





We
      anticipate that our cost of sales is incorporated in our anticipated
      administrative expenses, as sales over our first year will be conducted by
      Tiffany Walsh, who does not currently take any salary. Sales campaigns will
      be
      conducted principally through the use of e-mail and telephone and in person
      where prospective advertisers have offices or representatives near Halifax.
      Where necessary, Ms. Walsh may incur some travel costs but we do not estimate
      such costs, if incurred at all, will exceed $1500 for the next 6
      months.





If
      management believes it is appropriate to begin a program of rapid expansion,
      which may be deemed necessary in the event of a drastic jump in our
      publication’s popularity and subscriber base, we believe we will need up to
      $75,000 over the next twelve months.  We plan on obtaining this operating
      capital from our own available funds and anticipated revenues from advertising
      sales, but these sources may not provide sufficient funds. We expect to be
      able
      to raise capital through the sale of our common stock if business revenues
      are
      not available to pay necessary expenses.





We
      do not
      anticipate the need for any additional employees during the next twelve months
      other than the services of the individuals discussed above, unless initial
      response to our product is extremely positive or expansion into new markets
      occurs sooner than expected.  Since our management plans to use independent
      contractors only when volunteer positions cannot be adequately filled, and
      there
      are no plans for other significant expenditures over the coming year (aside
      from
      marketing, printing, and distribution costs, as discussed above), adverse
      material impacts on short term liquidity are not expected.




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Our
      agreements with content contributors do not require us to make any financial
      commitments.   If we do not sell all of the advertising space
      available in our first full issue of Buzz Magazine, we will introduce
      alternative marketing strategies for selling advertising space in future
      issues.  Our long-term liquidity will rely much on the success of
      advertising sales related to our first full and subsequent issues and general
      marketing of our publication.





**Off
      Balance Sheet Arrangements**





As
      of
      November 30, 2007, there were no off balance sheet arrangements.





**Results
      of Operations for Period Ending November 30, 2007**





We
      did
      not earn any revenues from inception through the period ending November 30,
      2007. We incurred net operating expenses in the amount of $21,185 for the three
      months ended November 30, 2007, $30,036 for the six months ended November 30,
      2007, and $67,734 for the period from our inception on October 26, 2006 to
      November 30, 2007. Our operating expenses incurred for the three months ended
      November 30, 2007 included $17,536 for professional fees, $1,250 in advertising
      and promotion expenses, and $2,383 in general and administrative expenses.
      Our
      operating expenses incurred for the six months ended November 30, 2007 included
      $30,036 for professional fees, $1,731 in advertising and promotion expenses,
      and
      $8,180 in general and administrative expenses. Our operating expenses incurred
      for the period from our inception on October 26, 2006 to November 30, 2007
      included $50,036 for professional fees, $2,905 in advertising and promotion
      expenses, $12,949 in general and administrative expenses and $1,828 in travel
      expenses. Thus, our net loss for the three months ended November 30, 2007 was
      $21,185, and our net loss for the period from our inception on October 26,
      2006
      to November 30, 2007 was $67,734. The primary component in our net loss for
      each
      period has been the professional fees we have incurred in organizing our
      business. We anticipate our operating expenses will increase as we undertake
      our
      plan of operations. The increase will be attributable to undertaking the
      production and printing of our publication and the professional fees that we
      will incur in connection with becoming a reporting company under the Securities
      Exchange Act of 1934.





**Liquidity
      and Capital Resources**





As
      of
      November 30, 2007, we had current assets in the amount of $22,586, consisting
      of
      $22,225 in Cash and $361 in Prepaid Expense. Our current liabilities as of
      November 30, 2007 were $15,385. Thus our working capital on November 30, 2007
      was $7,201.





We
      have
      not attained profitable operations and are dependent upon obtaining financing
      to
      pursue our business plan over the next twelve months if we do not generate
      revenue sufficient to sustain operations.





**Critical
      Accounting Policies**





In
      December 2001, the SEC requested that all registrants list their most “critical
      accounting polices” in the Management Discussion and Analysis. The SEC indicated
      that a “critical




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accounting
      policy” is one which is both important to the portrayal of a company’s financial
      condition and results, and requires management’s most difficult, subjective or
      complex judgments, often as a result of the need to make estimates about the
      effect of matters that are inherently uncertain. We believe that the following
      accounting policies fit this definition.





*Foreign
      Currency*





The
      operations of the Company are located in Canada. The Company maintains both
      U.S.
      Dollar and Canadian Dollar bank accounts. The functional currency is the
      Canadian Dollar. Transactions in foreign currencies other than the functional
      currency, if any, are remeasured into the functional currency at the rate in
      effect at the time of the transaction. Remeasurement gains and losses that
      arise
      from exchange rate fluctuations are included in income or loss from operations.
      Monetary assets and liabilities denominated in the functional currency are
      translated into U.S. Dollars at the rate in effect at the balance sheet date.
      Revenue and expenses denominated in the functional currency are translated
      at
      the average exchange rate. Other comprehensive income includes the foreign
      exchange gains and losses that arise from translating from the functional
      currency into U.S. Dollars.





**Recently
      Issued Accounting Pronouncements**





In
      September 2006, the FASB issued SFAS No. 157, “Fair Value Measurements.” This
      statement defines fair value, establishes a framework for measuring fair value
      in generally accepted accounting principles, and expands disclosure about fair
      value measurements. This statement applies under other accounting pronouncements
      that require or permit fair value measurement, the FASB having previously
      concluded in those accounting pronouncements that fair value is the relevant
      measurement attribute. This statement does not require any new fair value
      measurements. However, for some entities, the application of the statement
      will
      change current practice. This statement is effective for financial statements
      issued for fiscal years beginning after November 15, 2007, and interim periods
      within those fiscal years. The Company is currently reviewing the effect, if
      any, that this new pronouncement will have on its financial statements.





There
      were various other accounting standards and interpretations issued during 2006
      or to November 30, 2007, none of which are expected to have a material impact
      on
      the Company's financial position, operations or cash flows.


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**Item
      3.     Controls and Procedures**





We
      carried out an evaluation of the effectiveness of the design and operation
      of
      our disclosure controls and procedures (as defined in Exchange Act Rules
      13a-15(e) and 15d-15(e)) as of November 30, 2007. This evaluation was carried
      out under the supervision and with the participation of our Chief Executive
      Officer and Chief Financial Officer, Ms. Tiffany Walsh. Based upon that
      evaluation, our Chief Executive Officer and Chief Financial Officer concluded
      that, as of November 30, 2007, our disclosure controls and procedures are
      effective. There have been no changes in our internal controls over financial
      reporting during the quarter ended November 30, 2007.





Disclosure
      controls and procedures are controls and other procedures that are designed
      to
      ensure that information required to be disclosed in our reports filed or
      submitted under the Exchange Act are recorded, processed, summarized and
      reported, within the time periods specified in the SEC's rules and forms.
      Disclosure controls and procedures include, without limitation, controls and
      procedures designed to ensure that information required to be disclosed in
      our
      reports filed under the Exchange Act is accumulated and communicated to
      management, including our Chief Executive Officer and Chief Financial Officer,
      to allow timely decisions regarding required disclosure.





Limitations
      on the Effectiveness of Internal Controls





Our
      management does not expect that our disclosure controls and procedures or our
      internal control over financial reporting will necessarily prevent all fraud
      and
      material error. Our disclosure controls and procedures are designed to provide
      reasonable assurance of achieving our objectives and our Chief Executive Officer
      and Chief Financial Officer concluded that our disclosure controls and
      procedures are effective at that reasonable assurance level. Further, the design
      of a control system must reflect the fact that there are resource constraints,
      and the benefits of controls must be considered relative to their costs. Because
      of the inherent limitations in all control systems, no evaluation of controls
      can provide absolute assurance that all control issues and instances of fraud,
      if any, within the Company have been detected. These inherent limitations
      include the realities that judgments in decision-making can be faulty, and
      that
      breakdowns can occur because of simple error or mistake. Additionally, controls
      can be circumvented by the individual acts of some persons, by collusion of
      two
      or more people, or by management override of the internal control. The design
      of
      any system of controls also is based in part upon certain assumptions about
      the
      likelihood of future events, and there can be no assurance that any design
      will
      succeed in achieving its stated goals under all potential future conditions.
      Over time, control may become inadequate because of changes in conditions,
      or
      the degree of compliance with the policies or procedures may deteriorate.




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**PART
      II - OTHER INFORMATION**





**Item
      1.     Legal
      Proceedings**





We
      are
      not a party to any pending legal proceeding. We are not aware of any pending
      legal proceeding to which any of our officers, directors, or any beneficial
      holders of 5% or more of our voting securities are adverse to us or have a
      material interest adverse to us.





**Item
      2.     Unregistered Sales of Equity
      Securities and Use of Proceeds**





No
      unregistered sales of equity securities were completed during the three month
      period ended November 30, 2007.




**Item
      3.     Defaults upon Senior
      Securities**





None





**Item
      4.     Submission of Matters to a Vote of
      Security Holders**





No
      matters have been submitted to our security holders for a vote, through the
      solicitation of proxies or otherwise, during the quarterly period ended November
      30, 2007.





**Item
      5.     Other
      Information**





None





**Item
      6.      Exhibits**





**Exhibit**
              **Number**
            **Description
                of Exhibit**3.1
            Articles
                of Incorporation(1)3.2
            By-Laws(1)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 200231.2
            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 200232.1
            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


(1)
            Previously
                filed as an exhibit to the Registration Statement on Form SB-2 filed
                on
                August 17, 2007




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**SIGNATURES**





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





**Buzz
                Media, Ltd.**Date:
            January
                14, 2008By:       /s/
                Tiffany Walsh
              Tiffany
                Walsh
              Title:**** President,
                Chief Executive Officer,Chief
                Financial Officer, Principal
              Executive
                Officer, and
                Director