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 1934

For the Quarterly period ended June 30, 2000

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                     2-98074-NY


                        Trident Media Group, Inc.
     (Exact name of small business issuer as specified in its charter)


         Nevada                                            11-2751536
(State or other jurisdiction of                        (I.R.S. Employer
incorporation or organization)                         Identification No.)


                   6349 Palomar Oaks Court, Carlsbad, CA  92009
                     (Address of principal executive offices)


                                 (760) 438-9080
                 (Issuer's telephone number, including area code)


     Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such
shorter period that the registrant was required to file such reports), and (2)
has been subject to filing requirements for the past 90 days.

Yes          X                   No
           -----                          ----


     Number of shares outstanding of Issuer's Common Stock as of July 31, 2000:
20,000,608


                                    PART 1
<TABLE>
ITEM 1: FINANCIAL STATEMENTS
TRIDENT MEDIA GROUP, INC. and SUBSIDIARIES
CONSOLIDATED BALANCE SHEET
(Unaudited)
<CAPTION>
                                                                    June 30,
                                                                      2000
                                                                  -----------
<S>                                                               <C>
ASSETS

Current assets:
   Cash and cash equivalents                                     $   226,000
   Accounts receivable, net of allowance
          for doubtful accounts of  $51,200                          739,900
     Deferred taxes                                                  384,500
     Prepaid expenses and other current assets                       217,500
                                                                  ----------
               Total current assets                                1,567,900

Property and equipment, net                                        2,530,200
Other assets                                                         304,800
                                                                   ---------
                                                                 $ 4,402,900
                                                                 ===========


LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
     Accounts payable and accrued liabilities                    $   743,700
     Current portion of bank debt                                    655,000
     Deferred income                                                  70,000
     Other current liabilities                                       175,400
                                                                 -----------
               Total current liabilities                           1,644,100

Bank debt, less current portion                                      540,000
Payable to majority stockholder                                      300,000
Deferred taxes                                                       690,500
Other liabilities                                                     14,600
                                                                  ----------
               Total liabilities                                   3,189,200
                                                                  ----------

Stockholders' equity:
     Common stock, $.001 par value,
        100,000,000 shares authorized,
        20,000,608 shares issued and outstanding                      20,000
     Paid in capital                                                  35,000
     Retained earnings                                             1,158,700
                                                                  ----------
               Total stockholders' equity                          1,213,700
                                                                  ----------
                                                                 $ 4,402,900
                                                                 ===========
</TABLE>





<TABLE>
TRIDENT MEDIA GROUP, INC. and SUBSIDIARIES
CONSOLIDATED STATEMENT OF OPERATIONS
(Unaudited)
<CAPTION>

                                             Three Months Ended           Six Months Ended
                                            June 30,     June 30,      June 30,      June 30,
                                              2000         1999          2000         1999
                                           ----------   ----------    ----------   ----------
<S>                                        <C>          <C>           <C>          <C>
Revenues                                   $2,294,200   $2,901,100    $3,631,000   $4,255,400
                                           ----------   ----------    ----------   ----------

Operating costs and expenses:

     Cost of operations                     1,416,100    1,513,900     2,316,200    2,656,500
     Selling, general and administrative      579,700      586,100     1,230,500    1,198,900
     Depreciation and amortization            286,200      307,800       576,800      615,300
                                           ----------   ----------    ----------   ----------
       Total operating costs and expenses   2,282,000    2,407,800     4,123,500    4,470,700
                                           ----------   ----------    ----------   ----------

       Income (loss) from operations           12,200      493,300      (492,500)    (215,300)

Gain on sale of assets                        712,400            -       712,400            -
Interest expense                               65,200       85,100       148,500      156,700
                                           ----------   ----------    ----------   ----------
       Income (loss) before taxes             659,400      408,200        71,400     (372,000)

Income tax expense (benefit)                  231,100      146,600        25,000     (133,400)
                                           ----------   ----------    ----------   ----------

Net income (loss)                          $  428,300   $  261,600    $   46,400   $ (238,600)
                                           ==========   ==========    ==========   ==========

Net income (loss) per share - Basic        $     0.02   $     0.01     $    0.00   $    (0.01)
                                           ==========   ==========    ==========   ==========
                            - Diluted      $     0.02   $     0.01     $    0.00   $    (0.01)
                                           ==========   ==========    ==========   ==========

Weighted average number of shares
    outstanding
                            - Basic        20,000,608   20,000,608    20,000,608   20,000,608
                                           ==========   ==========    ==========   ==========

                            - Diluted      22,101,479   22,123,816    22,134,559   20,000,608
                                           ==========   ==========    ==========   ==========
</TABLE>


<TABLE>
TRIDENT MEDIA GROUP, INC. and SUBSIDIARIES
CONSOLIDATED CASH FLOW
(Unaudited)
<CAPTION>


                                             Three Months Ended           Six Months Ended
                                             June 30,   June 30,      June 30,      June 30,
                                               2000       1999          2000          1999
                                           ----------   ----------    ----------   ----------
<S>                                        <C>          <C>           <C>          <C>

Cash flows from operating activities:
  Net income (loss)                        $  428,300   $  261,600    $   46,400   $ (238,600)

  Adjustments to reconcile net income
   to net cash
       provided by operating activities:
          Depreciation and amortization       286,200      307,800       576,800      615,300
          (Gain) loss on sale of assets      (712,400)           -      (718,700)           -
          Increase (decrease) in cash
               resulting changes in:
               Accounts receivable           (389,900)    (545,100)     (240,200)    (255,100)
               Prepaid expenses and
                 other assets                 147,900      151,200       (91,700)     (59,000)
               Accounts payable and
                 accrued liabilities          173,500      195,900       396,700      (68,100)
               Taxes payable                   25,300            -        18,700      (20,500)
                                           ----------   ----------    ----------   ----------

          Net cash provided (used)
              by operating activities         (41,100)     371,400       (12,000)     (26,000)
                                           ----------   ----------    ----------   ----------

Cash flows from investing activities:
     Change in amounts due
        from related parties                    3,200       (1,300)       (2,300)     (15,900)
     Purchase of Steinley's Photochart,
        Systems, Inc.                         (91,200)           -       (91,200)           -
     Proceeds from sale of assets           1,600,000            -     1,600,000            -
     Purchase of property and equipment      (256,600)    (298,400)     (398,100)    (455,300)
                                           ----------   ----------    ----------   ----------
          Net cash provided (used)
               by investing activities      1,255,400     (299,700)    1,108,400     (471,200)
                                           ----------   ----------    ----------   ----------

Cash flows from financing activities:
     Advances from majority shareholder             -      240,000             -      560,000
     Debenture payment to former shareholder        -            -             -      (75,000)
     Borrowings from revolving
          credit agreement, net                95,800            -       147,400            -
     Principal payments on bank debt       (1,275,000)    (137,000)   (1,345,000)    (143,300)
     Other                                     (9,700)      (3,800)      (19,200)       4,000
                                           ----------   ----------    ----------   ----------
          Net cash provided (used)
              by financing activities      (1,188,900)      99,200    (1,216,800)     345,700
                                           ----------   ----------    ----------   ----------

          Net increase (decrease) in
              cash and cash equivalents        25,400      170,900      (120,400)    (151,500)

Cash and cash equivalents at
  beginning of period                         200,600      212,400       346,400      534,800
                                           ----------   ----------    ----------   ----------
Cash and cash equivalents at
  end of period                           $   226,000   $  383,300    $  226,000   $  383,300
                                           ==========   ==========    ==========   ==========
</TABLE>

TRIDENT MEDIA GROUP, INC. and SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
FOR THE SIX MONTHS ENDED JUNE 30, 2000
(Unaudited)
===============================================================================

1.   THE COMPANY

     Trident Media Group, Inc. ("Trident" or the "Company"), a Nevada
Corporation, through its wholly-owned subsidiaries, provides services for the
broadcast industry and private satellite networks, video production and
management operations services for the sports and entertainment industries,
throughout North America and provides telecommunications products and services
through the sale of prepaid phone cards.


2.   BASIS OF PRESENTATION

     In the opinion of management, the accompanying unaudited consolidated
financial statements for Trident contain all adjustments (consisting of only
normal recurring adjustments and accruals) necessary to present fairly the
consolidated financial position as of June 30, 2000, and the consolidated
results of operations and cash flows for the six and three months ended June
30, 2000 and 1999.  All significant intercompany transactions have been
eliminated.


3.   INTERIM FINANCIAL STATEMENTS

     Certain information and footnote disclosures normally included in the
financial statements prepared in accordance with generally accepted accounting
principles ("GAAP") have been condensed or omitted.  The results of operations
included herein are not necessarily indicative of the operating results to be
expected for the full year.  These consolidated financial statements should be
read in conjunction with the financial statements and notes thereto included in
the Company's Annual Report on Form 10-KSB for the year ended December 31,
1999.


4.   EARNINGS PER SHARE

     The computation of basic earnings per share of common stock is based on
the weighted average number of shares outstanding for the periods ended June
30, 2000, and June 30, 1999.  Options and warrants to purchase common stock of
792,542 and 100,000, respectively, are outstanding at June 30, 2000.

     The following tables represent the required disclosure of the basic and
diluted earnings per share computation for the six and three months ended June
30, 2000 and 1999.


<TABLE>
<CAPTION>
                                              Six months ended June 30,
                          ----------------------------------------------------------------------
                                         2000                              1999
                          ----------------------------------  ----------------------------------
                             Income      Shares    Per Share   Income      Shares     Per Share
                          (Numerator) (Denominator)  Amount  (Numerator) (Denominator)   Amount
                           ---------   ---------    -------   ----------   ----------   -------
<S>                       <C>          <C>          <C>      <C>           <C>          <C>
Basic EPS

Net Income (loss)          $  46,400   20,000,608    $ 0.00   $ (238,600)   20,000,608   $ (0.01)
                                                     ======                              =======

Effect of Dilutive
   Securities

Securities Assumed
  Converted
     Options                            2,746,084                                  -
     Warrants                             400,000                                  -

Less Securities Assumed
   Repurchased                         (1,012,133)                                 -
                           ---------   ----------   ------    ----------   ----------   -------
Diluted EPS                $  46,400   22,134,559   $ 0.00    $ (238,600)  20,000,608   $ (0.01)
                           =========   ==========   ======    ==========   ==========   =======
</TABLE>

<TABLE>
<CAPTION>
                                              Three months ended June 30,
                          ----------------------------------------------------------------------
                                         2000                              1999
                          ----------------------------------  ----------------------------------
                             Income      Shares    Per Share   Income      Shares     Per Share
                          (Numerator) (Denominator)  Amount  (Numerator) (Denominator)   Amount
                           ---------   ---------    -------   ----------   ----------   -------
<S>                       <C>          <C>          <C>      <C>           <C>          <C>
Basic EPS

Net Income (loss)          $ 428,300   20,000,608   $ 0.02   $ 261,600     20,000,608   $  0.01
                                                    ======                              =======

Effect of Dilutive
  Securities

Securities Assumed
  Converted
     Options                            2,746,084                           2,360,000
     Warrants                                   -                             400,000

Less Securities Assumed
   Repurchased                           (645,213)                           (636,792)
                           ---------   ----------   ------    ----------   ----------   -------
Diluted EPS                $ 428,300   22,101,479   $ 0.02    $  261,600   22,123,816   $  0.01
                           =========   ==========   ======    ==========   ==========   =======
</TABLE>






5.   DISCLOSURE OF SEGMENT INFORMATION

     The Company has the following two reportable segments: Network Services
Group and Telecommunications Services.  Network Services Group provides
simulcasting, television production, advertising and related services primarily
to racetracks, casinos and off-track betting locations.  The Telecommunications
Services Group offers long distance phone services primarily through the sale
to consumers of enhanced prepaid phone cards distributed through company owned
electronic dispensing units and retail sales.

     The Company manages segment reporting at a gross profit level.  Selling,
general and administrative expenses (including, corporate functions, recruiting
and marketing) are managed at the corporate level separately from the segments.

     The following information about the segments is for six and three month
periods ended June 30, 2000 and 1999 (000's).


<TABLE>
<CAPTION>
                                     Six Months Ended June 30,
                    ---------------------------------------------------------------
                               2000                              1999
                    ----------------------------     ------------------------------
                    Network   Telecommu-             Network    Telecommu-
                    Services   nication              Services    nication
                      Group    Services   Total      Group       Services   Total
                     -------   --------  -------     --------   ---------  --------
<S>                  <C>       <C>       <C>          <C>       <C>        <C>
Revenues             $ 2,858   $   773   $ 3,631      $ 3,650   $   605    $ 4,255
Cost of Operations     1,796       520     2,316        2,262       394      2,656
Depreciation and
  Amortization           532        45       577          576        39        615
                     -------   --------  -------     --------   -------    -------
Gross Profit         $   530   $    208      738     $    812   $   172        984
                     =======   ========              ========   =======
Selling, General &
  Administrative                           1,230                             1,199
                                         -------                           -------

Income (loss) from Operations            $  (492)                          $  (215)
                                         ========                           =======
</TABLE>

<TABLE>
<CAPTION>
                                       Three Months Ended June 30,
                    ---------------------------------------------------------------
                               2000                              1999
                    ----------------------------     ------------------------------
                    Network   Telecommu-             Network    Telecommu-
                    Services   nication              Services    nication
                      Group    Services   Total      Group       Services   Total
                     -------   --------  -------     --------   ---------  --------
<S>                  <C>       <C>       <C>          <C>       <C>        <C>
Revenues             $ 1,855   $   439   $ 2,294      $ 2,561   $   340    $ 2,901

Cost of Operations     1,082       334     1,416        1,294       220      1,514
Depreciation and
  Amortization           261        25       286          288        20        308
                     -------   --------  -------     --------   -------   --------
Gross Profit         $   512   $    80       592     $    979   $   100      1,079
                     =======   =======               ========   =======
Selling, General &
  Administrative                             580                               586
                                         -------                          --------
Income from Operations                   $    12                          $    493
                                         =======                          ========

Identifiable Assets  $ 3,885   $   518   $ 4,403     $  5,720   $   470   $  6,190
                     =======   =======   =======     ========   =======   ========




6.   SALE OF ASSETS

     On May 7, 2000, the Company consummated an agreement with a major customer
to sell certain assets and to assign to the customer all television production
contracts between the Company and the customer for a cash purchase price of
$1.6 million.  The majority of the proceeds were used to pay down the Company's
bank debt and a pretax gain of approximately $712,000 was recorded on the
transaction.


7.   STOCK SPLIT

     On May 30, 2000, the Company effected a four-for-one split of its common
stock.




ITEM 2: MANAGEMENT'S DISCUSSION and ANALYSIS of
FINANCIAL CONDITION and RESULTS OF OPERATONS
TRIDENT MEDIA GROUP, INC. and SUBSIDIARIES

The following discussion of the financial condition and operating results of
Trident should be read in conjunction with Trident's Financial Statements and
notes thereto, and other financial information included elsewhere in this
report.  This report contains forward-looking statements that involve a number
of risks and uncertainties.  In addition to the factors discussed elsewhere in
this report, among the other factors that could cause actual results to differ
materially are the following: business conditions and the general economy;
governmental regulation of the Company's telecommunications services and of the
pari-mutuel and gaming industries in general; competitive factors such as rival
service providers, alternative methods of broadcasting and an increasing
variety of telecommunication products being offered to the general public;
consolidation in the ownership of the Company's principal customers and the
risks associated with providing services to the gaming industry.


RESULTS OF OPERATIONS
---------------------

     The Company reported net income of $46,400 for the six months ended June
30, 2000, as compared to a net loss of $238,600 for the same period of 1999.
For the three months ended June 30, 2000, the Company reported net income of
$428,300 as compared to net income of $261,600 for the same period of the prior
year. On May 7, 2000, the Company completed a sale (which resulted in a pretax
gain of approximately $700,000) of certain assets to a major customer.  The
first calendar quarter of the year historically shows a net loss, primarily due
to the cyclical nature of the Company's core business activities.  The majority
of the Company's current services are provided to customers in the pari-mutuel
wagering industry with racing schedules heavily weighted to the late spring and
summer months.


Revenues
--------

     The Company reported revenues of $3.6 million and $2.3 million for the six
and three months ended June 30, 2000, respectively, as compared to $4.2 million
and $2.9 million for the same periods in 1999.  The decrease in revenues of
$0.6 million for the six and three month periods from 1999 to 2000 was caused
by: 1) a decrease in revenues from TV Production activities of approximately
$0.3 million (primarily as a result of the sale of certain contracts to a major
customer in May of 2000) and 2) a decrease in revenues of approximately $0.5
million from the Company's Communications/Broadcast activities due to the non-
renewal of certain contracts.  Higher revenues of approximately $0.2 million
directly related to the Company's prepaid telephone calling card business
offset these decreases.


Cost of Operations
------------------

     Cost of operations amounted to $2.3 million and $1.4 million for the six
and three months ended June 30, 2000, respectively, as compared to $2.7 million
and $1.5 million for the same periods of the prior year.  The decrease of $0.4
million from 1999 to 2000 for the six months ended June 30 primarily relates to
lower costs incurred for satellite time.  In 1999, the Company leased a full-
time transponder at a cost of $135,000 per month versus only paying for actual
satellite time incurred in 2000.


Selling, General and Administrative Expenses
--------------------------------------------

     The Company reported selling, general and administrative expenses of  $1.2
million and $0.6 million for the six and three months ended June 30, 2000,
respectively.  Approximately the same amounts were reported for the same
periods of 1999 as the Company has been able to effectively control its fixed
overhead costs.


Depreciation and Amortization
-----------------------------

     Depreciation and amortization for the six and three months ended June 30,
2000 were approximately the same as the comparable periods of the prior year.


Interest Expense
----------------

     Interest expense decreased slightly from 1999 to 2000 primarily as a
result of the payoff of approximately $1.2 million in bank debt with the
proceeds from the sale of certain assets and contracts discussed above.


FACTORS THAT MAY AFFECT FUTURE RESULTS
--------------------------------------

     The Company's primarily business of providing services to the pari-mutuel
gaming industry is subject to concentrations of risk.  The Company derives a
significant portion of its revenues (approximately 25% in fiscal year 1999)
from three racetrack operators.  The loss of one or more of these customers
could have a material adverse impact on the Company's operating results.


LIQUIDITY AND CAPITAL RESOURCES
-------------------------------

     The Company had current assets of $1.6 million and current liabilities of
$1.6 million as of June 30, 2000.  Stockholders' equity was approximately $1.2
million at December 31, 1999 and June 30, 2000.

     At June 30, 2000, the Company had a credit facility with its principal
lender consisting of a term loan of $0.8 million and a revolving line of credit
based on accounts receivable balances of $1.0 million (of which $0.4 million
was drawn down at June 30, 2000).  The lending agreement requires the Company
to meet certain financial ratios and maintain certain tangible net worth
levels.  Based on its current operating performance and prior experience the
Company believes that its current credit facilities are sufficient to meet its
immediate needs.

     During the next twelve months, the Company's foreseeable cash requirements
include capital expenditures to support its core business, repairs and
maintenance of its equipment and facilities, and new equipment to support
corporate growth.  In addition, the Company operates primarily under long-term
non-cancelable contracts with major establishments in the sports and wagering
industries, which provides a reliable and predictable revenue stream.  During
the first three or four months of the calendar year the Company historically
shows negative cash flow due to the cyclical nature of the Network Services
Group's business activities.








                           PART II - OTHER INFORMATION



ITEM 1:  LEGAL PROCEEDINGS

         None

ITEM 6:     EXHIBITS AND REPORTS ON FORM 8K

     (a)     Exhibits -

             Exhibit 27.00 -  Financial Data Schedule


     (b)     Reports on Form 8-K - None



                                  SIGNATURES



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



                                             TRIDENT MEDIA GROUP, INC.



Dated:     August 14, 2000                   By:  /s/Harlyn C. Enholm
                                                  Executive Vice President and
                                                  Chief Financial Officer












</TABLE>