UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB
(Mark One)

  X   Quarterly Report  Under Section 13 or 15(d) of the Securities Exchange Act
 ---- of 1934 (No Fee Required)

      For the quarterly period ended September 30, 2002

      Transition Report Under Section 13 or 15(d) of the Securities Exchange Act
 ---- of 1934 (No Fee Required)

      For the transition period from                       to               .
                                    ----------------------   ---------------

         Commission file number     000-31012
                                    ----------------------------------------



                       NT Media Corp. of California, Inc.
                       ----------------------------------
        (Exact Name of Small Business Issuer as Specified in its Charter)


            Delaware                                         94-3357128
 -------------------------------                     ------------------------
 (State or Other Jurisdiction of                     (IRS Employer ID Number)
 Incorporation or Organization)

           6525 Sunset Blvd, Suite 707, Los Angeles, California 90027
       ------------------------------------------------------------------
                    (Address of Principal Executive Offices)

                                  323-856-5055
                                  ------------
                 (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  Securities  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 such filing requirements for the past 90 days.

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

                      APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date:

Number of shares of common stock outstanding as of September 30, 2002:

                                                                      30,000,000
                                                                      ----------
                                        1

<PAGE>
                 NT MEDIA CORP. OF CALIFORNIA, INC. & SUBSIDIARY
                          (DEVELOPMENT STAGE COMPANIES)




                                      INDEX


                                                                 Page
                                                               --------

PART 1: FINANCIAL INFORMATION

ITEM 1 - Financial Statements

       Independent Accountants' Report                             2

       Condensed Consolidated Balance Sheet as of
         September 30, 2002 (Unaudited)                            3

       Condensed Consolidated Statements of Operations
         For the Quarter and Year-to-date Periods Ended
          September 30, 2002 and 2001 (Unaudited), and
         For the Period From June 4, 1999 (Inception)
           to September 30, 2002 (Unaudited)                       4

       Condensed Consolidated Statements of Cash Flows
         For the Year-to-date Periods Ended September
           30, 2002 and 2001 (Unaudited), and
         For the Period From June 4, 1999 (Inception)
           to September 30, 2002 (Unaudited)                       5

      Selected Information - Substantially All Disclosures
           Required By Generally
           Accepted Accounting Principles Are Not Included       8 - 9

ITEM 2 - Plan of Operations                                     10 - 12



















                                        2
<PAGE>
                         INDEPENDENT ACCOUNTANTS' REPORT





November 5, 2002





To The Board of Directors and Stockholders
NT Media Corp. of California, Inc.
Los Angeles, California

We have reviewed the  accompanying  condensed  consolidated  balance sheet of NT
Media Corp. of  California,  Inc. and  Subsidiary  (Delaware  Development  Stage
Companies)  as  of  September  30,  2002,  the  related  condensed  consolidated
statements  of  operations  for  the  quarter  and  year-to-date  periods  ended
September 30, 2002 and 2001, and for the period from June 4, 1999 (inception) to
September 30, 2002, the condensed consolidated  statements of cash flows for the
year-to-date  periods ended September 30, 2002 and 2001, and for the period from
June 4, 1999 (inception) to September 30, 2002.  These financial  statements are
the responsibility of the Company's management.

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

Based on our review, we are not aware of any material  modifications that should
be made to the September 30, 2002 condensed  consolidated  financial  statements
for them to be in conformity with generally accepted accounting principles.

The accompanying  condensed consolidated financial statements have been prepared
assuming that the Corporation will continue as a going concern.  As discussed in
Note 5 to the condensed  consolidated  financial statements,  and Note 15 to the
annual financial  statements for the year ended December 31, 2001 (not presented
herein),  certain  conditions  raise  substantial  doubt  about its  ability  to
continue as a going concern.  Management's  plans in regard to these matters are
also described in Notes 5 and 15 to the respective financial statements.




CALDWELL, BECKER, DERVIN, PETRICK & CO., L.L.P.
Woodland Hills, California





                                        3
<PAGE>
                 NT MEDIA CORP. OF CALIFORNIA, INC. & SUBSIDIARY
                          (DEVELOPMENT STAGE COMPANIES)
                          PART 1: FINANCIAL INFORMATION
                          ITEM 1: FINANCIAL STATEMENTS
                      CONDENSED CONSOLIDATED BALANCE SHEET
                               SEPTEMBER 30, 2002
                                   (UNAUDITED)

                                     ASSETS


CURRENT ASSETS
  Interest receivable                                           $      6,393
                                                                ------------
          Total Current Assets                                         6,393
                                                                ------------
PROPERTY AND EQUIPMENT,
 net of accumulated depreciation of $8,671                             8,113
                                                                ------------
          Total Assets                                          $     14,506
                                                                ============
                     LIABILITIES AND STOCKHOLDERS' (DEFICIT)

CURRENT LIABILITIES
  Cash overdraft                                                $         50
  Accounts payable - trade                                           209,138
  Accrued salaries and payroll taxes                                 153,451
  Notes payable - related parties, including interest of $6,689       99,981
                                                                ------------
          Total Current Liabilities                                  462,620
                                                                ------------
CONVERTIBLE NOTES PAYABLE,
 including accrued interest of $91,684                             1,009,484
                                                                ------------
          Total Liabilities                                        1,472,104
                                                                ------------
STOCKHOLDERS' (DEFICIT)
  Preferred stock, par value $.001 per share, 5,000,000 shares
   authorized, 0 shares issued and outstanding                             -
  Common stock, par value $.001 per share; 100,000,000 shares
   authorized, 30,000,000 shares issued and outstanding               30,000
  Additional paid-in capital                                         753,982
  Less receivable from sale of stock                                 (69,482)
  (Deficit) accumulated during development stage                  (2,172,098)
                                                                ------------
          Total Stockholders' (Deficit)                           (1,457,598)
                                                                ------------
          Total Liabilities and Stockholders' (Deficit)         $     14,506
                                                                ============





               See Accompanying Selected Information to Unaudited
                   Condensed Consolidated Financial Statements

                                        4
<PAGE>
                 NT MEDIA CORP. OF CALIFORNIA, INC. & SUBSIDIARY
                          (DEVELOPMENT STAGE COMPANIES)
                          PART 1: FINANCIAL INFORMATION
                          ITEM 1: FINANCIAL STATEMENTS
                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (UNAUDITED)

<TABLE>
<S>                               <C>          <C>          <C>          <C>          <C>
                                                                                      For the Period
                                       For the Quarters       For the Year-To-Date         from
                                             Ended                   Periods           June 4, 1999
                                         September 30,         Ended September 30,    (Inception) to
                                  ------------------------  ------------------------   September 30,
                                       2002         2001        2002         2001          2002
                                  -----------  -----------  -----------  -----------  -------------
REVENUE                           $         -  $       219  $    56,800  $    34,928  $      93,589
                                  -----------  -----------  -----------  -----------  -------------
OPERATING EXPENSES
  Advertising                               -          615            -        2,220         81,176
  Consulting fees                      12,000            -       52,000        1,879         53,879
  Depreciation and amortization           839       25,319        2,517       75,957        123,406
  Impairment loss                           -       83,292            -       83,292        180,328
  Licensing and production                  -          165            -       34,504        115,714
  Professional fees                     6,105       29,528       42,530      116,207        247,234
  Rent                                  5,783       53,444       59,288       91,559        205,559
  Salaries - Web site development
    and maintenance                         -       15,867            -      136,346        372,319
  Salaries - Administration            24,750        3,967       90,500       38,992        201,580
  Travel                                5,443        1,878       13,595       13,364         74,789
  Web hosting services                    306       12,049          756       44,303        102,615
  Other                                18,735       20,437       64,839       77,614        398,883
                                  -----------  -----------  -----------  -----------  -------------
      Total Operating Expenses         73,961      246,561      326,025      716,237      2,157,482
                                  -----------  -----------  -----------  -----------  -------------
      (Loss) Before Other Income
       (Expenses) and Provision
       for Income Taxes               (73,961)    (246,342)    (269,225)    (681,309)    (2,063,893)

OTHER INCOME (EXPENSES)
  Interest income                       1,089        2,066        3,267        2,066          6,393
  Litigation settlement                     -            -      (21,564)           -        (21,564)
  Debt forgiveness                     12,296            -       12,296            -         12,296
  Interest expense                    (16,358)     (12,763)     (45,578)     (30,180)       (98,130)
                                  -----------  -----------  -----------  -----------  -------------
      (Loss) Before Provision for
       Income Taxes                   (76,934)    (257,039)    (320,804)    (709,423)    (2,164,898)

(PROVISION) FOR INCOME TAXES             (800)           -       (3,200)      (1,600)        (7,200)
                                  -----------  -----------  -----------  -----------  -------------
      Net (Loss)                  $   (77,734) $  (257,039) $  (324,004) $  (711,023) $  (2,172,098)
                                  ===========  ===========  ===========  ===========  =============
      (Loss) per common share     $    (0.003) $    (0.009) $    (0.011) $    (0.026) $      (0.092)
                                  ===========  ===========  ===========  ===========  =============
Weighted average common shares
  outstanding                      30,000,000   30,000,000   30,000,000   27,425,055     23,606,411
                                  ===========  ===========  ===========  ===========  =============
</TABLE>




               See Accompanying Selected Information to Unaudited
                   Condensed Consolidated Financial Statements

                                        5

<PAGE>
                 NT MEDIA CORP. OF CALIFORNIA, INC. & SUBSIDIARY
                          (DEVELOPMENT STAGE COMPANIES)
                          PART 1: FINANCIAL INFORMATION
                          ITEM 1: FINANCIAL STATEMENTS
                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)

<TABLE>
<S>                                                        <C>           <C>             <C>
                                                                                           For the
                                                              For the Year-To-Date      Period from
                                                                     Periods            June 4, 1999
                                                                Ended September 30,    (Inception) to
                                                           --------------------------   September 30,
                                                               2002          2001            2002
                                                           -----------   -----------   ---------------
CASH FLOWS PROVIDED (USED) BY OPERATING ACTIVITIES:
  Net (loss)                                               $  (324,004)  $  (711,023)    $(2,172,098)
  Adjustment to reconcile net (loss) to net cash
   provided (used) by operating activities:
     Depreciation                                                2,517        75,957         123,406
     Impairment loss                                                 -        83,292         180,328
     Operating expenses paid by issuance of stock options            -             -          19,500
     Operating expenses paid by reducing note receivable
       from officer                                                  -         5,000          10,000
     Increase in accounts payable and accrued expenses          56,627        73,941         209,138
     Increase in accrued salaries and payroll taxes payable    100,801             -         153,451
     Increase in accrued interest for convertible notes
        and notes payable                                       46,316        30,871          98,373
     (Increase) in interest receivable                          (3,267)       (2,059)         (6,393)
     Decrease in deposits                                        1,821         9,878               -
                                                           -----------   -----------   -------------

        Net Cash Flows (Used) by Operating Activities         (119,189)     (434,143)     (1,384,295)
                                                           -----------   -----------   -------------

CASH FLOWS PROVIDED (USED) BY INVESTING ACTIVITIES:
  Notes receivable from officers                                     -             -         (16,048)
  Proceeds from notes receivable from officers                       -             -           6,048
  Investment in property and equipment                               -          (780)        (18,879)
  Investment in Web site development costs                           -             -        (292,968)
                                                           -----------   -----------   -------------

        Net Cash Flows (Used) by Investing Activities                -          (780)       (321,847)
                                                           -----------   -----------   -------------

CASH FLOWS PROVIDED (USED) BY FINANCING ACTIVITIES:
  Proceeds from note payable to officer                         11,514        32,400         102,359
  Payment of note payable to officer                            (4,067)            -          (9,067)
  Proceeds from common stock issued                                  -             -         695,000
  Proceeds from issuance of convertible notes                  108,700       391,000         917,800
                                                           -----------   -----------   -------------

        Net Cash Flows Provided by Financing Activities        116,147       423,400       1,706,092
                                                           -----------   -----------   -------------
</TABLE>








               See Accompanying Selected Information to Unaudited
                   Condensed Consolidated Financial Statements

                                        6
<PAGE>
                 NT MEDIA CORP. OF CALIFORNIA, INC. & SUBSIDIARY
                          (DEVELOPMENT STAGE COMPANIES)
                          PART 1: FINANCIAL INFORMATION
                          ITEM 1: FINANCIAL STATEMENTS
           CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (continued)
                                   (UNAUDITED)

<TABLE>
<S>                                                        <C>           <C>             <C>
                                                                                           For the
                                                              For the Year-To-Date       Period from
                                                                     Periods            June 4, 1999
                                                                Ended September 30,    (Inception) to
                                                           --------------------------   September 30,
                                                               2002           2001           2002
                                                           ------------  ------------  --------------

(DECREASE) IN CASH                                              (3,042)      (11,523)            (50)

CASH AT THE BEGINNING OF THE PERIODS                             2,992         3,512               -
                                                           -----------   -----------   -------------
CASH AT THE END OF THE PERIODS                             $       (50)  $    (8,011)          $ (50)
                                                           ===========   ===========   =============
ADDITIONAL DISCLOSURES:
       Cash paid during the periods for:
         Income taxes                                      $         -   $     1,600   $       4,000
                                                           ===========   ===========   =============
         Interest                                          $       747   $         -   $         747
                                                           ===========   ===========   =============
</TABLE>




























               See Accompanying Selected Information to Unaudited
                   Condensed Consolidated Financial Statements

                                        7
<PAGE>
                NT MEDIA CORP. OF CALIFORNIA, INC. AND SUBSIDIARY
                          (DEVELOPMENT STAGE COMPANIES)
                              SELECTED INFORMATION
              Substantially All Disclosures Required By Generally
                Accepted Accounting Principles Are Not Included
                               SEPTEMBER 30, 2002


NOTE 1 - BASIS OF PRESENTATION

The accompanying unaudited condensed consolidated financial statements have been
prepared in accordance  with the  instructions  to Form 10QSB and do not include
all  the  information  and  notes  required  by  generally  accepted  accounting
principles for complete financial statements. In the opinion of management,  the
accompanying  unaudited condensed  consolidated financial statements contain all
adjustments  (all of which are normal and  recurring  in  nature)  necessary  to
present fairly the financial position of NT Media Corp. of California,  Inc. and
Subsidiary  (the Company) at September  30, 2002,  and the results of operations
and cash flows for the period ended September 30, 2002.

The notes to the audited  financial  statements  for the year ended December 31,
2001 should be read in conjunction with these condensed  consolidated  financial
statements.

The  results of  operations  for the  quarter  and  year-to-date  periods  ended
September 30, 2002 are not necessarily  indicative of the results to be expected
for the entire fiscal year or any other period.


NOTE 2 - USE OF ESTIMATES

The preparation of financial  statements in conformity  with generally  accepted
accounting principles requires management to make estimates and assumptions that
affect certain  reported amounts and  disclosures.  Accordingly,  actual results
could differ from those estimates.


NOTE 3 - RECLASSIFICATIONS

Certain  prior year balances  have been  reclassified  to conform to the current
year's presentation.


NOTE 4 - CONVERTIBLE NOTES

From January 1, 2002 through  September 30, 2002, the Company issued  additional
6% convertible  notes  totaling  $108,700.  All notes are  convertible to common
shares, $0.001 par value, at a conversion price that is equal to the average bid
price of the common stock for the five trading days  immediately  preceding  the
conversion  date. The notes are  convertible  when the Company's  securities are
trading  publicly and the underlying  stock of the debenture has been registered
with the SEC and declared effective. It is mandatory that the notes be converted
on the fifth year of their  anniversary date or are due and payable in the event
that the Company's shares of common stock are not publicly traded.



                                        8
<PAGE>
                NT MEDIA CORP. OF CALIFORNIA, INC. AND SUBSIDIARY
                          (DEVELOPMENT STAGE COMPANIES)
                              SELECTED INFORMATION
              Substantially All Disclosures Required By Generally
                Accepted Accounting Principles Are Not Included
                               SEPTEMBER 30, 2002


NOTE 5 - UNCERTAINTY OF ABILITY TO CONTINUE AS A GOING CONCERN

The financial  statements have been prepared  assuming the Company will continue
as  a  going  concern.  The  Company  has  incurred  net  losses  and  generated
insignificant revenue since its inception,  June 4, 1999. The Company has relied
on its  investors  to meet its cash  flow  requirements.  The  Company  plans to
generate the additional cash needed through the completion of additional equity,
debt, or joint venture  transactions.  There is no assurance,  however, that the
Company  will be able to  complete  its  plans  in the  future  at  commercially
reasonable terms, if at all, or that the Company will be able to meet its future
contractual obligations.


NOTE 6 - LITIGATION SETTLEMENT

On July 10,  2002,  the  Company's  subsidiary  settled a lawsuit with its prior
landlord in the amount of $100,000. For the year ended December 31, 2001 and the
six months  ended June 30,  2002,  the Company has accrued  $36,701 and $41,736,
respectively,  as rent expense for its rent commitments,  which totaled $78,437.
For the quarter  ended June 30,  2002, a  litigation  settlement  expense in the
amount of $21,563 was recorded for the difference.


NOTE 7 - EARNINGS PER SHARE

Fully  diluted  per  share  data  is not  presented,  as the  effects  would  be
antidilutive.


NOTE 8 - STOCK OPTIONS

On August 7, 2002,  the Company's CEO and Board of Directors  approved the grant
of stock options to one shareholder and an independent consultant to purchase an
aggregate of 10,000 shares of its common stock. These options are vested 100% at
the date of grant and have an exercise price of $0.15,  which is the fair market
value of the Company's common stock at the date of grant. If not exercised,  the
options will expire August 6, 2004.  As of September  30, 2002,  the Company has
75,000 options that were issued and  exercisable.  These options were not issued
as part of any registered Stock Option Plan.










                                        9

<PAGE>
                NT MEDIA CORP. OF CALIFORNIA, INC. AND SUBSIDIARY
                          (DEVELOPMENT STAGE COMPANIES)
                           ITEM 2 - PLAN OF OPERATIONS



PLAN OF OPERATIONS

The following  information specifies certain  forward-looking  statements of the
management  of the  company.  Forward-looking  statements  are  statements  that
estimate  the  occurrence  of  future  events  not  based  on  historical  fact.
Forward-looking  statements  may be  identified  by the  use of  forward-looking
terminology,  such as "may", "shall",  "will",  "could",  "expect",  "estimate",
"anticipate",   "predict",  "probable",  "possible",  "should",  "continue",  or
similar terms,  variations of those terms or the negative of those terms.  These
forward-looking  statements  specified  in the  following  paragraphs  have been
compiled  by NT Media  Corp.  of  California,  Inc.  ("NT  Media  Corp."  or the
"Company")  on the basis of  assumptions  made by management  and  considered by
management to be reasonable.  NT Media Corp.'s operating results,  however,  are
impossible  to predict and no  representation,  guarantee,  or warranty is to be
inferred from those forward-looking statements.

Plan of Operation for the Next Twelve Months

NT Media Corp.'s  business  includes the  development  and production of feature
films and  television  programs,  and the  provision of  international  business
development and strategy consulting services. With its existing operations,  the
Company   generates   or  will   generate   revenue   through   producer   fees,
license/acquisition fees (theatrical, network television, cable television, home
video, syndication, and foreign territories),  participation fees (percentage of
box office and ancillary gross or adjusted gross revenue with respect to feature
film and  television  production),  and  consulting  fees and  commissions  with
respect to  business  development  and  strategy  consulting.  The  Company  has
recently  discontinued  various lines of business of its subsidiary  Ecast Media
Corporation,  Inc.  ("Ecast")  and  expects  revenues  and losses  from  Ecast's
business to decline accordingly.

The Company has  developed  and is now  pursuing  an  acquisition-driven  growth
strategy.   In  particular,   the  Company  intends  to  expand  vertically  and
horizontally in the entertainment  and media sector through  acquisitions in the
design, production,  and interactive game sub-sectors.  The Company is currently
exploring  opportunities  among types of companies  including but not limited to
feature  film  and  television  production,  commercial  and  broadcast  design,
animation,  visual  effects,  interactive  game  developers for PC and consoles,
marketing/branding  firms,  commercial  production,  and interactive  television
design and production.  In its targeted acquisition strategy,  the Company hopes
to  generate  revenue  based on the core  operation(s)  of one or more  acquired
companies.  There  can be no  assurance  that  this  expansion  strategy  can be
implemented, and, if implemented, will result in profitable operations.

Over the next twelve-month period, the Company anticipates needing the following
operating capital amounts:





                                       10
<PAGE>
      Purpose                                                   Amount
      -------                                             ------------------
      Growth Capital for Acquired Subsidiaries            $          600,000
      Additional Employees                                           200,000
      Marketing and Public Relations Campaigns                       100,000
      Participation in Industry and Trade Functions                   50,000
      Ongoing Operations                                           1,000,000

Outside   financing  will  continue  to  be  necessary  to  meet  the  Company's
anticipated  working  capital  needs for the  foreseeable  future.  The  Company
anticipates that its major  shareholders will make capital  investments or loans
of  convertible  debt to pay  the  operating  expenses  of the  Company  for the
foreseeable  future.  Cash requirements may also be met through the cash flow of
acquired subsidiary operations if the Company's acquisition strategy is realized
during the current year. Given its current financial  position for the immediate
future,  the  Company  expects to operate its  current  lines of business  under
strict  budgetary  constraints  in order to keep  operating  expenses  as low as
possible until new core businesses are acquired.

NT  Media  Corp.  does  not  anticipate  the  purchase  or sale of  plant or any
significant equipment.

The  Company  presently  employs  two  staff  members,  including  officers  and
directors.  The  Company  will not  hire  any  additional  employees  unless  it
generates significant revenue via either existing operations or acquisitions.

The Company is actively  recruiting a network of key advisors and establishing a
pipeline for  entertainment  projects and  consulting  engagements.  The Company
utilizes its  advisors and  professional  network of  relationships  to identify
acquisition opportunities.

With the exception of the lease on its primary business address,  NT Media Corp.
has no material  commitments.  The Company leases,  on a  month-to-month  basis,
approximately  300 sq. ft. of office space at 6525 Sunset Blvd.,  Suite 707, Los
Angeles,  CA 90028 for its executive,  administrative and operating offices at a
monthly  rent of $650.  NT Media Corp.  anticipates  that these  offices will be
adequate to meet its needs for the foreseeable future.

To the extent the Company is able to obtain  sufficient  capital for its use and
purposes  set  forth  herein,   NT  Media  Corp.  will  be  able  to  accelerate
implementation of its business plan.

The Company does not expect to significantly increase its business operations or
revenue  generation  until it acquires one or more companies  adding  additional
lines of business to the Company's  operations.  Such  acquisitions may take the
form of the  purchase of assets,  a corporate  merger or some other  transaction
designed to have the Company own and continue operating the acquired businesses.


Liquidity and Capital Resources.

At September 30, 2002, the Company had a cash  overdraft of $50.  Because we are
not generating substantial revenues from our existing operations and have yet to
implement our acquisition  driven growth strategy,  our only external sources of
liquidity  are from the  issuance  of  convertible  debt and sale of our capital
stock.

                                       11
<PAGE>
From inception,  the Company incurred significant  operating losses and utilized
significant  amounts of cash to fund  operations.  The  Company is in a critical
stage in its growth as it  continues  to  transition  from a  development  stage
company to a fully  operational  company with complete  marketing and production
capabilities.

NT Media Corp.'s primary  business  address is 6525 Sunset Blvd,  Suite 707, Los
Angeles,  California.  The telephone number of its principal executive office is
323-856-5055.
















































                                       12