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 March 31, 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)

           9229 Sunset Blvd, Suite 401, Los Angeles, California 90069
       ------------------------------------------------------------------
                    (Address of Principal Executive Offices)

                                  310-205-4825
                                  ------------
                 (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 March 31, 2002:  30,000,000
                                                                   ------------

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


                                      INDEX

                                                                  Page
                                                               ------------

PART 1: FINANCIAL INFORMATION

ITEM 1 - Financial Statements

  Independent Accountants' Report                                    2

  Condensed Balance Sheet (Unaudited)
             as of March 31, 2002                                    3

  Condensed Statements of Operations
   For the Three Months Ended March 31, 2002
                   and 2001 (Unaudited), and
   For the Period From June 4, 1999 (Inception)
                   to March 31, 2002 (Unaudited)                     4

  Condensed Statements of Cash Flows
   For the Three Months Ended March 31, 2002 and 2001
                   (Unaudited), and
   For the Period From June 4, 1999 (Inception) to
                   March 31, 2002 (Unaudited)                        5

  Selected Information - Substantially All Disclosures
                   Required by Generally
   Accepted Accounting Principles are Not Included                   6

ITEM 2 - Management's Discussion and Analysis of
                   Financial Condition and Results of Operations     8

Signatures                                                          10


















                                       1
<PAGE>






                         INDEPENDENT ACCOUNTANTS' REPORT





May 2, 2002


To The Board of Directors and Stockholders of
NT Media Corporation of California, Inc. and Subsidiary
Encino, California

We  have  reviewed  the  accompanying   condensed  balance  sheet  of  NT  Media
Corporation  of  California,  Inc. and Subsidiary  (Delaware  Development  Stage
Companies) as of March 31, 2002, the related condensed  statements of operations
and the condensed statements of cash flows, for the three months ended March 31,
2002 and 2001,  and for the period  from June 4, 1999  (Inception)  to March 31,
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 March 31, 2002 condensed  financial  statements for them to be in
conformity with generally accepted accounting principles.

The accompanying condensed financial statements have been prepared assuming that
the Corporation will continue as a going concern.  As discussed in Note 5 to the
condensed 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




                                       2
<PAGE>
             NT MEDIA CORPORATION OF CALIFORNIA, INC. AND SUBSIDIARY
                          (DEVELOPMENT STAGE COMPANIES)
                          PART 1: FINANCIAL INFORMATION
                          ITEM 1: FINANCIAL STATEMENTS
                             CONDENSED BALANCE SHEET
                                 MARCH 31, 2002
                                   (UNAUDITED)
                                     ASSETS
CURRENT ASSETS
  Cash                                                             $    16,918
  Accounts receivable, net of allowance for bad debt of $15,000             --
  Interest receivable                                                    4,215
                                                                   -----------
             Total Current Assets                                       21,133

PROPERTY AND EQUIPMENT,
  net of accumulated depreciation of $6,993                              9,791

WEB SITE  DEVELOPMENT COSTS,
  net of accumulated amortization of $292,968                               --

OTHER ASSETS
  Deposit                                                                1,821
                                                                   -----------
             Total Assets                                          $    32,745
                                                                   ===========
                     LIABILITIES AND STOCKHOLDERS' (DEFICIT)

CURRENT LIABILITIES
  Accounts payable - trade                                         $   184,870
  Accrued salaries and payroll taxes                                    91,851
  Notes payable - related parties, including interest of $3,508         90,685
                                                                   -----------
             Total Current Liabilities

CONVERTIBLE NOTES PAYABLE,
  including accrued interest of $64,136                                917,136
                                                                   -----------
             Total Liabilities                                       1,284,542
                                                                   -----------
STOCKHOLDERS' (DEFICIT)
  Preferred stock, par value $.001 per share, 5,000,000
    shares authorized, no 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                    (1,966,297)
                                                                   -----------
             Total Stockholders' (Deficit)                          (1,251,797)
                                                                   -----------
             Total Liabilities and Stockholders' (Deficit)         $    32,745
                                                                   ===========

                    See Accompanying Selected Information to
                    Unaudited Condensed Financial Statements
                                       3
<PAGE>
             NT MEDIA CORPORATION OF CALIFORNIA, INC. AND SUBSIDIARY
                          (DEVELOPMENT STAGE COMPANIES)
                          PART 1: FINANCIAL INFORMATION
                          ITEM 1: FINANCIAL STATEMENTS
                       CONDENSED STATEMENTS OF OPERATIONS
                                   (UNAUDITED)

                                                               For the period
                                                              from June 4, 1999
                                        For the Three Months   (Inception) to
                                           Ended March 31,         March 31,
                                          2002          2001         2002
                                     ------------  ------------  ------------
REVENUE                              $     25,000  $        111  $     61,789
                                     ------------  ------------  ------------
OPERATING EXPENSES
  Advertising                                  --            --        81,176
  Depreciation and amortization               839        25,322       121,728
  Impairment loss                              --            --       180,328
  Licensing and production                     --         1,000       115,714
  Professional fees                        20,883        32,753       225,773
  Rent                                     26,072        14,773       171,836
  Salaries - Web site development and
      maintenance                              --        58,877       372,319
  Salaries - administrative                34,500        19,625       145,580
  Web hosting services                         --         9,984       102,073
  Other                                    45,597        27,004       442,820
                                     ------------  ------------  ------------
       Total Operating Expenses           127,891       189,338     1,959,347
                                     ------------  ------------  ------------
    (Loss) Before Other Expenses         (102,891)     (189,227)   (1,897,558)
OTHER INCOME (EXPENSES)
  Interest income                           1,089            --         4,215
  Interest expense                        (15,601)       (7,589)      (68,154)
                                     ------------  ------------  ------------
    (Loss) Before Provision for Income
       Taxes                             (117,403)     (196,816)   (1,961,497)

(PROVISION) FOR INCOME TAXES                 (800)           --        (4,800)
                                     ------------  ------------  ------------
       Net (Loss)                    $   (118,203) $   (196,816) $ (1,966,297)
                                     ============  ============  ============
    (Loss) per common share          $      (.004) $      (.008) $      (.087)
                                     ============  ============  ============
Weighted average common
 shares outstanding                    30,000,000    23,280,004    22,472,663
                                     ============  ============  ============






                    See Accompanying Selected Information to
                    Unaudited Condensed Financial Statements
                                        4


<PAGE>
             NT MEDIA CORPORATION OF CALIFORNIA, INC. AND SUBSIDIARY
                          (DEVELOPMENT STAGE COMPANIES)
                          PART 1: FINANCIAL INFORMATION
                          ITEM 1: FINANCIAL STATEMENTS
                       CONDENSED STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)
<TABLE>
<S>                                                        <C>           <C>           <C>
                                                                                           For the
                                                                                         period from
                                                           For the Three Months Ended   June 4, 1999
                                                                    March 31,          (Inception) to
                                                           --------------------------     March 31,
                                                                2002         2001           2002
                                                           ------------  -----------   --------------
CASH FLOWS PROVIDED (USED) BY OPERATING ACTIVITIES:
  Net (loss)                                               $  (118,203)  $  (196,816)  $ (1,966,297)
  Adjustments to reconcile net (loss) to net cash
   provided by operating activities:
  Depreciation                                                     839        25,322        121,728
  Impairment loss                                                   --            --        180,328
  Operating expenses paid by issuance of stock options              --            --         19,500
  Operating expenses paid by reducing note receivable
    from officer                                                    --         2,500         10,000
  (Decrease) increase in accounts payable and accrued expenses  32,359        (9,735)       184,870
  Increase in accrued interest for convertible notes and
    notes payable                                               15,587         7,589         67,644
  Increase in accrued salaries and payroll taxes payable        39,201            --         91,851
  Increase in interest receivable                               (1,089)           --         (4,215)
  (Increase) in deposits                                            --            --         (1,821)
                                                           -----------   -----------   ------------
     Net Cash Flows (Used) by Operating Activities             (31,306)     (171,140)    (1,296,412)
                                                           -----------   -----------   ------------
CASH FLOWS (USED) BY INVESTING  ACTIVITIES:                         --          (780)      (321,847)
                                                           -----------   -----------   ------------
CASH FLOWS PROVIDED (USED) BY FINANCING ACTIVITIES:
  Proceeds from note payable and advance from officer            1,332            --         92,177
  Payment of note payable to officer                                --            --         (5,000)
  Proceeds from issuance of convertible notes                   43,900       194,000        853,000
  Proceeds from common stock issued                                 --            --        695,000
                                                           -----------   -----------   ------------
     Net Cash Flows Provided by Financing Activities            45,232       194,000      1,635,177
                                                           -----------   -----------   ------------
INCREASE IN CASH                                                13,926        22,080         16,918

CASH AT THE BEGINNING OF THE PERIOD                              2,992         3,512             --
                                                           -----------   -----------   ------------
CASH AT THE END OF THE PERIOD                              $    16,918   $    25,592   $     16,918
                                                           ===========   ===========   ============
ADDITIONAL DISCLOSURES:
  Income taxes paid                                        $        --   $        --   $      4,000
                                                           ===========   ===========   ============
  Interest paid                                            $       203   $        --   $        203
                                                           ===========   ===========   ============
</TABLE>
                    See Accompanying Selected Information to
                    Unaudited Condensed Financial Statements

                                        5
<PAGE>
             NT MEDIA CORPORATION OF CALIFORNIA, INC. AND SUBSIDIARY
                          (DEVELOPMENT STAGE COMPANIES)
                              SELECTED INFORMATION
               Substantially All Disclosures Required by Generally
                Accepted Accounting Principles are Not Included
                                 MARCH 31, 2002

NOTE 1 - BASIS OF PRESENTATION

The accompanying  unaudited condensed 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  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
March 31,  2002,  and the results of  operations  and cash flows for the quarter
ended March 31, 2002.

The notes to the audited  Financial  Statements  for the year ended December 31,
2001 should be read in conjunction with these Condensed Financial Statements.

The results of  operations  for the three month  period ended March 31, 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 March 31, 2002, the Company issued an additional 6%
in  convertible  notes  totaling  $43,900.  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.

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



                                       6
<PAGE>
             NT MEDIA CORPORATION OF CALIFORNIA, INC. AND SUBSIDIARY
                          (DEVELOPMENT STAGE COMPANIES)
                              SELECTED INFORMATION
               Substantially All Disclosures Required by Generally
                Accepted Accounting Principles are Not Included
                                 MARCH 31, 2002

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

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 - CONCENTRATION

For the three months ended March 31, 2002, revenue from two customers  accounted
for 100% of total revenue.

NOTE 7 - EARNINGS PER SHARE

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































                                       7
<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:






                                       8
<PAGE>
                NT MEDIA CORP. OF CALIFORNIA, INC. AND SUBSIDIARY
                          (DEVELOPMENT STAGE COMPANIES)
                           ITEM 2 - PLAN OF OPERATIONS


      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  four 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  approximately 1000 sq. ft. of
office space at 9229 Sunset  Blvd.,  Suite 401,  Los  Angeles,  CA 90069 for its
executive,  administrative  and  operating  offices at a monthly  rent of $1,821
through April of 2002. The lease with respect to this facility  expires on April
30, 2002.  Following the  expiration of the lease,  the Company has been offered
the option to  continue  to rent these  offices on a  month-to-month  basis at a
monthly rent of $2,241 per month. NT Media Corp.  anticipates that these offices
will be adequate to meet its needs for the foreseeable future. In addition,  the
Company  subsidiary,  eCast, leased its previous operating office facilities for
various terms under long-term operating lease agreement during 1999 and 2000. On
August 31,  2001,  eCast  exercised  its  termination  rights  under these lease
agreements and terminated both leases at 5410 Wilshire Boulevard and vacated the
premises.  However, the landlord is seeking to recover approximately $125,000 in
future  rental  losses plus  out-of-pocket  costs.  Of this amount,  the Company
currently  reflects only $56,803,  which is the accrual of its lease commitments
through March 31, 2002 that have not yet been paid.



                                       9
<PAGE>
                NT MEDIA CORP. OF CALIFORNIA, INC. AND SUBSIDIARY
                          (DEVELOPMENT STAGE COMPANIES)
                           ITEM 2 - PLAN OF OPERATIONS

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 March 31, 2002, the Company had $16,918 of available cash. 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.

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 9229 Sunset Blvd,  Suite 401, Los
Angeles,  California.  The telephone number of its principal executive office is
310-205-4825.





                                   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.

                                  NT Media Corp. of California, Inc.

                              By: /s/ Christian Mehringer
                                 ---------------------------
                                      Christian Mehringer
                                      Chief Executive Officer

Dated May 8, 2002






                                       10