----

----

| x   QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. |
|--------------------------------------------------------------------------------------------------------|

|  ̈   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. |
|--------------------------------------------------------------------------------------------------------------|

| DIGITAL CREATIVE DEVELOPMENT CORPORATION               |
|--------------------------------------------------------|
| (Exact Name of Registrant as Specified in Its Charter) |

| Utah                                                           |       | 34-1413104                           |
|----------------------------------------------------------------|--------------------------------|--------------------------------------|
| (State or Other Jurisdiction of Incorporation or Organization) |                           | (I.R.S. Employer Identification No.) |

| 720 Fifth Avenue 10th Floor, New York, New York 10019 |
|-------------------------------------------------------|
| (Address of Principal Executive Offices)              |

| (212) 247-0581                                                                     |
|------------------------------------------------------------------------------------|
| (Issuer's telephone number, including area code)                                   |
|                                                                               |
|                                                                               |
| (Former Name, Former Address and Former Fiscal Year, if Changed Since Last Report) |

| Large accelerated filer o                                             |   | Accelerated filer o         |
|-----------------------------------------------------------------------|--------|-----------------------------|
|                                                                  |   |                        |
| Non-accelerated filer o (Do not check if a smaller reporting company) |   | Smaller reporting company x |

----

| Part I - FINANCIAL INFORMATION |
|--------------------------------|
|                           |   |   |
| Item 1.                        | CONDENSED FINANCIAL STATEMENTS | F-1 |
|                           |   |   |
|                           | Condensed Consolidated Balance Sheets as March 31, 2011 (Unaudited) and June 30, 2010 | F-1 |
|                           |   |   |
|                           | Condensed Consolidated (Unaudited) Statements of Operations and Comprehensive Loss for the three months and nine months ended March 31, 2011 and 2010 | F-2 |
|                           |   |   |
|                           | Condensed Consolidated (Unaudited) Statement of Stockholders’ Equity for the nine months ended March 31, 2011 | F-3 |
|                           |   |   |
|                           | Condensed Consolidated (Unaudited) Statements of Cash Flow for the nine months ended March 31, 2011 and 2010 | F-4 |
|                           |   |   |
|                           | Notes to Condensed Consolidated Financial Statements | F-5 - F-9 |
|                           |   |   |
| Item 2.                        | MANAGEMENT'S DISCUSSION AND ANALYSIS AND PLAN OF OPERATION | 3 |
|                           |   |   |
| Item 3.                        | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK | 4 |
|                           |   |   |
| Item 4.                        | CONTROLS AND PROCEDURES | 4 |
|                           |   |   |
| Part II                        | OTHER INFORMATION |   |
|                           |   |   |
| Item 1.                        | LEGAL PROCEEDINGS | 5 |
|                           |   |   |
| Item 1 A.                      | RISK FACTORS | 5 |
|                           |   |   |
| Item 2.                        | UNREGISTERED SALES OF EQUITY SECURITIES | 5 |
|                           |   |   |
| Item 3.                        | DEFAULTS UPON SENIOR SECURITIES | 5 |
|                           |   |   |
| Item 4.                        | SUBMISSION OF MATTERS TO A VOTE | 5 |
|                           |   |   |
| Item 5.                        | OTHER INFORMATION | 5 |
|                           |   |   |
| Item 6.                        | EXHIBITS AND REPORTS ON FORM 8-K | 5 |
|                           |   |   |
|                           | Signatures | 6 |
|                           |   |   |
|                           | Certifications |   |

----

| DIGITAL CREATIVE DEVELOPMENT CORPORATION AND SUBSIDIARY                             |   |
|-------------------------------------------------------------------------------------|--------|
| CONDENSED CONSOLIDATED BALANCE SHEETS                                               |   |
|                                                                                |   |
| ASSETS                                                                              |   |
|                                                                                |   | March 31, 2011 |   |   | June 30, 2010 |   |
|                                                                                |   | (Unaudited) |   |   | (Audited) |   |
|                                                                                |   | (in thousands) |   |
| CURRENT ASSETS                                                                      |   |   |   |   |   |   |
| Cash and cash equivalents                                                           |   | $ | 0.6 |   |   | $ | 0.6 |   |
| Marketable securities available-for-sale and non-marketable securities              |   |   |   |   |   |   |   |   |
| net of $300,000 at March 31, 2011 and June 30, 2010                                 |   |   | 180.6 |   |   |   | 180.6 |   |
|                                                                                |   |   | 181.2 |   |   |   | 181.2 |   |
|                                                                                |   |   |   |   |   |   |   |   |
| TOTAL ASSETS                                                                        |   | $ | 181.2 |   |   | $ | 181.2 |   |
|                                                                                |   |   |   |   |   |   |   |   |
| LIABILITIES AND STOCKHOLDERS' DEFICIT                                               |   |
|                                                                                |   |   |   |   |   |   |   |   |
| CURRENT LIABILITIES                                                                 |   |   |   |   |   |   |   |   |
| Accrued expenses and other liabilities                                              |   | $ | 588.6 |   |   | $ | 543.6 |   |
| Accrued interest                                                                    |   |   | 885.5 |   |   |   | 739.6 |   |
| Notes payable--related parties                                                      |   |   | 808.1 |   |   |   | 808.1 |   |
|                                                                                |   |   | 2,282.2 |   |   |   | 2,091.3 |   |
|                                                                                |   |   |   |   |   |   |   |   |
|                                                                                |   |   |   |   |   |   |   |   |
| STOCKHOLDERS' DEFICIT                                                               |   |   |   |   |   |   |   |   |
| Preferred Stock 2,000,000 Shares Authorized                                         |   |   |   |   |   |   |   |   |
| Series A Convertible, Par Value $1 ; 2,200 Shares Issued and                        |   |   |   |   |   |   |   |   |
| Outstanding; Involuntary Liquidation Preference of $ 1 Per Share                    |   |   |   |   |   |   |   |   |
| Plus Accrued and Unpaid Dividends                                                   |   |   | 2.2 |   |   |   | 2.2 |   |
| Series C, Par Value $100 ; 9,900 Shares Issued and                                  |   |   |   |   |   |   |   |   |
| Outstanding; Involuntary Liquidation Preference of $100 Per Share                   |   |   |   |   |   |   |   |   |
| Plus Accrued and Unpaid Dividends                                                   |   |   | 990.0 |   |   |   | 990.0 |   |
| Series D, Par Value $100 ; 4,000 Shares Issued and                                  |   |   |   |   |   |   |   |   |
| Outstanding; Involuntary Liquidation Preference of $100 Per Share                   |   |   |   |   |   |   |   |   |
| Plus Accrued and Unpaid Dividends                                                   |   |   | 400.0 |   |   |   | 400.0 |   |
| Common Stock, Par Value $.01; Authorized 75,000,000 Shares; Issued and Outstanding: |   |   |   |   |   |   |   |   |
| 53,864,165 Shares at March 31, 2011 and June 30 , 2010                              |   |   | 538.6 |   |   |   | 538.6 |   |
| Additional paid in capital                                                          |   |   | 38,242.8 |   |   |   | 38,242.8 |   |
| Accumulated other comprehensive loss                                                |   |   | (2,543.4 | ) |   |   | (2,543.4 | ) |
| Accumulated deficit                                                                 |   |   | (39,731.2 | ) |   |   | (39,540.3 | ) |
|                                                                                |   |   | (2,101.0 | ) |   |   | (1,910.1 | ) |
|                                                                                |   |   |   |   |   |   |   |   |
| TOTAL LIABILITIES AND  STOCKHOLDERS' DEFICIT                              |   | $ | 181.2 |   |   | $ | 181.2 |   |

----

| DIGITAL CREATIVE DEVELOPMENT CORPORATION AND SUBSIDIARY                |   |
|------------------------------------------------------------------------|--------|
| CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS |   |
| (Unaudited)                                                            |   |
|                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                   |   | For the Nine Months Ended March 31 , |   |   | For the Three Months Ended March 31, |   |
|                                                                   |   | 2011 |   |   | 2010 |   |   | 2011 |   |   | 2010 |   |
|                                                                   |   | (in thousands) |   |   | (in thousands) |   |
|                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |
| REVENUE                                                                |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| OPERATING EXPENSES                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| General and administrative expenses                                    |   |   | 45.0 |   |   |   | 45.0 |   |   |   | 15.0 |   |   |   | 15.0 |   |
|                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| LOSS FROM OPERATIONS                                                   |   |   | (45.0 | ) |   |   | (45.0 | ) |   |   | (15.0 | ) |   |   | (15.0 | ) |
|                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| OTHER INCOME (EXPENSE)                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest expense, net and other                                        |   |   | (145.9 | ) |   |   | (133.0 | ) |   |   | (49.1 | ) |   |   | (44.6 | ) |
| Realized losses on marketable securities available-for-sale            |   |   | - |   |   |   | (3.0 | ) |   |   | - |   |   |   | - |   |
|                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| TOTAL OTHER INCOME (EXPENSE)                                           |   |   | (145.9 | ) |   |   | (136.0 | ) |   |   | (49.1 | ) |   |   | (44.6 | ) |
|                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NET LOSS                                                               |   |   | (190.9 | ) |   |   | (181.0 | ) |   |   | (64.1 | ) |   |   | (59.6 | ) |
|                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| UNDECLARED PREFERRED STOCK DIVIDENDS                                   |   |   | (109.1 | ) |   |   | (109.1 | ) |   |   | (36.4 | ) |   |   | (36.4 | ) |
|                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NET LOSS APPLICABLE TO COMMON SHAREHOLDERS                             |   | $ | (300.0 | ) |   | $ | (290.1 | ) |   | $ | (100.5 | ) |   | $ | (96.0 | ) |
|                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| WEIGHTED AVERAGE NUMBER OF OUTSTANDING SHARES FOR                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| BASIC AND DILUTED EARNINGS PER SHARE                                   |   |   | 53,864.2 |   |   |   | 53,864.2 |   |   |   | 53,864.2 |   |   |   | 53,864.2 |   |
|                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| EARNINS PER COMMON SHARE                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                                                  |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
| Diluted                                                                |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| OTHER COMPREHENSIVE LOSS                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Unrealized gain (loss) on marketable securities available-for-sale     |   | $ | - |   |   | $ | (72.4 | ) |   | $ | - |   |   | $ | (30.2 | ) |
| Net loss                                                               |   |   | (190.9 | ) |   | $ | (181.0 | ) |   |   | (64.1 | ) |   |   | (59.6 | ) |
| TOTAL OTHER COMPREHENSIVE LOSS                                         |   | $ | (190.9 | ) |   | $ | (253.4 | ) |   | $ | (64.1 | ) |   | $ | (89.8 | ) |
|                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

| DIGITAL CREATIVE DEVELOPMENT CORPORATION AND SUBSIDIARY     |   |
|-------------------------------------------------------------|--------|
| CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' DEFICIT   |   |
| FOR THE NINE MONTHS ENDED MARCH 31, 2011                    |   |
| (unaudited)                                                 |   |
| (in thousands)                                              |   |
|                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | Accumulated |   |   |   |   |   |   |   |
|                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   | Additional |   |   | Other |   |   |   |   |   |   |   |
|                                                        |   | Preferred Stock |   |   | Common |   |   | Paid-in |   |   | Comprehensive |   |   | Accumulated |   |   |   |   |
|                                                        |   | Series A |   |   | Series C |   |   | Series D |   |   | Stock |   |   | Capital |   |   | Loss |   |   | Deficit |   |   | Total |   |
|                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  Balance at June 30, 2010 (audited)                    |   | $ | 2.2 |   |   | $ | 990.0 |   |   | $ | 400.0 |   |   | $ | 538.6 |   |   | $ | 38,242.8 |   |   | $ | (2,543.4 | ) |   | $ | (39,540.3 | ) |   | $ | (1,910.1 | ) |
|                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Unrealized loss on marketable securities available-for-sale |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss                                                    |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (190.9 | ) |   |   | (190.9 | ) |
|                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  Balance at March 31, 2011 (unaudited)                 |   | $ | 2.2 |   |   | $ | 990.0 |   |   | $ | 400.0 |   |   | $ | 538.6 |   |   | $ | 38,242.8 |   |   | $ | (2,543.4 | ) |   | $ | (39,731.2 | ) |   | $ | (2,101.0 | ) |

----

| DIGITAL CREATIVE DEVELOPMENT CORPORATION AND SUBSIDIARY                     |   |
|-----------------------------------------------------------------------------|--------|
| CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS                             |   |
| FOR THE NINE MONTHS ENDED MARCH 31,                                         |   |
| (unaudited)                                                                 |   |
|                                                                        |   |   |   |   |   |   |
|                                                                        |   | 2011 |   |   | 2010 |   |
|                                                                        |   | (in thousands) |   |
|                                                                        |   |   |   |   |   |   |
| CASH FLOWS FROM OPERATING ACTIVITES:                                        |   |   |   |   |   |   |
| Net loss                                                                    |   | $ | (190.9 | ) |   | $ | (181.0 | ) |
| Adjustments to reconcile net loss to net cash used in operating activities: |   |   |   |   |   |   |   |   |
| Net realized losses on marketable securities available-for-sale             |   |   | - |   |   |   | 3.0 |   |
|                                                                        |   |   |   |   |   |   |   |   |
| Changes in assets and liabilities:                                          |   |   |   |   |   |   |   |   |
| Increase in accounts payable, accrued expenses and other liabilities        |   |   | 190.9 |   |   |   | 178.0 |   |
|                                                                        |   |   |   |   |   |   |   |   |
| NET CASH USED IN OPERATING ACTIVITIES                                       |   |   | - |   |   |   | - |   |
|                                                                        |   |   |   |   |   |   |   |   |
| CASH FLOWS FROM INVESTING ACTIVITES:                                        |   |   |   |   |   |   |   |   |
| Proceeds from sale of investments, net of purchases                         |   |   | - |   |   |   | 0.2 |   |
|                                                                        |   |   |   |   |   |   |   |   |
| NET CASH PROVIDED BY INVESTING ACTIVITIES                                   |   |   | - |   |   |   | 0.2 |   |
|                                                                        |   |   |   |   |   |   |   |   |
| NET CHANGE IN CASH AND CASH EQUIVALENTS                                     |   | $ | - |   |   | $ | 0.2 |   |
|                                                                        |   |   |   |   |   |   |   |   |
| CASH AND EQUIVALENTS, beginning of period                                   |   |   | 0.6 |   |   |   | 0.4 |   |
|                                                                        |   |   |   |   |   |   |   |   |
| CASH AND EQUIVALENTS, end of period                                         |   | $ | 0.6 |   |   | $ | 0.6 |   |
|                                                                        |   |   |   |   |   |   |   |   |
| CASH PAYMENTS FOR:                                                          |   |   |   |   |   |   |   |   |
| Interest expense                                                            |   | $ | - |   |   | $ | - |   |
| Income taxes                                                                |   | $ | - |   |   | $ | - |   |

----

----

|                                                   | March 31,2011 |   | June 30,2010 |   |
|--------------------------------------------------------|---------------|--------|--------------|--------|
|                                                   | (Unaudited)   |   | (Audited)    |   |
| Marketable securities - current:                       |          |   |         |   |
| Broadcaster, Inc. common stock, - at cost              |          | $      | 2,724.0      |   |   | $ | 2,724.0 |   |
| Unrealized loss on marketable securities               |          |   | (2,543.4     | )      |   |   | (2,543.4 | ) |
| Net fair market value of marketable securities         |          |   | 180.6        |   |   |   | 180.6 |   |
|                                                   |          |   |         |   |   |   |   |   |
| Non-marketable securities:                             |          |   |         |   |   |   |   |   |
| Access Propeller Holdings, Inc. common stock, at cost  |          |   | 300.0        |   |   |   | 300.0 |   |
| Less: allowance for impairments                        |          |   | (300.0       | )      |   |   | (300.0 | ) |
| Net fair value of non-marketable securities            |          |   | -            |   |   |   | - |   |
| Fair value of marketable and non-marketable securities |          | $      | 180.6        |   |   | $ | 180.6 |   |
|                                                   |          |   |         |   |   |   |   |   |

| Level 2 – Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|        |   |   | Fair Value Measurements Using |   |
|-------------|--------|--------|-------------------------------|--------|
|        | Total  |   | Level 1                       |   | Level 2 |   | Level 3 |   |
|        |   |   |                          |   |   |   |   |   |   |   |   |   |
| Investments |   | $      | 180.6                         |   |   | $ | - |   |   | $ | 180.6 |   |   | $ | - |   |

|                                    |   | Nine months ended |   |
|-----------------------------------------|--------|-------------------|--------|
|                                    |   | March 31, 2011    |   |
|                                    |   |              |   |
| Balance as of June 30, 2010             |   | $                 | 180.6  |   |
| Net unrealized losses                   |   |              | -      |   |
| Net purchases, sales or redemptions     |   |              | -      |   |
| Net transfers in and/or out of Level 2  |   |              | -      |   |
| Balance as of  March 31, 2011 |   | $                 | 180.6  |   |

----

|                                                           |   | March 312011 |   |   | June 30,2010 |   |
|----------------------------------------------------------------|--------|--------------|--------|--------|-------------------|--------|
|                                                           |   | (Unaudited)  |   |   | (Audited)         |   |
| Promissory Note with Interest at 15% (1)                       |   | $            | 325.0  |   |              | $      | 325.0 |   |
| Promissory Notes with Interest at 10% (2)                      |   |         | 345.0  |   |              |   | 345.0 |   |
| Notes payable to certain former executives and related parties |   |         |   |   |              |   |   |   |
|    with interest at 10%, due on various dates   |   |         | 138.1  |   |              |   | 138.1 |   |
|                                                           |   |         | 808.1  |   |              |   | 808.1 |   |
| Less: Current portion                                          |   |         | 808.1  |   |              |   | 808.1 |   |
| Long-term portion                                              |   | $            | 808.1  |   |              | $      | 808.1 |   |

| (1)   | On May 30, 2007, the Company and Multi-Mag executed Amendment #5 to this Promissory Note to extend the maturity date of the Note to December 31, 2007.  The Company and Multi-Mag are currently in negotiations to further extend the due date of the note. The Company’s management is confident that future extensions can be obtained. Although extensions were obtained in the past, there can be no assurance that the Company will be able to obtain these extensions, if needed.  Interest expense in the amounts of $36.6 was charged to operations in the nine months ended March 31, 2011.  The note is secured by 200,000 shares of Broadcaster, Inc. common stock. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2)   | Of the $345.0 Secured Promissory Notes, all but three of these noteholders whose notes total $195.0 have extended their notes to December 31, 2008. The Company's management is confident that future extensions can be obtained if necessary, but there can be no assurance that the Company will be able to obtain such extensions. The remaining three noteholders have not agreed to extend. Currently all of these notes are now in default.  Interest expense in the amount of $94.1 was charged to operations in the nine months ended March 31, 2011. These notes are secured by 373,845 shares of Broadcaster, Inc. common stock. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| · Unforeseen obligations or liabilities;                                                                                                                       |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| · Difficulty assimilating the acquired operations and personnel;                                                                                               |
| · Risks of entering markets in which we have little or no direct prior experience;                                                                             |
| · Potential impairment of relationships with employees or customers as a result of changes in management;                                                      |
| · Potential dilutive issuances of equity, large and immediate write-offs, the incurrence of debt, and amortization of goodwill or other intangible assets; and |
| · Unforeseen obligations or liabilities.                                                                                                                       |

----

----

| (a)   | Exhibits: None. |
|-----------------|-----------------|

| (b)   | Reports on Form 8-K |
|-----------------|---------------------|

----

|                   | DIGITAL CREATIVE DEVELOPMENT CORPORATION |
|------------------------|------------------------------------------|
|                   |                                     |   |
| Dated: August 17, 2011 | By:                            | /s/ Gary Herman |
|                   |                                     | Name: Gary Herman |
|                   |                                     | Title: Chief Executive Officer |
|                   |                                     |   |
|                   | By:                                 | /s/ Vincent De Lorenzo |
|                   |                                     | Name: Vincent De Lorenzo |
|                   |                                     | Title: Chief Financial Officer |

----