----

----

| 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, 2009 (Unaudited) and June 30, 2008 | F-1 |
|                           |   |   |
|                           | Condensed Consolidated (Unaudited) Statements of Operations and Comprehensive Loss for the nine months and three months ended March 31, 2009 and 2008 | F-2 |
|                           |   |   |
|                           | Condensed Consolidated (Unaudited) Statement of Stockholders’ Equity for the nine months ended March 31, 2009 | F-3 |
|                           |   |   |
|                           | Condensed Consolidated Statements of Cash Flow for the for the nine months ended March 31, 2009 and 2008 (Unaudited) | F-4 |
|                           |   |   |
|                           | Notes to Condensed Consolidated Financial Statements | F-5 -10 |
|                           |   |   |
| Item 2.                        | MANAGEMENT'S DISCUSSION AND ANALYSIS AND PLAN OF OPERATION | 3 |
|                           |   |   |
| Item 3.                        | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK | 5 |
|                           |   |   |
| Item 4.                        | CONTROLS AND PROCEDURES | 5 |
|  Part II                  |  OTHER INFORMATION |   |
|                           | Item 1. Legal Proceedings | 5 |
|                           | Item 1 A. Risk Factors | 6 |
|                           | Item 2. Unregistered Sales of Equity Securities | 6 |
|                           | Item 3. Defaults Upon Senior Securities | 6 |
|                           | Item 4. Submission of Matters To a Vote | 6 |
|                           | Item 5. Other Information | 6 |
| Item 6.                        | EXHIBITS AND REPORTS ON FORM 8-K | 6 |
|                           |   |   |
|                           | Signatures | 7 |
|                           |   |   |
|                           | Certifications |   |

----

| DIGITAL CREATIVE DEVELOPMENT CORPORATION AND SUBSIDIARY                                                                    |   |
|----------------------------------------------------------------------------------------------------------------------------|--------|
| CONDENSED CONSOLIDATED BALANCE SHEETS                                                                                      |   |
|                                                                                                                       |   |
| ASSETS                                                                                                                     |   |
|                                                                                                                       |   |   | March 31, 2009 |   |   | June 30, 2008 |   |
|                                                                                                                       |   |   | (Unaudited) |   |   | (Audited) |   |
|                                                                                                                       |   |   | (in thousands) |   |
| CURRENT ASSETS                                                                                                             |   |   |   |   |   |   |   |
| Marketable securities available for sale and non-marketable securities net of $300,000 at March 31, 2009 and June 30, 2008 |   |   | $ | 150.8 |   |   | $ | 1,171.5 |   |
| TOTAL CURRENT ASSETS                                                                                                       |   |   |   | 150.8 |   |   |   | 1,171.5 |   |
|                                                                                                                       | .      |   |   |   |   |   |   |   |   |   |
|                                                                                                                       |   |   |   |   |   |   |   |   |   |   |
| TOTAL ASSETS                                                                                                               |   |   | $ | 150.8 |   |   | $ | 1,171.5 |   |
|                                                                                                                       |   |   |   |   |   |   |   |   |   |   |
| LIABILITIES AND STOCKHOLDERS' (DEFICIENCY)                                                                                 |   |
|                                                                                                                       |   |   |   |   |   |   |   |   |   |   |
| CURRENT LIABILITIES                                                                                                        |   |   |   |   |   |   |   |   |   |
|     Accrued expenses and other liabilities                                                             |   |   | $ | 516.9 |   |   | $ | 370.7 |   |
|     Accrued interest                                                                                   |   |   |   | 434.8 |   |   |   | 300.1 |   |
|     Notes payable--related parties                                                                     |   |   |   | 808.1 |   |   |   | 795.6 |   |
|        TOTAL CURRENT LIABILITIES                                                        |   |   |   | 1,759.8 |   |   |   | 1,466.4 |   |
|                                                                                                                       |   |   |   |   |   |   |   |   |   |   |
| COMMITMENTS AND CONTINGENCIES                                                                                              |   |   |   |   |   |   |   |   |   |
|                                                                                                                       |   |   |   |   |   |   |   |   |   |   |
| STOCKHOLDERS' EQUITY (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                                                |   |   |   | 852.7 |   |   |   | 852.7 |   |
|        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, 2009 and June 30, 2008                                 |   |   |   | 538.6 |   |   |   | 538.6 |   |
|     Additional paid in capital                                                                         |   |   |   | 38,380.1 |   |   |   | 38,380.1 |   |
|     Accumulated other comprehensive loss                                                               |   |   |   | (2,580.9 | ) |   |   | (1,669.0 | ) |
|     Accumulated deficit                                                                                |   |   |   | (39,201.7 | ) |   |   | (38,799.5 | ) |
|        TOTAL STOCKHOLDERS' (DEFICIENCY)                                                 |   |   |   | (1,609.0 | ) |   |   | (294.9 | ) |
|                                                                                                                       |   |   |   |   |   |   |   |   |   |   |
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIENCY                                                                        |   |   | $ | 150.8 |   |   | $ | 1,171.5 |   |
|                                                                                                                       |   |   |   |   |   |   |   |   |   |   |

----

| 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, |   |
|                                                                                         |   | 2009 |   |   | 2008 |   |   | 2009 |   |   | 2008 |   |
|                                                                                         |   | (in thousands) |   |   | (in thousands) |   |
|                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |
| REVENUE                                                                                      |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| OPERATING EXPENSES                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| General and administrative expenses                                                          |   |   | 180.9 |   |   |   | 289.9 |   |   |   | 97.2 |   |   |   | 45.4 |   |
|                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| LOSS FROM OPERATIONS                                                                         |   |   | (180.9 | ) |   |   | (289.9 | ) |   |   | (97.2 | ) |   |   | (45.4 | ) |
|                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| OTHER INCOME (EXPENSE)                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest expense, net and other                                                              |   |   | (134.4 | ) |   |   | (72.0 | ) |   |   | (86.4 | ) |   |   | (24.0 | ) |
| Realized gains (losses)                                                                      |   |   | (86.9 | ) |   |   | 143.8 |   |   |   | (2.3 | ) |   |   | (3.7 | ) |
|                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| TOTAL OTHER INCOME (EXPENSE)                                                                 |   |   | (221.3 | ) |   |   | 71.8 |   |   |   | (88.7 | ) |   |   | (27.7 | ) |
|                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NET LOSS                                                                                     |   |   | (402.2 | ) |   |   | (218.1 | ) |   |   | (185.9 | ) |   |   | (73.1 | ) |
|                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| UNDECLARED PREFERRED STOCK DIVIDENDS                                                         |   |   | (109.1 | ) |   |   | (109.1 | ) |   |   | (36.4 | ) |   |   | (36.4 | ) |
|                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net Loss applicable to common shareholders                                                   |   | $ | (511.3 | ) |   | $ | (327.2 | ) |   | $ | (222.3 | ) |   | $ | (109.5 | ) |
|                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 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 |   |
|                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| BASIC AND DILUTED LOSS PER SHARE                                                             |   | $ | (0.009 | ) |   | $ | (0.006 | ) |   | $ | (0.004 | ) |   | $ | (0.002 | ) |
|                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NET  LOSS                                                                          |   | $ | (402.2 | ) |   | $ | (218.1 | ) |   | $ | (185.9 | ) |   | $ | (73.1 | ) |
| Other comprehensive operations                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Unrealized gain (loss) on marketable securities available for sale                           |   |   | (862.2 | ) |   |   | (7,691.0 | ) |   |   | (131.3 | ) |   |   | 95.4 |   |
| Comprehensive net income loss                                                                |   | $ | (1,264.4 | ) |   | $ | (7,909.1 | ) |   | $ | (317.2 | ) |   | $ | 22.3 |   |
|                                                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

| DIGITAL CREATIVE DEVELOPMENT CORPORATION AND SUBSIDIARY  |   |
|----------------------------------------------------------|--------|
| CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY |   |
| FOR THE NINE MONTHS ENDED MARCH 31, 2009                 |   |
| (in thousands)                                           |   |
| (unaudited)                                              |   |
|                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 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, 2008 (audited)                 |   | $ | 2.2 |   |   | $ | 852.7 |   |   | $ | 400.0 |   |   | $ | 538.6 |   |   | $ | 38,380.1 |   |   | $ | (1,669.0 | ) |   | $ | (38,799.5 | ) |   | $ | (294.9 | ) |
|                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Unrealized loss on investments         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (911.9 | ) |   |   |   |   |   |   | (911.9 | ) |
|                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net loss                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (402.2 | ) |   |   | (402.2 | ) |
|                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  Balance at March 31, 2009 (unaudited)              |   | $ | 2.2 |   |   | $ | 852.7 |   |   | $ | 400.0 |   |   | $ | 538.6 |   |   | $ | 38,380.1 |   |   | $ | (2,580.9 | ) |   | $ | (39,201.7 | ) |   | $ | (1,609.0 | ) |
|                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

| DIGITAL CREATIVE DEVELOPMENT CORPORATION AND SUBSIDIARY                     |   |
|-----------------------------------------------------------------------------|--------|
| CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS                             |   |
| FOR THE NINE MONTHS ENDED MARCH 31,                                         |   |
| (unaudited)                                                                 |   |
|                                                                        |   |   |   |   |   |   |
|                                                                        |   | 2009 |   |   | 2008 |   |
|                                                                        |   | (in thousands) |   |
|                                                                        |   |   |   |   |   |   |
| CASH FLOWS FROM OPERATING ACTIVITES:                                        |   |   |   |   |   |   |
| Net loss                                                                    |   | $ | (402.2 | ) |   | $ | (218.1 | ) |
| Adjustments to reconcile net loss to net cash used in operating activities: |   |   |   |   |   |   |   |   |
| Net realized losses (gains) on marketable securities                   |   |   | 86.9 |   |   |   | (142.4 | ) |
|                                                                        |   |   |   |   |   |   |   |   |
| Changes in assets and liabilities:                                          |   |   |   |   |   |   |   |   |
| Increase in accounts payable, accrued expenses and other liabilities        |   |   | 280.9 |   |   |   | 81.3 |   |
|                                                                        |   |   |   |   |   |   |   |   |
| NET CASH USED IN OPERATING ACTIVITIES                                       |   |   | (34.4 | ) |   |   | (279.2 | ) |
|                                                                        |   |   |   |   |   |   |   |   |
| CASH FLOWS FROM INVESTING ACTIVITES:                                        |   |   |   |   |   |   |   |   |
| Proceeds from sale of investments, net of purchases                         |   |   | 21.9 |   |   |   | 275.4 |   |
|                                                                        |   |   |   |   |   |   |   |   |
| NET CASH PROVIDED BY INVESTING ACTIVITIES                                   |   |   | 21.9 |   |   |   | 275.4 |   |
|                                                                        |   |   |   |   |   |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITES:                                        |   |   |   |   |   |   |   |   |
| Payments of note payable --related parties                                  |   |   | - |   |   |   | (1.0 | ) |
| Borrowings from related parties                                             |   |   | 12.5 |   |   |   |   |   |
| NET CASH PROVIDED BY FINANCING ACTIVITIES                                   |   |   | 12.5 |   |   |   | (1.0 | ) |
|                                                                        |   |   |   |   |   |   |   |   |
| NET CHANGE IN CASH AND CASH EQUIVALENTS                                     |   | $ | - |   |   | $ | (4.8 | ) |
|                                                                        |   |   |   |   |   |   |   |   |
| CASH AND EQUIVALENTS, beginning of period                                   |   |   | - |   |   |   | 5.0 |   |
|                                                                        |   |   |   |   |   |   |   |   |
| CASH AND EQUIVALENTS, end of period                                         |   | $ | - |   |   | $ | 0.2 |   |
|                                                                        |   |   |   |   |   |   |   |   |
| CASH PAYMENTS FOR:                                                          |   |   |   |   |   |   |   |   |
| Interest expense                                                            |   | $ | - |   |   | $ | 48.8 |   |
| Income taxes                                                                |   | $ | - |   |   | $ | - |   |
|                                                                        |   |   |   |   |   |   |   |   |

----

----

|                                                                                     |   | (in thousands) |     |
|------------------------------------------------------------------------------------------|--------|---------------------|----------|
|                                                                                     |   | March 31, 2009      |     |   | June 30, 2008 |   |
|                                                                                     |   | (Unaudited)         |     |   | (Audited) |   |
| Marketable Securities - current:                                                         |   |                |     |   |   |   |
| Broadcaster, Inc., - at cost                                                             |   | $                   | 2,740.7  |   |   | $ | 2,868.5 |   |
|         Access Propeller Holdings, Inc., at cost |   |                | 300.0    |   |   |   | 300.0 |   |
| Unrealized loss on marketable securities                                                 |   |                | (2.589.9 | ) |   |   | (1,697.0 | ) |
| Less: allowance for impairments                                                          |   |                | (300.0   | ) |   |   | (300.0 | ) |
| Total - at fair market value                                                             |   | $                   | 150.8    |   |   | $ | 1,171.5 |   |
|                                                                                     |   |                |     |   |   |   |   |   |

----

| 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. |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Level 3 – Valuations based on inputs that are unobservable and significant to the overall fair value measurement. |
|-------------------------------------------------------------------------------------------------------------------------|

----

|        |   |    |   |                          |   |    |   |    |
|-------------|--------|---------|--------|-------------------------------|--------|---------|--------|---------|
|        |   |    |   |                          |   |    |   |    |
|        |   |    |   | Fair Value Measurements Using |
|        |   | Total   |   | Level 1                       |   | Level 2 |   | Level 3 |
| Investments | $      | 2,740.7 | $      | -                             | $      | 2,740.7 | $      | -       |

|                                    |   | Nine months endedMarch 31, 2009 (in thousands) |     |
|-----------------------------------------|--------|----------------------------------------------------------|----------|
| Balance as of June 30, 2008             |   | $                                                        | 3,168.5  |   |
| Net unrealized losses                   |   |                                                     | (2,889.9 | ) |
| Net purchases, sales or redemptions     |   |                                                     | (127.8   | ) |
| Net transfers in and/or out of Level 2  |   |                                                     | -        |   |
| Balance as of  March 31, 2009 |   | $                                                        | 150.8    |   |

----

|                                                                |   | (in thousands) |   |
|--------------------------------------------------------------------------|--------|---------------------|--------|
|                                                                     |   | March 31,2009       |   |   | June 30,2008 |   |
|                                                                     |   | (Unaudited)         |   |   | (Audited) |   |
| Secured Promissory Note with Interest at 15%, due December 31, 2007 |   | $                   | 325.0  |   |   | $ | 325.0 |   |
| Secured Promissory Notes with Interest at 10%, due December 31, 2008     |   |                | 345.0  |   |   |   | 345.0 |   |
| Notes payable to certain former executives and related parties           |   |                |   |   |   |   |   |   |
|    with interest at 10%, due on various dates             |   |                | 138.1  |   |   |   | 126.6 |   |
|                                                                     |   |                | 808.1  |   |   |   | 796.6 |   |
|                                                                     |   |                |   |   |   |   |   |   |
| Less: Current portion                                                    |   |                | 808.1  |   |   |   | 796.6 |   |
| Long-term portion                                                        |   | $                   | -      |   |   | $ | - |   |

----

----

|   | · | 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; and |
|--------|--------|-------------------------------------------------------------------------------------------------------------|

|   | · | potential dilutive issuances of equity, large and immediate write-offs, the incurrence of debt, and amortization of goodwill or other intangible assets; |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | unforeseen obligations or liabilities; |
|--------|--------|----------------------------------------|

----

----

----

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

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

----

|                             | DIGITAL CREATIVE DIGITAL CORPORATION |
|----------------------------------|--------------------------------------|
|                             |                                 |   |
| Dated: April  20, 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 |