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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
REVENUES        
Advertising $ 25,290   $ 119,463  
Programming 7,156 98,354 124,897  
Royalties     125,000  
Distribution 126,944   134,331  
Ticket sales     89,328  
Miscellaneous 7,500   33,037 (20,245)
Total revenues 166,890 98,354 626,056 (20,245)
Expenses        
Depreciation and amortization 31,292 48,604 93,876 145,880
Bad debt 435,531   435,531  
General and administrative 233,832 629,970 1,637,051 1,723,046
Total expenses 700,655 678,574 2,166,458 1,868,926
Loss before other income (expenses) (533,765) (580,220) (1,540,402) (1,888,171)
Other income (expenses)        
Interest expense (26) (282,882) (32,562) (512,649)
Gain (loss) on derivative liabilities   (118,980)   78,076
Film library inventory adjustment     16,621,655  
Other income   17,613 10,974 18,834
Other expenses (8,511)   (9,515)  
Total other income (expenses) (8,537) (384,249) 16,590,552 (415,739)
Net gain (loss) from operations (542,302) (964,469) 15,050,150 (2,304,910)
Loss from discontinued operations       (19,174)
Net income (loss) $ (542,302) $ (964,469) $ 15,050,150 $ (2,324,084)
Weighted average shares outstanding (in shares) 174,009,158 44,450,288 124,895,158 41,612,121
LOSS PER SHARE - basic and diluted (in dollars per share) $ 0.00 $ (0.02) $ 0.12 $ (0.06)