8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 9, 2009

MAJESCO ENTERTAINMENT COMPANY

(Exact name of registrant as specified in its charter)

Delaware	001-32404	06-1529524
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

160 Raritan Center Parkway,
Edison, New Jersey
(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code: (732) 225-8910

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

(d) Effective as of March 9, 2009, the Board of Directors (the “Board”) of Majesco Entertainment Company (the “Company”) appointed Keith McCurdy to serve as a Class II Director until the 2010 Annual Meeting of the Company’s stockholders.

Mr. McCurdy will serve on the Compensation committee.

There are no arrangements or understandings between Mr. McCurdy and any other person pursuant to which Mr. McCurdy was selected as a director. There are no transactions to which the Company is a party and in which Mr. McCurdy has a material interest that is required to be disclosed under Item 404(a) of Regulation S-K.

Mr. McCurdy has not previously held any positions with the Company and has no family relations with any directors or executive officers of the Company.

On March 10, 2009, the Company issued a press release announcing Mr. McCurdy’s appointment to the Board. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1.

ITEM 8.01 OTHER EVENTS

As previously disclosed, in January 2009 the Company entered into an amendment to a securities class action settlement agreement relating to litigation pending in the United States District Court, District of New Jersey (the “Court”). Under the terms of the amended settlement agreement, the Company will make a cash payment totaling $700,000 in three installments, two of which were made in January and February 2009, and the last of which is due to be paid in May 2009. The Company will also contribute one million shares of its common stock and the Company’s insurance carrier will also make a cash payment.

On February 23, 2009, the settlement was approved by the Court, and the class action was dismissed. The dismissal is subject to appeal through March 25, 2009. If there is no appeal, the settlement will become effective, and the Company will contribute the shares to the settlement fund by March 27, 2009. The settlement administrator will thereafter distribute the shares to eligible settlement claimants.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(d) The following exhibits are furnished with this report:

Exhibit Number	Description
Exhibit 99.1	Press Release, dated March 10, 2009.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	MAJESCO ENTERTAINMENT COMPANY
Dated: March 10, 2009
	/s/ Jesse Sutton
	Chief Executive Officer

EX-99.1

Exhibit 99.1

MAJESCO ENTERTAINMENT APPOINTS KEITH MCCURDY TO ITS BOARD OF DIRECTORS

Edison, NJ — March 10, 2009 — Majesco Entertainment Company (NASDAQ: COOL) ), an innovative provider of video games for the mass market, announced today the appointment of Keith McCurdy to its Board of Directors, effective immediately. Mr. McCurdy, an independent director, will serve on the Company’s Compensation committee. With this appointment, Majesco has seven directors on its Board.

“Keith will be a valuable addition to our Board. His experience in the digital media industry and operational and new business development expertise will be a significant resource to Majesco as we continue to execute on our strategic plan,” said Allan Grafman, Chairman of the Board of Majesco Entertainment. “We look forward to his contributions and welcome him to the Board.”

Jesse Sutton, Chief Executive Officer of Majesco Entertainment, said, “Keith is an industry veteran with more than 20 years of hands-on operating experience. He will be a significant resource to senior management as we continue to execute on our growth strategy which is focused on extending our presence in family-friendly/mass-market games.”

“Majesco is a dynamic company operating in an exciting industry and focused on the fastest growing segment of the market, casual games,” said McCurdy. “In the past several years, the Company has executed on its business plan and significantly improved its financial performance. I believe my experience will be beneficial to the Company as it continues to build on its success.”

Mr. McCurdy possesses over 20 years of digital media industry experience. He is currently CEO and co-founder of Vivaty, a web platform and online service for highly immersive, personalized, and easy to use 3D virtual worlds easily accessed in the web browser and integrated with existing web communities and content. Previously he was CEO of Blaze Entertainment, where he built the company into a global mobile publisher, distributing mobile games on 100 carriers worldwide. During a 10-year career at Electronic Arts (EA), a leading interactive entertainment software company, Mr. McCurdy held several senior positions including Vice President of Product Development, Vice President of Technology, and Vice President of Online. Mr. McCurdy founded EA’s Online Division, leading the company’s strategy and technology effort onto the Internet. As Vice President of Technology for World Wide Studios, Mr. McCurdy was a member of the Office of the President where he played a key role in the company’s M&A efforts, strategic relationships, and platform transition strategies.

Mr. McCurdy is an advisory board member of MyGroceryDeals.com and Aura Renewable Energy. He was recently a board member of GameDaily before it was acquired.

About Majesco Entertainment Company

Majesco Entertainment Company is a provider of video games for the mass market. Building on 20 years of operating history, Majesco is focused on developing and publishing a wide range of casual and family oriented video games on leading console and portable systems. Product highlights include Cooking Mama™ and Cake Mania^®2 for Nintendo DS™, and Cooking Mama World Kitchen and Jillian Michaels’ Fitness Ultimatum 2009 for Wii™. Majesco’s shares are traded on the Nasdaq Stock Market under the symbol: COOL. Majesco is headquartered in Edison, NJ and has an international office in Bristol, UK. More information about Majesco can be found online at www.majescoentertainment.com.

For more information, please contact:

Mike Smargiassi/Denise Roche
Brainerd Communicators, Inc.
212-986-6667

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