8-K

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 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 25, 2004


                              NUTECH DIGITAL, INC.
               (Exact name of Registrant as specified in charter)


California                           000-50021                  95-4642831
(State or other jurisdiction    (Commission File Number)      (IRS Employer
of incorporation)                                         Identification Number)


                               7900 Gloria Avenue
                           Van Nuys, California 91406
                    (Address of principal executive offices)


Registrant's telephone number, including area code:  (818) 994-3831





This Form 8-K and other reports filed by the Registrant from time to time with
the Securities and Exchange Commission (collectively the "Filings") contain
forward looking statements and information that are based upon beliefs of, and
information currently available to, the Registrant's management as well as
estimates and assumptions made by the Registrant's management. When used in the
Filings the words "anticipate", "believe", "estimate", "expect", "future",
"intend", "plan" or the negative of these terms and similar expressions as they
relate to the Registrant or the Registrant's management identify forward looking
statements. Such statements reflect the current view of the Registrant with
respect to future events and are subject to risks, uncertainties, assumptions
and other factors relating to the Registrant's industry, operations and results
of operations and any businesses that may be acquired by the Registrant. Should
one or more of these risks or uncertainties materialize, or should the
underlying assumptions prove incorrect, actual results may differ significantly
from those anticipated, believed, estimated, expected, intended or planned.

ITEM 12.  RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

             On March 25, 2004, the Registrant announced financial results for
the year ended December 31, 2003. A copy of the press release is attached hereto
as an exhibit.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

           Exhibit 99      Press Release


                                   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.

NuTECH DIGITAL, INC.

By: /s/Lee Kasper
    ------------------------------------
      Lee Kasper, President
Dated:  March 25, 2004

EX-99.1

PRESS RELEASE                                       Source: NuTech Digital, Inc.


NUTECH REPORTS PROFITABLE FISCAL 2003 OPERATING RESULTS

STRINGENT COST CUTTING PROCEDURES AND DEBT REDUCTION
DRIVING STRONG EARNINGS GROWTH


Thursday March 25, 6:00 am ET

VAN NUYS, Calif.--(BUSINESS WIRE)--March 25, 2004-- NuTech Digital, Inc.
(OTCBB:NTDL - News), committed to setting the next generation standard for the
provision of secured high resolution entertainment content over the Internet, in
its 10-K filing today reported earnings for fiscal 2003 of over $300,000 / or +
..03 a share as compared to a net loss for the 2002 fiscal year of over $900,000/
or - (.09) a share. Revenues reported for the same period were $3,745,297, a 13%
decrease over the same period in 2002, which reflected revenues of $4,292,510.
Stringent cost-cutting procedures were implemented that significantly reduced
operating expenses. The company also reduced its debt, which resulted in a
significant reduction of interest expense.

   " We are extremely pleased with the operating results we achieved for fiscal
2003. NuTech Digital has proven its business strategy with our successes
measured throughout 2003," stated Lee Kasper, president and CEO of NuTech. "
2004 looks even more promising. Spurred by the Company's significant financial
progress, our focus has now turned toward major expansion into more lucrative
markets, relationships and technologies. In addition to launching our music
division, NuTech has asserted its technological leadership with its DRM platform
that will allow us to stay well ahead of our competition as home entertainment
distribution migrates from retail storefronts to secured, rights-managed
Internet delivery. With these changes, our ability to leverage relationships
with licensees and other vendors has dramatically surged.

Commenting further, Mr. Kasper stated" We have begun expanding our business and
our product offerings. We recently produced our first contemporary music
concert, which we plan to distribute. We believe that the production of music
concerts will be a significant source of revenue, since it can be less expensive
to produce a popular music concert than it is to license a film, but the DVDs
may be sold for approximately the same price. Producing our own products enables
us to market the Nutech brand globally, thus infusing our sales within the
foreign markets and Television rights that were previously unavailable. We also
announced our acquisition from Cascade Gmbh, a prominent German based DVD and CD
label, of the North American licensing rights for 65 high definition DVD titles
of classical concert music. Finally, we believe that we can increase revenue
from our Digital Rights Management technology. This technology allows customers
visiting our website to immediately view the production on a pre-delivered DVD
or download high resolution, DVD-quality films, either for rent or for purchase.
The customer can act spontaneously, obtaining immediate access to the film of
his choice and avoid handling and shipping costs. "





About NuTech Digital

NuTech Digital is a pioneer in the home entertainment product market, with more
than 500 exclusive DVD titles, with a growing library of high definition music
concerts offering original and licensed content via a worldwide network of
distributors, retailers and Internet entities. The Company also has broadcast,
DRM, video on demand for many of there new products. The Company enjoys
significant competitive advantage with the recent announcement of its
proprietary DRM technology, which enables the secure distribution of
high-resolution digital content via the Internet. NuTech's DRM platform allows
its feature films, concerts, children's animated films, karaoke software,
Japanese animation and late night programming to be accessed via secure
downloads, rented through pre-delivered DVDs, and included in online
subscription services. The Company also facilitates authoring services to
content providers in the entertainment industry.

Cautionary Statement

This press release contains forward-looking statements that involve risks,
uncertainties and assumptions that if they never materialize or prove incorrect,
could cause NuTech Digital, Inc.'s results to differ materially from those
expressed or implied by such forward-looking statements. All statements other
than statements of historical fact are statements that could be deemed
forward-looking statements, including any projections of earnings, revenue, or
other financial items, any statements of the plans, strategies, and objectives
of management for future operations, any statements concerning proposed new
products, services or developments, any statements regarding future economic
conditions or performance, statements of belief and any statements of
assumptions underlying any of the foregoing. These statements are based on
expectations as of the date of this press release. Actual results may differ
materially from those projected because of a number of risks and uncertainties,
including those detailed from time to time in NuTech Digital, Inc.'s reports
filed with the Securities and Exchange Commission.



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Contact:

     NuTech Digital, Inc.
     Joe Giarmo, 818-994-3831, ext. 18
     joe@nutechdvd.com



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Source: NuTech Digital, Inc.