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) September 3, 2004                     

TriMedia Entertainment Group, Inc.

(Exact Name of Registrant as Specified in Charter)

Delaware	000-49865	57-1107699
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

101 Charles Drive,	Bryn Mawr, Pennsylvania	19010
	(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code (610) 520-3050           

(Former Name or Former Address, if Changed Since Last Report)

     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):

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

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

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

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

     Item 1.01. Entry into a Material Definitive Agreement.

     On August 24, 2004, we entered into an agreement with Gerry Anderson Productions PLC (“GAP”) pursuant to which we will represent GAP as its agent in the development and multimedia exploitation of GAP’s New Captain Scarlet Series properties in the United States, Canada and such other territories as are mutually agreed upon. In connection with this agreement, we have introduced GAP to Sony Wonder, a group of Sony Music Entertainment, Inc. and they have negotiated a term sheet agreement regarding the broadcast and master licensing of the New Captain Scarlet Series pursuant to which GAP will provide Sony Wonder with at least 13 episodes of the series for the purpose of securing a broadcast arrangement with a major television network and/or cable television network. In addition, Charles Street, our co-venture with Sony Music, will negotiate with artists, develop and produce a soundtrack CD/DVD for the New Captain Scarlet Series.

     As consideration for services provided under this agreement, we will receive a fee equal to five percent of the gross cash receipts realized by GAP from Sony’s exploitation of the New Captain Scarlet Series (excluding revenues generated by sub-agents or distributors appointed by Sony, if any). In addition, GAP is obligated to purchase an aggregate of 1,538,462 shares of our common stock in a private placement offering at an aggregate purchase price of $1,000,000. Pursuant to the agreement, we also have a five- year option to purchase up to $1,000,000 of GAP’s capital stock at a 15% discount to the value of the shares on the date that the option is exercised.

     GAP is a producer of television programs and films for distribution in the worldwide market. The New Captain Scarlet Series is based on the original Captain Scarlet series, which was produced by Gerry Anderson in 1967. Many broadcasters located in numerous countries have purchased the broadcast rights to the original television series. The New Captain Scarlet Series is being produced using CGI animation technology.

     Item 3.02. Unregistered Sales of Equity Securities.

     Pursuant to our agreement with GAP, GAP is obligated to purchase an aggregate of 1,538,462 shares of our common stock in a private placement offering at an aggregate purchase price of $1,000,000. On September 3, 2004, GAP purchased 769,231 shares of our common stock at a purchase price of $500,000. We sold these shares of common stock pursuant to Rule 506 promulgated under the Securities Act of 1933, as amended.

     Item 9.01. Financial Statements and Exhibits.

               (c) Exhibits.

     The following exhibits are filed herewith:

10.1 Agreement dated as of August 12, 2004 by and between Gerry Anderson Productions PLC and TriMedia Entertainment Group, Inc.

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 thereunto duly authorized.

	TRIMEDIA ENTERTAINMENT GROUP, INC.
	Registrant
Date: September 10, 2004	By	/s/ Christopher Schwartz
		Christopher Schwartz
		Chief Executive Officer

EXHIBIT INDEX

10.1 Agreement dated as of August 12, 2004 by and between Gerry Anderson Productions PLC and TriMedia Entertainment Group, Inc.

EX-10

                                    AGREEMENT
                                    ---------


THIS AGREEMENT dated August 12, 2004 between Gerry Anderson Productions PLC
("GAP"), 6 Sovereign Court, Graham Street, Birmingham B1 3JR, England and
TriMedia Entertainment Group, Inc. ("TriMedia"), 101 Charles Drive, Bryn Mawr,
PA 19010.

WHEREAS, GAP produces UK television programmes and films for distribution in the
worldwide market and GAP has the rights to produce and develop a New Captain
Scarlet Series based on the original series of Captain Scarlet. GAP is entitled
to all merchandising and business opportunities relating to branding of the New
Captain Scarlet Series that will include but not be limited to: creation of
soundtrack album for New Captain Scarlet television series, sales of DVDs,
videos, toys, feature films and computer games. Additionally, GAP is entitled to
make further series and/or film(s) related to Captain Scarlet, and

WHEREAS, TriMedia is a multimedia entertainment company that develops, produces
and distributes a broad range of music, motion picture and other filmed
entertainment content and TriMedia's film subsidiary has a unique co-venture
arrangement with Sony for the manufacture, distribution, promotion and marketing
of entertainment content throughout the world, and

WHEREAS, TriMedia has the management, knowledge and experience in the production
of music, television and film projects and has existing agreements with Sony for
the manufacturing, distribution and worldwide marketing of DVD films and CDs,
and

WHEREAS, the parties agree, that TriMedia will represent the New Captain Scarlet
Series properties in all of North America (USA and Canada) and such other
territories as are mutually agreed upon, and

WHEREAS, GAP and TriMedia both recognize the importance of the New Captain
Scarlet Series to develop a solution for a branding strategy and the development
and exploitation of the Captain Scarlet branded properties across all media
platforms, and

WHEREAS, TriMedia has introduced GAP to Sony Wonder, a group of Sony Music
Entertainment Inc. for the purpose of a business transaction involving the
broadcast and master licensing of Gerry Anderson's New Captain Scarlet (the
"Series") in consideration for a fee equal to five percent (5%) of the Gross
Receipts realized by GAP from the activities of Sony (excluding revenues
generated by sub agents or sub distributors appointed by Sony).

WHEREAS, GAP has negotiated a Term Sheet agreement with Sony Wonder relating to
the exploitation of the Series. Both, GAP and TriMedia recognize the importance
of the New Captain Scarlet Series to be broadcast via cable and television
networks in North America and such other territories as are mutually agreed upon
in order to create the market for Captain Scarlet merchandise, DVD/Home Video
sales, video games, live action films and other media related opportunities, and
to this end, GAP will provide Sony Wonder thirteen or twenty-six episodes of the
New Captain Scarlet Series for the purposes of securing a broadcast arrangement
with a major television network and/or cable network entity,





WHEREAS, GAP agrees to acquire or shall arrange with Margetts for the purchase
of shares of TriMedia common stock at a price per share of $0.65 for a total
purchase price of not less than USD$1,000,000.00 upon entering the Term Sheet
agreement with Sony Wonder relating to the New Captain Scarlet Series and GAP
agrees to provide TriMedia with the option to purchase $1,000,000 of stock (for
a period of 5 years from the date of this agreement) for the equivalent sterling
value at the time at which the shares are purchased for 15% below the value
placed on the shares by the GAP directors placed on the shares unless the shares
are traded on a recognized exchange; and

WHEREAS, TriMedia agrees to act as GAP's agent in North America to oversee and
monitor the operations of Sony Wonder with respect to the Series and report to
GAP. In addition, TriMedia will also work with Sony where appropriate (subject
to Sony's approval) on the exploitation of the series in North America.

NOW, THEREFORE, in consideration of the above promises it is agreed as follows:

1. DESCRIPTION OF TRANSACTION.

GAP produces UK television programmes and films for distribution in the
worldwide market and GAP has the rights to produce and develop the Series based
on the original series of Captain Scarlet. TriMedia is a multimedia
entertainment company that develops, produces and distributes a broad range of
music, motion picture and other filmed entertainment content. TriMedia has acted
as agent to GAP in the introduction of GAP and the Series to Sony for the
multimedia exploitation of the Series. The co-venture for the exploitation,
development and representation of the New Captain Scarlet Series in North
America and such other territories as are mutually agreed upon and/or co-venture
relationship is hereinafter referred to as the Transaction.


2. TERMS AND CONDITIONS. The parties hereto agree to abide by the following
terms and conditions.

   A.  PLACEMENT OF SHARES.
       --------------------

   (i)      On execution of the Term Sheet agreement between GAP and Sony (and
            the receipt of $500,000 by GAP from Sony) then GAP (or investors
            introduced by Margetts) will purchase shares to the value of
            $1,000,000 in TriMedia at a price of $0.65 per share. The shares
            acquired by GAP (or investors introduced by Margetts) shall be
            granted piggyback registration rights by TriMedia when TriMedia
            files a registration statement that includes shares for resale
            (other than on Form S-4 or S-8) subject to completion by GAP (or
            investors introduced by Margetts) of any further documentation
            required by TriMedia's securities counsel for matters related to
            such registration statement. GAP/Margetts will complete this





            transaction on a timely basis and TriMedia accepts that it may take
            a number of weeks in order for the transaction to be completed.
            However, in no event shall funding of the first $500,000 take longer
            than 5 business days from GAP's receipt of funds from Sony.
            GAP/Margetts acknowledge receipt of and agree to complete the
            documentation provided by TriMedia (e.g. Subscription Agreement and
            Purchaser Questionnaire) related to this investment.

   B.  TRIMEDIA AND GAP
       ----------------

   (i)      TriMedia will be appointed by GAP as its agent in North America to
            oversee and monitor the operations of Sony and report to GAP.
   (ii)     TriMedia will also work with Sony where appropriate (subject to
            Sony's approval) on the exploitation of the series in North America.

   C.  SOUND TRACK AND PUBLISHING RIGHTS
       ---------------------------------

   (i)      TriMedia will negotiate with Sony to produce and exploit as a
            licensee a "New Captain Scarlet" sound track album using `marquee'
            artists through Charles Street, the Sony Music/TriMedia co-venture.
            TriMedia will negotiate with Sony to produce and distribute globally
            (excluding UK and Ireland) a "New Captain Scarlet" sound track
            album/DVD with Sony.
   (ii)     The terms of these arrangements shall be on a normal, commercial
            basis.

   D.  TRIMEDIA FEE
       ------------

   (i)      For purposes of this agreement, TriMedia is entitled to and will
            receive a fee equal to five percent (5%) of the Gross Receipts,
            realized by GAP from Sony's exploitation in North America of the
            rights granted Sony in the Term Sheet agreement (excluding revenues
            generated by sub agents or distributors appointed by Sony, if any)
            and any further agreements between GAP and Sony related thereto;
            plus five percent (5%) of the Gross Receipts realized by GAP from
            Sony's direct exploitation outside of North America of the rights
            granted Sony in the Term Sheet agreement (excluding revenues
            generated by sub agents or sub distributors appointed by Sony) and
            any further agreements between GAP and Sony related thereto.
   (ii)     In furtherance hereof, TriMedia shall be entitled to receive or
            request from GAP and/or Sony accounting statements prepared by Sony
            for GAP pursuant to the business transactions between the parties.

   E.  TERM
       ----

   The term of this Agreement and the obligations related hereto shall remain in
   full force and effect for the equivalent term and period of time as the term
   is defined in the agreements between GAP and Sony and any amendments,
   extensions or further agreements related thereto.







3. MISCELLANEOUS
   -------------

   (i)      The parties agree that there will be no press release or other
            public disclosure of the proposed transaction contemplated hereby
            unless and until both parties shall agree to any such disclosure to
            third parties unless required by law.
   (ii)     This Agreement may be executed by the parties in counterparts, all
            of which shall constitute one and the same original. The terms of
            this Agreement may be amended, modified or waived only in writing
            executed by the parties hereto.
   (iii)    This Agreement replaces entirely the previous memorandum of
            understanding between Gerry Anderson Productions plc and Trimedia
            Entertainment Group Inc.



The parties agree to the terms and conditions outlined as evidenced by their
signatures hereto.


GERRY ANDERSON PRODUCTIONS PLC              TRIMEDIA ENTERTAINMENT GROUP INC



By: /s/ Jim Reeve                           By: /s/ Christopher Schwartz
    ------------------------                    ------------------------
     JIM REEVE, MANAGING DIRECTOR                CHRIS SCHWARTZ, CHAIRMAN & CEO

Date: 24th August 2004                               Date: August 13, 2004