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):  May 9, 2005
                                                      -------------

                             AGU Entertainment Corp.
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             (Exact Name of Registrant as Specified in Its Charter)

                                    Delaware
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                 (State or Other Jurisdiction of Incorporation)

        005-79752                                       84-1557072
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(Commission File Number)                     (IRS Employer Identification No.)


3200 West Oakland Park Blvd., Lauderdale Lakes, Florida                  33311
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       (Address of Principal Executive Offices)                       (Zip Code)

                                 (954) 714-8100
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              (Registrant's Telephone Number, Including Area Code)

                                       N/A
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          (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))


Forward-Looking Statements

         This document may include a number of "forward-looking statements" as
that term is defined in Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended. These
statements reflect management's current views with respect to future events and
financial performance and include statements regarding management's intent,
belief or current expectations, which are based upon assumptions about future
conditions that may prove to be inaccurate. Prospective investors are cautioned
that any such forward-looking statements are not guarantees of future
performance, involve risk and uncertainties, and that as a result, actual
results may differ materially from those contemplated by such forward-looking
statements. Such risks include, among other things, the volatile and competitive
markets in which we operate, our limited operating history, our limited
financial resources, our ability to manage our growth and the lack of an
established trading market for our securities. When considering forward-looking
statements, readers are urged to carefully review and consider the various
disclosures, including risk factors and their cautionary statements, made by us
in this document and in our reports filed with the Securities and Exchange
Commission.

Item 8.01         Other Events.

           On May 9, 2005, AGU Entertainment Corp. (the "Company") issued a
press release announcing that the National Association of Securities Dealers,
Inc. had approved the quotation of the Company's common stock on the
Over-The-Counter Bulletin Board. A copy of the press release is attached hereto
as Exhibit 99.1 and incorporated herein by reference.

Item 9.01         Financial Statements and Exhibits.

              (c) Exhibits.

                  99.1     Press release dated May 9, 2005.



                                   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.

Dated:   May 9, 2005                         AGU ENTERTAINMENT CORP.


                                             By:/s/ John W. Poling
                                                -----------------------------
                                             Name: John W. Poling
                                             Title:Chief Financial Officer

EX-99.1

Contacts:
Evan Smith, CFA / Erica Pettit
Financial Dynamics
212-850-5606 / 212-850-5614
esmith@fd-us.com / epettit@fd-us.com

       AgU Entertainment Corp. To Begin Being Quoted on OTC Bulletin Board
                              Under the symbol AGUE


LAUDERDALE LAKES, Fla. - May 9, 2005 - AgU Entertainment Corp. (OTCBB:AGUE)
("AgU"), an emerging entertainment company and parent company of The Tube Music
Network, Inc. ("The Tube"), announced today that it has received approval from
the National Association of Securities Dealers, Inc. to begin quotation of its
common stock on the Over-the-Counter Bulletin Board under the symbol AGUE. No
date has been determined as to when the company's common stock will begin being
quoted. The Company is actively seeking market makers in order to begin
quotation of its common stock.

"Our quotation on the Over The Counter Bulletin Board is a key milestone in the
company's long-term growth strategy. We believe this will provide increased
access to capital for AgU and greater liquidity for our stockholders as we work
to build a leading entertainment company," said John W. Poling, Chief Financial
Officer of AgU.

The company realized another significant achievement recently involving its
wholly-owned subsidiary, The Tube Music Network, Inc. The 24 hour music video
network entered into a distribution agreement with leading broadcast group
Raycom Media, Inc. that will enable it to achieve penetration in 29 markets,
representing 10 percent of U.S. television households.

About AgU Entertainment Corp.
AgU is an emerging entertainment company with three core businesses: The Tube
Music Network, Inc., AgU Music, Inc. and AgU Studios, Inc. The Tube is the only
all-music channel on television. The Tube broadcasts advertiser-supported
promotional programming derived from music videos and DVD material. Designed to
appeal to the economically powerful 18 to 49 age group, proposed direct sales
and e-commerce components will enable the audience to purchase the music they
see and hear immediately by telephone or via the Internet. AgU Music, Inc. is a
record company engaged in the release of recorded music albums through artist
signings and acquisitions. AgU Studios, Inc., when completely developed and
fully operational, will be a comprehensive media center that will offer film,
television and music production facilities as well as executive office space for
the Company's operations and other entertainment and commercial organizations.

Forward-Looking Statements


This press release may include a number of "forward-looking statements" as that
term is defined in Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. These statements
reflect management's current views with respect to future events and financial
performance and include statements regarding management's intent, belief or
current expectations, which are based upon assumptions about future conditions
that may prove to be inaccurate. Prospective investors are cautioned that any
such forward-looking statements are not guarantees of future performance,
involve risk and uncertainties, and that as a result, actual results may differ
materially from those contemplated by such forward-looking statements. Such
risks include, among other things, the volatile and competitive markets in which
we operate, our limited operating history, our limited financial resources, our
ability to manage our growth and the lack of an established trading market for
our securities. When considering forward-looking statements, readers are urged
to carefully review and consider the various disclosures, including risk factors
and their cautionary statements, made by us in our reports filed with the
Securities and Exchange Commission.

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