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 24, 2007

New Frontier Media, Inc.

(Exact Name of Registrant as Specified in Charter)

Colorado	0-23697	84-1084061
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

7007 Winchester Circle, Suite 200, Boulder, Colorado 80401

(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code: (303) 444-0900

N/A

(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):

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 1.02. Termination of a Material Definitive Agreement.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(a) N/A

(b)          On May 25, 2007, New Frontier Media, Inc. announced that Karyn Miller, the Company’s Chief Financial Officer, had informed the Company on May 24, 2007, of her intention to resign voluntarily from the Company. Ms. Miller is expected to remain in her current position until the Company appoints her successor, the search for whom has been initiated. Ms. Miller’s voluntary resignation will result in the early termination of her employment agreement, which was scheduled by its terms to expire on March 31, 2009. Her employment agreement does not contain a provision for any post-employment or severance compensation benefits in connection with her voluntary resignation. Additional information regarding Ms. Miller’s resignation is included in the Company’s press release dated May 25, 2007, which is furnished with this current report as an exhibit.

(c) – (f) N/A

Item 9.01. Financial Statements and Exhibits.

(a) – (c) N/A

(d)	Exhibits.
	Exhibit No.	Description
	99.1	Press release dated May 25, 2007 furnished herewith.

2

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.

Date: May 31, 2007	NEW FRONTIER MEDIA, INC
	By: /s/ Karyn Miller Name: Karyn Miller Title: Chief Financial Officer

.

3

Exhibit Index

Exhibit No.	Description
99.1	Press release dated May 25, 2007 furnished herewith.

4

EX-99

 

For Immediate Release

Contact: Karyn L. Miller, Chief Financial Officer

(303) 444-0900 x 102

kmiller@noof.com

New Frontier Media Announces CFO Karyn Miller to Leave Company After Appointment of Successor

BOULDER, COLORADO, May 25, 2007 -- New Frontier Media, Inc. (Nasdaq: NOOF), a worldwide producer and distributor of adult-themed and general motion picture entertainment, today announced that its Chief Financial Officer, Karyn Miller, will leave the company after the appointment of her successor. Ms. Miller has agreed to remain in her Chief Financial Officer role with the Company until a successor has been hired in order to assure an orderly transition. The company is commencing a search for a new Chief Financial Officer.

“Karyn has been with New Frontier for nearly nine years and has been a key contributor to our success,” said Michael Weiner, Chief Executive of New Frontier Media. “We would not be the same company without her.”

Ms. Miller is leaving New Frontier to spend at least a year camping and backpacking across the United States. “I couldn’t be more proud of the work I’ve done at New Frontier. Our company is profitable, financially strong, and poised for even greater growth,” said Ms. Miller.

This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as “anticipates”, “expects”, “intends”, “plans”, “believes’’, “seeks”, “estimates”, or variations of such words are intended to identify such forward-looking statements. All statements in this release regardingthe future outlook related to New Frontier Media andthe outcome of any contingencies are forward-looking statements. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements. All forward-looking statements made in this

press release are made as of the date hereof, and the company assumes no obligation to update the forward-looking statements included in this news release as a result of new information or future events. Please refer to the Company’s Form 10-K under the caption “Risk Factors” and our other periodic and current reports filed by us with the SEC for additional information regarding risks and uncertainties associated with an investment in our securities. Copies of these filings are available through the SEC's website at www.sec.gov.

ABOUT NEW FRONTIER MEDIA, INC.

New Frontier Media, Inc. is a worldwide producer and distributor of adult-themed and general motion picture entertainment. Under The Erotic Networks® trademark, the Company delivers seven, full-time adult-themed pay-per-view networks to cable and satellite operators across the United States. Additionally, the Company is a leading provider of adult-themed Video-on-Demand content to cable and satellite platforms, as well as to the hospitality industry. These services reach nearly 140 million network homes.

New Frontier Media’s MRG Entertainment unit produces original, adult-themed content and series that are distributed on premium movie channels in the United States and around the world. MRG Entertainment also develops and produces original, adult-themed event programming that is widely distributed on satellite and cable platforms in the United States. Additionally, MRG Entertainment manages a sales operation, which matches independent, mainstream film producers with film distributors around the world.

New Frontier Media owns and operates a digital broadcast infrastructure in Colorado, which serves content to broadcast, IP and wireless networks around the world.

For more information about New Frontier Media, Inc. contact Karyn Miller, Chief Financial Officer, at (303) 444-0900, extension 102, and please visit our web site at www.noof.com.