<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the restated unaudited consolidated financial statements of Global Media Corporation for the quarter and three months ended January 31, 2000, and is qualified it its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JAN-31-2000 <PERIOD-END> JAN-31-2000 <CASH> 2,542,833 <SECURITIES> 0 <RECEIVABLES> 182,200 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,005,417 <PP&E> 4,849,440 <DEPRECIATION> 603,417 <TOTAL-ASSETS> 7,854,857 <CURRENT-LIABILITIES> 607,979 <BONDS> 86,407 <PREFERRED-MANDATORY> 0 <PREFERRED> 5,709,104 <COMMON> 14,131 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 7,854,857 <SALES> 0 <TOTAL-REVENUES> 58,635 <CGS> 57,923 <TOTAL-COSTS> 57,923 <OTHER-EXPENSES> 2,508,217 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (2,507,505) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,508,390) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,508,390) <EPS-BASIC> (0.11) <EPS-DILUTED> (0.11)