UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  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):  July 8, 1996



                         ADDVANTAGE MEDIA GROUP, INC.
            (Exact name of Registrant as specified in its charter)



    Oklahoma                       1-10799                   73-1351610
    --------                       -------                   ----------
(State or other                (Commission File          (I.R.S. Employer
jurisdiction of                    Number)               Identification No.
incorporation)


                            5100 East Skelly Drive
                          Meridian Tower, Suite 2800
                             Tulsa, Oklahoma 74135
                                (918) 665-8414
              (Address, including Zip Code, and telephone number,
       including area code, of Registrant's principal executive offices)

 
ITEM 5.  Other Events.

     The information included in Exhibit 99.1 to this Current Report on Form 8-K
is incorporated herein by reference.



                                   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.


                                     ADDVANTAGE MEDIA GROUP, INC.


July 10, 1996                        By: \s\ Charles H. Hood
                                        ---------------------------------
                                                 Charles H. Hood
                                                 President

 
                                 EXHIBIT INDEX

 
Exhibit Number              Description
- - --------------              -----------            
 
99.1.....................   Press Release dated July 8, 1996