<ARTICLE> 5
<LEGEND>
This Schedule contains summary financial information extracted from the
Company's audited financial statements for the year ended June 30, 1996
contained in its Form SB-2 and is qualified in its entirety by reference to
such Form SB-2.
</LEGEND>
<CIK> 0000854937
<NAME> THE PRODUCERS ENTERTAINMENT GROUP LTD.
<MULTIPLIER> 1
<CURRENCY> US
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          JUN-30-1996
<PERIOD-START>                              JUL-1-1995
<PERIOD-END>                               JUN-30-1996
<EXCHANGE-RATE>                                      1
<CASH>                                         336,416
<SECURITIES>                                         0
<RECEIVABLES>                                  514,117
<ALLOWANCES>                                    12,934
<INVENTORY>                                    772,777
<CURRENT-ASSETS>                                     0
<PP&E>                                         218,209
<DEPRECIATION>                                 167,967
<TOTAL-ASSETS>                               2,106,837
<CURRENT-LIABILITIES>                        1,033,136
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                      1,000
<COMMON>                                         3,568
<OTHER-SE>                                   1,069,115
<TOTAL-LIABILITY-AND-EQUITY>                 2,106,837
<SALES>                                      5,367,498
<TOTAL-REVENUES>                             5,367,498
<CGS>                                        3,436,476
<TOTAL-COSTS>                                3,436,476
<OTHER-EXPENSES>                             3,671,015
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              22,920
<INCOME-PRETAX>                            (1,447,666)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                        (1,447,666)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (1,477,666)
<EPS-PRIMARY>                                    (.63)
<EPS-DILUTED>                                    (.63)