EXHIBIT 23.1
 
                        CONSENT OF INDEPENDENT AUDITORS
 
  We consent to the incorporation by reference in the Post-Effective Amendment
No. 1 to the Registration Statement (Form S-8, No. 333-05437) pertaining to
the 1992 Stock Option Plan, the 1995 Stock Option Plan, as amended, and the
1995 Director Option Plan of YES! Entertainment Corporation; the Post
Effective Amendment No. 4 on Form S-3 to the Registration Statement (From S-1
No. 33-91408) for the registration of 320,729 shares of Common Stock issued in
connection with the conversion of Convertible Notes of YES! Entertainment
Corporation and in the related Prospectus; the Registration Statement (Form S-
3 No. 333-34813) for the registration of 831,000 shares of its common stock
issued in connection with the cancellation of indebtedness to various vendors,
and in the related Prospectus; the Amendment No. 1 to the Registration
Statement (Form S-3 No. 333-33793) for the registration of 8,118,112 shares of
its common stock issued in connection with the conversion of convertible
subordinated debentures, Series B Convertible Preferred Stock and the exercise
of certain Warrants, and in the related Prospectus, of our report dated
February 27, 1998 except for paragraph 4 of Note 5 and Note 16, as to which
the date is March 26, 1998 with respect to the consolidated financial
statements and schedule of YES! Entertainment Corporation included in its
Annual Report (Form 10-K) for the year ended December 31, 1997.
 
                                          Ernst & Young LLP
 
April 9, 1998
San Francisco, California