<ARTICLE> 5
<CIK> 0001023298
<NAME> AVENUE ENTERTAINMENT GROUP, INC.
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<CASH>                                         457,677
<SECURITIES>                                   534,628
<RECEIVABLES>                                  156,779
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             5,324,152
<PP&E>                                         267,479
<DEPRECIATION>                                 174,653
<TOTAL-ASSETS>                               5,324,152
<CURRENT-LIABILITIES>                        1,150,026
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        41,088
<OTHER-SE>                                   4,133,038
<TOTAL-LIABILITY-AND-EQUITY>                 5,324,152
<SALES>                                        409,758
<TOTAL-REVENUES>                               409,758
<CGS>                                          173,252
<TOTAL-COSTS>                                1,393,520
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               6,638
<INCOME-PRETAX>                              (778,134)
<INCOME-TAX>                                     7,456
<INCOME-CONTINUING>                          (785,590)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (785,590)
<EPS-PRIMARY>                                    (.19)
<EPS-DILUTED>                                    (.19)