<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
PRODUCER ENTERTAINMENT GROUP LTD'S FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-START>                             JUL-01-1998
<PERIOD-END>                               SEP-30-1998
<CASH>                                        (27,398)
<SECURITIES>                                         0
<RECEIVABLES>                                2,770,441
<ALLOWANCES>                                         0
<INVENTORY>                                  1,383,171
<CURRENT-ASSETS>                                     0<F1>
<PP&E>                                         178,898
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               5,548,305
<CURRENT-LIABILITIES>                                0<F1>
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                    652,250
<COMMON>                                       831,457
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                 5,548,305
<SALES>                                      1,033,223
<TOTAL-REVENUES>                             1,033,223
<CGS>                                          730,470
<TOTAL-COSTS>                                2,205,810
<OTHER-EXPENSES>                             (115,015)
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              (986,196)
<INCOME-TAX>                                   (5,304)
<INCOME-CONTINUING>                          (991,500)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (1,097,750)
<EPS-PRIMARY>                                    (.15)
<EPS-DILUTED>                                    (.15)
<FN>
<F1>THE COMPANY HAS ELECTED TO PRESENT AN UNCLASSIFIED BALANCE SHEET
</FN>