GRAND ENTERTAINMENT & MUSIC /GEM/ INC
10QSB, EX-27, 2000-12-20
PHONOGRAPH RECORDS & PRERECORDED AUDIO TAPES & DISKS
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<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from Balance
Sheet, Statement of Operations, Statements of Cash Flows and Notes thereto
incorporated in Part I, Item 1. of this Form 10-QSB and is qualified in its
entirety by reference to such financial statements.
</LEGEND>

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-2001
<PERIOD-END>                               OCT-31-2000
<CASH>                                               0
<SECURITIES>                                         0
<RECEIVABLES>                                  141,263
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               714,216
<PP&E>                                         258,597
<DEPRECIATION>                                 107,796
<TOTAL-ASSETS>                               1,028,170
<CURRENT-LIABILITIES>                          137,201
<BONDS>                                              0
                                0
                                          0
<COMMON>                                        17,683
<OTHER-SE>                                     736,262
<TOTAL-LIABILITY-AND-EQUITY>                 1,028,170
<SALES>                                         45,274
<TOTAL-REVENUES>                                45,274
<CGS>                                                0
<TOTAL-COSTS>                                    9,055
<OTHER-EXPENSES>                                 9,055
<LOSS-PROVISION>                                18,480
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                    944
<INCOME-TAX>                                    11,795
<INCOME-CONTINUING>                              5,710
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    11,085
<EPS-BASIC>                                       0.00
<EPS-DILUTED>                                     0.00



</TABLE>


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