FORM 4
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act
of 1934, Section 17(a) of the Public Utility Holding Company Act of
1935 or Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person
Rubin, William C.
1414 William Street
Baltimore, MD 21230
2. Issuer Name and Ticker or Trading Symbol
First Entertainment Holding Corp. FTET
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
1/99
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer
x Director 10% Owner
Officer Other (specify below)
7. Individual or Joint/Group Filing
X Form filed by One Reporting Person
Form filed by More Than One Reporting Person
Table I- Non-Derivative Securities Acquired, Disposed Of, or
Beneficially Owned
1. Title of Security
Common Stock
Common Stock
2. Transaction Date (Month/Date/Year)
1/7/99
1/8/99
3. Transaction Code
Code V
S
S
4. Securities Acquired(A) or Disposed of (D)
Amount (A) or (D) Price
20,000 shr (D) $6,050
5,000 shr (D) $2,200
5. Amount of Securities Beneficially Owned at End of Month
350,000
350,000
6. Ownership Form: Direct (D) or Indirect (I)
(D)
(D)
7. Nature of Indirect Beneficial Ownership
Table II Derivative Securities Acquired, Disposed of, or Beneficially
Owned (e.g. pots, calls, warrants options, convertible securities)
1. Title of Derivative Security
2. Conversion or Exercise Price of Derivative Security
3. Transaction Date (Month/Date/Year)
4. Transaction Code
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
6. Date of Exercisable and Expiration Date (Month/Date/Year)
Date Exercisable Expiration Date
7. Title and Amount of Underlying Securities
Title Amount of Number of Shares
8. Price of Derivative Securities Beneficially Owned at End of Month
9. Number of Derivative Security Direct(D) or Indirect(I)
10. Ownership Form of Derivative Security Direct(D)or Indirect(I)
11. Nature of Indirect Beneficial Ownership
/s/ William Rubin 1/14/99
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Signature of Reporting Person Date
