CELEBRITY ENTERTAINMENT INC
10-C, 1996-06-28
AMUSEMENT & RECREATION SERVICES
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                                    Form 10C

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549
                                    Form 10-C

                 Report by Issuer of Securities Quoted on NASDAQ

                          Interdealer Quotation System


                  Filed pursuant to Section 13 or 15(d) of the

                Securities Exchange Act of 1934 and Rule 13a-176

                              or 15d-17 thereunder

                          CELEBRITY ENTERTAINMENT, INC.
                 (Exact name of issuer as specified in charter)

               214 Brazilian Ave., Suite 400, Palm Beach, FL 33480
                    (Address of principal executive offices)

          Issuer's telephone number, including area code (407) 659-3832

                    I. CHANGE IN NUMBER OF SHARES OUTSTANDING

Indicate any change (increase or decrease) of 5% or more in the number of shares
outstanding:
 
1.    Title of security                                  Common Stock
 
2.    Number of shares outstanding
     before the change                              1,756,753
 
3.    Number of shares outstanding after the change  1,981,753
 
4.    Effective date of change                       8/24/95
 
5.    Method of change:
  
Specify method (such as merger, acquisition, exchange, distribution, stock
split, reverse split, acquisition of stock for treasury, etc.).

Give brief description of transaction.

Issuance of stock and options (with simultaneous exercise of options) pursuant
to employee benefit plan, registered on Form S-8.




                       II. CHANGE IN NAME OF ISSUER
 
1.    Name prior to change
 
2.    Name after change
 
3.    Effective date of charter amendment changing name
 
4.    Date of shareholder approval of change, if required
 
Date: June 27, 1996
 
Celebrity Entertainment, Inc.

By:/s/ J. William Metzger
J. William Metzger, Executive Vice President
(Officer's signature & title)



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