<PAGE> 1
APPLICATION FOR WITHDRAWAL
OF
REGISTRATION STATEMENT
Issuer: Source Media, Inc.
Registration Statement: Registration Statement on Form S-1
(No. 333-16883) (the "Registration
Statement")
Pursuant to Rule 477 of the Securities Act of 1933, as amended, Source
Media, Inc., a Delaware corporation (the "Registrant"), hereby makes
application to withdraw the above-referenced Registration Statement. The
Registration Statement was filed by the Registrant with the Commission on
November 27, 1996. The Registrant requests the withdrawal of the Registration
Statement due to a change in its financing plans.
SOURCE MEDIA, INC.
By:/s/ TIMOTHY P. PETERS
--------------------------
Timothy P. Peters,
Chief Executive Officer
and Agent for Service
