<PAGE> PAGE 1
000 A000000 06/30/97
000 C000000 0000910671
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 NEW AGE MEDIA, INC.
001 B000000 811-7075
001 C000000 4103452000
002 A000000 100 EAST PRATT STREET
002 B000000 BALTIMORE
002 C000000 MD
002 D010000 21202
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
015 A000001 CUSTODIAL TRUST COMPANY
015 B000001 C
015 C010001 PRINCETON
015 C020001 NJ
015 C030001 08540
015 E010001 X
015 A000002 CITIBANK N.A.
015 B000002 S
015 C010002 LONDON
015 D010002 ENGLAND
015 D020002 SE13 7EX
015 E040002 X
015 A000003 SKANDINAVISKA ENSKILDA BANKEN
015 B000003 S
015 C010003 STOCKHOLM
015 D010003 SWEDEN
015 D020003 S-106-40
015 E040003 X
018 000000 Y
019 A000000 Y
019 B000000 78
019 C000000 TROWEPRICE
020 A000001 INSTINET
020 B000001 13-3443395
020 C000001 12
020 A000002 DONALDSON LUFKIN JENRETTE
020 B000002 13-2741729
020 C000002 12
020 A000003 MORGAN STANLEY
<PAGE> PAGE 2
020 B000003 13-2655998
020 C000003 10
020 A000004 LIPPER ANALYTICAL
020 B000004 13-2792478
020 C000004 9
020 A000005 BEAR STEARNS
020 B000005 13-3299429
020 C000005 9
020 A000006 SBC WARBURG
020 B000006 FOREIGN
020 C000006 6
020 A000007 SALOMON BROTHERS
020 B000007 13-3082694
020 C000007 6
020 A000008 MERRILL LYNCH
020 B000008 13-5674085
020 C000008 5
020 A000009 BRIDGE TRADING
020 B000009 43-1450530
020 C000009 4
020 A000010 FIRST BOSTON
020 B000010 13-5659485
020 C000010 4
021 000000 98
022 A000001 FIRST BOSTON
022 B000001 13-5659485
022 C000001 376464
022 D000001 3390
022 A000002 CHASE SECURITIES
022 B000002 13-3379014
022 C000002 281856
022 D000002 1580
022 A000003 LEHMAN BROTHERS
022 B000003 13-2518466
022 C000003 134403
022 D000003 934
022 A000004 GOLDMAN SACHS
022 B000004 13-5108880
022 C000004 30506
022 D000004 8789
022 A000005 MORGAN STANLEY
022 B000005 13-2655998
022 C000005 246
022 D000005 7797
022 A000006 MERRILL LYNCH
022 B000006 13-5674085
022 C000006 6122
022 D000006 1651
022 A000007 ALEX BROWN
022 B000007 52-1319768
022 C000007 3213
<PAGE> PAGE 3
022 D000007 2881
022 A000008 SMITH BARNEY SHEARSON
022 B000008 13-1912900
022 C000008 497
022 D000008 5441
022 A000009 BEAR STEARNS
022 B000009 13-3299429
022 C000009 468
022 D000009 3709
022 A000010 DONALDSON LUFKIN JENRETTE
022 B000010 13-2741729
022 C000010 335
022 D000010 3388
023 C000000 834628
023 D000000 52482
028 A010000 0
028 A020000 0
028 A030000 0
028 A040000 0
028 B010000 0
028 B020000 0
028 B030000 0
028 B040000 0
028 C010000 0
028 C020000 0
028 C030000 0
028 C040000 0
028 D010000 0
028 D020000 0
028 D030000 0
028 D040000 0
028 E010000 0
028 E020000 0
028 E030000 0
028 E040000 0
028 F010000 0
028 F020000 0
028 F030000 0
028 F040000 0
028 G010000 0
028 G020000 0
028 G030000 0
028 G040000 0
028 H000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 1.100
048 A010000 0
048 A020000 0.000
048 B010000 0
<PAGE> PAGE 4
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 0
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 0.0
070 A010000 Y
070 A020000 N
070 B010000 Y
<PAGE> PAGE 5
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 Y
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 Y
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000 32388
071 B000000 95796
071 C000000 183780
071 D000000 18
072 A000000 6
072 B000000 921
072 C000000 367
072 D000000 0
072 E000000 0
072 F000000 1199
072 G000000 0
072 H000000 0
072 I000000 24
072 J000000 13
072 K000000 0
072 L000000 9
072 M000000 7
072 N000000 4
<PAGE> PAGE 6
072 O000000 0
072 P000000 0
072 Q000000 43
072 R000000 6
072 S000000 41
072 T000000 0
072 U000000 19
072 V000000 0
072 W000000 7
072 X000000 1372
072 Y000000 0
072 Z000000 -84
072AA000000 0
072BB000000 2467
072CC010000 19621
072CC020000 0
072DD010000 0
072DD020000 0
072EE000000 0
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 0
074 B000000 0
074 C000000 68601
074 D000000 0
074 E000000 3982
074 F000000 164997
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 879
074 K000000 0
074 L000000 28
074 M000000 60
074 N000000 238547
074 O000000 0
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 512
074 S000000 0
074 T000000 238035
074 U010000 14501
074 U020000 0
074 V010000 16.42
074 V020000 0.00
074 W000000 0.0000
<PAGE> PAGE 7
074 X000000 754
074 Y000000 30200
075 A000000 0
075 B000000 219841
076 000000 15.63
077 A000000 N
SIGNATURE JAMES RIEPE
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000910671
<NAME> TRP NEW AGE MEDIA FUND, INC.
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 198341
<INVESTMENTS-AT-VALUE> 237580
<RECEIVABLES> 906
<ASSETS-OTHER> 61
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 238547
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 512
<TOTAL-LIABILITIES> 512
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 201485
<SHARES-COMMON-STOCK> 14501
<SHARES-COMMON-PRIOR> 14627
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 84
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 5891
<ACCUM-APPREC-OR-DEPREC> 42525
<NET-ASSETS> 238035
<DIVIDEND-INCOME> 367
<INTEREST-INCOME> 921
<OTHER-INCOME> 0
<EXPENSES-NET> 1372
<NET-INVESTMENT-INCOME> (84)
<REALIZED-GAINS-CURRENT> (2467)
<APPREC-INCREASE-CURRENT> 19621
<NET-CHANGE-FROM-OPS> 17070
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 126
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 15479
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 3424
<GROSS-ADVISORY-FEES> 1199
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1372
<AVERAGE-NET-ASSETS> 219841
<PER-SHARE-NAV-BEGIN> 15.22
<PER-SHARE-NII> (.01)
<PER-SHARE-GAIN-APPREC> 1.19
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.42
<EXPENSE-RATIO> 1.26
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
