HUNGARIAN BROADCASTING CORP
10QSB/A, 1996-06-28
TELEVISION BROADCASTING STATIONS
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                           Securities and Exchange Commission
                                 Washington, D.C. 20549

                                       Form 10-QSB/A

                       Quarterly Report Under Section 13 or 15(D)
                         of the Securities Exchange Act of 1934

For the Quarter Ended                             Commission File Number     
March 31, 1996                                          0-26808               


                              HUNGARIAN BROADCASTING CORP.
                 (Exact name of Registrant as specified in its charter)


                 Delaware                                     13-3787223
     (State or other jurisdiction of                      (I.R.S. Employer
     incorporation or organization)                       Identification No.)

                           445 Park Avenue, New York, NY 10022
                        (Address of principal executive offices)

                                     (212) 758-9870
                 The Registrant's telephone number, including area code



Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the Registrant was 
required to file such reports), and (2) has been subject to such filing 
requirement for the past 90 days. Yes  X   No     

Indicate the number of shares outstanding of each of the issuer's classes of 
common stock, as of the latest possible date:


Common Stock, $.001 par value                 2,577,500 Shares              
              (Class)                 (Outstanding at March 31, 1996)       

<PAGE>



                                  SIGNATURE



Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange 
Act of 1934, as amended, the Registrant has duly caused this Report to be signed
on its behalf by the undersigned thereunto duly authorized, in the City of New 
York, State of New York, on the         day of May, 1996



                                         HUNGARIAN BROADCASTING CORP.




                                       By                                   
                                          Frank R. Cohen
                                          Treasurer and Chief Financial Office

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

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