On August 7, 2009, New Frontier Media, Inc., a Colorado corporation (the "Registrant"), issued the attached press release that included financial information for its fiscal 2010 first quarter. A copy of the press release is furnished as Exhibit 99.1 to this report on Form 8-K, and shall not be deemed incorporated by reference into any of the Registrant's registration statements or other filings with the Securities and Exchange Commission.

The press release presents EBITDA and Adjusted EBITDA, which are non-GAAP financial measures. They are presented in the press release because the Registrant's management uses this information in evaluating the operating efficiency and overall financial performance of its business. The Registrant's management also believes that this information provides the users of the Registrant's financial statements a valuable insight into its operating results. EBITDA is calculated as net income plus depreciation, amortization, and income taxes, plus or minus other income (expense), and Adjusted EBITDA is calculated as EBITDA less cash paid for content, plus asset impairment charges. It is important to note, however, that non-GAAP financial measures as presented do not represent cash provided by or used in operating activities and may not be comparable to similarly titled measures reported by other companies. Neither should they be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP. A reconciliation of EBITDA and Adjusted EBITDA, as compared to the most directly comparable GAAP financial measure, net income, is presented in a reconciliation table that follows our presentation of Consolidated Operating Results in the attached press release.

(d) Exhibits

Exhibit No.                              Exhibit Description
99.1           Press Release issued by New Frontier Media, Inc. dated August 7, 2009
               furnished herewith.