SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON  D.C.  20549
                                 CURRENT  REPORT

                     PURSUANT  TO  SECTION  13  OR  15(D)  OF  THE
                        SECURITIES  EXCHANGE  ACT  OF  1934
                          DATE  OF  EARLIEST  REPORT
                               JUNE 1, 2006
                        (DATE  OF  EARLIEST  EVENT  REPORTED)

                            NEW  MEDIUM  ENTERPRISES,  INC.
         -----------------------


            (EXACT  NAME  OF  REGISTRANT  AS  SPECIFIED  IN  ITS  CHARTER)


STATE  OR  OTHER  JURISDICTION  OF                  (I.R.S.  EMPLOYER
INCORPORATION  OF  ORGANIZATION)                    IDENTIFICATION


             11-3502174                                         NEVADA

               (ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER, INCLUDING ARE
               CODE,  OF  REGISTRANT'S  PRINCIPAL  EXECUTIVE  OFFICES)


                               MAHESH  JAYANARAYAN,  CEO
                                  195  The  Vale
                                  London  W3  7QS
                            Tel:  011  44  208  746-2018
                            Fax:  011  44  208  749-8025


     Item 8.01 Other Events

     On  June  1,  2006  New  Medium  Enterprises, Inc. announced that its Board
     of  Directors  has  approved  a  share  buy  back program to purchase up to
     5,000,000 shares of the Company's public common stock NMEN.

     A copy of the press release is attached hereto as Exhibit 99.1.

     Item 9.01 Financial Statements and Exhibits.


     (c) Exhibits

     Exhibit  99.1  Press  release,  dated  June  1,  2006  issued by New Medium
     Enterprises, Inc.



   SIGNATURES

     Pursuant  to  the  requirements  of  the  Securities  Exchange Act of 1934,
     the  Registrant  has  duly caused this report to be signed on its behalf by
     the undersigned hereunto duly authorized.

     New Medium Enterprises, Inc.


                                   By: /s/ Mahesh Jayanarayan
                                       -----------------------------------------
                                   President, and Chief Executive Officer


Date: June 5, 2006

Exhibit 99.1


     New Medium Enterprises, Inc. Announces Share Buy-Back Program

     LONDON  --(Business  Wire)--  June  1,  2006  --  New  Medium  Enterprises,
     Inc.  (OTCBB:NMEN)  announced  that  its  Board of Directors has approved a
     share  buy  back  program  for  up to 5,000,000 shares of its public stock,
     NMEN.

     The  timing  and  exact  number  of  shares purchased will be determined at
     the  Company's  discretion  and  will  depend  on  market  conditions.  All
     repurchases  will  be on the open market and are expected to be funded from
     existing and future cash.

     "We  believe  that  the  current  share  price,  in relation to the various
     milestones  that  the  company  has  achieved  to date and is now poised to
     achieve  in  the  near  future,  does  not in any way reflect the long term
     prospects  of the Company and therefore represents an excellent opportunity
     for  us to initiate a buy-back program," said Mahesh Jayanarayan, President
     and  Chief  Executive  Officer.  He continued, "The initiative reflects our
     commitment to promote long-term shareholder value."

     The  company  recently  announced  its  HD product roll out plan to include
     various strategic relationships in Asia and Europe that management believes
     will  be instrumental in achieving long term shareholder value. Furthermore
     the  company  is  confident  that  it can generate sales revenue in the 3rd
     quarter of 2006 and believes the current stock price does not truly reflect
     a true valuation.

     About New Medium Enterprises, Inc. (NME):

     New  Medium  Enterprises,  Inc.  headquartered  in London, UK developed and
     has  begun  manufacturing  its  flagship product, VMD (Versatile MultiLayer
     Disc),  a  proprietary high definition DVD which provides the world's first
     low-cost  true  High  Definition  solution  utilizing today's red laser DVD
     Technology and its industrial infrastructure. The VMD platform is ideal for
     1920X1080i/p  High  Definition  format up to 40 Mb/s bitrate playback using
     its  20  GB  -  40 GB red laser optical discs. VMD players & burners, stand
     alone  and  computer  embedded, are inherently backward compatible with DVD
     and  CD.  This  is  the  only  low-cost high-end offering to the discerning
     consumer comparable to contemporary DVD market prices.

     For  additional  information  about  NME,  please  consult  the  Company's
     website at www.nmeinc.com.

     SAFE HARBOR

     The  'Press  Release'  contains  forward-looking  statements  as defined by
     the  federal  securities  laws  which  are made pursuant to the safe harbor
     provisions of the Private Securities Litigation Reform Act of 1995.

     Forward-looking  statements  may  discuss  our  future  expectations,
     contain projections of our future results of operations or of our financial
     position, or state other forward-looking information. However, there may be
     events in the future that we are not able to accurately predict or control.
     Forward-looking  statements  are  only  predictions  that  relate to future
     events  or  our future performance and are subject to substantial known and
     unknown risks, uncertainties, assumptions, and other factors that may cause
     actual results, outcomes, levels of activity, performance, developments, or
     achievements  to be materially different from any future results, outcomes,
     levels  of  activity, performance, developments, or achievements expressed,
     anticipated,  or  implied by these forward-looking statements. As a result,
     we  cannot  guarantee  future  results,  outcomes,  levels  of  activity,
     performance,  developments,  or achievements, and there can be no assurance
     that  our  expectations, intentions, anticipations, beliefs, or projections
     will  result  or  be  achieved  or accomplished. In summary, you should not
     place undue reliance on any forward-looking statements.

     Contact:  Martin  E.  Janis  &  Company,  Inc.
     Amy  Ruffalo,  312-943-1100 aruffalo@janispr.com  or
     Bev  Jedynak,  312-943-1100  bjedynak@janispr.com

     Source: New Medium Enterprises, Inc.
[{"type": "8-K", "sequence": "1", "filename": "body.txt", "description": "8K REPORT ITEM 8.01 99.1", "secsgml_size_bytes": 6507}]
{"company-data": {"conformed-name": "NEW MEDIUM ENTERPRISES INC", "cik": "0001126983", "assigned-sic": "3695", "irs-number": "113502174", "state-of-incorporation": "NV", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-32779", "film-number": "06885213"}, "business-address": {"street1": "195, THE VALE", "city": "LONDON", "state": "X0", "zip": "W3 7QS", "phone": "011 44 870 22 46868"}, "mail-address": {"street1": "195, THE VALE", "city": "LONDON", "state": "X0", "zip": "W3 7QS"}}
SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON  D.C.  20549
                                 CURRENT  REPORT

                     PURSUANT  TO  SECTION  13  OR  15(D)  OF  THE
                        SECURITIES  EXCHANGE  ACT  OF  1934
                          DATE  OF  EARLIEST  REPORT
                               JUNE 1, 2006
                        (DATE  OF  EARLIEST  EVENT  REPORTED)

                            NEW  MEDIUM  ENTERPRISES,  INC.
         -----------------------

            (EXACT  NAME  OF  REGISTRANT  AS  SPECIFIED  IN  ITS  CHARTER)

STATE  OR  OTHER  JURISDICTION  OF                  (I.R.S.  EMPLOYER
INCORPORATION  OF  ORGANIZATION)                    IDENTIFICATION

             11-3502174                                         NEVADA

               (ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER, INCLUDING ARE
               CODE,  OF  REGISTRANT'S  PRINCIPAL  EXECUTIVE  OFFICES)

                               MAHESH  JAYANARAYAN,  CEO
                                  195  The  Vale
                                  London  W3  7QS
                            Tel:  011  44  208  746-2018
                            Fax:  011  44  208  749-8025

     Item 8.01 Other Events

     On  June  1,  2006  New  Medium  Enterprises, Inc. announced that its Board
     of  Directors  has  approved  a  share  buy  back program to purchase up to
     5,000,000 shares of the Company's public common stock NMEN.

     A copy of the press release is attached hereto as Exhibit 99.1.

     Item 9.01 Financial Statements and Exhibits.

     (c) Exhibits

     Exhibit  99.1  Press  release,  dated  June  1,  2006  issued by New Medium
     Enterprises, Inc.

   SIGNATURES

     Pursuant  to  the  requirements  of  the  Securities  Exchange Act of 1934,
     the  Registrant  has  duly caused this report to be signed on its behalf by
     the undersigned hereunto duly authorized.

     New Medium Enterprises, Inc.

                                   By: /s/ Mahesh Jayanarayan
                                       -----------------------------------------
                                   President, and Chief Executive Officer

Date: June 5, 2006

Exhibit 99.1

     New Medium Enterprises, Inc. Announces Share Buy-Back Program

     LONDON  --(Business  Wire)--  June  1,  2006  --  New  Medium  Enterprises,
     Inc.  (OTCBB:NMEN)  announced  that  its  Board of Directors has approved a
     share  buy  back  program  for  up to 5,000,000 shares of its public stock,
     NMEN.

     The  timing  and  exact  number  of  shares purchased will be determined at
     the  Company's  discretion  and  will  depend  on  market  conditions.  All
     repurchases  will  be on the open market and are expected to be funded from
     existing and future cash.

     "We  believe  that  the  current  share  price,  in relation to the various
     milestones  that  the  company  has  achieved  to date and is now poised to
     achieve  in  the  near  future,  does  not in any way reflect the long term
     prospects  of the Company and therefore represents an excellent opportunity
     for  us to initiate a buy-back program," said Mahesh Jayanarayan, President
     and  Chief  Executive  Officer.  He continued, "The initiative reflects our
     commitment to promote long-term shareholder value."

     The  company  recently  announced  its  HD product roll out plan to include
     various strategic relationships in Asia and Europe that management believes
     will  be instrumental in achieving long term shareholder value. Furthermore
     the  company  is  confident  that  it can generate sales revenue in the 3rd
     quarter of 2006 and believes the current stock price does not truly reflect
     a true valuation.

     About New Medium Enterprises, Inc. (NME):

     New  Medium  Enterprises,  Inc.  headquartered  in London, UK developed and
     has  begun  manufacturing  its  flagship product, VMD (Versatile MultiLayer
     Disc),  a  proprietary high definition DVD which provides the world's first
     low-cost  true  High  Definition  solution  utilizing today's red laser DVD
     Technology and its industrial infrastructure. The VMD platform is ideal for
     1920X1080i/p  High  Definition  format up to 40 Mb/s bitrate playback using
     its  20  GB  -  40 GB red laser optical discs. VMD players & burners, stand
     alone  and  computer  embedded, are inherently backward compatible with DVD
     and  CD.  This  is  the  only  low-cost high-end offering to the discerning
     consumer comparable to contemporary DVD market prices.

     For  additional  information  about  NME,  please  consult  the  Company's
     website at www.nmeinc.com.

     SAFE HARBOR

     The  'Press  Release'  contains  forward-looking  statements  as defined by
     the  federal  securities  laws  which  are made pursuant to the safe harbor
     provisions of the Private Securities Litigation Reform Act of 1995.

     Forward-looking  statements  may  discuss  our  future  expectations,
     contain projections of our future results of operations or of our financial
     position, or state other forward-looking information. However, there may be
     events in the future that we are not able to accurately predict or control.
     Forward-looking  statements  are  only  predictions  that  relate to future
     events  or  our future performance and are subject to substantial known and
     unknown risks, uncertainties, assumptions, and other factors that may cause
     actual results, outcomes, levels of activity, performance, developments, or
     achievements  to be materially different from any future results, outcomes,
     levels  of  activity, performance, developments, or achievements expressed,
     anticipated,  or  implied by these forward-looking statements. As a result,
     we  cannot  guarantee  future  results,  outcomes,  levels  of  activity,
     performance,  developments,  or achievements, and there can be no assurance
     that  our  expectations, intentions, anticipations, beliefs, or projections
     will  result  or  be  achieved  or accomplished. In summary, you should not
     place undue reliance on any forward-looking statements.

     Contact:  Martin  E.  Janis  &  Company,  Inc.
     Amy  Ruffalo,  312-943-1100 aruffalo@janispr.com  or
     Bev  Jedynak,  312-943-1100  bjedynak@janispr.com

     Source: New Medium Enterprises, Inc.