SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 21, 2006

                           ONSTREAM MEDIA CORPORATION
                           --------------------------
             (Exact name of registrant as specified in its charter)

                                     Florida
                 (State or Other Jurisdiction of Incorporation)

     000-22849                                    65-0420146
 -------------------                           -----------------
(Commission File Number)              (IRS Employer Identification Number)

                 1291 SW 29 Avenue, Pompano Beach, Florida 33069
                 -----------------------------------------------
                   (Address of executive offices and Zip Code)

                                  (954)917-6655
                                  -------------
              (Registrant's Telephone Number, Including Area Code)


                         -------------------------------
          (Former name or former address, if changed since last report)

      Check the appropriate box below if the Form 8-K filing is intended to
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):

| |   Written communications pursuant to Rule 425 under the Securities Act (17
      CRF 230.425)

| |   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

| |   Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

| |   Pre-commencement communications pursuant to Rule 133-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))

<PAGE>


Item 8.01         Other Events

      On February 21, 2006 Onstream Media Corporation issued a press release
announcing its results for the three months ended December 31, 2005. A copy of
the press release, which is incorporated herein by reference, is attached to
this Current Report on Form 8-K as Exhibit 99.1.

Item 9.01         Financial Statements and Exhibits.

(c)   Exhibits

Exhibit No.                                 Description

99.1                       Press release dated February 21, 2006

                                   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.

                                                 ONSTREAM MEDIA CORPORATION


                                                 By: /s/ Robert E. Tomlinson
                                                     ------------------------
February 21, 2006                                    Robert E. Tomlinson, CFO
{"company-data": {"conformed-name": "Onstream Media CORP", "cik": "0000919130", "assigned-sic": "7373", "irs-number": "650420146", "state-of-incorporation": "FL", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-22849", "film-number": "06633808"}, "business-address": {"street1": "1291 SW 29 AVE", "street2": "STE 3A", "city": "POMPANO BEACH", "state": "FL", "zip": "33069", "phone": "9549176655"}, "mail-address": {"street1": "1600 S DIXIE HIGHWAY", "street2": "SUITE 3A", "city": "BOCA RATON", "state": "FL", "zip": "33432"}, "former-company": {"former-conformed-name": "VISUAL DATA CORP", "date-changed": "19961025"}}
SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 21, 2006

                           ONSTREAM MEDIA CORPORATION
                           --------------------------
             (Exact name of registrant as specified in its charter)

                                     Florida
                 (State or Other Jurisdiction of Incorporation)

     000-22849                                    65-0420146
 -------------------                           -----------------
(Commission File Number)              (IRS Employer Identification Number)

                 1291 SW 29 Avenue, Pompano Beach, Florida 33069
                 -----------------------------------------------
                   (Address of executive offices and Zip Code)

                                  (954)917-6655
                                  -------------
              (Registrant's Telephone Number, Including Area Code)

                         -------------------------------
          (Former name or former address, if changed since last report)

      Check the appropriate box below if the Form 8-K filing is intended to
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):

| |   Written communications pursuant to Rule 425 under the Securities Act (17
      CRF 230.425)

| |   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

| |   Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

| |   Pre-commencement communications pursuant to Rule 133-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))
Item 8.01         Other Events

      On February 21, 2006 Onstream Media Corporation issued a press release
announcing its results for the three months ended December 31, 2005. A copy of
the press release, which is incorporated herein by reference, is attached to
this Current Report on Form 8-K as Exhibit 99.1.

Item 9.01         Financial Statements and Exhibits.

(c)   Exhibits

Exhibit No.                                 Description

99.1                       Press release dated February 21, 2006

                                   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.

                                                 ONSTREAM MEDIA CORPORATION

                                                 By: /s/ Robert E. Tomlinson
                                                     ------------------------
February 21, 2006                                    Robert E. Tomlinson, CFO