UNITED STATES
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): ~~December~~April 149, ~~2009~~2010

HERE MEDIA INC.
(Exact name of registrant as specified in its charter)


DELAWARE	000-53690	26-3962587
(State or other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)


10990 Wilshire Boulevard Penthouse Los Angeles, California		90024
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (310) 806-4288

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

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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

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

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.01 Entry Into a Material Definitive Agreement

OnItem ~~December 14, 2009, Here Media Inc~~2.~~, Here Publishing Inc~~03., ~~PlanetOut~~Creation ~~Inc.,~~of ~~and Here Networks L.L.C. (individually and collectively, the “Company”) entered into~~ a ~~factoring~~Direct ~~agreement~~Financial ~~(the~~Obligation ~~“Agreement”)~~or ~~with~~an ~~Amegy~~Obligation ~~Bank National~~under ~~Association~~an ~~(“Amegy”)~~Off-Balance ~~providing~~Sheet aArrangement ~~facility with which to finance accounts receivable~~ of ~~the~~a ~~Company~~Registrant.

~~Paul~~On A.April 9, ~~Colichman~~2010, ~~Chief~~Here ~~Executive~~Media ~~Officer~~Inc. ~~and~~(“Company”) ~~President~~borrowed ~~of the Company~~$350,000 ~~and~~from Stephen P. Jarchow, Chairman of the Board of the Company, ~~both~~in his individual capacity and executed an unsecured promissory note (the “Note”) in favor of ~~whom~~Mr. Jarchow setting ~~are~~forth ~~substantial~~the ~~stockholders~~terms of the Company,’s ~~have~~obligations ~~provided~~with ~~limited~~respect ~~guaranties,~~to ~~each~~such borrowing. The Note bears interest at the inrate of 10% per annum. Principal and interest on the ~~maximum~~Note ~~amount~~are ofpayable $monthly beginning on May 3, 2010 with the final payment becoming due on or before July 1,~~500~~ 2010. The Note provides for prepayment in certain events,~~000,~~ ofincluding receipt by the Company~~’s obligations~~ ~~under~~of ~~the~~payments ~~Agreement~~on certain customer accounts .

~~Pursuant~~The toforegoing ~~the~~summary ~~requirements~~does ofnot ~~the~~describe ~~Securities~~all ~~Exchange Act~~ of ~~1934,~~ the ~~registrant~~terms ~~has~~of ~~duly caused this report to be signed on its behalf by~~ the ~~undersigned thereunto duly authorized~~Note.

~~Date:~~Pursuant ~~December 18~~to the requirements of the Securities Exchange Act of 1934, ~~2009~~the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

~~HERE~~Date: ~~MEDIA~~April 12, ~~INC.~~2010

~~By:~~HERE ~~/s/~~MEDIA ~~Paul A~~INC. ~~Colichman~~ ~~Name: Paul A. Colichman Title: Chief Executive Officer and President~~

2By: /s/ Paul A. Colichman Name: Paul A. Colichman Title: Chief Executive Officer and President

Filing Compare · Here Media Inc.