Form: 4

Statement of changes in beneficial ownership of securities

April 7, 2009

FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
Rifkin Jay
   2. Issuer Name and Ticker or Trading Symbol
China Youth Media, Inc. [CHYU] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman and CEO
(Last)
(First)
(Middle)
C/O CHINA YOUTH MEDIA, INC., 4143 GLENCOE AVENUE		 3. Date of Earliest Transaction (Month/Day/Year)
09/10/2008
(Street)

MARINA DEL REY, CA 90292		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Secured Convertible Note $ 1.112 09/10/2008   J(1)     $ 556,306.53 (2)   (2)   (2) Common Stock 500,000 $ 0 0 I By Rebel Holdings LLC
Secured Convertible Promissory Note $ 0.03 09/10/2008   A(1)   $ 2,078,047 (1)     (1)   (1) Common Stock 69,268,233 $ 0 69,268,233 I By Rebel Holdings LLC
12% Convertible Promissory Note $ 0.09 09/30/2008   A   $ 150,000     (3)   (3) Common Stock 1,666,666 $ 0 1,666,666 I By Mojo Music Inc.
Common Stock Purchase Warrant $ 0.09 09/30/2008   A   525,000     (3)   (3) Common Stock 525,000 $ 0 525,000 I By Mojo Music Inc.

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Rifkin Jay
C/O CHINA YOUTH MEDIA, INC.
4143 GLENCOE AVENUE
MARINA DEL REY, CA 90292		   X   X   Chairman and CEO  

Signatures

 /s/ Jay Rifkin   04/07/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On September 10, 2008, reporting person entered into a loan consolidation agreement with the Issuer pursuant to which various loans made by Jay Rifkin and Rebel Holdings LLC ("Rebel Holdings") and other amounts incurred by or due to Jay Rifkin, were consolidated into one promissory note payable to Rebel Holdings in the principal amount of $2,078,047 which shall be convertible at the option of the holder into shares of common stock at $0.03 per share.
(2) Represents secured convertible note cancelled and consolidated into the consolidated note in the principal amount of $2,078,047.
(3) Reporting person purchased 1.5 Units offered by the Issuer with each Unit consisting of $100,000 principal amount of 12% Convertible Promissory Note due three years from issuance convertible at $0.09 per share and 350,000 warrants exercisable at $0.09 per share for five years from issuance.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.