T.C. Memo. 2004-177                                  
                               UNITED STATES TAX COURT                                
                           MEDIAWORKS, INC., Petitioner v.                            
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      
               Docket No. 1466-03.              Filed July 28, 2004.                  
               Michael J. Schiff and Mark D. Pastor,1 for petitioner.                 
               Jonathan H. Sloat, for respondent.                                     
                       MEMORANDUM FINDINGS OF FACT AND OPINION                        
               LARO, Judge:  Petitioner petitioned the Court to redetermine           
          respondent’s determinations as to its taxable years ended                   
               1 Mark D. Pastor (Pastor) represented petitioner in this               
          proceeding from the time of the petition until Mar. 22, 2004, the           
          date on which the Court granted Pastor’s motion to withdraw from            
          the case.  Michael J. Schiff entered his appearance in this                 
          proceeding on Apr. 1, 2004.                                                 
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