ARTD Artist Direct Inc (CE)

CUSIP No. 04315D400
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 (1) NAME OF REPORTING PERSON
 Act II Management, L.P.
 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
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 (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 (a) [ ]
 (b) [x]
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 (3) SEC USE ONLY

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 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
 Delaware
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NUMBER OF (5) SOLE VOTING POWER
 0
SHARES
 --------------------------------------------------------------

BENEFICIALLY (6) SHARED VOTING POWER
 0
OWNED BY ______________________________________________________________

EACH (7) SOLE DISPOSITIVE POWER
 0
REPORTING ______________________________________________________________

PERSON WITH (8) SHARED DISPOSITIVE POWER
 0
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 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED
 BY EACH REPORTING PERSON
 0
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 (10) CHECK BOX IF THE AGGREGATE AMOUNT
 IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
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 (11) PERCENT OF CLASS REPRESENTED
 BY AMOUNT IN ROW (9)
 0%
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 (12) TYPE OF REPORTING PERSON
 IA
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CUSIP No. 04315D400
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 (1) NAME OF REPORTING PERSON
 Act II Capital, L.L.C.
 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
-----------------------------------------------------------------------------
 (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 (a) [ ]
 (b) [x]
-----------------------------------------------------------------------------
 (3) SEC USE ONLY

-----------------------------------------------------------------------------
 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
 Delaware
-----------------------------------------------------------------------------

NUMBER OF (5) SOLE VOTING POWER
 0
SHARES
 --------------------------------------------------------------

BENEFICIALLY (6) SHARED VOTING POWER
 0
OWNED BY ______________________________________________________________

EACH (7) SOLE DISPOSITIVE POWER
 0
REPORTING ______________________________________________________________

PERSON WITH (8) SHARED DISPOSITIVE POWER
 0
-----------------------------------------------------------------------------
 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED
 BY EACH REPORTING PERSON
 0
-----------------------------------------------------------------------------
 (10) CHECK BOX IF THE AGGREGATE AMOUNT
 IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------------
 (11) PERCENT OF CLASS REPRESENTED
 BY AMOUNT IN ROW (9)
 0%
-----------------------------------------------------------------------------
 (12) TYPE OF REPORTING PERSON
 OO
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CUSIP No. 04315D400
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 (1) NAME OF REPORTING PERSON
 Dennis H. Leibowitz
 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
-----------------------------------------------------------------------------
 (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 (a) [ ]
 (b) [x]
-----------------------------------------------------------------------------
 (3) SEC USE ONLY

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 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
 United States
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NUMBER OF (5) SOLE VOTING POWER
 0
SHARES
 --------------------------------------------------------------

BENEFICIALLY (6) SHARED VOTING POWER
 0
OWNED BY ______________________________________________________________

EACH (7) SOLE DISPOSITIVE POWER
 0
REPORTING ______________________________________________________________

PERSON WITH (8) SHARED DISPOSITIVE POWER
 0
-----------------------------------------------------------------------------
 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED
 BY EACH REPORTING PERSON
 0
-----------------------------------------------------------------------------
 (10) CHECK BOX IF THE AGGREGATE AMOUNT
 IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------------
 (11) PERCENT OF CLASS REPRESENTED
 BY AMOUNT IN ROW (9)
 0%
-----------------------------------------------------------------------------
 (12) TYPE OF REPORTING PERSON
 IN
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CUSIP No. 04315D400
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 (1) NAME OF REPORTING PERSON
 Act II Master Fund, Ltd.
 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
-----------------------------------------------------------------------------
 (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 (a) [ ]
 (b) [x]
-----------------------------------------------------------------------------
 (3) SEC USE ONLY

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 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
 Cayman Islands
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NUMBER OF (5) SOLE VOTING POWER
 0
SHARES
 -------------------------------------------------------------

BENEFICIALLY (6) SHARED VOTING POWER
 0
OWNED BY
 -------------------------------------------------------------

EACH (7) SOLE DISPOSITIVE POWER
 0
REPORTING
 -------------------------------------------------------------

PERSON WITH (8) SHARED DISPOSITIVE POWER
 0

-----------------------------------------------------------------------------
 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED
 BY EACH REPORTING PERSON
 0
-----------------------------------------------------------------------------
 (10) CHECK BOX IF THE AGGREGATE AMOUNT
 IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------------
 (11) PERCENT OF CLASS REPRESENTED
 BY AMOUNT IN ROW (9)
 0%
-----------------------------------------------------------------------------
 (12) TYPE OF REPORTING PERSON
 CO
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CUSIP No. 04315D400

ITEM 1(a). NAME OF ISSUER:
 ArtistDirect Inc.

ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
 10900 Wilshire Blvd., Suite 1400, Los Angeles, California 90024.

ITEMS 2(a), 2(b) and 2(c). NAME OF PERSON FILING, ADDRESS OF PRINCIPAL
BUSINESS OFFICE AND CITIZENSHIP:

 This statement is filed by the entities and persons listed below, all of
whom together are referred to herein as the "Reporting Persons":

 (i) Act II Management, L.P.("AII"), a Delaware limited partnership,
 with respect to the Shares reported in this Schedule 13G/A held
 by certain investment funds managed by AII (the "Accounts").

 (ii) Act II Capital, L.L.C. ("AIIC") a Delaware limited liability
 company, with respect to the Shares reported in this Schedule
 13G/A held by the Accounts.

 (iii) Dennis H. Leibowitz, who is the Principal of the General Partner
 of AII, with respect to the Shares reported in this Schedule
 13G/A held by the Accounts.

 (iv) Act II Master Fund, Ltd. ("AIIMF"), a Cayman Islands company,
 with respect to shares owned by it.

 The citizenship of AII, AIIC and AIIMF is set forth above. Dennis H.
Leibowitz is a United States citizen.

 The address of the principal business office of each of the Reporting
Persons is 444 Madison Avenue 17th Floor New York, NY 10022. The address of the
principal business office of AIIMF is C/o Admiral Administration Ltd. P.O. Box
32021, SMB Admiral Financial Centre, Grand Cayman, Cayman Islands, B.W.I.

CUSIP No. 04315D400

ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock, $.01 par value

ITEM 2(e). CUSIP NUMBER: 04315D400

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO 13d-1(b) OR 13d-2(b) OR (c),
CHECK WHETHER THE PERSON FILING IS A:

 (a) [ ] Broker or dealer registered under Section 15 of the
 Act;

 (b) [ ] Bank as defined in Section 3(a)(6) of the Act;

 (c) [ ] Insurance Company as defined in Section 3(a)(19) of
 the Act;

 (d) [ ] Investment Company registered under Section 8 of the
 Investment Company Act of 1940;

 (e) [ ] Investment Adviser registered under Section 203 of the
 Investment Advisers Act of 1940: see Rule
 13d-1(b)(1)(ii)(E);

 (f) [ ] Employee Benefit Plan, Pension Fund which is subject to
 the provisions of the Employee Retirement Income Security
 Act of 1974 or Endowment Fund; see Rule 13d-1(b)(1)(ii)(F);

 (g) [ ] Parent Holding Company, in accordance with Rule
 13d-1(b)(ii)(G);

 (h) [ ] Savings Associations as defined in Section 3(b) of the
 Federal Deposit Insurance Act;

 (i) [ ] Church Plan that is excluded from the definition of an
 investment company under Section 3(c)(14) of the
 Investment Company Act of 1940; or

 (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

 IF THIS STATEMENT IS FILED PURSUANT TO Rule 13d-1(c), CHECK THIS
BOX. [x]

CUSIP No. 04315D400

ITEM 4. OWNERSHIP.

 AII serves as principal investment manager to investment funds with
respect to which it has voting and dispositive authority over the Shares
reported in this Schedule 13G/A. AIIC is the General Partner. As such, it may be
deemed to control such entity and therefore may be deemed to be the beneficial
owner of the Shares reported in this Schedule 13G/A. Mr. Dennis H. Leibowitz is
the Principal of the AIIC. As such, he may be deemed to control such entity and
therefore may be deemed to be the beneficial owner of the Shares reported in
this Schedule 13G/A.

 Each of the Reporting Persons hereby disclaims any beneficial
ownership of any such Shares.

 A. AII
 (a) Amount beneficially owned: 0
 (b) Percent of class: 0%
 (c) Number of shares as to which such person has:
 (i) sole power to vote or to direct the vote
 0
 (ii) shared power to vote or to direct the vote
 0
 (iii) sole power to dispose or to direct the disposition
 of 0
 (iv) shared power to dispose or to direct the disposition
 of 0

 B. AIIC
 (a) Amount beneficially owned: 0
 (b) Percent of class: 0%
 (c) Number of shares as to which such person has:
 (i) sole power to vote or to direct the vote
 0
 (ii) shared power to vote or to direct the vote
 0
 (iii) sole power to dispose or to direct the disposition
 0
 (iv) shared power to dispose or to direct the disposition
 of 0

 C. Dennis H. Leibowitz
 (a) Amount beneficially owned: 0
 (b) Percent of class: 0%
 (c) Number of shares as to which such person has:
 (i) sole power to vote or to direct the vote
 0
 (ii) shared power to vote or to direct the vote
 0
 (iii) sole power to dispose or to direct the disposition
 0
 (iv) shared power to dispose or to direct the disposition
 of 0

CUSIP No. 04315D400

 D. AIIMF
 (a) Amount beneficially owned: 0
 (b) Percent of class: 0%
 (c) Number of shares as to which such person has:
 (i) sole power to vote or to direct the vote
 0
 (ii) shared power to vote or to direct the vote
 0
 (iii) sole power to dispose or to direct the disposition
 of 0
 (iv) shared power to dispose or to direct the disposition
 of 0

CUSIP No. 04315D400

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
 If this statement is being filed to report the fact that as of the date
 hereof the reporting person has ceased to be the beneficial owner of more
 than five percent of the class of securities, check the following |X|.

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
 Not applicable.

ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
 THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
 Not applicable.

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
 See Item 4.

ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
 Not applicable.

ITEM 10. CERTIFICATION. (if filing pursuant to Rule 13d-1(c))

 Each of the Reporting Persons hereby makes the following
certification:

 By signing below each Reporting Person certifies that, to the best of
its knowledge and belief, the securities referred to above were not acquired and
are not held for the purpose of or with the effect of changing or influencing
the control of the issuer of the securities and were not acquired and not held
in connection with or as a participant in any transaction having that purpose or
effect.

CUSIP No. 04315D400

 SIGNATURES

 After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.

DATED: February 17, 2009 /s/ Dennis H. Leibowitz
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 Act II Management, L.P.
 By Dennis H. Leibowitz
 Principal of the General Partner

 /s/ Dennis H. Leibowitz
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 Act II Capital, L.L.C.
 By Dennis H. Leibowitz
 Principal

 /s/ Dennis H. Leibowitz
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 Dennis H. Leibowitz

 /s/ Dennis H. Leibowitz
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 Act II Master Fund, Ltd.
 By Dennis H. Leibowitz
 Director