EXHIBIT 10.1 AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT

EXHIBIT 10.1

AMENDMENT NO. 1
TO
EMPLOYMENT AGREEMENT

     THIS AMENDMENT NO. 1 (“Amendment No. 1”) to that certain Employment Agreement (“Employment Agreement”), entered into between ARTISTdirect, Inc., a Delaware corporation (the “Company”) and Jon Diamond (“Employee”), is entered into as of October 11, 2005. Capitalized terms used herein and not defined shall have the meanings given to them in the Employment Agreement.

RECITALS

     WHEREAS, the parties hereto entered into the Employment Agreement effective as of July 28, 2005; and

     WHEREAS, the parties hereto desire to mutually amend the Employment Agreement, all upon the terms and conditions set forth herein.

     NOW, THEREFORE, for valuable consideration, the receipt of which is hereby acknowledged, the parties agree to the terms and conditions set forth herein.

     1.  Schedule 5(c) . The parties hereby agree that the following provisions contained in S