
<TABLE> <S> <C>

<PAGE>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM GOODNOISE
CORPORATION'S ANNUAL REPORT ON FORMS 10-KSB/A FOR THE YEAR ENDED JUNE 30, 1998,
AND QUARTERLY REPORT ON FORMS 10-QSB FOR THE QUARTER ENDED SEPTEMBER 30, AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED> 
<CIK> 0001065013
<NAME> GOODNOISE CORPORATION
<MULTIPLIER> 1
<CURRENCY> US DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-START>                             JUL-01-1998
<PERIOD-END>                               DEC-31-1998
<EXCHANGE-RATE>                                      1
<CASH>                                         348,101
<SECURITIES>                                         0
<RECEIVABLES>                                    4,000
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               505,168
<PP&E>                                         118,543
<DEPRECIATION>                                (17,136)
<TOTAL-ASSETS>                                 623,095
<CURRENT-LIABILITIES>                          573,361
<BONDS>                                              0
<PREFERRED-MANDATORY>                          182,307
<PREFERRED>                                          0
<COMMON>                                       150,253
<OTHER-SE>                                   (282,826)
<TOTAL-LIABILITY-AND-EQUITY>                   623,095
<SALES>                                              0
<TOTAL-REVENUES>                                20,465
<CGS>                                                0
<TOTAL-COSTS>                                    4,716
<OTHER-EXPENSES>                             1,993,889
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                            (1,975,238)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                        (1,975,238)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (1,975,238)
<EPS-PRIMARY>                                   (0.15)
<EPS-DILUTED>                                   (0.15)
        

</TABLE>
