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VALLEY AND VENTURA COUNTY BUSINESS | REGIONAL ROUNDUP

Harvey Can See Profits in 'Casper' Movie Sequel

May 27, 1997

Harvey Entertainment Co. announced that it expects to return to profitability in the second quarter this year as a result of an agreement with Universal Pictures and Amblin Entertainment to produce a motion picture sequel to "Casper."

The Universal City-based company also predicted it would post profits in its third and fourth quarters from the upcoming release of its direct-to-video feature "Casper, A Spirited Beginning," which will be distributed by Twentieth Century Fox Home Entertainment.

Last year, the company posted a $1.3-million profit on revenues of $9.2 million.

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