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Harmony Holdings Inc

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BUSINESS
April 27, 1993
Harmony Holdings Inc., a Burbank television commercial producer, said it has extended the term of some of its publicly traded warrants. The B warrants, originally set to expire on Wednesday, are now exercisable until June 25, Harmony said. Each warrant entitles the holder to receive for $3.30 one share of Harmony common stock and a C warrant. Each C warrant can be exchanged at $3.65 for one share of common stock until Jan. 28, 1994. Harmony, which recently raised $1.
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BUSINESS
December 27, 1994
Harmony Holdings Inc., a Burbank-based producer of special-effect television commercials and music videos, said the company's chairman, Harvey Bibicoff, has purchased 950,000 shares of Harmony common stock at $2.10 per share. Bibicoff said he bought the shares from Ventura Entertainment Group Ltd., which acquired Harmony four years ago but recently decided to sell its Harmony stock. Bibicoff's purchase gives him 17% of the 5.5 million common shares of Harmony outstanding.
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BUSINESS
May 19, 1992
Harmony Holdings Inc., a producer of television commercials, reported a profit in its fiscal third quarter ended March 31 and a narrower loss in the latest nine-month period, which the company attributed to its expanded sales and marketing efforts. Harmony's third-quarter profit was $225,557, contrasted with a year-earlier loss of $349,075. Revenue was $5.34 million, more than double the $2.35 million in revenue in the third quarter of fiscal 1991.
BUSINESS
November 15, 1994
Harmony Holdings Inc., a Burbank-based producer of special-effects television commercials and music videos, reversed a year-earlier loss in its fiscal first quarter that ended Sept. 30. The company posted earnings of $304,634 in the quarter, compared to a loss of $802,063 a year earlier. Revenues jumped 22% to $12.4 million from $10.2 million in the same three-month period in 1993.
BUSINESS
November 15, 1994
Harmony Holdings Inc., a Burbank-based producer of special-effects television commercials and music videos, reversed a year-earlier loss in its fiscal first quarter that ended Sept. 30. The company posted earnings of $304,634 in the quarter, compared to a loss of $802,063 a year earlier. Revenues jumped 22% to $12.4 million from $10.2 million in the same three-month period in 1993.
BUSINESS
November 26, 1991
Harmony Holdings Inc., a Burbank company that produces television commercials, said it has raised $2.83 million in an initial public stock offering. The offering completes the spin-off of the company by Ventura Entertainment Group Ltd., a Beverly Hills television production concern that bought Harmony for $3 million in cash and stock in March, 1990. Ventura maintains a 57% stake in Harmony.
BUSINESS
February 16, 1993
Harmony Holdings Inc., a start-up producer of television commercials and other programming, posted a fiscal second-quarter loss of $372,636, compared with a year-earlier loss of $398,001. The latest loss in the three months ended Dec. 31 came despite a near doubling of the Burbank company's revenue, to $6.1 million from $3.1 million a year ago.
BUSINESS
April 6, 1993
Harmony Holdings Inc., a Burbank television commercial producer, said it raised $1.6 million from the exercise of some restructured and newly created warrants. It said it would use the funds to support the growth of its existing business and to expand through a start-up, merger or acquisition. Harmony also said Tara McCarthy has joined it as chief operating officer. McCarthy has worked for several other firms as an executive and commercial producer.
BUSINESS
July 20, 1993
Harmony Holdings Inc., a television commercial production company in Burbank, said it extended the expiration date of its publicly traded B warrants from July 15 to Oct. 13. The terms of the warrants remain unchanged. It allows each B warrant holder to buy one share of common stock for $3.30 as well as receive one C warrant, which can also be used to buy another share of common stock at $3.65 each through Jan. 28. If the B warrants are exercised, it will yield about $1.7 million to Harmony.
BUSINESS
December 3, 1991
Harmony Holdings Inc., a Burbank company that produces television commercials, said it earned $125,703 for the fiscal first quarter that ended Sept. 30 contrasted with a year-earlier loss of $127,569. Harmony's third-quarter revenues grew 30% to $5 million from $3.86 million last year. Harmony was a subsidiary of Ventura Entertainment Group Ltd., a Beverly Hills television production concern, from March, 1990, until last month, when Harmony was spun off in an initial stock offering.
BUSINESS
March 1, 1994
Harmony Holdings Inc., a Burbank producer of television commercials and music videos, reported that its losses widened in its latest quarter and six months, partly due to a $500,000 restructuring charge. In its fiscal second quarter ended Dec. 31, Harmony lost $1.19 million, in contrast with a year-earlier loss of $372,636. Its revenue rose 58%, to $9.53 million from $6.1 million. Harmony's six-month loss was $1.99 million, more than double the $769,920 loss in the year-ago period.
BUSINESS
July 20, 1993
Harmony Holdings Inc., a television commercial production company in Burbank, said it extended the expiration date of its publicly traded B warrants from July 15 to Oct. 13. The terms of the warrants remain unchanged. It allows each B warrant holder to buy one share of common stock for $3.30 as well as receive one C warrant, which can also be used to buy another share of common stock at $3.65 each through Jan. 28. If the B warrants are exercised, it will yield about $1.7 million to Harmony.
BUSINESS
April 27, 1993
Harmony Holdings Inc., a Burbank television commercial producer, said it has extended the term of some of its publicly traded warrants. The B warrants, originally set to expire on Wednesday, are now exercisable until June 25, Harmony said. Each warrant entitles the holder to receive for $3.30 one share of Harmony common stock and a C warrant. Each C warrant can be exchanged at $3.65 for one share of common stock until Jan. 28, 1994. Harmony, which recently raised $1.
BUSINESS
April 6, 1993
Harmony Holdings Inc., a Burbank television commercial producer, said it raised $1.6 million from the exercise of some restructured and newly created warrants. It said it would use the funds to support the growth of its existing business and to expand through a start-up, merger or acquisition. Harmony also said Tara McCarthy has joined it as chief operating officer. McCarthy has worked for several other firms as an executive and commercial producer.
BUSINESS
February 16, 1993
Harmony Holdings Inc., a start-up producer of television commercials and other programming, posted a fiscal second-quarter loss of $372,636, compared with a year-earlier loss of $398,001. The latest loss in the three months ended Dec. 31 came despite a near doubling of the Burbank company's revenue, to $6.1 million from $3.1 million a year ago.
BUSINESS
February 9, 1993
Harmony Holdings, a producer of television commercials and the music used in them, has started a division that will concentrate on animation, mixed media and special effects for commercials. The Burbank-based company said its new division, Curious Pictures, will be based in New York and run by animator Steve Oakes. Oakes has directed commercials featuring such characters as the Pillsbury Doughboy and the Trix cereal rabbit.
BUSINESS
December 27, 1994
Harmony Holdings Inc., a Burbank-based producer of special-effect television commercials and music videos, said the company's chairman, Harvey Bibicoff, has purchased 950,000 shares of Harmony common stock at $2.10 per share. Bibicoff said he bought the shares from Ventura Entertainment Group Ltd., which acquired Harmony four years ago but recently decided to sell its Harmony stock. Bibicoff's purchase gives him 17% of the 5.5 million common shares of Harmony outstanding.
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