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Harmony Pictures Inc

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BUSINESS
June 25, 1991
Harmony Pictures Inc., a wholly owned subsidiary of Ventura Entertainment Group Ltd. in North Hollywood, said it hopes to raise $3.15 million by selling 32% of the company in an initial offering of stock to the public. Harmony, which produces television commercials, plans an initial public offering of 525,000 units at $6 apiece. Each unit will consist of two shares of common stock and a two-year warrant with an exercise price of $4.
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BUSINESS
April 8, 1997 | Marla Matzer
TV commercial producer Harmony Pictures is moving into feature film production via an international distribution agreement with Hit Entertainment, a 2-year-old independent production and foreign distribution company. Los Angeles-based Harmony will produce six films over the next three years, budgeted at $5 million each or less and financed primarily by Hit, which also is based in Los Angeles.
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BUSINESS
April 8, 1997 | Marla Matzer
TV commercial producer Harmony Pictures is moving into feature film production via an international distribution agreement with Hit Entertainment, a 2-year-old independent production and foreign distribution company. Los Angeles-based Harmony will produce six films over the next three years, budgeted at $5 million each or less and financed primarily by Hit, which also is based in Los Angeles.
BUSINESS
June 25, 1991
Harmony Pictures Inc., a wholly owned subsidiary of Ventura Entertainment Group Ltd. in North Hollywood, said it hopes to raise $3.15 million by selling 32% of the company in an initial offering of stock to the public. Harmony, which produces television commercials, plans an initial public offering of 525,000 units at $6 apiece. Each unit will consist of two shares of common stock and a two-year warrant with an exercise price of $4.
BUSINESS
December 26, 1989
Ventura Entertainment Group Ltd. in North Hollywood agreed to acquire Harmony Pictures Inc. for an undisclosed amount of cash and stock. Ventura develops and produces movies and television shows. Harmony makes TV commercials. The co-founders of Harmony, Stuart Gross and Robert Lieberman, will continue to operate Harmony and join Ventura's board after the deal is completed, which is expected in February, Ventura said.
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