Harmony Shows Profit on $5 Million in Revenue
- Share via
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.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
