OTHER NEWS - Oct. 1, 1994
From Times Staff and Wire Reports
Producers Entertainment Group Losses Widen: The Beverly Hills-based TV production company, which produces the CBS sitcom “Dave’s World,” reported losses of $5.4 million on revenue of $10.7 million for the fiscal year ended June 30. PEG said losses stemmed in part from non-cash charges, write-downs and amortization of film costs totaling $4.5 million. In the previous year, PEG lost $4.2 million. The company said its fiscal 1993 losses were restated to reflect the purchase of DSL Productions.
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