exv99w5

Exhibit 99.5

Office of the United States Trustee

In re:

DEBTOR IN POSSESSION INTERIM STATEMENT

The Kushner-Locke Company

Page 1 of 3

Statement Number:

Chapter 11

For the Period FROM:

12/1/2007

Case No. LA 01-44828-SB (Administratively Consolidated with

TO:

12/31/2007

Case Nos. LA 01-44829-SB through LA 01-44831-SB; LA 01- 44833-SB through LA 01-44836-SB; and LA 01-44841-SB)

CASH ACTIVITY ANALYSIS (Cash Basis Only)


		Collateral		Concentration		City National
		Account		Account		Collection Account
Balance before Statement #1		$	268,333.21	$	65,956.21

A. Total Receipts per all Prior Interim Statements		$	10,767,081.11	$	9,337,049.19	$	1,106,826.82

B. Less: Total Disbursements per all Prior Statements		$	9,782,663.18	$	9,326,060.72	$	21,640.52

C. Beginning Balance		$	1,252,751.14	$	76,944.68	$	1,085,186.30

D. Receipts during Current Period
Description
12/06/2007	S Gold (Blackhorse)					$	5,975.00
12/06/2007	Wire Transfer			$	45,000.00
12/10/2007	AB Svensk	$	635.83
12/19/2007	Starz	$	9.58
12/19/2007	Second Image	$	15.00
12/19/2007	State of California	$	17,701.80
12/19/2007	Wire Transfer			$	75,000.00
12/24/2007	German Tax Board	$	91,068.63
12/31/2007	interest	$	4,401.87

TOTAL RECEIPTS THIS PERIOD		$	113,832.71	$	120,000.00	$	5,975.00		—

E. Balance Available (C plus D)		$	1,366,583.85	$	196,944.68	$	1,091,161.30	$	—


DEBTOR IN POSSESSION INTERIM STATEMENT NO: 74		Page 2 of 3


F. Less: Disbursements during Current Period:

Date	Check No.	Payee/Purpose
12/04/2007	8466	Payroll			$	1,357.47
12/04/2007	8467	Payroll			$	6,423.20
12/04/2007	8468	Payroll			$	1,628.88
12/04/2007	8469	Payroll			$	2,910.11
12/04/2007	Wire	Payroll Tax			$	2,177.30
12/04/2007	Wire	Payroll Tax			$	2,707.30
12/06/2007	Wire	Wire Transfer	$	45,000.00
12/07/2007	1051	Accurate Express			$	20.70
12/07/2007	1052	Bowne of Los Angeles			$	699.00
12/07/2007	1053	Point 360			$	1,440.00
12/07/2007	1054	Stutman Treister & Glatt			$	8,602.07
12/07/2007	Wire	ADP			$	120.94
12/14/2007	1055	Franchise Tax Board			$	6,400.00
12/14/2007	1056	ITE Solutions			$	575.00
12/14/2007	1057	Franchise Tax Board			$	800.00
12/14/2007	1058	Franchise Tax Board			$	800.00
12/14/2007	1059	Franchise Tax Board			$	800.00
12/14/2007	1060	Franchise Tax Board			$	26.00
12/14/2007	1061	Franchise Tax Board			$	26.00
12/14/2007	Wire	ADP			$	120.94
12/17/2007	wire	Comerica Bank			$	220.83
12/18/2007	8470	Payroll			$	1,357.45
12/18/2007	8471	Payroll			$	8,054.45
12/18/2007	8472	Payroll			$	1,628.86
12/18/2007	8473	Payroll			$	2,910.11
12/18/2007	wire	Payroll Tax			$	4,018.10
12/18/2007	Wire	Payroll Tax			$	2,177.34
12/19/2007	Wire	Wire Transfer	$	75,000.00
12/20/2007	1062	Alice Neuhauser			$	346.70
12/20/2007	1063	Arrowhead			$	19.22
12/20/2007	1064	Brandon & Morner-Ritt			$	3,674.17
12/20/2007	1065	Clumeck Stern Schenkelberg & Getzoff			$	3,168.00
12/20/2007	1066	FilmPool Inc.			$	75.00
12/20/2007	1067	Recall			$	918.39
12/20/2007	1068	USI			$	2,230.00
12/20/2007	1069	Blue Shield			$	387.00
12/20/2007	1070	Health Net			$	4,644.70
12/20/2007	8474	Payroll			$	1,357.46
12/20/2007	8475	Payroll			$	5,830.79
12/20/2007	8476	Payroll			$	1,628.87
12/20/2007	8477	Payroll			$	3,065.12
12/20/2007	Wire	Payroll Tax			$	2,285.21
12/20/2007	Wire	Payroll Tax			$	1,867.30
12/21/2007	1071	Accurate Express			$	39.10
12/21/2007	1072	Keren Aminia			$	923.88
12/28/2007	Wire	ADP			$	433.56
12/31/2007	Wire	Control Agreement Fee					$	50.00

TOTAL DISBURSEMENTS THIS PERIOD:			$	120,000.00	$	90,896.52	$	50.00		—

G. Ending Balance (E less F)			$	1,246,583.85	$	106,048.16	$	1,091,111.30	$	—


DEBTOR IN POSSESSION INTERIM STATEMENT NO: 74		Page 3 of 3


H. (1) Collateral Account:
a) Depository Name and Location:	Chase Bank 1 Chase Manhattan Plaza, New York, NY 10081
b) Account Number:		323221556
(2) Concentration Account:
a) Depository Name and Location:	Comerica Bank 10900 Wilshire Blvd, Los Angeles, CA 90024
b) Account Number:		1891935460

I: Other monies on hand:

The Kushner Locke Company PWI account			$	731.10
Bank of Scotland — Pinocchio		936582	£	213,577.55	Pound Sterling	Time Deposit
Bank of Scotland — Basil		936582	£	238,115.51	Pound Sterling	Time Deposit (KL’ s interest is 50%)
Allied Pinocchio		10747301	$	—	Pound Sterling
Edge Entertainment		1891152710	$	172.89

I: Other monies on hand (continued):

Additionally, the Company maintains a minimal amount of Petty Cash (less than $500).

Joint Venture Accounts:
BLT Venture		178-71491-7	$	95,381.96
BLT Venture		16-524173-1101	$	330.45
KL MDP Sensation		60-066-930	$	—
KL\7 Venture		1890-69-6360	$	31,254.28
Denial Venture		1890-69-6501	$	239,600.05
Cracker LLC		1891-04-1665	$	732.79
Swing		323-518095	$	12,651.13

I, Alice Neuhauser, declare under penalty of perjury that the information contained in the above Debtor in Possession Interim Statement is true and correct to the best of my knowledge.


		/s/ Alice P. Neuhauser
		Debtor in Possession