Exhibit 99.5

Office of the United States Trustee

In re:	DEBTOR IN POSSESSION INTERIM STATEMENT
The Kushner-Locke Company			Page 1 of 3
Chapter 11	Statement Number:	38
Case No. LA 01-44828-SB (Administratively Consolidated with	For the Period FROM:	12/1/2004
Case Nos. LA 01-44829-SB through LA 01-44831-SB; LA 01- 44833-	TO:	12/31/2004
SB through LA 01-44838-SB; and LA 01-44841-SB)

CASH ACTIVITY ANALYSIS (Cash Basis Only)	Collateral		Concentration
	Account		Account
Balance before Statement #1		268,333.21		65,956.21
A. Total Receipts per all Prior Interim Statements		6,268,576.95		4,908,666.40
B. Less: Total Disbursements per all Prior Statements		5,140,903.55		4,911,511.28
C. Beginning Balance	$	1,396,006.61	$	63,111.33
D. Receipts during Current Period
Description
12/7/2004       Daro		46,536.47
12/8/2004       Wire Transfer				60,000.00
12/9/2004       Flextech Rights LTD		41,480.00
12/14/2004      Court TV		92,500.00
12/22/2004      Wire Transfer				55,000.00
12/31/2004      interest		2,418.46
TOTAL RECEIPTS THIS PERIOD		182,934.93		115,000.00		—		—
E. Balance Available (C plus D)	$	1,578,941.54	$	178,111.33	$	—	$	—

DEBTOR IN POSSESSION INTERIM STATEMENT NO: 38 Page 2 of 3     

F. Less: Disbursements during Current Period:
Date	Check No.	Payee/Purpose
12/3/2004		ADP Fees				254.48
12/7/2004		ADP Taxes				9593.47
12/7/2004	8142	Payroll				1019.11
12/7/2004	8143	Payroll				12480.76
12/7/2004	8144	Payroll				1351.58
12/7/2004	8145	Payroll				2420.67
12/8/2004		Wire Transfer		60,000.00
12/8/2004	38108	Accurate Express				18.80
12/8/2004	38109	Bonded Services, Inc				6598.72
12/8/2004	38110	Eagle				186.31
12/8/2004	38111	Qwest Communications				49.24
12/15/2004	38112	Brandon & Morner-Ritt				22429.99
12/15/2004	38113	Federal Express				85.31
12/17/2004		ADP Fees				117.24
12/21/2004	38114	Point 360				364.00
12/21/2004		ADP Taxes				10974.12
12/21/2004	8146	Payroll				1019.09
12/21/2004	8147	Payroll				14067.56
12/21/2004	8148	Payroll				1351.58
12/21/2004	8149	Payroll				2420.66
12/22/2004		Wire Transfer		55,000.00
12/23/2004	38115	New Beginnings Enterprises				3802.00
12/23/2004	38116	Strategic Law Partners, LLP				13109.00
12/23/2004	38117	Health Net				2693.16
12/23/2004	38118	City Of Beverly Hills				411.73
12/23/2004	38119	Two Easily Amused				2768.65
12/23/2004	38120	Recall				881.42
12/23/2004	38121	Blue Shield of California				316.00
12/23/2004	38122	Arrowhead				39.54
12/23/2004	38123	Doniger & Fetter				123.49
12/23/2004	38124	KEREN AMINIA				1189.07
12/31/2004		ADP Fees				254.48
TOTAL DISBURSEMENTS THIS PERIOD:				115,000.00		112,391.23		—		—
G. Ending Balance (E less F)			$	1,463,941.54	$	65,720.10	$	—	$	—

DEBTOR IN POSSESSION INTERIM STATEMENT NO: 38 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	1891215236	$	731.10
Bank of Scotland - Pinocchio	3516309		860,698.93	Pound Sterling	Time Deposit
Bank of Scotland - Basil	3516317		211,746.53	Pound Sterling	Time Deposit (KL’ s interest is 50%)
Allied Pinocchio	10747301		382.86	Pound Sterling
Edge Entertainment	1891152710	$	172.89
European Films LTD	1890563818	$	7,051.58

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	$	16,890.04
BLT Venture	16-524173-1101	$	330.45
KL MDP Sensation	60-066-930	$	17,709.61
KL\7 Venture	1890-69-6360	$	11,933.37
Denial Venture	1890-69-6501	$	42,479.85
Cracker LLC	1891-04-1665	$	732.79
Swing	323-518095	$	6,957.50

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 Neuhauser

Debtor in Possession