8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report: November 17, 2008

THE KUSHNER-LOCKE COMPANY

(Exact name of registrant as specified in its charter)

California
(State or other jurisdiction
of incorporation) 0-17295
(Commission File Number) 95-4079057
(IRS Employer
Identification No.)

280 South Beverly Drive, Suite 205, Beverly Hills, California
(Address of principal executive offices) 90212
(Zip Code)

Registrant’s telephone number, including area code: (310) 275-7505

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

     As previously disclosed in its Current Report on Form 8-K filed on November 21, 2001, and the Registrant’s Form 12b-25 filed on January 2, 2002, The Kushner-Locke Company, a California corporation (the “Registrant”), and certain of its wholly-owned subsidiaries (collectively, the “Debtors”), filed on November 21, 2001, voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code. The Debtors’ Chapter 11 cases are currently pending before the United States Bankruptcy Court for the Central District of California, Los Angeles Division (the “Bankruptcy Court”) and are being jointly administered under Case No. LA-01-44828-SB.

     The Registrant’s unaudited monthly operating reports and monthly interim statements required by the Bankruptcy Court for June 2008 — September 2008 are provided in this Current Report on Form 8-K. The operating reports and interim statements have been duly filed by the Registrant with the Bankruptcy Court.

     THE OPERATING REPORTS AND THE INTERIM STATEMENTS CONTAIN FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION THAT HAVE NOT BEEN AUDITED OR REVIEWED BY INDEPENDENT ACCOUNTANTS, ARE NOT PRESENTED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, AND MAY BE SUBJECT TO FUTURE RECONCILIATION OR ADJUSTMENTS. THE OPERATING REPORTS AND INTERIM STATEMENTS MAY ALSO CONTAIN INFORMATION FOR PERIODS THAT ARE SHORTER OR OTHERWISE DIFFERENT FROM THOSE CONTAINED IN THE REGISTRANT’S REPORTS REQUIRED TO BE MADE PURSUANT TO THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.

     THE REGISTRANT MAKES NO REPRESENTATIONS OR WARRANTIES WHATSOEVER AS TO ANY OF THE INFORMATION CONTAINED IN THE OPERATING REPORTS OR THE INTERIM STATEMENTS. FOR THESE REASONS, THE REGISTRANT CAUTIONS READERS NOT TO PLACE UNDUE RELIANCE UPON THE INFORMATION CONTAINED IN THE OPERATING REPORTS OR THE INTERIM STATEMENTS. THE OPERATING REPORTS AND INTERIM STATEMENTS ARE BEING PROVIDED SOLELY FOR INFORMATION PURPOSES; THEY WERE NOT PREPARED FOR THE PURPOSE OF PROVIDING THE BASIS FOR AN INVESTMENT DECISION RELATING TO THE SECURITIES OF THE REGISTRANT.

Item 9.01. Financial Statements and Exhibits.

(a)	Financial Statements of Business Acquired.
	Not Applicable.
(b)	Pro Forma Financial Information.
	Not Applicable.
(c)	Exhibits.

Exhibit 99.1. Monthly Interim Statement of The Kushner-Locke Company (the “Registrant”) for the calendar month from June 1, 2008 to June 30, 2008.

Exhibit 99.2. Monthly Operating Report of the Registrant for the calendar month from June 1, 2008 to June 30, 2008.

Exhibit 99.3. Monthly Interim Statement of the Registrant for the calendar month from July 1, 2008 to July 31, 2008.

Exhibit 99.4. Monthly Operating Report of the Registrant for the calendar month from July 1, 2008 to July 31, 2008.

Exhibit 99.5. Monthly Interim Statement of the Registrant for the calendar month from August 1, 2008 to August 31, 2008.

Exhibit 99.6. Monthly Operating Report of the Registrant for the calendar month from August 1, 2008 to August 31, 2008.

Exhibit 99.7. Monthly Interim Statement of the Registrant for the calendar month from September 1, 2008 to September 30, 2008.

Exhibit 99.8. Monthly Operating Report of the Registrant for the calendar month from September 1, 2008 to September 30, 2008.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: November 17, 2008	THE KUSHNER-LOCKE COMPANY
	By:	/S/ ALICE P. NEUHAUSER
		Alice P. Neuhauser
		Responsible Officer

EX-99.1

Exhibit 99.1

Office of the United States Trustee

In re:	DEBTOR IN POSSESSION INTERIM STATEMENT
The Kushner-Locke Company			Page 1 of 3
	Statement Number:	80
Chapter 11	For the Period FROM:	6/1/2008
Case No. LA 01-44828-SB (Substantively Consolidated with	TO:	6/30/2008
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)

		Collateral		Concentration		City National
CASH ACTIVITY ANALYSIS (Cash Basis Only)		Account		Account		Collection Account
Balance before Statement #1		$	268,333.21	$	65,956.21
A. Total Receipts per all Prior Interim Statements		$	11,352,878.60	$	9,978,468.63	$	1,154,529.55
B. Less: Total Disbursements per all Prior Statements		$	10,354,188.28	$	9,831,252.23	$	24,734.05
C. Beginning Balance		$	1,267,023.53	$	213,172.61	$	1,129,795.50
D. Receipts during Current Period
Description
06/02/2008	Vision Films					$	43,631.92
06/02/2008	Daro	$	23,220.01
06/09/2008	State of California	$	3,152.02
06/11/2008	Tanya Miller			$	732.44
06/16/2008	Lifetime			$	1,500.00
06/18/2008	Wire Transfer			$	40,000.00
06/30/2008	interest	$	2,039.61
TOTAL RECEIPTS THIS PERIOD		$	28,411.64	$	42,232.44	$	43,631.92		—
E. Balance Available (C plus D)		$	1,295,435.17	$	255,405.05	$	1,173,427.42	$	—

DEBTOR IN POSSESSION INTERIM STATEMENT NO: 80 Page 2 of 3

F. Less: Disbursements during Current Period:

Date	Check No.	Payee/Purpose
06/06/2008	Wire	ADP Fees				119.72
06/12/2008	Wire	Comerica Bank Fee				35.00
06/13/2008	Wire	ADP Fees				30.00
06/17/2008	Wire	Payroll Tax				4,775.92
06/17/2008	8517	Payroll				1,358.57
06/17/2008	8518	Payroll				6,892.70
06/17/2008	8519	Payroll				2,893.11
06/17/2008	1211	Franchise Tax Board				3,160.00
06/17/2008	1212	Arrowhead				22.97
06/17/2008	1213	Federal Express				99.20
06/17/2008	1214	Franchise Tax Board				1,790.00
06/17/2008	1215	New Wave Entertainment				63.00
06/17/2008	1216	Recall				970.63
06/17/2008	1217	Secretary of State				25.00
06/17/2008	1218	Xerox				20.83
06/18/2008	Wire	Wire Tansfer	$	40,000.00
06/20/2008	Wire	IMEC					$	7,833.00
06/26/2008	Wire	JP Morgan Lewis	$	11,053.22
06/27/2008	Wire	ADP Fees				162.96
06/27/2008	1219	AT & T				252.52
06/27/2008	1220	Bowne of Los Angeles				428.00
06/27/2008	1221	Brandon & Morner-Ritt				1,678.60
06/27/2008	1222	Franchise Tax Board				107.30
06/27/2008	1223	ITE Solutions				947.50
06/27/2008	1224	Kevin Marino				88.74
06/27/2008	1225	Stutman Treister & Glatt				27,559.25
06/27/2008	1226	AT & T				78.48
06/30/2008	Wire	Payroll Tax				5,352.20
06/30/2008	8520	Payroll				1,358.59
06/30/2008	8521	Payroll				7,609.90
06/30/2008	8522	Payroll				2,893.10
06/30/2008	Wire	Control Agreement Fee					$	50.00
TOTAL DISBUR SEMENTS THIS PERIOD:			$	51,053.22	$	70,773.79	$	7,883.00		—
G. Ending Balance (E less F)			$	1,244,381.95	$	184,631.26	$	1,165,544.42	$	—

DEBTOR IN POSSESSION INTERIM STATEMENT NO: 80 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	£	216,227.96	Pound Sterling	Time Deposit
Bank of Scotland — Basil	936582	£	242,844.78	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	$	33,305.33
Denial Venture	1890-69-6501	$	240,960.42
Cracker LLC	1891-04-1665	$	15,475.06
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.

Debtor in Possession

EX-99.2

Exhibit 99.2

Office of the United States Trustee

In re:	DEBTOR IN POSSESSION OPERATING REPORT
The Kushner-Locke Company			Page 1 of 2
	Report Number:	80
Chapter 11	For the Period FROM:	6/1/2008
Case No. LA 01-44828-SB (Administratively Consolidated with	TO:	6/30/2008
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)

1 Profit and Loss Statement (Accrual Basis Only)

A. Related to Business Operations
Gross Sales		$	—
Costs Related to Revenues (Film Cost Amortization)
Gross Profit					—
Less: Operating Expenses
Officer Compensation	20,825
Salaries and Wages — Other Employees	11,154
Total Salaries and Wages			31,979
Employee Benefits and Pensions			—
Employer Payroll Taxes/Fees	1,468
Other Taxes	5,057
Total Taxes			6,525
Rent and Lease Expense (including parking)
Distribution/Delivery Expenses	162
Interest Expense
Insurance
Automobile Expense/Mileage
Utilities (incl. Phone, phone equipment, internet)	1,279
Depreciation and Amortization
Business Equipment Leases
Business Expense reimbursement	89
Storage Expense	971
Supplies, Office Expenses, Photocopies, etc.	23
Bad Debts
Miscellaneous Operating Expenses	8,392
Total Operating Expenses			49,419
Net Gain/Loss from Business Operations					(49,419	)
B. Not related to Business Operations
Income
Interest Income
Other Non-Operating Revenues			—
Gross Proceeds on Sale of Assets
Less: Original Cost of Assets plus expenses of sale
Net Gain/Loss on Sale of Assets			—
Total Non-Operating Income					—
Expenses Not Related to Business Operations
Legal and Professional Service Fees			40,291
Other Non-Operating Expenses (Board/Trustee fees)
Total Non-Operating Expenses					40,291
NET INCOME/(LOSS) FOR PERIOD				$	(89,710	)

DEBTOR IN POSSESSION OPERATING REPORT NO: 80 Page 2 of 2

2 Aging of Accounts Payable and Accounts Receivable (exclude prepetition accounts payable):

	Accounts		Accounts
	Payable		Receivable
Current Under 30 days				—
Overdue 31-60 days		—		—
Overdue 61-90 days		—
Overdue 91-120 days		—
Overdue Over 121 days		—
Due in the Future		—		876,833
TOTAL		—		876,833

3 Statement of Status of Payments to Secured Creditors and Lessors:

     No payments to Secured Creditors or Lessors were paid or payable during the reporting period.

4 Tax Liability

     No tax payments were paid or payable during the reporting period other than payroll taxes shown above.

5 Insurance Coverage

	Carrier/	Amount of		Policy		Premium Paid
	Agent Name	Coverage		Expiration Date		Through Date
Worker’s Compensation (RENEWED)	St. Paul		1,000,000		1/14/2009		1/14/2009
Commercial Property (RENEWED)	St. Paul		2,000,000		2/14/2009		2/14/2009
Errors & Omissions — Library (RENEWED)	St. Paul		3,000,000		3/3/2009		3/3/2009

6 Questions:

A. Has the Debtor in Possession provided compensation to any officers, directors, shareholders, or other principals without the approval of the Office of the United States Trustee?
o Yes     Explain:
þ No

B. Has the Debtor in Possession, subsequent to the filing of the petition, made any payments on its prepetition unsecured debt, except as authorized by the Court?
o Yes     Explain:
þ No

7 Statement on Unpaid Professional Fees (Postpetition Amounts Only)

Total unpaid post-petition Professional Fees during the reporting period: $51,413.93

8 Narrative Report of Significant Events and Events out of the Ordinary Course of Business:

     None.

9 Quarterly Fees:

     Paid

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.

Debtor in Possession 

EX-99.3

Exhibit 99.3

Office of the United States Trustee

In re:	DEBTOR IN POSSESSION INTERIM STATEMENT
The Kushner-Locke Company			Page 1 of 3
	Statement Number:	81
Chapter 11	For the Period FROM:	7/1/2008
Case No. LA 01-44828-SB (Substantively Consolidated with	TO:	7/31/2008
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	$	11,381,290.24	$	10,020,701.07	$	1,198,161.47
B. Less: Total Disbursements per all Prior Statements	$	10,405,241.50	$	9,902,026.02	$	32,617.05
C. Beginning Balance	$	1,244,381.95	$	184,631.26	$	1,165,544.42
D. Receipts during Current Period

Description
07/02/2008	CRM			$	125.00
07/03/2008	Wire Transfer			$	35,000.00
07/17/2008	Wire Transfer			$	25,000.00
07/18/2008	Hamdon Ent	$	3,272.00
07/25/2008	Tanya Miller			$	732.44
07/31/2008	interest	$	1,986.58
TOTAL RECEIPTS THIS PERIOD		$	5,258.58	$	60,857.44	$	—		—
E. Balance Available (C plus D)		$	1,249,640.53	$	245,488.70	$	1,165,544.42	$	—

DEBTOR IN POSSESSION INTERIM STATEMENT NO: 81 Page 2 of 3

F. Less: Disbursements during Current Period:

Date	Check No.	Payee/Purpose
07/03/2008	Wire	ADP				82.96
07/03/2008	Wire	Wire Transfer	$	35,000.00
07/15/2008	Wire	ADP				4,487.78
07/15/2008	1227	Secretary of State				25.00
07/15/2008	1228	Alice Neuhauser				635.56
07/15/2008	1229	Federal Express				68.16
07/15/2008	1230	New Wave Entertainment				300.00
07/15/2008	1231	Parking Management Group				125.00
07/15/2008	1232	Recall				918.39
07/15/2008	1233	Secretary of State				25.00
07/15/2008	1234	Xerox				20.83
07/15/2008	8523	Payroll				1,358.58
07/15/2008	8524	Payroll				6,534.10
07/15/2008	8525	Payroll				2,893.10
07/17/2008	Wire	Wire Transfer	$	25,000.00
07/18/2008	Wire	ADP				20.00
07/25/2008	Wire	ADP				253.11
07/25/2008	1235	Arrowhead				23.85
07/25/2008	1236	Federal Express				26.05
07/25/2008	1237	New Beginnings Enterprises				4,720.30
07/30/2008	Wire	ADP				5,688.39
07/30/2008	8526	Payroll				1,358.58
07/30/2008	8527	Payroll				8,028.25
07/30/2008	8528	Payroll				2,893.10
07/31/2008	Wire	City National Bank						50.00
TOTAL DISBURSEMENTS THIS PERIOD:			$	60,000.00	$	40,486.09	$	50.00		—
G. Ending Balance (E less F)			$	1,189,640.53	$	205,002.61	$	1,165,494.42	$	—

DEBTOR IN POSSESSION INTERIM STATEMENT NO: 81 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	£	216,925.81	Pound Sterling	Time Deposit
Bank of Scotland — Basil	936582	£	243,628.54	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	$	33,312.38
Denial Venture	1890-69-6501	$	241,031.85
Cracker LLC	1891-04-1665	$	15,475.06
Swing	323-518095	$	11,951.13

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.

Debtor in Possession
 

EX-99.4

Exhibit 99.4

Office of the United States Trustee

In re:	DEBTOR IN POSSESSION OPERATING REPORT
The Kushner-Locke Company			Page 1 of 2
	Report Number:	81
Chapter 11	For the Period FROM:	7/1/2008
Case No. LA 01-44828-SB (Substantively Consolidated with	TO:	7/31/2008
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)

1 Profit and Loss Statement (Accrual Basis Only)

A. Related to Business Operations
Gross Sales		$	—
Costs Related to Revenues (Film Cost Amortization)
Gross Profit					—
Less: Operating Expenses
Officer Compensation	20,931
Salaries and Wages — Other Employees	11,154
Total Salaries and Wages			32,085
Employee Benefits and Pensions
Employer Payroll Taxes/Fees	1,513
Other Taxes
Total Taxes			1,513
Rent and Lease Expense (including parking)	4,845
Distribution/Delivery Expenses	394
Interest Expense
Insurance
Automobile Expense/Mileage
Utilities (incl. Phone, phone equipment, internet)
Depreciation and Amortization
Business Equipment Leases
Business Expense reimbursement
Storage Expense	636
Storage Expense	918
Supplies, Office Expenses, Photocopies, etc.	45
Bad Debts
Miscellaneous Operating Expenses	100
Total Operating Expenses			40,536
Net Gain/Loss from Business Operations					(40,536	)
B. Not related to Business Operations
Income
Interest Income
Other Non-Operating Revenues			—
Gross Proceeds on Sale of Assets
Less: Original Cost of Assets plus expenses of sale
Net Gain/Loss on Sale of Assets			—
Total Non-Operating Income					—
Expenses Not Related to Business Operations
Legal and Professional Service Fees
Other Non-Operating Expenses (Board/Trustee fees)
Total Non-Operating Expenses					—
NET INCOME/(LOSS) FOR PERIOD				$	(40,536	)

DEBTOR IN POSSESSION OPERATING REPORT NO: 81 Page 2 of 2

2 Aging of Accounts Payable and Accounts Receivable (exclude prepetition accounts payable):

	Accounts		Accounts
	Payable		Receivable
Current Under 30 days				—
Overdue 31-60 days		—		—
Overdue 61-90 days		—
Overdue 91-120 days		—
Overdue Over 121 days		—
Due in the Future		—		864,833
TOTAL		—		864,833

3 Statement of Status of Payments to Secured Creditors and Lessors:

     No payments to Secured Creditors or Lessors were paid or payable during the reporting period.

4 Tax Liability

     No tax payments were paid or payable during the reporting period other than payroll taxes shown above.

5 Insurance Coverage

	Carrier/	Amount of		Policy		Premium Paid
	Agent Name	Coverage		Expiration Date		Through Date
Worker’s Compensation (RENEWED)	St. Paul		1,000,000		1/14/2009		1/14/2009
Commercial Property (RENEWED)	St. Paul		2,000,000		2/14/2009		2/14/2009
Errors & Omissions — Library (RENEWED)	St. Paul		3,000,000		3/3/2009		3/3/2009

6 Questions:

A. Has the Debtor in Possession provided compensation to any officers, directors, shareholders, or other principals without the approval of the Office of the United States Trustee?
o Yes     Explain:
þ No

B. Has the Debtor in Possession, subsequent to the filing of the petition, made any payments on its prepetition unsecured debt, except as authorized by the Court?
o Yes     Explain:
þ No

7 Statement on Unpaid Professional Fees (Postpetition Amounts Only)

Total unpaid post-petition Professional Fees during the reporting period: $ 56,836.73

8 Narrative Report of Significant Events and Events out of the Ordinary Course of Business:

     None.

9 Quarterly Fees:

     Paid

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.

Debtor in Possession 

EX-99.5

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:	82
Chapter 11	For the Period FROM:	8/1/2008
Case No. LA 01-44828-SB (Substantively Consolidated with	TO:	8/31/2008
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		$	11,386,548.82	$	10,081,558.51	$	1,198,161.47
B. Less: Total Disbursements per all Prior Statements		$	10,465,241.50	$	9,942,512.11	$	32,667.05
C. Beginning Balance		$	1,189,640.53	$	205,002.61	$	1,165,494.42
D. Receipts during Current Period
Description
08/01/2008	Wire Transfer			$	35,000.00
08/06/2008	Vision Films					$	31,415.16
08/14/2008	Wire Transfer			$	45,000.00
08/22/2008	Compact Collections	$	33,811.10
08/28/2008	Wire Transfer			$	25,000.00
08/29/2008	interest	$	1,767.27
TOTAL RECEIPTS THIS PERIOD		$	35,578.37	$	105,000.00	$	31,415.16		—
E. Balance Available (C plus D)		$	1,225,218.90	$	310,002.61	$	1,196,909.58	$	—

DEBTOR IN POSSESSION INTERIM STATEMENT NO: 82 Page 2 of 3

F. Less: Disbursements during Current Period:

Date	Check No.	Payee/Purpose
Wire	08/01/2008	ADP			$	15.00
Wire	08/01/2008	Wire Transfer	$	35,000.00
Wire	08/08/2008	ADP			$	82.96
1238	08/08/2008	AT & T			$	269.84
1239	08/08/2008	Bonded Services			$	6,393.88
1240	08/08/2008	Brandon & Morner-Ritt			$	14,937.62
1241	08/08/2008	Stutman Treister & Glatt			$	6,195.03
1242	08/08/2008	AT & T			$	83.17
1243	08/08/2008	Xerox			$	20.83
Wire	08/11/2008	ADP			$	5,160.12
8529	08/12/2008	Payroll			$	1,358.58
8530	08/12/2008	Payroll			$	7,370.83
8531	08/12/2008	Payroll			$	2,893.10
Wire	08/14/2008	Wire Transfer	$	45,000.00
Wire	08/15/2008	ADP			$	102.96
1244	08/15/2008	Hollywood Creative Directory			$	249.95
1245	08/15/2008	Kevin Marino			$	520.97
1246	08/15/2008	Point 360			$	3,986.40
1247	08/15/2008	Recall			$	1,055.88
1248	08/22/2008	Alice Neuhauser			$	394.23
1249	08/22/2008	Arrowhead			$	23.93
1250	08/22/2008	Blue Shield			$	293.00
1251	08/22/2008	Health Net			$	4,524.12
1252	08/22/2008	New Beginnings Enterprises			$	4,720.30
Wire	08/26/2008	ADP			$	5,064.09
8532	08/26/2008	Payroll			$	1,358.57
8533	08/26/2008	Payroll			$	7,251.29
8534	08/26/2008	Payroll			$	2,893.10
1253	08/28/2008	AT & T			$	83.15
1254	08/28/2008	Kevin Marino			$	251.10
1255	08/28/2008	New Wave Entertainment			$	1,825.00
1256	08/28/2008	Personnel Concepts			$	37.37
1257	08/28/2008	AT & T			$	264.16
Wire	08/28/2008	Wire Transfer	$	25,000.00
Wire	08/29/2008	ADP			$	98.58
Wire	08/29/2008	City National Bank					$	50.00
TOTAL DISBURSEMENTS THIS PERIOD:			$	105,000.00	$	79,779.11	$	50.00		—
G. Ending Balance (E less F)			$	1,120,218.90	$	230,223.50	$	1,196,859.58	$	—

DEBTOR IN POSSESSION INTERIM STATEMENT NO: 82 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	£	217,580.75	Pound Sterling	Time Deposit
Bank of Scotland — Basil	936582	£	244,364.10	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	$	32,619.35
Denial Venture	1890-69-6501	$	240,403.18
Cracker LLC	1891-04-1665	$	15,475.06
Swing	323-518095	$	11,951.13

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.

Debtor in Possession 

EX-99.6

Exhibit 99.6

Office of the United States Trustee

In re:	DEBTOR IN POSSESSION OPERATING REPORT
The Kushner-Locke Company			Page 1 of 2
	Report Number:	82
Chapter 11	For the Period FROM:	8/1/2008
Case No. LA 01-44828-SB (Substantively Consolidated with	TO:	8/31/2008
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)

1 Profit and Loss Statement (Accrual Basis Only)

A. Related to Business Operations
Gross Sales		$	—				15
Costs Related to Revenues (Film Cost Amortization)
Gross Profit					—
Less: Operating Expenses
Officer Compensation	21,038
Salaries and Wages — Other Employees	11,154
Total Salaries and Wages			32,191
Employee Benefits and Pensions			4,817
Employer Payroll Taxes/Fees	1,458
Other Taxes
Total Taxes			1,458
Rent and Lease Expense (including parking)	4,720
Distribution/Delivery Expenses	5,811
Interest Expense
Insurance
Automobile Expense/Mileage
Utilities (incl. Phone, phone equipment, internet)	745
Depreciation and Amortization
Business Equipment Leases
Business Expense reimbursement	1,166
Storage Expense	7,450
Supplies, Office Expenses, Photocopies, etc.
Bad Debts
Miscellaneous Operating Expenses	337
Total Operating Expenses			58,696
Net Gain/Loss from Business Operations					(58,696	)
B. Not related to Business Operations
Income
Interest Income
Other Non-Operating Revenues			—
Gross Proceeds on Sale of Assets
Less: Original Cost of Assets plus expenses of sale
Net Gain/Loss on Sale of Assets			—
Total Non-Operating Income					—
Expenses Not Related to Business Operations
Legal and Professional Service Fees			21,133
Other Non-Operating Expenses (Board/Trustee fees)
Total Non-Operating Expenses					21,133
NET INCOME/(LOSS) FOR PERIOD				$	(79,829	)

DEBTOR IN POSSESSION OPERATING REPORT NO: 88 Page 2 of 2

2 Aging of Accounts Payable and Accounts Receivable (exclude prepetition accounts payable):

	Accounts		Accounts
	Payable		Receivable
Current Under 30 days				—
Overdue 31-60 days		—		—
Overdue 61-90 days		—
Overdue 91-120 days		—
Overdue Over 121 days		—
Due in the Future		—		864,833
TOTAL		—		864,833

3 Statement of Status of Payments to Secured Creditors and Lessors:

     No payments to Secured Creditors or Lessors were paid or payable during the reporting period.

4 Tax Liability

     No tax payments were paid or payable during the reporting period other than payroll taxes shown above.

5 Insurance Coverage

	Carrier/	Amount of		Policy		Premium Paid
	Agent Name	Coverage		Expiration Date		Through Date
Worker’s Compensation (RENEWED)	St. Paul		1,000,000		1/14/2009		1/14/2009
Commercial Property (RENEWED)	St. Paul		2,000,000		2/14/2009		2/14/2009
Errors & Omissions — Library (RENEWED)	St. Paul		3,000,000		3/3/2009		3/3/2009

6 Questions:

A. Has the Debtor in Possession provided compensation to any officers, directors, shareholders, or other principals without the approval of the Office of the United States Trustee?
o Yes     Explain:
þ No

B. Has the Debtor in Possession, subsequent to the filing of the petition, made any payments on its prepetition unsecured debt, except as authorized by the Court?
o Yes     Explain:
þ No

7 Statement on Unpaid Professional Fees (Postpetition Amounts Only)

Total unpaid post-petition Professional Fees during the reporting period: $ 40,256.64

8 Narrative Report of Significant Events and Events out of the Ordinary Course of Business:

     None.

9 Quarterly Fees:

     Paid

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.

Debtor in Possession 

EX-99.7

Exhibit 99.7

Office of the United States Trustee

In re:	DEBTOR IN POSSESSION INTERIM STATEMENT
The Kushner-Locke Company			Page 1 of 3
	Statement Number:	83
Chapter 11	For the Period FROM:	9/1/2008
Case No. LA 01-44828-SB (Substantively Consolidated with	TO:	9/30/2008
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		$	11,422,127.19	$	10,186,558.51	$	1,229,576.63
B. Less: Total Disbursements per all Prior Statements		$10,570,241.50		$	10,022,291.22	$	32,717.05
C. Beginning Balance		$	1,120,218.90	$	230,223.50	$	1,196,859.58
D. Receipts during Current Period
Description
$39,701.00	Wire Transfer			$	25,000.00
$39,715.00	Wire Transfer			$	25,000.00
$39,721.00	interest	$	1,387.05
TOTAL RECEIPTS THIS PERIOD		$	1,387.05	$	50,000.00	$	—		—
E. Balance Available (C plus D)		$	1,121,605.95	$	280,223.50	$	1,196,859.58	$	—

DEBTOR IN POSSESSION INTERIM STATEMENT NO: 83 Page 2 of 3

F. Less: Disbursements during Current Period:

Date	Check No.	Payee/Purpose
Wire	09/05/2008	ADP			$	165.92
Wire	09/08/2008	ADP			$	3,360.16
8535	09/09/2008	Payroll			$	1,358.59
8536	09/09/2008	Payroll			$	4,859.15
8537	09/09/2008	Payroll			$	2,893.10
Wire	09/10/2008	Wire Transfer	$	25,000.00
Wire	09/12/2008	ADP			$	20.00
1258	09/19/2008	Arrowhead			$	30.92
1259	09/19/2008	Blue Shield			$	293.00
1260	09/19/2008	Bonded Services			$	6,388.84
1261	09/19/2008	Bowne of Los Angeles			$	813.00
1262	09/19/2008	Federal Express			$	168.76
1263	09/19/2008	Kevin Marino			$	1,233.85
1264	09/19/2008	Recall			$	918.39
1265	09/19/2008	Xerox			$	20.83
Wire	09/22/2008	Morgan Lewis &
		Bockius LLP	$	15,461.88
8538	09/23/2008	Payroll			$	1,358.57
8539	09/23/2008	Payroll			$	5,705.17
8540	09/23/2008	Payroll			$	2,893.08
Wire	09/23/2008	ADP			$	3,915.46
Wire	09/24/2008	Wire Transfer	$	25,000.00
1266	09/26/2008	AT & T			$	261.26
1267	09/26/2008	New Beginnings
		Enterprises			$	4,720.30
1268	09/26/2008	AT & T			$	83.16
Wire	09/26/2008	ADP			$	80.00
1269	09/29/2008	Alice Neuhauser			$	729.19
1270	09/29/2008	Brandon & Morner-Ritt			$	5,422.80
1271	09/29/2008	Health Net			$	3,791.68
1272	09/29/2008	Keren Aminia			$	2,000.00
1273	09/29/2008	Kevin Marino			$	1,075.32
1274	09/29/2008	Keren Aminia			$	265.09
Wire	09/29/2008	Transfer KL7					$	7,310.61
Wire	09/29/2008	Transfer Denial					$	3,759.14
Wire	09/29/2008	Transfer Swing					$	1,080.00
Wire	09/30/2008	City National Bank					$	50.00
TOTAL DISBURSEMENTS THIS PERIOD:			$	65,461.88	$	54,825.59	$	12,199.75		—
G. Ending Balance (E less F)			$	1,056,144.07	$	225,397.91	$	1,184,659.83	$	—

DEBTOR IN POSSESSION INTERIM STATEMENT NO: 83 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	£	218,305.63	Pound Sterling	Time Deposit
Bank of Scotland — Basil	936582	£	245,178.20	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	$	39,936.74
Denial Venture	1890-69-6501	$	244,231.36
Cracker LLC	1891-04-1665	$	15,475.06
Swing	323-518095	$	13,031.13

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.

Debtor in Possession

EX-99.8

Exhibit 99.8

Office of the United States Trustee

In re:	DEBTOR IN POSSESSION OPERATING REPORT
The Kushner-Locke Company
	Report Number:	83	Page 1 of 2
Chapter 11	For the Period FROM:	9/1/2008
Case No. LA 01-44828-SB (Substantively Consolidated with	TO:	9/31/2008
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)

1 Profit and Loss Statement (Accrual Basis Only)

A. Related to Business Operations
Gross Sales		$	—				15
Costs Related to Revenues (Film Cost Amortization)
Gross Profit					—
Less: Operating Expenses
Officer Compensation	14,131
Salaries and Wages — Other Employees	11,154
Total Salaries and Wages			25,285
Employee Benefits and Pensions			7,889
Employer Payroll Taxes/Fees	1,324
Other Taxes
Total Taxes			1,324
Rent and Lease Expense (including parking)	4,720
Distribution/Delivery Expenses	169
Interest Expense
Insurance
Automobile Expense/Mileage
Utilities (incl. Phone, phone equipment, internet)	375
Depreciation and Amortization
Business Equipment Leases
Business Expense reimbursement	1,499
Storage Expense	7,307
Supplies, Office Expenses, Photocopies, etc.
Bad Debts
Miscellaneous Operating Expenses	884
Total Operating Expenses			49,453
Net Gain/Loss from Business Operations					(49,453	)
B. Not related to Business Operations
Income
Interest Income
Other Non-Operating Revenues			—
Gross Proceeds on Sale of Assets
Less: Original Cost of Assets plus expenses of sale
Net Gain/Loss on Sale of Assets			—
Total Non-Operating Income					—
Expenses Not Related to Business Operations
Legal and Professional Service Fees			20,885
Other Non-Operating Expenses (Board/Trustee fees)
Total Non-Operating Expenses					20,885
NET INCOME/(LOSS) FOR PERIOD				$	(70,337	)

DEBTOR IN POSSESSION OPERATING REPORT NO: 83 Page 2 of 2

2 Aging of Accounts Payable and Accounts Receivable (exclude prepetition accounts payable):

	Accounts		Accounts
	Payable		Receivable
Current Under 30 days				—
Overdue 31-60 days		—		—
Overdue 61-90 days		—
Overdue 91-120 days		—
Overdue Over 121 days		—
Due in the Future		—		862,443
TOTAL		—		862,443

3 Statement of Status of Payments to Secured Creditors and Lessors:

     No payments to Secured Creditors or Lessors were paid or payable during the reporting period.

4 Tax Liability

     No tax payments were paid or payable during the reporting period other than payroll taxes shown above.

5 Insurance Coverage

	Carrier/	Amount of		Policy		Premium Paid
	Agent Name	Coverage		Expiration Date		Through Date
Worker’s Compensation (RENEWED)	St. Paul		1,000,000		1/14/2009		1/14/2009
Commercial Property (RENEWED)	St. Paul		2,000,000		2/14/2009		2/14/2009
Errors & Omissions — Library (RENEWED)	St. Paul		3,000,000		3/3/2009		3/3/2009

6 Questions:

A.	Has the Debtor in Possession provided compensation to any officers, directors, shareholders, or other principals without the approval of the Office of the United States Trustee? oYes          Explain: þNo
B.	Has the Debtor in Possession, subsequent to the filing of the petition, made any payments on its prepetition unsecured debt, except as authorized by the Court? oYes          Explain: þNo

7 Statement on Unpaid Professional Fees (Postpetition Amounts Only)

     Total unpaid post-petition Professional Fees during the reporting period:                     $66,854.31

8 Narrative Report of Significant Events and Events out of the Ordinary Course of Business:

     None.

9 Quarterly Fees:

     Paid

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.

Debtor in Possession