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: February 19, 2009

THE KUSHNER-LOCKE COMPANY

(Exact name of registrant as specified in its charter)

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

280 South Beverly Drive, Suite 205, Beverly Hills, California	90212
(Address of principal executive offices)	(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 November and December 2008 are provided in this Current Report on Form 8-K. The operating reports and interim statement shave 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 November 1, 2008 to November 30, 2008.

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

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

Exhibit 99.4. Monthly Operating Report of the Registrant for the calendar month from December 1, 2008 to December 31, 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: February 19, 2009	THE KUSHNER-LOCKE COMPANY
	By:	/s/ Alice P. Neuhauser Alice P. Neuhauser
		Responsible Officer

EX-99.1

Exhibit 99.1

Page 1 of 3

Office of the United States Trustee

In re:	DEBTOR IN POSSESSION INTERIM STATEMENT
The Kushner-Locke Company
	Statement Number:	85
Chapter 11	For the Period FROM:	11/1/2008
Case No. LA 01-44828-SB (Substantively Consolidated with	TO:	11/30/2008
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		$	11,423,953.15	$	10,301,558.51	$	1,229,576.63
B. Less: Total Disbursements per all Prior Statements		$	10,700,703.38	$	10,145,742.20	$	44,966.80
C. Beginning Balance		$	991,582.98	$	221,772.52	$	1,184,609.83
D. Receipts during Current Period
Description
11/7/2008	Wire Transfer			$	30,000.00
11/13/2008	Kinowelt			$	756.00
11/20/2008	Wire Transfer			$	45,000.00
11/21/2008	Compact Collections	$	6,173.02
11/21/2008	Vision Films					$	24,136.97
11/28/2008	Daro Films	$	56,490.82
11/30/2008	interest	$	158.61
TOTAL RECEIPTS THIS PERIOD		$	62,822.45	$	75,756.00	$	24,136.97		—
E. Balance Available (C plus D)		$	1,054,405.43	$	297,528.52	$	1,208,746.80	$	—

DEBTOR IN POSSESSION INTERIM STATEMENT NO: 85 Page 2 of 3

F. Less: Disbursements during Current Period:

Date	Check No.	Payee/Purpose
Wire	11/04/2008	Payroll Tax			$	4,439.73
8547	11/04/2008	Payroll			$	1,358.59
8548	11/04/2008	Payroll			$	6,474.35
8549	11/04/2008	Payroll			$	2,893.10
Wire	11/07/2008	Wire Transfer	$	30,000.00
Wire	11/14/2008	ADP			$	102.96
Wire	11/14/2008	Comerica Bank			$	6.05
1292	11/14/2008	Bonded Services			$	6,388.84
1293	11/14/2008	New Wave Entertainment			$	105.00
1294	11/14/2008	Recall			$	918.80
1295	11/14/2008	Varien			$	318.00
1296	11/14/2008	Xerox			$	20.83
1297	11/17/2008	Point 360			$	540.00
Wire	11/18/2008	Payroll Tax			$	5,544.33
8550	11/18/2008	Payroll			$	1,358.57
8551	11/18/2008	Payroll			$	7,848.95
8552	11/18/2008	Payroll			$	2,893.10
Wire	11/20/2008	Wire Transfer	$	45,000.00
Wire	11/21/2008	ADP			$	18.58
1298	11/24/2008	AT & T			$	364.80
1299	11/24/2008	Blue Shield			$	586.00
1300	11/24/2008	Bonded Services			$	4,000.00
1301	11/24/2008	Bowne of Los Angeles			$	798.00
1302	11/24/2008	Federal Express			$	167.87
1303	11/24/2008	Health Net			$	8,191.85
1304	11/24/2008	Kevin Marino			$	165.61
1305	11/24/2008	New Beginnings Enterprises			$	9,440.60
Wire	11/25/2008	Payroll Tax			$	4,575.84
1309	11/25/2008	Keren Aminia			$	569.35
1313	11/25/2008	Payroll			$	9,124.54
1314	11/25/2008	Payroll			$	6,884.26
1315	11/25/2008	Payroll			$	8,611.80
8553	11/25/2008	Payroll			$	1,358.59
8554	11/25/2008	Payroll			$	6,653.65
8555	11/25/2008	Payroll			$	2,901.06
Wire	11/26/2008	Payroll Tax			$	7,054.40
Wire	11/28/2008	ADP			$	162.96
Wire	11/30/2008	City National Bank					$	50.00
TOTAL DISBURSEMENTS THIS PERIOD:			$	75,000.00	$	112,840.96	$	50.00		—
G. Ending Balance (E less F)			$	979,405.43	$	184,687.56	$	1,208,696.80	$	—

DEBTOR IN POSSESSION INTERIM STATEMENT NO: 85 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	£	219,367.88	Pound Sterling	Time Deposit
Bank of Scotland — Basil	936582	£	246,371.22	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	$	39,953.38
Denial Venture	1890-69-6501	$	244,373.85
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-99.2

Exhibit 99.2

Page 1 of 2

Office of the United States Trustee

In re:	DEBTOR IN POSSESSION OPERATING REPORT
The Kushner-Locke Company
	Report Number:	85
Chapter 11	For the Period FROM:	11/1/2008
Case No. LA 01-44828-SB (Substantively Consolidated with	TO:	11/30/2008
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	39,856
Salaries and Wages — Other Employees	36,731
Total Salaries and Wages			76,587
Employee Benefits and Pensions			8,778
Employer Payroll Taxes/Fees	3,672
Other Taxes
Total Taxes			3,672
Rent and Lease Expense (including parking)	9,441
Distribution/Delivery Expenses	813
Interest Expense
Insurance
Automobile Expense/Mileage
Utilities (incl. Phone, phone equipment, internet)	683
Depreciation and Amortization
Business Equipment Leases
Business Expense reimbursement	735
Storage Expense	11,308
Supplies, Office Expenses, Photocopies, etc.
Bad Debts
Miscellaneous Operating Expenses	875
Total Operating Expenses			112,891
Net Gain/Loss from Business Operations					(112,891	)
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				$	(112,891	)

DEBTOR IN POSSESSION OPERATING REPORT NO: 85 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?

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:                $ 76,071.79
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

Page 1 of 3

Office of the United States Trustee

In re:	DEBTOR IN POSSESSION INTERIM STATEMENT
The Kushner-Locke Company
	Statement Number:	86
Chapter 11	For the Period FROM:	12/1/2008
Case No. LA 01-44828-SB (Substantively Consolidated with	TO:	12/31/2008
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		$	11,486,775.60	$	10,377,314.51	$	1,253,713.60
B. Less: Total Disbursements per all Prior Statements		$	10,775,703.38	$	10,258,583.16	$	45,016.80
C. Beginning Balance		$	979,405.43	$	184,687.56	$	1,208,696.80
D. Receipts during Current Period
Description
12/4/2008	Wire Transfer			$	60,000.00
12/10/2008	WABC-TV	$	37,500.00
12/15/2008	WABC-TV	$	18,750.00
12/18/2008	Wire Transfer			$	100,000.00
12/23/2008	USI			$	18.00
12/31/2008	interest	$	123.48
TOTAL RECEIPTS THIS PERIOD		$	56,373.48	$	160,018.00	$	—		—
E. Balance Available (C plus D)		$	1,035,778.91	$	344,705.56	$	1,208,696.80	$	—

DEBTOR IN POSSESSION INTERIM STATEMENT NO: 86 Page 2 of 3

F. Less: Disbursements during Current Period:

Date	Check No.	Payee/Purpose
12/02/2008	1316	West End Media			$	16,450.00
12/03/2008	1317	ITE Solutions			$	1,372.50
12/03/2008	1318	Point 360			$	107.05
12/03/2008	1319	Xerox			$	20.83
12/04/2008		Wire Transfer	$	60,000.00
12/05/2008	Wire	ADP			$	165.92
12/09/2008	1320	Global Media Television			$	12,262.13
12/09/2008	1321	Holywood Reporter, The			$	247.89
12/09/2008	1322	Personnel Concepts			$	31.96
12/09/2008	1323	Recall			$	918.80
12/09/2008	1324	Secretary of State			$	25.00
12/11/2008	Wire	Comerica Bank			$	98.79
12/12/2008	Wire	ADP			$	40.00
12/12/2008	1325	Franchise Tax Board			$	800.00
12/12/2008	1326	Franchise Tax Board			$	800.00
12/12/2008	1327	Franchise Tax Board			$	800.00
12/12/2008	1328	Franchise Tax Board			$	6,400.00
12/16/2008	Wire	Payroll Tax			$	4,842.75
12/16/2008	8556	Payroll			$	1,358.57
12/16/2008	8557	Payroll			$	7,012.23
12/16/2008	8558	Payroll			$	2,922.33
12/18/2008	Wire-3204	Morgan Lewis & Bockius LLP	$	4,873.56
12/18/2008	Wire	Wire Transfer	$	100,000.00
12/19/2008	1329	Alice Neuhauser Expenses			$	451.06
12/19/2008	1330	Arrowhead			$	29.45
12/19/2008	1331	Blue Shield			$	26.00
12/19/2008	1332	Brandon & Morner-Ritt			$	5,787.40
12/19/2008	1333	Kevin Marino Expenses			$	365.36
12/23/2008	Wire	Payroll Tax			$	3,556.89
12/23/2008	8559	Payroll			$	1,358.59
12/23/2008	8560	Payroll			$	5,770.24
12/23/2008	8561	Payroll			$	3,108.34
12/26/2008	Wire	ADP			$	162.96
12/31/2008	Wire	City National Bank					$	50.00
TOTAL DISBURSEMENTS THIS PERIOD:			$	164,873.56	$	77,293.04	$	50.00		—
G. Ending Balance (E less F)			$	870,905.35	$	267,412.52	$	1,208,646.80	$	—

DEBTOR IN POSSESSION INTERIM STATEMENT NO: 86 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	£	219,674.40	Pound Sterling	Time Deposit
Bank of Scotland — Basil	936582	£	246,715.46	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	$	39,960.31
Denial Venture	1890-69-6501	$	244,438.28
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-99.4

Exhibit 99.4

Page 1 of 2

Office of the United States Trustee

In re:	DEBTOR IN POSSESSION OPERATING REPORT
The Kushner-Locke Company
	Report Number:	86
Chapter 11	For the Period FROM:	12/1/2008
Case No. LA 01-44828-SB (Substantively Consolidated with	TO:	12/31/2008
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	17,850
Salaries and Wages — Other Employees	11,154
Total Salaries and Wages			29,004
Employee Benefits and Pensions			26
Employer Payroll Taxes/Fees	1,295
Other Taxes	8,800
Total Taxes			10,095
Rent and Lease Expense (including parking)
Distribution/Delivery Expenses	28,819
Interest Expense
Insurance
Automobile Expense/Mileage
Utilities (incl. Phone, phone equipment, internet)
Depreciation and Amortization
Business Equipment Leases
Business Expense reimbursement	816
Storage Expense	919
Supplies, Office Expenses, Photocopies, etc.	1,682
Bad Debts
Miscellaneous Operating Expenses	195
Total Operating Expenses			71,556
Net Gain/Loss from Business Operations					(71,556	)
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			10,661
Other Non-Operating Expenses (Board/Trustee fees)
Total Non-Operating Expenses					10,661
NET INCOME/(LOSS) FOR PERIOD				$	(82,217	)

DEBTOR IN POSSESSION OPERATING REPORT NO: 86 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		1,400		794,174
TOTAL		1,400		794,174

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:           $ 80,871.69
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