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Harmony Shows Profit on $5 Million in Revenue

Harmony Holdings Inc., a Burbank company that produces television commercials, said it earned $125,703 for the fiscal first quarter that ended Sept. 30 contrasted with a year-earlier loss of $127,569.

Harmony’s third-quarter revenues grew 30% to $5 million from $3.86 million last year.

Harmony was a subsidiary of Ventura Entertainment Group Ltd., a Beverly Hills television production concern, from March, 1990, until last month, when Harmony was spun off in an initial stock offering.


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