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COMPANY TOWN ANNEX

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From Times Staff and Wire Reports

ABC, Atlantic Records to Produce Records for Youngsters: “ABC Kids” will produce and distribute audio recordings from children’s programming airing on the ABC network. Among the first releases will be “Bump in the Night,” a collection of songs from ABC’s stop-motion animated series that will be distributed by TW Kids, a division of Time Warner Audio Books. Another project will be “Schoolhouse Rock,” educational songs interpreted by such groups as the Stone Temple Pilots. They are to be released in 1995.

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