Four Media Reports Record Revenues

Four Media Co., a Burbank-based post-production facility, announced record revenues for the three months and fiscal year that ended Aug. 2.

The company, which has aggressively acquired other post-production firms over the past several years, said the earnings report demonstrates the continued success of its growth strategy.

The company reported net income of $1.14 million or 10 cents per share for the three months that ended Aug. 2, compared with $427,000 or 4 cents per share for the three months ended Aug. 3, 1997.

Revenues for the three months that ended Aug. 2 increased by 50% to $34.2 million, compared with $22.8 million for the three months that ended Aug. 3, 1997. Revenues for the fiscal year that ended in August increased 52.8% to $129.2 million compared with $84.5 million for the year ending Aug. 3, 1997.