After Alliance Communications’ release Aug. 17 of first-quarter results ending June 30, 1995, Scotia McLeod associate analyst Randall Rudniski released a report on the company that showed strength in the production and distribution divisions and a recent dip in stock price of 20% following Alliance’s failure to acquire Labatt Communications Inc. earlier this summer.

Quarter 1996 numbers indicate 98% increase year to year in total revenues to $64.2 million.

Over the same period last year, production is up 300% in revenues to $34.4 million ‘due primarily to product delivery carryovers related to the titles Senior Trip, Due South and ReBoot,’ the report says.

Distribution is up 200% over fiscal 1995’s first quarter and the report predicts revenues should continue to rise in 1996’s second quarter with the video release of Pulp Fiction.

Alliance Equicap was down 45% over the same period last year after the federal change from a tax shelter to a tax credit system.

The report says ‘the company is well capitalized and has the ability to raise debt for future transactions.’

It says by the middle of September, Alliance’s move to list non-voting shares on nasdaq should be completed, and ‘this should allow the company to benefit from u.s. investor enthusiasm towards the sector on the heels of the Disney/Capital Cities-abc deal.’

Meanwhile, the company has announced a production slate for fiscal 1996 with budgets totalling $121 million.

The 56-hour slate includes Gridlock, an mow for nbc produced with Remy/Neufeld, two more Harlequin romances and six feature films including The Winner, another Rebecca De Mornay starrer following Never Talk to Strangers.

Holly Hunter is signed to star alongside James Spader in David Cronenberg’s $15 million feature Crash. Production starts late September in Toronto.

In its annual report released Aug. 18, Alliance reported that among a 114% increase in revenues for the year ended March 31 over last fiscal year to $233 million, releasing accounted for $58 million, productions totalled $117 million and broadcasting interests such as Showcase and Budapest TV3, combined with new media interests, brought in just under $3 million.

The remaining revenues came from the company’s international division and Alliance Equicap. PC