<PAGE>



                  U.S. Securities and Exchange Commission

                           Washington D.C. 20549

                                Form 10-QSB

                                (Mark One)

    [ X ] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES

                           EXCHANGE ACT OF 1934

             For the quarterly period ended December 31, 2003

    [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

     For the transition period from ______________ to _______________

                      Commission file number 0-50164

                         DOLPHIN PRODUCTIONS, INC.


     (Exact name of small business issuer as specified in its charter)

         Nevada                                  87-0618756
-------------------------------         ----------------------------
(State or other jurisdiction of         (Employer Identification No.)
 incorporation or organization)

               2068 Haun Avenue, Salt Lake City, Utah 84121

                 (Address of principal executive offices)

                              (801) 450-0716

                        (Issuer's telephone number)

Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for
such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.

       Yes (X) No ( )

State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date:

        520,000 as of December 31, 2003.


<PAGE>
                         DOLPHIN PRODUCTIONS, INC.

                           INDEX TO FORM 10-QSB

                                                                  PAGE
PART I      FINANCIAL INFORMATION                                 NUMBER

  Item 1.   Financial Statements for DOLPHIN PRODUCTIONS, INC.     3-11

            Unaudited Condensed Balance Sheets,
            December 31, 2003 and September 30, 2003

            Unaudited Condensed Statements of Operations,
            for the three months ended December 31, 2003 and
            2002 and from inception on June 26, 1998 through
            December 31, 2003

            Unaudited Condensed Statements of Cash Flows
            For the three months ended December 31, 2003
            and 2002 and from inception on June 26, 1998
            through December 31, 2003

            Notes to Consolidated Financial Statements

  Item 2.   Management's Discussion and Analysis of                 12
            Financial Condition and Results of Operation


  Item 3.   Controls and Procedures                                 13

PART II     OTHER INFORMATION                                       13

SIGNATURE                                                           13





<PAGE>


Item 1. Financial Statements for DOLPHIN PRODUCTIONS, INC.












                         DOLPHIN PRODUCTIONS, INC.
                       [A Development Stage Company]

                 UNAUDITED CONDENSED FINANCIAL STATEMENTS

                             DECEMBER 31, 2003























<PAGE>

                         DOLPHIN PRODUCTIONS, INC.
                       [A Development Stage Company]




                                 CONTENTS

                                                                PAGE

        -    Unaudited Condensed Balance Sheets,
             December 31, 2003 and September 30, 2003             5


        -    Unaudited Condensed Statements of Operations,
             for the three months ended December 31, 2003
             and 2002 and from inception on June 26, 1998
             through December 31, 2003                            6


        -    Unaudited Condensed Statements of Cash Flows,
             for the three months ended December 31, 2003
             and 2002 and from inception on June 26, 1998
             through December 31, 2003                            7


        -    Notes to Unaudited Condensed Financial Statements  8 - 11





<PAGE>

                         DOLPHIN PRODUCTIONS, INC.
                       [A Development Stage Company]

                    UNAUDITED CONDENSED BALANCE SHEETS


                                  ASSETS

                                         December 31,September 30,
                                             2003         2003
                                         ___________  ___________
CURRENT ASSETS:
  Cash                                    $    1,935   $    2,995
  Income taxes receivable                        730          730
                                         ___________  ___________
        Total Current Assets                   2,665        3,725
                                         ___________  ___________
                                          $    2,665   $    3,725
                                         ___________  ___________


              LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)

CURRENT LIABILITIES:
  Accounts payable                        $    1,300   $    1,060
  Accrued expenses - related party            21,500       21,500
                                         ___________  ___________
        Total Current Liabilities             22,800       22,560
                                         ___________  ___________

STOCKHOLDERS' EQUITY (DEFICIT):
  Common stock, $.001 par value,
   50,000,000 shares authorized,
   520,000 shares issued and
   outstanding                                   520          520
  Capital in excess of par value               5,480        5,480
  Deficit accumulated during the
   development stage                        (26,135)     (24,835)
                                         ___________  ___________
        Total Stockholders'
          Equity (Deficit)                  (20,135)     (18,835)
                                         ___________  ___________
                                          $    2,665   $    3,725
                                         ___________  ___________










Note: The balance sheet at September 30, 2003 was taken from the audited
   financial statements at that date and condensed.

 The accompanying notes are an integral part of these unaudited condensed
                           financial statements.

                                    -5-
<PAGE>

                         DOLPHIN PRODUCTIONS, INC.
                       [A Development Stage Company]

               UNAUDITED CONDENSED STATEMENTS OF OPERATIONS


                                          For the Three    From Inception
                                           Months Ended      on June 26,
                                           December 31,      1998 Through
                                        ___________________  December 31,
                                           2003     2002        2003
                                        ________  _________  _________
REVENUE                                 $      -   $     -   $  37,890

EXPENSES:
  Selling                                      -         -       4,561
  General and administrative               1,300     1,230      57,870
                                        ________  _________  _________
      Total Expenses                       1,300     1,230      62,431
                                        ________  _________  _________

LOSS BEFORE INCOME
  TAXES                                   (1,300)   (1,230)    (24,541)

CURRENT TAX EXPENSE (BENEFIT)                  -      (184)        294

DEFERRED TAX EXPENSE (BENEFIT)                 -         -           -
                                        ________  _________  _________

NET LOSS                                $ (1,300)  $(1,046)  $ (24,835)
                                        ________  _________  _________

LOSS PER COMMON SHARE                   $   (.00)  $  (.00)  $    (.05)
                                        ________  _________  _________
















 The accompanying notes are an integral part of these unaudited condensed
                           financial statements.

                                    -6-
<PAGE>

                         DOLPHIN PRODUCTIONS, INC.
                       [A Development Stage Company]

               UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS


                                         For the Three    From Inception
                                          Months Ended      on June 26,
                                          December 31,     1998 Through
                                     ____________________   December 31,
                                         2003       2002       2003
                                     ___________  _________  __________
Cash Flows from Operating Activities:
 Net loss                             $  (1,300)  $ (1,046)  $ (24,835)
 Adjustments to reconcile net
   loss to net cash provided (used)
   by operating activities:
  Changes in assets and liabilities:
    (Increase) in income
       taxes receivable                       -       (191)       (730)
    Increase in accounts payable            240          -           -
    Increase in accrued
       expenses - related party               -          -      21,500
    (Decrease) in income taxes payable        -     (1,024)          -
    Increase (decrease) in
       accrued expenses                       -       (464)          -
                                     ___________  _________  __________
     Net Cash (Used) by
       Operating Activities              (1,060)    (2,725)     (4,065)
                                     ___________  _________  __________

Cash Flows from Investing Activities          -          -           -
                                     ___________  _________  __________
     Net Cash Provided by
       Investing Activities                   -          -           -
                                     ___________  _________  __________

Cash Flows from Financing Activities:
 Proceeds from issuance
   of common stock                            -          -       6,000
                                     ___________  _________  __________
     Net Cash Provided by
       Financing Activities                   -          -       6,000
                                     ___________  _________  __________

Net Increase (Decrease) in
  Cash and Cash Equivalents              (1,060)    (2,725)      1,935

Cash and Cash Equivalents
  at Beginning of Period                  2,995     10,920           -
                                     ___________  _________  __________

Cash and Cash Equivalents
  at End of Period                    $   1,935   $  8,195   $   1,935
                                     ___________  _________  __________

Supplemental Disclosures of Cash Flow Information:
 Cash paid during the period for:
   Interest                           $       -   $      -   $       -
   Income taxes                       $       -   $  1,024   $   1,024

Supplemental Schedule of Non-cash Investing and Financing Activities:
  For the three months ended December 31, 2003:
     None

  For the three months ended December 31, 2002:
     None


 The accompanying notes are an integral part of these unaudited condensed
                           financial statements.

                                    -7-
<PAGE>

                         DOLPHIN PRODUCTIONS, INC.
                       [A Development Stage Company]

             NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

  Organization  -  Dolphin Productions, Inc. ("the Company")  was  organized
  under  the  laws  of  the State of Nevada on June 26, 1998.   The  Company
  provides  musical  and other performance services for concerts  and  other
  events.   The Company has not yet generated significant revenues from  its
  planned principal operations and is considered a development stage company
  as  defined  in Statement of Financial Accounting Standards  No.  7.   The
  Company, at the present time, has not paid any dividends and any dividends
  that may be paid in the future will depend upon the financial requirements
  of the Company and other relevant factors.

  Condensed  Financial  Statements - The accompanying  financial  statements
  have  been  prepared  by the Company without audit.   In  the  opinion  of
  management,   all   adjustments  (which  include  only  normal   recurring
  adjustments)  necessary to present fairly the financial position,  results
  of  operations and cash flows at December 31, 2003 and 2002  and  for  the
  periods then ended have been made.

  Certain   information  and  footnote  disclosures  normally  included   in
  financial  statements  prepared  in  accordance  with  generally  accepted
  accounting principles in the United States of America have been  condensed
  or  omitted.  It is suggested that these condensed financial statements be
  read  in  conjunction  with  the financial statements  and  notes  thereto
  included in the Company's September 30, 2002 audited financial statements.
  The results of operations for the periods ended December 31, 2003 and 2002
  are not necessarily indicative of the operating results for the full year.

  Fiscal Year - The Company's fiscal year-end is September 30th.

  Cash  and Cash Equivalents - The Company considers all highly liquid  debt
  investments purchased with a maturity of three months or less to  be  cash
  equivalents.

  Accounts  and  Loans Receivable - The Company records accounts  and  loans
  receivable at the lower of cost or fair value.  The Company determines the
  lower  of cost or fair value of non-mortgage loans on an individual  asset
  basis.   The  Company recognizes interest income on an account  receivable
  based  on  the stated interest rate for past-due accounts over the  period
  that the account is past due.  The Company recognizes interest income on a
  loan  receivable based on the stated interest rate over the  term  of  the
  loan.   The Company accumulates and defers fees and costs associated  with
  establishing a receivable to be amortized over the estimated life  of  the
  related   receivable.   The  Company  estimates  allowances  for  doubtful
  accounts  and  loan  losses  based on the  aged  receivable  balances  and
  historical  losses.   The Company records interest  income  on  delinquent
  accounts and loans receivable only when payment is received.  The  Company
  first   applies  payments  received  on  delinquent  accounts  and   loans
  receivable  to  eliminate the outstanding principal.  The Company  charges
  off  uncollectible accounts and loans receivable when management estimates
  no   possibility  of  collecting  the  related  receivable.   The  Company
  considers accounts and loans receivable to be past due or delinquent based
  on contractual terms.

                                   -8-
<PAGE>

                         DOLPHIN PRODUCTIONS, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Continued]

  Revenue  Recognition  -  The  Company recognizes  revenue  from  providing
  musical  and  other  performances for concerts  and  other  events  for  a
  negotiated fee in the period when the services are provided.  The  Company
  records only its fee from a concert performance and reflects the Company's
  expenses related to the performance as general and administrative expense.
  The  Company  recognizes revenue from the sale of compact discs  when  the
  product is delivered.

  Advertising  Costs - Advertising costs, except for costs  associated  with
  direct-response advertising, are charged to operations when incurred.  The
  costs  of  direct-response advertising are capitalized and amortized  over
  the  period  during  which future benefits are expected  to  be  received.
  During  the  three  months ended December 31, 2003 and  2002,  advertising
  costs amounted to $0 and $0, respectively.

  Income  Taxes  - The Company accounts for income taxes in accordance  with
  Statement of Financial Accounting Standards No. 109 "Accounting for Income
  Taxes" [See Note 4].

  Loss  Per  Share  -  The computation of loss per share  is  based  on  the
  weighted  average number of shares outstanding during the period presented
  in  accordance with Statement of Financial Accounting Standards  No.  128,
  "Earnings Per Share" [See Note 6].

  Accounting  Estimates  -  The  preparation  of  financial  statements   in
  conformity  with generally accepted accounting principles  in  the  United
  States  of  America requires management to make estimates and  assumptions
  that   effect  the  reported  amounts  of  assets  and  liabilities,   the
  disclosures  of  contingent assets and liabilities  at  the  date  of  the
  financial  statements, and the reported amounts of revenues  and  expenses
  during  the  reporting  period.  Actual results could  differ  from  those
  estimated by management.

  Recently  Enacted Accounting Standards - Statement of Financial Accounting
  Standards ("SFAS") No. 146, "Accounting for Costs Associated with Exit  or
  Disposal  Activities", SFAS No. 147, "Acquisitions  of  Certain  Financial
  Institutions  - an Amendment of FASB Statements No. 72 and  144  and  FASB
  Interpretation   No.  9",  SFAS  No.  148,  "Accounting  for   Stock-Based
  Compensation - Transition and Disclosure - an Amendment of FASB  Statement
  No.  123",  SFAS  No.  149,  "Amendment of  Statement  133  on  Derivative
  Instruments  and  Hedging Activities", and SFAS No. 150,  "Accounting  for
  Certain Financial Instruments with Characteristics of both Liabilities and
  Equity",  were recently issued.  SFAS No. 146, 147, 148, 149 and 150  have
  no  current applicability to the Company or their effect on the  financial
  statements would not have been significant.

  Restatement - On January 15, 1999, the Company effected a 5-for-2  forward
  stock split.  The financial statements have been restated, for all periods
  presented, to reflect the stock split [See Note 2].

  Reclassification - The financial statements for periods prior to  December
  31,   2003  have  been  reclassified  to  conform  to  the  headings   and
  classifications used in the December 31, 2003 financial statements.

                                    -9-
<PAGE>

                         DOLPHIN PRODUCTIONS, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 2 - CAPITAL STOCK

  Common Stock - During June 1998, the Company issued 500,000 shares of  its
  previously  authorized but unissued common stock for cash  of  $2,000  (or
  $.004 per share).

  During  January  1999, the Company issued 20,000 shares of its  previously
  authorized  but  unissued common stock for cash of  $4,000  (or  $.20  per
  share).

  Stock  Split  - On January 15, 1999, the Company effected a five  for  two
  common  stock split.  The financial statements, for all periods presented,
  have been restated to reflect the stock split.

NOTE 3 - RELATED PARTY TRANSACTIONS

  Management  Compensation  and Accrued Expenses -  Salary  expense  to  the
  President  for the three months ended December 31, 2003 and 2002  amounted
  to  $0  and  $0, respectively.  At December 31, 2003, the Company  owes  a
  total of $6,500 in accrued salary to the President.

  Legal  Services  and  Accrued Expenses - During  the  three  months  ended
  December  31,  2003 and 2002, respectively, the President  provided  legal
  services  of $0 and $0 to the Company.  At December 31, 2003, the  Company
  owes a total of $15,000 in accrued legal fees to the President.

NOTE 4 - INCOME TAXES

  The  Company  accounts for income taxes in accordance  with  Statement  of
  Financial  Accounting  Standards No. 109 "Accounting  for  Income  Taxes".
  SFAS  No.  109  requires  the  Company  to  provide  a  net  deferred  tax
  asset/liability  equal  to  the  expected future  tax  benefit/expense  of
  temporary  reporting differences between book and tax  accounting  methods
  and any available operating loss or tax credit carryforwards.  At December
  31, 2003, the Company has available unused operating loss carryforwards of
  approximately  $4,300, which may be applied against future taxable  income
  and which expire in 2024.

  The  amount of and ultimate realization of the benefits from the  deferred
  tax  assets  for income tax purposes is dependent, in part, upon  the  tax
  laws  in  effect,  the future earnings of the Company,  and  other  future
  events,  the  effects  of  which cannot be  determined.   Because  of  the
  uncertainty  surrounding the realization of the deferred tax  assets,  the
  Company  has established a valuation allowance equal to their  tax  effect
  and, therefore, no deferred tax asset has been recognized for the deferred
  tax  assets.  The net deferred tax assets, which consist mainly of accrued
  compensation and net operating loss carryforward, are approximately $3,900
  and  $3,700  as of December 31, 2003 and September 30, 2003, respectively,
  with an offsetting valuation allowance of the same amount, resulting in  a
  change  in the valuation allowance of approximately $200 during the  three
  months ended December 31, 2003.

                                    -10-
<PAGE>

                         DOLPHIN PRODUCTIONS, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 5 - GOING CONCERN

  The  accompanying  financial statements have been prepared  in  conformity
  with  generally  accepted accounting principles in the  United  States  of
  America  which contemplate continuation of the Company as a going concern.
  However,   the  Company  has  not  yet  been  successful  in  establishing
  profitable  operations and has current liabilities in  excess  of  current
  assets.   These factors raise substantial doubt about the ability  of  the
  Company  to  continue as a going concern.  In this regard,  management  is
  proposing to raise any necessary additional funds through loans or through
  additional  sales of its common stock or through the possible  acquisition
  of  other  companies.   There is no assurance that  the  Company  will  be
  successful  in raising this additional capital or in achieving  profitable
  operations.

NOTE 6 - LOSS PER SHARE

  The following data show the amounts used in computing loss per share:

                                          For the Three     From Inception
                                           Months Ended       on June 26,
                                           December 31,      1998 Through
                                        ___________________   December 31,
                                          2003       2002        2003
                                        ________   ________   __________
    Net loss available to common
      shareholders  (numerator)         $(1,300)   $(1,046)   $ (26,135)
                                        ________   ________   __________
    Weighted average number of
    common shares outstanding
    used in loss per share for the
    period (denominator)                 520,000    520,000      517,984
                                        ________   ________   __________

  Dilutive  loss per share was not presented, as the Company had  no  common
  stock  equivalent shares for all periods presented that would  affect  the
  computation of diluted loss per share.

                                      -11-
<PAGE>




Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS

The following is management's discussion and analysis of certain
significant factors that have affected the Company's financial condition
and operating results for the period included in the accompanying financial
statements.   The accompanying Unaudited Condensed Financial Statements as
of December 31, 2003, including the Notes to Unaudited Condensed Financial
Statements, are, by this reference, included in this Managements Discussion
and Analysis of Financial Condition and Results of Operations.

Results of Operations

Three Months Ended December 31, 2003 Compared to
Three Months Ended December 31, 2002

DOLPHIN PRODUCTIONS, INC., had no
revenue for the quarter ended December 31, 2002, and no revenue for the
comparable quarter ended December 31, 2002.   No concert services were
provided by the Company during either quarter and the Company generated no
revenues from the sale in recorded music.  The Company is in the process of
shifting its business emphasis from the production of concerts to the
Internet marketing of recorded music.

DOLPHIN PRODUCTIONS, INC. incurred accounting expenses of $1300 during the
quarter ended December 31, 2003, and that amount is reflected as an account
payable as of that date.  That amount ($1300).  Accounting expenses of
$1230 during the comparable quarter ended December 31, 2002.  Accounting
costs were the only expenses incurred by the Company during the quarter
ended December 31, 2003, and that amount ($1300) is also the Companys Net
Operating Loss for that period.  In the comparable period ended December
31, 2002, the Company recognized a tax benefit of $184 that partially
offset its General and Administrative expenses of $1230 and resulted in a
Net Operating Loss of $1046 for that period.

DOLPHIN PRODUCTIONS, INC. has no immediate plans to produce concerts or to
provide concert-related services in the near future, except as such
services may be ancillary to the Companys development and promotion of its
web site and the Internet marketing of recorded music.  The Company is not
able to predict when, or whether, its Internet marketing business will
begin to generate revenues.

DOLPHIN PRODUCTIONS, INC., has no immediate prospects for generating
revenues from its operations during the foreseeable future.  The magnitude
of the revenues, if any, will depend upon the Companys ability to implement
an unproved process for generating revenues from making recorded music
available to the public on the Internet.

Liquidity and Capital Resources

As of December 31, 2003, the Company had on hand cash of $1935.  It owed
$21,500 in accrued liabilities payable to the Companys President and
Chairman, Richard H. Casper.  It has also accrued a liability of $1300 that
is payable to the Companys independent auditors, Pritchett, Siler & Hardy.
The Companys current liabilities of $22,800 exceed the cash ($1935) that it
had on hand as of December 31, 2003, by $20,865.

                               -12-
<PAGE>

The liability to the Companys President is not evidenced by a writing and
does not currently bear interest.  It is due upon demand.

The Company currently has no prospects or commitments from any parties to
provide additional capital, cash or resources to the Company.

Item 3. Controls and Procedures

As of December 31, 2003, an informal evaluation was performed under the
supervision and with the participation of the Company's management,
including the CEO and CFO, of the effectiveness of the design and operation
of the Company's disclosure controls and procedures. Based on that
evaluation, the Company's management, including the CEO and CFO, concluded
that the Company's disclosure controls and procedures were effective as of
December 31, 2003. There have been no significant changes in the Company's
internal controls or in other factors that could significantly affect
internal controls subsequent to December 31, 2003.



                         PART II-OTHER INFORMATION

None

                                 SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                         DOLPHIN PRODUCTIONS, INC.

Date: February 11, 2003                         /s/ Richard H. Casper

                                              ------------------------
                                              Richard H. Casper,President
                                              and Principal Financial Officer




                                -13-
<PAGE>