U.S. Securities and Exchange Commission


                           Washington D.C. 20549


                                Form 10-KSB

                                (Mark One)

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


                           EXCHANGE ACT OF 1934


               For the fiscal year ended September 30, 2005


    [ ] 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:

770,000 shares of the issuers $.001 par common stock were outstanding as
of September 30, 2005, the issuers most recent fiscal year end.
Securities registered pursuant to section 12(b) of the Act:

Title of each class       Name of each exchange on which registered
        None                                  N/A
------------------        -----------------------------------------

Securities registered pursuant to section 12(g) of the Act:

              The Companys $.001 par common stock
 (770,000 shares issued and outstanding on September 30, 2005)
                            ---------------
                            (Title of class)

Check if disclosure of delinquent filers in response to Item 405 of
Regulation S-B is not contained in this form, and no disclosure will be
contained, to the best of registrant's  knowledge, in definitive proxy or
information  statements incorporated  by reference in Part III of this
Form 10-KSB or any amendment to this Form 10-KSB. [ ]

Indicate by check mark whether the registrant is a shell company (as
defined in Rule 12b-2 of the Exchange Act).  Yes  X   No       [i.e. The
Company has:  (1) nominal operations; and (2) assets consisting of cash
and nominal other assets].

State issuer's revenues for its most recent fiscal year: $ 1201

State the aggregate market value of the voting and nonvoting common equity
held by non-affiliates computed by reference to the price at which the
common equity was sold, or the average bid and asked  prices of such
common  equity, as of a specified date within the past 60 days: There is
no active market for the Companys securities and, to the best of the
Companys knowledge, there have been no transfers of any of the Companys
securities within the last year.

See also Item 11.  Of the 770,000 shares outstanding, 520,500 shares are
held by officers, directors and/or other affiliates.  Non-affiliates hold
249,500 shares.  In November of 2005, the Companys common stock began
trading on the OTC Bulletin Board under the symbol DPNP.  On December 9,
2005, the last trade was at $1.45 per share.  A total of 3,752 shares were
traded on that date.  If that price ($1.45 per share) were applied to all
stock held by non-affiliates, the aggregate market value of the common
stock held by non-affiliates would be approximately $360,000 ($1.45/share
x 249,500 shares).  The Company expresses no opinion as to the market
value of the Companys common stock.

State the number of shares outstanding of each of the issuers classes of
common equity, as of the latest practicable date: 770,000 shares of $.001
par common as of September 30, 2005.

Documents incorporated by reference: See Item 13, Exhibits and Reports.

PART I


ITEM 1. DESCRIPTION OF BUSINESS

HISTORY AND ORGANIZATION

Dolphin Productions, Inc., (the Company) was organized under the laws of
the state of Nevada on June 26, 1998.  The Company has provided musical
and other performance services for concerts and public events.  During the
fiscal year ended September 30, 2003, the Company determined to shift its
emphasis away from the presentation of concerts and toward the Internet
marketing of recorded music.  The Company has not presented live musical
concerts during the last two fiscal years.  The Company owns the rights to
the domain name dolphinproductions.net.  The Company has encountered
substantial competitive, legal, technological and financial obstacles to
its entry into the business of marketing recorded music through the
Internet.  The Company has not generated substantial revenues from
Internet marketing of musical properties.


ITEM 2. DESCRIPTION OF PROPERTIES

In order to conserve cash, the Company closed its business office at 39
Exchange Place in Salt Lake City, Utah.  The Company conducts limited
operations through a single retail music store located at 5450 Green
Street in Murray, Utah.  A member of the Companys board of directors is
the president of the corporate operator of the retail music store.  The
Company does not pay rent for its limited use of the retail music store.


ITEM 3. LEGAL PROCEEDINGS

None.


ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS

None.


PART II


ITEM 5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

The Common Stock is quoted and traded over the OTC Bulletin Board under
the symbol DPNP.

RECENT SALES OF UNREGISTERED SECURITIES

No unregistered shares of the Companys common stock were issued or sold by
the Company during the fiscal year ended September 30, 2005.  See
Statement of Stockholders Equity within the attached Financial Statements,
together with the Notes to Financial Statements.



ITEM 6.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION


Liquidity and Capital resources

Total assets of the Company at September 30, 2005, were $10,683 consisting
entirely of cash.  As of September 30, 2004, the Company had a cash
balance of $21,002 for a net decrease in cash of $10,319 during the year.
At September 30, 2005, the Company had available unused operating loss
carryforwards of approximately $45,200 which may be applied against future
taxable income and which expire in 2025.  See the Financial Statements and
the Notes thereto.

Liabilities of the Company as of September 30, 2005, totaled $159.  See
Balance Sheet.

Results of Operations

The Company generated Revenues of $1201 during the fiscal year ended
September 30, 2005.  All revenues were generated from the sale of compact
disks into the retail market.  No Revenues were generated from the sale of
music through the Internet.  The Company has encountered significant
competitive, technological, legal and financial barriers to its entry into
the Internet marketing business.  The Company has no assurance or current
expectation that it will generate revenues in the future from the sale of
recorded music over the Internet or that it will be able to generate
revenues in the future.

The Net Loss for the year 2005 was ($6,505) (a loss of $0.01 per share)
compared to a Net Loss of ($14,136) in 2004 (a loss of $0.03 per share).

The Company generated nominal revenue from the sale of compact discs, but
has not generated any revenues from the Internet marketing of recorded
music.  The Company has no assurance that its present cash reserves will
be sufficient to carry out a successful business plan.

Cautionary Statement Regarding Forward-Looking Statements

Statements made in this document that express the Company's or
management's
Intentions, plans, beliefs, expectations or predictions of future events,
are "forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as  amended, and are made pursuant to and in
reliance on the safe  harbor provisions of such sections.  The words
"believe", "expect","intend", "estimate", "anticipate", "will" and similar
expressions are intended to further identify such forward-looking
statements, although not all forward-looking statements contain these
identifying  words.  Those statements are based on many assumptions and
are subject to many known and unknown risks,  uncertainties and other
factors that could cause the Company's actual  activities, results or
performance to differ  materially from those anticipated or projected in
such forward-looking statements, including risk factors summarized below.
The Company cannot guarantee future results, levels of activity,
performance or achievements and investors should not place undue reliance
on the Company's forward-looking statements.  The forward-looking
statements contained herein represent the judgment of the Company as of
the  date of this document, and the Company expressly disclaims any
intent,  obligation or undertaking to update or revise such  forward-
looking statements to reflect any change in the Company's expectations
with regard thereto or any changes in events, conditions or circumstances
on which any such statements are based.

Risk Factors

Factors that could cause the Company's actual activities and results of
performance to differ materially from the Company's or management's
intentions, plans, beliefs, expectations or predictions of future events
include risks and uncertainties relating to the following:

The Company has lost money historically and has embarked upon an
enterprise in which it has no experience or operating history.  The
Company had net losses for the years ended September 30, 2005 and 2004.
The Company's operations are not likely to be profitable in the near
future.  If the Company is not profitable in the near future, the Company
will likely have difficulty sustaining its operations or obtaining funds
to continue its operations.  The Company competes against companies that
are more experienced, better capitalized, and that have access to better
technology.  The Company's ability to grow and to compete will likely be
constrained by its lack of capital, its lack of competitive technology and
its lack of experience in the marketplace.

The Company is not likely to generate or acquire sufficient cash flow from
operations to meet its future  obligations or to implement a successful
business plan.

The Company may seek to acquire assets that complement and/or enhance the
Companys transition into the Internet marketing business.  The Company may
not be able to negotiate, finance or close such  acquisitions.  The
Company may not be able to negotiate such acquisitions on acceptable terms
or at all.  If such acquisitions are successfully  negotiated,  the terms
thereof may require the Company to incur additional indebtedness or issue
additional equity securities.  The Company may not be able to obtain such
financing on acceptable terms or at all.

The terms and conditions of acquiring businesses or assets could adversely
affect the value of the Company's stock.  In order to consummate
acquisitions, the Company may be required to take action that could
adversely affect the value of the Company's stock, such as issuing
additional shares of common stock, convertible  preferred stock,
convertible subordinated debt, or other equity-linked securities,
resulting in the likely dilution of existing shareholder interests or in
other adverse effects upon existing shareholders; undertaking  a reverse
stock split; changing the name, Board of Directors, or officers of the
Company; entering into new lines of business; forming business
combinations or strategic  alliances with potential business partners; or
taking other actions. Any one or more of these actions may adversely
affect the Company and the value of the Company's common stock.

The Company's success may depend on its ability to attract and retain key
personnel who are capable of managing growth in e-commerce.

Weak general economic and business conditions may adversely affect the
Company's revenues and operating margins.  Weak general economic and
business  conditions, international tensions and wars, globally,
nationally, regionally or locally, may have a significant  adverse  effect
on the Company's revenues and operating margins.

The Company faces competition from competitors that are larger, more
established and better capitalized.  Competition in the Internet marketing
and music industries are intense.  If the Company fails to compete
successfully against current or future competitors, the Company's
business, financial  condition and operating results would be seriously
harmed.

Some of the Company's competitors may develop technologies, markets and
inventories that are superior to, or have greater market acceptance than,
the technologies and inventory that the Company may develop, acquire or
offer.

The Companys interests in intellectual property rights are revocable.  The
Company estimates that its inventory of recorded music and property rights
has no value.

The Company's success depends upon the continued use of the Internet as a
means for marketing original music and the ability of the Company to
compete against larger and better capitalized companies that have an
existing presence in the marketplace.

Increasing government regulations or taxation could adversely affect the
Company's business.  The Company is affected not only by regulations
applicable to  businesses  generally,  but also by laws,  regulations  and
taxes  directly applicable to e-commerce.  Legislation, regulation or tax
changes could dampen the growth of the Internet and decrease its
acceptance as a commercial medium.  If such a decline occurs, the decrease
in the demand for the Company's services would seriously harm the
Company's business and operating results.  Any new laws, regulation and
taxes may govern, restrict, tax or affect any of the following issues:
user privacy, the pricing and taxation  of goods and services offered over
the Internet;  the content of web sites;  consumer protection; and the
characteristics and quality of products and services offered over the
Internet.

The Company seeks to acquire intellectual property rights to music and
other artistic creations.  With limited financial resources, the Company
may be unable to protect the Company's intellectual property rights, if
any should be acquired.  The Company may not be able to safeguard, or
deter misappropriation of, the Company's inventory of intellectual
property rights.  In addition, the  Company may not be able to detect
unauthorized use of the Company's intellectual property and take
appropriate steps to enforce the  Company's  rights.  If third parties
infringe or misappropriate the Company's copyrights, or other proprietary
information or intellectual property, the Company's business could be
harmed.  In addition, although the Company believes that its proprietary
rights do not infringe the intellectual  property rights of others, other
parties may assert infringement claims against the Company or claim that
the Company has violated intellectual  property rights.  Such claims, even
if not true, could result in significant legal and other costs and may be
a distraction to the Company's management.

The market for the Company's common stock is small and few shares are
traded. Consequently, shareholders may find it difficult to sell their
common stock in the Company.

A significant portion of the Company's stock is owned by insiders.  The
current directors and officers of the Company beneficially own a
significant percentage of the Company's outstanding shares of common
stock.  Accordingly,  these stockholders will have substantial influence
over the Company's  policies and management.

The Company has not paid dividends and does not expect to do so in the
foreseeable future.  The Company has not paid dividends since its
inception and does not expect to in the foreseeable future, so the
Company's stockholders will not be able to receive any return on their
investment  without selling their shares.  The Company  presently
anticipates that all earnings, if any, will be retained for development of
the Company's business. Any future dividends will be subject to the
discretion of the Board of Directors and will depend on, among other
things, the Company's future earnings,  operating and financial condition,
capital requirements, and general business conditions.

SEGMENT ANALYSIS

All of the Company's operations are conducted within a single operating
segment.


ITEM 7.  FINANCIAL STATEMENTS


The financial statements of the Company are set forth immediately
following the signature page to this form 10-KSB.


ITEM 8.  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
         FINANCIAL DISCLOSURE


Furnish the information required by Item 304(b) of Regulation S-B:  None.


ITEM 8A: CONTROLS AND PROCEDURES


Furnish the information required by Items 307 of Regulation S-B (17 CFR
228.307) and 308 (17 CFR.308) of Regulation S-B.

     The Company's principal executive officer and principal financial
officer are responsible for establishing and maintaining disclosure
controls and procedures (as defined in Exchange Act Rules 13a-15(e) and
15d-15(e)) and internal control over financial reporting (as defined in
Exchange Act Rules 13a-15(f) and 15d-15(f)) for the Company and have: (1)
designed such disclosure controls and procedures to ensure that material
information relating to the Company is made known to them, particularly
during the period in which the periodic reports are
being prepared; (2) designed such internal control over financial
reporting to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for
external purposes in accordance with generally accepted accounting
principles; (3) evaluated the effectiveness of the Company's disclosure
controls and procedures as of the end of the fiscal year, September 30,
2005, (the "Evaluation Date").
     In connection with the preparation of periodic financial
statements, all corporate officers and directors are provided with
complete summaries of all corporate transactions.  In effect, the board of
directors reviews each of the Companys transactions.
     Based on their evaluation of disclosure controls and procedures as of
the Evaluation Date, the principal executive officer and the principal
financial officer have concluded that nothing indicated: (1) any
significant deficiencies in the design or operation of internal controls
which could adversely affect the Company's ability to record, process,
summarize and report financial data; (2) any fraud, whether or not
material, that involves management or other employees who have a
significant role in the Company's internal controls; or (3) any material
weaknesses in internal controls that have been or should be identified for
the Company's auditors and disclosed to the Company's auditors and the
audit committee of the board of directors.

     Changes in internal control over financial reporting. There was no
significant change in the Company's internal control over financial
reporting that occurred during the most recent fiscal year that has
materially affected, or is reasonably likely to materially affect, the
Company's internal control over financial reporting.


Item 8B: OTHER INFORMATION


Disclose any information required to be disclosed in a report on Form 8-K
during the fourth quarter (ending September 30, 2005): None.



PART III


ITEM 9.  DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL
         PERSONS; COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT


The following table sets forth the executive officers, directors and
significant employees of the Company:

Name                                         Age and Office

Richard H. Casper:      Age: 60. President, Director and Chairman of the
                        Board of Directors.

Scott S. Summerhays:    Vice President and Director.

Kristy Chambers, CPA:   Director, Secretary and Chair of Audit Committee.

Pamela Lindquist:       Director, vice-president, chief accounting
                        officer and assistant secretary.

     The following are biographical summaries of the experience of the
officers and directors of the Company:

Richard H. Casper:      Attorney since 1982.  Member of the Utah State Bar.
                        Masters degree in Business Administration (MBA) from
                        University of Utah (1975); practiced as CPA in
                        California, Idaho and Utah between 1970 and 1982.
                        Executive vice president of trucking company from
                        1974-1979.  For the last five years, Mr. Casper has
                        been a self-employed attorney and business consultant.
                        He has been president and chairman of the board of
                        directors of the Company since its inception.

Scott S. Summerhays:    B.S. Degree from University of Utah (1989).
                        Masters degree in Business Administration (MBA) from
                        University of Utah (1991).  Honors Graduate, Deans
                        Scholar.  President and Chief Operating Officer of
                        Summerhays Music Centers, the largest dealer of music
                        instruments in Utah.  For the last five years, Mr.
                        Summerhays has been employed by Summerhays Music
                        Centers, Inc.  He has been a director since December
                        of 2002.   Owns 5,000 shares of stock, acquired in
                        September, 2004, as compensation.

Kristy Chambers:        Bachelor of Arts degree from UCLA; masters degree
                        in taxation from Washington School of Law.  Certified
                        Public Accountant (CPA) licensed in California and
                        Utah.  Currently Chief Financial Officer of Planned
                        Parenthood of Utah (PPU).  During the last five years,
                        she has been comptroller and chief financial officer
                        of PPU, of Planned Parenthood of Utah, and of McCall
                        Management.  She has been an officer of the Company
                        from its inception in 1998.  Owns 6,000 shares of the
                        Companys stock, including 5,000 shares acquired in
                        September of 2004 as compensation.

Pamela Lindquist:       Holds a bachelors degree from Brigham Young
                        University.  For the last five years, she has been a
                        self-employed musician and private investigator.  She
                        has been an officer and director of the Company since
                        its inception in 1998, with the exception of a two-
                        month hiatus between November of 2002 and January of
                        2003.  Owns 20,000 shares of the Companys stock,
                        including 5,000 shares obtained as compensation in
                        September, 2004, and 10,000 shares purchased as part
                        of the Companys private placement of stock in
                        September of 2004.


     Audit Committee: At a meeting of the board of directors held on March
18, 2003, the Company formed an Audit and Compensation Committee chaired
by Kristy Chambers, CPA.  She is a CPA licensed to practice within the
state of Utah and is the audit committee financial expert.  As an officer
of the Company, she is not independent as that term is used in Item
7(d)(3)(iv) of Schedule 14A under the Exchange Act.

     All officers and directors devote full-time to other business,
employment or professional pursuits.  No officer or director devotes, on
average, more than four hours per month to the business of the Company.

     No compensation was awarded or paid to any officers or directors
during the fiscal year ended September 30, 2005.  During the previous
fiscal year ended September 30, 2004, the Company issued 25,000 shares of
stock to officers and directors, but the Company currently has no plan or
commitment to pay any officers or directors in cash or stock in the
future.

     All directors hold office until the next annual meeting of
stockholders and until their successors have been duly elected and
qualified.  There are no agreements with respect to the election of
directors.  Other than the Audit and Compensation Committee, the Company
does not have any standing committees.

To the knowledge of management, during the past five years, no present or
former director or executive officer of the Company:

(1) filed a petition under the federal  bankruptcy laws or any state
insolvency law, nor had a receiver,  fiscal agent or similar  officer
appointed by a court for the business or property of such person, or any
partnership in which he was a general partner at or within two years
before the time of such filing, or any corporation or business association
of which such person was an executive officer at or within two years
before the time of such filing;

(2) was convicted in a criminal proceeding or named subject of a  pending
criminal proceeding (excluding traffic violations and other minor
offenses);

(3) was the subject of any order, judgment or decree, not subsequently
reversed, suspended or vacated, of any court of competent jurisdiction,
permanently or temporarily enjoining such person from or otherwise
limiting,  the following activities:
(i)  acting as a futures commission merchant, introducing  broker,
commodity trading advisor, commodity pool operator, floor broker, leverage
transaction merchant, associated  person of any of the foregoing, or as an
investment advisor, underwriter, broker or dealer in securities, or as an
affiliate person, director or employee of any investment company, or
engaging in or continuing any conduct or practice in connection with such
activity;
(ii) engaging in any type of business practice; or
(iii)  engaging in any activity in connection with the purchase or sale of
any security or commodity or in  connection with any violation of federal
or statesecurities laws or federal commodities laws;

(4)  was the subject of any order, judgment, or decree, not subsequently
reversed, suspended, or vacated, of any federal or state  authority
barring, suspending, or otherwise limiting for more than 60 days the right
of such personto engage in any activity  described  above,  or to be
associated  with persons engaged in any such activity;

(5) was found by a court of competent jurisdiction in a civil action or by
the Securities and Exchange Commission to have violated any federal or
state securities law, and the judgment in such civil action or finding by
the Securities and Exchange Commission has not been subsequently reversed,
suspended, or vacated; or

(6) was found by a court of competent  jurisdiction  in a civil action or
by the Commodity Futures Trading Commission to have violated any federal
commodities law, and the judgment in such civil action or finding by the
Commodity Futures Trading Commission has not been subsequently reversed,
suspended or vacated.

COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT

     The Company is not subject to the requirements of Section 16(a) of the
Exchange Act.



ITEM 10.  EXECUTIVE COMPENSATION


SUMMARY COMPENSATION TABLE

During the fiscal year ended September 30, 2005, the Company paid no
compensation to any of its officers or directors.

Bonuses and Deferred Compensation

      None

Compensation Pursuant to Plans.

     None.

Pension Table

     None.

Other Compensation

     None.

Compensation of Directors.

     None.

Employment Contracts and Termination of Employment, and Change-in-Control
Arrangements.

     There are no compensatory plans or arrangements, including payments
to be received from the Company, with respect to any person.



ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT


The following table sets forth certain information regarding beneficial
ownership of the Companys Common Stock as of September 30, 2005 for: (i)
each person who is known by the Company to own beneficially more than 5%
of the outstanding shares of Common Stock, (ii) each  director of the
Company, (iii) each of the named executives and (iv) all directors and
executive officers of the Company as a group.  The following table is
unchanged from September 30, 2004, when there were likewise 770,000 shares
of Common Stock issued and outstanding.


Name and Address of    Amount and Nature     Percent of Class (1)
Beneficial Owner       of
                       Beneficial
                       Ownership

Richard H. Casper      489,000 shares held   63.506 %
President, Director    as Personal
and                    Holdings (206,500
Chairman of the        shares) and by
Board                  rules of
2068 Haun Avenue       attribution for
Salt Lake City, Utah   beneficial
84121                  interests held by
                       Casper Partners,
                       LC, (282,500
                       shares) a Utah
                       limited liability
                       company controlled
                       by Mr. Casper

Scott S. Summerhays  5000                  0.65%
Director

Kristy Chambers
Secretary, Director  6000                  0.780%


Pamela Lindquist     20000                 2.597%
Director, Vice-
President

Directors and
Officers as a Group:    520,000 shares    67.60%


Note (1):  Based on 770,000 shares of common stock outstanding as of
September 30, 2005 and 2004.



ITEM 12.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS


TRANSACTIONS WITH MANAGEMENT AND OTHERS

During the fiscal year ended September 30, 2005, the company paid $975 to
Kristy Chambers, a director, secretary and chair of the Audit and
Compensation Committee for the preparation of the Companys income tax
returns.

During the fiscal year ended September 30, 2005, the Company has utilized
for its general operations a portion of Summerhays Music Company, without
rent, at 5450 Green Street, Murray, Utah.  Scott Summerhays, a director
and vice-president of the Company, is President of the Summerhays Music
Company.

TRANSACTIONS WITH PROMOTERS

None.



ITEM 13. EXHIBITS AND REPORTS


(a)(1)FINANCIAL STATEMENTS. The following financial statements are filed
as part of this report:

Title of Document
-----------------
Report of Pritchett, Siler & Hardy, Certified Public Accountants

Independent Auditors Report

Balance Sheet, September 30, 2005

Statements of Operations, for the years ended September 30, 2005, and
2004, and from inception on June 26, 1998, through September 30, 2005.

Statement of Stockholders' Equity from inception on June 26, 1998, through
September 30, 2005.

Statements of Cash Flows for the years ended September 30, 2005, and 2004
and from inception on June 26, 1998 through September 30, 2005.

Notes to Financial Statements

 (a)(2)FINANCIAL STATEMENT SCHEDULES.  The following financial statement
schedules are included as part of this report:

     See Notes to Financial Statements.

 (a)(3)EXHIBITS.  The following exhibits are filed as part of this report:

     See schedules contained within Financial Statements.



ITEM 14.  PRINCIPAL ACCOUNTANT FEES AND SERVICES


Audit Fees: The aggregate fees billed for each of the last two fiscal
years for professional serviced rendered by the principal accountant for
the audit of the Companys annual financial statement and review of
financial statements included in the Companys 10-QSB reports and services
normally provided by the accountant in connection with statutory and
regulatory filings or engagements were $4,875 for the fiscal year ended
September 30, 2005 and $3,690 for the fiscal year ended September 30,
2004.

Audit-Related Fees: The aggregate fees billed in each of the last two
fiscal years for assurance and related services by the principal
accountant that are reasonably related to the performance of the audit or
review of the Companys financial statements that are not reported above
were $0 for the fiscal year ended September 30, 2005 and $0 for the fiscal
year ended September 30, 2004.

Tax Fees: The aggregate fees billed in each of the last two fiscal years
for professional services rendered by the principal accountant for tax
compliance, tax advice, and tax planning were $0 for the fiscal year ended
September 30, 2005 and $0 for the fiscal year ended September 30, 2004.

All Other Fees: The aggregate fees billed in each of the last two fiscal
years for products and services provided by the principal accountant,
other than the services reported above were $0 for the fiscal year ended
September 30, 2005 and $0 for the fiscal year ended September 30, 2004.

At a meeting of the board of directors held on March 18, 2003, the Company
formed an Audit and Compensation Committee chaired by Kristy Chambers,
CPA.  She is a director and corporate secretary.  She is a CPA licensed to
practice within the state of Utah and is the audit committee financial
expert.  As an officer of the Company, she is not independent as that term
is used in Item 7(d)(3)(iv) of Schedule 14A under the Exchange Act.  With
advice from the Audit Committee, the board of directors has approved the
scope and cost of the engagement of the Companys auditor.  The Company
does not rely upon pre-approval policies and procedures.

REPORTS ON FORM 8-K.

     See 8-K dated March 21, 2005.  Press release concerning trial
operation of web site.

                                SIGNATURES

In  accordance  with  Section 13 or 15(d) of the Exchange  Act,  the
registrant caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized on this 27th day of December, 2005.


                                Dolphin Productions, Inc.


                                By: /s/ Richard H. Casper
                                ----------------------------------
                                Richard H. Casper
                                President and Chief Executive Officer

In accordance with the Exchange Act, this report has been signed below by
the following persons on behalf of the registrant and in the capacities
and on the dates indicated on this 27th day of December, 2005.

Signature                               Title

/s/ Richard H. Casper           Chairman and President
------------------------
Richard H. Casper


/s/ Pamela Lindquist            Director and Chief Financial Officer
------------------------
Pamela Lindquist


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: December 27, 2005                     /s/ Richard H. Casper



                                             ---------------------

                                           Richard H. Casper, President









<PAGE>


                         DOLPHIN PRODUCTIONS, INC.
                       [A Development Stage Company]

                           FINANCIAL STATEMENTS

                            SEPTEMBER 30, 2005




















<PAGE>




                         DOLPHIN PRODUCTIONS, INC.
                       [A Development Stage Company]




                                 CONTENTS

                                                          PAGE

        -   Report of Independent Registered Public
             Accounting Firm                                 1


        -   Balance Sheet, September 30, 2005                2


        -   Statements of Operations, for the years ended
             September 30, 2005 and 2004 and from
             inception on June 26, 1998 through
             September 30, 2005                              3


        -   Statement of Stockholders' Equity from
             inception on June 26, 1998 through
             September 30, 2005                              4


        -   Statements of Cash Flows, for the years ended
             September 30, 2005 and 2004 and from
             inception on June 26, 1998 through
             September 30, 2005                              5


        -   Notes to Financial Statements                6 - 9





<PAGE>


                         DOLPHIN PRODUCTIONS, INC.
                       [A Development Stage Company]

                               BALANCE SHEET


                                  ASSETS

                                                     September 30,
                                                         2005
                                                     ____________
CURRENT ASSETS:
  Cash                                               $     10,683
                                                     ____________
        Total Current Assets                               10,683
                                                     ____________
                                                     $     10,683
                                                     ____________


                   LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:
  Utah Sales Tax Payable                                       59
  Utah Franchise Tax Payable                                  100
                                                     ____________
        Total Current Liabilities                             159
                                                     ____________

STOCKHOLDERS' EQUITY:
  Common stock, $.001 par value,
   50,000,000 shares authorized,
   770,000 shares issued and
   outstanding                                                770
  Capital in excess of par value                           55,230
  Deficit accumulated during the
   development stage                                      (45,476)
                                                     ____________
        Total Stockholders' Equity                         10,524
                                                     ____________
                                                     $     10,683
                                                     ____________














 The accompanying notes are an integral part of this financial statement.

                                     - 2 -


<PAGE>


                         DOLPHIN PRODUCTIONS, INC.
                       [A Development Stage Company]

                         STATEMENTS OF OPERATIONS


                                          For the         From Inception
                                        Year Ended          on June 26,
                                       September 30,       1998 Through
                                  ______________________   September 30,
                                     2005        2004          2005
                                  __________  __________  ______________
REVENUE                           $    1,201  $        -  $       39,091

COST OF GOODS SOLD                       300           -             300
                                  __________  __________  ______________
GROSS PROFIT                             901           -          38,791
                                  __________  __________  ______________
EXPENSES:
  Selling                                  -           -           4,561
  General and administrative           7,417      14,111          79,398
                                  __________  __________  ______________
      Total Expenses                   7,417      14,111          83,959
                                  __________  __________  ______________

LOSS FROM OPERATIONS                  (6,516)    (14,111)        (45,168)
                                  __________  __________  ______________

OTHER INCOME (EXPENSE)
  Interest revenue                        11           -              11
  Interest expense                         -         (25)            (25)
                                  __________  __________  ______________
        Total Other Income
         (Expense)                        11         (25)            (14)
                                  __________  __________  ______________
LOSS BEFORE INCOME TAXES             ( 6,505)    (14,136)        (45,182)

CURRENT TAX EXPENSE (BENEFIT)              -           -             294

                                  __________  __________  ______________

NET INCOME (LOSS)                 $   (6,505)    (14,136)        (45,476)
                                  __________  __________  ______________

EARNINGS (LOSS) PER
  COMMON SHARE                    $     (.01) $     (.03) $         (.08)
                                  __________  __________  ______________








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

                                     - 3 -


<PAGE>


                         DOLPHIN PRODUCTIONS, INC.
                       [A Development Stage Company]

                     STATEMENT OF STOCKHOLDERS' EQUITY

                      FROM INCEPTION ON JUNE 26, 1998

                        THROUGH SEPTEMBER 30, 2005

                                                                  Deficit
                                                                Accumulated
                                  Common Stock      Capital in  During the
                              _____________________ Excess of   Development
                                Shares     Amount   Par Value      Stage
                              __________ __________ __________ _____________
BALANCE, June 26, 1998                 - $        - $        - $           -

Issuance of 500,000 shares
  of common stock for cash
  of $2,000, or $.004 per
  share, June 1998               500,000        500      1,500             -

Net income (loss) for the
  period ended September 30,
  1998                                 -          -          -             -
                              __________ __________ __________ _____________
BALANCE, September 30, 1998      500,000        500      1,500             -

Issuance of 20,000 shares of
  common stock for cash of
  $4,000, or $.20 per share,
  January 1999                    20,000         20      3,980             -

Net (loss) for the year ended
  September 30, 1999                   -          -          -        (6,404)
                              __________ __________ __________ _____________
BALANCE, September 30, 1999      520,000        520      5,480        (6,404)

Net income for the year ended
  September 30, 2000                   -          -          -         2,184
                              __________ __________ __________ _____________
BALANCE, September 30, 2000      520,000        520      5,480        (4,220)

Net income for the year ended
  September 30, 2001                   -          -          -         4,331
                              __________ __________ __________ _____________
BALANCE, September 30, 2001      520,000        520      5,480           111

Net (loss) for the year ended
  September 30, 2002                   -          -          -          (519)
                              __________ __________ __________ _____________
BALANCE, September 30, 2002      520,000        520      5,480          (408)

Net (loss) for the year ended
  September 30, 2003                   -          -          -       (24,427)
                              __________ __________ __________ _____________
BALANCE, September 30, 2003      520,000        520      5,480       (24,835)

Issuance of 225,000 shares
  of common stock for cash
  of $45,000, or $.20 per
  share, September 2004          225,000        225     44,775             -

Issuance of 25,000 shares
  of common stock for
  services valued at $5,000,
  or $.20 per share,
  September 2004                  25,000         25      4,975             -

Net (loss) for the year ended
  September 30, 2004                   -          -          -       (14,136)
                              __________ __________ __________ _____________
BALANCE, September 30, 2004      770,000        770     55,230       (38,971)

Net (loss) for the year ended
  September 30, 2005                   -          -          -        (6,505)
                              __________ __________ __________ _____________
BALANCE, September 30, 2005      770,000 $      770 $   55,230 $     (45,476)
                              __________ __________ __________ _____________





 The accompanying notes are an integral part of this financial statement.

                                     - 4 -


<PAGE>


                         DOLPHIN PRODUCTIONS, INC.
                       [A Development Stage Company]

                         STATEMENTS OF CASH FLOWS


                                              For the         From Inception
                                            Year Ended          on June 26,
                                           September 30,       1998 Through
                                      ______________________   September 30,
                                         2005        2004          2005
                                      __________  __________  ______________
Cash Flows from Operating Activities:
 Net income (loss)                    $   (6,505) $  (14,136) $      (45,476)
 Adjustments to reconcile net income
   to net cash provided by operating
   activities:
  Non-cash expense for services
    rendered                                   -       5,000           5,000
  Changes in assets and liabilities:
    (Increase) decrease in income
      taxes receivable                       730           -               -
    Increase (decrease) in accounts
      payable                             (1,709)        649               -
    Increase (decrease) in accrued
      expenses - related party                 -     (21,500)              -
    Increase (decrease) in accrued
      payroll taxes                       (2,994)      2,994               -
    Increase (decrease) in income
      taxes payable                          100           -             100
    Increase (decrease) in sales
      tax payable                             59           -              59
                                      __________  __________  ______________
     Net Cash Provided (Used) by
       Operating Activities              (10,319)    (26,993)        (40,317)
                                      __________  __________  ______________

Cash Flows from Investing Activities           -           -               -
                                      __________  __________  ______________
     Net Cash Provided by
       Investing Activities                    -           -               -
                                      __________  __________  ______________

Cash Flows from Financing Activities:
 Proceeds from issuance of common
   stock                                       -      45,000          51,000
                                      __________  __________  ______________
     Net Cash Provided by
       Financing Activities                    -      45,000          51,000
                                      __________  __________  ______________

Net Increase (Decrease) in Cash and
  Cash Equivalents                       (10,319)     18,007          10,683

Cash and Cash Equivalents at
  Beginning of Period                     21,002       2,995               -
                                      __________  __________  ______________
Cash and Cash Equivalents at End
  of Period                           $   10,683  $   21,002  $       10,683
                                      __________  __________  ______________
Supplemental Disclosures of Cash Flow Information:
 Cash paid during the period for:
   Interest                           $        -  $       25  $           25
   Income taxes                       $        -  $        -  $        1,024

Supplemental Schedule of Non-cash Investing and Financing Activities:
  For the year ended September 30, 2005:
     None.

  For the year ended September 30, 2004:
     In September 2004, the Company issued 25,000 shares of common stock for
     services rendered valued at $5,000.


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

                                     - 5 -


<PAGE>


                         DOLPHIN PRODUCTIONS, INC.
                       [A Development Stage Company]

                       NOTES TO 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.

  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.

  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  years  ended September 30, 2005 and 2004,  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].

                                     - 6 -


<PAGE>


                         DOLPHIN PRODUCTIONS, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Continued]

  Earnings  (Loss) Per Share - The computation of earnings (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 7].

  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. 151, "Inventory Costs - an amendment of ARB No. 43,
  Chapter  4",  SFAS  No.  152,  "Accounting for  Real  Estate  Time-Sharing
  Transactions  - an amendment of FASB Statements No. 66 and  67",  SFAS  No
  153,  "Exchanges of Nonmonetary Assets - an amendment of APB  Opinion  No.
  29",  SFAS No. 123 (revised 2004), "Share-Based Payment", and SFAS No 154,
  "Accounting  Changes and Error Corrections - a replacement of APB  Opinion
  No.  20  and FASB Statement No. 3", were recently issued.  SFAS Nos.  151,
  152, 153, 123 (revised 2004) and 154 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 years prior  to  September
  30,   2005  have  been  reclassified  to  conform  to  the  headings   and
  classifications used in the September 30, 2005 financial statements.

NOTE 2 - CAPITAL STOCK

  Common Stock - During September of 2004, the Company issued 225,000 shares
  of its previously authorized but unissued common stock for cash of $45,000
  (or $.20 per share).

  During  September  of  2004,  the Company  issued  25,000  shares  of  its
  previously  authorized  but unissued common stock  for  services  rendered
  valued at $5,000 (or $.20 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).

  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).

  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.

                                     - 7 -


<PAGE>


                         DOLPHIN PRODUCTIONS, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 3 - RELATED PARTY TRANSACTIONS

  Management  Compensation  and Accrued Expenses -  Salary  expense  to  the
  Company's  President  for  the years ended September  30,  2005  and  2004
  amounted  to  $0  and $2,320, respectively.  At September  30,  2005,  the
  Company owes a total of $0 in accrued salary to the Company's President.

  Legal Services and Accrued Expenses - During the years ended September 30,
  2005  and  2004,  respectively,  the Company's  President  provided  legal
  services of $0 and $0 to the Company.  At September 30, 2005, the  Company
  owes a total of $0 in accrued legal fees to the Company's 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
  September  30,  2005,  the  Company has available  unused  operating  loss
  carryforwards  of  approximately $45,200, which  may  be  applied  against
  future taxable income and which expire in 2025.

  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 $6,800
  and  $5,800  as  of  September 30, 2005 and 2004,  respectively,  with  an
  offsetting valuation allowance of the same amount, resulting in  a  change
  in  the valuation allowance of approximately $1,000 during the year  ended
  September 30, 2005.

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 incurred losses in  recent  years.   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.

                                     - 8 -


<PAGE>


                         DOLPHIN PRODUCTIONS, INC.
                       [A Development Stage Company]

                       NOTES TO FINANCIAL STATEMENTS

NOTE 6 - CONTRACTS

  During  the  year ended September 30, 2005, the Company entered  into  two
  contracts  with  musicians  for the non-exclusive,  worldwide  license  to
  publish  their  music.  The contracts are cancellable by  written  notice.
  The loss of either of these contracts could adversely affect the Company's
  business and financial condition.

NOTE 7 - EARNINGS (LOSS) PER SHARE

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

                                              For the         From Inception
                                            Year Ended          on June 26,
                                           September 30,       1998 Through
                                      ______________________   September 30,
                                         2005        2004          2005
                                      __________  __________  ______________
    Net loss available to common
    shareholders (numerator)          $   (6,505) $  (14,136) $      (45,476)
                                      __________  __________  ______________
    Weighted average number of
    common shares outstanding used
    in loss per share for the
    period (denominator)                 770,000     522,049         553,147
                                      __________  __________  ______________

  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.


                                     - 9 -