<TABLE> <S> <C>

<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED FINANCIAL STATEMENTS OF OVERSEAS FILMGROUP, INC. FOR THE YEAR
ENDED DECEMBER 31, 1996 ON PAGES F-1 THROUGH F-16 OF OVERSEAS FILMGROUP, INC.'S
FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS INCLUDING THE NOTES THERETO.
</LEGEND>

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                         399,726
<SECURITIES>                                         0
<RECEIVABLES>                               11,141,239
<ALLOWANCES>                                 1,000,000
<INVENTORY>                                 28,358,324<F1>
<CURRENT-ASSETS>                                     0
<PP&E>                                         557,127<F2>
<DEPRECIATION>                                 723,197<F2>
<TOTAL-ASSETS>                              40,803,685
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         5,778
<OTHER-SE>                                  12,185,988
<TOTAL-LIABILITY-AND-EQUITY>                40,803,685
<SALES>                                     28,677,571
<TOTAL-REVENUES>                            28,677,571
<CGS>                                       23,449,114
<TOTAL-COSTS>                                3,595,660
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                               250,000
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              1,665,269
<INCOME-TAX>                                 3,131,367<F3>
<INCOME-CONTINUING>                        (1,466,098)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (1,466,098)
<EPS-PRIMARY>                                     0.22<F4>
<EPS-DILUTED>                                        0
<FN>
<F1>SEE NOTE 4 TO THE CONSOLIDATED FINANCIAL STATEMENTS FOUND ON PAGE F-1
THROUGH F-16 OF OVERSEAS FILMGROUP, INC.'S FORM 10-K FOR THE YEAR
ENDED DECEMBER 31, 1996.
<F2>SEE NOTE 5 TO THE CONSOLIDATED FINANCIAL STATEMENTS FOUND ON PAGE F-1
THROUGH F-16 OF OVERSEAS FILMGROUP, INC.'S FORM 10-K FOR THE YEAR ENDED
DECEMBER 31, 1996.
<F3>SEE NOTE 7 TO THE CONSOLIDATED FINANCIAL STATEMENTS FOUND ON PAGE F-1
THROUGH F-16 OF OVERSEAS FILMGROUP, INC.'S FORM 10-K FOR THE YEAR
ENDED DECEMBER 31, 1996 REGARDING THE ONE TIME CHARGE TO INCOME AS A
RESULT OF THE CHANGE IN TAX STATUS FROM S TO C CORPORATION.
<F4>REPRESENTS PRO FORMA NET INCOME AS DESCRIBED IN NOTE 2 TO THE CONSOLIDATED
FINANCIAL STATEMENTS FOUND ON PAGE F-1 THROUGH F-16 OF OVERSEAS FILMGROUP,
INC.'S FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1996.
</FN>


</TABLE>