Exhibit 99.6
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[LETTERHEAD OF MATTHEWS STUDIO GROUP APPEARS HERE]


             Matthews Studio Group Announces $10,000,000 Investment
                             By ING Equity Partners



     BURBANK, CA (June 30, 1999) . . .  Matthews Studio Equipment Group (NASDAQ
SM: MATT) announced today the closing of a sale of a $10,000,000 senior
subordinated promissory note of the company to ING Equity Partners, L.P.I.  The
note will mature on June 30, 2005 but will be automatically converted to common
stock or such other security as may be offered by the company in a qualified
equity offering.  The proceeds from the transaction will be used for general
corporate purposes, including funding of capital expenditures and the further
development of Matthews' new Web Division, ShowbizMart.com.  In connection with
this transaction, Matthews' senior lenders have modified certain financial
covenants and other provisions of their credit agreement.

     ShowbizMart.com, which opened online June 21, 1999, is designed as an
online resource of choice for finding production suppliers, crew members,
equipment and expendables, selected production items and industry memorabilia,
travel and weather data, locations, news, online auctions, and more to help
facilitate production coordination and planning in the domestic United States
and North America.  ShowbizMart.com is being developed as a new network of Web
sites built for industry insiders as well as consumers and collectors of
entertainment-related production items and memorabilia.

     "This new investment re-emphasizes ING's strong commitment in Matthews
Studio Group's philosophy of building a "One-Stop" service to entertainment
producers and professionals nationwide, as well as in our new web division,
ShowbizMart.com.  ING has been a great partner for our company since 1995, and
we believe that their confidence in our strategy


enriches our growth potential," said Carlos D. DeMattos, Chairman and CEO of
Matthews Studio Group.

     Matthews Studio Group supplies lighting, grip, transportation, generators,
camera equipment, professional video and audio equipment, and complete
theatrical equipment and supplies to entertainment producers nationwide.  With
corporate offices in Burbank, Matthews Studio Group operates from a diverse
network of facilities throughout the United States, including locations in
California, New York, Arizona, New Mexico, Utah, Nevada, Tennessee, Texas, North
Carolina, Ohio, Florida, Washington and Baja California, Mexico.

Contact:   Carlos D. DeMattos
           Alan S. Unger
           Bret N. Weeks  (818) 525-5200