1 EXHIBIT 5.1 DEMPSEY & JOHNSON, P.C. 1925 CENTURY PARK EAST, SUITE 2350 LOS ANGELES, CALIFORNIA 90067-2724 TELEPHONE: (310) 551-2300 FACSIMILE: (310) 556-2021 Of Counsel: MICHAEL A. CROSS Direct Dial No. (310) 551-2345 March 6, 1996 The Producers Entertainment Group Ltd. 9150 Wilshire Boulevard Suite 205 Beverly Hills, California 90212 Re: REGISTRATION STATEMENT ON FORM S-3 Gentlemen: We have acted as counsel to The Producers Entertainment Group Ltd., a Delaware corporation (the "Company"), with respect to certain matters relating to the registration statement on Form S-3 (the "Registration Statement"), and amendments thereto, filed with the Securities and Exchange Commission for the purpose of registering for sale under the Securities Act of 1933, as amended, 125,000 shares of Company Common Stock to be owned by one Joe Cayre. Based on our review of the Restated Certificate of Incorporation of the Company, the By-Laws of the Company, the minutes of meetings of the Board of Directors and of the stockholders of the Company and written consents in lieu of such meetings, the stock ledger of the Company and such other documents and records as we have deemed necessary and appropriate, we are of the opinion that the Common Stock has been duly authorized and validly issued and is fully paid and nonassessable. We consent to the filing of this opinion as an exhibit to the Registration Statement including the amendments thereto and to the reference to us under the caption "Legal Matters" in the prospectus which is part of the Registration Statement. Very truly yours, /s/ DEMPSEY, & JOHNSON DEMPSEY, & JOHNSON, P.C. MDD/srs