1 EXHIBIT 10.30 September 12, 1997 Mr. Irwin Meyer 12610 Promontory Road Los Angeles, CA90049 Re: AMENDMENT TO AGREEMENT Dear Mr. Meyer: Reference is hereby made to the certain agreement by and among THE PRODUCERS ENTERTAINMENT GROUP LTD. (the "Company"), a Delaware corporation, and IRWIN MEYER, dated as of the 1st day of October, 1995 (the "Agreement"). The parties hereby amend the Agreement to provide the following: The Term of this Agreement shall be and is extended through June 30, 2002. All other terms and conditions shall remain in full force and effect unless and until modified in writing and signed by the parties. If the aforementioned is agreed and accepted, please acknowledge same by executing as indicated below. Sincerely, ACCEPTED & AGREED: THE PRODUCERS ENTERTAINMENT GROUP LTD. _____________________ Irwin Meyer 2 - -------------------------------- By: Arthur H. Bernstein Senior Vice President