Family Room Entertainment Corporation (OTCBB: FMLY) together with its subsidiaries, engages in the development and production of motion pictures in the United States and Canada. It also provides production related services. The company was founded in 1969 as Cobb Resources Corporation and changed its name to Family Room Entertainment Corporation in 2000. Family Room Entertainment is headquartered in Beverly Hills, California. With 199.82 million shares outstanding and 44 shares declared short as of December 2006, there is a failure to deliver in shares of FMLY.