EXHIBIT 2 JOINT REPORTING AGREEMENT In consideration of the mutual covenants herein contained, each of the parties hereto represents to and agrees with the other parties as follows: 1. Such party is eligible to file a statement or statements on...

 
                                   EXHIBIT 2

                           JOINT REPORTING AGREEMENT


          In consideration of the mutual covenants herein contained, each of the
parties hereto represents to and agrees with the other parties as follows:

          1.  Such party is eligible to file a statement or statements on
Schedule 13G pertaining to the Common Stock, $.01 par value, of Four Media
Company, to which this agreement is an exhibit, for filing of the information
contained herein.

          2.  Such party is responsible for the timely filing of such statement
and any amendments thereto and for the completeness and accuracy of the
information concerning such party contained therein, provided that no such party
is responsible for the completeness or accuracy of the information concerning
any other party making the filing, unless such party knows or has reason to
believe that such information is inaccurate.

          3.  Such party agrees that such statement is filed by and on behalf of
such party and that any amendment thereto will be filed on behalf of each such
party.


Dated:  February 17, 1998

                           TECHNICAL SERVICES PARTNERS, L.P., a Delaware limited
                           partnership
 
                           By:  Technical Services Holdings, Inc., a Delaware
                                corporation, its General Partner
 
 
 
                           By:  ______________________________ 
                                Its:__________________________




                    [SIGNATURES CONTINUE ON FOLLOWING PAGE]

 
                           TECHNICAL SERVICES HOLDINGS, INC., a Delaware
                           corporation
 
 
 
                           By:   ____________________________________
                           Its:  ____________________________________
 
 
                           STEINHARDT PARTNERS, L.P., a Delaware limited
                           partnership
 
 
 
                           By:________________________________________________
                              Xxxxxxx Xxxxxxxxxx, Its Managing General Partner
 
 
 
                           ___________________________________________________
                           Xxxxxxx Xxxxxxxxxx
 
 
 
                           ___________________________________________________
                           Xxxxxx X. Xxxxxxx