EQUITY MARKETING INC
3, 1998-04-23
GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES)
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FORM 3

              U.S. SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C. 

    INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the
Investment Company Act of 1940

1.   Name and Address of Reporting Person*
     BOYD                     EDWARD
     (Last)                   (First)                  (Middle)

     c/o Equity Marketing, Inc.
     131 South Rodeo Drive
                              (Street)
     Beverly Hills            CA                       90212
     (City)                   (State)                  (Zip)

2.   Date of Event Requiring Statement 
     (Month/Day/Year) 
     4/13/98

3.   IRS or Social Security Number of Reporting Person (Voluntary)

4.   Issuer Name and Ticker or Trading Symbol: 
     Equity Marketing, Inc. (Nasdaq National Market: EMAK)

5.   Relationship of Reporting Person to Issuer 
     (Check all applicable)
     [ ]      Director
     [ ]      10% Owner
     [X]      Officer (give title below)
     [ ]      Other (specify below)
              Senior Vice President

6.   If Amendment, Date of Original 
     (Month/Day/Year)

7.   Individual or Joint/Group Filing 
     (Check applicable line)
     [X]      Form filed by One Reporting Person
     [ ]      Form filed by More than One Reporting Person


<TABLE>
<CAPTION>
        TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
</CAPTION>
<C>                                                                            

<C>                        <C>            <C>            <C>
1. Title of Security       2. Amount of   3. Ownership   4. Nature of
   (Instr. 4)              Securities     Form:          Indirect
                           Beneficially   Direct (D)     Beneficial
                           Owned          or Indirect    Ownership
                           (Instr. 4)     (I)            (Instr. 4)
                                          (Instr. 5)


</TABLE>
*  If the Form filed by more than one Reporting Person, see Instruction5(b)(v).
Reminder:  Report on a separate line for each class of securities
beneficially owned directly or indirectly. 
(Print or Type Responses)

<PAGE>

FORM 3 (continued)

<TABLE>
<CAPTION>

                TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
            (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
</CAPTION>

<C>              <C>           <C>             <C>       <C>         <C>
1.Title          2.Date Exer-  3.Title and      4.Conver-  5.Owner-    6.Nature
  of             cisable       Amt. of          sion or    ship        of In-
  Deri-          and Ex-       Securities       Exercise   Form        direct
  vative         piration      Underlying       Price of   of Deri-    Benefi-
  Security       Date (Month/  Derivative       Deri-      vative      cial
  (Instr.4)      Day/Year)     Security         vative     Security;   Owner-
                               (Instr.4)        Security   Direct(D)   ship
                                                           or Indi-    (Instr.
                                                           rect(I)     5)
                                                           (Instr.5)
                 
                 <C>   <C>     <C>    <C>
                 Date  Expira- Title  Amount or
                 Exer- tion           Number of
                 cis   Date           Shares
                 able

</TABLE>

Explanation of Responses:




** Intentional misstatements or omissions of facts constitute
   Federal Criminal Violations.
   SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).


  /s/ Edward Boyd                                             4/23/98
- -------------------------------                              -------------
**Signature of Reporting Person                              Date

NOTE:   File three copies of this Form, one of which must be manually signed.
        If space provided is insufficient, SEE Instruction 6 for procedure.

Page 2
SEC 1473 (8-92)

                          (Print or Type Responses)



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