UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 7*) First Look Media, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 690337 10 0 (CUSIP Number) Peter E. Salas, General Partner of Dolphin Offshore Partners, L.P. c/o Dolphin Asset Management Corp. 129 East 17th Street New York, NY 10003 (212) 982-5071 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communication) October 8, 2002 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box / /. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: Peter E. Salas, as General Partner of Dolphin Offshore Partners, L.P. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ___ 3. SEC USE ONLY 4. SOURCE OF FUNDS: WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) 6. CITIZENSHIP OR PLACE OF ORGANIZATION: USA 7. SOLE VOTING POWER: 1,520,447 8. SHARED VOTING POWER: 0 9. SOLE DISPOSITIVE POWER: 1,520,447 10. SHARED DISPOSITIVE POWER: 0 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 1,520,447 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: / 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 10.46% 14. TYPE OF REPORTING PERSON: IN SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 First Look Media, Inc. (Name of Company) Item 1. Security and Issuer. The title of the class of security to which this statement relates is the Common Stock of First Look Media, Inc., whose principal executive offices are located at 8000 Sunset Boulevard, Los Angeles, California 90046. Item 2. Identity and Background This statement is filed by Peter E. Salas, a United States citizen with a business address at Dolphin Asset Management Corp., 129 East 17th Street, NY, NY 10003, as General Partner of Dolphin Offshore Partners, L.P. His present principal occupation is General Partner of Dolphin Offshore Partners, L.P. During the last five years, Mr. Salas has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) nor been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction subjecting him to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or State securities laws or finding any violation with respect to such laws. Item 3. Source and Amount of Funds or Other Consideration An additional 562,527 common shares were purchased in a private transaction on October 8, 2002 with the working capital of Dolphin Offshore Partners, L.P. Item 4. Purpose of the Transaction The common shares were acquired for investment purposes only. Item 5. Interest in Securities of the Issuer Mr. Salas is the beneficial owner of 1,520,447 common shares. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer Mr. Salas has the exclusive right to vote the shares of Common Stock at any regular or special meetings of the shareholders of the Company and/or any actions in lieu of meetings or shareholder proceedings. Item 7. Material to be Filed as Exhibits Signatures After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: October 15, 2002 /s/ Peter E. Salas 5