[2] In 1976, he formed Compass International Pictures with Joseph Wolf, and served as its President.
Since his resignation from Compass International, Yablans produced films with Charles Band such as Prison (1988).
Halloween began as an idea suggested by Yablans who envisioned a film about babysitters being menaced by a stalker.
Carpenter took the idea and another suggestion from Yablans that it take place during Halloween and developed them into a story.
Released in late October 1978, Halloween was an unprecedented success, making $70 million in its initial theatrical run, and becoming the highest grossing independent film of all time; it was surpassed by Teenage Mutant Ninja Turtles 12 years later.