0000950130-95-001734.txt : 19950829 0000950130-95-001734.hdr.sgml : 19950829 ACCESSION NUMBER: 0000950130-95-001734 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19950828 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HOME SHOPPING NETWORK INC CENTRAL INDEX KEY: 0000791024 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] IRS NUMBER: 592649518 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-38755 FILM NUMBER: 95567727 BUSINESS ADDRESS: STREET 1: 2501 118TH AVE NORTH CITY: ST PETERSBURG STATE: FL ZIP: 33716 BUSINESS PHONE: 8135728585 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TELE COMMUNICATIONS INC /CO/ CENTRAL INDEX KEY: 0000925692 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 841260157 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 5619 DTC PARKWAY CITY: ENGLEWOOD STATE: CO ZIP: 80111 BUSINESS PHONE: 3032675500 MAIL ADDRESS: STREET 1: 5619 DTC PARKWAY CITY: ENGLEWOOD STATE: CO ZIP: 90111 FORMER COMPANY: FORMER CONFORMED NAME: TCI LIBERTY HOLDING CO DATE OF NAME CHANGE: 19940620 SC 13D/A 1 SC 13D/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934* (AMENDMENT NO. 1) HOME SHOPPING NETWORK, INC. ______________________________________________________________________________ (Name of Issuer) Common Stock, par value $.01 per share ______________________________________________________________________________ (Title of Class of Securities) 437351109 ______________________________________________________________________________ (CUSIP Number) Stephen M. Brett, Esq. Senior Vice President and General Counsel Tele-Communications, Inc. 5619 DTC Parkway Englewood, CO 80111 (303) 267-5500 ______________________________________________________________________________ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 24, 1995 ________________________________________________________________________________ (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 [ ]. Check the following box if a fee is being paid with this statement [ ]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of less than five percent of such class. See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *The remainder of this cover page should 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 the remainder of 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). Page 1 of 5 pages CUSIP No. 437351109 --------- ________________________________________________________________________________ (1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons Tele-Communications, Inc. 84-1260157 ________________________________________________________________________________ (2) Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ ] ________________________________________________________________________________ (3) SEC Use Only -------------------------------------------------------------------------------- (4) Source of Funds -------------------------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] -------------------------------------------------------------------------------- (6) Citizenship or Place of Organization Delaware ----------------------------------------------------------------- Number of (7) Sole Voting Power 37,566,702 shares Shares Bene- __________________________________________ ficially (8) Shared Voting Power 0 shares Owned by __________________________________________ Each Report- (9) Sole Dispositive Power 37,566,702 shares ing Person __________________________________________ With (10) Shared Dispositive Power 0 shares ----------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 37,566,702 shares ________________________________________________________________________________ (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares [X] Excludes shares of Common Stock beneficially owned by the executive officers and directors of TCI. See Item 5. ________________________________________________________________________________ (13) Percent of Class Represented by Amount in Row (11) 41.5% Assumes conversion of Class B Stock into Common Stock. Because the Class B Stock is entitled to vote ten votes per share in certain circumstances, while the Common Stock is only entitled to one vote per share, TCI may be deemed to beneficially own (prior to any conversion of the Class B Stock) shares representing approximately 80% of the voting power of the outstanding common equity securities of the Company. ________________________________________________________________________________ (14) Type of Reporting Person (See Instructions) CO Page 2 of 5 pages SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A (Amendment No. 1) Statement Of TELE-COMMUNICATIONS, INC. Pursuant to Section 13(d) of the Securities Exchange Act of 1934 in respect of HOME SHOPPING NETWORK, INC. This Report on Schedule 13D relates to the common stock, par value $.01 per share (the "Common Stock"), of Home Shopping Network, Inc., a Delaware corporation (the "Company"). The Report on Schedule 13D originally filed by Tele-Communications, Inc., a Delaware corporation ("TCI"or the "Reporting Person"), on August 12, 1994 (the "TCI Schedule 13D"), is hereby amended and supplemented to include the information contained herein, and this Report constitutes Amendment No. 1 to the TCI Schedule 13D. ITEM 4. PURPOSE OF TRANSACTION ---------------------- Item 4 of the TCI Schedule 13D is hereby amended and supplemented by adding the following information thereto: On August 24, 1995, Gerald Hogan resigned as Chairman of the Board and Chief Executive Officer of the Company. In accordance with the By-Laws of the Company, the Board of Directors filled the vacancy created by Mr. Hogan's resignation by electing Mr. Barry Diller as a member of the Board of Directors. Additionally, the Board of Directors increased the size of the Board from seven to nine directors and filled the vacancies resulting from such increase by electing John C. Malone, the President and Chief Executive Officer of TCI, and Peter R. Barton, an Executive Vice President of TCI, to the Board of Directors of the Company. With the election of Messrs. Malone and Barton to the Board of Directors, four out of nine directors of the Company are also officers of TCI or its subsidiaries. There are no agreements, arrangements or understandings between the Reporting Person and Mr. Diller regarding (i) his election to or service as a member of the Board of Directors (except as disclosed in Item 4), (ii) the ownership or voting of the equity securities of the Company owned by the Reporting Person or (iii) otherwise relating in any way to the business and affairs of the Company generally. The Reporting Person intends to continuously review its investment in the Company and may in the future determine to acquire additional securities of the Company, through open market purchases or otherwise, and may determine to dispose of all or a portion Page 3 of 5 pages of the securities of the Company beneficially owned by it from time to time. In reaching any conclusion as to its future course of action, the Reporting Person will take into consideration various factors, such as the Company's business and prospects, other developments concerning the Company generally, other business opportunities available to the Reporting Person, developments with respect to the business of the Reporting Person, and general industry, economic and stock market conditions, including, but not limited to, the market price of the Common Stock of the Company. Notwithstanding anything contained herein, the Reporting Person reserves the right, depending on other relevant factors, to acquire additional shares of Common Stock of the Company in open market or privately negotiated transactions, to dispose of all or a portion of its holdings of Company Securities or to change its intention with respect to any or all of the matters referred to in this Item. Page 4 of 5 pages SIGNATURE --------- After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information in this statement is true, complete and correct. Dated: August 28, 1995 TELE-COMMUNICATIONS, INC. By: /s/ Peter R. Barton --------------------- Name: Peter R. Barton Title: Executive Vice President Page 5 of 5 pages