-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Q4lyfELg/in8gKWM4Hlu3on9gKd71iNqJIM0p2j25sMuoboEQPJ3HsHRkJibrWn4 VVcgXwiyTJleUJYx31Wn4g== 0000912057-02-015077.txt : 20020416 0000912057-02-015077.hdr.sgml : 20020416 ACCESSION NUMBER: 0000912057-02-015077 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020412 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: FILED AS OF DATE: 20020415 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LODGENET ENTERTAINMENT CORP CENTRAL INDEX KEY: 0000911002 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] IRS NUMBER: 460371161 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22334 FILM NUMBER: 02610846 BUSINESS ADDRESS: STREET 1: 3900 W. INNOVATION STREET CITY: SIOUX FALLS STATE: SD ZIP: 57107- BUSINESS PHONE: (605)-988- MAIL ADDRESS: STREET 1: 808 WEST AVE N CITY: SIOUX FALLS STATE: SD ZIP: 57104 FORMER COMPANY: FORMER CONFORMED NAME: LNET INC DATE OF NAME CHANGE: 19930820 8-K 1 a2076960z8-k.htm 8-K
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549


FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported) April 12, 2002


LODGENET ENTERTAINMENT CORPORATION
(Exact Name of Registrant as Specified in Charter)

Delaware 0-22334 46-0371161
(State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)
3900 West Innovation Street, Sioux Falls, SD
(Address of Principal Executive Offices)
  57107
(Zip Code)

Registrant's telephone number, including area code (605) 988-1000

n/a
(Former Name or Former Address, if Changed Since Last Report)




Item 7. Financial Statements and Exhibits.

(c)
Exhibits.

99.1
Press release of the Registrant dated April 12, 2002

Item 9. Regulation FD Disclosure.

        On April 12, 2002, LodgeNet Entertainment Corporation issued the press release attached hereto as Exhibit 99.1.

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SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    LODGENET ENTERTAINMENT CORPORATION

Date: April 15, 2002

 

By

 

/s/  
SCOTT C. PETERSEN      
Scott C. Petersen
    Its   President and Chief Executive Officer

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EXHIBIT INDEX

    99.1
    Press release of the Registrant dated April 12, 2002



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SIGNATURES
EXHIBIT INDEX
EX-99.1 3 a2076960zex-99_1.htm EXHIBIT 99.1

Exhibit 99.1

Press Release

SOURCE: LodgeNet Entertainment Corporation

LodgeNet Terminates Agreements With InnMedia

SIOUX FALLS, S.D., April 12 /PRNewswire-FirstCall/—

        LodgeNet Entertainment Corporation (Nasdaq: LNETnews), the leading provider of broadband, interactive television services to the hospitality industry, today announced that it has terminated its agreements with InnMedia LLC based on, among other things, InnMedia's failure to pay outstanding sums due to LodgeNet for services performed under the agreements. LodgeNet also announced that on April 11, 2002, InnMedia filed a complaint in the Superior Court of the State of California, County of Los Angeles, alleging, among other things, that LodgeNet has breached its obligations under the previously mentioned agreements. The company also stated that it has meritorious defenses to InnMedia's allegations, intends to vigorously defend itself with respect to these allegations and expects to prevail. InnMedia services presently being distributed by LodgeNet include Internet on television and archived television content.

    (http://www.newscom.com/cgi-bin/prnh/20000310/LODGELOGO)

        The termination of the InnMedia agreements are not expected to impact LodgeNet's previously disclosed financial guidance for the first quarter or full year of 2002.

        LodgeNet management will host a Q1 2002 earnings teleconference on Thursday, April 18 at 5:00 p.m. Eastern Time. This teleconference may be accessed by dialing 888-873-8496 ten minutes prior to the start time. It will also be Webcast live at http://www.calleci.com/pages/pubweb.jsp, and can be accessed through May 17, 2002 via the LodgeNet Website (http://www.lodgenet.com).

        About LodgeNet

        LodgeNet Entertainment Corporation (http://www.lodgenet.com) is the leading provider in the delivery of broadband, interactive services to the lodging industry, serving more hotel properties throughout the United States and Canada as well as select international markets than any other company in the industry. These services include on-demand digital movies, digital music and music videos, Nintendo® video games, high-speed Internet access and other interactive television services designed to serve the needs of the lodging industry and the traveling public. As one of the largest companies in the industry, LodgeNet provides service to more than 900,000 rooms (including more than 850,000 interactive guest pay rooms) in more than 5,400 hotel properties worldwide. More than 260 million travelers have access to LodgeNet systems on an annual basis. LodgeNet is listed on NASDAQ and trades under the symbol LNET.

        NOTE: This press release contains "forward-looking statements" within the meaning of federal securities law, including statements concerning business strategies and their intended results, and similar statements concerning anticipated future events and expectations that are not historical facts. The forward-looking statements in this press release are subject to numerous risks and uncertainties, including the effects of economic conditions; greater than anticipated competitive pressures; supply and demand changes for hotel rooms; competitive conditions in the lodging industry; relationships with clients and property owners; the impact of government regulations; and the availability of capital to finance growth, which could cause actual results to differ materially from those expressed in or implied by the statements herein.

SOURCE: LodgeNet Entertainment Corporation




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