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UNITED STATES
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) September 16, 2008

LODGENET INTERACTIVE 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	57107
(Address of Principal Executive Offices)	(Zip Code)

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

n/a

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

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure.

     LodgeNet Interactive Corporation (“LodgeNet”) today issued a press release announcing that it will be presenting at the CL King Best Ideas Conference regarding its operations and business. The press release describes LodgeNet’s presentation at the conference. The PowerPoint slide presentation to be used during LodgeNet’s presentation at the conference is furnished as Exhibit 99.1. The press release regarding LodgeNet’s presentation at the conference is furnished as Exhibit 99.2.

     The information in Exhibits 99.1 and 99.2 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.

Item 9.01. Financial Statements and Exhibits.

     (d) Exhibits

99.1	PowerPoint Slides (furnished)
99.2	Press Release (furnished)

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.

Date: September 16, 2008	By	/s/ James G. Naro James G. Naro
	Its	Senior Vice President, General Counsel, Secretary and Chief Compliance Officer

EX-99.1

Exhibit 99.1

Slide 2 Certain statements in this presentation constitute "forward-looking statements". When used in this presentation, the words "intends," "expects," "anticipates," "estimates," "believes," "goal," "no assurance" and similar expressions, and statements which are made in the future tense or refer to future events or developments, including, without limitation, those related to 2008 full year and mid-point guidance, and as adjusted, estimated revenue, adjusted operating cash flow, adjusted free cash flow, net loss and net loss per share, and each of the components thereof, as well as information regarding capital investment are intended to identify such forward-looking statements. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause the actual results, performance or achievements to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. In addition to the risks and uncertainties discussed herein, such factors include, among others, the following: the effects of economic conditions, including in particular the economic condition of the lodging industry, which can be particularly affected by high gas prices, levels of unemployment, consumer confidence, acts or threats of terrorism and public health issues; competition from providers of similar services and from alternative systems for accessing in-room entertainment; competition from HSIA providers; changes in demand for our products and services; programming costs, availability, timeliness, and quality; technological developments by competitors; developmental costs, difficulties, and delays; relationships with clients and property owners; the availability of capital to finance growth, the impact of government regulations; potential effects of litigation; risks of expansion into new markets; risks related to the security of our data systems; and other factors detailed, from time to time, in our filings with the Securities and Exchange Commission. With respect to any acquisition, we are subject to risks that integration costs will exceed expectations, that synergies we anticipate will not be realized, or will take longer than anticipated to realize, that our management and management systems will encounter difficulties in dealing with a bigger, more diversified enterprise, and that the financial results we expect from the acquisition will not be realized. These forward- looking statements speak only as of the date of this presentation. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

Today: More than Just "Entertainment" World's Largest Provider of Media &Connectivity Services to Hospitality Businesses "Interactive Experiences" to More Than 1.9 Million Rooms at 9,900 Properties Top 10 MSO Equivalent with National Reach in US & Canadian Hotel Markets Connect, Inform, & Entertain over 500 Million Travelers Highly Interactive Audience Powerful Guest "Touch Points" in High-Definition TV & Internet Powerful Platform * Source: 2007 Forrester Omnibus Survey Slide 3 98% 35% 31.5% Guests Turn on Television "Go Interactive" "Log On" to the Internet*

Executing on our Strategic Initiatives Revenues from Strategic Initiatives up 19%* Recurring Revenue Not Reliant on Guest Purchase Driving Total Revenue Per Room Business Model Driving Cost Efficiencies Total Operating Expenses Per Room Down 10.4%* HDTV Capital Investment Per New Room Down 11.5%* Substantial Progress in Deleveraging Balance Sheet During Quarter Slide 4 * Data based on second quarter ending June 30, 2008 Strategic Initiatives Revenues Business Costs Adjusted Free Cash Flow $12.4 Million Long Term Debt Reduced $13.6 Million Debt Leverage Ratio Reduced 4.31in Q2 '08 4.45x in Q1 '08

Also: Licensees in 23 International Countries Slide 5

A Diversified Customer Base Focused By Brand . . . Diversified By Decision 1,500+ Ownership & Management Groups Slide 6

Guest Entertainment Hotel Services Other* * "Other" includes System Sales, Advertising and Other 30.7% of Revenue from Non-Guest Entertainment Services Guest Entertainment Impacted by Lower Occupancy, Softer Movie Buy Rates +18.2% - - 4.1% +21.1% $277.1 $272.3 Slide 7 Diversifying Revenue Composition

Expanding Networks & Integrating Solutions Expanding Networks In Hospitality and Healthcare Three Networks: Interactive TV; Broadband Internet; Advertising Creating New Revenue Increasing Economies of Scale: - Technology - Operations Integrating Solutions That Meet Customer Needs Multiple Solutions: HDTV; IP; Broadband; Technical Services Diversifying Revenue with New Solutions Building New Competencies to Deliver Additional Solutions Growth Strategy Slide 8

Hospitality Drivers: High Definition Television Professional Solutions Broadband Internet Media Marketing Slide 9 Expanding Networks & Integrating Solutions Growth Strategy

30% Higher Revenue HD Basic Cable - - More Channels - - Higher Percentage of Hotels HD Video On-Demand - - Increased Guest Interest Professional Solutions Program Consultation Project Management Installation Services Rooms (in thousands) High Definition Television 137 1,866 As of 6/30/08 Hospitality Growth Driver Slide 10

Sell More to Hotels Help Desk Services - - Recurring Revenue - - $3 to $4 per room/month Equipment Sales - - Hotel Purchased - - 10% to 20% Margin Technical Service - - Time & Materials - - Maintenance Agreements Broadband Internet Slide 11 222 1,866 Rooms (in thousands) As of 6/30/08 Hospitality Growth Driver

Multiple Platforms - - Satellite Channels Interactive Channels $1.50 - $2.00 room/month Outstanding Demographic - - Income, Profession Out of Home Ads Increasing Twice the Percentage Growth of Traditional Advertising Media Marketing 1,866 555 360 Rooms (in thousands) Hospitality Growth Driver Slide 12 As of 6/30/08

"Hotels offer a unique environment for companies to find a captive audience" - - Promo Magazine 10 Major Cable Partners, including: Slide 13 Select Advertisers, including: The Hotel Networks - Media Marketing

Guest Entertainment TV Programming * Based on actual Q2 '08 TTM results exclusive of SG&A. Business Model - Digital Room Single Room Economics: Base Digital (Per Room Per Month) Slide 14 Contract Length 6.5 Years Annual Revenue $ 300 Annual Cash Flow $ 124 Total Cash Flow Over Life $ 806 Average Capital Investment $ 358 Payback Period 2.9 Years Cash-on-Cash Return 34.6% New Room

Guest Entertainment Guest Entertainment TV Programming Broadband Advertising TV Programming Revenue Expansion Opportunity Per Room Per Month Slide 15

Revenue Expansion Opportunity Per Room Per Month Guest Entertainment Broadband Advertising TV Programming Average Contract Length 6.5 Years Annual Revenue $ 432 Annual Cash Flow $ 159 Total Cash Flow Over Life $ 1,033 Renewal Capital Investment $ 306 Renewal Renewed Digital Room to Fully-Served HD Room Payback Period 1.9 Years Cash-on-Cash Return 52.0% Slide 16 * Based on actual Q2 '08 TTM results exclusive of SG&A

Slide 17 System Benefits: Patient Education Patient Safety Patient Satisfaction 24 30

Healthcare Economics Slide 18 Interactive System Sale Per Bed $1,000 - $1,500 Gross Profit Margin - System Sale 30% - 40% Recurring Revenue Per Bed Per Month $20 - $30 Gross Profit - Recurring Revenue 30% - 35%

2008 Financial Goal: Deliver Free Cash Flow Target Reducing HD Investment Per Room Solid Progress in Q2: Components and Customer Contributions Expect Further Reductions Over Next 12 Months VOD: New Server; Simpler Configurations FTG: Lower Cost Equipment; Hotel Purchases Reducing Operating and Capital Investment Plans Operating Expenses Reduction of $1.5 Million in both Q3 & Q4 Reduction of Capital Investment Plan Q3 Reduced 20% to $15 Million Level Q4 Targeted Capital Investment Range of $13- $15 Million Maintaining Adjusted FCF Target: $28 to $32 Million Free Cash Flow Per Share: $1.21 to $1.43 Focus on Leverage Reduction Slide 19

Adjusted Net Free Cash Flow Generation* (in millions) $6.3 $(5.1) $12.8 $24.6 * Cash Flow from Operating Activities, Minus Investing Activities, Excluding Consideration Paid for Acquisitions ** Mid-Point 2008 Free Cash Flow Guidance $(26.9) $30.0** $(19.6) Slide 20

Covenant Analysis (in millions) Repaid $6.6 Million on Term B Loan and $7.0 Million on Revolver in Q2 Debt to AOCF Leverage Ratio Reduced from 4.45x to 4.31x Slide 21

(c) 2008 LodgeNet Entertainment Corporation. All rights reserved. Slide 22

Reconciliation of Operating Income to Adjusted Operating Cash Flow Slide 23

Reconciliation of Adjusted Free Cash Flow Slide 24

EX-99.2

Exhibit 99.2

Ann Parker, Director	Mike Smargiassi
Investor Relations	Brainerd Communicators
605-988-1000	212-986-6667
ann.parker@lodgenet.com	smarg@braincomm.com

LODGENET INTERACTIVE TO PRESENT AT
THE CL KING BEST IDEAS CONFERENCE

To Discuss Recent Developments in its Hospitality, Healthcare and Media Marketing Divisions,
And Delivering on 2008 Free Cash Flow Target

     SIOUX FALLS, SD, September 16, 2008 — LodgeNet Interactive Corporation (NASDAQ: LNET), the leading provider of media and connectivity solutions to hospitality and healthcare businesses, will present at the CL King Best Ideas Conference at the Omni Hotel in New York City on Wednesday, September 17, 2008. CEO Scott C. Petersen will discuss recent developments in the Company’s Hospitality, Healthcare and Media Marketing divisions and will also comment on LodgeNet’s delivering on its targeted $28 to $32 million of Adjusted Free Cash Flow for 2008.

     Petersen will announce that LodgeNet is expanding its presence in China with the installation of its interactive high-definition television (HDTV) solution at the 360-room Four Seasons Macao, the third hotel within the expansive casino/hotel complex being developed by Venetian Cotai Limited, an affiliate of the Las Vegas Sands Corporation. LodgeNet previously has installed and is operating its industry-leading system at the Venetian Macao and the Sands Macao. With the opening of the Four Seasons property in October, LodgeNet will have more than 3,500 rooms in operation in Macao.

     Petersen will also comment on LodgeNet’s broadband Internet services business, highlighted by the addition of 9,100 new rooms in August and the signing of a multi-year contract with Host Hotels & Resorts to deliver a comprehensive broadband Internet connectivity solution to Host Hotels & Resorts properties throughout Canada. As a part of this agreement, the company has contracted to design, install and manage broadband services to more than 1,600 guest rooms and 79 conference rooms owned by Host Hotels & Resorts, including three Marriott full service hotels in Toronto, Ontario and Calgary, as well as the Delta Meadowvale. LodgeNet’s broadband solution will enable Host Hotels to help their guests stay connected with a customized, flexible solution for in-room broadband Internet access and broadband conferencing that includes call center support.

     The Hotel Networks, LodgeNet’s division focused on generating advertising-based media revenues from within its hospitality media and connectivity business, is currently launching a number of new initiatives including an expansion of its ad-supported cable channel lineup, on-demand advertising opportunities with interactive telescoping capabilities from the hotel video on demand (VOD) system, custom channel sponsorships, and the debut of a promotional marketing services business. Together, these will create greater guest engagement, more advertiser touch points and a unique opportunity for integrated marketing combining the best of broadcast, out-of-home, interactive and promotion.

     Finally, Petersen will announce that LodgeNet has signed an agreement with NorthShore University Health System in Chicago and its three hospitals, Evanston Hospital, Highland Park Hospital and Glenbrook Hospital, representing more than 660 patient rooms. NorthShore University Health system is a teaching affiliate of The University of Chicago Pritzker School of Medicine. This also marks LodgeNet’s first contract for a high-definition interactive television solution designed specifically for a healthcare facility that will deliver on-demand education and entertainment and other customized features desired by hospitals to better serve their patients. Patients will also have the convenience of using the TV for special requests and to complete patient surveys, enabling the hospital to track patient satisfaction and respond more quickly to patient requests. The agreement underlines the growing importance that hospitals are putting on interactive TV systems to help increase patient satisfaction.

LodgeNet to present at CL King Investor Conference — 2

     “The summer travel months have definitely been a challenging time for our traditional entertainment revenues as lower hotel occupancies and a cautious consumer have generated guest entertainment revenue approximately 10% below last year’s levels in July and August,” says Petersen. “However, our revenue diversification actions related to selling more services and systems to hotels and hospitals continue to offset in part the softness in guest entertainment revenues.”

     “We continue to proactively manage our operating and capital investment plans to balance the cash being generated by our company with the goal of delivering on our free cash flow target for 2008,” Petersen continued. “We reduced operating budgets in the third quarter by approximately $1.5 million and plan to do the same during the fourth quarter. We also reduced our capital investment plans during the third quarter by approximately 20% over those existing during the prior two quarters, taking it down to the $15 million level. We anticipate a reduced capital investment program of $13 to $15 million during the fourth quarter. Based on these proactive measures, we are maintaining our $30 million (or $1.35 per share) mid-point target for Adjusted Free Cash Flow* for 2008. With this level of cash flow, we plan to further pay down our debt levels during the third and fourth quarters.”

     LodgeNet management is scheduled to present Wednesday, September 17, at 2:45 pm. A live Webcast of the presentation and a copy of the slides will be available on the investor section of the Company’s Website (www.lodgenet.com) following the presentation.

*   Adjusted Free Cash Flow, a non-GAAP measure, is defined as free cash flow, as defined above, and further excludes cash used for restructuring and integration activities.

About LodgeNet Interactive

LodgeNet Interactive Corporation is the leading provider of media and connectivity solutions designed to meet the unique needs of hospitality, healthcare and other guest-based businesses. LodgeNet Interactive serves more than 1.9 million hotel rooms representing 10,000 hotel properties worldwide in addition to healthcare facilities throughout the United States. The company’s services include: Interactive Television Solutions, Broadband Internet Solutions, Content Solutions, Professional Solutions and Advertising Media Solutions. LodgeNet Interactive Corporation owns and operates businesses under the industry leading brands: LodgeNet, LodgeNetRX, and The Hotel Networks. LodgeNet Interactive is listed on NASDAQ and trades under the symbol LNET. For more information, please visit www.lodgenet.com.

Special Note Regarding Forward-Looking Statement

Certain statements in this press release constitute “forward-looking statements”. When used in this press release, the words “intends,” “expects,” “anticipates,” “estimates,” “believes,” “goal,” “no assurance” and similar expressions, and statements which are made in the future tense or refer to future events or developments, including, without limitation, those related to revenue, net loss, adjusted net loss, adjusted operating cash flow, capital investment, free cash flow and each of the components thereof, are intended to identify such forward-looking statements. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause the actual results, performance or achievements to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. In addition to the risks and uncertainties discussed herein, such factors include, among others, the following: the effects of economic conditions, including in particular the economic condition of the lodging industry, which can be particularly affected by international crisis, acts or threats of terrorism and public health issues; competition from providers of similar services and from alternative systems for accessing in-room entertainment; competition from broadband providers; changes in demand for our products and services; programming costs, availability, timeliness, and quality; technological developments by competitors; developmental costs, difficulties, and delays; relationships with clients and property owners; the availability of capital to finance growth, the impact of government regulations; potential effects of litigation; risks of expansion into new markets; risks related to the security of our data systems; and other factors detailed, from time to time, in our filings with the Securities and Exchange Commission. With respect to any acquisition, we are subject to risks that integration costs will exceed expectations, that synergies we anticipate will not be realized, or will take longer than anticipated to realize, that our management and management systems will encounter difficulties in dealing with a bigger, more diversified enterprise, and that the financial results we expect from the acquisition will not be realized. These forward-looking statements speak only as of the date of this press release. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

LodgeNet is a registered trademark of LodgeNet Interactive Corporation. All rights reserved. Other names and brands may be claimed as the property of others.

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