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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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 28, 1997
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ECHOSTAR COMMUNICATIONS CORPORATION
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(Exact name of registrant as specified in charter)
NEVADA 0-26176 88-0336997
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(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
90 INVERNESS CIRCLE EAST, ENGLEWOOD, COLORADO 80112
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(Address of principal executive offices) (Zip Code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (303) 799-8222
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Not Applicable
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
On April 28, 1997, EchoStar Communications Corporation issued the following
press release:
ECHOSTAR REGULATORY FILINGS DELAYED
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The submission of applications for regulatory approval of the The News
Corporation Limited ("News Corp.") investment in EchoStar Communications
Corporation ("EchoStar," NASDAQ:DISH), has been delayed. EchoStar and News
Corp. had planned Hart-Scott-Rodino and Federal Communications Commission
filings in connection with the transaction by the end of April 1997. However,
late Friday, April 25, 1997, News Corp. informed EchoStar that it does not
intend to proceed with its investment in EchoStar unless EchoStar commits to
abandon its current Nagra, S.A. conditional access system. News Corp. has
requested that EchoStar instead use a News Corp. conditional access system.
EchoStar has requested additional information from News Corp. to further
consider whether the News Corp. conditional access system can meet the
criteria for use set out in the binding letter agreement between the parties
dated February 19, 1997 (the "Agreement").
News Corp. has also informed EchoStar that it believes other matters must
be resolved between the parties before News Corp. will proceed with the
transaction. While EchoStar is hopeful that News Corp. will honor its
obligations under the Agreement, a new timetable for regulatory filings has
not been set and there can be no assurance that News Corp. will proceed with
an investment in EchoStar.
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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 thereunto duly authorized.
ECHOSTAR COMMUNICATIONS CORPORATION
Date: April 28, 1997 By: /S/ DAVID K. MOSKOWITZ
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David K. Moskowitz
Senior Vice President and
General Counsel