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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
PRINCETON VIDEO IMAGE, INC.
---------------------------
(Name of Issuer)
Common Stock, no par value per share
------------------------------------
(Title of Class of Securities)
742476-10-4
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(CUSIP Number)
- -----
The remainder of this cover page shall 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 the disclosures provided
in a prior cover page.
The information required in 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 (the "Act") or to
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 7 Pages<PAGE>
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CUSIP No. 742476-10-4 13G Page 2 of 7 Pages
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1. NAME OF REPORTING PERSON -
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Presencia en Medios, S.A. de C.V.
- -----------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [x]
- -----------------------------------------------------------------
3. SEC USE ONLY
- -----------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Mexico
- -----------------------------------------------------------------
5. SOLE VOTING POWER
614,308
NUMBER OF ------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY Not applicable.
OWNED BY ------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 614,308
PERSON ------------------------------------------------
WITH 8. SHARED DISPOSITIVE POWER
Not applicable.
- ----------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
614,308
- -----------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
[]
- -----------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.6%
- -----------------------------------------------------------------
12. TYPE OF REPORTING PERSON
CO
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CUSIP No. 742476-10-4 13G Page 3 of 7 Pages
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1. NAME OF REPORTING PERSON -
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Eduardo Sitt
- -----------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [x]
- -----------------------------------------------------------------
3. SEC USE ONLY
- -----------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Mexico
- -----------------------------------------------------------------
5. SOLE VOTING POWER
25,001
NUMBER OF ------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY 614,308
OWNED BY ------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 25,001
PERSON ------------------------------------------------
WITH 8. SHARED DISPOSITIVE POWER
614,308
- ----------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
639,309
- -----------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
[]
- -----------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.9%
- -----------------------------------------------------------------
12. TYPE OF REPORTING PERSON
IN
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CUSIP No. 742476-10-4 13G Page 4 of 7 Pages
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Item 1.
(a) Name of Issuer:
Princeton Video Image, Inc., a New Jersey corporation
(b) Address of Issuer's Principal Executive Office:
15 Princess Road
Lawrenceville, New Jersey 08648
Item 2. Name of Person Filing
(a) Name of Person Filing:
-Presencia en Medios, S.A. de C.V., a Mexican limited
liability company ("Presencia")
-Eduardo Sitt ("Mr. Sitt")
(b) Address of Principal Office:
Eduardo Sitt
c/o Presencia en Medios, S.A. de C.V.
Montes Urales 739A
Lomas de Chapultepec
11000 Mexico, D.F.
Mexico
(c) Citizenship or place of organization:
Presencia: Mexico
Mr. Sitt: Mexico
(d) Title Class of Securities:
Common Stock, no par value per share
(e) CUSIP Number:
742476-10-4
Item 3. Category of person filing
Not applicable
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CUSIP No. 742476-10-4 13G Page 5 of 7 Pages
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Item 4. Ownership.
(a) Amount Beneficially Owned:
Presencia beneficially owned 614,308 shares of the
Issuer's Common Stock, no par value per share (the "Common
Stock") as of December 31, 1997.
Mr. Sitt beneficially owned 639,309 share of Common
Stock as of December 31, 1997, which included the 614,308 shares
of Common Stock held by Presencia, of which Mr. Sitt is President
and a principal shareholder.
(b) Percent of Class:
Presencia: 7.6%
Mr. Sitt: 7.9%
(c) Number of Shares to Which Such Person Has:
Presencia:
(i) Sole voting power: 614,308
(ii) Shared voting power: 0
(iii) Sole dispositive power: 614,308
(iv) Shared dispositive power: 0
Mr. Sitt:
(i) Sole voting power: 25,001
(ii) Shared voting power: 614,308
(iii) Sole dispositive power: 25,001
(iv) Shared dispositive power: 614,308
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More Than Five Percent on Behalf of
Another Person.
Not Applicable.
Item 7. Identification and Classification of Members of the
Subsidiary Which Acquired the Securities Being Reported
on by the Parent Holding Company.
Not Applicable.
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CUSIP No. 742476-10-4 13G Page 6 of 7 Pages
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Item 8. Identification and Classification of Members of the
Group.
Not Applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certification.
By signing below Presencia and Mr. Sitt each certify that,
to the best of such parties' knowledge and belief, the securities
referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have
the effect of changing or influencing the control of the issuer
of such securities and were not acquired in connection with or as
a participant in any transaction having such purposes or effect.
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CUSIP No. 742476-10-4 13G Page 7 of 7 Pages
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SIGNATURE
After reasonable inquiry and to the best of our knowledge
and belief, we certify that the information set forth in this
statement is true, complete and correct.
Date: February 13, 1998 Presencia en Medios, S.A. de C.V.
By: /s/ Eduardo Sitt
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Eduardo Sitt, President
Date: February 13, 1998 /s/ Eduardo Sitt
--------------------------------
Eduardo Sitt
