BENEDEK COMMUNICATIONS CORP
8-K, 1998-04-30
TELEVISION BROADCASTING STATIONS
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                       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 30, 1998
                          ----------------------------


                       BENEDEK COMMUNICATIONS CORPORATION
             (Exact Name of Registrant as Specified in Its Charter)

           DELAWARE                     333-09529              36-4076007
(State or Other Jurisdiction of  (Commission File Number)   (I.R.S. Employer
 Incorporation or Organization)                           Identification Number)

                                 100 PARK AVENUE
                               ROCKFORD, IL 61101
               (Address of Principal Executive Offices) (Zip Code)

         Telephone Number, Including Area Code        (815) 987-5350
                                              ------------------------------










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ITEM 5.           OTHER EVENTS.

         On April 30, 1998, the Registrant announced its intention to redeem its
outstanding Exchangeable Redeemable Senior Preferred Stock. Additional
information about developments concerning the redemption of the securities are
incorporated herein by this reference to the press release filed herewith as
Exhibit 99.

ITEM 7.           FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
                  AND EXHIBITS.

(c)      Exhibits.

         99       Press release, dated April 30, 1998.


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                                    SIGNATURE

         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.

                                          BENEDEK COMMUNICATIONS CORPORATION

April 30, 1998                            By: /s/ Ronald L. Lindwall
                                             -------------------------------
                                          Name:  Ronald L. Lindwall
                                          Title:  Senior Vice President-Finance


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                                INDEX TO EXHIBITS

EXHIBIT           DESCRIPTION
- -------           -----------
     99           Press release, dated April 30, 1998


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                                                                      Exhibit 99

PRESS RELEASE

BENEDEK COMMUNICATIONS CORPORATION

100 Park Avenue
Rockford, IL 61101

FOR MORE INFORMATION CONTACT:
Ronald L. Lindwall, Chief Financial Officer
815-987-5350

FOR IMMEDIATE RELEASE

         April 30, 1998. Benedek Communications Corporation today announced that
it intends to redeem its outstanding Exchangeable Redeemable Senior Preferred
Stock. The redemption is subject to the completion of a Rule 144A offering of
$100 million of a new class of Senior Exchangeable Preferred Stock which the
Company is currently seeking to issue. The Company expects the offering to price
during the week of May 4, 1998. However, there can be no assurance as to when,
or if, such offering will be completed.

         The Senior Exchangeable Preferred Stock to be offered will not be
registered under the Securities Act of 1933, as amended (the "Act"), and may not
be offered or sold in the United States absent registration or an applicable
exemption from the registration requirements under the Act.

         Benedek Communications Corporation is a holding company, which through
its wholly-owned subsidiary, Benedek Broadcasting Corporation, owns 23 network
affiliated television stations throughout the United States.

         This Press Release contains forward-looking statements that involve
risks and uncertainties. Actual results could differ materially from those
anticipated in these forward-looking statements.


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