UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
____________
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSANT TO RULES 13d-1(b), (c),
AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)
(Amendment No. ___ )*
OpenTV Corp.
________________________________________________________________
(Name of Issuer)
Class A Ordinary Shares, no par value
_____________________________________________________________
(Title of Class of Securities)
G6754310
_______________________________________________________
(CUSIP Number)
November 23, 1999
__________________________________________________________
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
/ / Rule 13d-1(b)
/ / Rule 13d-(c)
/x/ Rule 13d-1(d)
*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
disclosures provided in a prior cover page.
The information required on 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 ("Act") or 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>
SCHEDULE 13G
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CUSIP No.G6754310 Page 2 of 5 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Time Warner Inc.
13-3527249
- -------- -----------------------------------------------------------------------
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* a / /
b / /
- -------- -----------------------------------------------------------------------
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
- -------- -----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
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=========================== ======= ============================================
5 SOLE VOTING POWER 2,252,252 (1)
NUMBER OF SHARES
BENEFICIALLY ------- --------------------------------------------
OWNED BY EACH ------- --------------------------------------------
REPORTING PERSON
WITH 6 SHARED VOTING POWER 0 (2)
------- --------------------------------------------
------- --------------------------------------------
7 SOLE DISPOSITIVE POWER 2,252,252 (1)
------- --------------------------------------------
------- --------------------------------------------
8 SHARED DISPOSITIVE POWER 0
=========================== ======= ============================================
========= ======================================================================
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON 2,252,252 (1)
- --------- ----------------------------------------------------------------------
- --------- ----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------- ----------------------------------------------------------------------
- --------- ----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 15.8% (3)
- --------- ----------------------------------------------------------------------
- --------- ----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* HC
========= ======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(1) Includes 1,126,126 Class A Ordinary Shares subject to immediately
exercisable warrants.
(2) See response to Item 4(c)(ii).
(3) Calculated pursuant to Rule 13d-3(d).
<PAGE>
Cusip No. G6754310 Page 3 of 5 Pages
________
Item 1(a) Name of Issuer
OpenTV Corp.
____________
Item 1(b) Address of Issuer's Principal Executive Offices:
401 East Middlefield Road
Mountainview, CA 94043
Item 2(a) Name of Person Filing:
Time Warner
___________
Inc.
Item 2(b) Address of Principal Business Office or, if None, Residence:
75 Rockefeller Plaza
New York, NY 10019
Item 2(c) Citizenship: Delaware
Item 2(d) Title of Class of Securities:
Class A Ordinary Shares
_______________________
Item 2(e) CUSIP Number:
G6754310
________
Item 3. If This Statement is filed Pursuant to Rule 13d-1(b) or
13d-2(b) or (c), Check Whether the Person Filing is a:
(a) // Broker or dealer registered under Section 15 of the Exchange Act.
(b) // Bank as defined in Section 3(a)(6) of the Exchange Act.
(c) // Insurance company as defined in Section 3(a)(19) of the Exchange
Act.
(d) // Investment company registered under Section 8 of the Investment
Company Act.
(e) // An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f) // An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
(g) // A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);
(h) // A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) // A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) // Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this
box. //
<PAGE>
Cusip No. G6754310 Page 4 of 5 Pages
________
Item 4. Ownership.
Provide the following information regarding the aggregate number
and percentage of the class of securities of the Issuer
identified in Item 1.
(a) Amount beneficially owned:
2,252,252 Class A Ordinary Shares (1)
_____________________________________
(b) Percent of Class:
15.8% (2)
______
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
2,252,252 Class A Ordinary Shares (1) ,
___________________________________________
(ii) Shared power to vote or to direct the vote 0 (3) ,
_________________
(iii) Sole power to dispose or to direct the
disposition of
2,252,252 Class A Ordinary Shares (1) ,
____________________________________________
(iv) Shared power to dispose or to direct the
disposition of 0 ,
___________________
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 the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company.
TWI-OTV Holdings Inc. (a wholly owned direct subsidiary of
Time Warner Inc.) - CO
Item 8. Identification and Classification of Members of the Group.
Not applicable
Item 9. Notice of Dissolution of Group.
Not applicable
______________
(1) Includes 1,126,126 Class A Ordinary Shares subject to immediately
exercisable warrants.
(2) Calculated pursuant to Rule 13d-3(d).
(3) Solely as a result of an agreement among TWI-OTV Holdings Inc., LDIG OTV,
Inc., General Instrument Corporation, America Online, Inc. and News America
Incorporated to vote their shares in favor of each others' directors pursuant to
an Investors' Rights Agreement dated as of October 23, 1999 (the "Investors'
Rights Agreement"). Time Warner may be deemed the beneficial owner of 2,252,250
Class A Ordinary Shares owned by LDIG OTV, Inc.; 1,126,126 Class A Ordinary
Shares owned by General Instrument Corporation; 900,900 Class A Ordinary Shares
owned by America Online, Inc., and 2,252,252 Class A Ordinary Shares owned by
News America Incorporated. Time Warner Inc. disclaims beneficial ownership of
the shares covered by the Investors' Rights Agreement and owned by LDIG OTV,
Inc., General Instrument Corporation, America Online, Inc. and News
America Incorporated.
<PAGE>
Cusip No. G6754310 Page 5 of 5 Pages
________
Item 10. Certifications.
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, correct and complete.
Date: February 14, 2000
TIME WARNER INC.
By:/s/Christopher P. Bogart
______________________________
Name: Christopher P. Bogart
Title: Executive Vice President,
General Counsel & Secretary
