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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT COMMISSION FILE NUMBER
April 19, 1999 0-21943
(Date of earliest event reported)
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FOUR MEDIA COMPANY
(Exact Name of Registrant as Specified in its Charter)
DELAWARE 95-4599440
(State or other jurisdiction (IRS Employer
of incorporation or organization Identification Number)
2813 West Alameda Avenue
Burbank, California 91505
(Address of principal executive offices) (Zip code)
Registrant's telephone number including area code: 818-840-7000
Not applicable
(Former name and former address, if changed since last report)
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Item 4. Change in Registrant's Certifying Accountant
(a) Previous independent public accountants.
(i) On April 9, 1999, the Registrant dismissed PricewaterhouseCoopers
LLP, which served as the Registrant's independent public
accountants since 1993.
(ii) The reports issued by PricewaterhouseCoopers LLP on the financial
statements for the past two fiscal years of the Registrant did not
contain an adverse opinion nor a disclaimer of opinion, and were
not qualified or modified as to uncertainty, audit scope or
accounting principles.
(iii) The Audit Committee of the Registrant's Board of Directors
approved the decision to change independent public accountants.
(iv) In connection with its audits for the two most recent fiscal years
and through April 9, 1999, there were no disagreements with
PricewaterhouseCoopers LLP on any matter of accounting principles
or practices, financial statement disclosure, or auditing scope or
procedure, which disagreements, if not resolved to the
satisfaction of PricewaterhouseCoopers LLP, would have caused
PricewaterhouseCoopers LLP to make reference thereto in their
report on the financial statements for such years.
(v) The Registrant has requested that PricewaterhouseCoopers LLP
furnish it with a letter addressed to the Commission stating
whether or not it agrees with the above statements. A copy of such
letter is filed as an exhibit to this Form 8-K/A.
(b) New independent public accountants
The Registrant engaged Ernst & Young LLP as its new independent public
accountants as of April 9, 1999. The Audit Committee of the Registrant's
Board of Directors approved this on April 9, 1999. During the two most
recent fiscal years and through April 9, 1999, the Registrant has not
consulted with Ernst & Young LLP regarding either:
(i) the application of accounting principles to a specified
transaction, either completed or proposed; or the type of audit
opinion that might be rendered on the Registrant's financial
statements; or
(ii) any matter that was either the subject of a disagreement (as
defined in Item 304(a)(1)(iv) of Regulation S-K and the related
instructions to this item) or a reportable event identified (as
described in Item 304(a)(1)(v) of Regulation S-K and related
instruction to this Item).
Item 7. Financial Statements and Exhibits
(a) Exhibits
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Exhibit 16.1 Letter from PricewaterhouseCoopers LLP
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
FOUR MEDIA COMPANY
(Registrant)
By: /s/ Christopher Phillips
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Christopher Phillips
Chief Financial Officer
Date: April 19, 1999
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EXHIBIT 16.1
[LETTERHEAD OF PRICEWATERHOUSECOOPERS LLP]
April 16, 1999
Securities and Exchange Commission
Mail Stop 9-5
450 Fifth Street, N.W.
Washington, D.C. 20549
Dear Sir/Madams:
We have read and agree with the comments in Item 4(a) of Form 8-K Four Media
Company dated April 16, 1999.
Yours truly,
/s/ PriceWaterhouseCoopers LLP
