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) September 24, 1997
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Obie Media Corporation
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(Exact name of registrant as specified in its charter)
Oregon 000-21623 93-0966515
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(State of other jurisdiction) (Commission (IRS Employer
File Number) Identification No.)
4211 West 11th Avenue, Eugene, Oregon 97402
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (541) 686-8400
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Item 4. Changes in Registrant's Certifying Accountant
(a) Effective September 24, 1997, Obie Media Corporation (OBIE) dismissed its
prior certifying accountants, Coopers & Lybrand L.L.P. (C&L), and retained
as its new certifying accountants, Arthur Andersen LLP. The decision to
change accountants was approved by OBIE's Board of Directors.
During the last two fiscal years and the subsequent interim periods to the
date hereof, C&L's reports on OBIE's financial statements did not contain
an adverse opinion or disclaimer of opinion, nor were they modified as to
uncertainty, audit scope or accounting principles.
During the last two fiscal years and the subsequent interim periods to the
date hereof, there were no disagreements between OBIE and C&L on any
matters of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which disagreements, if not
resolved to the satisfaction of C&L, would have caused it to make a
reference to the subject matter of the disagreements in connection with its
reports.
(b) Effective September 24, 1997, OBIE engaged Arthur Andersen LLP as its
principal accountant. During the last two fiscal years and the subsequent
interim period to the date hereof, OBIE did not consult Arthur Andersen
LLP regarding any of the matters or events set forth in Item 304(a)(2)(i)
and (ii) of Regulation S-B
Item 7. Financial Statements and Exhibits
(c) Exhibits
16. Letter on Change of Certifying Accountant
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 authorized.
September 30, 1997 /s/ James W. Callahan
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Date Signature
[Coopers & Lybrand Letterhead]
September 26, 1997
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Gentlemen:
We have read the statements made by Obie Media Corporation (copy attached),
which we understand will be filed with the Commission, pursuant to item 4 of
Form 8-K, as part of the Company's form 8-K report for the month of September,
1997. We agree with the statements concerning our Firm in such Form 8-K.
Very truly yours,
/s/ Coopers & Lybrand L.L.P.
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Coopers & Lybrand L.L.P.
