SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(Amendment No. )(1)
AUDIO BOOK CLUB, INC.
(Name of Issuer)
COMMON STOCK, NO PAR VALUE
(Title of Class of Securities)
05068R108
(CUSIP Number)
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(1) 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 (the "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 1 of 5 Pages
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CUSIP No. 05068R108 13G Page 2 of 5 Pages
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Howard Herrick
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
Not Applicable
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 5. SOLE VOTING POWER
SHARES 3,691,100
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER
EACH None
REPORTING --------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH 2,714,180
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8. SHARED DISPOSITIVE POWER
None
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,691,100
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10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
60.0%
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12. TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 5 Pages
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Item 1(a). Name of Issuer:
AUDIO BOOK CLUB, INC.
Item 1(b). Address of Issuer's Principal Executive Offices:
2295 Corporate Boulevard, N.W., Suite 222
Boca Raton, FL 33431
Item 2(a). Name of Person Filing:
This Schedule 13G is filed on behalf of Howard Herrick (a
"Reporting Person").
Item 2(b). Address of Principal Business Office or, if None, Residence:
Audio Book Club, Inc.
2295 Corporate Boulevard, N.W., Suite 222
Boca Raton, FL 33431
Item 2(c). Citizenship:
Mr. Herrick is a United States citizen.
Item 2(d). Title of Class of Securities:
Common Stock, no par value
Item 2(e). CUSIP Number:
05068R108
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a:
(a) - (h): Not applicable.
Item 4. Ownership:
(a) Amount Beneficially Owned: At December 31, 1997, Mr. Herrick
beneficially owned 3,691,100 shares, consisting of: (i) 2,714,180
shares held by N. Herrick Irrevocable ABC Trust, of which Mr.
Herrick is the sole trustee, (ii) 488,460 shares held by M.E.
Herrick Irrevocable Trust, of which Mr. Herrick is the sole
trustee, and (iii) 488,460 shares held by Mr. Herrick.
(b) Percent of Class: 60.0%
Page 3 of 5 Pages
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(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 3,691,100
(ii) shared power to vote or to direct the vote: None.
(iii) sole power to dispose or to direct the disposition of:
2,714,180
(iv) shared power to dispose or to direct the disposition
of: None.
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.
Not Applicable.
Item 8. Identification and Classification of Members of the Group.
Not Applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certification.
Not Applicable.
Page 4 of 5 Pages
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SIGNATURE
After reasonable inquiry and to the best of the undersigned's knowledge and
belief, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: January 30, 1998
By: /s/ Howard Herrick
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Howard Herrick
Page 5 of 5 Pages