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UNITED STATES
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
AUGUST 2, 2000 0-29768
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Date of Report (Date of earliest event reported) Commission File Number
24/7 MEDIA, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 13-3995672
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(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification Number)
1250 BROADWAY
NEW YORK, NEW YORK 10001
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(Address of Principal Executive Offices) (Zip Code)
(212) 231-7100
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(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS.
On August 1, 2000, 24/7 Media, Inc. CEO, David Moore, made the following
statement in an interview with Bloomberg News reporters which was later released
in an article:
o Mr. Moore commented that the slow down in online advertising
spending levels by dot.com businesses is expected to continue into
the third quarter, as previously noted by several independent
third party industry analysts.
Mr. Moore did not provide any revisions to financial analysts' expectations
regarding 24/7 Media's financial results for second or third quarters for year
2000.
Bloomberg News issued a corrected version of the article at 7:15 pm on August 1,
2000.
The press release, dated August 1, 2000 is filed herewith as Exhibit 99.1 and is
incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(C) EXHIBITS.
99.1 Press Release dated August 1, 2000.
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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.
24/7 MEDIA, INC.
Date: August 2, 2000 By: /S/ MARK E. MORAN
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Name: Mark E. Moran
Title: Senior Vice President and General
Counsel
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EXHIBIT INDEX
EXHIBIT NUMBER DESCRIPTION
99.1 Press Release dated August 1, 2000.