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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO.1)*
musicmaker.com, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
62757C108
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(CUSIP Number)
December 6, 2000
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(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-1(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 the
disclosures provided in a prior cover page.
The information required in 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 1 of 5 pages
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1. Name of Reporting Persons:
I.R.S. Identification Nos. of above persons (entities only).
Virgin Holdings, Inc.
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
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(a)
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(b) X
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3. SEC Use Only
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4. Citizenship or Place of Organization: Delaware
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Number of Shares 5. Sole Voting Power 0
Beneficially Owned ----------------------------------------------------------
By Each Reporting
Person With 6. Shared Voting Power 0
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7. Sole Dispositive Power 0
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8. Shared Dispositive Power 0
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9. Aggregate Amount Beneficially Owned by Each Reporting Person 0
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
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11. Percent of Class Represented by Amount in Row (9) 0
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12. Type of Reporting Person (See Instructions) CO
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Page 2 of 5 pages
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ITEM 1.
(a) Name of Issuer
musicmaker.com, Inc.
(b) Address of Issuer's Principal Executive Offices
1740 Broadway
23rd Floor
New York, NY 10019
ITEM 2.
(a) Name of Person Filing
Virgin Holdings, Inc.
(b) Address of Principal Business Office or, if none, Residence
338 North Foothill Road
Beverly Hills, CA 90210
(c) Citizenship
Delaware
(d) Title of Class of Securities
Common Stock, par value $.01 per share
(e) CUSIP Number
62757C108
ITEM 3. Not Applicable
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: 0
(b) Percent of class: 0
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote 0.
(ii) Shared power to vote or to direct the vote 0.
(iii) Sole power to dispose or to direct the disposition of 0.
(iv) Shares power to dispose or to direct the disposition of
0.
Instruction: For computations regarding securities which represent a right to
acquire an underlying security see Section 240.13d-3(d)(1).
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following. [X]
Page 3 of 5 pages
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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 my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
January 1, 2001
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Date
VIRGIN HOLDINGS, INC.
By: JAY A. SAMIT
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Signature
By: Jay A. Samit, Vice President
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Name/Title
Page 5 of 5 pages
