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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): November 13, 2000
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CSS INDUSTRIES, INC.
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(Exact Name of Registrant Specified in Charter)
Delaware 1-2661 13-1920657
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(State or Other (Commission File Number) (I.R.S. Employer
Jurisdiction of Identification No.)
Incorporation)
1845 Walnut Street
Philadelphia, PA 19103
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (215) 569-9900
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.
CSS Industries, Inc. ("CSS") has entered into a license agreement with
Warner Bros. Consumer Products, a Division of Time Warner Entertainment Company,
L.P. ("Warner Bros."), pursuant to which CSS has obtained non-exclusive rights
in the United States to develop and sell a variety of seasonal products based
upon two planned "Harry Potter" motion pictures. The license agreement covers
the forthcoming Harry Potter movies that will be based on J.K. Rowling's books
Harry Potter and the Sorcerer's Stone and Harry Potter and the Chamber of
Secrets.
Under the agreement with Warner Bros., CSS has the right to
manufacture, distribute and sell children's exchange valentines, seasonal gift
wrap, gift bags, gift tags, tissue, ribbons, bows and boxed Christmas cards, all
based upon the Harry Potter movies. The rights granted to CSS run from October
1, 2000 to February 29, 2004, and CSS's distribution rights for seasonal Harry
Potter products include a variety of retail channels, including national and
regional mass market retailers, as well as drug stores and supermarkets. The
rights granted to CSS also extend to its consumer products subsidiaries, which
include The Paper Magic Group, Inc., Cleo Inc and Berwick Industries LLC.
As part of the agreement with Warner Bros., CSS also has non-exclusive
rights in the United States to develop various Harry Potter educational products
for distribution into the teacher store market. The rights granted to CSS extend
to such products as bulletin board sets, nameplates, award certificates, cling
posters, success stickers, deco trim and classroom banners, all based upon the
books Harry Potter and the Sorcerer's Stone and Harry Potter and the Chamber of
Secrets.
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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.
CSS INDUSTRIES, INC.
(Registrant)
By \s\ Clifford E. Pietrafitta
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Clifford E. Pietrafitta
Vice President - Finance and
Chief Financial Officer
Date: November 14, 2000
