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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Filed Pursuant to Section 13 OR 15(d) of
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): December 4, 1996
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METROMEDIA INTERNATIONAL GROUP, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE 1-5706 58-0971455
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(State or other Commission File Number) (IRS Employer
jurisdiction of Identification
incorporation) Number)
945 East Paces Ferry Road
Suite 2210
Atlanta, Georgia 30326
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(Address of principal executive offices)
Registrant's telephone number, including area code: (404) 261-6190
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Item 5. OTHER EVENTS
On December 4, 1996, the Company issued a press release, a copy of which is
attached as Exhibit 99.1, in which it announced that John D. Phillips resigned
as President and Chief Executive Officer and as a Director of the Company.
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Item 7. Financial Statements, Pro Forma
FINANCIAL INFORMATION AND EXHIBITS
(c) The following is an exhibit to this Report and is filed herewith:
Exhibit 99.1 Press Release dated December 4, 1996 of
Metromedia International Group, Inc.
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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.
METROMEDIA INTERNATIONAL GROUP, INC.
(Registrant)
By: /s/ ARNOLD L. WADLER
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Executive Vice President
Dated: December 5, 1996
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EXHIBIT 99.1
[MIG Logo]
Metromedia International Group announces John D. Phillips resignation
Subotnick named president and CEO
NEW YORK -- Dec. 4, 1996 -- Metromedia International Group Inc.
(ASE:MMG) Wednesday announced that the company has accepted the resignation
of its president and chief executive officer, John D. Phillips.
Phillips also resigned as a director. Phillips stated that he resigned to
pursue other business opportunities.
John W. Kluge, chairman of the board, announced that the company's vice
chairman, Stuart Subotnick, would immediately assume the additional roles of
president and chief executive officer.
Phillips said: "I continue to be excited about the company's
prospects in the entertainment and telecommunications business. Due to
personal reasons, and other commitments, I have resigned now as the company
looks forward to 1997 under the continued leadership of John Kluge and Stuart
Subnotnick."
Metromedia International Group is a global entertainment, media and
communications company whose primary operations are engaged in two
businesses: the development, production, acquisition and worldwide
distribution of motion pictures, television programming and prerecorded
videocassettes, through Metromedia Entertainment Group; and the development
and operation of communications businesses, including wireless cable
television systems, wireless local loop telephone services, GSM telephone,
paging systems, an international toll calling service, trunked mobile radio
services and radio stations in Eastern Europe, the former Soviet Republics
and other emerging markets through its Communications Group.
CONTACT: Phillip I. Myers
For Metromedia International Group
310/282-2572
