PARAMOUNT COMMUNICATIONS INC /DE/
15-12G, 1994-07-07
MOTION PICTURE & VIDEO TAPE PRODUCTION
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                        SECURITIES AND EXCHANGE COMMISSION
                              Washington, D.C. 20549

                                      FORM 15


              Certification and Notice of Termination of Registration
            under Section 12(g) of the Securities Exchange Act of 1934
              or Suspension of Duty to File Reports under Section 13
                 and 15(d) of the Securities Exchange Act of 1934

                                                  Commission File Number 1-5404
                                                                         ------


                            Paramount Communications Inc.           
              ------------------------------------------------------
              (Exact name of Registrant as specified in its charter)


                                15 Columbus Circle
                     New York, New York 10023 (212) 373-8000             
         ----------------------------------------------------------------
    (Address, including zip code and telephone number, including area code, of
                     Registrant's principal executive offices)



          7-1/2% senior notes due 2002 of Paramount Communications Inc.
                                ("7-1/2% Notes")
        8-1/4% senior debentures due 2022 of Paramount Communications Inc.
                              ("8-1/4% Debentures")
           5-7/8% senior notes due 2000 of Paramount Communications Inc.
                                  ("5-7/8% Notes")
         7-1/2% senior debentures due 2003 of Paramount Communications Inc.
                               ("7-1/2% Debentures")
    Common Stock, par value $1.00 per share, of Paramount Communications Inc.
         ("Common Stock"), including Common Stock Purchase Rights of
                 Paramount Communications Inc. ("Rights")
               -----------------------------------------------------
             (Title of each class of securities covered by this Form)

   7% subordinated debentures Series A due 2003 of Paramount Communications Inc.
   7% subordinated debentures Series B due 2003 of Paramount Communications Inc.
              -------------------------------------------------------
            (Title of all other classes of securities for which a duty
               to file reports under Section 13(a) or 15(d) remains)


       Please place an X in the box(es) to designate the appropriate rule
  provision(s) relied upon to terminate or suspend the duty to file reports:

    Rule 12g-4(a)(1)        /X/         Rule 12h-3(b)(1)(ii)  / /
    Rule 12g-4(a)(1)(ii)    / /         Rule 12h-3(b)(2)(i)   / /
    Rule 12g-4(a)(2)(i)     / /         Rule 12h-3(b)(2)(ii)  / /
    Rule 12g-4(a)(2)(ii)    / /         Rule 15d-6            / /
    Rule 12h-3(b)(1)(i)     /X/

       Approximate number of holders of record as of the certification or notice
  date:

       Security                      Holders
       --------                      -------

       7-1/2% Notes                    39
       8-1/4% Debentures               95
       5-7/8% Notes                    24
       7-1/2% Debentures               39
       Common Stock                     1
       Rights                           1

<PAGE>



       Pursuant to the requirements of the Securities Exchange Act of 1934, as
  amended, Paramount Communications Inc. has caused this certification/notice
  to be signed on its behalf by the undersigned duly authorized person.

                                PARAMOUNT COMMUNICATIONS INC.

  DATE:    July 7, 1994         BY: /s/ MICHAEL D. FRICKLAS   
        -----------------           --------------------------
                                     Name: Michael D. Fricklas
                                     Title: Senior Vice President
                                     and Deputy General Counsel


                    





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