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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
December 13, 1999
Date of report (Date of earliest event reported)
K-TEL INTERNATIONAL, INC.
(Exact Name of Registrant as Specified in Charter)
MINNESOTA 0-6664 41-0946588
(State or Other (Commission File Number) (IRS Employer
Jurisdiction Identification No.)
of Incorporation)
2605 Fernbrook Lane North, Plymouth, Minnesota 55447-4736
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(Address of Principal Executive Offices)
(612) 559-6800
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(Registrant's telephone number, including area code)
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ITEM 1. CHANGES IN CONTROL OF REGISTRANT.
Not Applicable.
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
Not Applicable.
ITEM 3. BANKRUPTCY OR RECEIVERSHIP.
Not Applicable.
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
(a) See registrant's Form 8-K for the event reported October 7, 1999.
(b) New independent accountant
(i) The registrant engaged Grant Thornton LLP as its new independent
accountant as of December 13, 1999. During the two most recent
fiscal years and through December 13, 1999, neither the
registrant nor someone on its behalf has consulted with Grant
Thornton LLP on items which (1) involved the application of
accounting principles to a specified transaction, either
completed or proposed, or involved the type of audit opinion that
might be rendered on the registrant's financial statements, or
(2) concerned the subject matter of a disagreement or reportable
event with the former auditor.
ITEM 5. OTHER EVENTS.
Not Applicable.
ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS
Not Applicable.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial statements of businesses acquired.
Not Applicable.
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(b) Pro forma financial information.
Not Applicable.
(c) Exhibits.
Not Applicable.
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SIGNATURE
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 thereunto duly authorized.
Date: December 16, 1999 By: /s/ Steven A. Kahn
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Name: Steven A. Kahn
Title: Chief Financial Officer
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