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):
December 18, 1998
TIME WARNER ENTERTAINMENT COMPANY, L.P.
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(Exact name of registrant as specified in its charter)
Delaware 1-12878 13-3666692
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(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
American Television and
Communications Corporation Delaware 13-2922502
Warner Communications Inc. Delaware 13-2696809
(Exact name of registrant (State or other (I.R.S. Employer
as specified in its Charter) jurisdiction of Identification No.)
incorporation
or organization)
75 Rockefeller Plaza,New York, NY 10019
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(Address of principal executive offices) (zip code)
(212) 484-8000
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(Registrant's telephone number, including area code)
Not Applicable
---------------------------------
(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events.
Reference is made to the litigation entitled SIX FLAGS OVER GEORGIA, INC.,
ET AL. V. SIX FLAGS FUND, LTD., ET AL. commenced in Superior Court in Gwinnett
County, Georgia in connection with the management of the Six Flags Over Georgia
Theme Park described on pages I-28 and I-29 of the Annual Report on Form 10-K
for the year ended December 31, 1997 of Time Warner Entertainment Company, L.P.
("TWE") and on page 44 of TWE's Quarterly Report on Form 10-Q for the quarter
ended September 30, 1998. On December 18, 1998, the jury awarded plaintiffs
$197 million in compensatory damages and on December 21, 1998, the jury awarded
plaintiffs $257 million in punitive damages. A portion of the amounts awarded
are the responsibility of entities other than TWE and its subsidiaries. TWE
intends to appeal these verdicts.
<PAGE>
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, in the City of New York, State of New
York, on December 31, 1998.
TIME WARNER ENTERTAINMENT COMPANY, L.P.
By: WARNER COMMUNICATIONS INC.
As General Partner
By: /s/Thomas W. McEnerney
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Name: Thomas W. McEnerney
Title: Vice President
AMERICAN TELEVISION AND COMMUNICATIONS
CORPORATION
WARNER COMMUNICATIONS INC.
By: /s/Thomas W. McEnerney
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Name: Thomas W. McEnerney
Title: Vice President
