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):
August 3, 1999
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
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(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events.
Time Warner Entertainment Company, L.P. ("TWE") files this Report on Form
8-K to report that MediaOne Group, Inc.'s ("MediaOne") management and govern-
ance rights over all of TWE's businesses have terminated, as described below.
This reduction in governance rights will result in Time Warner Inc. consolida-
ting TWE's operating results and financial position for accounting purposes,
which is expected to occur no later than the third quarter of this year.
On August 3, 1999, TWE received a notice (the "Termination Notice") from
MediaOne, a holder of a limited partnership interest in TWE, concerning the
termination of MediaOne's covenant not to compete with TWE. The termination of
that covenant is necessary for MediaOne to complete its merger with AT&T Corp.
As a result of the Termination Notice and the operation of the Partnership
Agreement governing TWE, MediaOne's governance and management rights have
terminated immediately and irrevocably to the fullest extent permitted by
Section 5.5(f) of the TWE Partnership Agreement. As a result, MediaOne no
longer has a vote on or any right to participate in the Cable Management
Committee described on page I-21 of TWE's Annual Report on Form 10-K for the
year ended December 31, 1998, and its representatives serving on TWE's
Board of Representatives no longer have the right to vote on any matter
pertaining to any of TWE's businesses. MediaOne retains certain protective
governance rights on the TWE Board of Representatives pertaining to certain
limited matters affecting TWE as a whole.
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has caused this report to be signed on its behalf by the under-
signed, thereunto duly authorized, in the City of New York, State of New York,
on August 5, 1999.
TIME WARNER ENTERTAINMENT COMPANY, L.P.
By: WARNER COMMUNICATIONS INC.
As General Partner
By: /s/Christopher P. Bogart
Name: Christopher P. Bogart
Title: Vice President
AMERICAN TELEVISION AND COMMUNICATIONS
CORPORATION
WARNER COMMUNICATIONS INC.
By: /s/Christopher P. Bogart
Name: Christopher P. Bogart
Title: Vice President
