LIBERTY LIVEWIRE CORP
8-K, 2000-08-09
ALLIED TO MOTION PICTURE PRODUCTION
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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


Date of Report (Date of Earliest event reported)           July 19, 2000
                                               ---------------------------------


                          LIBERTY LIVEWIRE CORPORATION
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


         Delaware                     0-1461                     13-1679856
--------------------------------------------------------------------------------
(State or other jurisdiction       (Commission               IRS Employer
      of incorporation)             File Number)             Identification No.)


              900 North Seward Street, Hollywood, California 90038
--------------------------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)


        Registrant's telephone number, including area code (323) 962-4000
--------------------------------------------------------------------------------


                             THE TODD-AO CORPORATION
--------------------------------------------------------------------------------
          (Former name or former address, if changed from last report)


Exhibit index located on page 2.




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                          LIBERTY LIVEWIRE CORPORATION


                                    FORM 8-K


                                  July 19, 2000


                           ---------------------------

                                TABLE OF CONTENTS


Item 5.           OTHER EVENTS.                                           Page 2

Item 7.           FINANCIAL STATEMENTS AND EXHIBITS.                      Page 2




                                       1



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Item 5.   OTHER EVENTS.

          In a transaction that closed on July 19, 2000, Liberty SEG Acquisition
          Sub LLC ("Liberty Sub"), a limited liability company of which Liberty
          Media Corporation, a Delaware corporation ("Liberty") was the sole
          member, acquired the post-production content and sound editorial
          businesses of SounDelux Entertainment Group of Delaware, Inc
          ("SounDelux"), for $90 million in cash. SounDelux retains its location
          based entertainment and theatre design businesses. Immediately
          following the closing of this asset purchase, Liberty contributed 100%
          of its ownership interests in Liberty Sub to Liberty Livewire
          Corporation ("Livewire" or the "Company") in exchange for 8,181,818
          shares of the Company's Class B Common Stock pursuant to a previously
          negotiated contribution agreement between Liberty and Livewire.

          This acquisition increases Liberty's investment in the Company to
          approximately 31.3 million shares of Livewire's Class B Common Stock,
          representing 100% of the outstanding shares of the Company's Class B
          Common Stock, as of July 19, 2000 and approximately 88% of the
          Company's currently outstanding equity, which consists of the
          Company's Class A and Class B Common Stock.


Item 7.   Financial Statements and Exhibits

          (c) The following exhibits are incorporated by reference and filed
              with this Current Report on Form 8-K:


          EXHIBIT NO.       EXHIBIT

          1                 The Post-Merger Business Combinations
                            Agreement, dated as of February 11, 2000, by
                            and between Liberty Media Corporation and
                            The Todd-AO Corporation is incorporated by
                            reference to Liberty Media Corporation's
                            Schedule 13D/A filed with the Commission on
                            June 7, 2000.

          2                 Amendment No. 1 to the Post-Merger Business
                            Combinations Agreement dated July 19, 2000 by and
                            between Liberty Media Corporation and Liberty
                            Livewire Corporation (formerly known as The Todd-AO
                            Corporation) is incorporated by reference to Liberty
                            Livewire Corporation's Schedule 13D/A filed with the
                            Commission on July 26, 2000.


                                       2
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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



                                     LIBERTY LIVEWIRE CORPORATION
                                  ---------------------------------
                                            (Registrant)


                                      /s/  JEFFREY J. MARCKETTA
                                  ----------------------------------------------
                                           Jeffrey J. Marcketta
                                          Chief Financial Officer


    August 8, 2000
-------------------------
        Date


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