MULTIMEDIA INC
8-K, 1994-10-18
TELEVISION BROADCASTING STATIONS
Previous: MOTOROLA INC, S-3, 1994-10-18
Next: CORESTATES FINANCIAL CORP, S-4/A, 1994-10-18



     THIS CONFORMING PAPER FORMAT DOCUMENT IS BEING SUBMITTED     
          PURSUANT TO RULE 901(d) OF REGULATION   S-T.


               SECURITIES AND EXCHANGE COMMISSION

                      Washington, DC 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):  October 12, 1994


                        MULTIMEDIA, INC.                    
       ___________________________________________________
      (Exact name of registrant as specified in its charter)


                         South Carolina                   
           ___________________________________________
          (State or other jurisdiction of incorporation)


      0-6265                                 57-0173540  
______________________             ______________________________ 
Commission File Number            (IRS Employer Identification No.)


305 South Main Street, Greenville, South Carolina           29601  
_________________________________________________         _______
    (Address of principal executive offices)              Zip Code



                         (803) 298-4373                      
       __________________________________________________
       Registrant's Telephone Number, Including Area Code
<PAGE>
ITEM 5.   OTHER EVENTS.

On October 12, 1994, the Company announced the signing of a new
contract with Phil Donahue in the attached Press Release, the first
paragraph of which press release is incorporated herein by
reference thereto.  The new contract took the form of an amendment
of the existing contract, together with the grant of an option for
50,000 shares of the Company's common stock exercisable at the
stock's fair market value on the date of execution of the
amendment.

ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS

     (c)  Exhibits

          20.  Press release dated October 12, 1994.
<PAGE>
                                SIGNATURES



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 hereunto duly authorized.





                                        MULTIMEDIA, INC.



Dated:  October 18, 1994      SIGNATURE APPEARS HERE
                              _____________________________________
                              Robert E. Hamby, Jr.
                              Senior Vice President and 
                              Chief Financial Officer




Dated:  October 18, 1994      SIGNATURE APPEARS HERE
                              _____________________________________
                              Thomas L. Magaha
                              Vice President-Controller



MULTIMEDIA ANNOUNCES RENEWAL OF PHIL 
DONAHUE CONTRACT

GREENVILLE, S.C. - OCT. 12, 1994 --  Multimedia, Inc.
today announced that Phil Donahue, host of television's
longest-running talk show, has signed a new contract. 
Under the terms of the agreement, Donahue will continue
to host the Donahue show through August 31, 1996,
which covers the '95-'96 television season.  His old
contract was due to expire in August 1995.

Donald D. Sbarra, Multimedia's chairman and chief
executive officer, said, "We're very proud of our
association with Phil Donahue, which is one of the longest
collaborations in the history of television.  We're delighted
that Phil wishes to continue with Donahue, the show that
originated the enormously successful talk show genre."

Phil Donahue has hosted the show since the program was
introduced as a local show in Dayton, Ohio, in 1967. 
Broadcast in over 90% of the United States and 45 foreign
countries, the show is now in its 27th year.  Donahue has
received 19 national Emmys and many other awards.

Multimedia, Inc. is a diversified media company
headquartered in Greenville, S.C., which publishes 11 daily
and 49 non-daily newspapers, owns and operates five
television and five radio stations, operates 125 cable
franchises in five states, monitors approximately 60,000
security alarm subscribers, and produces and/or syndicates
quality television programming, including Donahue; Sally
Jessy Raphael; Jerry Springer; Rush Limbaugh, The
Television Show; Susan Powter and Dennis Prager, and The
Talk Channel, a 24-hour cable channel.

Contact:  Markeeta L. McNatt
          Vice President - Investor Relations
          (803) 298-4819




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission