SOFTKEY INTERNATIONAL INC
8-K, 1996-10-25
PREPACKAGED SOFTWARE
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<PAGE>   1








                         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



                                   October 24, 1996                
                  -------------------------------------------------
                  (Date of Report; Date of Earliest Event Reported)



                             The Learning Company, Inc.
               ------------------------------------------------------
               (Exact name of registrant as specified in its charter)


                                      Delaware                   
                   ----------------------------------------------
                   (State or other jurisdiction of incorporation)


                 0-13069                                  94-2562108      
         ------------------------                    -------------------
         (Commission File Number)                     (I.R.S. Employer
                                                     Identification No.)


                  One Athenaeum Street
                Cambridge, Massachusetts                         02142     
         ---------------------------------------------------------------
         (Address of Principal Executive Offices)             (Zip Code)



                                   (617) 494-5000                         
                ----------------------------------------------------
                (Registrant's Telephone Number, Including Area Code)



                          SoftKey International Inc.
         ---------------------------------------------------------------
          (Former name or former address, if changed since last report.)



                                 Page 1 of 6 pages.
                          Exhibit Index appears on page 4.
<PAGE>   2





                      INFORMATION TO BE INCLUDED IN THE REPORT


         ITEM 5.   OTHER EVENTS

              Effective October 24, 1996, SoftKey International Inc., a
         Delaware corporation, changed its name to The
         Learning Company, Inc. (the "Registrant"). 









                                        -2-
<PAGE>   3





                                     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 thereunto duly authorized.



         Date:  October 24, 1996          THE LEARNING COMPANY, INC.



                                          By: /s/ Neal S. Winneg
                                             ---------------------------
                                             Neal S. Winneg
                                             Vice President and General
                                               Counsel







                                        -3-
<PAGE>   4





                                   Exhibit Index



         Exhibit
            No.                           Description
         -------                          -----------

           24.1                           Press Release, dated 
                                          October 24, 1996, issued 
                                          by the Registrant






                                        -4-

<PAGE>   1






      NEWS

      FOR IMMEDIATE RELEASE

      Please Contact: Stacy Pena     Investor Relations:  John Suske
                      The Learning Company, Inc.          The Learning
                      (510) 713-6011                      Company, Inc.
                      [email protected]                (617) 494-5816
                                                          [email protected]

         SOFTKEY INTERNATIONAL INC. CHANGES NAME TO THE LEARNING COMPANY, INC.


         CAMBRIDGE, MASS.-OCTOBER 24, 1996 - SoftKey International Inc.
         (Nasdaq: SKEY), a leading provider of educational software, today
         announced that the company is changing its name to "The Learning
         Company, Inc."  The new name is effective today.  In conjunction
         with the new name, the company is unveiling today a new corporate
         logo for The Learning Company with the slogan "For Greater
         Knowledge."

              "As the market share leader in educational software, we are
         America's Learning Company," said Michael Perik, Chairman and
         Chief Executive Officer.  "Eighty Percent of our revenue comes
         from educational and reference products.  Our new corporate name,
         The Learning Company, Inc., sends a clear and powerful signal
         about our core business:  providing the best software in education
         and reference for children and adults who want to learn."

              "Our family of premium software brands provides the best
         educational software to consumers of every age through our many
         powerful channels of distribution.  Changing our corporate name
         will help us focus on this core business as we continue to develop
         exciting new content and to expand our distribution to new media
         and to more countries," Perik continued.

              President Kevin O'Leary explained that the new corporate name
         will not change the company's branding strategy.  Educational
         software will continue to be marketed to consumers and schools
         under The Learning Company and MECC brands; reference software
         will continue to be marketed under the new Compton's Home Library
         brand.  Other SoftKey products, including productivity, value-
         priced software and other localized products in international
         markets, will also continue to be sold under their respective
         brands.  "However, just as our recent consumer research led to the
         launch of the new Compton's Home Library reference line, we are
         continuing to research our other categories of software and will
         launch additional new brands according to consumer demand," said
         O'Leary.

<PAGE>   2





              In a separate press release, the company also announced today
         that the listing of its common stock is moving to the New York
         Stock Exchange.  Trading is expected to being in mid-November
         under the symbol "TLC."  Until that time, the company's common
         stock will continue to trade on the Nasdaq Stock Market under the
         symbol "SKEY."

              SoftKey International Inc. develops, publishes and markets a
         family of premium software brands that educate across every age,
         from young children to adults.  The company's products are sold in
         more than 23,000 retail stores in North America and through
         multiple distribution channels including school sales, online,
         direct marketing and OEM.  The Company also develops, publishes
         and distributes products worldwide including France, Germany, the
         United Kingdom, Holland and the Pacific Rim.  The company's
         headquarters are located at One Athenaeum Street, Cambridge,
         Mass. 02142, telephone (617) 494-1200; fax (617) 494-1219.  The
         corporate Web site is located at www.learningco.com, and Customer
         Service can be reached at (800) 227-5609.

                                         ###

         All trademarks and registered trademarks are the properties of
         their respective holders.

         The new corporate logo can be downloaded from the World Wide Web
         at URL:http://madesign.com.  Artwork can also be obtained by
         request via e-mail addressed to:  [email protected] or by fax
         at (510) 792-9628.


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