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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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):
JANUARY 31, 2000
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UNITEL VIDEO, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE 1-8654 23-1713238
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
555 WEST 57TH STREET, NEW YORK, NEW YORK 10019
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(Address of principal executive offices) (Zip Code)
212-265-3600
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(Registrant's telephone number, including area code)
N/A
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(Former name or former address,
if changed since last report.)
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FORM 8-K UNITEL VIDEO, INC.
(File no. 1-8654) Page 2 of 4
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
On January 31, 2000, Grant Thornton LLP ("Grant Thornton"), Unitel Video, Inc.'s
(the "Company") independent public accountant, informed the Company that it has
declined to undertake an audit of the Company's financial statements for the
fiscal year ended August 31, 1999. Neither the audit committee of the Board of
Directors nor the Board of Directors of the Company recommended or approved a
decision to change the Company's accountants.
Grant Thornton's report on the financial statements of the Company for each of
the two fiscal years of the Company ended August 31, 1997 and August 31, 1998,
the last two fiscal years for which Grant Thornton audited the Company's
financial statements, did not contain an adverse opinion or a disclaimer of
opinion, nor was either such report qualified or modified as to uncertainty,
audit scope, or accounting principles. Furthermore, during the Company's two
most recent fiscal years, and the interim periods preceding Grant Thornton's
notice of declination to audit the Company's financial statements for the fiscal
year ended August 31, 1999, there were no disagreements with Grant Thornton on
any matter of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which disagreement(s), if not
resolved to the satisfaction of Grant Thornton, would have cuased Grant Thornton
to make reference to the subject matter of the disagreement(s) in connection
with its report on the financial statements of the Company.
No event of the type described in Item 304(a)(v)(A)-(D) of Regulation S-K of the
Securities Exchange Act of 1934, as amended, has occurred within the Company's
two most recent fiscal years ended August 31 1998 and August 31, 1999, or the
interim periods preceding Grant Thornton's notice of declination to audit the
Company's financial statements for the fiscal year ended August 31, 1999.
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FORM 8-K UNITEL VIDEO, INC.
(File no. 1-8654) Page 3 of 4
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ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(a) Financial statements of business acquired:
Not applicable
(b) Pro forma financial information:
Not applicable
(c) Exhibits:
16.1 Letter dated February 4, 2000 from Grant Thornton LLP to the
Securities and Exchage Commission
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FORM 8-K UNITEL VIDEO, INC.
(File no. 1-8654) Page 4 of 4
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
UNITEL VIDEO, INC.
Dated: February 4, 2000 By: /s/ Ira Glazer
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Ira Glazer
Getzler & Co., Inc., consultant
for Unitel Video, Inc.
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EXHIBIT INDEX
<TABLE>
<CAPTION>
EXHIBIT NUMBER DESCRIPTION
<S> <C>
16.1 Letter dated February 4, 2000 from Grant Thornton LLP
to the Securities and Exchage Commission
</TABLE>
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Accountants and GRANT THORNTON
Management Consultants
Grant Thornton LLP
The US Member Firm of
Grant Thornton International
February 4, 2000
Securities and Exchange Commission
Washington, D.C. 20529
Re: Unitel Video, Inc.
File No. 1-8654
Dear Sir or Madam:
We have read item 4 of the Form 8-K of Unitel Video, Inc. dated February 4, 2000
and agree with the statements contained therein.
Very truly yours,
Grant Thornton LLP
/s/ Grant Thornton LLP
cc: Unitel Video, Inc.
