FORM 3
OMB APPROVAL
OMB Number 3235-0104
Expires: September 30, 1998
Estimated Average burden
hours per response. . . 0.5
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the Investment Company
Act of 1940
(Print or Type Responses)
1. Name and Address of Reporting Person*
The Hearst Family Trust
(Last) (First) (Middle)
959 Eighth Avenue
(Street)
New York, New York 10019
(City) (State) (Zip)
2. Date of Event Re-Requiring Statement
(Month/Day/Year)
5/25/98
3. IRS or Social Security Number of Reporting Person
(Voluntary)
4. Issuer Name and Ticker or Trading Symbol
Pulitzer Publishing Company (NYSE: PTZ)
5. Relationship of Reporting Person to Issuer
(Check all applicable)
Director 10% Owner
Officer (give <checked-box>Other (specify
title below) below)
6. If Amendment, Date of Original
(Month/Day/Year)
7. Individual or Joint/Group Filing (Check Applicable Line)
<checked-box> Form filed by One
Reporting Person
__ Form filed by More than
One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security
(Instr. 4)
None.
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see
Instruction 5(b)(v).
(over)
SEC 1473 (9-96)
FORM 3 (continued) Table II - Derivative Securities
Beneficially Owned (e.g., puts, calls,
warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
Class B Common Stock
2. Date Exercisable and
Expiration Date
(Month/Day/
Year)
Date Exercisable Expiration Date
(1) N/A
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
Title Amount or Number of Shares
Common Stock, par value $.01 14,537,808
4. Conversion or Exercise
Price of Derivative
Security
(1)
5. Ownership
Form of Derivative
Security: Direct
(D) or Indirect(I)
(Instr. 5)
I
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Pursuant to Voting Agreement*
Explanation of Responses:
(1) Each share of the Issuer's Class B Common Stock, par value
$0.01, is convertible at any time into one share of the Issuer's
Common Stock, par value $0.01.
* Although the Reporting Person owns no shares of the
Issuer's Common Stock, as of May 25, 1998, under the definition
of "beneficial ownership" set forth in Rule 16a-1 under the
Securities Exchange Act of 1934, as amended, the Reporting
Person may be deemed beneficial owner of 14,537,808 shares
of the Issuer's Common Stock, pursuant to Hearst Broadcasting,
Inc.'s (a wholly owned subsidiary of The Hearst Corporation)
ownership of Hearst-Argyle Television, Inc. and the
Pulitzer Voting Agreement, dated May 25, 1998, among Hearst-Argyle
Television, Inc. and certain of the stockholders of the Issuer.
The Reporting Person owns all of The Hearst Corporation's issued
and outstanding common stock.
Intentional misstatements or omissions of facts constitute
Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually
signed. If space provided is insufficient, see Instruction 6 for
procedure.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB Number.
/s/ Victor F. Ganzi 6/4/98
**Signature of Reporting Person Date
Trustee, on behalf of
The Hearst Family Trust
Page 2
SEC 1473 (9-96)
