SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
Commission File Number: 0-16099
NOTIFICATION OF LATE FILING
(Check One):[x]Form 10-K [_]Form 11-K [_]Form 20-F [_]Form 10-Q [_]Form N-SAR
For Period Ended: December 31, 1996
[_] Transition Report on Form 10-K [_] Transition Report on Form 10-Q
[_] Transition Report on Form 20-F [_] Transition Report on Form N-SAR
[_] Transition Report on Form 11-K
For Period Ended:
Read attached instruction sheet before preparing form. Please print or
type.
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the item(s) to which the notification relates:
PART I
REGISTRANT INFORMATION
Full name of registrant TELEMUNDO GROUP, INC.
_____________________
Former name if applicable
______________________________________________________
_______________________________________________________________________________
Address of principal executive office (Street and number)
2290 West 8th Avenue
_______________________________________________________________________________
City, state and zip code Hialeah, Florida 33010
__________________________________________________
PART II
RULE 12b-25 (b) AND (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check appropriate box.)
[x] (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
[x] (b) The subject annual report, semi-annual report, transition report on Form
10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or before
the 15th calendar day following the prescribed due date; or the subject
quarterly report or transition report of Form 10-Q, or portion thereof will be
filed on or before the fifth calendar day following the prescribed due date; and
[x] (c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
PART III
NARRATIVE
State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F,
10-Q, N-SAR or the transition report portion thereof could not be filed within
the prescribed time period. (Attach extra sheets if needed.)
The Company's Annual Report on Form 10-K will not be filed within the
prescribed time because of unanticipated delays in finalizing certain
information required for completion of the narrative and financial statement
sections of the Form 10-K.
<PAGE>
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Peter J. Housman II (305) 889-7999
_______________________________________________________________________________
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d)
of the Securities Exchange Act of 1934 or Section 30 of the Investment Company
Act of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If the answer is no,
identify report(s). [x] Yes [_] No (3) Is it anticipated that any significant
change in results of operations from the corresponding period for the last
fiscal year will be reflected by the earnings statements to be included in the
subject report or portion thereof? [x] Yes [_] No
It is anticipated that (1) operating income for the fiscal year ended
December 31, 1996 will increase to $29.3 million as compared to $14.4 million
for the fiscal year ended December 31, 1995; (2) EBITDA for the fiscal year
ended December 31, 1996 will increase to $42.6 million as compared to $26.0
million for the fiscal year ended December 31, 1995; (3) net loss after
extraordinary items for the fiscal year ended December 31, 1996 will increase to
($18.4) million as compared to ($10.1) million for the fiscal year ended
December 31, 1995; and (4) net loss before extraordinary items for the fiscal
year ended December 31, 1996 will decrease to ($1.2) million as compared to
($10.1) million for the fiscal year ended December 31, 1995.
If so: attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
TELEMUNDO GROUP, INC.
_______________________________________________________________________________
(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date March 31, 1997 By /s/Peter J. Housman II
_________________________ ____________________________________
Peter J. Housman II,
Chief Financial Officer
Instruction. The form may be signed by an executive officer of the
registrant or by any other duly authorized representative. The name and title of
the person signing the form shall be typed or printed beneath the signature. If
the statement is signed on behalf of the registrant by an authorized
representative (other than an executive officer), evidence of the
representative's authority to sign on behalf of the registrant shall be filed
with the form.
ATTENTION
Intentional misstatements or omissions of fact constitute Federal
criminal violations (see 18 U.S.C. 1001).
GENERAL INSTRUCTIONS
1. This form is required by Rule 12b-25 of the General Rules and
Regulations under the Securities Exchange Act of 1934.
2. One signed original and four conformed copies of this form and
amendments thereto must be completed and filed with the Securities and Exchange
Commission, Washington, DC 20549, in accordance with Rule 0-3 of the General
Rules and Regulations under the Act. The information contained in or filed with
the form will be made a matter of the public record in the Commission files.
3. A manually signed copy of the form and amendments thereto shall be
filed with each national securities exchange on which any class of securities of
the registrant is registered.
<PAGE>
4. Amendments to the notifications must also be filed of Form 12b-25 but
need not restate information that has been correctly furnished. The form shall
be clearly identified as an amended notification.
5. Electronic Filers. This form shall not be used by electronic filers
unable to timely file a report solely due to electronic difficulties. Filers
unable to submit a report within the time period prescribed due to difficulties
in electronic filing should comply with either Rule 201 or Rule 202 of
Regulation S-T or apply for any adjustment in filing date pursuant to Rule 13(b)
of Regulation S-T.
