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
March 10, 1997
Date of Report (Date of earliest event reported) ------------------------------
MILLENNIA, INC.
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(Exact name of registrant as specified in its charter)
Delaware
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(State or other jurisdiction of incorporation)
1-12572 59-2158586
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(Commission File Number) (IRS Employer Identification No.)
16910 Dallas Parkway, Suite 100, Dallas, Texas 75248
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(Address of principal executive offices) (Zip Code)
(972) 248-1922
Registrant's telephone number, including area code ---------------------------
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(Former name or former address, if changed since last report)
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ITEM 5. Other Events.
On March 10, 1997, the Registrant announced the formation of a new wholly-owned
subsidiary, Millennia Entertainment, Inc., and named Mr. Jim Weinberg President
of the subsidiary. The full text of the news release announcing these events
follows:
FOR IMMEDIATE RELEASE
CONTACT: Adrienne Beam (972)248-1922
MILLENNIA, Inc.
16910 Dallas Parway-Suite 100-Dallas, Texas 75248
NEWS RELEASE
MILLENNIA, INC. FORMS NEW UNIT TO ENTER THE HOME VIDEO MARKET.
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DALLAS, TEXAS - March 10, 1997 - Millennia, Inc. (Amex:"IA") announced today
that it has formed a new wholly owned subsidiary, Millennia Entertainment, Inc.
and has named Jim Weinberg as the unit's new President.
Millennia Entertainment is in the process of acquiring an extensive film
library from various sources, consisting of both public domain films and
original programming. It is the company's goal to establish itself as the
leading source for master quality film classics for under $10- a timeless
collection of treasured films and original programming.
Mr. Jim Weinberg, the co-founder of Digital communications Technology
Corporation (Amex: "DCT") has resigned from DCT after helping to guide his
former company since 1987, to accept the appointment as the President of the new
unit. As co-founder of DCT, Mr. Weinberg was instrumental in helping to build
DCT from its infancy to a profitable company with current annualized sales in
excess of $30 million.
Millennia Entertainment is headquartered in Dallas, Texas with a regional East
Coast office in Hollywood, Florida.
The information in this news release includes certain forward looking statements
that are based upon assumptions that in the future may prove not have been
accurate and are subject to significant risks and uncertainties, including
statements to the future financial performance of the Company. Although the
Company believes that the expectations reflected in its forward looking
statements are reasonable, it can give no assurance that such expectations or
any of its forward looking statements will prove to be correct. Factors that
could cause results to differ include, but are not limited to, succesful
performance of internal plans, product development and acceptance, the impact of
competitive services and pricing, genergal economic risks and uncertainties.
2
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SIGNATURE
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.
MILLENNIA, INC.
/s/ Kevin B. Halter
By: --------------------------------
Kevin B. Halter, President
Dated: March 14, 1997
