<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 8)
HERITAGE MEDIA CORPORATION
------------------------------
(Name of Issuer)
Class A Common Stock
--------------------------------------------
(Title of Class of Securities)
427241203
----------------------------------------
(CUSIP Number)
Patricia A. Maher, Esq.
Goldman, Sachs & Co.
85 Broad Street
New York, New York 10004
(212) 902-0940
--------------------------------------------
(Name, address and telephone number of person authorized
to receive notices and communications)
February 7, 1994
-------------------------------------------------------------------
(Date of Event which requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box: _____
Check the following box if a fee is being paid with this statement: ____
page 1 of 7 pages
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- -------------------------
CUSIP NO.
427241203
- ----------------
- --------------------------------------------------------------------------------
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
The Goldman Sachs Group, L.P.
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) _____
(b) _____
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Source of Funds
00
- --------------------------------------------------------------------------------
5. Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6. Citizenship or place of Organization
Delaware
- --------------------------------------------------------------------------------
Number of 7 Sole Voting Power
Shares
Beneficially 550,375
Owned By -------------------------------
Each 8 Shared Voting Power
Reporting
Person With 456,168
-------------------------------
9 Sole Dispositive Power
550,375
-------------------------------
10 Shared Dispositive Power
456,168
-------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
1,006,543
- --------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
[_]
- --------------------------------------------------------------------------------
13. Percent of Class Representing by Amount in Row (11)
7.9%
- --------------------------------------------------------------------------------
14. Type of Reporting Person
HC-PN
- --------------------------------------------------------------------------------
page 2 of 7 pages
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- -------------------------
CUSIP NO.
427241203
- ----------------------
- --------------------------------------------------------------------------------
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Goldman, Sachs & Co.
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) _____
(b) _____
- --------------------------------------------------------------------------------
3. SEC Use Only
- --------------------------------------------------------------------------------
4. Source of Funds
WC-00
- --------------------------------------------------------------------------------
5. Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e)
[X]
- --------------------------------------------------------------------------------
6. Citizenship or place of Organization
New York
- --------------------------------------------------------------------------------
Number of 7 Sole Voting Power
Shares
Beneficially -0-
Owned By ----------------------------
Each 8 Shared Voting Power
Reporting
Person With 456,168
----------------------------
9 Sole Dispositive Power
-0-
----------------------------
10 Shared Dispositive Power
456,168
----------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
456,168
- --------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
[_]
- --------------------------------------------------------------------------------
13. Percent of Class Representing by Amount in Row (11)
3.7%
- --------------------------------------------------------------------------------
14. Type of Reporting Person
BD-PN
- --------------------------------------------------------------------------------
page 3 of 7 pages
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Item 5. Interest in Securities of the Issuer.
-------------------------------------
(a) The Goldman Sachs Group, L.P. and Goldman, Sachs & Co. may be deemed to
have decreased their beneficial ownership of Class A Common Stock, to
1,006,543 shares (7.9%) and 456,168 shares (3.7%) respectively, as a result
of the shares sold on behalf of certain Managed Accounts.
(b) Not applicable.
(c) The following transactions occurred since the prior Schedule 13D was filed:
<TABLE>
<CAPTION>
Date Shares Purchased Shares Sold Price
- ----------------- ---------------- ----------- ------
<S> <C> <C> <C>
1/17/94 5,000 20.500
1/19/94 500 20.875
1/20/94 9,300 20.883
1/24/94 10,000 21.000
1/26/94 5,000 21.888
1/26/94 7,800 21.378
1/26/94 10,300 22.000
1/26/94 2,800 21.500
1/26/94 1,200 21.375
1/26/94 10,000 21.250
1/27/94 16,000 21.250
1/28/94 3,100 21.500
1/28/94 36,000 21.500
1/28/94 3,000 21.250
1/31/94 2,000 21.000
2/01/94 100 20.875
2/01/94 1,900 20.000
2/01/94 4,000 19.625
2/01/94 2,000 20.500
2/01/94 2,000 20.625
2/01/94 45,800 20.128
2/02/94 25,600 19.934
2/03/94 18,700 19.553
2/04/94 2,000 19.250
2/07/94 10,300 18.316
2/07/94 10,000 18.625
2/07/94 6,000 17.750
2/07/94 400 17.875
2/07/94 200 18.000
2/07/94 2,000 18.125
2/07/94 200 18.375
2/07/94 500 18.500
</TABLE>
page 4 of 7 pages
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The total consideration (exclusive of commissions) for shares
purchased was $322,012.50
(d) Not applicable.
(e) Not applicable.
page 5 of 7 pages
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SIGNATURE
---------
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
GOLDMAN, SACHS & CO.
By: /s/ Richard A. Friedman
__________________________________
Name: Richard A. Friedman
Title: General Partner
Dated: February 10, 1994
page 6 of 7 pages
