UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities and Exchange Act of 1934
(Amendment No. __________)*
Live Entertainment of Canada, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
538032 10 3
(CUSIP Number)
Check the following box if a fee is being paid with this statement o. (A fee is
not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent of or less of such
class.) (See Rule 13-d-7).
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities and Exchange Act
of 1934 ("Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act (however, see the
Notes).
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Thomas H. Lee Equity Partners, L.P.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X|
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
5 SOLE VOTING POWER
NUMBER OF -0-
SHARES
BENEFICIALL
Y OWNED BY
EACH
REPORTING
PERSON
WITH
6 SHARED VOTING POWER
2,182,574
7 SOLE DISPOSITIVE POWER
-0-
8 SHARED DISPOSITIVE POWER
2,182,574
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,182,574
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES
X
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
65.3%
12 TYPE OF REPORTING PERSON
PN
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Item 1(a) Name of Issuer
Live Entertainment of Canada, Inc.
Item 1(b) Address of Issuer's principal executive offices
15400 Sherman Way
Suite 500
Van Nuys, CA 91406
Item 2(a) Name of person filing
Thomas H. Lee Equity Partners, L.P. ("Equity Partners"), THL
Equity Advisors Limited Partnership ("Advisors") and THL
Equity Trust ("Trust") each of whom may be deemed to be
beneficial owners, for purposes of this Schedule 13G, of the
securities owned directly by Equity Partners.
Item 2(b) Address of principal business office or, if none, residence
The address of each of Equity Partners, Advisors and Trust is
75 State Street, Boston, MA 02109.
Item 2(c) Citizenship
Equity Partners: Delaware
Advisors: Delaware
Trust: Massachusetts
Item 2(d) Title of class of securities
Common Stock
Item 2(e) CUSIP Number
538032 10 3
Item 3 If Statement filed pursuant to Rule 13d-1(b) or 13d-2(b),
check whether the person filing is a
(a) |_| Broker or Dealer
(b) |_| Bank
(c) |_| Insurance Company
(d) |_| Investment Company
(e) |_| Investment Advisor
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(f) |_| Employee Benefit Plan, Pension Fund
or Endowment Fund
(g) |_| Parent Holding Company
(h) |_| Group
Item 4 Ownership
(a) Amounts beneficially owned
As of December 31, 1995, Equity Partners
directly owned 1,258,504 shares of the Issuer's
Common Stock. Additionally, Equity Partners directly
owned Convertible Notes of the Issuer, immediately
convertible into 924,070 shares of the Issuer's
Common Stock. Due to their existing relationships and
arrangements, each of Equity Partners, Advisors, the
General Partner of each of Equity Partners, and
Trust, the General Partner of Advisors, could be
deemed to be beneficial owners, for purposes of this
Schedule 13G, of the shares of Common Stock held by
Equity Partners.
(b) Percent of class
Each of Equity Partners, Advisors and Trust
could be deemed to be beneficial owners, for purposes
of this Schedule 13G, of the 2,182,574 shares of
Common Stock beneficially owned by Equity Partners;
beneficial ownership of such shares would constitute
beneficial ownership of approximately 65.3% of the
Issuer's Common Stock.
(c) Number of shares as to which such person has
The power to vote or to dispose of, or to
direct the voting or disposal of, the 2,182,574
shares of the Issuer's Common Stock held by Equity
Partners is vested in Advisors (the General Partner
of Equity Partners) and Trust (the General Partner of
Advisors). Accordingly, for purposes of this Schedule
13G, Equity Partners, Advisors and Trust may each be
deemed to share the power to vote or to direct the
voting of and may be deemed to share the power to
dispose or to direct the disposition of the
securities covered by this Statement and therefore
each may be deemed to be a beneficial owner with
respect to such securities. Equity Partners disclaims
beneficial ownership of any shares not directly owned
by Equity Partners, and Advisors and Trust each
disclaim beneficial ownership of all such shares.
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Item 5 Ownership of 5% or Less of a Class
Not applicable
Item 6 Ownership of more than 5% on behalf of another person
Not applicable
Item 7 Identification and classification of the subsidiary which
acquired the security being reported on by the Parent
Holding Company
Not applicable
Item 8 Identification and classification of members of the Group
Not applicable
Item 9 Notice of Dissolution of Group
- ------ ------------------------------
Not applicable
Item 10 Certification
Not applicable
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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.
Dated: February 14, 1996 Thomas H. Lee Equity Partners, L.P.
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