SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date of Report (Date of earliest event reported): May 6, 1997
LANCIT MEDIA ENTERTAINMENT, LTD.
(Exact name of registrant as specified in its charter)
New York 1-10781 13-3019470
(State or other jurisdiction Commission I.R.S. Employer
of incorporation) File Number Identification No.
601 West 50th St., New York, NY 10019
(Address of principal executive offices) Zip Code
Registrant's telephone number, including area code: (212)977-9100
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ITEM 4. CHANGES IN REGISTRANT S CERTIFYING ACCOUNTANT.
On May 6, 1997, Lancit Media Entertainment, Ltd. (the "Registrant")
dismissed the accounting firm of Feldman Radin & Co., P.C. ("F&R"). On May 7,
1997, the Registrant engaged the accounting firm of Ernst & Young LLP ("E&Y") to
be the Registrant's auditors for the current fiscal year, which ends June 30,
1997. The Registrant's Board of Directors approved the decision to change
accountants upon the recommendation of the Registrant's Audit Committee. Prior
to engaging E&Y, the Registrant has not consulted with E&Y with respect to any
accounting, auditing or financial reporting issue.
During the period of engagement of F&R there have been no
"disagreements" between the Registrant and F&R on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedure or any "reportable events", as those terms are defined in Item 304 of
Regulation S-K.
F&R's reports on the financial statements for each of the past two
years did not contain an adverse opinion or disclaimer of opinion and were not
qualified or modified as to uncertainty, audit scope or accounting principles.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
16.1 Letter from Feldman Radin & Co., P.C.
pursuant to Item 304(a)(3) of Regulation S-K.
SIGNATURES
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.
LANCIT MEDIA ENTERTAINMENT, LTD.
By: /s/LAURENCE A. LANCIT
Laurence A. Lancit
Co-President
Dated: May 7, 1997
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EXHIBIT INDEX
Exhibit Number Description
16.1 Letter from Feldman
Radin & Co., P.C. pursuant
to Item 304(a)(3) of
Regulation S-K
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Exhibit 16.1
FELDMAN RADIN & CO., P.C.
805 THIRD AVENUE
NEW YORK, NEW YORK 10022
(212) 593-3100
May 7, 1997
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Ladies and Gentlemen:
We have read the statements made by Lancit Media Entertainment, Ltd.
(copy attached), which we understand will be filed with the Securities and
Exchange Commission, pursuant to Item 4 of Form 8-K under the Securities
Exchange Act of 1934, as amended, as part of the Company's Form 8-K reports for
the month of May 1997. We agree with the statements concerning our Firm in such
Form 8-K.
Very truly yours,
/s/FELDMAN RADIN & CO., P.C.
Feldman Radin & Co., P.C.
Attachment
