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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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):
January 20, 2000
USA NETWORKS, INC.
(Exact Name of Registration business as Specified in Its Charter)
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Delaware 0-20570 59-2712887
(State or other Jurisdiction of (I.R.S. Employer
incorporation) (Commission File Number) Identification Number)
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152 West 57th Street, New York, New York 10019
(Address, including zip code, of Principal Executive Offices)
(212) 314-7300
(Registrant's telephone number including area code)
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Item 5. Other Events.
On January 20, 2000, USA Networks, Inc. announced a two-for-one stock
split with respect to its Common Stock and Class B Common Stock. The press
release announcing the stock split is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.
Item 7(c). Exhibits.
99.1 Press Release issued by USA Networks, Inc., dated January 20,
2000.
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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.
USA NETWORKS, INC.
By: /s/ Thomas J. Kuhn
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Name: Thomas J. Kuhn
Title: Senior Vice President
and General Counsel
Date: January 20, 2000
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EXHIBIT INDEX
99.1 Press Release issued by USA Networks, Inc., dated January 20, 2000.
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Exhibit 99.1
USA NETWORKS, INC. ANNOUNCES
TWO-FOR-ONE STOCK SPLIT
NEW YORK, NY, JANUARY 20, 2000 - USA Networks, Inc. (NASDAQ: USAI) announced
today that its Board of Directors has approved the declaration of a dividend to
USAI shareholders in the form of a distribution of one share of USAI common
stock for each share of USAI common stock outstanding as of February 10, 2000,
the record date for the stock dividend, with a payment date of February 24,
2000. The two-for-one stock split will also include an identical stock dividend
with respect to the company's Class B common stock, to be paid in the form of
one share of Class B common stock for each outstanding Class B share as of
February 10, 2000.
USAI shareholders as of the record date do not need to take any action in
connection with the stock dividend. Shareholders will receive a communication
from the company regarding the dividend shortly after the record date.
ABOUT USAI
USA Networks, Inc. is a diversified media and electronic commerce company with
assets that include the following: USA Network; SCI FI Channel; Studios USA;
USA Films; USA Broadcasting; Home Shopping Network; Ticketmaster; USA
Electronic Commerce and Services and USA Networks Interactive, which includes
the Hotel Reservations Network, SCIFI.com, USAnetwork.com and the Internet
Shopping Network, whose primary services are FirstAuction.com and
FirstJewelry.com. The company also owns a controlling interest in Ticketmaster
Online-CitySearch, Inc., (NASDAQ: TMCS) a leading internet provider of local
content and online transactions.
For further information, media please contact Adrienne Becker for USA Networks,
Inc. 212/314-7254, and for investors please contact Roger Clark, 212/314-7400.
