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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):
AUGUST 25, 1998
SOURCE MEDIA, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 0-21894 13-3700438
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
5400 LBJ FREEWAY, SUITE 680, DALLAS, TEXAS 75240
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(972) 701-5400
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Item 5. Other Events
On August 25, 1998, Source Media, Inc. announced in a press release in
the form attached hereto as Exhibit 99 that Source Media, Inc. was served with a
class action lawsuit on August 25, 1998.
Item 7. Financial Statements and Exhibits
(c) Exhibits
99 Source Media, Inc. August 25, 1998 press release
announcing that Source Media, Inc. was served with a
class action lawsuit on August 25, 1998.
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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.
Date: August 26, 1998 SOURCE MEDIA, INC.
By: /s/ Timothy P. Peters
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Timothy P. Peters,
Chairman of the Board and Chief
Executive Officer
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INDEX TO EXHIBITS
<TABLE>
<CAPTION>
Item
Number Exhibit
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<S> <C>
99 Source Media, Inc. August 25, 1998 press release announcing that Source
Media, Inc. was served with a class action lawsuit on August 25, 1998.
</TABLE>
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EXHIBIT 99
[Source Media, Inc. Letterhead]
FOR IMMEDIATE RELEASE
SOURCE MEDIA TO VIGOROUSLY DEFEND LAWSUIT
DALLAS, TEXAS, AUGUST 25, 1998 - Source Media, Inc. (NASDAQ:SRCM) stated a press
release was issued Friday evening, August 21, by a Los Angeles law firm, citing
that a class action suit had been filed by them. Source Media was served with
the lawsuit on August 25, 1998.
The Company believes the lawsuit is completely without merit and the Company,
certain officers, and directors intend to defend it vigorously.
Source Media is a leader in the development and introduction of localized new
media content, advertising and technology. Source Media's IT Network provides
new media content and advertising services via newspapers and Yellow Pages
directories to over 150 million households and businesses nationwide. The
Interactive Channel is an interactive cable TV programming service designed for
today's digital cable TV programming tiers. VirtualModem(TM) develops and
markets the intellectual property, software, and patents behind the company's
interactive cable TV technology, which includes Internet on TV.
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CONTACT:
John J. Reed, President
Source Media
(972) 701-5420
[email protected]
