<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(Amendment No. 1)/1/
Hollywood Entertainment Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
436141105
(CUSIP Number)
____________________
/1/ 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 Exchange Act of
1934 (the "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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13G
CUSIP NO. 436141105 Page 2 of 11 Pages
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY).
CMG@Ventures II, LLC
04-3381433
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
Not applicable
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 2,429,729 shares
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
0 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 2,429,729 shares
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
0 shares
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
2,429,729 shares
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.7%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
OO
- ------------------------------------------------------------------------------
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13G
CUSIP NO. 436141105 Page 3 of 11 Pages
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY).
CMGI, Inc.
04-2921333
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
Not applicable
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 2,327,934 shares
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
0 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 2,327,934 shares
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
0 shares
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
2,327,934 shares
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.4%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
CO
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13G
CUSIP NO. 436141105 Page 4 of 11 Pages
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NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY).
David S. Wetherell
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
Not applicable
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States of America
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 0 shares
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
4,757,663 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 0 shares
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
4,757,663 shares
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
4,757,663 shares
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
11.2%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
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13G
CUSIP NO. 436141105 Page 5 of 11 Pages
Item 1(a). Name of Issuer:
Hollywood Entertainment Corporation
Item 1(b). Address of Issuer's Principal Executive Offices:
9275 SW Peyton Lane, Wilsonville, Oregon 97070
Item 2(a). Name of Person Filing:
CMG@Ventures II, LLC
CMGI, Inc.
David S. Wetherell
See Exhibit A hereto for identification of directors of CMGI, Inc. and
Managing Members of CMG@Ventures II, LLC.
Item 2(b). Address of Principal Business Offices or, if None, Residence:
CMG@Ventures II, LLC
c/o CMGI, Inc.
100 Brickstone Square, First Floor, Andover, MA 01810
CMGI, Inc.
100 Brickstone Square, First Floor, Andover, MA 01810
David S. Wetherell
c/o CMGI, Inc.
100 Brickstone Square, First Floor, Andover, MA 01810
Item 2(c). Citizenship:
Mr. Wetherell is a citizen of the United States of America.
CMG@Ventures II, LLC and CMGI, Inc. are organized under the laws of the
State of Delaware.
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
436141105
Item 3. If This Statement is Filed pursuant to Rule 13d-1(b), or 13d-2(b)
or (c), Check Whether the Person Filing is a: Not applicable.
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13G
CUSIP NO. 436141105 Page 6 of 11 Pages
(a) [_] Broker or dealer registered under Section 15 of the Exchange
Act.
(b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act.
(c) [_] Insurance company as defined in Section 3(a)(19) of the
Exchange Act.
(d) [_] Investment Company registered under Section 8 of the
Investment Company Act.
(e) [_] An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) [_] An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
(g) [_] A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);
(h) [_] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) [_] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box. [_]
Item 4. Ownership.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
CMG@Ventures II, LLC owns 2,429,729 shares of common stock.
CMGI, Inc. owns 2,327,934 shares of common stock
David S. Wetherell may be attributed with the ownership of 2,429,729 shares
held by CMG@Ventures II, LLC and 2,327,934 shares held by CMGI, Inc. Mr.
Wetherell is a Managing Member of CMG@Ventures II, LLC and a director, executive
officer and greater than 10% stockholder of CMGI, Inc. Mr. Wetherell disclaims
beneficial ownership of all such shares except to the extent of his
proportionate pecuniary interest therein.
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13G
CUSIP NO. 436141105 Page 7 of 11 Pages
(b) Percent of class:
CMG@Ventures II, LLC 5.7%
CMGI, Inc. 5.4%
David S. Wetherell 11.2%
The foregoing percentages are based on a total of 42,553,842 shares of
common stock outstanding as of December 31, 1998.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
CMG@Ventures II, LLC has sole voting power over 2,429,729 shares
of common stock.
CMGI, Inc. has sole voting power over 2,327,934 shares of common
stock
(ii) Shared power to vote or to direct the vote:
David S. Wetherell shares voting power over 2,429,729 shares
held by CMG@Ventures II, LLC and 2,327,934 shares of common stock held by
CMGI, Inc.
(iii) Sole power to dispose or to direct the disposition of:
CMG@Ventures II, LLC has sole dispositive power over 2,429,729
shares of common stock.
CMGI, Inc. has sole dispositive power over 2,327,934 shares of
common stock
(iv) Shared power to dispose or to direct the disposition of:
David S. Wetherell shares dispositive power over 2,429,729
shares of common stock held by CMG@Ventures II, LLC and 2,327,934 shares of
common stock held by CMGI, Inc.
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent 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.
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13G
CUSIP NO. 436141105 Page 8 of 11 Pages
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
Not applicable.
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13G
CUSIP NO. 436141105 Page 9 of 11 Pages
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.
CMG@VENTURES II, LLC
By its Managing Members
Dated: February 11, 1999 /s/ David S. Wetherell
--------------------------
David S. Wetherell
Dated: February 11, 1999 /s/ Guy M. Bradley
--------------------
Guy M. Bradley
Dated: February 11, 1999 /s/ Jonathan D. Callaghan
---------------------------
Jonathan D. Callaghan
Dated: February 11, 1999 /s/ Andrew J. Hajducky
-------------------------
Andrew J. Hajducky III
Dated: February 11, 1999 /s/ Peter H. Mills
---------------------
Peter H. Mills
CMGI, INC.
Dated: February 11, 1999 /s/ William Williams II
-------------------------
William Williams II
Assistant Secretary
Dated: February 11, 1999 /s/ David S. Wetherell
------------------------
David S. Wetherell
<PAGE>
13G
CUSIP NO. 436141105 Page 10 of 11 Pages
EXHIBIT A
Directors of CMGI, Inc.:
David S. Wetherell, Chairman of the Board, President, Chief Executive
Officer, and Secretary
John A. McMullen, Director
Craig D. Goldman, Director
William H. Berkman, Director
Robert J. Ranalli, Director
Managing Members of CMG@Ventures II, LLC:
David S. Wetherell
Guy M. Bradley
Jonathan D. Callaghan
Andrew J. Hajducky III
Peter H. Mills
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13G
CUSIP NO. 436141105 Page 11 of 11 Pages
EXHIBIT B
JOINT FILING AGREEMENT OF
CMG@Ventures II, LLC,
CMGI, Inc. and
David S. Wetherell
The undersigned persons agree and consent under Rule 13d-1(k)(1) of the
Securities Exchange Act of 1934, as of the date set forth below, to the joint
filing on their behalf of the Schedule 13G to which this Exhibit is attached, in
connection with their beneficial ownership of the common stock of Hollywood
Entertainment Corporation at December 31, 1998 and agree that such statement is
filed on behalf of each of them.
CMG@VENTURES II, LLC
By its Managing Members
Dated: February 11, 1999 /s/ David S. Wetherell
------------------------
David S. Wetherell
Dated: February 11, 1999 /s/ Guy M. Bradley
--------------------
Guy M. Bradley
Dated: February 11, 1999 /s/ Jonathan D. Callaghan
---------------------------
Jonathan D. Callaghan
Dated: February 11, 1999 /s/ Andrew J. Hajducky
------------------------
Andrew J. Hajducky III
Dated: February 11, 1999 /s/ Peter H. Mills
--------------------
Peter H. Mills
CMGI, INC.
Dated: February 11, 1999 /s/ William Williams II
-------------------------
William Williams II
Assistant Secretary
Dated: February 11, 1999 /s/ David S. Wetherell
------------------------
David S. Wetherell
