SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(AMENDMENT NO. 1)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
BIG ENTERTAINMENT, INC.
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(Name of Issuer)
Common Stock, $.01 Par Value
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(Title of Class of Securities)
089144109
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(CUSIP Number)
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SCHEDULE 13G
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CUSIP NO. 089144109
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1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Mitchell Rubenstein
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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5 SOLE VOTING POWER
NUMBER OF 2,168,153
SHARES 6 SHARES VOTING POWER
BENEFICIALLY -0-
OWNED BY 7 SOLE DISPOSITIVE POWER
EACH 2,168,153
REPORTING 8 SHARED DISPOSITIVE POWER
PERSON -0-
WITH:
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,168,153(1)
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10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
25.5%(2)
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12 TYPE OF REPORTING PERSON*
IN
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SCHEDULE 13G
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1 With the exception of 100,000 shares owned by Mr. Rubenstein
individually, all shares owned by Mr. Rubenstein are held
together with Laurie S. Silvers, his spouse, as tenants by the
entireties.
2 Calculated on the basis of 8,161,329 shares of Common Stock
outstanding on December 31, 1998.
PAGE 2 OF 7 PAGES
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CUSIP NO. 089144109
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1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Laurie S. Silvers
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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5 SOLE VOTING POWER
NUMBER OF 2,168,153
SHARES 6 SHARES VOTING POWER
BENEFICIALLY -0-
OWNED BY 7 SOLE DISPOSITIVE POWER
EACH 2,168,153
REPORTING 8 SHARED DISPOSITIVE POWER
PERSON -0-
WITH:
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,168,153(1)
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10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
25.5%(2)
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12 TYPE OF REPORTING PERSON*
IN
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1 With the exception of 100,000 shares owned by Ms. Silvers
individually, all shares owned by Ms. Silvers are held together
with Mitchell Rubenstein, her spouse, as tenants by the
entireties.
2 Calculated on the basis of 8,161,329 shares of Common Stock
outstanding on December 31, 1998.
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ITEM 1(A). NAME OF ISSUER:
Big Entertainment, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
2255 Glades Road
Suite 237W
Boca Raton, FL 33431
ITEM 2(A). NAMES OF PERSONS FILING:
Mitchell Rubenstein and Laurie S. Silvers
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
2255 Glades Road
Suite 237W
Boca Raton, FL 33431
ITEM 2(C). CITIZENSHIP: SEE ITEM 4 ON COVER PAGE
U.S.A.
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock, $.01 Par Value
ITEM 2(E). CUSIP NUMBER:
089144109
ITEM 3 IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B) OR
13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:
Not applicable.
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ITEM 4. OWNERSHIP:
I. Mitchell Rubenstein
(a) Amount Beneficially Owned: 2,168,153 SHARES.
(b) Percent of Class: 25.5%(1)
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 2,168,153
(ii) shared power to vote or to direct the vote 0
(iii) sole power to dispose or to direct the
disposition of 2,168,153
(iv) shared power to dispose or to direct the
disposition of 0
II. Laurie Silvers
(a) Amount Beneficially Owned: 2,168,153 SHARES.
(b) Percent of Class: 25.5%
(c) Number of Shares as to which such person has:
(i) sole power to vote or to direct the vote 2,168,153
(ii) shared power to vote or to direct the vote 0
(iii) sole power to dispose or to direct the
disposition of 2,168,153
(iv) shared power to dispose or to direct the
disposition of 0
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [ ]
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
Not applicable.
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1 Calculated on the basis of 8,161,329 shares of Common Stock
outstanding on December 31, 1998.
PAGE 5 OF 7 PAGES
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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.
PAGE 6 OF 7 PAGES
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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 16, 1999. /s/ MITCHELL RUBENSTEIN
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Mitchell Rubenstein
Dated: February 16, 1999. /s/ LAURIE S. SILVERS
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Laurie S. Silvers
PAGE 7 OF 7 PAGES
