<PAGE>
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
November 21, 1997
Date of Report (Date of earliest event reported)
0-23396
Commission File Number
SKYLINE MULTIMEDIA ENTERTAINMENT, INC.
(Exact name of registrant as specified in its charter)
New York 11-3182335
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
350 Fifth Avenue
New York, New York 10118
(Address of Principal Executive Offices) (Zip Code)
(212) 564-2224
(Registrant's telephone number, including area code)
<PAGE>
Item 5. Other Events.
On November 21, 1997, Skyline Multimedia Entertainment, Inc. (the
"Company") received from the Empire State Building Company (the "ESBCo") an
extension of the time to cure certain lease defaults, as previously disclosed in
the Company's quarterly report on Form 10-QSB for the period ended September 30,
1997 (the "Form 10-QSB"), until December 12, 1997. The Company is currently in
the process of meeting with representatives of the ESBCo in an effort to resolve
all open issues with respect to said lease defaults and other matters involving
the modification agreements to the original lease and license agreements
relating to the New York Skyride and the level of cooperation from the ESBCo and
the staff of the Empire State Building in respect of such modification
agreements and the operations of the New York Skyride. The Company is still
reviewing its alternatives and possible remedies with respect to the matters set
forth herein, as more fully described in the Form 10-QSB, and will keep
investors informed of this situation as it continues to develop.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) not applicable
(b) not applicable
(c) not applicable
2
<PAGE>
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.
Date: November 24, 1997 SKYLINE MULTIMEDIA ENTERTAINMENT, INC.
By: /s/ Zalman Silber
Name: Zalman Silber
Title: President and Chief Executive Officer
3
