<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d)
of the Securities and Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): July 12, 1999
METACREATIONS CORPORATION
(Exact name of registrant as specified in its charter)
Commission file number 0-27168
Delaware 95-4102687
(State of incorporation) (I.R.S. Employer Identification Number)
6303 Carpinteria Ave, Carpinteria, CA 93013
(Address of principal executive offices)
(805) 566-6200
(Registrant's telephone number, including area code)
<PAGE> 2
ITEM 5. OTHER EVENTS
The purpose of this Form 8-K is to announce the formation of MetaStream.com, a
joint venture company between MetaCreations Corporation ("MetaCreations") and
Computer Associates International, Inc. ("CA") MetaStream.com will develop and
deliver MetaStream solutions and services to the e-commerce market.
MetaStream.com is owned 80 percent by MetaCreations and 20 percent by CA.
MetaStream.com will initially focus on two initiatives: the licensing of
MetaStream technologies for specific e-commerce visualization solutions and
fee-based professional services for implementing these 3-D solutions.
MetaCreations is devoting research, development, and service personnel and
expertise related to 3-D Web technologies to this new venture, including the
recently announced Web Services Group. CA is contributing expertise related to
the management of rich media through its Jasmine TND software. CA will also
assist with the integration of data from legacy systems for Internet delivery,
and will promote MetaStream.com technologies, services and products to CA
enterprise customers worldwide.
CA has also entered into long-term service and license agreements with
MetaStream.com and MetaCreations. Through collaboration with CA and future
customers of MetaStream.com, the joint venture intends to develop new e-commerce
applications.
MetaStream.com will be headquartered in New York City and Robert E. Rice will
serve as its president. Rice was formerly vice president of strategic affairs at
MetaCreations, and the co-founder of Real Time Geometry Corp. As part of the
venture agreement, CA will maintain a board seat on MetaStream.com.
2
<PAGE> 3
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, thereunto duly authorized.
METACREATIONS CORPORATION
(Registrant)
Date: July 21, 1999 /s/TERANCE A. KINNINGER
------------------------
Terance A. Kinninger
Senior Vice President and
Chief Financial Officer
3
