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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
SPANISH BROADCASTING SYSTEM, INC.
(Name of Issuer)
Class A Common Stock, $0.0001 par value
(Title of Class of Securities)
846425 86 6
(CUSIP Number)
November 10, 2000
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[x] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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 ("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).
Page 1 of 5 Pages
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SCHEDULE 13G
CUSIP No. 846425 86 6
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
Name: James L. Anderson
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a)[ ]
(b)[ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
5 SOLE VOTING POWER
2,961,494
NUMBER OF
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 484,092
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 2,961,494
PERSON
WITH 8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,445,586
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.6%(1)
12 TYPE OF REPORTING PERSON (See Instructions)
IN
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(1) Based on 35,954,040 shares outstanding on November 10, 2000 which consists
of (i) 32,399,760 shares of Class A Common Stock outstanding as of July 27, 2000
as reported on the Company's Form 10-Q/A filed on August 31, 2000 and (ii) the
private issuance on November 10, 2000 of an aggregate of 3,554,280 shares of
Class A Common Stock with includes the issuance of 2,958,844 shares of Class A
Common Stock to The Marcus and Sonya Rodriguez Family Trust of which Mr.
Anderson is the trustee and the issuance of 484,092 shares of Class A Common
Stock to a company of which Mr. Anderson is the president.
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ITEM 1.
(a) Name of Issuer: Spanish Broadcasting System, Inc.
(b) Address of Issuer's Principal Executive Offices: 3191 Coral
Way, Suite 805, Miami, Florida 33145
ITEM 2.
(a) Name of Persons Filing: James L. Anderson.
(b) Address of Principal Business Office: 8828 North Stemmons
Freeway, Suite 106, Dallas, Texas 75247
(c) Citizenship: USA
(d) Title of Class of Securities: Class A Common Stock, $.0001 par
value per share
(e) CUSIP Number: 846425 86 6
ITEM 3. If this statement is filed pursuant to 240.13d(b) or 240.13d-2(b) or
(c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under section 15 of the Act (15
U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).
(d) [ ] Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) [ ] An investment adviser in accordance with
240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with
240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with
240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(J).
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ITEM 4. OWNERSHIP
Incorporated by reference to items (5)-(9) and (11) of the cover page
of this statement.
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
The Marcos and Sonya Rodriguez Family Trust has the right to receive
dividends relating to and the proceeds from the sale of 2,958,844 shares of the
Company's Class A Common Stock for which Mr. Anderson has sole voting and
dispositive power resulting from his serving as Trustee of such trust.
Also, a company of which Mr. Anderson is president has the right to
receive dividends relating to and the proceeds from the sale of 484,092 shares
of the Company's Class A Common Stock for which Mr. Anderson has shared voting
power.
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
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Date: December 19, 2000 /s/ James L. Anderson
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James L. Anderson
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