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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-----------------------------
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 4)*
-----------------------------
HEARST-ARGYLE TELEVISION, INC.
(Name of Issuer)
SERIES A COMMON STOCK
(Title of Class of Securities)
422317 10 7
(CUSIP Number)
----------------------------
JODIE W. KING, ESQ.
THE HEARST CORPORATION
959 EIGHTH AVENUE
NEW YORK, NEW YORK 10019
(212) 649-2025
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
-----------------------------
COPY TO:
STEVEN A. HOBBS, ESQ.
ROGERS & WELLS
200 PARK AVENUE
NEW YORK, NEW YORK 10166
(212) 878-8000
----------------------------
MARCH 25, 1998
(Date of Event which Requires Filing of this Statement)
- -------------------------------------------------------------------------------
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b) (3) or (4), check the following box. <square>
Check the following box if a fee is being paid with this statement <square> (A
fee is not required only if the reporting person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the class
of securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are to
be sent.
*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
disclosures provided in a prior cover page.
The information required on 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,Notes).
<PAGE>
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SCHEDULE 13D
This Amendment No. 4, which relates to shares of Series A Common Stock,
$0.01 par value per share ("Series A Common Stock") of Hearst-Argyle
Television, Inc., a Delaware corporation (the "Issuer"), and is being filed
jointly by The Hearst Corporation, a Delaware corporation ("Hearst"), Hearst
Broadcasting, Inc., a Delaware corporation and wholly-owned subsidiary of
Hearst, and The Hearst Family Trust, a testamentary trust, supplements and
amends the statement on Schedule 13D originally filed with the Commission on
April 4, 1997 (as amended, the "Statement").
ITEM 4. PURPOSE OF THE TRANSACTION.
Hearst is currently exploring options to acquire additional shares in the
Issuer through privately negotiated transactions. Although there can be no
assurance as to when or whether such transactions might occur or the precise
number of shares to be acquired, Hearst is currently considering acquiring up
to 2 million shares of Series A Common Stock of the Issuer. Even if Hearst
does not acquire such shares at this time, it is expected that Hearst will
continually review its equity position in the Issuer from time to time to
determine whether or not to acquire additional shares. If such additional
acquisitions are made in the future, they may occur through privately
negotiated transactions, open market purchases or otherwise.
<PAGE>
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: March 26, 1998
HEARST BROADCASTING, INC.
By: /S/ VICTOR F. GANZI
_____________________________
Name: Victor F. Ganzi
Title: Vice President
<PAGE>
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: March 26, 1998
THE HEARST CORPORATION
By: /S/ JAMES M. ASHER
____________________________
Name: James M. Asher
Title: Vice President
<PAGE>
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: March 26, 1998
THE HEARST FAMILY TRUST
By: /S/ VICTOR F. GANZI
_____________________________
Name: Victor F. Ganzi
Title: Trustee
<PAGE>
