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
MARCH 31, 1998
Date of Report (Date of earliest event reported)
HEARST-ARGYLE TELEVISION, INC.
(Exact Name of Registrant as Specified in its Charter)
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DELAWARE 0-2700 74-271753
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(State of Organization) (Commission File Number) (IRS Employer Identification No.)
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888 SEVENTH AVENUE
NEW YORK, NEW YORK 10106
(Address of Registrant's Principal Executive Office) (Zip Code)
(212) 649-2300
(Registrant's telephone number, including area code)
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Item 5. OTHER EVENTS.
On March 27, 1998 The Hearst Corporation ("Hearst") filed Amendment No. 4
to its original statement on Schedule 13D filed with the Commission on April 4,
1997. In connection therewith, Hearst stated that it is currently exploring
options to acquire additional shares in the Registrant through privately
negotiated transactions. Hearst also stated that, 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 Registrant. Even if Hearst
does not acquire such shares at this time, Hearst stated that it expects that
it will continually review its equity position in the Registrant from time to
time to determine whether or not to acquire additional shares. If such
additional acquisitions are made in the future, Hearst stated that they may
occur through privately negotiated transactions, open market purchases or
otherwise.
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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.
HEARST-ARGYLE TELEVISION, INC.
By: /S/ DEAN H. BLYTHE
___________________________
Dean H. Blythe
Senior Vice President-
Corporate Development, Secretary
and General Counsel
Date: March 31, 1998
