<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13d
(RULE 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(AMENDMENT NO. 30)
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.
BONNIE A. BARSAMIAN, ESQ.
CLIFFORD CHANCE ROGERS & WELLS LLP
200 PARK AVENUE
NEW YORK, NEW YORK 10166
(212) 878-8000
August 9, 2000
(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 that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following
box. |_|
(Continued on following pages)
<PAGE> 2
-----------------------
CUSIP No. 422317 10 7 13D
-----------------------
===============================================================================
1.
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
HEARST BROADCASTING, INC.
===============================================================================
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)|_|
(b)|_|
===============================================================================
3.
SEC USE ONLY
===============================================================================
4.
SOURCE OF FUNDS
WC
===============================================================================
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
|_|
===============================================================================
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
-----------------------========================================================
7.
NUMBER OF SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
------========================================================
8.
SHARED VOTING POWER
59,235,477
------========================================================
9.
SOLE DISPOSITIVE POWER
------========================================================
10.
SHARED DISPOSITIVE POWER
59,235,477
===============================================================================
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
59,235,477
===============================================================================
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
===============================================================================
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
64.31%
===============================================================================
14.
TYPE OF REPORTING PERSON
CO
===============================================================================
2
<PAGE> 3
-----------------------
CUSIP No. 422317 10 7 13D
-----------------------
===============================================================================
1.
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
HEARST HOLDINGS, INC.
===============================================================================
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)|_|
(b)|_|
===============================================================================
3.
SEC USE ONLY
===============================================================================
4.
SOURCE OF FUNDS
WC
===============================================================================
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
|_|
===============================================================================
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
-----------------------========================================================
7.
NUMBER OF SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
------========================================================
8.
SHARED VOTING POWER
59,235,477
------========================================================
9.
SOLE DISPOSITIVE POWER
------========================================================
10.
SHARED DISPOSITIVE POWER
59,235,477
===============================================================================
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
59,235,477
===============================================================================
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
===============================================================================
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
64.31%
===============================================================================
14.
TYPE OF REPORTING PERSON
CO
===============================================================================
3
<PAGE> 4
-----------------------
CUSIP No. 422317 10 7 13D
-----------------------
===============================================================================
1.
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
THE HEARST CORPORATION
===============================================================================
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)|_|
(b)|_|
===============================================================================
3.
SEC USE ONLY
===============================================================================
4.
SOURCE OF FUNDS
WC
===============================================================================
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
|_|
===============================================================================
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
-----------------------========================================================
7.
NUMBER OF SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
------========================================================
8.
SHARED VOTING POWER
59,235,477
------========================================================
9.
SOLE DISPOSITIVE POWER
------========================================================
10.
SHARED DISPOSITIVE POWER
59,235,477
===============================================================================
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
59,235,477
===============================================================================
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
===============================================================================
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
64.31%
===============================================================================
14.
TYPE OF REPORTING PERSON
CO
===============================================================================
4
<PAGE> 5
-----------------------
CUSIP No. 422317 10 7 13D
-----------------------
===============================================================================
1.
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
THE HEARST FAMILY TRUST
===============================================================================
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)|_|
(b)|_|
===============================================================================
3.
SEC USE ONLY
===============================================================================
4.
SOURCE OF FUNDS
WC
===============================================================================
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e)
|_|
===============================================================================
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
CALIFORNIA
-----------------------========================================================
7.
NUMBER OF SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
------========================================================
8.
SHARED VOTING POWER
59,235,477
------========================================================
9.
SOLE DISPOSITIVE POWER
------========================================================
10.
SHARED DISPOSITIVE POWER
59,235,477
===============================================================================
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
59,235,477
===============================================================================
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|_|
===============================================================================
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
64.31%
===============================================================================
14.
TYPE OF REPORTING PERSON
OO (Testamentary Trust)
===============================================================================
5
<PAGE> 6
SCHEDULE 13D
This Amendment No. 30, 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
Holdings, Inc., a Delaware corporation ("Hearst Holdings") and wholly-owned
subsidiary of Hearst, Hearst Broadcasting, Inc., a Delaware corporation ("Hearst
Broadcasting") and wholly-owned subsidiary of Hearst Holdings, and The Hearst
Family Trust, a testamentary trust (the "Trust," and together with Hearst,
Hearst Holdings and Hearst Broadcasting, the "Reporting Persons"), supplements
and amends the statement on Schedule 13D originally filed with the Commission on
April 4, 1997 (as amended, the "Statement").
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The aggregate amount of funds used by Hearst Broadcasting to acquire
the shares reported in Item 5(c) was $16,449,491.38. Hearst Broadcasting
used its working capital to make such purchases.
ITEM 4. PURPOSE OF THE TRANSACTION.
Hearst Broadcasting purchased the additional Securities reported in Item
5(c) of this Statement in order to increase its equity interest in the Issuer.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) and (b) As of August 9, 2000 the Reporting Persons owned 17,936,829
shares of Series A Common Stock of the Issuer and 41,298,648 shares of Series B
Common Stock of the Issuer (collectively, the "Securities"). Each share of
Series B Common Stock of the Issuer is immediately convertible into one share of
Series A Common Stock of the Issuer. Therefore, the 41,298,648 shares of Series
B Common Stock owned directly by Hearst Broadcasting represent, if converted,
41,298,648 shares of Series A Common Stock of the Issuer. Under the definition
of "beneficial ownership" as set forth in Rule 13d-3 of the Exchange Act, Hearst
Broadcasting, Hearst Holdings, Hearst and the Trust are deemed to have
beneficial ownership of each of the combined 59,235,477 shares of the
Securities. The Trust, as the owner of all of Hearst's issued and outstanding
common stock, may be deemed to have the power to direct the voting of and
disposition of the Securities. Hearst, as the owner of all of Hearst Holdings'
issued and outstanding common stock, may be deemed to have the power to direct
the voting of and disposition of the Securities. Hearst Holdings, as the owner
of all of Hearst Broadcasting's issued and outstanding common stock, may be
deemed to have the power to direct the voting of and disposition of the
Securities. As a result, Hearst Broadcasting, Hearst Holdings, Hearst and the
Trust may be deemed to share the power to direct the voting of and the
disposition of the Securities. The Securities constitute approximately 64.31% of
the combined shares of Series A Common Stock and Series B Common Stock
outstanding of the Issuer, based on the number of outstanding shares as of the
date hereof, provided to the Reporting Persons by the Issuer.
6
<PAGE> 7
(c) Since filing Amendment No. 29 to the Statement, Hearst Broadcasting
has made the following purchases of Series A Common Stock of the Issuer:
<TABLE>
<CAPTION>
DATE # OF SHARES PRICE PER SHARE ($) COST ($)
---- ----------- ------------------ -------
<S> <C> <C> <C>
04/26/00 600 19.8750 11,949.00
05/10/00 2,500 20.6875 51,818.75
05/25/00 3,400 18.7500 63,886.00
05/26/00 3,800 18.8750 71,877.00
05/26/00 600 18.9375 11,386.50
05/26/00 3,100 19.0000 59,024.00
05/30/00 3,400 18.8750 64,311.00
05/30/00 200 18.9375 3,795.50
05/30/00 2,700 19.0000 51,408.00
06/01/00 800 19.0000 15,232.00
06/05/00 1,000 20.0000 20,040.00
06/06/00 9,500 20.0000 190,380.00
06/07/00 8,400 20.0000 168,336.00
06/08/00 8,400 20.0000 168,336.00
06/14/00 95,000 20.0000 1,903,800.00
06/19/00 500 19.7500 9,895.00
06/19/00 12,000 19.8125 238,230.00
06/21/00 2,400 19.5000 46,896.00
06/21/00 5,000 19.5625 98,012.50
06/27/00 140,487 19.3750 2,721,935.63
07/20/00 200 19.5000 3,908.00
07/20/00 100 19.2500 1,929.00
07/24/00 1,200 19.6250 23,598.00
07/25/00 7,500 19.5000 146,550.00
07/25/00 100 19.3750 1,941.50
07/26/00 500 19.5000 9,770.00
07/26/00 800 19.3750 15,532.00
</TABLE>
7
<PAGE> 8
<TABLE>
<CAPTION>
DATE # OF SHARES PRICE PER SHARE ($) COST ($)
---- ----------- ------------------ -------
<S> <C> <C> <C>
07/31/00 3,600 19.1250 68,994.00
07/31/00 400 19.1875 7,691.00
07/31/00 3,000 19.3750 58,245.00
08/01/00 5,000 19.1250 95,825.00
08/02/00 3,300 19.0000 62,832.00
08/02/00 1,000 19.1250 19,165.00
08/02/00 7,800 19.2500 150,462.00
08/09/00 250,000 19.6250 4,906,250.00
08/09/00 250,000 19.6250 4,906,250.00
------- ------------
Total 838,287 16,449,491.38
======= =============
</TABLE>
8
<PAGE> 9
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: August 10, 2000
HEARST BROADCASTING, INC.
By: /s/ Jodie W. King
-------------------------------
Name: Jodie W. King
Title: Vice President
9
<PAGE> 10
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: August 10, 2000
HEARST HOLDINGS, INC.
By: /s/ Jodie W. King
-------------------------------
Name: Jodie W. King
Title: Vice President
10
<PAGE> 11
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: August 10, 2000
THE HEARST CORPORATION
By: /s/ Jodie W. King
-------------------------------
Name: Jodie W. King
Title: Vice President
11
<PAGE> 12
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: August 11, 2000
THE HEARST FAMILY TRUST
By: /s/ Richard E. Deems
-------------------------------
Name: Richard E. Deems
Title: Trustee
12
