Filed Pursuant to Rule 424(b)(3)
Registration No. 333-107754
PROSPECTUS SUPPLEMENT NO. 7
(To Prospectus dated January 16, 2004)
This prospectus supplement supplements the prospectus dated January 16, 2004 of LIN Television Corporation relating to the resale from time to time by selling securityholders of our 2.50% Exchangeable Senior Subordinated Debentures due 2033 and LIN TV Corp. shares of class A common stock issuable upon conversion of the debentures. This prospectus supplement should be read in conjunction with the prospectus, as supplemented, which is required to be delivered with this prospectus supplement.
The securities offered hereby involve a high degree of risk. You should carefully consider the “Risk Factors” referenced on page 9 of the prospectus in determining whether to purchase the LIN Television Corporation 2.50% Exchangeable Senior Subordinated Debentures due 2033 or the LIN TV Corp. shares of class A common stock issuable upon conversion of the debentures.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus supplement. Any representation to the contrary is a criminal offense.
The section of the prospectus entitled “Selling Securityholders” on pages 25–26 of the prospectus is amended and restated in its entirety to read as follows:
SELLING SECURITYHOLDERS
LIN Television issued the debentures covered by this prospectus in private placements on May 12, 2003 and May 16, 2003. The debentures were resold by the initial purchasers to qualified institutional buyers under Rule 144A under the Securities Act. Selling securityholders, including their transferees, pledgees, donees or their successors, may offer and sell the debentures and the LIN TV class A common stock into which the debentures are convertible pursuant to this prospectus.
The following table sets forth information with respect to the selling securityholders and the principal amount of debentures and LIN TV common stock into which the debentures are convertible beneficially owned by each selling securityholder that may be offered pursuant to this prospectus. The information is based on information provided by or on behalf of the following selling securityholders to us in a questionnaire and is as of the date specified by the security holders in those questionnaires.
| Principal | Shares of LIN TV | ||||||||||||||||||
| Amount of | Class A Common | Shares of LIN TV | |||||||||||||||||
| Debentures | Stock Beneficially | Debentures | Class A Common | ||||||||||||||||
| Beneficially | Owned Upon | Owned After | Stock Owned | ||||||||||||||||
| Owned That | Conversion of the | Completion of | After Completion | of | |||||||||||||||
| Name of Securityholder | May Be Sold | Debentures (1) | the Offering (2) | the Offering(2) | |||||||||||||||
| UBS AG London Branch | 18,500,000 | 856,083 | 0 | 0 | |||||||||||||||
| DBAG London | 16,712,000 | 773,344 | 0 | 0 | |||||||||||||||
| Deutsche Bank Securities Inc. | 12,890,000 | 596,482 | 0 | 0 | |||||||||||||||
| Highbridge International LLC | 17,500,000 | 809,809 | 0 | 0 | |||||||||||||||
| Nomura Securities Intl Inc. | 10,000,000 | 462,748 | 0 | 0 | |||||||||||||||
| Clinton Riverside Convertible Portfolio Limited | 6,670,000 | 308,652 | 0 | 0 | |||||||||||||||
| National Bank of Canada c/o Putnam Lovell NBF Securities Inc. | 6,000,000 | 277,648 | 0 | 0 | |||||||||||||||
| Clinton Multistrategy Master Fund, Ltd. | 5,830,000 | 269,782 | 0 | 0 | |||||||||||||||
| Argent Classic Convertible Arbitrage (Bermuda) Fund Ltd. | 5,600,000 | 259,138 | 0 | 0 | |||||||||||||||
| Royal Bank of Canada | 5,000,000 | 231,374 | 0 | 0 | |||||||||||||||
| Onyx Fund Holdings, LDC | 4,500,000 | 208,236 | 0 | 0 | |||||||||||||||
| The Coast Fund, L.P. | 4,000,000 | 185,099 | 0 | 0 | |||||||||||||||
| KBC Financial Products [Cayman Islands] Ltd. | 3,000,000 | 138,824 | 0 | 0 | |||||||||||||||
| Argent Low Lev Convertible Arbitrage Fund Ltd. | 2,700,000 | 124,941 | 0 | 0 | |||||||||||||||
| Argent Classic Convertible Arbitrage Fund L.P. | 2,500,000 | 115,687 | 0 | 0 | |||||||||||||||
| AIG DKR SoundShore Opportunity Holding Fund Ltd. | 2,000,000 | 92,549 | 0 | 0 | |||||||||||||||
| Bear, Stearns & Co. Inc. | 2,000,000 | 92,549 | 0 | 0 | |||||||||||||||
| CSS, LLC | 2,000,000 | 92,549 | 0 | 0 | |||||||||||||||
| Laurel Ridge Capital, LP | 3,000,000 | 138,824 | 0 | 0 | |||||||||||||||
| MFS Total Return Fund A Series of Series Trust V | 2,000,000 | 92,549 | 0 | 0 | |||||||||||||||
| Nisswa Master Fund Ltd. | 2,000,000 | 92,549 | 0 | 0 | |||||||||||||||
| White River Securities L.L.C. | 2,000,000 | 92,549 | 0 | 0 | |||||||||||||||
| Zurich Institutional Benchmarks Master Fund Ltd. | 1,735,000 | 80,286 | 0 | 0 | |||||||||||||||
| CNH CA Master Account, L.P. | 1,000,000 | 46,274 | 0 | 0 | |||||||||||||||
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| Principal | Shares of LIN TV | ||||||||||||||||||
| Amount of | Class A Common | Shares of LIN TV | |||||||||||||||||
| Debentures | Stock Beneficially | Debentures | Class A Common | ||||||||||||||||
| Beneficially | Owned Upon | Owned After | Stock Owned | ||||||||||||||||
| Owned That | Conversion of the | Completion of | After Completion | of | |||||||||||||||
| Name of Securityholder | May Be Sold | Debentures (1) | the Offering (2) | the Offering(2) | |||||||||||||||
| Lyxor Master Fund Ref: | |||||||||||||||||||
| Argent/LowLev CB c/o Argent | 800,000 | 137,019 | 0 | 0 | |||||||||||||||
| BP Amoco PLC Master Trust | 706,000 | 32,670 | 0 | 0 | |||||||||||||||
| Argent LowLev Convertible Arbitrage Fund LLC | 700,000 | 32,392 | 0 | 0 | |||||||||||||||
| Argent LowLev Convertible Arbitrage Fund II, LLC | 600,000 | 27,764 | 0 | 0 | |||||||||||||||
| Xavex Convertible Arbitrage 10 Fund | 600,000 | 27,764 | 0 | 0 | |||||||||||||||
| Gasner Investors Holdings Ltd. | 500,000 | 23,137 | 0 | 0 | |||||||||||||||
| Xavex Convertible Arbitrage 2 Fund | 500,000 | 23,137 | 0 | 0 | |||||||||||||||
| Meadow IAM Limited | 310,000 | 14,345 | 0 | 0 | |||||||||||||||
| Class C Trading Company, Ltd. | 300,000 | 13,882 | 0 | 0 | |||||||||||||||
| Custom Investments PCC, Ltd. | 300,000 | 13,882 | 0 | 0 | |||||||||||||||
| Hotel Union & Hotel Industry of Hawaii Pension Plan | 276,000 | 12,771 | 0 | 0 | |||||||||||||||
| Sphinx Convertible Arb Fund SPC | 253,000 | 11,707 | 0 | 0 | |||||||||||||||
| Credit Suisse First Boston Europe Limited | 200,000 | 9,254 | 0 | 0 | |||||||||||||||
| Zurich Institutional Benchmark Master Fund LTD | 100,000 | 4,627 | 0 | 0 | |||||||||||||||
| Viacom Inc. Pension Plan Master Trust | 24,000 | 1,110 | 0 | 0 | |||||||||||||||
| Jefferies and Company Inc. | 6,000 | 277 | 0 | 0 | |||||||||||||||
| (1) | Assumes conversion of all of the securityholders’ debentures at the maximum conversion rate of 46.2748 shares per debenture. However, the maximum conversion rate is subject to adjustment as described under “Description of Debentures — Exchange Rights.” As a result, the amount of common stock issuable upon conversion of the debentures may increase or decrease in the future. | |
| (2) | We do not know when or in what amounts a selling securityholder may offer the debentures or shares for sale. The selling securityholders might not sell any or all of the debentures or shares offered by this prospectus. Because the selling securityholders may offer all or some of the debentures or shares pursuant to this offering, and because there are currently no agreements, arrangements or understandings with respect to the sale of any of the debentures or shares, we cannot estimate the number of the debentures or shares that will be held by the selling securityholders after completion of the offering. However, for purposes of this table, we have assumed that, after completion of the offering, none of the debentures or shares covered by this prospectus will be held by the selling securityholders. | |
| (3) | Information about other selling securityholders will be set forth in prospectus supplements or amendments to this prospectus, if required. |
None of the selling securityholders has held any position or office with, or has otherwise had a material relationship with, us or any of our subsidiaries within the past three years, other than Bear, Stearns & Co., Inc. and Deutsche Bank Securities, Inc., which were initial purchasers of the debentures and our 6 1/2% Senior Subordinated Notes due 2013.
The date of this prospectus supplement is August 30, 2004.
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