Filed Pursuant to Rule 424(b)(3)
Registration No. 333-107754
PROSPECTUS SUPPLEMENT NO. 9
(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.
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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.
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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
NAME OF SECURITYHOLDER MAY BE SOLD DEBENTURES(1) THE OFFERING(2) OF 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
Bear, Stearns & Co. Inc. 2,000,000 92,549 0 0
Laurel Ridge Capital, LP 6,000,000 277,648 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
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
S-2
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
Sphinx Convertible Arbitrage (Clinton) 2,223,000 102,868 0 0
Segregated Portfolio
Partners Group Alternative Strategies 2,223,000 102,868 0 0
PCC Ltd. - Green Delta Cell
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(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.
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The date of this prospectus supplement is October 28, 2004.
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