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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
Date of Report (Date of earliest event reported) August 23, 1994
SPELLING ENTERTAINMENT GROUP INC.
(Exact name of registrant as specified in its charter)
Florida
(State or other jurisdiction of incorporation)
1-6739 59-0862100
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(Commission (IRS Employer
File Number) Identification No.)
5700 Wilshire Boulevard
Los Angeles, California 90036
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(Address of principal executive offices) (Zip Code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (213) 965-5700
N.A.
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
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ITEM 5. OTHER EVENTS.
On August 23, 1994, Blockbuster Entertainment Corporation
("Blockbuster") announced that its Board of Directors had unanimously
reaffirmed its approval of the proposed merger with Viacom Inc. ("Viacom") and
set September 29, 1994 as the date for the special meeting at which
Blockbuster's shareholders will consider and vote on the merger. Blockbuster's
Board of Directors fixed August 31, 1994 as the record date for the special
meeting. Upon the closing of the merger, which closing is subject to customary
conditions, including approval of the merger by Blockbuster's shareholders,
Viacom would own a majority of Spelling Entertainment Group Inc.'s common
stock. A copy of the press release relating to the foregoing is included as
Exhibit 99 hereto and is incorporated herein by reference.
Blockbuster's Board of Directors' action comes as a result of the
significant improvement in Viacom's stock prices in recent months, Viacom's
completion of its acquisition of Paramount Communications Inc., its strong
second quarter results and the divestitures it is considering, as well as
Blockbuster's Board of Directors' continuing belief in the strategic benefits
of the proposed combination and the long-term prospects of the combined entity.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits.
The Exhibits to this Report are listed in the Exhibit Index set forth elsewhere
herein.
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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.
SPELLING ENTERTAINMENT GROUP INC.
By: /s/ Thomas P. Carson
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Thomas P. Carson
Senior Vice President, Treasurer
and Chief Financial Officer
Date: August 25, 1994
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SPELLING ENTERTAINMENT GROUP INC.
EXHIBIT INDEX
Number and Sequential
Description of Exhibit Page Number
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1. None
2. None
4. None
16. None
17. None
20. None
23. None
24. None
27. None
99. Press Release, dated August 23, 1994.