CUSIP No. |
The CUSIP for the Series A Common Stock is 25470F104 The CUSIP for the Series C Common Stock is 25470F302 |
Page | 2 |
of | 13 |
1 | NAMES OF REPORTING PERSONS Advance/Newhouse Programming Partnership |
||||||||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
||||||||||
(a) o | |||||||||||
(b) o | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | ||||||||||
OO | |||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
New York | |||||||||||
7 | SOLE VOTING POWER | ||||||||||
NUMBER OF | 70,314,951 shares of Series A Common Stock and 70,314,951 shares of Series C Common Stock | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 0 | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER | |||||||||
REPORTING | |||||||||||
PERSON | 70,314,951 shares of Series A Common Stock and 70,314,951 shares of Series C Common Stock | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
0 | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
70,314,951 shares of Series A Common Stock and 70,314,951 shares of Series C Common Stock | |||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
34.4% Series A Common Stock and 33.3% Series C Common Stock | |||||||||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||||||||
PN |
-2-
CUSIP No. |
The CUSIP for the Series A Common Stock is 25470F104 The CUSIP for the Series C Common Stock is 25470F302 |
Page | 3 |
of | 13 |
1 | NAMES OF REPORTING PERSONS Newhouse Broadcasting Corporation |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
||||||||||
(a) o | |||||||||||
(b) o | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | ||||||||||
OO | |||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
New York | |||||||||||
7 | SOLE VOTING POWER* | ||||||||||
NUMBER OF | 70,314,951 shares of Series A Common Stock and 70,314,951 shares of Series C Common Stock | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 0 | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER* | |||||||||
REPORTING | |||||||||||
PERSON | 70,314,951 shares of Series A Common Stock and 70,314,951 shares of Series C Common Stock | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
0 | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
70,314,951 shares of Series A Common Stock and 70,314,951 shares of Series C Common Stock | |||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
34.4% Series A Common Stock and 33.3% Series C Common Stock | |||||||||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||||||||
CO |
-3-
CUSIP No. |
The CUSIP for the Series A Common Stock is 25470F104 The CUSIP for the Series C Common Stock is 25470F302 |
Page | 4 |
of | 13 |
1 | NAMES OF REPORTING PERSONS Advance Publications, Inc. |
||||||||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
||||||||||
(a) o | |||||||||||
(b) o | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | ||||||||||
OO | |||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
New York | |||||||||||
7 | SOLE VOTING POWER* | ||||||||||
NUMBER OF | 70,314,951 shares of Series A Common Stock and 70,314,951 shares of Series C Common Stock | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 0 | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER* | |||||||||
REPORTING | |||||||||||
PERSON | 70,314,951 shares of Series A Common Stock and 70,314,951 shares of Series C Common Stock | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
0 | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
70,314,951 shares of Series A Common Stock and 70,314,951 shares of Series C Common Stock | |||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
34.4% Series A Common Stock and 33.3% Series C Common Stock | |||||||||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||||||||
CO |
-4-
CUSIP No. |
The CUSIP for the Series A Common Stock is 25470F104 The CUSIP for the Series C Common Stock is 25470F302 |
Page | 5 |
of | 13 |
1 | NAMES OF REPORTING PERSONS Newhouse Family Holdings, L.P. |
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2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
||||||||||
(a) o | |||||||||||
(b) o | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | ||||||||||
OO | |||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
Delaware | |||||||||||
7 | SOLE VOTING POWER* | ||||||||||
NUMBER OF | 70,314,951 shares of Series A Common Stock and 70,314,951 shares of Series C Common Stock | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 0 | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER* | |||||||||
REPORTING | |||||||||||
PERSON | 70,314,951 shares of Series A Common Stock and 70,314,951 shares of Series C Common Stock | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
0 | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
70,314,951 shares of Series A Common Stock and 70,314,951 shares of Series C Common Stock | |||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
34.4% Series A Common Stock and 33.3% Series C Common Stock | |||||||||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||||||||
PN |
-5-
CUSIP No. |
The CUSIP for the Series A Common Stock is 25470F104 The CUSIP for the Series C Common Stock is 25470F302 |
Page | 6 |
of | 13 |
1 | NAMES OF REPORTING PERSONS Advance Long-Term Management Trust |
||||||||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
||||||||||
(a) o | |||||||||||
(b) o | |||||||||||
3 | SEC USE ONLY | ||||||||||
4 | SOURCE OF FUNDS (SEE INSTRUCTIONS) | ||||||||||
OO | |||||||||||
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ||||||||||
o | |||||||||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||||||||
New Jersey | |||||||||||
7 | SOLE VOTING POWER* | ||||||||||
NUMBER OF | 70,314,951 shares of Series A Common Stock and 70,314,951 shares of Series C Common Stock | ||||||||||
SHARES | 8 | SHARED VOTING POWER | |||||||||
BENEFICIALLY | |||||||||||
OWNED BY | 0 | ||||||||||
EACH | 9 | SOLE DISPOSITIVE POWER* | |||||||||
REPORTING | |||||||||||
PERSON | 70,314,951 shares of Series A Common Stock and 70,314,951 shares of Series C Common Stock | ||||||||||
WITH | 10 | SHARED DISPOSITIVE POWER | |||||||||
0 | |||||||||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||||||||
70,314,951 shares of Series A Common Stock and 70,314,951 shares of Series C Common Stock | |||||||||||
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||||||||
o | |||||||||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||||||||
34.4% Series A Common Stock and 33.3% Series C Common Stock | |||||||||||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||||||||
OO |
-6-
Item 1. | Security and Issuer. |
Item 2. | Identity and Background. |
Advance/Newhouse |
||
(a) Name of Person Filing
|
Advance/Newhouse Programming Partnership | |
(b) Address of Principal Business Office
|
5000 Campuswood Drive E. Syracuse, NY 13057 |
|
(c) Principal Business
|
Holds shares in programming and other cable related companies in the U.S. | |
(d) (e)
|
During the last five years, neither Advance/Newhouse, nor, to Advance/Newhouses knowledge, any of the individuals referred to in Exhibit A, has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or |
-7-
prohibiting or mandating activities subject to, federal or state securities laws, or finding violations with respect to such laws. | ||
(f) Place of Organization
|
New York | |
NBCo |
||
(a) Name of Person Filing
|
Newhouse Broadcasting Corporation | |
(b) Address of Principal Business Office
|
5000 Campuswood Drive E. Syracuse, NY 13057 |
|
(c) Principal Business
|
Holds an indirect interest in a cable operator and other cable related companies in the U.S. | |
(d) (e)
|
During the last five years, neither NBCo, nor, to NBCos knowledge, any of the individuals referred to in Exhibit B, has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws, or finding violations with respect to such laws. | |
(f) Place of Organization
|
New York | |
API |
||
(a) Name of Person Filing
|
Advance Publications, Inc. | |
(b) Address of Principal Business Office
|
950 Fingerboard Road Staten Island, NY 10305 |
|
(c) Principal Business
|
Newspaper publishing and printing | |
(d) (e)
|
During the last five years, neither API, nor, to APIs knowledge, any of the individuals referred to in Exhibit C, has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws, or finding violations with respect to such laws. | |
(f) Place of Organization
|
New York | |
NFH |
||
(a) Name of Person Filing
|
Newhouse Family Holdings, L.P. | |
(b) Address of Principal Business Office
|
4 Times Square New York, NY 10036 |
|
(c) Principal Business
|
Holds shares in newspaper publishing and printing business | |
(d) (e)
|
During the last five years, neither NFH, nor, to NFHs knowledge, any of the individuals referred to in Exhibit D, has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws, or finding violations with respect to such laws. |
-8-
(f) Place of Organization
|
Delaware | |
Advance Long-Term Trust |
||
(a) Name of Person Filing
|
Advance Long-Term Management Trust | |
(b) Address of Principal Business Office
|
4 Times Square New York, NY 10036 |
|
(c) Principal Business
|
Holds a general partnership interest in newspaper publishing and printing business | |
(d) (e)
|
During the last five years, neither Advance Long-Term Trust, nor, to Advance Long-Term Trusts knowledge, any of the individuals referred to in Exhibit E, has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws, or finding violations with respect to such laws. | |
(f) Place of Organization
|
New Jersey |
Item 3. | Source and Amount of Funds or Other Consideration. |
Item 4. | Purpose of Transaction. |
| DHC effected a spin-off (the AMG Spin-off) to its stockholders of a wholly-owned subsidiary holding the networks and creative services businesses of Ascent Media Group (AMG). | ||
| Immediately following the AMG Spin-off, Advance/Newhouse contributed its interests in DC and AP to the Issuer (The A/N Contribution) in exchange for the Shares. | ||
| Immediately thereafter, Merger Sub merged with and into DHC (the Merger) and DHC became a wholly owned subsidiary of the Issuer. Existing DHC stockholders received shares of Series A Common Stock, Series B Common Stock and Series Common Stock of the Issuer. |
-9-
(i) | shares of the Series A Preferred Stock convertible into a number of shares of Series A Common Stock equal to one-half of the number of shares of Series A Common Stock and Series B common stock, par value $0.01 per share (the Series B Common Stock) issued in the Merger; | ||
(ii) | shares of Series C Preferred Stock convertible into a number of shares of Series C Common Stock equal to one-half of the number of shares of Series C Common Stock issued in the Merger; | ||
(iii) | additional shares of Series A Preferred Stock convertible into a number of shares of Series A Common Stock equal to one-half of the aggregate number of shares of Series A Common Stock and Series B Common Stock that may be issued by the Issuer pursuant to stock options and stock appreciation rights in effect immediately following the merger; and | ||
(iv) | additional shares of Series C Preferred Stock convertible into a number of shares of Series C Common Stock equal to one-half of the aggregate number of shares of Series C Common Stock that may be issued by the Issuer pursuant to stock options and stock appreciation rights in effect immediately following the Merger. |
| each share of DHC Series A common stock, par value $0.01 per share outstanding immediately prior to the effective time of the Merger was converted into the right to receive 0.50 shares of the Series A Common Stock and 0.50 shares of the Series C Common Stock; and | ||
| each share of DHC Series B common stock, par value $0.01 per share outstanding immediately prior to the effective time of the Merger was converted into the right to receive 0.50 shares of the Series B Common Stock and 0.50 shares of Series C Common Stock. |
-10-
(i) | upon each issuance of shares of Series A Common Stock pursuant to the exercise of a stock appreciation right granted in connection with the Merger, the escrow agent will promptly release from escrow and distribute to Advance/Newhouse a number of shares of Series A Preferred Stock convertible into half of the number of shares of Series A Common Stock so issued and any escrow property (other than such shares) that are attributable to such released shares of Series A Preferred Stock; | ||
(ii) | upon each issuance of shares of Series C Common Stock pursuant to the exercise of a stock appreciation right granted in connection with the merger, the escrow agent will promptly release from escrow and distribute to Advance/Newhouse a number of shares of Series C Preferred Stock convertible into half of the number of shares of Series C Common Stock so issued and any escrow property (other than such shares) that are attributable to such released shares of Series C Preferred Stock; | ||
(iii) | upon each issuance of shares of Series A Common Stock or Series B Common Stock pursuant to the exercise of a Series A Common Stock option or Series B Common Stock option granted in connection with the Merger, the escrow agent will promptly release from escrow and distribute to Advance/Newhouse a number of shares of Series A Preferred Stock convertible into shares of Series A Common Stock equal to half of the quotient of (x) the aggregate number of shares of Series A Common Stock or Series B Common Stock subject to such option, multiplied by the spread between the fair market value of such shares of Series A Common Stock or Series B Common Stock issuable upon exercise of such option on the date of exercise and the exercise price of such option and (y) the fair market value of shares of Series A Common Stock or Series B Common Stock subject to such option, and any escrow property (other than such shares) that are attributable to such released shares of Series A Preferred Stock; | ||
(iv) | upon each issuance of shares of Series C Common Stock pursuant to the exercise of a Series C Common Stock option granted in connection with the Merger, the escrow agent will promptly release from escrow and distribute to Advance/Newhouse, shares of Series C Preferred Stock convertible into a number of shares of Series C Common Stock equal to half of the quotient of (x) the aggregate number of shares of Series C Common Stock subject to such option multiplied by the spread between the fair market value of such shares of Series C Common Stock issuable upon exercise of such option on the date of exercise and the exercise price of such option and (y) the fair market value of shares of Series C Common Stock subject to such option, and any escrow property (other than such shares) that are attributable to such released shares of Series C Preferred Stock; | ||
(v) | the escrow will terminate at such time as all of the Issuers stock appreciation rights and options outstanding immediately following the Merger have been exercised or the time period within which such stock appreciation rights and options may be exercised has expired, following which the escrow agent will promptly distribute any escrow shares and escrow property remaining in escrow to the Issuer. |
-11-
Item 5. | Interest in Securities of the Issuer. |
Item 6. | Contracts, Arrangements, Understandings or Relations with Respect to Securities of the Issuer. |
Item 7. | Materials to be Filed as Exhibits. |
-12-
Exhibit | Description | |
A
|
Partners of Advance/Newhouse | |
B
|
Directors and Executive Officers of NBCo | |
C
|
Directors and Executive Officers of API | |
D
|
Partners of NFH | |
E
|
Trustees of Advance Long-Term Trust | |
F
|
Transaction Agreement, dated as of June 4, 2008, between the Issuer, DHC and Advance/Newhouse | |
G
|
Escrow Agreement, dated as of September 17, 2008, between the Issuer and Advance/Newhouse | |
H
|
Registration Rights Agreement, dated as of September 17, 2008, between the Issuer and Advance/Newhouse |
-13-
Advance/Newhouse Programming Partnership |
||||
By: | /s/ Donald E. Newhouse | |||
Donald E. Newhouse | ||||
President | ||||
Newhouse Broadcasting Corporation |
||||
By: | /s/ Donald E. Newhouse | |||
Donald E. Newhouse | ||||
President | ||||
Advance Publications, Inc. |
||||
By: | /s/ Donald E. Newhouse | |||
Donald E. Newhouse | ||||
President | ||||
Newhouse Family Holdings, L.P. By: Advance Long-Term Management Trust, as General Partner |
||||
By: | /s/ Donald E. Newhouse | |||
Donald E. Newhouse, as Trustee | ||||
By: | /s/ S.I. Newhouse, Jr. | |||
S.I. Newhouse, Jr., as Trustee | ||||
Advance Long-Term Management Trust |
||||
By: | /s/ Donald E. Newhouse | |||
Donald E. Newhouse, as Trustee | ||||
By: | /s/ S.I. Newhouse, Jr. | |||
S.I. Newhouse, Jr., as Trustee | ||||