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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________________________________
SCHEDULE 13D
Under the Securities Exchange Act of 1934
MEDSCAPE, INC.
(Name of Issuer)
Common Stock, Par Value $.01 per share
(Title of Class of Securities)
585046-100-5
(CUSIP Number)
Sumner M. Redstone
National Amusements, Inc.
200 Elm Street
Dedham, Massachusetts 02026
Telephone: (781) 461-1600
with a copy to:
Michael D. Fricklas, Esq.
Viacom Inc.
1515 Broadway
New York, New York 10036
Telephone: (212) 258-6000
(Name, Address and Telephone Number of
Person Authorized to Receive Notices and Communications)
May 4, 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 which is the subject of this
Schedule 13D, and is filing this schedule because of Rule 13d-
1(b)(3) or (4), check the following box / /.
Check the following box if a fee is being paid with this
statement / /.
CUSIP No. 585046-100-5
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
SUMNER M. REDSTONE
S.S. No.
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(2) Check the Appropriate Box if a Member of Group (See
Instructions)
/ / (a)
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/ / (b)
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(3) SEC Use Only
- ---------------------------------------------------------------
(4) Sources of Funds (See Instructions) N/A
- ---------------------------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e).
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(6) Citizenship or Place of Organization
United States
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Number of (7) Sole Voting Power
Shares ---------------------------------------
Beneficially (8) Shared Voting Power 14,538,368
Owned by ---------------------------------------
Each (9) Sole Dispositive Power
Reporting ---------------------------------------
Person (10) Shared Dispositive Power 14,538,368
With
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(11) Aggregate Amount Beneficially Owned by Each Reporting
14,538,368
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(12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions)
- ---------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
32.4%
- ---------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)
IN
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CUSIP No. 585046-100-5
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
VIACOM
I.R.S No. 04-2949533
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(2) Check the Appropriate Box if a Member of Group (See
Instructions)
/ / (a)
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/ / (b)
- ---------------------------------------------------------------
(3) SEC Use Only
- ---------------------------------------------------------------
(4) Sources of Funds (See Instructions) N/A
- ---------------------------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e).
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(6) Citizenship or Place of Organization Delaware
- --------------------------------------------------------------
Number of (7) Sole Voting Power
Shares ---------------------------------------
Beneficially (8) Shared Voting Power 14,538,368
Owned by ---------------------------------------
Each (9) Sole Dispositive Power
Reporting ---------------------------------------
Person (10) Shared Dispositive Power 14,538,368
With
- ---------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting
14,538,368
- ---------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions)
- ---------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
32.4%
- ---------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)
CO
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Item 1. Security and Issuer.
The class of equity securities to which this Statement
on Schedule 13D relates is the Common Stock, $.01 par value per
share (the "Common Shares"), of Medscape, Inc. (the "Issuer"), a
Delaware corporation, with its principal executive office located
at 134 West 29th Street, New York, NY 10001.
Item 2. Identity and Background.
This Statement is filed by Mr. Sumner M. Redstone,
National Amusements, Inc. ("NAI"), NAIRI, Inc. ("NAIRI"), and
Viacom Inc. ("Viacom") (collectively, the "Reporting Persons").
Viacom, a Delaware corporation, has its principal
executive offices at 1515 Broadway, New York, New York 10036 and
is a diversified entertainment and communications company. At
May 12, 2000, approximately 68% of Viacom's voting Class A Common
Stock, par value $.01 per share, and approximately 13% (on a
combined basis) of Viacom's Class A Common Stock and non-voting
Class B Common Stock, par value $.01 per share, was owned by
NAIRI.
NAIRI, a Rhode Island corporation, has its principal
office at 200 Elm Street, Dedham, Massachusetts 02026 and is a
company owning and operating movie theaters in the United States
whose main asset is its shares of Viacom Class A Common Stock and
Class B Common Stock.
NAI, a Maryland corporation, has its principal office
at 200 Elm Street, Dedham, Massachusetts 02026. NAI's principal
businesses are owning and operating movie theaters in the United
States, United Kingdom and South America and holding the common
stock of NAIRI. 66-2/3% of the issued and outstanding shares of
capital stock of NAI are beneficially owned by Mr. Sumner M.
Redstone, as trustee of a trust owning such shares.
Sumner M. Redstone is an individual whose business
address is c/o National Amusements, Inc., 200 Elm Street, Dedham,
Massachusetts 02026. Mr. Redstone's principal occupation is
Chairman of the Board and Chief Executive Officer of NAI,
Chairman and President of NAIRI, and Chairman of the Board and
Chief Executive Officer of Viacom Inc.
The executive officers and directors of CBSBI, Viacom,
NAIRI and NAI are set forth on Schedules I through III attached
hereto, containing the following information with respect to each
such person:
(a) Name;
(b) Residence or business address; and
(c) Present principal occupation or employment and the
name, principal business and address of any
corporation or other organization in which such
employment is conducted.
During the last five years, neither of the Reporting
Persons nor any person named in any of Schedules I through III
attached hereto has been (a) convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors) or (b) 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 any
violation with respect to such laws.
Except for Jan Leschly, who is a Danish citizen, all of
the directors of Viacom, NAIRI and NAI, including Mr. Sumner M.
Redstone, are citizens of the United States.
Item 3. Source and Amount of Funds or Other Consideration.
The Issuer's Common Shares were acquired by the
Reporting Persons pursuant to the merger of CBS Corporation
("CBS"), immediate prior owner of the Common Shares and Special
Preferred Stock (as defined in Item 5 below), with and into
Viacom on May 4, 2000.
Item 4. Purpose of Transaction.
The Issuer's Common Shares were acquired by the
Reporting Persons pursuant to the merger of CBS with and into
Viacom on May 4, 2000. The Reporting Persons may, at any time
and from time to time, purchase additional Common Shares of the
Issuer and may dispose of any and all Common Shares of the Issuer
held by them. Notwithstanding the foregoing, the Reporting
Persons have no current plan or proposal which relates to, or
would result in, any of the actions enumerated in subparagraphs
(a) through (j) of Item 4 of Schedule 13D.
Item 5. Interest in Securities of the Issuer.
(a) and (b) Viacom is currently the beneficial owner,
with shared dispositive and voting power, of 14,538,368
Common Shares, or approximately 32.4%, of the Issuer's
issued and outstanding Common Shares (based on the
number of Common Shares that were reported by the
Issuer to be issued and outstanding as of March 31,
2000).
NAIRI is currently the beneficial owner, with shared
dispositive and voting power, of 14,538,368 Common
Shares, or approximately 32.4%, of the Issuer's issued
and outstanding Common Shares (based on the number of
Common Shares that were reported by the Issuer to be
issued and outstanding as of March 31, 2000).
NAI is currently the beneficial owner, with shared
dispositive and voting power, of 14,538,368 Common
Shares, or approximately 32.4%, of the Issuer's issued
and outstanding Common Shares (based on the number of
Common Shares that were reported by the Issuer to be
issued and outstanding as of March 31, 2000).
As a result of his stock ownership in NAI, Mr. Sumner
M. Redstone is deemed the beneficial owner of
14,538,368 Common Shares of the Issuer or approximately
32.4% of the Issuer's issued and outstanding Common
Shares of the Issuer (based on the number of Common
Shares that were reported by the Issuer to be issued
and outstanding as of March 31, 2000).
(c) The Issuer's Common Shares and Special Preferred
Stock were acquired by the Reporting Persons pursuant
to the merger of CBS, immediate prior owner of the
Common Shares and Special Preferred Stock, with and
into Viacom on May 4, 2000.
(d) None.
(e) N/A
Item 6. Contracts, Arrangements, Understandings or Relationships
with Respect to Securities of the Issuer.
None of the Reporting Persons have entered into, or
amended any existing, agreement with respect to the Common Shares
or other securities of the Issuer since the prior statement on
Schedule 13D, or amendment thereto, that was filed by certain of
the Reporting Persons or any predecessor thereof. Viacom, as
successor by merger to CBS, has assumed all rights and
obligations of CBS.
Signatures
After reasonable inquiry and to the best of our knowledge
and belief, we certify that the information set forth in this
statement is true, complete and correct. Pursuant to Rule 13d-
1(f)(1), each of the undersigned agrees that this statement is
filed on behalf of each of us.
May 15, 2000 /s/ Sumner M. Redstone
----------------------
Sumner M. Redstone,
Individually
National Amusements, Inc.
By: /s/ Sumner M. Redstone
------------------------
Sumner M. Redstone,
Chairman and Chief
Executive Officer
NAIRI, Inc.
By: /s/ Sumner M. Redstone
-----------------------
Sumner M. Redstone,
Chairman and President
Viacom Inc.
By: /s/Michael D. Fricklas
----------------------
Michael D. Fricklas
Senior Vice President,
General Counsel and Secretary
SCHEDULE I
VIACOM INC.
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EXECUTIVE OFFICERS
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Name and Address
of Corporation or
Business or Principal Other Organization
Name Residence Address Occupation or in Which Employed
Employment
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Sumner M. Viacom Inc. Chairman of the National Amusements,
Redstone* 1515 Broadway Board and Chief Inc.
New York, NY Executive Officer 200 Elm Street
10036 of Viacom Inc.; Dedham, MA 02026
Chairman of the
Board and Chief
Executive Officer
of National
Amusements, Inc.;
President and
Chief Executive
Officer of Viacom
International Inc.
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Mel Viacom Inc. President and Chairman, President
Karmazin* 1515 Broadway Chief Operating and Chief Executive
New York, NY Officer Viacom Officer of Infinity
10036 Inc. and Viacom Broadcasting
International Inc. Corporation
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Michael Viacom Inc. Sr. VP, General Viacom
D. 1515 Broadway Counsel and International Inc.
Fricklas New York, NY Secretary of 1515 Broadway
10036 Viacom Inc. and of New York, NY 10036
Viacom
International Inc.
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Susan C. Viacom Inc. Vice President, Viacom
Gordon 1515 Broadway Controller, Chief International
New York, NY Accounting Officer Inc.
10036 of Viacom Inc. and 1515 Broadway
Viacom New York, NY 10036
International Inc.
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William Viacom Inc. Sr. VP, Human Viacom
A. Roskin 1515 Broadway Resources and International Inc.
New York, NY Administration of 1515 Broadway
10036 Viacom Inc. and New York, NY 10036
Viacom
International Inc.
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Fredric Viacom Inc. Sr. VP, Chief Viacom
Reynolds 1515 Broadway Financial Officer International Inc.
New York, NY 10 of Viacom Inc. and 1515 Broadway
Viacom New York, NY 10036
International Inc.
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*Also a Director
SCHEDULE I
(continued)
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DIRECTORS
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George S. Winer & Abrams Attorney Winer & Abrams
Abrams 60 State Street 60 State Street
Boston, MA 02109 Boston, MA 02109
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George H. AKAMI Chairman and Chief
Conrades Technologies Executive Officer
201 Broadway of
Cambridge, MA AKAMI Technologies
02139
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Philippe 121 East 65th Director of Viacom
P. Dauman Street Inc. and National
New York, NY Amusements, Inc.
10021
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Thomas E. 243 Cleft Road Director of Viacom
Dooley Mill Neck, NY Inc.
11937
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William H. UNCF President and
Gray III 8260 Willow Oaks Chief Executive
Corporate Drive Officer of The
Fairfax, VA College Fund/UNCF
22031
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Jan SmithKline Chief Executive
Leschly Beecham (Retired) of
P.O. Box 7929 SmithKline Beecham
Philadelphia, PA
19101
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David T. Orion Safety Chairman and Chief
McLaughlin Products Executive Officer
P.O. Box 2047 of
Easton, MD 21601 Orion Safety
Products
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Ken Miller Credit Suisse Vice Chairman of Credit Suisse
First Boston C.S. First Boston First Boston
Corporation Corporation
11 Madison 11 Madison Avenue
Avenue - 22nd 22nd Floor
Floor New York, NY
New York, NY 10010
10010
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Leslie Viacom Inc. President and CBS Television
Moonves 1515 Broadway Chief Executive 7800 Beverly Blvd.
New York, NY Officer of CBS Los Angeles, CA
10036 Television 90036
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Brent D. c/o Showtime Director of National
Redstone Networks Inc. National Amusements, Inc.
1633 Broadway Amusements, Inc. 200 Elm Street
New York, NY Dedham, MA 02026
10019
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Shari National President of National
Redstone Amusements, Inc. National Amusements, Inc.
200 Elm Street Amusements, Inc. 200 Elm Street
Dedham, MA 02026 Dedham, MA 02026
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Fredric V. Bell Atlantic Vice Chairman-- Bell Atlantic
Salerno Corporation Finance and Corporation
1095 Avenue of Business 1095 Avenue of the
the Americas Development of Americas
New York, NY Bell Atlantic New York, NY
10036 10036
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William Yeshiva VP for Academic Yeshiva University
Schwartz University Affairs (chief 2495 Amsterdam
2495 Amsterdam academic officer) Avenue
Avenue of Yeshiva New York, NY
New York, NY University 10033
10033
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Ivan Bell Atlantic Chairman of the Bell Atlantic
Seidenberg Corporation Board and Chief Corporation
1095 Avenue of Executive Officer 1095 Avenue of the
the Americas of Bell Atlantic Americas
New York, NY New York, NY
10036 10036
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Patty Bill and Melinda Co-Chair and
Stonesifer Gates President of
Foundation Bill and Melinda
1551 Eastlake Gates Foundation
Ave. East
Seattle, WA
98102
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Robert D. Cardinal Health, Chairman and Chief
Walter Inc. Executive Officer
7000 Cardinal of Cardinal
Place Health, Inc.
Dublin, OH 43017
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SCHEDULE II
NAIRI, INC.
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EXECUTIVE OFFICERS
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Name and Address
of Corporation or
Business or Principal Other Organization
Name Residence Address Occupation in which Employed
or Employment
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Sumner M. Viacom Inc. Chairman of the National
Redstone* 1515 Broadway Board of Viacom Amusements, Inc.
New York, NY Inc.; Chairman of 200 Elm Street
10036 the Board and Chief Dedham, MA 02026
Executive Officer
of National
Amusements, Inc.;
Chairman and
President of NAIRI,
Inc.
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Shari National President of National
Redstone* Amusements, Inc. National Amusements, Inc.
200 Elm Street Amusements, Inc. 200 Elm Street
Dedham, MA 02026 and Executive Vice Dedham, MA 02026
President of NAIRI,
Inc.
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Jerome National Vice President and National
Magner Amusements, Inc. Treasurer of Amusements, Inc.
200 Elm Street National 200 Elm Street
Dedham, MA 02026 Amusements, Inc. Dedham, MA 02026
and NAIRI, Inc.
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Richard National Vice President of National
Sherman Amusements, Inc. National Amusements, Inc.
200 Elm Street Amusements, Inc. 200 Elm Street
Dedham, MA 02026 and NAIRI, Inc. Dedham, MA 02026
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*Also a Director
SCHEDULE III
NATIONAL AMUSEMENTS, INC.
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EXECUTIVE OFFICERS
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Name and Address
of Corporation or
Business or Principal Other Organization
Name Residence Address Occupation in which Employed
or Employment
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Sumner M. Viacom Inc. Chairman of the National
Redstone* 1515 Broadway Board of Viacom Amusements, Inc.
New York, NY Inc.; Chairman of 200 Elm Street
l0036 the Board and Chief Dedham, MA 02026
Executive Officer
of National
Amusements, Inc.;
Chairman and
President of NAIRI,
Inc.
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Shari National President of National
Redstone* Amusements, Inc. National Amusements, Inc.
200 Elm Street Amusements, Inc. 200 Elm Street
Dedham, MA 02026 and Executive Vice Dedham, MA 02026
President of NAIRI,
Inc.
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Jerome National VP and Treasurer of National
Magner Amusements, Inc. National Amusements, Inc.
200 Elm Street Amusements, Inc., 200 Elm Street
Dedham, MA 02026 and NAIRI, Inc. Dedham, MA 02026
- ---------------------------------------------------------------------
Richard National Vice President of National
Sherman Amusements, Inc. National Amusements, Inc.
200 Elm Street Amusements, Inc. 200 Elm Street
Dedham, MA 02026 and NAIRI, Inc. Dedham, MA 02026
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*Also a Director
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DIRECTORS
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George S. Winer & Abrams Attorney Winer & Abrams
Abrams 60 State Street 60 State Street
Boston, MA 02109 Boston, MA 02109
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David Lourie and Cutler Attorney Lourie and Cutler
Andelman 60 State Street 60 State Street
Boston, MA 02109 Boston, MA 02109
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Philippe Residence: Director of
P. Dauman 121 East 65th National
Street Amusements, Inc.
New York, NY and Viacom Inc.
10021
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Brent D. c/o Showtime Director of National
Redstone Networks Inc. National Amusements, Inc.
1633 Broadway Amusements, Inc. 200 Elm Street
New York, NY Dedham, MA 02026
10019
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