UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13D
(Amendment No. 1)
Under the Securities Exchange Act of 1934
MEDICALOGIC/MEDSCAPE, INC.
(Name of Issuer)
Common Stock, No Par Value per share
(Title of Class of Securities)
584642102
(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)
November 7, 2001
(Date of Event which Requires Filing of this Statement)
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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. 871045-10-0 Page 1 of 4
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
SUMNER M. REDSTONE
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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
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(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 0(1)
Owned by -------------------
Each (9) Sole Dispositive Power
Reporting -------------------
Person (10) Shared Dispositive Power 0 (1)
With
- ------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting
0(1)
- ------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes
Certain Shares (See Instructions)
- ------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
0(1)
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(14) Type of Reporting Person (See Instructions) IN
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(1) Pursuant to the Restructuring (as defined in Item 4),
Viacom Inc. surrendered to the Issuer all its shares of
Issuer's common stock.
CUSIP No. 871045-10-0 Page 2 of 4
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
VIACOM INC.
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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).
- ------------------------------------------------------------
(6) Citizenship or Place of Organization Delaware
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Number of (7) Sole Voting Power
Shares ----------------------
Beneficially (8) Shared Voting Power 0(1)
Owned by ----------------------
Each (9) Sole Dispositive Power
Reporting ----------------------
Person (10) Shared Dispositive Power 0 (1)
With ----------------------
- ------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting
0(1)
- ------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes
Certain Shares (See Instructions)
- ------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
0(1)
- -----------------------------------------------------------
(14) Type of Reporting Person (See Instructions) CO
- ------------------------------------------------------------
(1) Pursuant to the Restructuring (as defined in Item
4), Viacom Inc. surrendered to the Issuer all its
shares of Issuer's common stock.
Page 3 of 4
Item 1. Security and Issuer.
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This Amendment No. 1 amends the Statement on Schedule
13D filed with the SEC on May 30, 2000 by Mr. Sumner M.
Redstone, National Amusements, Inc., NAIRI, Inc. and Viacom
Inc. (Viacom)(collectively, the "Reporting Persons"), with
respect to the Common Stock, no par value per share (the
"Common Shares"), of MedicaLogic/Medscape, Inc. ("MDLI" or
the "Issuer"), an Oregon corporation, with its principal
executive office located at 20500 NW Evergreen Parkway,
Hillsboro, Oregon 97124.
Item 4. Purpose of Transaction.
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Item 4 is hereby amended and restated in its entirety
to read as follows:
"On November 7, 2001, Viacom, MDLI, Medscape, Inc.
("Medscape"), a Delaware corporation, and CBS Worldwide Inc.
("Worldwide"), a Delaware corporation, entered into a
Restructuring Agreement pursuant to which, among other
things, (1) Viacom paid $10,000,000 in cash and surrendered
to MDLI all of the 4,695,892 Common Shares it owned prior to
the Restructuring, (2) the Advertising and Promotion
Agreement between Viacom and Medscape under which Medscape
had certain rights to an outstanding balance of
approximately $111 million of advertising and promotion was
terminated, and (3) certain other agreements between or
among the Issuer, Medscape, Viacom and Worldwide, or any
combination thereof, were terminated (the "Restructuring").
"As a result of the Restructuring the Reporting Persons
ceased to be the beneficial owners of any of Issuer's
securities."
Item 5. Interest in Securities of the Issuer.
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Item 5 is amended and restated in its entirety as
follows:
(e) Effective November 7, 2001, pursuant to the events
described in Item 4 above, the Reporting Persons ceased to
be the beneficial owners of any of Issuer's securities.
Page 4 of 4
Signatures
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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.
November 9, 2001
/s/ Sumner M. Redstone
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Sumner M. Redstone,
Individually
National Amusements, Inc.
By:/s/ Sumner M. Redstone
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Sumner M. Redstone,
Chairman and Chief
Executive Officer
NAIRI, Inc.
By:/s/ Sumner M. Redstone
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Sumner M. Redstone,
Chairman and President
Viacom Inc.
By:/s/ Michael D. Fricklas
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Michael D. Fricklas
Executive Vice President,
General Counsel and
Secretary