SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________________________________________
SCHEDULE 13D
(Amendment No. 12)
Under the Securities Exchange Act of 1934
SPELLING ENTERTAINMENT GROUP INC.
(Name of Issuer)
Common Stock, Par Value $.10 Per Share
(Title of Class of Securities)
847807 10 4
(CUSIP Number)
Philippe P. Dauman, 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)
Copy to:
Stephen R. Volk, Esq.
Shearman & Sterling
599 Lexington Avenue
New York, NY 10022
Telephone: (212) 848-4000
November 11, 1994
(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 / /.
Page 1 of ___ Pages
CUSIP No. 847807 10 4
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
SEGI HOLDING CO.
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I.R.S. Identification No. 65-0418084
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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)
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(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
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- ----------------------------------------------------------------------------------------
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Number of (7) Sole Voting Power
--------------------------------------------------------------
Shares
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Beneficially (8) Shared Voting Power 69,010,580
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Owned by
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Each (9) Sole Dispositive Power
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Reporting
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Person (10) Shared Dispositive Power 69,010,580
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With
------------ --------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
69,010,580
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(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
----
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(13) Percent of Class Represented by Amount in Row (11)
79.23% (includes shares subject to currently exercisable warrants)
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(14) Type of Reporting Person (See Instructions) CO
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Page 2 of ___ Pages
CUSIP No. 847807 10 4
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
BLOCKBUSTER PICTURES HOLDING CORPORATION
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I.R.S. Identification No. 65-0418087
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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)
----------------------------------------------------
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(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
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----------------------------------------------------------------------------------------
------------
Number of (7) Sole Voting Power
---------------------------------------------------------------
Shares
--------------------------------------------------------------------------------
Beneficially (8) Shared Voting Power 69,010,580
--------------------------------------------------------
Owned by
--------------------------------------------------------------------------------
Each (9) Sole Dispositive Power
----------------------------------------------------------
Reporting
--------------------------------------------------------------------------------
Person (10) Shared Dispositive Power 69,010,580
-----------------------------------------------------
With
------------ --------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
69,010,580
----------------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
----
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(13) Percent of Class Represented by Amount in Row (11)
79.23% (includes shares subject to currently exercisable warrants)
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(14) Type of Reporting Person (See Instructions) CO
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Page 3 of ___ Pages
CUSIP No. 847807 10 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. Identification 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)
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(3) SEC Use Only
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------------------------------------------------------------------------------------------------
(4) Sources of Funds (See Instructions)
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(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
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------------
Number of (7) Sole Voting Power
---------------------------------------------------------------
Shares
--------------------------------------------------------------------------------
Beneficially (8) Shared Voting Power 69,010,580
--------------------------------------------------------
Owned by
--------------------------------------------------------------------------------
Each (9) Sole Dispositive Power
----------------------------------------------------------
Reporting
--------------------------------------------------------------------------------
Person (10) Shared Dispositive Power 69,010,580
-----------------------------------------------------
With
---------- --------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
69,010,580
------------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
---
----------------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
79.23% (includes shares subject to currently exercisable warrants)
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(14) Type of Reporting Person (See Instructions) CO
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Page 4 of ___ Pages
CUSIP No.947807 10 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)
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(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 69,010,580
-------------------------------------------------------
Owned by
--------------------------------------------------------------------------------
Each (9) Sole Dispositive Power
-----------------------------------------------------
Reporting
--------------------------------------------------------------------------------
Person (10) Shared Dispositive Power 69,010,580
-----------------------------------------------------
With
------- --------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
----------------------------
69,010,580
----------------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
----------------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
--------------------------------------
79.23% (includes shares subject to currently exercisable warrants)
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(14) Type of Reporting Person (See Instructions) IN
---------------------------------------------
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Page 5 of ___ Pages
This Amendment No. 12 amends the Statement on
Schedule 13D filed with the Securities and Exchange
Commission on September 29, 1994 by Sumner M. Redstone,
Viacom Inc. ("Viacom"), Blockbuster Pictures Holding
Corporation ("Holdings") and SEGI Holding Co. ("SEGI"),
as amended (the "Statement"). This Amendment No. 12 is
filed with respect to the shares of common stock, par value
$.10 per share (the "Common Stock"), of Spelling Entertainment
Group Inc. (the "Issuer"), a Florida corporation, with its
principal executive offices located at 5700 Wilshire Boulevard,
Los Angeles, California 90036. Capitalized terms used but not
defined herein have the meanings assigned to such terms in
the Statement.
Item 2. Identity and Background
Item 2 is hereby amended and supplemented to reflect changes
in the directors and executive officers of Viacom Inc. ("Viacom")
as set forth on Schedule I attached hereto. Schedule I sets
forth the following information with respect to each such person:
(i) name;
(ii) business address (or residence address where
indicated); and
(iii) present principal occupation or employment and the
name, principal business and address of any corporation
or other organization in which such employment is
conducted.
All of the directors and executive officers of Viacom are
citizens of the United States.
During the last five years, neither Viacom nor any person
named in Schedule I attached hereto (including Mr. Redstone)
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.
Item 4. Purpose of the Transaction
Item 4 is hereby amended and supplemented as follows:
On November 11, 1994, Issuer increased the size of its Board
of Directors (the "Issuer Board") by two directors by electing
Sumner M. Redstone, Frank J. Biondi, Jr., Philippe P. Dauman and
J. Brian McGrath, and accepting the resignations of John T.
Lawrence III and Alfred W. Martinelli
The addition of Messrs. Redstone, Biondi and Dauman, all of
whom are directors of Viacom, to the Issuer Board, whose members
include Chairman H. Wayne Huizenga and Steven R. Berrard, who are
also Viacom directors, constitutes a majority of the Issuer Board
being affiliated with Viacom.
Page 6 of ___ Pages
Item 7. Material to Be Filed as Exhibits.
--------------------------------
99.1 Press release issued by Spelling Entertainment
Group Inc. on November 14, 1994.
Page 7 of ___ Pages
Signature
---------
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.
November 14, 1994 SEGI HOLDING CO.
By /s/ Thomas W. Hawkins
----------------------------
Name: Thomas W. Hawkins
Title: Sr. Vice President,
General Counsel and
Secretary
Page 8 of ___ Pages
Signature
---------
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.
November 14, 1994 BLOCKBUSTER PICTURES
HOLDING CORPORATION
By /s/ Thomas W. Hawkins
----------------------------
Name: Thomas W. Hawkins
Title: Sr. Vice President,
General Counsel and
Secretary
Page 9 of ___ Pages
Signature
---------
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.
November 14, 1994 VIACOM INC.
By /s/ Philippe P. Dauman
----------------------------
Name: Philippe P. Dauman
Title: Executive Vice
President, General
Counsel, Chief
Administrative
Officer and
Secretary
Page 10 of ___ Pages
Signature
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this Statement is true, complete and correct.
November 14, 1994
*
---------------------------------
Sumner M. Redstone, Individually
*By /s/ Philippe P. Dauman
-----------------------------------------------
Philippe P. Dauman
Attorney-in-Fact
under the Limited Power of
Attorney filed as Exhibit 99.2
to the Statement, Amendment No. 11.
Page 11 of ___ Pages
Schedule I
Executive Officers
Name and Address
of Corporation or
Business or Principal Occupation Other Organization in
Name Residence Address or Employment Which Employed
---- ----------------- ------------- --------------
Sumner M. Redstone* Viacom Inc. Chairman of the Board National Amusements,
200 Elm Street of Viacom; Chairman of Inc.
Dedham, MA 02026 the Board and Viacom Inc.
President, Chief 200 Elm Street
Executive Officer of Dedham, MA 02026
NAI
Frank J. Biondi, Jr.* Viacom International President, Chief Viacom International
Inc. Executive Officer of Inc.
1515 Broadway Viacom 1515 Broadway
New York, NY 10036 New York, NY 10036
Vaughn A. Clarke Viacom International Sr. VP, Treasurer of Viacom International
Inc. Viacom Inc.
1515 Broadway 1515 Broadway
New York, NY 10036 New York, NY 10036
Philippe P. Dauman* Viacom International Executive VP, General Viacom International
Inc. Counsel, Chief Inc.
1515 Broadway Administrative Officer 1515 Broadway
New York, NY 10036 and Secretary of Viacom New York, NY 10036
Thomas E. Dooley Viacom International Executive VP, Finance, Viacom International
Inc. Corporate Development Inc.
1515 Broadway and Communications of 1515 Broadway
New York, NY 10036 Viacom New York, NY 10036
Carl Folta Viacom International Sr. VP, Corporate Viacom International
Inc. Relations of Viacom Inc.
1515 Broadway 1515 Broadway
New York, NY 10036 New York, NY 10036
Michael D. Fricklas Viacom International Sr. VP, Deputy General Viacom International
Inc. Counsel of Viacom Inc.
1515 Broadway 1515 Broadway
New York, NY 10036 New York, NY 10036
Rudolph L. Hertlein Viacom International Sr. VP of Viacom Viacom International
Inc. Inc.
1515 Broadway 1515 Broadway
New York, NY 10036 New York, NY 10036
Edward D. Horowitz Viacom International Sr. VP, Technology of Viacom International
Inc. Viacom; Chairman, Chief Inc.
1515 Broadway Executive Officer of 1515 Broadway
New York, NY 10036 New Media and New York, NY 10036
Interactive Television
____________________
*Director
Page 1
Name and Address
of Corporation or
Business or Principal Occupation Other Organization in
Name Residence Address or Employment Which Employed
---- ----------------- ------------- --------------
Kevin C. Lavan Viacom International Sr. VP, Controller and Viacom International
Inc. Chief Accounting Inc.
1515 Broadway Officer of Viacom 1515 Broadway
New York, NY 10036 New York, NY 10036
Henry Leingang Viacom International Sr. VP, Chief Viacom International
Inc. Information Officer of Inc.
1515 Broadway Viacom 1515 Broadway
New York, NY 10036 New York, NY 10036
William A. Roskin Viacom International Sr. VP, Human Resources Viacom International
Inc. and Administration of Inc.
1515 Broadway Viacom 1515 Broadway
New York, NY 10036 New York, NY 10036
George S. Smith, Jr. Viacom International Sr. VP, Chief Financial Viacom International
Inc. Officer of Viacom Inc.
1515 Broadway 1515 Broadway
New York, NY 10036 New York, NY 10036
Mark M. Weinstein Viacom International Sr. VP, Government Viacom International
Inc. Affairs of Viacom Inc.
1515 Broadway 1515 Broadway
New York, NY 10036 New York, NY 10036
Directors
Steven R. Berrard Blockbuster President and Chief Blockbuster
Entertainment Executive Officer of Entertainment
Group the Blockbuster Group
One Blockbuster Plaza Entertainment Group One Blockbuster Plaza
Fort Lauderdale, FL Fort Lauderdale, FL
33301 33301
William C. Ferguson NYNEX Corporation Chairman of the Board NYNEX Corporation
335 Madison Avenue and Chief Executive 335 Madison Avenue
New York, NY 10017 Officer of NYNEX New York, NY 10017
H. Wayne Huizenga Blockbuster Vice Chairman of the Blockbuster
Entertainment Board of Viacom; Entertainment
Group Chairman of the Board Group
One Blockbuster Plaza of Huizenga Holdings, One Blockbuster Plaza
Fort Lauderdale, FL Inc.; Chairman of the Fort Lauderdale, FL
33301 Board of the Issuer 33301
George D. Johnson, Jr. Blockbuster President -- Domestic Blockbuster
Entertainment Consumer Division of Entertainment
Group the Blockbuster Group
One Blockbuster Plaza Entertainment Group One Blockbuster Plaza
Fort Lauderdale, FL Fort Lauderdale, FL
33301 33301
Ken Miller CS First Boston Vice Chairman of CS CS First Boston
Park Avenue Plaza First Boston Park Avenue Plaza
55 East 52nd Street 55 East 52nd Street
New York, NY 10055 New York, NY 10055
-------------------
Page 2
Name and Address
of Corporation or
Business or Principal Occupation Other Organization in
Name Residence Address or Employment Which Employed
---- ----------------- ------------- --------------
Brent D. Redstone 31270 Eagle Crest Lane Self-Employed
Evergreen, CO 80439
[Residence]
Shari Redstone National Amusements, Executive Vice National Amusements,
Inc. President - National Inc.
200 Elm Street Amusements, Inc. 200 Elm Street
Dedham, MA 02026 Dedham, MA 02026
Frederic V. Salerno NYNEX Corporation Vice Chairman--Finance NYNEX Corporation
335 Madison Avenue and Business 335 Madison Avenue
New York, NY 10017 Development of NYNEX New York, NY 10017
William Schwartz Yeshiva University VP for Academic Affairs Yeshiva University
2495 Amsterdam Avenue (chief academic 2495 Amsterdam Avenue
New York, NY 10033 officer) of Yeshiva New York, NY 10033
University
Page 3
Exhibit Index
Exhibit No. Description Page No.
---------- ----------- --------
99.1 Press release issued by
Spelling Entertainment Group Inc.
on November 14, 1994
Page 12 of ___ Pages
FOR IMMEDIATE RELEASE
Contact: Thomas P. Carson
(213) 965-5820
SPELLING ELECTS NEW BOARD MEMBERS; REVISES DIVIDEND POLICY
LOS ANGELES, CA, November 14, 1994 - Spelling Entertainment Group Inc.
(NYSE:SP) announced today the election to its Board of Directors of Sumner M.
Redstone, Frank J. Biondi, Jr., Philippe P. Dauman and J. Brian McGrath.
Mr. Redstone is Chairman of the Board of Viacom Inc., one of the world's
largest entertainment and publishing companies. Mr. Biondi is President and
Chief Executive Officer, and Mr. Dauman is Executive Vice President, General
Counsel and Chief Administrative Officer of Viacom. Mr. McGrath is
Commissioner of the Thoroughbred Racing Associations. He has previously
served in a number of executive positions in the entertainment industry,
including President and Chief Executive Officer of ISL Marketing AG, a premier
sports marketing company, various positions with Viacom, Executive Vice
President of Columbia Pictures International and Coca-Cola Television and
President and Chief Executive Officer of the Entertainment Business Sector
International of The Coca-Cola Company.
Steven R. Berrard, President and Chief Executive Officer of the Company,
commented, "The election of Messrs. Redstone, Biondi and Dauman reflects our
new relationship with Viacom. The addition of all four new directors brings
to the Spelling Board talented individuals with an impressive breadth of
experience in the entertainment industry. We are very pleased to be adding
their considerable talents and expertise to our Board of Directors."
In a separate action, Spelling's Board of Directors elected to
discontinue its policy of paying quarterly dividends. Mr. Berrard stated
"Viacom, like Blockbuster, has expressed tremendous enthusiasm for Spelling's
growth prospects. Given the Company's expansion plans, the Board determined
that it was in the best interest of all the Company's shareholders to reinvest
available capital in the businesses of the Company."
Spelling's operations encompass a broad range of businesses in the
entertainment industry, including the worldwide distribution and production of
television series, mini-series, movies for television, feature films and
interactive entertainment. The Company holds a library in excess of 20,000
hours of programming. Viacom Inc. (AMEX: VIA, VIA.B) owns approximately 78%
of the Company's outstanding common stock.
