8-K

                      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


                                 March 8, 2000
                           -------------------------
                               (Date of Report)

                             FISHER COMPANIES INC.
              --------------------------------------------------
              (Exact Name of Registrant as Specified in Charter)


          Washington                 000-22439                91-0222175
 (State or Other Jurisdiction   (Commission File No.)       (IRS Employer
      of Incorporation)                                  Identification No.)

 1525 One Union Square, 600 University Street, Seattle, Washington, 98101-3185
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         (Address of Principal Executive Offices, including Zip Code)

                                (206) 624-2752
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             (Registrant's Telephone Number, Including Area Code)

                                     None
- --------------------------------------------------------------------------------
         (Former Name or Former Address, if Changed Since Last Report)


Item 5.  Other Events

     On March 8, 2000, Fisher Companies Inc. announced that its Board of
Directors approved management's recommendation to engage U.S. Bankcorp Piper
Jaffray Inc. as a financial advisor to assist management with the sale of its
flour milling and bakery products distribution businesses.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits

     (c)  Exhibits

     99.1  Press Release, dated March 8, 2000, regarding announcement of year-
           end results and engagement of U.S. Bankcorp Piper Jaffray Inc as
           financial advisor.

                                       2


                                   SIGNATURE

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.

                              FISHER COMPANIES INC.


Dated: March 14, 2000                  By  /s/ David D. Hillard
                                         ---------------------------------------
                                       David D. Hillard
                                       Senior Vice President and Chief Financial
                                       Officer, and Secretary


                                 EXHIBIT INDEX

Exhibit Number        Description
- --------------        -----------
    99.1              Press Release, dated March 8, 2000, regarding announcement
                      of year-end results and engagement of U.S. Bankcorp Piper
                      Jaffray Inc as financial advisor.

EX-99

FOR IMMEDIATE RELEASE

Contact:  Christopher G. Wheeler of Fisher Companies Inc., 206-224-6784


                  FISHER COMPANIES ANNOUNCES YEAR-END RESULTS


SEATTLE, WASHINGTON--March 8, 2000--Fisher Companies Inc. (FSCI) reported that
consolidated net income for the year ended December 31, 1999 declined 14.1%
compared with 1998, from $21,057,000 to $18,093,000 or from $2.46 to $2.11 per
share (including an $8,337,000 gain in 1999 from condemnation of real estate,
net of income tax).   Net income for the fourth quarter declined 23.7%, from
$7,033,000 to $5,369,000.

     Several major factors affected consolidated net income for the year,
including interest expense of approximately $9,300,000 and goodwill amortization
of $2,444,000 relating to the acquisition of the Retlaw television stations on
July 1; interest expense of roughly $725,000 in acquiring Koch Agriculture
Company's 50% interest in the Blackfoot flour mill; and additional operating
expense from owning 100% of that facility.  The milling segment incurred charges
in the third quarter that included an additional provision for bad debts of
$1,077,000 and write-off of certain fixed assets not in service.

     The broadcasting segment performed as anticipated, with the new television
stations adding substantial revenue and accretion to broadcast cash flow, while
diluting earnings during the first year of operation.  Fisher Properties
maintained high levels of occupancy and contributed further with the gain from
condemnation of real estate.  Fisher Mills' continued losses had a significant
effect on consolidated earnings.


     FISHER BROADCASTING  The new television stations, known as Fisher Regional
Television Group, earned revenues of $22,000,000.  Excluding these eleven
stations, 1999 broadcasting revenue was 2.2% greater than the record revenue
recorded in 1998, which included more than $5,000,000 from political
advertising.  Revenue from KOMO TV in Seattle increased modestly as increased
revenue from local and national advertising and paid programming more than
offset the decline in political advertising.

     KATU Television in Portland reported a decline in revenue of approximately
7% as market demand softened.  Revenue from radio operations increased
approximately $3,500,000, including $3,100,000 from the Seattle Radio Group
(KOMO AM, KVI AM, and KPLZ-FM), and $750,000 from the Fisher Regional Radio
Group stations located in Montana and Eastern Washington.  Revenue from the
Portland Radio Group (KWJJ-FM and KOTK AM) declined approximately $350,000.
Fisher Communications and the recently formed Fisher Entertainment division
earned revenue of approximately $1,000,000 and $500,000, respectively.


     1999 operating income from the Fisher Television Regional Group and Fisher
Radio Regional Group was partially offset by declines at the Portland television
and radio groups, producing a net increase of 2.7% for Fisher Broadcasting.
Operating income for the fourth quarter rose 9.2%.  Overall operating expenses
increased 25.3% in 1999, primarily due to operating costs of the new television
stations and Fisher Entertainment.


     FISHER MILLS  During 1999 average flour prices continued their downward
trend begun in 1998.  Flour prices decreased 6.2% from 1998, while flour sales
volume increased 15.6%.  Revenue of the milling division, including 100%
ownership of the Blackfoot mill from July 1, increased $2,700,000, or 4.2% over
1998.  Food distribution sales for 1999 were $4,200,000 or 9.6% above 1998
levels.

     Margins on flour sales continued to be pressured, as wheat markets remained
soft, per capita consumption of flour declined slightly, and industry milling
capacity increased.  In addition, export sales of flour remained low and
millfeed sales declined an average of $31,000 per month in 1999.  Operating
expenses increased 35.3% compared to 1998 due to a number of factors, including
a $1,077,000 increase in provision for bad debts and increased expenses related
to personnel, consulting, and delivery of goods.  Also, certain fixed assets no
longer in service totaling $390,000 were written off.  While production at the
Blackfoot mill increased in 1999, operations remained below full capacity.

     The distribution division had mixed results during 1999.  The Seattle and
Portland units had strong results, while the Southern California distribution
center incurred diminishing losses through the year.  With the mid-year hiring
of a new general manager at Rancho Cucamonga, reorganization of the logistics
and delivery functions, and the exiting of unprofitable long distance markets,
operating performance improved during the second half.


     FISHER PROPERTIES  1999 revenue included gain from condemnation of real
estate in the amount of $12,825,000.  In June 1999, Fisher Properties received
$13,100,000 in initial condemnation proceeds from the Washington State
Department of Transportation under terms of a possession and use agreement for
two properties located on Fourth Avenue South in Seattle.  Fair market
negotiations continued throughout the remainder of the year and, in December,
additional proceeds of $3,400,000 were awarded.  Excluding the condemnation
gain, revenue decreased 4.2% compared with 1998, due to loss of revenue from the
properties sold.  Strong Real estate market conditions continued in the Puget
Sound, and contributed to an average occupancy rate of 98% during 1999, and
higher rates for new and renewing leases.

     Construction of the 270,000 square foot, five building Auburn industrial
project began on October 1, and shell construction will begin this spring.
Fisher Plaza, which was designed and will be operated by Fisher Properties, is
on schedule and on budget.  Major tenants, including KOMO TV, will take
occupancy during second and third quarters 2000.


     CURRENT BUSINESS  Today, the Fisher Companies Inc. Board of Directors
approved management's recommendation to engage U.S. Bancorp Piper Jaffray Inc.
as a financial advisor to assist management with the sale of its flour milling
and bakery products distribution businesses.  The company believes that the sale
of these assets will help to focus its resources on its remaining businesses and
on becoming a more fully integrated communications and media enterprise.

     At their meeting in December, the Board of Directors declared a dividend of
$.26 per share that was paid on March 3, 2000 to stockholders of record on
February 18.  At last week's March 8 meeting, a dividend of $.26 per share was
declared, payable on June 2, 2000 to stockholders of record on May 19.

     The 1999 Annual Report and Notice of Annual Meeting of Shareholders will be
mailed in late March.  The annual meeting will be held Thursday, April 27, 2000
at the United Artists 150 Theater in Seattle.  A tour of the new Fisher Plaza
project is planned.

     This release includes forward-looking statements that are subject to
certain risks and uncertainties, including those discussed in the Form 10-K
filed with the SEC by Fisher Companies Inc. for the year ended December 31,
1998, and the Form 10-Q filed with the SEC for the quarter ended September 30,
1999, that could cause actual results to differ materially from those projected.