-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, F3FsZ/9BVWL4BLhI1bfLP+NbUeSivDuztfblomUTAsrhLua2Wv0o7F30dssBV/lr uXJA9XxB4wXGyv9HhWzQ1g== 0000895345-04-000906.txt : 20041215 0000895345-04-000906.hdr.sgml : 20041215 20041215144654 ACCESSION NUMBER: 0000895345-04-000906 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041215 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041215 DATE AS OF CHANGE: 20041215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TELEWEST GLOBAL INC CENTRAL INDEX KEY: 0001270400 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 593778247 FISCAL YEAR END: 1204 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-50886 FILM NUMBER: 041204493 BUSINESS ADDRESS: STREET 1: C/O CT CORPORATION SYSTEM STREET 2: 1209 ORANGE STREET CITY: WILMINGTON STATE: DE ZIP: 19801 BUSINESS PHONE: 442072995000 MAIL ADDRESS: STREET 1: 160 GREAT PORTLAND STREET CITY: LONDON STATE: X0 ZIP: W1W 5QA 8-K 1 telewest8k3.txt FORM 8-K UNITED STATES 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 Date of Report (Date of earliest event reported): December 15, 2004 TELEWEST GLOBAL, INC. (Exact name of registrant as specified in its charter) Delaware File No. 000-50886 59-3778247 (State of incorporation) (Commission File Number) (IRS Employer Identification No.) 160 Great Portland Street London W1W 5QA, United Kingdom ------------------------------- (Address of principal executive offices) (zip code) Registrant's telephone number, including area code: +44-20-7299-5000 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 8.01 OTHER EVENTS On December 15, 2004 Telewest Global, Inc. issued a press release announcing that its Audit Committee is commencing an independent review of certain business practices of a subsidiary in its content division, IDS, which sells advertising time on television channels in which Telewest has an ownership interest. ITEM 9.01 EXHIBITS Exhibit 99.1 Press release issued by Telewest Global, Inc. on December 15, 2004, announcing independent review of certain business practices of its subsidiary IDS. SIGNATURES 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 thereunto duly authorized. TELEWEST GLOBAL, INC. Dated: December 15, 2004 By: /s/ Clive Burns ------------------------- Name: Clive Burns Title: Company Secretary EX-99.1 2 pressrelease.txt PRESS RELEASE Exhibit 99.1 TELEWEST ANNOUNCES REVIEW OF IDS BUSINESS PRACTICES London, 15 December 2004--Telewest Global, Inc. (Nasdaq: TLWT) today announces that its Audit Committee is commencing an independent review of certain business practices of a subsidiary in its content division, IDS, which sells advertising time on television channels in which Telewest has an ownership interest. The business practices to be reviewed, which were brought to the attention of the Audit Committee by senior management, involve the payment of commissions, believed to be no more than (pound)5 million in aggregate, to commercial counterparties over the period from 2001 to date. The Company does not believe that there will be a material impact on the Company's financial statements, results of operations or financial condition as a result of the review, or of termination of these business practices. ENQUIRIES: BRUNSWICK Nick Claydon 020 7404 5959 NOTES TO EDITORS: Telewest, the broadband communications and media group, currently passes and markets to 4.7 million homes and provides multi-channel television, telephone and internet services to 1.75 million residential customers. Telewest Business, the company's business division, supplies broadband communications to the public and private sector markets. Its content division, Flextech, is the BBC's partner in UKTV. Together they are the largest supplier of basic channels to the UK pay-TV market with a portfolio that combines wholly owned and managed channels, including the nine joint venture channels with the BBC. For further information go to http://mediacentre.telewest.co.uk - --------------------------------- -----END PRIVACY-ENHANCED MESSAGE-----