-----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, J9ank6LvQ42pPTJRpEUnq1FiGC73HIHyj8bfFm5sh9ZAI2oLrOgfp8jFDzkN0dv3 AgMpXHzjEYS51JDTOeb/fQ== 0000950144-97-006920.txt : 19970616 0000950144-97-006920.hdr.sgml : 19970616 ACCESSION NUMBER: 0000950144-97-006920 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970613 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: HOME SHOPPING NETWORK INC CENTRAL INDEX KEY: 0000791024 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] IRS NUMBER: 592649518 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-10511 FILM NUMBER: 97623705 BUSINESS ADDRESS: STREET 1: 2501 118TH AVE NORTH CITY: ST PETERSBURG STATE: FL ZIP: 33716 BUSINESS PHONE: 8135728585 424B3 1 HOME SHOPPING NETWORK, INC. 1 PROSPECTUS SUPPLEMENT Filed pursuant to Rule 424(b)(3) To Prospectus Dated November 19, 1996, Registration No. 333-10511 as supplemented $100,000,000 HOME SHOPPING NETWORK, INC. 5-7/8% Convertible Subordinated Debentures due March 1, 2006 and Shares of Common Stock, Par Value $.01 Per Share, Issuable Upon Conversion Thereof This Prospectus Supplement (the "Supplement") relates to the resale by LSM, Ltd. ("LSM"), Forest Fulcrum Fund, Ltd. ("Forest Ltd."), and Forest Fulcrum Fund, LP ("Forest LP") of up to $260,000, $940,000 and $4,766,000 aggregate principal amount, respectively, of 5-7/8% Convertible Subordinated Debentures due March 1, 2006 (the "Debentures") of Home Shopping Network, Inc., a Delaware corporation (the "Company"), originally issued in a private placement consummated during March 1996, pursuant to the Company's Registration Statement on Form S-3 (No. 333-10511) (the "Registration Statement"). This Supplement should be read in conjunction with the Prospectus dated November 19, 1996, as supplemented April 30, 1997 (the "Prospectus"), to be delivered with this Supplement. All capitalized terms used but not defined in this Supplement shall have the meanings given them in the Prospectus. Based on information provided to the Company, the aggregate principal amount of the Debentures that are currently beneficially owned by LSM, Forest Ltd. and Forest LP are $260,000, $940,000 and $4,766,000, respectively, which may be sold at this time pursuant to the Prospectus as supplemented hereby. Additional information concerning the Selling Securityholders (including LSM, Forest Ltd. and Forest LP) may be set forth from time to time in additional supplements to the Prospectus. The total outstanding aggregate principal amount of the Debentures is $100,000,000. The closing price of the Common Stock of HSN, Inc., into which the Debentures are now convertible, as reported on the Nasdaq National Market on June 10, 1997, was $32.125 per share. The Debentures will be subordinated to all existing and future Senior Debt of the Company. At March 31, 1997, Senior Debt of the Company was approximately $810,000. The Indenture contains no limitations on the incurrence of additional indebtedness or other liabilities by the Company. The Debentures are neither listed on a national securities exchange nor quoted on an automated quotation system. However, the Debentures are eligible for trading in the Private Offerings, Resales and Trading through Automated Linkages ("PORTAL") Market. Debentures sold pursuant to the Registration Statement will no longer be eligible for trading in the PORTAL Market. The date of this Prospectus Supplement is June 13, 1997. -----END PRIVACY-ENHANCED MESSAGE-----