-----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, GIL4GCg1VZ+uvHMdpKqCwz3rraOKJPkhkQgTBVrOhFnziNOvW+sEmmZ0THeJyWOs Kdeb2e4SxUaLOswdVO2k7g== 0000930413-06-008608.txt : 20061214 0000930413-06-008608.hdr.sgml : 20061214 20061214164519 ACCESSION NUMBER: 0000930413-06-008608 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20061212 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061214 DATE AS OF CHANGE: 20061214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRANS WORLD ENTERTAINMENT CORP CENTRAL INDEX KEY: 0000795212 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL- COMPUTER & PRERECORDED TAPE STORES [5735] IRS NUMBER: 141541629 STATE OF INCORPORATION: NY FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-14818 FILM NUMBER: 061277621 BUSINESS ADDRESS: STREET 1: 38 CORPORATE CIRCLE CITY: ALBANY STATE: NY ZIP: 12203 BUSINESS PHONE: 5184521242 MAIL ADDRESS: STREET 1: 38 CORPORATE CIRCLE CITY: ALBANY STATE: NY ZIP: 12203 FORMER COMPANY: FORMER CONFORMED NAME: TRANS WORLD MUSIC CORP DATE OF NAME CHANGE: 19920703 8-K 1 c45774_8k.htm

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 12, 2006

 

TRANS WORLD ENTERTAINMENT CORPORATION

(Exact name of registrant as specified in its charter)

New York  0-14818  14-1541629 

(State or other jurisdiction  (Commission  (I.R.S. Employer 
of incorporation)  File Number)  Identification No.) 

38 Corporate Circle, Albany, New York  12203 

(Address of principal executive offices)  (Zip Code) 

Registrant's telephone number, including area code: (518) 452-1242

None

(Former name or former address, if changed since last report.)

ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS, APPOINTMENT OF PRINCIPAL OFFICERS.

On December 12, 2006 Trans World Entertainment Corporation (the “Company”) announced that Brett Brewer had been appointed to the Company’s Board of Directors. Mr. Brewer is currently President and a member of the Board of Directors of Adknowledge, a leading online advertising technology firm. He previously served as President and co-founder of Intermix Media, the publicly-traded parent of Myspace.com. The appointment of Mr. Brewer increases the number of members of Trans World’s Board of Directors to nine.

The Company’s press release dated December 12, 2006 is furnished with this Report as Exhibit 99.1, and is incorporated herein by reference.

ITEM 9.01 – FINANCIAL STATEMENTS AND EXHIBITS

        (c) EXHIBITS. The following are furnished as Exhibits to this Report:

Exhibit     
No.      Description    

   
   
99.1    Trans World Entertainment Company Press Release dated December 12, 2006.  


                     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.

 

  TRANS WORLD ENTERTAINMENT CORPORATION  
     
  /s/ John J. Sullivan  
Date: December 14, 2006
 
  John J. Sullivan  
  Executive Vice President-Finance, Chief  
  Financial Officer and Secretary  


EX-99.1 2 c45774_ex99-1.htm
Contact:  Contact: 
Trans World Entertainment  The MWW Group 
John J. Sullivan  Rich Tauberman 
EVP, Chief Financial Officer  (rtauberman@mww.com) 
  (518) 452-1242  (201) 507-9500 

TRANS WORLD ANNOUNCES APPOINTMENT OF BRETT BREWER
TO COMPANY’S BOARD OF DIRECTORS

     Albany, NY, December 12, 2006 -- Trans World Entertainment Corporation (Nasdaq: TWMC) announced today that Brett Brewer has been appointed to the Company’s Board of Directors. Mr. Brewer is currently President and a member of the Board of Directors of Adknowledge, a leading online advertising technology firm. He previously served as President and co-founder of Intermix Media, the publicly-traded parent of Myspace.com. The appointment of Mr. Brewer increases the number of members of Trans World’s Board of Directors to nine.

     "Brett is a true internet visionary and expert in online marketing, bringing Trans World a unique perspective as the Company expands its focus on digital entertainment and aggressively develops new avenues to provide consumers with all things entertainment," commented Robert J. Higgins, Chairman and Chief Executive Officer of Trans World Entertainment. “His experience and knowledge make him an important addition to our team. I am pleased to have Brett on our Board and look forward to working with him.”

     Mr. Brewer is a leading Internet pioneer with an influential voice in the dynamic, growing online advertising industry. He has built several Internet businesses since graduating from UCLA in 1996, the largest of which was Intermix Media which he sold to NewsCorp for $673 million in October 2005. In his latest venture at Adknowledge.com, Mr. Brewer is leading the growth of the behavioral based advertising company which was recognized as a Red Herring Top 200 Company for 2006. He is an angel investor in several technology start-ups and active in a number of community and charitable organizations including Big Brothers of Los Angeles and Bizworld.org, a children’s education organization.

     Trans World Entertainment is a leading specialty retailer of music, video and video game products. The Company operates over 1,100 retail stores in the United States, the District of Columbia, the U.S. Virgin Islands, and Puerto Rico under various brands. The Company is in the process of consolidating the majority of its stores (Coconuts Music and Movies, Strawberries Music, Wherehouse, Sam Goody and Spec's) under the name f.y.e. for your entertainment. The Company also operates over 185 video only stores primarily under the Suncoast brand and on the web at www.fye.com, www.coconuts.com, www.wherehouse.com, www.secondspin.com, www.samgoody.com and www.suncoast.com.

Certain statements in this release set forth management's intentions, plans, beliefs, expectations or predictions of the future based on current facts and analyses. Actual results may differ materially from those indicated in such statements. Additional information on factors that may affect the business and financial results of the Company can be found in filings of the Company with the Securities and Exchange Commission


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