8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

FORM 8-K

CURRENT REPORTPURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934

November 12, 2008

Date of Report (Date of earliest event reported)

BALLANTYNE OF OMAHA, INC.

(Exact name of registrant as specified in its charter)

Delaware	1-13906	47-0587703
(State or other jurisdiction of	(Commission	(IRS Employer
incorporation or organization)	File No.)	Identification Number)
4350 McKinley Street
Omaha, Nebraska		68112
(Address of principal executive offices)		(Zip Code)

(402) 453-4444

(Registrant’s telephone number including area code)

Not Applicable

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

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 (see General Instruction A.2. below) :

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01  Other Events.

On November 12, 2008, the Company announced that it has been authorized by its Board of Directors to institute a share repurchase program pursuant to which the Company may repurchase up to $1 million of the Company’s outstanding shares of common stock. Pursuant to the Board’s authorization, management may purchase shares from time to time in compliance with applicable securities laws and other legal requirements. Share purchases are also subject to market conditions, share price and other factors. Ballantyne is not obligated to repurchase any particular amount of shares and the authorization may be suspended or discontinued at any time without prior notice. A copy of the Company’s November 12, 2008 press release announcing the authorization of the share repurchase program is furnished as Exhibit 99.1.

Item 9.01Financial Statements and Exhibits

(d) Exhibits.

99.1 Press Release announcing $1 million Share Repurchase Program

The information contained in this Current Report under Item 8.01, including the exhibit referenced in Item 9.01, is being “furnished” pursuant to “Item 8.01 “Other Events” of Form 8-K and, as such, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in Item 8.01 of this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	BALLANTYNE OF OMAHA, INC.
Date: November 13, 2008		By:	/s/ Kevin Herrmann
		Kevin Herrmann
		Secretary/Treasurer and
		Chief Financial Officer

2

EX-99.1

Exhibit 99.1

NEWS ANNOUNCEMENT	FOR IMMEDIATE RELEASE

Ballantyne Authorizes $1 Million Share Repurchase Program

OMAHA, Nebraska (November 12, 2008) Ballantyne of Omaha, Inc. (Amex: BTN), a provider of digital and traditional cinema equipment and services, announced today that its Board of Directors has authorized the repurchase of up to $1 million of the Company’s common stock over the next 12 months.  The purchases will be made using the Company’s available cash.

John P. Wilmers, President and CEO, commented, “Current market conditions have created an environment for opportunistic share repurchases aimed at enhancing long term shareholder value.”

Pursuant to the Board’s authorization and subject to market conditions, the Company’s share price and other factors, Ballantyne may purchase shares from time to time in compliance with applicable securities laws and other legal requirements.  Ballantyne is not obligated to repurchase any particular amount of shares and the authorization may be suspended or discontinued at any time without prior notice.  Ballantyne has approximately 14,071,000 shares outstanding.

About Ballantyne of Omaha

Ballantyne is a provider of motion picture projection, digital cinema projection, cinema screen technology and specialty lighting equipment and services.  The Company supplies major theater chains, top arenas, television and motion picture production studios, theme parks and architectural sites around the world.  For more information visit www.ballantyne-omaha.com.

Except for the historical information in this press release, it includes forward-looking statements that involve risks and uncertainties, including but not limited to, quarterly fluctuations in results; customer demand for the Company’s products; the development of new technology for alternate means of motion picture presentation; domestic and international economic conditions; the management of growth; and other risks detailed from time to time in the Company’s Securities and Exchange Commission filings.  Actual results may differ materially from management’s expectations

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CONTACT:
Kevin Herrmann	David Collins, Ratula Roy
Chief Financial Officer	Jaffoni & Collins Incorporated
402/453-4444	212/835-8500; btn@jcir.com