UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
ION MEDIA NETWORKS, INC.
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(Name of Issuer)
Class A Common Stock, Par Value $0.001 Per Share
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(Title of Class of Securities)
704231109
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(CUSIP Number)
Elizabeth A. Newell, Assistant Secretary
NBC Universal, Inc.
30 Rockefeller Plaza, New York, NY 10112
(212) 664-3307
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
January 17, 2007
--------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g) check the
following box. __
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss. 240.13d-7(b) for other
parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
SCHEDULE 13D
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CUSIP No. 70423109 Page 2 of 25 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
NBC PALM BEACH INVESTMENT I, INC. 13-4078684
--------------- ----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See
Instructions)
(a) /_/
(b) /x/
--------------- ----------------------------------------------------------------
3 SEC USE ONLY
--------------- ----------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
AF
--------------- ----------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) __
--------------- ----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
California
--------------------------------- ---------- -----------------------------------
7 SOLE VOTING POWER
NUMBER OF 303,035,000*
SHARES ---------- -----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH ---------- -----------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 303,035,000*
WITH ---------- -----------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------- ---------- -----------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
303,035,000*
--------------- ----------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions) __
--------------- ----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
82.3%**
--------------- ----------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
CO
--------------- ----------------------------------------------------------------
* Represents 303,035,000 shares of Class A Common Stock issuable upon
conversion of 60,607 shares of Preferred Stock by NBC Palm Beach I.
Shares of Preferred Stock are not currently convertible and the right
to convert is subject to material conditions, including, without
limitation, those contained in the Agreements and the applicable FCC
regulations. Based on information provided to the Reporting Persons,
Citadel Limited Partnership (together with its affiliates, "CLP")
beneficially owns 262.33603 shares of 9 3/4% Series A Convertible
Preferred Stock convertible into 163,960 shares of Class A Common
Stock, which represents 1.6% of the issued and outstanding 9 3/4%
Series A Convertible Preferred Stock, and 2,724,207 shares of Class A
Common Stock, which represents 4.18% of the issued and outstanding
shares of Class A Common Stock. The Reporting Persons expressly
disclaim beneficial ownership of the shares of 9 3/4% Series A
Convertible Preferred Stock and Class A Common Stock owned by CLP.
** Based on 65,041,313 shares of Class A Common Stock outstanding as
reported by the Company in its most recent 10-Q Report filed with the
Securities and Exchange Commission on November 13, 2006, and
303,035,000 shares of Class A Common Stock issuable upon conversion of
60,607 shares of Preferred Stock by NBC Palm Beach I.
SCHEDULE 13D
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CUSIP No. 70423109 Page 4 of 25 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
NBC PALM BEACH INVESTMENT II, INC. 13-4078685
--------------- ----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See
Instructions)
(a) /_/
(b) /x/
--------------- ----------------------------------------------------------------
3 SEC USE ONLY
--------------- ----------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
AF
--------------- ----------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) __
--------------- ----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
California
--------------------------------- ---------- -----------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------- -----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH ---------- -----------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH ---------- -----------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------- ---------- -----------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
15,455,062*
--------------- ----------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions) __
--------------- ----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
23.8%**
--------------- ----------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
CO
--------------- ----------------------------------------------------------------
* Represents 15,455,062 shares of Class A Common Stock issuable upon
exercise of the Call Right by NBC Palm Beach II pursuant to the Call
Agreement. The Call Right is not currently exercisable and is subject
to material conditions, including, without limitation, those contained
in the Agreements and the applicable FCC regulations. Based on
information provided to the Reporting Persons, CLP beneficially owns
262.33603 shares of 9 3/4% Series A Convertible Preferred Stock
convertible into 163,960 shares of Class A Common Stock, which
represents 1.6% of the issued and outstanding 9 3/4% Series A
Convertible Preferred Stock, and 2,724,207 shares of Class A Common
Stock, which represents 4.18% of the issued and outstanding shares of
Class A Common Stock. The Reporting Persons expressly disclaim
beneficial ownership of the shares of 9 3/4% Series A Convertible
Preferred Stock and Class A Common Stock owned by CLP.
** Based on 65,041,313 shares of Class A Common Stock outstanding as
reported by the Company in its most recent 10-Q Report filed with the
Securities and Exchange Commission on November 13, 2006.
SCHEDULE 13D
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CUSIP No. 70423109 Page 6 of 25 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
NBC UNIVERSAL, INC. 14-1682529
--------------- ----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See
Instructions)
(a) /_/
(b) /x/
--------------- ----------------------------------------------------------------
3 SEC USE ONLY
--------------- ----------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
WC
--------------- ----------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) __
--------------- ----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------- ---------- -----------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------- -----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH ---------- -----------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 0
WITH ---------- -----------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------- ---------- -----------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
318,490,062*
--------------- ----------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions) __
--------------- ----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
86.5%**
--------------- ----------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
CO
--------------- ----------------------------------------------------------------
* Represents 303,035,000 shares of Class A Common Stock issuable upon
conversion of 60,607 shares of Preferred Stock by NBC Palm Beach I and
15,455,062 shares of Class A Common Stock issuable upon exercise of the
Call Right by NBC Palm Beach II. Shares of Preferred Stock and the Call
Right are not currently convertible or exercisable and the right to
convert or exercise is subject to material conditions, including,
without limitation, those contained in the Agreements and the
applicable FCC regulations. Based on information provided to the
Reporting Persons, CLP beneficially owns 262.33603 shares of 9 3/4%
Series A Convertible Preferred Stock convertible into 163,960 shares of
Class A Common Stock, which represents 1.6% of the issued and
outstanding 9 3/4% Series A Convertible Preferred Stock, and 2,724,207
shares of Class A Common Stock, which represents 4.18% of the issued
and outstanding shares of Class A Common Stock. The Reporting Persons
expressly disclaim beneficial ownership of the shares of 9 3/4% Series
A Convertible Preferred Stock and Class A Common Stock owned by CLP.
** Based on 65,041,313 shares of Class A Common Stock outstanding as
reported by the Company in its most recent 10-Q Report filed with the
Securities and Exchange Commission on November 13, 2006, and
303,035,000 shares of Class A Common Stock issuable upon conversion of
60,607 shares of Preferred Stock by NBC Palm Beach I.
SCHEDULE 13D
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CUSIP No. 70423109 Page 8 of 25 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
NATIONAL BROADCASTING COMPANY HOLDING, INC. 13-3448662
--------------- ----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See
Instructions)
(a) /_/
(b) /x/
-------------- -----------------------------------------------------------------
3 SEC USE ONLY
--------------- ----------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
WC
--------------- ----------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) __
--------------- ----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------- ---------- -----------------------------------
7 SOLE VOTING POWER
NUMBER OF Disclaimed (See 11 below)
SHARES ---------- -----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH ---------- -----------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON Disclaimed (See 11 below)
WITH ---------- -----------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------- ---------- -----------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Beneficial ownership of all shares of Class A Common Stock
disclaimed by National Broadcasting Company Holding, Inc.*
--------------- ----------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions) __
--------------- ----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Not Applicable (See 11 above)
--------------- ----------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
CO
--------------- ----------------------------------------------------------------
* NEITHER THE FILING OF THIS SCHEDULE 13D NOR ANY OF ITS CONTENTS SHALL BE
DEEMED TO CONSTITUTE AN ADMISSION THAT NATIONAL BROADCASTING COMPANY HOLDING,
INC. IS THE BENEFICIAL OWNER OF ANY OF THE CLASS A COMMON STOCK REFERRED TO
HEREIN FOR THE PURPOSES OF SECTION 13(D) OF THE SECURITIES EXCHANGE ACT OF
1934, AS AMENDED, OR FOR ANY OTHER PURPOSE, AND SUCH BENEFICIAL OWNERSHIP IS
EXPRESSLY DISCLAIMED.
SCHEDULE 13D
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CUSIP No. 70423109 Page 9 of 25 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GENERAL ELECTRIC COMPANY 14-0689340
--------------- ----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See
Instructions)
(a) /_/
(b) /x/
--------------- ----------------------------------------------------------------
3 SEC USE ONLY
--------------- ----------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
WC
--------------- ----------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) __
--------------- ----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
--------------------------------- ---------- -----------------------------------
7 SOLE VOTING POWER
NUMBER OF Disclaimed (See 11 below)
SHARES ---------- -----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH ---------- -----------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON Disclaimed (See 11 below)
WITH ---------- -----------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------- ---------- -----------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Beneficial ownership of all shares of Class A Common Stock
disclaimed by General Electric Company.*
--------------- ----------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions) __
--------------- ----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Not Applicable (See 11 above)
--------------- ----------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
CO
--------------- ----------------------------------------------------------------
* NEITHER THE FILING OF THIS SCHEDULE 13D NOR ANY OF ITS CONTENTS SHALL BE
DEEMED TO CONSTITUTE AN ADMISSION THAT GENERAL ELECTRIC COMPANY IS THE
BENEFICIAL OWNER OF ANY OF THE CLASS A COMMON STOCK REFERRED TO HEREIN FOR
THE PURPOSES OF SECTION 13(D) OF THE SECURITIES EXCHANGE ACT OF 1934, AS
AMENDED, OR FOR ANY OTHER PURPOSE, AND SUCH BENEFICIAL OWNERSHIP IS EXPRESSLY
DISCLAIMED.
This Amendment No. 3 to Schedule 13D ("Amendment No. 3") amends the
Schedule 13D filed on September 27, 1999 (the "Initial Schedule 13D"), as
amended by Amendment No. 1 filed on February 14, 2003 and Amendment No. 2 filed
on November 9, 2005 (together with the Initial Schedule 13D, the "Schedule
13D"), which relates to shares of Class A Common Stock ("Class A Common Stock"),
par value $0.001 per share, of ION Media Networks, Inc., f/k/a/ Paxson
Communications Corp. (the "Company"). Capitalized terms used but not defined
herein shall have the meanings attributed to them in the Schedule 13D. All items
or responses not described herein remain as previously reported in the Schedule
13D.
Item 2. Identity and Background.
Paragraph 5 of Item 2 is hereby amended and restated in its entirety to
read as follows:
"As of the date hereof, the name, business address, present principal
occupation or employment, and citizenship of each director and executive officer
of NBC Palm Beach I, NBC Palm Beach II, NBCU, NBC Holding and GE are set forth
on Schedules A, B, C, D and E attached hereto, respectively."
Item 4. Purpose of Transaction.
Item 4 is hereby amended and supplemented to read as follows:
"On January 17, 2007, NBCU and Citadel Limited Partnership (together
with its affiliates, "CLP") entered into a Letter of Intent (the "Letter of
Intent"), pursuant to which NBCU agreed to work together and negotiate
exclusively with CLP between January 17, 2007 and May 7, 2007 (the "Exclusivity
Period") with respect to a potential transaction involving the Company (the
"Proposed Transaction"). If the board of directors of the Company (the "Board")
does not approve the Proposed Transaction by March 31, 2007, NBCU will have a
right to terminate the Exclusivity Period with respect to NBCU and its
representatives. In the event NBCU exercises its termination right, the
Exclusivity Period will no longer be applicable to CLP and CLP will have a right
of first refusal, until May 7, 2007, regarding any transaction NBCU or its
affiliates intend to enter into with respect to the securities of the Company
that NBCU and its affiliates currently own. The Letter of Intent also includes
certain proposed non-binding terms (the "Term Sheet") of the Potential
Transaction. This description of the Letter of Intent is not complete and is
subject to the terms of the Letter of Intent, attached hereto as Exhibit 20.
On January 17, 2007, NBCU and CLP submitted a letter (the "Letter") to
the Board: (i) proposing the Proposed Transaction set forth in the Term Sheet
and (ii) informing the Board that NBCU will propose CIG Media LLC, a newly
formed Delaware limited liability company owned by affiliates of CLP, as the
permitted transferee pursuant to the Call Agreement. This description of the
Letter is not complete and is subject to the terms in the Letter attached hereto
as Exhibit 21."
Item 5. Interest in Securities of the Issuer.
Item 5 is amended and supplemented to read as follows:
"(a) As a result of the Letter of Intent and the Letter described in Item 4,
NBCU, the NBCU entities and CLP may be deemed to be a group for purposes of
Section 13(d) of the Securities Exchange Act of 1934, as amended; however,
neither the filing of this Schedule 13D nor any of its contents will be deemed
to constitute an admission that any of the Reporting Persons are the beneficial
owners of any shares of equity securities owned by CLP and/or its affiliates for
purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or
for any other purpose, and such beneficial ownership is expressly disclaimed.
(b) As a result of the Letter of Intent and the Letter described in Item 4,
NBCU, the NBCU entities and CLP may be deemed to be a group for purposes of
Section 13(d) of the Securities Exchange Act of 1934, as amended; however,
neither the filing of this Schedule 13D nor any of its contents will be deemed
to constitute an admission that any of the Reporting Persons have the sole or
shared power to vote or direct the vote or dispose or direct the disposition of
any shares of equity securities owned by CLP and/or its affiliates for purposes
of Section 13(d) of the Securities
Exchange Act of 1934, as amended, or for any other purpose, and such sole or
shared power to vote or direct the vote or dispose or direct the disposition of
such shares of equity securities is expressly disclaimed."
Item 7. Materials to be Filed as Exhibits.
Exhibit No. Description
Exhibit 20 Letter of Intent, dated January 17, 2007, between NBC
Universal, Inc. and Citadel Limited Partnership.
Exhibit 21 Letter, dated January 17, 2007, from NBC Universal, Inc.
and Citadel Limited Partnership to the Company.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
GENERAL ELECTRIC COMPANY
By: /s/ Richard Cotton
------------------------------------------------
Name: Richard Cotton
Title: Authorized Signatory
NATIONAL BROADCASTING COMPANY HOLDING, INC.
By: /s/ Elizabeth A. Newell
------------------------------------------------
Name: Elizabeth A. Newell
Title: Assistant Secretary
NBC UNIVERSAL, INC.
By: /s/ Elizabeth A. Newell
------------------------------------------------
Name: Elizabeth A. Newell
Title: Assistant Secretary
NBC PALM BEACH Investment I, INC.
By: /s/ Elizabeth A. Newell
------------------------------------------------
Name: Elizabeth A. Newell
Title: Assistant Secretary
NBC PALM BEACH Investment II, INC.
By: /s/ Elizabeth A. Newell
------------------------------------------------
Name: Elizabeth A. Newell
Title: Assistant Secretary
Dated: January 17, 2007
SCHEDULE A
Directors and Executive Officers of
NBC Palm Beach Investment I, Inc.
DIRECTORS
Name Present Principal Occupation Present Business Address Citizenship
Lynn Calpeter Chief Financial Officer, NBC 30 Rockefeller Plaza United States
Universal, Inc. New York, NY 10112
Richard Cotton Executive Vice President and 30 Rockefeller Plaza United States
General Counsel New York, NY 10112
EXECUTIVE OFFICERS
Name Present Principal Occupation Present Business Address Citizenship
Robert C. Wright President 30 Rockefeller Plaza United States
New York, NY 10112
John Apadula Vice President and Assistant 30 Rockefeller Plaza United States
Treasurer New York, NY 10112
J.W. Ireland III Vice President 30 Rockefeller Plaza United States
New York, NY 10112
Lynn Calpeter Vice President and Treasurer 30 Rockefeller Plaza United States
New York, NY 10112
Richard Cotton Vice President and Secretary 30 Rockefeller Plaza United States
New York, NY 10112
Todd Davis Vice President and Assistant 30 Rockefeller Plaza United States
Treasurer New York, NY 10112
Charles Fournier Assistant Secretary 30 Rockefeller Plaza United States
New York, NY 10112
Stephen H. Gordon Vice President and Assistant 30 Rockefeller Plaza United States
Treasurer New York, NY 10112
Bill LeBeau Assistant Secretary 30 Rockefeller Plaza United States
New York, NY 10112
Jennifer D. Mayhew Vice President and Assistant 30 Rockefeller Plaza United States
Treasurer New York, NY 10112
Maricela S. Mozqueda Assistant Secretary 30 Rockefeller Plaza United States
New York, NY 10112
i
Elizabeth A. Newell Assistant Secretary 30 Rockefeller Plaza United States
New York, NY 10112
Brian O'Leary Vice President and Assistant 30 Rockefeller Plaza United States
Treasurer New York, NY 10112
Marc Palotay Vice President and Assistant 30 Rockefeller Plaza United States
Treasurer New York, NY 10112
Scott Seeley Assistant Secretary 30 Rockefeller Plaza United States
New York, NY 10112
Susan Weiner Assistant Secretary 30 Rockefeller Plaza United States
New York, NY 10112
ii
SCHEDULE B
Directors and Executive Officers of
NBC Palm Beach Investment II, Inc.
DIRECTORS
Name Present Principal Occupation Present Business Address Citizenship
Lynn Calpeter Chief Financial Officer, NBC 30 Rockefeller Plaza United States
Universal, Inc. New York, NY 10112
Richard Cotton Executive Vice President and 30 Rockefeller Plaza United States
General Counsel New York, NY 10112
EXECUTIVE OFFICERS
Name Present Principal Occupation Present Business Address Citizenship
Robert C. Wright President 30 Rockefeller Plaza United States
New York, NY 10112
John Apadula Vice President and Assistant 30 Rockefeller Plaza United States
Treasurer New York, NY 10112
J.W. Ireland III Vice President 30 Rockefeller Plaza United States
New York, NY 10112
Lynn Calpeter Vice President and Treasurer 30 Rockefeller Plaza United States
New York, NY 10112
Richard Cotton Vice President and Secretary 30 Rockefeller Plaza United States
New York, NY 10112
Todd Davis Vice President and Assistant 30 Rockefeller Plaza United States
Treasurer New York, NY 10112
Charles Fournier Assistant Secretary 30 Rockefeller Plaza United States
New York, NY 10112
Stephen H. Gordon Vice President and Assistant 30 Rockefeller Plaza United States
Treasurer New York, NY 10112
Bill LeBeau Assistant Secretary 30 Rockefeller Plaza United States
New York, NY 10112
Jennifer D. Mayhew Vice President and Assistant 30 Rockefeller Plaza United States
Treasurer New York, NY 10112
Maricela S. Mozqueda Assistant Secretary 30 Rockefeller Plaza United States
New York, NY 10112
iii
Elizabeth A. Newell Assistant Secretary 30 Rockefeller Plaza United States
New York, NY 10112
Brian O'Leary Vice President and Assistant 30 Rockefeller Plaza United States
Treasurer New York, NY 10112
Marc Palotay Vice President and Assistant 30 Rockefeller Plaza United States
Treasurer New York, NY 10112
Scott Seeley Assistant Secretary 30 Rockefeller Plaza United States
New York, NY 10112
Susan Weiner Assistant Secretary 30 Rockefeller Plaza United States
New York, NY 10112
iv
SCHEDULE C
Directors and Executive Officers of
NBC Universal, Inc.
DIRECTORS
Name Present Business Address Present Principal Occupation
J. R. Immelt General Electric Company Chairman of the Board and Chief Executive
3135 Easton Turnpike Officer, General Electric Company
Fairfield, CT 06828
R. C. Wright NBC Universal, Inc. Vice Chairman of the Board and Executive Officer,
30 Rockefeller Plaza General Electric Company; Chairman, President and Chief
New York, NY 10112 Executive Officer, NBC Universal, Inc.
L. Calpeter NBC Universal, Inc. Executive Vice President and Chief Financial
30 Rockefeller Plaza Officer, NBC Universal, Inc.
New York, NY 10112
E. Comstock NBC Universal, Inc. President, NBCU Digital Media & Market
30 Rockefeller Plaza Development, NBC Universal, Inc.
New York, NY 10112
R. De Metz(*) Vivendi Universal S.A. Executive Vice President, Mergers and
42 Avenue de Friedland Acquisitions, Vivendi Universal S.A.
75380 Paris Cedex, 08
France
D. Ebersol NBC Universal, Inc. Chairman, NBCU Sports & Olympics, NBC Universal,
30 Rockefeller Plaza Inc.
New York, NY 10112
Jean-Rene Fourtou(*) Vivendi Universal S.A. Chairman, Chief Executive Officer, and Director,
42 Avenue de Friedland Vivendi Universal S.A.
75380 Paris Cedex, 08
France
J. W. Ireland III NBC Universal, Inc. President, NBC and Telemundo TV Stations, NBC
30 Rockefeller Plaza Universal, Inc.
New York, NY 10112
Jean-Bernard Levy(*) Vivendi Universal S.A. Chief Operating Officer, Vivendi Universal S.A.
42 Avenue de Friedland
75380 Paris Cedex, 08
France
R. Meyer Universal Studios, Inc. President, Chief Operating Officer, and Director,
100 Universal City Plaza Universal Studios, Inc. and Vivendi Universal
Universal City, CA 91608 Entertainment LLLP
v
K. S. Sherin General Electric Company Senior Vice President and Chief Financial
3135 Easton Turnpike Officer, General Electric Company
Fairfield, CT 06828
M. Shmuger Universal Pictures Division Chairman, Universal Pictures Group
100 Universal City Plaza
Universal City, CA 91608
T. L. Williams Universal Studios Florida Chairman and Chief Executive Officer, Universal
1000 Universal Studios Plaza Parks & Resorts Group
Orlando, FL 32819
J. Zucker NBC Universal, Inc. Chief Executive Officer - NBCU TV Group, NBC Universal,
30 Rockefeller Plaza Inc.
New York, NY 10112
Citizenship:
------------
All: United States, except as noted (*). Asterisk denotes three individuals as French citizens.
EXECUTIVE OFFICERS
Name Present Business Address Present Principal Occupation
R. C. Wright NBC Universal, Inc. Vice Chairman of the Board and Executive Officer,
30 Rockefeller Plaza General Electric Company; Chairman, President and
New York, NY 10112 Chief Executive Officer, NBC Universal, Inc.
L. Calpeter NBC Universal, Inc. Executive Vice President,
30 Rockefeller Plaza Chief Financial Officer, and
New York, NY 10112 Treasurer
B. Campbell NBC Universal, Inc. Executive Vice President,
30 Rockefeller Plaza
New York, NY 10112
E. Comstock NBC Universal, Inc. President
30 Rockefeller Plaza
New York, NY 10112
R. Cotton NBC Universal, Inc. Executive Vice President and General Counsel
30 Rockefeller Plaza
New York, NY 10112
D. Ebersol NBC Universal, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
J. W. Eck NBC Universal, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
vi
J. W. Ireland III NBC Universal, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
D. Linde NBC Universal, Inc. Executive Vice President
NBC Universal Studios
100 Universal City Plaza
Universal City, CA 91608
R. Meyer NBC Universal, Inc. Executive Vice President
NBC Universal Studios
100 Universal City Plaza
Universal City, CA 91608
M. Saperstein NBC Universal, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
C. Shields NBC Universal, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
M. Shmuger NBC Universal, Inc. Executive Vice President
NBC Universal Studios
100 Universal City Plaza
Universal City, CA 91608
P. Smith NBC Universal, Inc. Executive Vice President
NBC Universal Studios
80 - 110 New Oxford Street
London, WC/A 1HB
England
T. Williams NBC Universal, Inc. Executive Vice President
Universal Studios
1000 Universal Studios Plaza
Orlando, FL 32819
J. Zucker NBC Universal, Inc. Executive Vice President
30 Rockefeller Plaza
New York, NY 10112
Citizenship:
------------
P. Smith UK
All Others U.S.
vii
SCHEDULE D
Directors and Executive Officers of
National Broadcasting Company Holdings, Inc.
DIRECTORS
Name Present Business Address President Principal Occupation
J.I. Cash, Jr. General Electric Company Former Professor of Business
3135 Easton Turnpike Administration-Graduate
Fairfield, CT 06828 School of Business
Administration, Harvard University
Sir William Castell 215 Evston Road Chairman, The Welcome Trust
London NWI 2BE
England (U.K.)
A.M. Fudge Young & Rubicam Brands Former Chairman and Chief Executive
285 Madison Avenue Officer,
New York, NY 10017 Young & Rubicam Brands
C.X. Gonzalez Kimberly-Clark de Mexico, S.A. de C.V. Chairman of the Board and Chief Executive
Jose Luis Lagrange 103, Officer, Kimberly-Clark de Mexico, S.A. de C.V.
Tercero Piso Colonia Los Morales
Mexico, D.F. 11510, Mexico
S. Hockfield Massachusetts Institute of Technology President, Massachusetts Institute of
77 Massachusetts Avenue Technology
Building 3-208
Cambridge, MA 02139
Jeffrey R. Immelt General Electric Company Chairman of the Board and Chief
3135 Easton Turnpike Executive Officer, General Electric
Fairfield, CT 06828 Company
A. Jung Avon Products Chairman and Chief Executive
1345 Avenue of the Americas Officer, Avon Products, Inc.
New York, NY 10105
A.G. Lafley The Proctor & Gamble Company Chairman of the Board, President
1 Proctor & Gamble Plaza and Chief Executive Officer, The
Cincinnati, OH 45202-3315 Proctor & Gamble Company
R.W. Lane Deere & Company Chairman and Chief Executive Officer,
One John Deere Place Deere & Company
Moline, Illinois 61265
R.S. Larsen Johnson & Johnson Former Chairman and Chief Executive
100 Albany Street Officer, Johnson & Johnson
Suite 200
New Brunswick, NJ 08901
R.B. Lazarus Ogilvy & Mather Worldwide Chairman and Chief
309 West 49th Street Executive Officer, Ogilvy & Mather
New York, NY 10019-7316 Worldwide
S. Nunn Sam Nunn School of Retired Partner, King & Spalding
International Affairs
Georgia Institute of Technology
781 Marietta Street, NW
Atlanta, Georgia 30318
R.S. Penske Penske Corporation Chairman of the Board
2555 Telegraph Road and President,
Bloomfield Hills, MI Penske Corporation
48302-0954
R.J. Swieringa S.C. Johnson Graduate School Anne and Elmer Lindseth Dean and
Cornell University Professor of Accounting, S.C.
207 Sage Hall Johnson Graduate School
Ithaca, NY 14853-6201 Cornell University
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D.A. Warner III J.P. Morgan Chase & Co., Retired Chairman of the
The Chase Manhattan Bank and Board, J.P. Morgan Chase & Co.,
Morgan Guaranty Trust Co. of New York The Chase Manhattan Bank and
345 Park Avenue Morgan Guaranty Trust Co. of New
New York, NY 10154 York
Robert C. Wright NBC Universal, Inc. Vice Chairman of the Board and Executive Officer,
30 Rockefeller Plaza General Electric Company;
New York, NY 10112 Chairman & Chief Executive
Officer, NBC Universal, Inc.
Citizenship:
------------
W. Castell U.K.
A. Jung Canada
C.X. Gonzalez Mexico
All Others U.S.A.
EXECUTIVE OFFICERS
Name Present Business Address Present Principal Occupation
Robert C. Wright NBC Universal, Inc. Chairman, Chief
30 Rockefeller Plaza Executive Officer
New York, NY 10112
Todd Davis NBC Universal, Inc. Assistant Treasurer
30 Rockefeller Plaza
New York, NY 10112
Brian O'Leary NBC Universal, Inc. Assistant Treasurer
30 Rockefeller Plaza
New York, NY 10112
Eliza Fraser General Electric Company Assistant Secretary
3135 Easton Turnpike
Fairfield, CT 06828
Elizabeth Newell NBC Universal, Inc. Assistant Secretary
30 Rockefeller Plaza
New York, NY 10112
Citizenship:
------------
All: U.S.
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SCHEDULE E
Directors and Executive Officers of
General Electric Company
DIRECTORS
Name Present Principal Occupation Present Business Address Citizenship
J.I. Cash, Jr Former Professor of Business General Electric Company US
Administration-Graduate 3135 Easton Turnpike
School of Business Fairfield, CT 06828
Administration, Harvard University
Sir William Castell Chairman, The Welcome Trust 215 Evston Road United Kingdom
London NWI 2BE
England (U.K.)
A.M. Fudge Chairman and Chief Executive Officer, Young & Rubicam Brands US
Young & Rubicam Brands 285 Madison Avenue
New York, NY 10017
C.X. Gonzalez Chairman of the Board and Chief Executive Kimberly-Clark de Mexico, S.A. de C.V. Mexico
Officer, Kimberly-Clark de Mexico, S.A. Jose Luis Lagrange 103,
de C.V. Tercero Piso Colonia Los Morales
Mexico, D.F. 11510, Mexico
S. Hockfield President, Massachusetts Institute of Massachusetts Institute of Technology US
Technology 77 Massachusetts Avenue
Building 3-208
Cambridge, MA 02139
J.R. Immelt Chairman of the Board and Chief Executive General Electric Company US
Officer, General Electric Company 3135 Easton Turnpike
Fairfield, CT 06828
A. Jung Chairman and Chief Executive Officer, Avon Products, Inc. Canada
Avon Products, Inc. 1345 Avenue of the Americas
New York, NY 10105
A.G. Lafley Chairman of the Board, President and The Procter & Gamble Company US
Chief Executive, The Procter & Gamble 1 Procter & Gamble Plaza
Company Cincinnati, Oh 45202-3315
R.W. Lane Chairman and Chief Executive Officer, Deere & Company US
Deere & Company One John Deere Place
Moline, Illinois 61265
R.S. Larsen Former Chairman and Chief Executive Johnson & Johnson US
Officer 100 Albany Street
Suite 200
New Brunswick, NJ 08901
x
R.B. Lazarus Chairman and Chief Executive Officer Ogilvy & Mather Worldwide US
309 West 49th Street
New York, NY 10019-7316
S. Nunn Retired Partner, King & Spalding Sam Nunn School of US
International Affairs
Georgia Institute of Technology
781 Marietta Street, NW
Atlanta, Georgia 30318
R.S. Penske Chairman of the Board and President, Penske Corporation US
Penske Corporation 2555 Telegraph Road
Bloomfield Hills, MI 48302-0954
R.J. Swieringa Anne and Elmer Lindseth Dean and S.C. Johnson Graduate School US
Professor of Accounting Cornell University
207 Sage Hall
Ithaca, NY 14853-6201
D.A. Warner III Former Chairman of the Board J. P. Morgan Chase & Co., US
The Chase Manhattan Bank and
Morgan Guaranty Trust Co. of New York
270 Park Avenue
New York, NY 10154
R.C. Wright Vice Chairman of the Board and Executive NBC Universal, Inc, US
Officer, General Electric Company; 30 Rockefeller Plaza
Chairman, President and CEO, NBC New York, NY 10112
Universal, Inc.
EXECUTIVE OFFICERS
Name Present Principal Occupation Present Business Address Citizenship
J.R. Immelt Chairman of the Board and Chief Executive General Electric Company US
Officer, General Electric Company 3135 Easton Turnpike
Fairfield, CT 06828
P.D. Ameen Vice President and Comptroller General Electric Company US
3135 Easton Turnpike
Fairfield, CT 06828
K.A. Cassidy Vice President and GE Treasurer General Electric Company US
201 High Ridge Road
Stamford, CT 06905-3417
W.J. Conaty Senior Vice President - Human Resources General Electric Company US
3135 Easton Turnpike
Fairfield, CT 06828
P. Daley Vice President - Corporate Business General Electric Company US
Development 3135 Easton Turnpike
Fairfield, CT 06828
B.B. Denniston III Senior Vice President and General Counsel General Electric Company US
3135 Easton Turnpike
Fairfield, CT 06828
J.M. Hogan Senior Vice President - GE Healthcare General Electric Company US
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Pollards Wood, Nightingales Lane
Chalfont St. Giles
HP8 4SP Great Britain
M.A. Neal Vice Chairman of General Electric General Electric Company US
Company; President & CEO, GE Capital 260 Long Ridge Road
Services Stamford, CT 06927
D.R. Nissen Senior Vice President - GE Consumer General Electric Company US
Finance 201 High Ridge Road
Stamford, CT 06905-3417
J.G. Rice Vice Chairman of General Electric General Electric Company US
Company; President & CEO, GE 4200 Wildwood Parkway
Infrastructure Atlanta, GA 30339
K.S. Sherin Senior Vice President - Finance and Chief General Electric Company US
Financial Officer 3135 Easton Turnpike
Fairfield, CT 06828
L.G. Trotter Vice Chairman of General Electric General Electric Company US
Company; President & CEO, GE Industrial 3135 Easton Turnpike
Fairfield, CT 06828
R.C. Wright Vice Chairman of the Board and Executive NBC Universal, Inc US
Officer, General Electric Company; 30 Rockefeller Plaza
Chairman and CEO, New York, NY 10112
NBC Universal, Inc.
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EXHIBIT INDEX
Exhibit No. Description
Exhibit 20 Letter of Intent, dated January 17, 2007, between NBC
Universal, Inc. and Citadel Limited Partnership.
Exhibit 21 Letter, dated January 17, 2007, from NBC Universal, Inc.
and Citadel Limited Partnership to the Company.
xiii