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Table of Contents

As filed with the Securities and Exchange Commission on September 17, 2008
File No. 001-34176
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
AMENDMENT NO. 8
TO
FORM 10
GENERAL FORM FOR REGISTRATION OF SECURITIES
Pursuant to Section 12(b) or 12(g) of
The Securities Exchange Act of 1934
Ascent Media Corporation
(exact name of registrant as specified in its charter)
     
Delaware   26-2735737
(State of incorporation
or organization)
  (I.R.S. Employer
Identification No.)
     
12300 Liberty Blvd.
Englewood, CO

(Address of principal
executive offices)
  80112
(Zip Code)
Registrant’s telephone number, including area code: (720) 875-5622
Securities to be registered pursuant to Section 12(b) of the Act:
     
Title of each class   Name of each exchange on which
to be so registered   each class is to be so registered
Series A Common Stock, $0.01 par value   The Nasdaq Stock Market LLC
Series A Preferred Share Purchase Rights   The Nasdaq Stock Market LLC
Securities to be registered pursuant to Section 12(g) of the Act:
Series B Common Stock, $0.01 par value
(Title of class)
Series B Preferred Share Purchase Rights
(Title of class)
     Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer oAccelerated filer o Non-accelerated filer þ
(Do not check if a smaller reporting company)
Smaller reporting company o
 
 


TABLE OF CONTENTS

SIGNATURES
EXHIBIT INDEX
Services Agreement
Tax Sharing Agreement
Ascent Media Corporation 2008 Non-Employee Director Incentive Plan
Information Statement


Table of Contents

Ascent Media Corporation
     Our Information Statement is filed as Exhibit 99.1 to this Form 10. For your convenience, we have provided below a cross-reference sheet identifying where the items required by Form 10 can be found in the Information Statement.
         
Item        
No.   Item Caption   Location in Information Statement
 
       
1.
  Business.   Summary; Risk Factors; Cautionary Statement Concerning Forward Looking Statements; The Spin-Off; Selected Financial Data; Management’s Discussion and Analysis of Financial Condition and Results of Operations; Description of Our Business; and Certain Inter-Company Agreements
 
       
1A.
  Risk Factors.   Risk Factors
 
       
2.
  Financial Information.   Summary; Risk Factors; Capitalization; Selected Financial Data; and Management’s Discussion and Analysis of Financial Condition and Results of Operations
 
       
3.
  Properties.   Description of our Business—Properties
 
       
4.
  Security Ownership of Certain Beneficial Owners and Management.   Management—Security Ownership of Management; and Security Ownership of Certain Beneficial Owners
 
       
5.
  Directors and Executive Officers.   Management
 
       
6.
  Executive Compensation.   Management; and Executive Compensation
 
       
7.
  Certain Relationships and Related Transactions.   Summary; Risk Factors; Management; Certain Relationships and Related Party Transactions; and Certain Inter-Company Agreements
 
       
8.
  Legal Proceedings.   Description of our Business—Legal Proceedings
 
       
9.
  Market Price of and Dividends on the Registrant’s Common Equity and Related Stockholder Matters.   Summary; The Spin-Off; Risk Factors; and Description of our Capital Stock
 
       
10.
  Recent Sales of Unregistered Securities.   Not Applicable
 
       
11.
  Description of Registrant’s Securities to be Registered.   Description of our Capital Stock
 
       
12.
  Indemnification of Directors and Officers.   Indemnification of Directors and Officers
 
       
13.
  Financial Statements and Supplementary Data.   Summary; Selected Financial Data; and Management’s Discussion and Analysis of Financial Condition and Results of Operations

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Table of Contents

         
Item        
No.   Item Caption   Location in Information Statement
 
       
14.
  Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.   Not Applicable
 
       
15.
  Financial Statements and Exhibits.    
(a)   Financial Statements: The following financial statements are included in the Information Statement and filed as part of this Registration Statement:
 
    Ascent Media Corporation
 
    Unaudited Condensed Pro Forma Combined Financial Statements
 
    Unaudited Condensed Pro Forma Combined Balance Sheet as of June 30, 2008
 
    Unaudited Condensed Pro Forma Combined Balance Sheet as of December 31, 2007
 
    Unaudited Condensed Pro Forma Combined Statement of Operations for the six months ended June 30, 2008
 
    Unaudited Condensed Pro Forma Combined Statement of Operations for the six months ended June 30, 2007
 
    Unaudited Condensed Pro Forma Combined Statement of Operations for the year ended December 31, 2007
 
    Unaudited Condensed Pro Forma Combined Statement of Operations for the year ended December 31, 2006
 
    Ascent Media Group
 
    Unaudited Condensed Combined Balance Sheets as of June 30, 2008 and December 31, 2007
 
    Unaudited Condensed Combined Statements of Operations and Comprehensive Loss for the six months ended June 30, 2008 and 2007
 
    Unaudited Condensed Combined Statements of Cash Flows for the six months ended June 30, 2008 and 2007
 
    Unaudited Condensed Combined Statement of Parent’s Investment for the six months ended June 30, 2008
 
    Notes to Condensed Combined Financial Statements (unaudited)
 
    Report of Independent Registered Public Accounting Firm
 
    Combined Balance Sheets as of December 31, 2007 and 2006
 
    Combined Statements of Operations and Comprehensive Loss for the years ended December 31, 2007, 2006 and 2005
 
    Combined Statements of Cash Flows for the years ended December 31, 2007, 2006 and 2005
 
    Combined Statements of Parent’s Investment for the years ended December 31, 2007, 2006 and 2005
 
    Notes to Combined Financial Statements
 
(b)   Exhibits. The following documents are filed as exhibits hereto:
     
Exhibit Number   Exhibit Description
 
   
2.1
  Reorganization Agreement, dated as of June 4, 2008, among Discovery Holding Company, Discovery Communications, Inc., the Registrant, Ascent Media Group, LLC, and Ascent Media Creative Sound Services, Inc.*
 
   
2.2
  Purchase Agreement, dated as of August 8, 2008, by and among the Registrant, Ascent Media CANS, LLC and AccentHealth Holdings, LLC*
 
   
3.1
  Form of Amended and Restated Certificate of Incorporation of the Registrant to be in effect at the time of the spin-off*
 
   
3.2
  Form of Bylaws of the Registrant to be in effect at the time of the spin-off*
 
   
4.1
  Specimen Certificate for shares of Series A common stock, par value $.01 per share, of the Registrant*
 
   
4.2
  Specimen Certificate for shares of Series B common stock, par value $.01 per share, of the Registrant*
 
   
4.3
  Form of Rights Agreement between the Registrant and Computershare Trust Company, N.A.*

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Table of Contents

     
Exhibit Number   Exhibit Description
 
   
   
10.1
  Services Agreement, dated September 16, 2008, between Ascent Media Group, LLC and CSS Studios, LLC
   
 
   
   
10.2
  Tax Sharing Agreement, dated as of September 17, 2008, by and among Discovery Holding Company, Discovery Communications, Inc., Ascent Media Corporation, Ascent Media Group, LLC and CSS Studios, LLC
   
   
10.3
  Ascent Media Group, LLC 2006 Long-Term Incentive Plan (As Amended and Restated Effective September 9, 2008)*
   
10.4
  Ascent Media Group, LLC 2007 Management Incentive Plan*
 
   
10.5
  Form of Ascent Media Corporation 2008 Incentive Plan*
 
   
10.6
  Services Agreement, dated as of July 21, 2005, by and between Discovery Holding Company and Liberty Media Corporation (incorporated by reference to Exhibit 10 to the Quarterly Report on Form 10-Q of Discovery Holding Company filed on August 10, 2005).
 
   
10.7
  Form of Indemnification Agreement between the Registrant and its Directors and Executive Officers*
 
   
10.8
  Employment Agreement, dated as of September 1, 2006, by and between Ascent Media Group, LLC and William E. Niles*
 
   
10.9
  Employment Agreement, dated as of September 1, 2006, by and between Ascent Media Group, LLC and George C. Platisa*
 
   
10.10
  Employment Agreement, dated as of September 1, 2006, by and between Ascent Media Group, LLC and Jose A. Royo*
 
   
10.11
  Amendment, dated as of July 17, 2007, to Employment Agreement, dated as of September 1, 2006, by and between Ascent Media Group, LLC and Jose A. Royo*
 
   
10.12
  Employment Agreement, dated as of February 11, 2008, by and between Ascent Media Group, LLC and Jose A. Royo*
 
   
10.13
  Ascent Media Corporation 2008 Non-Employee Director Incentive Plan
 
   
21
  List of Subsidiaries*
 
   
   
99.1
  Information Statement, dated September 17, 2008
   
 
*   Previously filed.

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Table of Contents

SIGNATURES
     Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: September 17, 2008
         
  ASCENT MEDIA CORPORATION
 
 
  By:   /s/ William E. Niles  
    Name:   William E. Niles  
    Title:   Executive Vice President, General Counsel and Secretary  

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Table of Contents

         
EXHIBIT INDEX
     
Exhibit Number   Exhibit Description
 
   
2.1
  Reorganization Agreement, dated as of June 4, 2008, among Discovery Holding Company, Discovery Communications, Inc., the Registrant, Ascent Media Group, LLC, and Ascent Media Creative Sound Services, Inc.*
 
   
2.2
  Purchase Agreement, dated as of August 8, 2008, by and among the Registrant, Ascent Media CANS, LLC and AccentHealth Holdings, LLC*
 
   
3.1
  Form of Amended and Restated Certificate of Incorporation of the Registrant to be in effect at the time of the spin-off*
 
   
3.2
  Form of Bylaws of the Registrant to be in effect at the time of the spin-off*
 
   
4.1
  Specimen Certificate for shares of Series A common stock, par value $.01 per share, of the Registrant*
 
   
4.2
  Specimen Certificate for shares of Series B common stock, par value $.01 per share, of the Registrant*
 
   
4.3
  Form of Rights Agreement between the Registrant and Computershare Trust Company, N.A.*
 
   
10.1
  Services Agreement, dated September 16, 2008, between Ascent Media Group, LLC and CSS Studios, LLC
 
   
10.2
  Tax Sharing Agreement dated as of September 17, 2008, by and among Discovery Holding Company, Discovery Communications, Inc., Ascent Media Corporation, Ascent Media Group, LLC and CSS Studios, LLC
 
   
10.3
  Ascent Media Group, LLC 2006 Long-Term Incentive Plan (As Amended and Restated Effective September 9, 2008)*
 
   
10.4
  Ascent Media Group, LLC 2007 Management Incentive Plan*
 
   
10.5
  Form of Ascent Media Corporation 2008 Incentive Plan*
 
   
10.6
  Services Agreement, dated as of July 21, 2005, by and between Discovery Holding Company and Liberty Media Corporation (incorporated by reference to Exhibit 10 to the Quarterly Report on Form 10-Q of Discovery Holding Company filed on August 10, 2005).
 
   
10.7
  Form of Indemnification Agreement between the Registrant and its Directors and Executive Officers*
 
   
10.8
  Employment Agreement, dated as of September 1, 2006, by and between Ascent Media Group, LLC and William E. Niles*
 
   
10.9
  Employment Agreement, dated as of September 1, 2006, by and between Ascent Media Group, LLC and George C. Platisa*
 
   
10.10
  Employment Agreement, dated as of September 1, 2006, by and between Ascent Media Group, LLC and Jose A. Royo*
 
   
10.11
  Amendment, dated as of July 17, 2007, to Employment Agreement, dated as of September 1, 2006, by and between Ascent Media Group, LLC and Jose A. Royo*
 
   
10.12
  Employment Agreement, dated as of February 11, 2008, by and between Ascent Media Group, LLC and Jose A. Royo*
 
   
10.13
  Ascent Media Corporation 2008 Non-Employee Director Incentive Plan
 
   
21
  List of Subsidiaries*
 
   
99.1
  Information Statement, dated September 17, 2008
 
*   Previously filed.

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