UNITED STATES 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): January 10, 2001 USA NETWORKS, INC. (Exact Name of Registration business as Specified in Its Charter) Delaware 0-20570 59-2712887 (State or other Jurisdiction (Commission File (I.R.S. Employer of incorporation) Number) Identification Number) 152 West 57th Street, New York, New York 10019 (Address, including zip code, of Principal Executive Offices) (212) 314-7300 (Registrant's telephone number including area code)
Item 7(c). Exhibits. 99.1 Investor Presentation Materials, dated January 10, 2001, for use at the Salomon Smith Barney Media, Entertainment & Telecommunications Conference. Item 9. Regulation FD Disclosure On January 10, 2001, the Registrant presented at the Salomon Smith Barney Media, Entertainment & Telecommunications Conference. A copy of the Registrant's investor presentation materials for such conference, appearing in Exhibit 99.1 hereto, is furnished and not filed pursuant to Regulation FD. SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunder duly authorized. Date: January 10, 2001 USA NETWORKS, INC. By: /s/ Julius Genachowski ------------------------------------------ Name: Julius Genachowski Title: Senior Vice President and General Counsel
EXHIBIT 99.1 Slide 1: (logo) USA Networks Inc Jon Miller President & CEO USA Information & Services Slide 2: Disclaimer This presentation contains forward looking statements relating to possible or assumed future results of USAi. It reflects the current views of USAi with respect to future events, and are subject to risks that could cause future results to materially differ. These risks are described in USAi's Securities and Exchange Commission filings. The forward-looking statements in this presentation are made as of the date of this presentation, and USAi undertakes no obligation to update or revise them for any reason. These statements do not include the potential impact of any mergers, acquisitions or other business combinations that may be completed in the future. This presentation reflects estimates that USAi is comfortable releasing to analysts and the public. Slide 3: Evolution Entertainment - Electronic Retailing - Information & Services (graphic) Timeline depicting when divisions became part of USA Networks, Inc. 1995 - USA Broadcasting 1996 - Home Shopping Network 1997 - Ticketmaster, Shop Channel, HOT Germany 1998 - USA Network, Sci Fi Channel, Studios USA, Citysearch.com, Home Shopping Espanol 1999 - Hotel Reservations Network, Match.com, One & Only Network, USA Films, HSN.com 2000 - Trio, NWI, TVSN, Precision Response Corp, Styleclick, ECS Slide 4 Entertainment (logos) USA Network, Sci Fi Channel, Trio, NWI, Studios USA, USA Films, USA Broadcasting Electronic Retailing (logos) Home Shopping Network, America's Store, Home Shopping Espanol, HOT Germany, Shop Channel, HSN.com Information & Services (logos) Ticketmaster, Ticketmaster.com, Citysearch.com, Match.com, HRN, Styleclick, USA ECS, PRC Slide 5: Ticketmaster o #1 ticketing company o #2 web retailer (Oct '00) o approximately 25% of TM tickets (Q3 '00) (graphic) ticketmaster.com home page 1/5/01 #2 web retailer measuring buying customers among home users in 10/00 per PC Data Online. Slide 6: Citysearch o TMCS is #1 online local network o approximately 90% U.S. metro coverage o 77 cities worldwide (graphic) citysearch.com New York home page 1/5/01
Slide 7: Match.com o #1 matchmaking and friendship subscription service o Leading affiliate program o approximately 1 million active members (Q3 '00) (graphic) Match.com home page 1/5/01 Slide 8: Hotel Reservations Network o #1 online hotel room consolidator o Discounted rates and rooms for sold-out dates o Strategic TravelNow acquisition (graphic) HRN home page 1/5/01 Slide 9: 3rd Party Services o ECS: USAi's integrated cross-selling unit o PRC: Leader in integrated customer care / eCRM o Styleclick: Transaction revenue model + direct fees o eCommerce partnerships with NBA, NFL, PGA (logos) USA ECS, PRC, Styleclick Slide 10: Audiences (graphic) bar chart of audience reach by division Globally - 135 million U.S. - 80+ million ENTERTAINMENT USA Network - 79 million Sci Fi Channel - 65 million Trio - 7 million NWI - 6 million ELECTRONIC RETAILING HSN - 76 million HOT Germany - 29 million TVSN - 22 million America's Store - 9 million Shop Channel - 9 million Home Shopping Espanol - 5 million INTERACTIVE Citysearch, Ticketmaster, HRN, match.com, HSN.com - 10 million Estimated total households in millions as of 10/00. Excludes USAB. Online reach defined as average unique monthly visitors.
Slide 11: Infrastructure (graphic) money Retail value of transactions (annually) - $5 billion (graphic) telephone Inbound phone minutes (annually) - 1 billion (graphic) computer Orders processed (annually) - 75 million (graphic) credit cards Credit card transactions (annually) - 60 million (graphic) envelope Items shipped (annually) - 40 million (graphic) telephone operator Customer service centers - 34 (graphic) boxes Fulfillment centers square feet - 2.5 million (graphic) group of people Customer database - 30 million Operating estimates for the next twelve months. Slide 12: Products Entertainment Content o USA Network o SCI FI o Studios USA o Trio and NWI Goods & Services o HSN: 24/7 in six languages o Merchandise: 60,000 SKUs (annually) o Tickets: 75 million (annually) o Hotel rooms: 2 million nights (annually) o Personals: 1.2 million profiles (annually) (logos) USA Network, Sci Fi, Trio, NWI, Studios USA, HSN, HRN, Ticketmaster, Shop Channel, HOT Germany, HOT Germany, Home Shopping Espanol, match.com, TVSN, One & Only Operating estimates for the next twelve months. Slide 13: Fundamental Advantages o Only 17% advertising revenue (Q3 '00) o Historically recession-resistant businesses o Assets difficult to replicate o Multiple skill-sets
o Full-service infrastructure at real scale Slide 14: Real Online Businesses o $1 billion retail transactions o Operate at scale o Our merchandising o Own the investory o Know pricing / margins o Smart use of media (logos) Ticketmaster, HSN.com, HRN, Match.com Pro forma estimates. Unaudited. $ in millions. Slide 15: Growth Opportunities o Commerce Verticals: e.g. Reserved access o eServices: Marketing, DBM o International: HSN, Ticketmaster, HRN, Citysearch o Broadband: HSN, point & click opportunities o Wireless: Transaction bias, tickets, local info, activities (graphic) wireless phone, world map, telephone Slide 16 (logo) USA Networks Inc Focused on the new convergence of entertainment, information, and direct selling. Slide 17 (logo) USA Networks Inc