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FORM 4                                                                         
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                                 U.S. SECURITIES AND EXCHANGE COMMISSION
                                          WASHINGTON, DC 20549
                                       
                               STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
/ / CHECK BOX IF NO                                                     
    LONGER SUBJECT TO         Filed pursuant to Section 16(a) of the Securities 
    SECTION 16. FORM 4            Exchange Act of 1934, Section 17(a) of the 
    OR FORM 5 OBLIGATIONS         Public Utility Holding Company Act of 1935
    MAY CONTINUE. SEE              or Section 30(f) of the Investment Company
    INSTRUCTION 1(b).                           Act of 1940               

                                                                                                          
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 1. Name and Address of Reporting Person*      2. Issuer Name and Ticker or Trading Symbol   6. Relationship of Reporting Person to
   Diller, Barry                                USA Networks, Inc. (USAi)                       Issuer (Check all applicable)
- ---------------------------------------------  ----------------------------------------------    X  Director         10% Owner
  (Last)          (First)          (Middle)    3. IRS Identification      4. Statement for      ----              ---
 1 HSN Drive                                      Number of Reporting        Month/Year          X  Officer (give    Other (Specify
- ---------------------------------------------     Person,                  November, 1998       ----        title ---       below)
                 (Street)                         (Voluntary)             ------------------                below)
  St. Petersburg, FL  33729                                               5. If Amendment,     Chairman of the Board and Chief 
- ---------------------------------------------                                Date of Original          Executive Officer
  (City)           (State)           (Zip)                                   (Month/Year) 
                                                                          ------------------- -------------------------------------
                                                                                             7. Individual or Joint/Group Filing
                                                                                                (Check applicable line)
                                                                                                 X    Form filed by one 
                                                                                                ----  Reporting Person
                                                                                                      Form filed by more than
                                                                                                ----  one Reporting Person
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                         TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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 1. Title of Security           2. Trans-   3. Transac-  4. Securities Acquired (A)  5.  Amount of Se-    6. Owner-      7. Nature  
    (Instr. 3)                     action      tion         or Disposed of (D)           curities Benefi-    ship           of In-  
                                   Date        Code         (Instr. 3, 4 and 5)          cially Owned at     Form:          direct  
                                               (Instr. 8)                                End of Month        Direct         Benefi-
                                  (Month/                                                (Instr. 3 and 4)    (D) or         cial
                                   Day/     ---------------------------------------                          Indirect       Owner- 
                                   Year)    Code    V       Amount   (A) or   Price                          (I)            ship   
                                                                     (D)                                     (Instr. 4)     (Instr.
                                                                                                                            4)     

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Common Stock, $.01 par value                     
   per share                    11/12/1998  M      V       980,000   A       9.4445           ||                 D            ---
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Common Stock, $.01 par value                                                                  \/
   per share                    11/12/1998  S      V       864,000   D      24.5000        116,000               I             *  
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Common Stock, $.01 par value                     
   per share                    11/19/1998  G      V        60,000   D      27.8750           -0-               N/A**         N/A
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Common Stock, $.01 par value                     
   per share                     N/A       N/A    N/A        N/A    N/A      N/A           913,976               I             *
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*If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.                   (Over)

                                                      (Print or Type Response)                      
 
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FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) - ----------------------------------------------------------------------------------------------------------------------------------- 1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price Security sion or action action Derivative cisable and of Underlying of (Instr. 3) Exercise Date Code Securities Expiration Securities Deriv- Price of (Month/ (Instr. Acquired (A) Date (Instr. 3 and 4) ative Deriv- Day/ 8) or Disposed (Month/Day/ Secur- ative Year) of (D) Year) ity Security (Instr. 3, (Instr. 5) 4, and 5) ----------------------------------- Date Expira- Amount or ---------------------------- Exer- tion Title Number of Code V (A) (D) cisable Date Shares - ----------------------------------------------------------------------------------------------------------------------------------- Stock Option 11/24 11/24 Common (Right to Buy) 9.4445 11/12/1998 M V 980,000 1996 2005 Stock 980,000 - ----------------------------------------------------------------------------------------------------------------------------------- Stock Option 08/24 08/24 Common (Right to Buy) 11.3125 N/A N/A N/A N/A 1996 2005 Stock 3,791,694 - ----------------------------------------------------------------------------------------------------------------------------------- Stock Option 11/27 11/27 Common (Right to Buy) 15.3750 N/A N/A N/A N/A 1996 2005 Stock 1,250,000 - ----------------------------------------------------------------------------------------------------------------------------------- Stock Option 10/20 10/20 Common (Right to Buy) 19.3125 N/A N/A N/A N/A 1996 2005 Stock 9,500,000 - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- 1. Title of Derivative 9. Number of 10. Ownership 11. Nature of Security Derivative Form of Indirect (Instr. 3) Securities Derivative Beneficial Beneficially Security: Ownership Owned at End Direct (D) (Instr. 4) of Month or Indirect (I) (Instr. 4) (Instr. 4) - ------------------------------------------------------------------------------------------------------- Stock Option (Right to Buy) 7,997,500 D --- - ------------------------------------------------------------------------------------------------------- Stock Option (Right to Buy) 2,843,770 D --- - ------------------------------------------------------------------------------------------------------- Stock Option (Right to Buy) 937,500 D --- - ------------------------------------------------------------------------------------------------------- Stock Option (Right to Buy) 2,375,000 D --- - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------
Explanation of Responses: * These shares are held indirectly by the following entities: Ranger Investments, L.P. (1,029,954 shares), BDTV II, Inc. (8 shares), BDTV III, Inc. (8 shares) and BDTV IV, Inc. (6 Shares). ** Reporting person disclaims beneficial ownership of certain shares held by The Diller Foundation. /S/ BARRY DILLER 12/10/98 -------------------------------- -------- ***Signature of Reporting Person Date ***Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information in this form are not required to respond unless the form displays a currently valid OMB Number. Page 2