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): September 18, 2001 USA NETWORKS, INC. (Exact name of Registrant as specified in charter) Delaware 0-20570 59-2712887 (State or other jurisdiction (Commission File (IRS Employer of incorporation) Number) Identification No.) 152 West 57th Street, New York, NY 10019 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (212) 314-7300

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (c) Exhibits. 99.1 Recent Events--Questions and Answers, dated September 18, 2001. ITEM 9. REGULATION FD DISCLOSURE The full text of the Registrant's Recent Events--Questions and Answers, dated September 18, 2001, appearing in Exhibit 99.1, is furnished and not filed pursuant to Regulation FD. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. USA NETWORKS, INC. By: /s/ JULIUS GENACHOWSKI ----------------------------- Name: Julius Genachowski Title: Senior Vice President and General Counsel Date: September 18, 2001 EXHIBIT INDEX Exhibit No. Description 99.1 Recent Events--Questions and Answers, dated September 18, 2001.



                                                                    EXHIBIT 99.1

      Recent Events--Questions and Answers, September 18, 2001


      In a desire to answer questions from our shareholders, analysts and the
      media, USAI has furnished this document to the SEC in compliance with
      Regulation FD, so that we may discuss various issues affecting the
      Company.

      Q: HOW WILL LAST WEEK'S EVENTS AFFECT THE OUTLOOK FOR USAI'S FINANCIAL
      PERFORMANCE?

      Prior to last Tuesday, we anticipated slightly exceeding EBITDA guidance
      on an overall basis for the third quarter. We now expect we'll fall short
      of original third quarter guidance, but believe we will have very positive
      results overall for our operations, growing revenue by double-digits and
      EBITDA by 13% to 17%.

      We continue to believe all our businesses are in a very strong position
      and we expect they will continue to prosper over time.

      We have an extremely solid balance sheet, with no net debt and more than
      $150 million in consolidated net cash. We expect this cash balance will
      grow to approximately $700 million by year-end, pro forma with the
      anticipated proceeds from the sale of USA Broadcasting and excluding
      new investments.

      We are just beginning our budget process for next year. Once that process
      is complete, and with recognition for any changed circumstances due to
      last week's attack, we will be in a position to outline our anticipated
      results for the next several years, together with the strategic goals we
      will pursue over the period.

      Q:  HOW HAVE LAST WEEK'S EVENTS AFFECTED AD SALES?

      USA Cable has not experienced significant advertising cancellations as of
      yet, although of course cancellations may happen in the future. The
      advertising market remains hardly robust. In addition, the continuing
      effects of last week's tragic events on the ad market are unpredictable.

      Q:  HOW HAVE HSN'S SALES BEEN AFFECTED?

      HSN has experienced a significant drop in business. This shortfall is
      consistent with the impact caused by other national and international
      events in history which caused viewers to primarily watch news programs
      all day. Based on HSN's past experiences, we expect business to gradually
      get back to normal over a several week period.