SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
ASIACONTENT.COM, LTD.
---------------------
(Name of Issuer)
Class A Common Stock, $0.01 Par Value Per Share
-----------------------------------------------
(Title of Class of Securities)
G05354108
---------------
(CUSIP Number)
April 12, 2000
--------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule
pursuant to which this Schedule is filed:
/ / Rule 13d-1(b)
/X/ Rule 13d-1(c)
/X/ Rule 13d-1(d)
Page 1 of 11 Pages
CUSIP NO. G05354108 Page 2 of 11 Pages
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Viacom International Inc.
-------------------------------------------------------
I.R.S. Identification No. 04-2980402
------------------------------------------------------
(2) Check the Appropriate Box if a Member of Group (See
Instructions)
/ / (a) _________________________________________________
/ / (b) _________________________________________________
(3) SEC Use Only _________________________________________
(4) Citizenship or Place of Organization Delaware
-----------------------------------------------------------
Number of (5) Sole Voting Power 0
Shares --------------------------------------------
Beneficially (6) Shared Voting Power 1,930,797*
Owned by --------------------------------------------
Each (7) Sole Dispositive Power 0
Reporting --------------------------------------------
Person With (8) Shared Dispositive Power 1,930,797*
-----------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting
Person 1,930,797*
-------------------------------------------------------
(10) Check if the Aggregate Amount in Row (9) Excludes
Certain Shares See Instructions) __________________________
(11) Percent of Class Represented by Amount in Row (9)
5.4%**
-------------------------------------------------------
(12) Type of Reporting Person (See Instructions) CO
------------
*Includes 1,374,075 shares that may be acquired pursuant to
currently exercisable stock options.
** Based on full exercise of stock options.
CUSIP NO. G05354108 Page 3 of 11 Pages
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Viacom Inc.
-------------------------------------------------------
IRS Identification No. 04-2949533
-------------------------------------------------------
(2) Check the Appropriate Box if a Member of Group (See
Instructions)
/ / (a) _________________________________________________
/ / (b) _________________________________________________
(3) SEC Use Only _________________________________________
(4) Citizenship or Place of Organization Delaware
-----------------------------------------------------------
Number of (5) Sole Voting Power 0
Shares --------------------------------------------
Beneficially (6) Shared Voting Power 1,930,797*
Owned by ---------------------------------------------
Each (7) Sole Dispositive Power 0
Reporting ---------------------------------------------
Person With (8) Shared Dispositive Power 1,930,797*
------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting
Person 1,930,797*
-------------------------------------------------------
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) ___________________________________
(11) Percent of Class Represented by Amount in Row (9)
5.4%**
------------------------------------------------------
(12) Type of Reporting Person (See Instructions) CO
----------
*Includes 1,374,075 shares that may be acquired pursuant to
currently exercisable stock options.
** Based on full exercise of stock options.
CUSIP NO. G05354108 Page 4 of 11 Pages
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
NAIRI, Inc.
-------------------------------------------------------
IRS Identification No. 04-3446887
-------------------------------------------------------
(2) Check the Appropriate Box if a Member of Group (See
Instructions)
/ / (a) __________________________________________________
/ / (b) __________________________________________________
(3) SEC Use Only __________________________________________
(4) Citizenship or Place of Organization Delaware
-----------------------------------------------------------
Number of (5) Sole Voting Power 0
Shares ---------------------------------------------
Beneficially (6) Shared Voting Power 1,930,797*
Owned by --------------------------------------------
Each (7) Sole Dispositive Power 0
Reporting ---------------------------------------------
Person With (8) Shared Dispositive Power 1,930,797*
------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting
Person 1,930,797*
-----------------------------------------------------
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) ___________________________________
(11) Percent of Class Represented by Amount in Row (9)
5.4%**
-------------------------------------------------------
(12) Type of Reporting Person (See Instructions) CO
-----------
*Includes 1,374,075 shares that may be acquired pursuant to
currently exercisable stock options.
** Based on full exercise of stock options.
CUSIP NO. G05354108 Page 5 of 11 Pages
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
National Amusements, Inc.
-------------------------------------------------------
IRS Identification No. 04-2261332
-------------------------------------------------------
(2) Check the Appropriate Box if a Member of Group (See
Instructions)
/ / (a) __________________________________________________
/ / (b) __________________________________________________
(3) SEC Use Only __________________________________________
(4) Citizenship or Place of Organization Maryland
------------------------------------------------------------
Number of (5) Sole Voting Power 0
Shares ---------------------------------------------
Beneficially (6) Shared Voting Power 1,930,797*
Owned by ---------------------------------------------
Each (7) Sole Dispositive Power 0
Reporting ---------------------------------------------
Person With (8) Shared Dispositive Power 1,930,797*
------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting
Person 1,930,797*
-----------------------------------------------------
<10> Check if the ggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)____________________________________
(11) Percent of Class Represented by Amount in Row (9)
5.4%**
------------------------------------------------------
(12) Type of Reporting Person (See Instructions) CO
------------
*Includes 1,374,075 shares that may be acquired pursuant to
currently exercisable stock options.
** Based on full exercise of stock options.
CUSIP NO. G05354108 Page 6 of 11 Pages
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
SUMNER M. REDSTONE
-------------------------------------------------------
S.S. No. 026-24-2929
-------------------------------------------------------
(2) Check the Appropriate Box if a Member of Group (See
Instructions)
/ / (a) ________________________________________________
/ / (b) ________________________________________________
(3) SEC Use Only ________________________________________
(4) Citizenship or Place of Organization United States
----------------------------------------------------------
Number of (5) Sole Voting Power 0
Shares -------------------------------------------
Beneficially (6) Shared Voting Power 1,930,797*
Owned by -------------------------------------------
Each (7) Sole Dispositive Power 0
Reporting -------------------------------------------
Person With (8) Shared Dispositive Power 1,930,797*
----------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting
Person 1,930,797*
---------------------------------------------------
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Share
s (See Instructions) __________________________________
(11) Percent of Class Represented by Amount in Row (9)
5.4%**
-----------------------------------------------------
(12) Type of Reporting Person (See Instructions) IN
-----------
*Includes 1,374,075 shares that may be acquired pursuant to
currently exercisable stock options.
** Based on full exercise of stock options.
Page 7 of 11 Pages
Item 1. Identity of Issuer
This Statement on Schedule 13G is filed by the
undersigned with respect to the Class A Common Stock, par
value $0.01 per share (the "Class A Common Stock"), of
Asiacontent.com, Ltd. (the "Issuer"). The Issuer's
principal executive offices are located at 18/F CEF Life
Tower, 248 Queen's Road East, Wanchai, Hong Kong.
Item 2. Identity of Reporting Persons and Background
This Statement is filed on behalf of Viacom
International Inc., a Delaware corporation ("VII") with a
principal address of 1515 Broadway, New York, New York
10036, Viacom Inc., a Delaware corporation ("VI") with a
principal address of 1515 Broadway, New York, New York
10036, NAIRI, Inc., a Delaware corporation ("NAIRI") with a
principal address of 200 Elm Street, Dedham, MA 02026,
National Amusements, Inc., a Maryland corporation ("NAI")
with a principal address of 200 Elm Street, Dedham, MA
02026, and Mr. Sumner M. Redstone, whose business address is
200 Elm Street, Dedham, MA 02026 (collectively, the"Reporting
Persons").
All of VII's voting stock is owned by VI;
approximately 68% of VI's voting stock is owned by NAIRI,
which in turn is owned 100% by NAI; Mr. Sumner M. Redstone
is the controlling shareholder, Chairman and Chief Executive
Officer of NAI, Chairman and President of NAIRI, Chairman
and Chief Executive Officer of VI, and Chairman and Chief
Executive Officer of VII.
Item 3. If this Statement is filed pursuant to Rule 13d-1(c),
check this box /x/.
Item 4. Ownership.
Each of VII, VI, NAIRI, NAI and Mr. Sumner M.
Redstone beneficially own the one million nine hundred
thirty thousand seven hundred ninety seven (1,930,797)
shares of Class A Common Stock reported hereunder,
representing approximately 5.4% of the outstanding shares of
Class A Common Stock (based upon 34,335,420 shares of Class
A Common Stock being issued and outstanding as of the date
of this filing on Schedule 13G and assuming exercise in full
of currently exercisable stock options). Such amount
includes 1,374,075 shares that may be acquired by VII
pursuant to currently exercisable stock options.
Due to the relationship among the Reporting Person as
described in Item 2 hereof, each of the Reporting Persons
may be deemed to share with each of the other Reporting
Persons power (i) to vote or direct the vote and (ii) to
dispose or to direct the disposition of the shares of Common
Stock covered by this Statement.
Page 8 of 11 Pages
Item 5. Ownership of Five Percent or Less of a Class.
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of
Another Person.
See Items 2 and 4 hereof.
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By the
Parent Holding Company or Control Person.
Not Applicable
Item 8. Identification and Classification of Members of the
Group.
Not Applicable
Item 9. Notice of Dissolution of Group.
Not Applicable
Item 10 Certifications.
By signing below, we certify that, to the best of our knowledge
and belief, the securities referred to above were acquired and
are held in the ordinary course of business and were not acquired
and are not held for the purpose or with the effect of changing
or influencing the control of the issuer of the securities and
were not acquired in connection with or as a participant in
any transaction having that purpose or effect.
Page 9 of 11 Pages
Signatures
-----------
After reasonable inquiry and to the best of our
knowledge and belief, we certify that the information set
forth in this statement is true, complete and correct.
Pursuant to Rule 13d-1(k)(1), we agree that this statement
is filed on behalf of each of us.
Date: February 13, 2001
VIACOM INTERNATIONAL INC.
By: /s/ Michael D. Fricklas
-----------------------
Michael D. Fricklas
Executive Vice President
General Counsel and Secretary
VIACOM INC.
By: /s/ Michael D. Fricklas
-----------------------
Michael D. Fricklas
Executive Vice President,
General Counsel and Secretary
NAIRI, INC.
By: /s/ Sumner M. Redstone
-----------------------
Sumner M. Redstone
Chairman and President
NATIONAL AMUSEMENTS, INC.
By: /s/ Sumner M. Redstone
-----------------------
Sumner M. Redstone
Chairman and
Chief Executive Officer
By: /s/ Sumner M. Redstone
-----------------------
Sumner M. Redstone,
Individually
Exhibit to Schedule 13G Page 10 of 11 Pages
JOINT FILING AGREEMENT
The undersigned hereby agree that the Statement on
Schedule 13G, dated February 13, 2001 (the "Schedule 13G"),
with respect to the Class A Common Stock, par value $0.01
per share, of Asiacontent.com, Ltd. is, and any amendments
executed by us shall be, filed on behalf of each of us
pursuant to and in accordance with the provisions of Rule
13d-1(k) under the Securities Exchange Act of 1934, as
amended, and that this Agreement shall be included as an
exhibit to the Schedule 13G and each such amendment. Each
of the undersigned agrees to be responsible for the timely
filing of the Schedule 13G and any amendments thereto, and
for the completeness and accuracy of the information
concerning itself contained therein. This agreement may be
executed in any number of counterparts, all of which taken
together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the undersigned have executed this
Agreement as of the 13th day of February, 2001.
VIACOM INTERNATIONAL INC.
By: /s/ Michael D. Fricklas
-------------------------
Michael D. Fricklas
Executive Vice President
General Counsel and Secretary
VIACOM INC.
By: /s/ Michael D. Fricklas
-----------------------
Michael D. Fricklas
Executive Vice President,
General Counsel and Secretary
NAIRI, INC.
By: /s/ Sumner M. Redstone
-----------------------
Sumner M. Redstone
Chairman and President
NATIONAL AMUSEMENTS, INC.
By: /s/ Sumner M. Redstone
-----------------------
Sumner M. Redstone
Chairman and
Chief Executive Officer
By: /s/ Sumner M. Redstone
-----------------------
Sumner M. Redstone,
Individually