As filed with the Securities and Exchange Commission on August 22, 2006
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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): August 18, 2006
METROMEDIA INTERNATIONAL GROUP, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-5706 58-0971455
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(State or other jurisdiction of (Commission File (IRS Employer
incorporation) Number) Identification No.)
8000 Tower Point Drive, Charlotte, NC 28227
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (704) 321-7380
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(Former name or former address, if changed since last report)
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events
Metromedia International Group, Inc. (the "Company" or "MIG") (PINK SHEETS:
MTRM) - Common Stock and (PINK SHEETS: MTRMP) - Preferred Stock), the owner of
interests in communications and media businesses in the country of Georgia, was
served today with a Summons and Complaint in connection with an action brought
against the Company on August 18, 2006 by Esopus Creek Value LP ("Esopus"), a
stockholder of the Company. Esopus brought the action in the Court of Chancery
of the State of Delaware pursuant to Section 211 of the Delaware General
Corporation Law seeking an order of the court directing the Company to call and
hold an annual meeting of its stockholders. The Company is currently evaluating
its legal position with the assistance of its outside counsel and will respond
in due course.
SIGNATURE
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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 hereunto duly authorized.
METROMEDIA INTERNATIONAL GROUP, INC.
By: /S/ HAROLD F. PYLE, III
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Name: Harold F. Pyle, III
Title: Executive Vice President Finance, Chief
Financial Officer and Treasurer
Date: August 22, 2006
Charlotte, NC