UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities and Exchange Act of 1934
(Amendment No. 1)
GRANITE BROADCASTING CORPORATION
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(Name of Issuer)
Common Stock (nonvoting), par value $.01 per share
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(Title of Class of Securities)
387241102
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(CUSIP Number)
November 2, 2001
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(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)
[ ] Rule 13d-1(d)
CUSIP No. 387241101 13G Page 2 of 12 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
NATIONAL BROADCASTING COMPANY, INC. 14-1682529
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
NOT APPLICABLE
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5 SOLE VOTING POWER
NOT APPLICABLE
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NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY NOT APPLICABLE
OWNED BY ----------------------------------------------------
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 4,500,000
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8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,500,000
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
NOT APPLICABLE
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
19.5%
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12 TYPE OF REPORTING PERSON
CO
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CUSIP No. 387241101 13G Page 3 of 12 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
NATIONAL BROADCASTING COMPANY HOLDING, INC. 13-3448662
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
NOT APPLICABLE
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5 SOLE VOTING POWER
NOT APPLICABLE
-------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY NOT APPLICABLE
OWNED BY -------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON DISCLAIMED (SEE 9 BELOW)
WITH -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
NOT APPLICABLE
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
BENEFICIAL OWNERSHIP OF ALL SHARES IS DISCLAIMED BY NATIONAL
BROADCASTING COMPANY HOLDING, INC.
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
NOT APPLICABLE
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
NOT APPLICABLE (SEE 9 ABOVE)
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12 TYPE OF REPORTING PERSON
CO
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CUSIP No. 387241101 13G Page 4 of 12 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GENERAL ELECTRIC COMPANY 14-0689340
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
NOT APPLICABLE
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
NEW YORK
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5 SOLE VOTING POWER
NOT APPLICABLE
-------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY NOT APPLICABLE
OWNED BY
EACH -------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH DISCLAIMED (SEE 9 BELOW)
-------------------------------------------------------
8 SHARED DISPOSITIVE POWER
NOT APPLICABLE
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
BENEFICIAL OWNERSHIP OF ALL SHARES IS DISCLAIMED BY GENERAL
ELECTRIC COMPANY.
--------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
NOT APPLICABLE
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
NOT APPLICABLE (SEE 9 ABOVE)
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12 TYPE OF REPORTING PERSON
CO
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CUSIP No. 387241101 13G Page 5 of 12 Pages
Item 1(a) Name of Issuer:
Granite Broadcasting Corporation
Item 1(b) Address of Issuer's Principal Executive Offices:
767 Third Avenue - 34th Floor
New York, New York 10017
Item 2(a) Name of Person Filing:
National Broadcasting Company, Inc. ("NBC")
National Broadcasting Company Holding, Inc. ("NBCH")
General Electric Company ("GE")
NBC is a wholly-owned subsidiary of NBCH, which is in
turn a wholly-owned subsidiary of GE.
Item 2(b) Address of Principal Business Office or, if none, Residence:
NBC: 30 Rockefeller Plaza, New York, NY 10112
NBCH: 30 Rockefeller Plaza, New York, NY 10112
GE: 3135 Easton Turnpike, Fairfield, CT 06431
Item 2(c) Citizenship:
NBC: Delaware corporation
NBCH: Delaware corporation
GE: New York corporation
Item 2(d) Title of Class of Securities:
Common Stock (nonvoting), par value $.01 per share
Item 2(e) CUSIP Number:
387241101
CUSIP No. 387241101 13G Page 6 of 12 Pages
Item 3 If this statement is filed pursuant to Rules 13d-1(b),
or 13d-2(b), or 13d-1(c) check whether the person filing
is a:
Not applicable
Item 4 Ownership:
(a)-(c) The response of NBC, NBCH and GE to Items 5, 6,
7, 8, 9 and 11 of each of their respective Cover Pages which relate to the
beneficial ownership of the Common Stock of the Issuer are incorporated
herein by reference.
Each of NBCH and GE hereby disclaim beneficial ownership
of the Common Stock of the Issuer owned by NBC.
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:
Not applicable.
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent
Holding Company:
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 Certification:
Not applicable.
CUSIP No. 387241101 13G Page 7 of 12 Pages
Signature: After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in
this statement is true, complete and correct.
Date: February 8, 2002
NATIONAL BROADCASTING COMPANY, INC.
By: /s/ Elizabeth A. Newell
-------------------------------
Elizabeth A. Newell
Assistant Secretary
CUSIP No.387241101 13G Page 8 of 12 Pages
Signature: After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in
this statement is true, complete and correct.
Date: February 8, 2002
NATIONAL BROADCASTING COMPANY HOLDING, INC.
By: /s/ Elizabeth A. Newell
---------------------------------
Elizabeth A. Newell
Assistant Secretary
CUSIP No. 387241101 13G Page 9 of 12 Pages
Signature: After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in
this statement is true, complete and correct.
Date: February 8, 2002
GENERAL ELECTRIC COMPANY
By: /s/ Robert E. Healing
-------------------------------
Robert E. Healing
Attorney-in-Fact
CUSIP No. 387241101 13G Page 10 of 12 Pages
EXHIBIT LIST
EXHIBIT NO. TITLE PAGE NO.
----------- ----- --------
A Joint Filing Agreement dated February 11
8, 2002, among GE, NBCH, and NBC.
B Power of Attorney of GE 12
CUSIP No. 387241101 13G Page 11 of 12 Pages
JOINT FILING AGREEMENT
This will confirm the agreement by and among all of the
undersigned that a statement may be filed on behalf of each of the
undersigned persons by National Broadcasting Company, Inc. ("NBC") with
respect to the Common Stock of Granite Broadcasting Corporation. Further,
each of the undersigned agrees that NBC, by its duly elected officers,
shall be authorized to sign from time to time on behalf of the undersigned,
any amendments to this Schedule 13G relating to Granite Broadcasting
Corporation which may be necessary or appropriate from time to time.
Date: February 8, 2002
GENERAL ELECTRIC COMPANY
By: /s/ Robert E. Healing
--------------------------
Robert E. Healing
Attorney-in-Fact
NATIONAL BROADCASTING COMPANY
HOLDING, INC.
By: /s/ Elizabeth A. Newell
---------------------------
Elizabeth A. Newell
Assistant Secretary
NATIONAL BROADCASTING COMPANY, INC.
By: /s/ Elizabeth A. Newell
---------------------------
Elizabeth A. Newell
Assistant Secretary
CUSIP No. 387241101 13G Page 12 of 12 Pages
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS that General Electric Company
("GE") constitutes and appoints each of the Corporate Counsel, Associate
Corporate Counsel, and Associate Securities Counsel as its true and lawful
attorney-in-fact and agent with full power of substitution and
resubstitution, for and on behalf of GE and in GE's respective name, place
and stead, in any and all capacities, to sign any Statements on Schedule
13D, Schedule 13G, Schedule 14D, Form 3, Form 4 or Form 5 under the
Securities Exchange Act of 1934, and any and all amendments to any thereof,
and other documents in connection therewith (including, without limitation,
any joint filing agreement with respect to any Statement on Schedule 13D,
Schedule 13G or 14D or amendment thereto) and to file the same, with all
exhibits thereto, with the Securities and Exchange Commission, granting
unto each said attorney-in-fact and agent full power and authority to do
and perform each and every act and thing requisite and necessary to be done
in and about the premises, as fully and to all intents and purposes as GE
might or could do in person, hereby ratifying and confirming all that each
said attorney-in-fact and agent, or his or her substitute or substitutes,
may lawfully do or cause to be done by virtue hereof.
Dated: February 8, 1999
GENERAL ELECTRIC COMPANY
By: /s/ B. W. Heineman, Jr.
--------------------------
Name: B. W. Heineman, Jr.
Title: Senior Vice President,
General Counsel and
Secretary