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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Date of Report (Date of Earliest Event Reported): August 11, 2003
HUGHES ELECTRONICS CORPORATION
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(Exact Name of Registrant as Specified in its Charter)
DELAWARE
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(State or Other Jurisdiction of Incorporation)
0-26035 52-1106564
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(Commission File Number) (I.R.S. Employer Identification No.)
200 NORTH SEPULVEDA BOULEVARD
EL SEGUNDO, CALIFORNIA 90245
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(Address of Principal Executive offices) (Zip Code)
(310) 662-9688
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(Registrant's Telephone Number, Including Area Code
NOT APPLICABLE
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(Former Name or Former Address, if changed Since Last Report)
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ITEM 5. OTHER EVENTS
As previously reported, DIRECTV, Inc. ("DIRECTV") has been involved
in several lawsuits with the National Rural Telecommunications Cooperative
("NRTC"), Pegasus Satellite Television, Inc. and Golden Sky Systems, Inc.
(collectively "Pegasus") and a class of NRTC members (the "Class"), regarding
premium programming, launch fees, certain advanced services, contract term and
post-contract rights of first refusal. On August 11, 2003, DIRECTV announced
that it had entered into a settlement agreement with the NRTC pursuant to which
the parties agreed to dismiss all their claims against each other currently
pending in the U.S. District Court for the Central District of California. This
settlement also resolves the class-action claims filed against DIRECTV by the
Class. The settlement will not become final until the Court conducts a fairness
hearing and approves the settlement of the Class claims. As a result of the
settlement, the NRTC and the Class have agreed to release DIRECTV from all
financial damage claims. The settlement does not resolve certain related pending
litigation between DIRECTV and Pegasus. A copy of DIRECTV's press release
related to the settlement, dated August 11, 2003, is attached hereto as Exhibit
99.1 and is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits.
Exhibit No. Exhibit
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99.1 Press Release, dated August 11, 2003
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the registrant has duly caused this Report to be signed on its
behalf by the undersigned hereunto duly authorized.
HUGHES ELECTRONICS CORPORATION
(Registrant)
Date: August 11, 2003 By: /s/ Michael J. Gaines
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Name: Michael J. Gaines
Title: Senior Vice President
and Chief Financial Officer
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EXHIBIT INDEX
Exhibit No. Exhibit
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99.1 Press Release, dated August 11, 2003
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