UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
___________
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b),
(c), AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)
(Amendment No. 1)*
SportsLine.com, Inc.
____________________
(Name of Issuer)
Common Stock, par value $.01 per share
______________________________________
(Title of Class of Securities)
848934105
_______________
(CUSIP Number)
July 18, 2002
_____________
(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)
SCHEDULE 13G
============================================================= =================
CUSIP No. 848934105 Page 2 of 7 Pages
- -
============================================================= =================
========= =====================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
AOL Time Warner Inc.
13-4099534
--------- ---------------------------------------------------------------------
--------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* a / /
b / /
--------- ---------------------------------------------------------------------
--------- ---------------------------------------------------------------------
3 SEC USE ONLY
--------- ---------------------------------------------------------------------
--------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
========= =====================================================================
======================== ======== =============================================
NUMBER OF 5 SOLE VOTING POWER 0
SHARES ------- ---------------------------------------------
BENEFICIALLY ------- ---------------------------------------------
OWNED 6 SHARED VOTING POWER 2,812,425
BY EACH ------- ---------------------------------------------
REPORTING ------- ---------------------------------------------
PERSON
WITH 7 SOLE DISPOSITIVE POWER 0
------- ---------------------------------------------
------- ---------------------------------------------
8 SHARED DISPOSITIVE POWER 2,812,425
======================= ======== =============================================
======== ======================================================================
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING
PERSON 2,812,425
-------- ----------------------------------------------------------------------
-------- ----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
-------- ----------------------------------------------------------------------
-------- ----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.3%(1)
-------- ----------------------------------------------------------------------
-------- ----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* CO
======== ======================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
_________
(1) Calculated pursuant to Rule 13(d)-3(d) based on the number of shares of
SportsLine.com, Inc.("SportsLine") common stock outstanding on
August 2,2002 as reported in SportsLine's Quarterly Report on Form 10-Q
for the quarter ended June 30, 2002. The 2,812,425 shares includes
2,362,425 shares of SportsLine common stock and 450,000 shares of
SportsLine common stock issuable upon exercise of immediately exercisable
warrants.
SCHEDULE 13G
============================================================= =================
CUSIP No. 848934105 Page 3 of 7 Pages
- -
============================================================= =================
========= =====================================================================
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
America Online, Inc.
54-1322110
--------- ---------------------------------------------------------------------
--------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* a / /
b / /
--------- ---------------------------------------------------------------------
--------- ---------------------------------------------------------------------
3 SEC USE ONLY
--------- ---------------------------------------------------------------------
--------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
========= =====================================================================
==================== ========= ================================================
NUMBER OF 5 SOLE VOTING POWER 0
SHARES
BENEFICIALLY --------- ------------------------------------------------
OWNED BY --------- ------------------------------------------------
EACH
REPORTING 6 SHARED VOTING POWER 2,812,425
PERSON
WITH --------- ------------------------------------------------
--------- ------------------------------------------------
7 SOLE DISPOSITIVE POWER 0
--------- ------------------------------------------------
--------- ------------------------------------------------
8 SHARED DISPOSITIVE POWER 2,812,425
==================== ========= ================================================
=========== ===================================================================
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING
PERSON 2,812,425
----------- -------------------------------------------------------------------
----------- -------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* / /
----------- -------------------------------------------------------------------
----------- -------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.3%(1)
----------- -------------------------------------------------------------------
----------- -------------------------------------------------------------------
12 TYPE OF REPORTING PERSON* CO
=========== ===================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
____________
(1) Calculated pursuant to Rule 13(d)-3(d) based on the number of shares of
SportsLine.com, Inc.("SportsLine") common stock outstanding on August
2,2002 as reported in SportsLine's Quarterly Report on Form 10-Q for the
quarter ended June 30, 2002. The 2,812,425 shares includes 2,362,425 shares
of SportsLine common stock and 450,000 shares of SportsLine common stock
issuable upon exercise of immediately exercisable warrants.
CUSIP No. 848934105 Page 4 of 7 Pages
- -
AOL Time Warner Inc. ("AOL Time Warner") was formed in connection with the
merger of America Online, Inc. ("America Online") and Time Warner Inc. ("Time
Warner"), which was consummated on January 11, 2001 (the "Merger"). As a result
of the Merger, America Online and Time Warner each became wholly owned
subsidiaries of AOL Time Warner.
Item 1(a) Name of Issuer
SportsLine.com, Inc.
-------------------------------------------------------------------
Item 1(b) Address of Issuer's Principal Executive Offices:
2200 West Cypress Creek Road, Fort Lauderdale, FL 33309
-------------------------------------------------------------------
Item 2(a) Name of Person Filing:
AOL Time Warner Inc.
-------------------------------------------------------------------
Item 2(b) Address of Principal Business Office or, if None, Residence:
75 Rockefeller Plaza, New York, NY 10019
-------------------------------------------------------------------
Item 2(c) Citizenship:
Delaware
-------------------------------------------------------------------
Item 2(d) Title of Class of Securities:
Common Stock, par value $.01 per share
-------------------------------------------------------------------
Item 2(e) CUSIP Number:
848934105
-------------------------------------------------------------------
Item 3. If This Statement is filed Pursuant to Rule 13d-1(b) or
13d-2(b) or (c), Check Whether the Person Filing is a:
(a) // Broker or dealer registered under Section 15 of the Exchange Act.
(b) // Bank as defined in Section 3(a)(6) of the Exchange Act.
(c) // Insurance company as defined in Section 3(a)(19) of the Exchange
Act.
(d) // Investment company registered under Section 8 of the Investment
Company Act.
(e) // An investment adviser in accordance with Rule 13d-1 (b)(1)(ii)(E);
(f) // An employee benefit plan or endowment fund in accordance with Rule
13d-1(b)(1)(ii)(F);
(g) // A parent holding company or control person in accordance with Rule
13d-1(b)(1)(ii)(G);
(h) // A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) // A church plan that is excluded from the definition of an investment
company under Section 3(c)(14) of the Investment Company Act;
(j) // Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box. [X]
CUSIP No. 848934105 Page 5 of 7 Pages
- -
Item 4. Ownership.
Provide the following information regarding the aggregate
number and percentage of the class of securities of the Issuer
identified in Item 1.
(a) Amount beneficially owned:
2,812,425(1)
--------------------------
(b) Percent of Class:
7.3%(1)
--------------------------
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 0
---------------------
(ii) Shared power to vote or to direct the vote 2,812,425(1)
---------------------
(iii) Sole power to dispose or to direct the disposition of 0 ,
---------------------
(iv) Shared power to dispose or to direct the 2,812,425(1) ,
disposition of ----------------------
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.
Except as otherwise disclosed in periodic public filings with
the Securities and Exchange Commission, no other person is
known to have the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of,
such securities.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
America Online, Inc. - CO
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 I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired
and are not held for the purpose of or with the effect of
changing or influencing the control of the issuer of the
securities and were not acquired and are not held in
connection or as a participant in any transaction having that
purpose or effect.
_______________
(1) Calculated pursuant to Rule 13(d)-3(d). Includes 2,362,425 shares of
SportsLine common stock and 450,000 shares of SportsLine common stock
issuable upon exercise of immediately exercisable warrants. The Reporting
Person owns a performance based warrant executed on October 6, 1998 and
dated as of October 1, 1998 that can vest up to 900,000 shares of common
stock and is currently exercisable for 450,000 shares of common stock.
CUSIP No. 848934105 Page 6 of 7 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: August 29, 2002
AOL Time Warner Inc.
/s/Wayne H. Pace
___________________________
(Signature)
Wayne H. Pace
Executive Vice President
and Chief Financial Officer
___________________________
(Name/Title)
America Online, Inc.
/s/Joseph A. Ripp
___________________________
(Signature)
Joseph A. Ripp
Executive Vice President,
Chief Financial Officer
and Treasurer
____________________________
(Name/Title)
CUSIP No. 848934105 Page 7 of 7 Pages
- -
EXHIBIT NO. 1
JOINT FILING AGREEMENT
AOL Time Warner Inc., a Delaware corporation, and America Online, Inc.,
a Delaware corporation, each hereby agrees, in accordance with Rule 13d-1(k)
under the Securities Exchange Act of 1934, that the Schedule 13G filed herewith,
and any amendments thereto, relating to the shares of Common Stock, par value
$.01, of SportsLine.com, Inc. is, and will be, jointly filed on behalf of each
such person and further agree that this Joint Filing Agreement be included as an
Exhibit to such joint filings. In evidence thereof, the undersigned hereby
execute this Agreement as of the date set forth below.
Dated: August 29, 2002
AOL TIME WARNER INC.
By:
/s/Wayne H. Pace
_____________________________
Name: Wayne H. Pace
Title: Executive Vice President and
Chief Financial Officer
AMERICA ONLINE, INC.
By:
/s/Joseph A. Ripp
________________________________
Name: Joseph A. Ripp
Title: Executive Vice President, Chief
Financial Officer and Treasurer