Item 1.01. Entry into a Material Definitive Agreement.

As reported in Item 2.03 of this Current Report, on November 7, 2008, the Registrant's subsidiaries comprising its Kable Media Services group entered into the Second Modification to Loan Documents dated effective as of October 1, 2008 (the "Second Modification"). The Second Modification amends the Second Amended and Restated Loan and Security Agreement dated as of January 16, 2007 (the "Original Credit Agreement"), with LaSalle Bank National Association, as amended by the First Modification to Loan Documents entered into on February 1, 2008 and dated as of January 18, 2008 (the "First Modification"). (The Original Credit Agreement, as so amended, the "Existing Credit Agreement".) A copy of the Second Modification is included as Exhibit 10.1 to this Current Report on Form 8-K, and such Exhibit as well as the description of the Second Modification included in Item 2.03 of this Current Report are incorporated into this Item 1.01 by reference.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On January 16, 2007, the Registrant's subsidiaries comprising its Kable Media Services group entered into the Original Credit Agreement and on February 1, 2008 entered into the First Modification. These transactions were reported by the Registrant in its Current Reports on Form 8-K filed January 19, 2007 and February 5, 2008, to which reference is made for a description of the terms of the Existing Credit Agreement.

On November 7, 2008, the parties entered into the Second Modification.

The Second Modification modifies the Existing Credit Agreement and related loan documents, among other things, by adding Kable Specialty Packaging Services LLC and Kable Staffing Resources LLC, recently organized members of the Kable Media Services group, as borrowers, and allowing borrowings under the Existing Credit Agreement to be used to fund purchases by these new borrowers of certain assets to be used by them to commence operations.

A copy of the Second Modification is included as Exhibit 10.1 to this Current Report on Form 8-K, and such Exhibit is incorporated into this Item 2.03 by reference and any description of the Second Modification in this Item 2.03 is qualified by such reference.

Item 9.01. Financial Statements and Exhibits.

(c) Exhibits.

Exhibit 10.1. Second Modification to Loan Documents dated effective as of October 1, 2008, modifying the Second Amended and Restated Loan and Security Agreement dated as of January 16, 2007, as amended, among Kable Media Services, Inc., Kable News Company, Inc., Kable Distribution Services, Inc., Kable News Export, Ltd., Kable News International, Inc., Kable Fulfillment Services, Inc., Kable Fulfillment Services of Ohio, Inc., Palm Coast Data Holdco, Inc., Palm Coast Data

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LLC, Kable Product Services, Inc., Kable Specialty Packaging Services LLC and Kable Staffing Resources LLC and LaSalle Bank National Association and related loan documents.