Item 8.01 Other Events

The Company has learned that on January 30, 2009, Gamco Investors, Inc. and others, including Mario Gabelli, filed a 13D Amendment with the Securities and Exchange Commission reporting in Item 4 that on January 29, 2009, Gabelli Funds, LLC had filed a complaint, both individually and derivatively, on behalf of the Company, in the United States District Court for the Southern District of New York against four of the Company's directors, Richard Brandt, Thomas Brandt, Matthew Brandt and Michael R. Mulcahy, and the Company as a nominal defendant. The alleged basis for the complaint is the July 2008 transaction in which the Company sold assets of its Entertainment Division to Storyteller Theaters Corporation. A copy of the complaint is attached as an exhibit to such 13D filing. The Company and the other defendants have not yet been served, but, management and the Company's law firm believes the claims asserted in the lawsuit against it and the directors are without any merit and intends to defend against those claims vigorously.