UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~July~~December 1714, 2009

HERE MEDIA INC.
(Exact name of registrant as specified in its charter)


DELAWARE	000-53690	26-3962587
(State or other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)


10990 Wilshire Boulevard Penthouse Los Angeles, California		90024
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (310) 806-4288

(Former name or former address if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~ITEM~~Item 21.0501 ~~Costs~~Entry ~~Associated~~Into ~~with~~a ~~Exit~~Material orDefinitive ~~Disposal Activities~~Agreement

On ~~July~~December 1714, 2009, ~~the~~Here ~~Company’s~~Media management committed to a restructuring plan to align the Company’s resources with its strategic business objectives and to eliminate redundancies resulting from its business combination with PlanetOut Inc., ~~that~~Here ~~was~~Publishing ~~completed in June 2009~~Inc. ~~The restructuring included a reduction of the Company’s total workforce by approximately 24%~~, orPlanetOut ~~a total of 39 employees~~Inc., and ~~the~~Here ~~consolidation~~Networks ~~of certain facilities~~L. ~~Restructuring costs of~~L.C. ~~approximately~~(individually ~~$786,000,~~and ~~related to employee severance benefits of approximately $243~~collectively,~~000~~ ~~and~~the ~~net~~“Company”) ~~facilities consolidation~~entered ~~expenses~~into ~~of approximately $543,000, which include~~ a ~~non-cash~~factoring ~~benefit~~agreement ~~of approximately $95,000 related to~~ (the ~~reversal~~“Agreement”) ofwith ~~deferred~~Amegy ~~rent accruals net of leasehold improvement write-offs, were recorded during the three months~~Bank ~~ended~~National ~~September 30,~~Association ~~2009. The~~(“Amegy”) ~~Company~~providing ~~expects~~a tofacility bewith ~~able~~which to ~~complete~~finance ~~this~~accounts ~~restructuring~~receivable ~~in the fourth quarter~~ of ~~fiscal~~ ~~2009, with certain payments continuing beyond~~ the ~~fourth quarter of fiscal 2009 in accordance with the terms of existing severance and other agreements~~Company.

~~Pursuant~~Paul toA. ~~the~~Colichman, ~~requirements~~Chief Executive Officer and President of the ~~Securities~~Company, ~~Exchange~~and ~~Act~~Stephen ofP. ~~1934~~Jarchow, Chairman of the Board ~~registrant~~of ~~has~~the ~~duly~~Company, ~~caused~~both ~~this~~of ~~report~~whom toare substantial stockholders of the Company, have provided limited guaranties, each bein ~~signed~~the onmaximum ~~its~~amount ~~behalf~~of by$1,500,000, of the ~~undersigned~~Company’s obligations ~~thereunto~~under ~~duly~~the ~~authorized~~Agreement.

~~Date:~~Pursuant ~~November 12~~to the requirements of the Securities Exchange Act of 1934, ~~2009~~the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

~~HERE~~Date: ~~MEDIA~~December 18, ~~INC.~~2009

~~By: /s/~~HERE ~~Paul~~MEDIA AINC. ~~Colichman~~

By: /s/ Paul A. Colichman Name: Paul A. Colichman Title: Chief Executive Officer and President

Filing Compare · Here Media Inc.