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) June 3 20, ~~2002~~2003

KDSM, INC.

KDSM, LLC
(Exact name of registrant as specified in its charter)

Maryland	333-26427-01	55-0829966
(State or other jurisdiction of incorporation or organization)	(Commission File No.)	(I.R.S. Employer Identification No.)

10706 Beaver Dam Rd., Hunt Valley, MD 21030
(Address of principal executive offices and zip code)

(410) 568-1500
(Registrant’s telephone number, including area code)

~~(Exact~~KDSM, ~~name of registrant as specified in its charter)~~INC.

Maryland	333-26427-01	52-1975792
(State or other jurisdiction of	(Commission File No.)	(I.R.S. Employer Identification No.)
incorporation or organization)

(Former name or former address if changed from last report)

10706 Beaver Dam Rd., Hunt Valley, MD 21030

Sinclair Capital
(Exact name of Registrant as specified in its charter)

Delaware		52-2026076
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

10706 Beaver Dam Rd., Hunt Valley, MD 21030
(Address of principal executive offices and zip code)

(410) 568-1500
(Registrants telephone number, including area code)

~~(Address~~Item of5. ~~principal executive~~Other ~~offices and zip code)~~Events

~~(410)~~On June ~~568-1500~~20, 2003, KDSM, Inc., a Maryland corporation, merged with and into KDSM LLC, a Maryland limited liability company. KDSM LLC was the surviving entity of that merger and is the successor to KDSM, Inc.

~~(Registrant’s~~Also on ~~telephone~~June 20, 2003, Sinclair Broadcast Group, Inc. a Maryland corporation and the ~~number~~indirect parent of KDSM LLC and Sinclair Capital, ~~including~~a ~~area~~Delaware ~~code)~~business trust, announced the redemption of the 11.625% High Yield Trust Originated Preferred Securities as described in the attached press release.

~~Sinclair Capital~~Item 7. Financial Statements and Exhibits

~~(Exact~~No ~~name~~financial ofstatements are ~~Registrant~~filed as ~~specified~~ inpart ~~its~~of ~~charter)~~this report.

Delaware				52-2026076
(State or other jurisdiction of				(I.R.S. Employer Identification No.)
incorporation or organization)

The following exhibit is filed as part of this report:

~~2000 West~~Exhibit ~~41st~~99.1 ~~Street~~Sinclair Broadcast Group, ~~Baltimore~~Inc. Press Release (Dated June 20, MD2003) ~~21211~~– Sinclair Announces Redemption Of 11.625% High Yield Trust Originated Preferred Securities Due 2009

~~(Address of principle executive offices and zip code)~~2

~~(410) 467-5005~~SIGNATURE

~~(Registrants~~Pursuant ~~telephone~~to the ~~number~~requirements of the Securities Exchange Act of 1934, ~~including~~the ~~area~~registrant ~~code)~~has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ITEM 4. CHANGES IN REGISTRANT’S CERTIFYING ACCOUNTANT.

	KDSM, LLC

Dated: June 24, 2003	By:	/s/ David B. Amy
	Name:		David B. Amy
	Title:		Principal Accounting Officer

~~Pursuant to a recommendation by the Audit Committee of the Board of Directors of KDSM, Inc. and subsidiaries (“KDSM”) and approval by the Board of Directors, effective June~~ 3, 2002, we dismissed Arthur Andersen LLP as our independent public accountants and we engaged Ernst & Young LLP to serve as our independent public accountants for the fiscal year ending December 31, 2002.

Arthur Andersen’s reports on KDSM’s consolidated financial statements for each of the past two years ended December 31, 2001 and December 31, 2000 did not contain an adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles.

During the two most recent fiscal years ended December 31, 2001 and 2000, and through the date of this Form 8-K, there were no disagreements with Arthur Andersen on any matter of accounting principle or practice, financial statement disclosure, or auditing scope or procedure which, if not resolved to Arthur Andersen’s satisfaction, would have caused them to make reference to the subject matter in connection with their report on KDSM’s consolidated financial statements for such years; and there were no reportable events as defined in Item 304(a)(1)(v) of Regulation S-K.

KDSM provided Arthur Andersen with a copy of the foregoing disclosures. Attached as Exhibit 16 is a copy of Arthur Andersen’s letter, dated June 3, 2002, stating its agreement with such statements.

During the two most recent fiscal years ended December 31, 2001 and 2000, and through the date of this Form 8-K, KDSM did not consult Ernst &Young with respect to the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on KDSM’s consolidated financial statements, or any other matters or reportable events as set forth in Items 304(a)(2)(i) and (ii) of Regulation S-K.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

c) Exhibits

	Exhibit
	No.		Description of Exhibit
	16		Letter from Arthur Andersen LLP to the Securities and Exchange Commission Dated June 3, 2002

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	KDSM, INC.
	By:	/s/ David B. Amy
Dated: June 3, 2002	Name:		David B. Amy
	Title:		Principal Accounting Officer

Maryland

333-26427-01

55-0829966

ITEM 4. CHANGES IN REGISTRANT’S CERTIFYING ACCOUNTANT.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

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