content: 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): April 22, 2018
  
  Function(x) Inc.
  (Exact name of Registrant as Specified in its Charter)
  
  Delaware
  0-13803
  33-0637631
  (State or other jurisdiction of incorporation)
  (Commission File Number)
  (I.R.S. Employer Identification Number)
  
  902 Broadway, 11th Floor
  New York, New York
  (Address of principal executive offices)
  
  
  10010
  (Zip Code)
  
  (212)  231-0092
  (Registrant's Telephone Number, including Area Code)
  
  
   (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
   (see General Instruction A.2 below):
  
  Written communications pursuant to Rule 425 under the Securities Act
  17 CFR 230.425).
  
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
  (17 CFR 240.14a-12).
  
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
  (17 CFR 240.14d-2(b)).
  
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
  (17 CFR 240.13e-4(c)).
  
  
  Item 1.01 Entry Into a Material Definitive Agreement.
  
  As reported on a Current Report on Form 8-K filed on November 13, 2017,
  Robert F.X. Sillerman ("Mr. Sillerman"), the Chairman and Chief Executive
  Officer of Function(x) Inc. (the "Company") personally guaranteed payment
  by the Company of (i) $3,179,608 under a settlement and mutual release
  agreement with the holders (excepting himself and his affiliates and the
  law firm that served as outside counsel to the Company) of the Company's
  Series G Preferred Stock, and (ii) no less than $3,000,000 under a
  note and securities purchase and mutual release agreement with the
  holders of the Rant note, which amount could increase to $4,000,000
  if payment is not made by May 24, 2018.
  
  As reported on a Current Report on Form 8-K filed on July 7, 2017, Mr.
  Sillerman personally guaranteed payment by the Company of $4,410,000
  in connection with a Securities Purchase Agreement (the "Iliad Note")
  entered into with Iliad Research and Trading, L.P. ("Iliad"). As
  reported on a Current Report on Form 8-K filed on April 20, 2018,
  such guarantee was reaffirmed in the Forbearance Agreement signed
  by Mr. Sillerman and Iliad. Pursuant to the Forbearance Agreement,
  the current amount due under the Iliad Note is $5,700,000 if paid
  prior to July 1, 2018. The actual amount due under the Iliad Note
  as of the date of the Forbearance Agreement is $6,543,166.
  
  The guarantees described above, totaling no less than $12,779,608,
  shall hereinafter be the "Guarantees".
  
  On April 22, 2018, the Company's Board of Directors (the "Board")
  reaffirmed its previous decision approval the Company entering into
  an indemnification agreement with Mr. Sillerman providing that the
  Company will indemnify him from and against any claims brought
  against him in connection with any of the Guarantees.
  
  On April 22, 2018, the Board also approved the following
  compensation for Mr. Sillerman as consideration for entering into
  the Guarantees: (i) a promissory note from the Company to Mr.
  Sillerman in the amount of $1,000,000, maturing in three (3)
  years and bearing interest at the rate of 6% per annum; (ii)
  in the event that Mr. Sillerman must fund any amounts due under
  any of the Guarantees, a promissory note from the Company in
  the amount of $100,000 per $1,000,000 funded, which note
  will mature in three (3) years and bear interest at the rate
  of 9% per annum. In the event that Mr. Sillerman's obligations
  under the Guarantees are extinguished as the result of a change
  of control of the Company, the compensation will be waived.
  
  
  SIGNATURES
  
      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.
  
  
  FUNCTION(X) INC.
  
  
  
  Date: April [__], 2018
  By:
  /s/ Robert F.X. Sillerman
  
  Name:  Robert F.X. Sillerman
  
  Title:    Executive Chairman and Chief Executive Officer
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "42618.txt", "secsgml_size_bytes": 4217}]
metadata_filer: {"company-data": {"conformed-name": "Function(x) Inc.", "cik": "0000725876", "assigned-sic": "7370", "irs-number": "330637631", "state-of-incorporation": "DE", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-35620", "film-number": "18779087"}, "business-address": {"street1": "902 BROADWAY", "street2": "11TH FLOOR", "city": "NEW YORK", "state": "NY", "zip": "10010", "phone": "212-231-0092"}, "mail-address": {"street1": "902 BROADWAY", "street2": "11TH FLOOR", "city": "NEW YORK", "state": "NY", "zip": "10010"}, "former-company": [{"former-conformed-name": "DraftDay Fantasy Sports, Inc.", "date-changed": "20160208"}, {"former-conformed-name": "Viggle Inc.", "date-changed": "20120607"}, {"former-conformed-name": "FUNCTION (X) INC.", "date-changed": "20110216"}]}
text: 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): April 22, 2018
  
  Function(x) Inc.
  (Exact name of Registrant as Specified in its Charter)
  
  Delaware
  0-13803
  33-0637631
  (State or other jurisdiction of incorporation)
  (Commission File Number)
  (I.R.S. Employer Identification Number)
  
  902 Broadway, 11th Floor
  New York, New York
  (Address of principal executive offices)
  
  10010
  (Zip Code)
  
  (212)  231-0092
  (Registrant's Telephone Number, including Area Code)
  
   (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
   (see General Instruction A.2 below):
  
  Written communications pursuant to Rule 425 under the Securities Act
  17 CFR 230.425).
  
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
  (17 CFR 240.14a-12).
  
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
  (17 CFR 240.14d-2(b)).
  
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
  (17 CFR 240.13e-4(c)).
  
  Item 1.01 Entry Into a Material Definitive Agreement.
  
  As reported on a Current Report on Form 8-K filed on November 13, 2017,
  Robert F.X. Sillerman ("Mr. Sillerman"), the Chairman and Chief Executive
  Officer of Function(x) Inc. (the "Company") personally guaranteed payment
  by the Company of (i) $3,179,608 under a settlement and mutual release
  agreement with the holders (excepting himself and his affiliates and the
  law firm that served as outside counsel to the Company) of the Company's
  Series G Preferred Stock, and (ii) no less than $3,000,000 under a
  note and securities purchase and mutual release agreement with the
  holders of the Rant note, which amount could increase to $4,000,000
  if payment is not made by May 24, 2018.
  
  As reported on a Current Report on Form 8-K filed on July 7, 2017, Mr.
  Sillerman personally guaranteed payment by the Company of $4,410,000
  in connection with a Securities Purchase Agreement (the "Iliad Note")
  entered into with Iliad Research and Trading, L.P. ("Iliad"). As
  reported on a Current Report on Form 8-K filed on April 20, 2018,
  such guarantee was reaffirmed in the Forbearance Agreement signed
  by Mr. Sillerman and Iliad. Pursuant to the Forbearance Agreement,
  the current amount due under the Iliad Note is $5,700,000 if paid
  prior to July 1, 2018. The actual amount due under the Iliad Note
  as of the date of the Forbearance Agreement is $6,543,166.
  
  The guarantees described above, totaling no less than $12,779,608,
  shall hereinafter be the "Guarantees".
  
  On April 22, 2018, the Company's Board of Directors (the "Board")
  reaffirmed its previous decision approval the Company entering into
  an indemnification agreement with Mr. Sillerman providing that the
  Company will indemnify him from and against any claims brought
  against him in connection with any of the Guarantees.
  
  On April 22, 2018, the Board also approved the following
  compensation for Mr. Sillerman as consideration for entering into
  the Guarantees: (i) a promissory note from the Company to Mr.
  Sillerman in the amount of $1,000,000, maturing in three (3)
  years and bearing interest at the rate of 6% per annum; (ii)
  in the event that Mr. Sillerman must fund any amounts due under
  any of the Guarantees, a promissory note from the Company in
  the amount of $100,000 per $1,000,000 funded, which note
  will mature in three (3) years and bear interest at the rate
  of 9% per annum. In the event that Mr. Sillerman's obligations
  under the Guarantees are extinguished as the result of a change
  of control of the Company, the compensation will be waived.
  
  SIGNATURES
  
      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.
  
  FUNCTION(X) INC.
  
  Date: April [__], 2018
  By:
  /s/ Robert F.X. Sillerman
  
  Name:  Robert F.X. Sillerman
  
  Title:    Executive Chairman and Chief Executive Officer