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): May 5, 2015





GENERAL COMMUNICATION, INC.(Exact name of registrant as specified in its charter)





State of Alaska0-1527992-0072737(State or other Jurisdiction of Incorporation or organization)Commission File Number(I.R.S Employer  Identification No.)





2550 Denali StreetSuite 1000Anchorage, Alaska99503(Address of principal executive offices)(Zip Code)





Registrant’s telephone number, including area code: (907) 868-5600





NONE(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 obligations of the registrant under any of the following provisions:





 ̈ 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))




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Section 2 - Financial Information





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|Item 2.02 | Results of Operations and Financial Condition




On May 5, 2015, General Communication, Inc. ("GCI") issued a press release announcing earnings for the three months ended March 31, 2015. A copy of the press release is attached as Exhibit 99.1.





The information in this Form 8-K and the Exhibit attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.





The earnings release attached as Exhibit 99.1 discloses the non-GAAP financial measure of Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, Amortization, Software Write-off, Derivative Instrument Unrealized Loss, Share-based Compensation Expense, Accretion Expense, Loss Attributable to Non-controlling Interests resulting from New Markets Tax Credit transactions, and Other Non-cash Adjustments plus Imputed Interest on Financed Devices) for the three months ended March 31, 2015, March 31, 2014, and December 31, 2014. Adjusted EBITDA has been reconciled to the closely related GAAP financial measure, Net Income (Loss), within the earnings release.





Adjusted EBITDA is the sum of net income (loss), interest expense (including amortization of deferred loan fees), interest income, income tax (expense) benefit, depreciation and amortization expense, software write-off, derivative instrument unrealized loss, share-based compensation, accretion expense, loss attributable to non-controlling interests resulting from New Markets Tax Credit transactions, and other non-cash adjustments plus imputed interest on financed devices. Adjusted EBITDA is not presented as an alternative measure of net income, operating income or cash flow from operations, as determined in accordance with accounting principles generally accepted in the United States of America.  GCI's management uses Adjusted EBITDA to evaluate the operating performance of its business, and as a measure of performance for incentive compensation purposes.  GCI believes Adjusted EBITDA is a measure used as an analytical indicator of income generated to service debt and fund capital expenditures.  In addition, multiples of current or projected Adjusted EBITDA are used to estimate current or prospective enterprise value.  Adjusted EBITDA does not give effect to cash used for debt service requirements, and thus does not reflect funds available for investment or other discretionary uses.  Adjusted EBITDA as presented herein may not be comparable to similarly titled measures reported by other companies.





Section 9 - Financial Statements and Exhibits





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|--------- | ---------------------------------
|Item 9.01 | Financial Statements and Exhibits




(d) ExhibitsExhibitNumberDescription99.1Press Release issued by General Communication, Inc. on May 5, 2015







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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.





GENERAL COMMUNICATION, INC.(Registrant)Date: May 6, 2015By/s/ Peter J. PoundsName: Peter J. PoundsTitle:  Senior Vice President,Chief Financial Officer,and Secretary(Principal Financial Officer)







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Exhibit IndexExhibit No.Description99.1Press Release issued by General Communication, Inc. on May 5, 2015