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): March 20, 2009

WORLDSPACE, INC.

(Exact Name of Registrant as Specified in Charter)

STATE OF DELAWARE

000-51466

52-1732881

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(I.R.S. Employer

Identification No.)


8515 Georgia Avenue, Silver Spring, MD		20910
(Address of Principal Executive Offices)		(Zip Code)

(301) 960-1200

(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:

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

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

¨	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 8.01

Other Events.

On March 20, 2009, WorldSpace, Inc. (the “Company”) issued a press release, which is attached hereto as Exhibit 99.1, stating that United States Bankruptcy Court in Delaware approved the sale of substantially all of the assets related to the satellite radio business of it and its U.S. subsidiaries to Yenura Pte. Ltd. for a total purchase price of $28 million cash, the assumption of certain liabilities, and the subordination and release of certain claims.

Item 9.01

Financial Statements and Exhibits.

(a)	Not applicable.

(b)	Not applicable.

(c)	Not applicable.

(d)	The following exhibit is filed as part of this report:

Exhibit 99.1 Press Release of WorldSpace, Inc., dated March 20, 2009.

SIGNATURES

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

Date: March 20, 2009


WORLDSPACE, INC.
(Registrant)

By:		/s/ Donald J. Frickel
Name:		Donald J. Frickel
Title:		Executive Vice President, General Counsel and Secretary

EXHIBIT INDEX


Number		Exhibit
Exhibit 99.1		Press Release of WorldSpace, Inc., dated March 20, 2009.

WorldSpace, Inc 8-K