SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
              ----------------------------------------------------

                                  SCHEDULE 13D

                                (Amendment No. 1)

                    Under the Securities Exchange Act of 1934


                       SCANDINAVIAN BROADCASTING SYSTEM SA
                                (Name of Issuer)

                                  Common Shares
                         (Title of Class of Securities)

                                  L 8137 H 10 8
                                 (CUSIP Number)

                            Philippe P. Dauman, Esq.
                                   Viacom Inc.
                                  1515 Broadway
                            New York, New York 10036
                            Telephone: (212) 258-6000
                     (Name, Address and Telephone Number of
                    Person Authorized to Receive Notices and
                                 Communications)


                                January 17, 1996
             (Date of Event which Requires Filing of this Statement)

               ---------------------------------------------------

     If the filing  person has  previously  filed a statement on Schedule 13G to
report the acquisition  which is the subject of this Schedule 13D, and is filing
this schedule  because of Rule  13d-1(b)(3)  or (4), check the following box / /
Check the following box if a fee is being paid with this statement / /.


                                  Page 1 of 11




CUSIP No. L8137 H 10 8

(1)     Name of Reporting Person
        S.S. or I.R.S. Identification No. of Above Person
                VIACOM INTERNATIONAL (NETHERLANDS) B.V.
- -----------------------------------------------------------------------------
                I.R.S. Identification No. N/A
- -----------------------------------------------------------------------------

(2)     Check the Appropriate Box if a Member of a Group (See Instructions)

/ /     (a)------------------------------------------------------------------
/ /     (b)------------------------------------------------------------------
- - -----------------------------------------------------------------------------

(3)     SEC Use Only---------------------------------------------------------
- - -----------------------------------------------------------------------------

(4)     Sources of Funds (See Instructions)          WC
                                             --------------------------------
- - -----------------------------------------------------------------------------

(5)     Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e).----------------------------------------------------------

(6)     Citizenship or Place of Organization    The Netherlands
                                             --------------------------------
- ----------
 Number of      (7)  Sole Voting Power---------------------------------------
 Shares
 Beneficially   (8)  Shared Voting Power        1,000,000*
  Owned by                                 ----------------------------------
    Each        (9)  Sole Dispositive Power----------------------------------
Reporting
  Person        (10) Shared Dispositive Power  1,000,000*
   With                                       -------------------------------
- ---------

(11)    Aggregate Amount Beneficially Owned by Each
        Reporting Person     1,000,000*
                         ----------------------------------------------------

(12)    Check if the Aggregate Amount in Row (11) Excludes Certain Shares
        (See Instructions)---------------------------------------------------

(13)    Percent of Class Represented by Amount in Row (11)
              approximately 6.67%**
- ----------------------------------------------------------------------------

(14)    Type of Reporting Person (See Instructions)     CO
                                                     ------------------------
* Number of shares to be acquired pursuant to currently exercisable
  Warrant.  See Item 3.
**Based upon full exercise of Warrant.

                                  Page 2 of 11





CUSIP No. L8137 H 10 8

(1)     Name of Reporting Person
        S.S. or I.R.S. Identification No. of Above Person
                VIACOM INTERNATIONAL INC.
- -----------------------------------------------------------------------------
                I.R.S. Identification No. 04-2980402
- ----------------------------------------------------------------------------

(2)     Check the Appropriate Box if a Member of a Group (See Instructions)

/ /     (a)------------------------------------------------------------------
/ /     (b)------------------------------------------------------------------

(3)     SEC Use Only---------------------------------------------------------
- ----------------------------------------------------------------------------

(4)     Sources of Funds (See Instructions)        WC***
                                             --------------------------------

(5)     Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e).----------------------------------------------------------

(6)     Citizenship or Place of Organization    Delaware
                                             --------------------------------
- ---------
 Number of      (7)  Sole Voting Power---------------------------------------
 Shares
 Beneficially   (8)  Shared Voting Power        1,000,000*
  Owned by                                 ----------------------------------
   Each         (9)  Sole Dispositive Power----------------------------------
Reporting
  Person        (10) Shared Dispositive Power  1,000,000*
   With                                       ------------------------------
- ----------

(11)  Aggregate Amount Beneficially Owned by Each
      Reporting Person         1,000,000*
                            -------------------------------------------------

(12)  Check if the Aggregate Amount in Row (11) Excludes Certain Shares
      (See Instructions)-----------------------------------------------------

(13)  Percent of Class Represented by Amount in Row (11) approximately 6.67%**
                                                        ----------------------

(14)    Type of Reporting Person (See Instructions)     CO
                                                     ------------------------

*  Number of shares to be acquired pursuant to currently exercisable
   Warrant.  See Item 3.
** Based upon full exercise of Warrant.
***Working Capital of Paramount Communications B.V.

                                  Page 3 of 11





CUSIP No. L8137 H 10 8

(1)     Name of Reporting Person
        S.S. or I.R.S. Identification No. of Above Person
                VIACOM INC.
- -----------------------------------------------------------------------------
                I.R.S. Identification No. 04-2949533
- ----------------------------------------------------------------------------

(2)     Check the Appropriate Box if a Member of a Group (See Instructions)

/ /     (a)------------------------------------------------------------------
/ /     (b)------------------------------------------------------------------
- ----------------------------------------------------------------------------

(3)     SEC Use Only---------------------------------------------------------
- ----------------------------------------------------------------------------

(4)     Sources of Funds (See Instructions)       WC***
                                             --------------------------------

(5)     Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e).----------------------------------------------------------

(6)     Citizenship or Place of Organization    Delaware
                                             --------------------------------
- - ----------
 Number of      (7)  Sole Voting Power---------------------------------------
 Shares
 Beneficially   (8)  Shared Voting Power        1,000,000*
  Owned by                                -----------------------------------
    Each        (9)  Sole Dispositive Power----------------------------------
Reporting
  Person        (10) Shared Dispositive Power  1,000,000*
   With                                       -------------------------------
- - ----------

(11) Aggregate Amount Beneficially Owned by Each Reporting Person  1,000,000*
                                                                  -----------
(12)    Check if the Aggregate Amount in Row (11) Excludes Certain Shares
        (See Instructions)---------------------------------------------------

(13)    Percent of Class Represented by Amount in Row (11)
              approximately 6.67%**
- -----------------------------------------------------------------------------

(14)    Type of Reporting Person (See Instructions)     CO
                                                    -------------------------

*  Number of shares to be acquired pursuant to currently exercisable
   Warrant.  See Item 3.
** Based upon full exercise of Warrant.
***Working Capital of Paramount Communications B.V.



                                  Page 4 of 11




CUSIP No.  L 8137 H 10 8

(1)     Name of Reporting Person
        S.S. or I.R.S. Identification No. of Above Person
                SUMNER M. REDSTONE
- -----------------------------------------------------------------------------
                S.S. No.
- -----------------------------------------------------------------------------

(2)     Check the Appropriate Box if a Member of a Group (See Instructions)

/ /     (a)------------------------------------------------------------------
/ /     (b)------------------------------------------------------------------
- ----------------------------------------------------------------------------

(3)     SEC Use Only---------------------------------------------------------
- ----------------------------------------------------------------------------

(4)     Sources of Funds (See Instructions)       WC***
                                             --------------------------------

(5)     Check if Disclosure of Legal Proceedings is Required Pursuant to
        Items 2(d) or 2(e).--------------------------------------------------

(6)     Citizenship or Place of Organization    United States
                                             --------------------------------
- - ----------
 Number of       (7)  Sole Voting Power--------------------------------------
   Shares
Beneficially     (8)  Shared Voting Power       1,000,000*
  Owned by                                 ----------------------------------
   Each          (9)  Sole Dispositive Power---------------------------------
  Person
   With         (10)  Shared Dispositive Power     1,000,000*
- - ----------                                     ------------------------------

(11)    Aggregate Amount Beneficially Owned by Each Reporting
        Person        1,000,000*
                  -----------------------------------------------------------

(12)    Check if the Aggregate Amount in Row (11) Excludes Certain Shares
       (See Instructions)----------------------------------------------------

(13)    Percent of Class Represented by Amount in Row (11)
        approximately 6.67%**
- ----------------------------------------------------------------------------

(14)    Type of Reporting Person (See Instructions)   IN
                                                    -------------------------

*  Number of shares to be acquired pursuant to currently exercisable
   Warrant.  See Item 3.
** Based upon full exercise of Warrant.
***Working Capital of Paramount Communications B.V.


                                  Page 5 of 11





     The Schedule 13D,  previously  filed by the undersigned with respect to the
Common Stock, par value $1.50 per share, of Scandinavian Broadcasting System SA,
is hereby amended as follows:

Item 2  Identity and Background
        -----------------------

     Item 2 is amended and  supplemented  to report the current list of officers
and  directors of Viacom Inc. on Schedule I hereto,  which  became  effective on
January 17, 1996.


                                  Page 6 of 11





Signature
- - ---------

     After  reasonable  inquiry and to the best of our knowledge and belief,  we
certify that the information  set forth in this Statement is true,  complete and
correct.

January 23, 1996                             VIACOM INTERNATIONAL
                                             (NETHERLANDS) B.V.


                                             By:  /s/ Philippe P. Dauman
                                                 ----------------------------
                                                 Name:  Philippe P. Dauman
                                                 Title: Director


                                             VIACOM INTERNATIONAL INC.


                                             By:  /s/ Michael D. Fricklas
                                                -----------------------------
                                                Name:   Michael D. Fricklas
                                                Title:  Senior Vice President,
                                                        Deputy General Counsel


                                             VIACOM INC.


                                             By:  /s/ Michael D. Fricklas
                                                 ----------------------------
                                                 Name:   Michael D. Fricklas
                                                 Title:  Senior Vice President,
                                                         Deputy General Counsel


                                        *
                           -------------------------------------
                           Sumner M. Redstone, Individually


*By   /s/ Michael D. Fricklas
    -----------------------------
        Michael D. Fricklas
        Attorney-in-Fact
        under the Limited Power of
        Attorney filed as Exhibit 99.2
        to the Statement



                                  Page 7 of 11





                                   Schedule I
                               Executive Officers

Name and Address of Corporation or Business or Principal Occupation Other Organization in Name Residence Address or Employment Which Employed - - ---- ----------------- -------------------- ------------------------ Sumner M. Redstone* Viacom Inc. Chairman of the Board and National Amusements, Inc. 1515 Broadway Chief Executive Officer 200 Elm Street New York, NY 10036 of Viacom; Chairman of Dedham, MA 02026 the Board and President, Chief Executive Officer of National Amusements, Inc. Vaughn A. Clarke Viacom Inc. Sr. VP, Treasurer of Viacom International Inc. 1515 Broadway Viacom 1515 Broadway New York, NY l0016 New York, NY 10036 Philippe P. Dauman* Viacom Inc. Deputy Chairman, Viacom International Inc. 1515 Broadway Executive VP, General 1515 Broadway New York, NY l0016 Counsel, Chief New York, NY 10036 Administrative Officer and Secretary of Viacom Thomas E. Dooley* Viacom Inc. Deputy Chairman, Viacom International Inc. 1515 Broadway Executive VP, Finance, 1515 Broadway New York, NY l0016 Corporate Development New York, NY 10036 and Communications of Viacom
- - --------------- *Also a Director Page 8 of 11 Schedule I (Continued)
Name and Address of Corporation or Business or Principal Occupation Other Organization in Name Residence Address or Employment Which Employed - - ---- ----------------- -------------------- ------------------------ Carl D. Folta Viacom Inc. Sr. VP, Corporate Viacom International Inc. 1515 Broadway Relations of Viacom 1515 Broadway New York, NY 10036 New York, NY 10036 Michael D. Fricklas Viacom Inc. Sr. VP, Deputy General Viacom International Inc. 1515 Broadway Counsel and Assistant 1515 Broadway New York, NY 10036 Secretary of Viacom New York, NY 10036 Susan C. Gordon Viacom Inc. Vice President, Viacom International Inc. 1515 Broadway Controller, Chief 1515 Broadway New York, NY 10036 Accounting Officer New York, NY 10036 of Viacom Rudolph L. Hertlein Viacom Inc. Sr. VP of Viacom Viacom International Inc. 1515 Broadway 1515 Broadway New York, NY 10036 New York, NY 10036 Edward D. Horowitz Viacom Inc. Sr. VP, Technology of Viacom International Inc. 1515 Broadway Viacom; Chairman, Chief 1515 Broadway New York, NY 10036 Executive Officer of New York, NY 10036 New Media and Interactive Television
Page 9 of 11 Schedule I (Continued)
Name and Address of Corporation or Business or Principal Occupation Other Organization in Name Residence Address or Employment Which Employed - - ---- ----------------- -------------------- ------------------------ Henry Leingang Viacom Inc. Sr. VP, Chief Viacom International Inc. 1515 Broadway Information Officer 1515 Broadway New York, NY 10036 of Viacom New York, NY l0036 William A. Roskin Viacom Inc. Sr. VP, Human Viacom International Inc. 1515 Broadway Resources and 1515 Broadway New York, NY 10036 Administration of Viacom New York, NY l0036 George S. Smith, Jr. Viacom Inc. Sr. VP, Chief Viacom International Inc. 1515 Broadway Financial Officer of 1515 Broadway New York, NY 10036 Viacom New York, NY l0036 Mark M. Weinstein Viacom Inc. Sr. VP, Government Viacom International Inc. 1515 Broadway Affairs of Viacom 1515 Broadway New York, NY 10036 New York, NY l0036 Directors George S. Abrams Winer & Abrams Attorney Winer & Abrams One Court Street One Court Street Boston, MA 02108 Boston, MA 02108 Steven R. Berrard Blockbuster Entertainment President and Chief Blockbuster Entertainment Group Group Executive Officer of One Blockbuster Plaza One Blockbuster Plaza Viacom's Blockbuster Fort Lauderdale, FL 33301 Fort Lauderdale, FL 33301 Entertainment Group
Page 10 of 11 Schedule I (Continued)
Name and Address of Corporation or Business or Principal Occupation Other Organization in Name Residence Address or Employment Which Employed - - ---- ----------------- -------------------- ------------------------ George D. Johnson, Jr. Blockbuster Entertainment President -- Domestic Blockbuster Entertainment Group Group Consumer Division of One Blockbuster Plaza One Blockbuster Plaza Viacom's Blockbuster Fort Lauderdale, FL 33301 Fort Lauderdale, FL 33301 Entertainment Group Ken Miller C.S. First Boston Vice Chairman of C.S. First Boston Park Avenue Plaza C.S. First Boston Park Avenue Plaza 55 East 52nd Street 55 East 52nd Street New York, NY 10055 New York, NY 10055 Brent D. Redstone 31270 Eagle Crest Lane Self-Employed National Amusements, Inc. Evergreen, CO 80439 200 Elm Street (Residence) Dedham, MA 02026 Shari Redstone National Amusements, Inc. Executive Vice National Amusements, Inc. 200 Elm Street President of 200 Elm Street Dedham, MA 02026 National Amusements, Inc. Dedham, MA 02026 Frederic V. Salerno NYNEX Corporation Vice Chairman -- NYNEX Corporation 335 Madison Avenue Finance and Business 335 Madison Avenue New York, NY 10033 Development of NYNEX New York, NY 10033 William Schwartz Yeshiva University VP for Academic Yeshiva University 2495 Amsterdam Avenue Affairs (chief 2495 Amsterdam Avenue New York, NY 10033 academic officer) New York, NY 10033 of Yeshiva University Ivan Seidenberg NYNEX Corporation Chairman of the Board NYNEX Corporation 335 Madison Avenue and Chief Executive 335 Madison Avenue New York, NY 10017 Officer of NYNEX New York, NY 10017
Page 11 of 11