13G Filing: Okumus Fund Management and Ascent Capital Group Inc. (ASCMA)

UNITED
STATES

SECURITIES
AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

SCHEDULE
13G

Under the Securities Exchange Act of 1934

(Amendment No. 4)*

Ascent Capital Group, Inc.

(Name of Issuer)

Series A Common Stock, $.01 par value

(Title of Class of Securities)

043632108

(CUSIP Number)

October 17, 2017

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule
pursuant to which this Schedule is filed:

[_] Rule 13d-1(b)

[X] Rule 13d-1(c)

[_] Rule 13d-1(d)

__________

*The remainder of this cover page shall be
filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent
amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of
this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934
(“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions
of the Act (however, see the Notes).