Real Party in Interest

0007-EX-TU-2013 Text Documents

Scripps Media, Inc.

2013-02-08ELS_133356

OET Experimental License WG2XIX Involuntary Transfer of Control Application Real Party in Interest Scripps Media, Inc., licensee of WG2XIX, is controlled by The E.W. Scripps Company (the “Company”), FRN # 0005075494. The Company, in turn, was controlled for many years by the Edward W. Scripps Trust (the “Trust”), FRN # 0019939123. The Trust terminated by its terms upon the death of Robert P. Scripps, Jr., the last measuring life of the Trust, on October 18, 2012. After the death of Robert P. Scripps, the Trust’s three trustees continued as record holder of all the Trust’s voting shares in the Company. On January 22, 2013, the Court of Common Pleas, Probate Division, Butler County, Ohio (the “Probate Court”) entered an order (the “Order”) directing distribution of the Trust’s shares in the Company to its beneficiaries as soon as practicable and immediately limiting the voting authority of the Trustees with respect to the voting shares pending their distribution. (The parties to this proceeding are bound by a protective order issued by the Probate Court that seals pleadings and orders and limits disclosure with respect to the proceedings, but the applicable terms of the Order are fully described in a Schedule 13D that the Company filed with the Securities and Exchange Commission on January 24, 2013.) A voting agreement with respect to the Company’s voting stock exists among certain of the Trust’s beneficiaries and other descendants of Edward W. Scripps (together the “Scripps Family Shareholders”). In addition to enjoying certain voting rights set by the Order as of January 22, the Scripps Family Shareholders, upon distribution of the Trust’s voting shares, will control approximately 91.9% of the voting shares and 43.0% of the Company’s total equity. However, none of the Scripps Family Shareholders will have a direct or beneficial interest in voting shares that would constitute 10% or more of the voting shares controlled under the voting agreement (nor 10% or more of the total voting stock in the Company). All the Scripps Family Shareholders are U.S. citizens or trusts and have a business address at 334 Beechwood Road, Suite 400, Fort Mitchell, Kentucky 41017. Applications to reflect this ownership change have been filed across the FCC’s various databases (broadcast, ULS, International). To ensure that the FCC’s ownership records are complete, this application for transfer of control for experimental station WG2XIX is the final application to be filed.


Document Created: 2013-02-08 11:20:10
Document Modified: 2013-02-08 11:20:10
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