Attachment Exhibit F

This document pretains to SAT-T/C-20111116-00220 for Transfer of Control on a Satellite Space Stations filing.

IBFS_SATTC2011111600220_926763

Exhibit F

              DESCRIPTION OF THE PROPOSED PRO FORMA ASSIGNMENT
                       AND PUBLIC INTEREST STATEMENT1

       This application seeks Commission consent to the pro forma transfer of control and
assignments of the licenses and applications listed in this application as a result of an internal
corporate reorganization among DIRECTV and certain of its wholly-owned subsidiaries,
including DIRECTV Enterprises, LLC (“Enterprises”), DIRECTV, Inc. (“DTVI”),2 and LABC
Productions, LLC (“LABC”), each of which holds at least one Commission license.3

       This transaction will: (1) transfer the licenses held by DTVI and LABC into Enterprises,
which already holds the vast majority of licenses under DIRECTV’s control; and (2) add a new,
intermediate limited liability entity—to be named DIRECTV, LLC (“New LLC”)—between
Enterprises and its ultimate parent, DIRECTV. Thus, both ultimate control of the licenses and
100 percent indirect ownership of each license will remain with DIRECTV and its shareholders.
As such, this transaction qualifies as a non-substantial, or pro forma, transfer of control under the
Commission’s rules. 4

I.       Background and Existing Corporate Structure

       The vast majority of DIRECTV’s satellite and radio licenses are now held by Enterprises,
a Delaware limited liability corporation. As set forth in Figure 1, below, Enterprises directly and
wholly owns both DTVI, a California corporation, and DIRECTV Operations, LLC
(“Operations”), a California limited liability company. DTVI, in turn, indirectly wholly owns
LABC, a California limited liability company.

       Enterprises is directly wholly owned by DIRECTV Holdings, LLC (“Holdings”), a
Delaware limited liability company. Holdings is directly wholly owned by The DIRECTV
Group, Inc. (“DTVG”), a Delaware corporation. DTVG is indirectly wholly owned by
DIRECTV, a Delaware corporation. DIRECTV in turn is owned by its shareholders, a large and
diverse group primarily composed of institutional and other public shareholders.


1
     Enterprises also holds one blanket earth station license for up to one million earth stations to communicate with
     the D1R satellite in the Ku-Band at 72.5º W.L. See SES-MFS-20061213-02157, call sign E040024. However,
     Enterprises intends to cease service under that blanket license prior to consummating the transaction at issue in
     this application.
2
     DTVI also holds a license with a separate FCC Registration Number—6400899—that is designated as
     “DIRECTV-LABC.” As DTVI holds the license, and DIRECTV-LABC is not itself a corporate entity, DTVI is
     the applicant with respect to that license.
3
     47 C.F.R. §25.119.
4
     To the extent that Enterprises has received authority to operate any of the licenses identified in this application
     under special temporary authority at the time this assignment is consummated, DIRECTV requests a
     determination by the Commission that the grant of this Application includes authority for DIRECTV to assign
     such temporary authorizations.


                     Figure One: Existing Corporate Structure (Abbreviated)



                                                DiRECTV




                                               Eiess


                             DTVI (Licenses)                es




IL     Description of Transaction and Public Interest Benefits

        In a series of interrelated transactions, DIRECTV will: (1) merge DTVI into Operations;
(2) Rename Operations as New LLC; (3) place newly—named New LLC between Holdings and
Enterprises; and (4) reassign certain company functions between New LLC and Enterprises—
including assigningall licenses now held by DTVI and LABC to Enterprises. DIRECTV‘s new
abbreviated corporate structure will look as follows:


                        Figure Two: Post Transaction Corporate Structure


                                                DIRECTV




                                           Enterpnses (L1censes)   LABC (no hcense)




        As discussed above, each of the licenses referenced in this transaction will remain with
entities ultimately wholly owned by DIRECTV. Indeed, most will remain with Ente1prises itself
(while the remainder will be assigned to Ente1prises). As such, this proposed transaction
qualifies for pro forma treatment by the Commission.

        The proposed c01porate reorganization will permit DIRECTV to operate more efficiently.
Moreover, from a regulat01y perspective, it will enable DIRECTV to consolidate licenses that
are now held by three separate, wholly-owned c01p orate entities (Ente1prises, DTVI, and LABC)
into a single entity, Ente1prises, thereby simplifying regulat01y compliance. Accordingly,
Ente1prises respectfully requests that the Commission consent to the proposed pro forma transfer
and assignment.


                               Authorizations to be Transferred

International Bureau Authorizations

Licensee/Registrant                                               Call Sign

DIRECTV Enterprises, LLC
Satellite Space Stations-DBS                                      S2430
                                                                  S2455
                                                                  S2632
                                                                  S2669
                                                                  S2673
                                                                  S2693

DIRECTV Enterprises, LLC                                          S2132
Satellite Space Stations – Ka-Band                                S2133
                                                                  S2191
                                                                  S2797
                                                                  S2711
                                                                  S2712
                                                                  S2796
                                                                  S2640
                                                                  S2641
                                                                  S2689

DIRECTV Enterprises, LLC                                          E010129
Satellite Earth Stations – Transmit/Receive                       E010130
                                                                  E010237
                                                                  E020172
                                                                  E020241
                                                                  E020242
                                                                  E030105
                                                                  E030117
                                                                  E050112
                                                                  E050113
                                                                  E050121
                                                                  E050122
                                                                  E050229
                                                                  E050230
                                                                  E050255
                                                                  E050286
                                                                  E060014
                                                                  E060187
                                                                  E060188
                                                                  E060236


                                           E060298
                                           E060299
                                           E060441
                                           E070002
                                           E070023
                                           E070027
                                           E070073
                                           E070074
                                           E070111
                                           E070122
                                           E070123
                                           E080025
                                           E080026
                                           E080027
                                           E080028
                                           E080056
                                           E080057
                                           E090024
                                           E090025
                                           E090068
                                           E090076
                                           E090088
                                           E090107
                                           E090173
                                           E100079
                                           E100080
                                           E100119
                                           E100120
                                           E100121
                                           E100122
                                           E110004
                                           E930191
                                           E930229
                                           E930304
                                           E930485
                                           E950349
                                           E980285
                                           E990159
                                           E990545

DIRECTV Enterprises, LLC                   E050340
Satellite Earth Stations – Transmit Only

DIRECTV Enterprises, LLC                   E040179
Satellite Earth Stations – Receive Only    E040180
                                           E090069


                                                               E980170
                                                               E980341

DIRECTV Enterprises, LLC                                       WPZC401
Radio Service YG

                               Authorizations to be Assigned

International Bureau Authorizations

Licensee/Registrant                                            Call Sign

DIRECTV, Inc. (a/k/a DIRECTV – LABC)                           WPTZ691
Land Mobile Radio

LABC Productions, LLC                                          WQIU946
Radio Service LP

DIRECTV Inc.                                                   WQHM919
Radio Service IG



Document Created: 2019-04-11 00:37:12
Document Modified: 2019-04-11 00:37:12

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