Attachment Description of Trxn.

This document pretains to SES-ASG-20091124-01494 for Assignment on a Satellite Earth Station filing.

IBFS_SESASG2009112401494_783485

Cablevision of Monmouth LLC Notification of Assignment of Authorization FCC Form 312 Exhibit 1 Description of Transaction and Public Interest Statement Cablevision of Monmouth LLC (“CML”) hereby submits the attached application notifying the FCC of the pro forma assignment, which has already occurred, of the referenced authorization (the “License”) from Cablevision of Monmouth, Inc. (“CMI”). CML, a wholly owned indirect subsidiary of Cablevision Systems Corporation (“Cablevision”),1/ uses the License in support of its provision of cable television services. On June 23, 2009, for tax reasons, Cablevision converted CMI from a corporation to a limited liability company. That conversion has, therefore, already occurred. While the ownership of CML remained the same, such a change in corporate form is treated as a pro forma assignment under the Commission’s rules.2/ As a result of a clerical oversight, however, no application for approval of the assignment was filed with the Commission. CML now wishes to correct this oversight. 1/ Cablevision is ultimately owned and controlled by the Dolan family. 2/ The FCC generally relies on Part 63 of its rules to determine how applications for, and notifications of, transfers and assignments should be treated. See Skyport Global Communications, Inc., Apparent Liability for Forfeiture, 24 FCC Rcd 3714 (2009). Pursuant to section 63.24(d), pro forma assignments include “[a]ssignment from a corporation to a corporation owned or controlled by the assignor stockholders without substantial change in their interests.” 47 C.F.R. § 62.24(d) (note 2).


Document Created: 2009-11-17 16:49:25
Document Modified: 2009-11-17 16:49:25
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