Attachment Exhibit E

This document pretains to SES-ASG-20100127-00124 for Assignment on a Satellite Earth Station filing.

IBFS_SESASG2010012700124_797126

                                                                                       FCC Form 312
                                                                                        January 2010
                                                                                          Page 1 of 2




                                             EXHIBIT E

                   Description of Transaction and Assignee Information


        The instant application seeks Commission consent to the assignment of the two
fixed satellite earth stations referenced herein1 from Alaska Broadcasting Company, Inc.
(“Alaska Broadcasting”) to the Affiliated Media, Inc. FCC Trust (the “Liquidating
Trust”) pursuant to an order of the United States Bankruptcy Court for the District of
Delaware and as contemplated by the Prepackaged Plan of Reorganization (the
“Prepackaged Plan”) proposed by Affiliated Media, Inc. (formerly named MediaNews
Group, Inc.) (“AMI”)2 and filed in the Bankruptcy Court.

        On January 22, 2010, AMI filed a voluntary petition for relief under chapter 11 of
Title 11 of the United States Code (the “Bankruptcy Code”) in the United States
Bankruptcy Court for the District of Delaware seeking to reorganize under chapter 11 of
the Bankruptcy Code and confirm the Prepackaged Plan.3 AMI is now operating as a
debtor-in-possession (“AMI-DIP”) under the Bankruptcy Court’s jurisdiction and
oversight.

       The Prepackaged Plan contemplates that the Liquidating Trust will be established
pursuant to a separate order of the Bankruptcy Court. A motion was filed with the
Bankruptcy Court on behalf of AMI-DIP seeking Bankruptcy Court approval to establish
the Liquidating Trust and Bankruptcy Court approval to assign the FCC licenses held by
Alaska Broadcasting (and another subsidiary of AMI) to the Liquidating Trust, subject to
FCC approval.

       Upon entry of the order of the Bankruptcy Court establishing the Liquidating
Trust and grant by the FCC of the applications to assign the FCC licenses held by Alaska
Broadcasting (and another subsidiary of AMI) to the Liquidating Trust, these FCC




1
  These earth stations are utilized in the operation of television station KTVA(TV), Anchorage, Alaska. A
similar application seeking FCC consent to the assignment of the broadcast licenses for KTVA(TV) to the
Affiliated Media, Inc. FCC Trust has been filed on FCC Form 316 (see FCC File No. -20100127ACS).
2
  AMI owns 95 percent of the outstanding stock of Alaska Broadcasting. The remaining 5 percent of the
stock is held by several individuals.
3
  An application was filed on January 25, 2010 on FCC Form 312 seeking Commission consent to the
transfer of control of Alaska Broadcasting (File No SES-T/C-20100125-00115) to AMI as debtor-in-
possession.


                                                                                    FCC Form 312
                                                                                     January 2010
                                                                                       Page 2 of 2

licenses will be assigned to the Liquidating Trust.4 The establishment of the Liquidating
Trust is intended to facilitate AMI-DIP’s expeditious emergence from bankruptcy.

        The Liquidating Trust will be controlled by the Trustee Board which will consist
of William Dean Singleton, Joseph J. Lodovic, IV and Howell E. Begle, Jr. These same
individuals currently constitute the Board of Directors of AMI-DIP and Alaska
Broadcasting.5 In addition, Mr. Singleton is Chief Executive Officer and Mr. Lodovic is
President of AMI and Alaska Broadcasting. The Trustee Board will, at all times, be
subject to the ultimate jurisdiction and supervision of the Bankruptcy Court.




4
 The FCC licenses held by Alaska Broadcasting will be assigned to the Liquidating Trust in a two-step
procedure. The licenses will first be assigned by Alaska Broadcasting to AMI-DIP and then immediately
assigned by AMI-DIP to the Liquidating Trust.
5
    These individuals are U.S. citizens.



Document Created: 2010-01-27 15:49:12
Document Modified: 2010-01-27 15:49:12

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