Attachment Exhibits E and F

This document pretains to SES-ASG-20150313-00154 for Assignment on a Satellite Earth Station filing.

IBFS_SESASG2015031300154_1080109

                                                                         Global Digital Media Xchange Inc.
                                                                                         FRN: 0008028789
                                                                                           March 13, 2015
                                                                                            FCC Form 312

         DESCRIPTION OF TRANSACTION AND PUBLIC INTEREST STATEMENT

This application seeks FCC approval for a pro forma assignment of receive-only earth station E130072
from its present licensee, Global Digital Media Xchange Inc., to Warner Bros. Technical Operations Inc.
(“WB Operations”). WB Operations directly owns 100% of Global Digital Media Xchange Inc., and
both WB Operations and Global Digital Media Xchange Inc. are indirectly 100 percent owned by Time
Warner Inc. (“TWI”). As such, this assignment is pro forma under the FCC’s rules.1 The post-
transaction owners of assignee Warner Bros. Technical Operations Inc. are shown in the attached
ownership table and diagram.

Grant of this application will serve the public interest because it will enable TWI to efficiently
restructure its ownership of the FCC licensed assets of Global Digital Media Xchange Inc.

Note: Global Digital Media Exchange Inc. holds an additional earth station authorization under a second
FRN (0010253938), call sign E040137 (transmit-receive). Under that FRN, the licensee’s name was
listed as “Global Digital Media Xchange.” These two FRNs are in fact associated with the same legal
entity, but the licensed facilities are at different locations. The name listed in the FCC’s records for each
FRN has been used in the FCC Form 312 and attachments filed using the FRN.




1
       See In re FCBA’s Petition for Forbearance from Section 310(d) of the Communications Act
Regarding Non-Substantial Assignments of Wireless Licenses and Transfers of Control Involving
Telecommunications Carriers, 13 FCC Rcd 6293, ¶ 8 (1998) (pro forma transactions include an
“assignment or transfer from a corporation to a wholly owned subsidiary thereof or vice versa. . . .”).


                                                                     Global Digital Media Xchange Inc.
                                                                                     FRN: 0008028789
                                                                                       March 13, 2015
                                                                                        FCC Form 312


                            POST-TRANSACTION OWNERS
                     OF WARNER BROS. TECHNICAL OPERATIONS INC.
Warner Bros. Enterprises LLC
Address: 4000 Warner Blvd., Burbank, CA 91522
Citizenship: U.S.
Primary Business: Holding Company

Warner Bros. Entertainment Inc.
Address: 4000 Warner Blvd., Burbank, CA 91522
Citizenship: U.S.
Primary Business: Holding Company

Warner Communications LLC
Address: One Time Warner Center, New York, NY 10019
Citizenship: U.S.
Primary Business: Holding Company

Historic TW Inc.
Address: One Time Warner Center, New York, NY 10019
Citizenship: U.S.
Primary Business: Holding Company

Time Warner Inc.
Address: One Time Warner Center, New York, NY 10019
Citizenship: U.S.
Primary Business: Media

No entity or individual owns ten percent or more of the equity of Time Warner Inc.




                                                 -2-


               Pre-Transaction Structure




                              Time Warner
                                  Inc.



                      92.44%




                          Historic TW Inc.



7.56%
               100%
                                              100%




        Turner Broadcasting             Warner
            System, Inc.            Communications LLC




                                                  100%



                                       Warner Bros.
                                     Entertainment Inc.




                                                 100%




                                       Warner Bros.
                                      Enterprises LLC




                                                  100%



                                       Warner Bros.
                                        Technical
                                      Operations Inc.




                                                  100%


                                    Global Digital Media
                                       Xchange Inc.
                                        (Licensee)


                      Post-Transaction Structure




                              Time Warner
                                  Inc.



                       92.44%




                           Historic TW Inc.



7.56%
               100%
                                              100%




        Turner Broadcasting             Warner
            System, Inc.            Communications LLC




                                                   100%



                                       Warner Bros.
                                     Entertainment Inc.




                                                   100%




                                       Warner Bros.
                                      Enterprises LLC




                                                   100%



                                       Warner Bros.
                                         Technical
                                      Operations Inc.
                                        (Licensee)



                                                   100%



                                    Global Digital Media
                                       Xchange Inc.



Document Created: 2015-03-13 17:08:02
Document Modified: 2015-03-13 17:08:02

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