Attachment Exhibit E

This document pretains to SES-ASG-20170111-00026 for Assignment on a Satellite Earth Station filing.

IBFS_SESASG2017011100026_1164054

FCC Form 312 EXHIBIT E DESCRIPTION OF PRO FORMA TRANSACTION The instant Form 312 application serves as notification of the pro forma assignment of receive- only earth station license E050395 from KMBC Hearst Television Inc. (“KMBCHTV”) to Hearst Stations Inc. (“Hearst Stations”). KMBCHTV is also the licensee of television station KMBC-TV, Kansas City, Missouri. A Media Bureau application on FCC Form 316 with respect to KMBC-TV has been filed and granted, and the transaction has consummated. KMBCHTV and Hearst Stations are wholly owned subsidiaries of Hearst Television Inc. (“Hearst Television”). Hearst Television is owned by Hearst Broadcasting, Inc. (“HBI”); HBI is owned by Hearst Communications, Inc. (“Communications”); Communications is owned by Hearst Holdings, Inc. (“Holdings”); and Holdings is owned by The Hearst Corporation (“Hearst”). For corporate organizational reasons, Hearst has merged KMBCHTV with and into Hearst Stations. Hearst Stations is the surviving entity. Following is a summary depiction of the proposed pro forma transaction: -1-

CHANGES IN INTERESTS AS A RESULT OF TRANSACTION Interest Held Names and Addresses Citizenship Before Transaction After Transaction % of Votes % of Assets % of Votes % of Assets The Hearst Corporation Domestic (Indirect Parent Company of 100% 100% 100% 100% Corporation the Parties to the Application) ***** -2-

FCC Form 312 EXHIBIT F PUBLIC INTEREST STATEMENT The assignment of the registration for E050395 from KMBCHTV to Hearst Stations Inc. serves the public interest by allowing the licensee to continue to use the facility in its newsgathering operations in connection with the operation of television station KMBC-TV. *****



Document Created: 2017-01-11 14:33:36
Document Modified: 2017-01-11 14:33:36
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