Attachment Exhibit E

This document pretains to SES-ASG-20170111-00028 for Assignment on a Satellite Earth Station filing.

IBFS_SESASG2017011100028_1164040

                                                                                      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 E860473 from WCVB Hearst Television Inc. (“WCVBHTV”) to Hearst
Stations Inc. (“Hearst Stations”). WCVBHTV is also the licensee of television station WCVB-TV,
Boston, Massachusetts. A Media Bureau application on FCC Form 316 with respect to WCVB-TV has
been filed and granted, and the transaction has consummated.

        WCVBHTV 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 WCVBHTV 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 E860473 from WCVBHTV 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 WCVB-TV.


                                        *****





Document Created: 2017-01-11 14:44:49
Document Modified: 2017-01-11 14:44:49

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