Attachment Exhibit E

This document pretains to SES-ASG-20190306-00273 for Assignment on a Satellite Earth Station filing.

IBFS_SESASG2019030600273_1633790

                                         EXHIBIT E
                                DESCRIPTION OF TRANSACTION

       The instant Form 312 application serves as notification of the pro forma assignment of
Receive-Only Fixed C-Band earth station registrations E050186, E181066, E180979, and E180980
from Quincy Media, Inc. (“Quincy”) to WSIL License, LLC (“Assignee”). Assignee is a wholly
owned, second tier subsidiary of Quincy.

        Notification to the International Bureau of the assignment from WSIL-TV, Inc. to Quincy was
recently filed in IB File No. SES-ASG-INTR2019-00256.

        The instant pro forma application is related to the corresponding pro forma assignment of full-
service stations WSIL-TV and KPOB-TV from Quincy to Assignee on FCC Form 316, recently
granted by the Media Bureau in MB File No. BALCDT-20190211AAL. The pro forma transaction has
been consummated as of March 4, 2019.

       Following is a summary depiction of the proposed pro forma transaction:

      BEFORE ASSIGNMENT                                     AFTER ASSIGNMENT

          Quincy Media, Inc.
                                                                 Quincy Media,
        (Licensee of E050186,                                         Inc.
       E181066, E180979, and
              E180980 )                                              (100%)




                                                                 WSIL Television
                                                                Southern Illinois,
                                                                      Inc.
                                                                     (100%)



                                                               WSIL License, LLC
                                                                  (Licensee of
                                                                    E050186,
                                                                    E181066,
                                                                 E180979, and
                                                                   E180980)


       This transaction is pro forma in nature because the transaction is a “corporate reorganization
which involves no substantial change in the beneficial ownership” of the FCC licenses. See 47 C.F.R.
§ 73.3540(f)(4).


         Internal corporate documentation was executed on March 4, 2019, to effectuate the assignment
of FCC licenses from Quincy to Assignee. The attributable parties of WSIL Television Southern
Illinois, Inc. and Assignee are made up entirely of attributable parties of Quincy. The qualifications of
the attributable parties of Quincy were last approved on “long-form” by the Commission on December
20, 2018, in MB File No. BALCDT-20181031AAI.

        Following is a table describing the changes in interest as a result of this pro forma transaction:

                                                                               Interest Held
       Names and Addresses           Citizenship
                                                          Before Transaction                   After Transaction

                                                     % of Votes       % of Assets        % of Votes       % of Assets
 Quincy Media, Inc.
 (Assignor)
                                     Domestic
 PO Box 909                                            100%             100%               100%*            100%*
                                    Corporation
 Quincy, IL 62306

 WSIL Television Southern
 Illinois, Inc.
 (Holding Company for
                                     Domestic
 Assignee)                                              0%                0%               100%*            100%*
                                    Corporation
 PO Box 909
 Quincy, IL 62306

 WSIL License, LLC
                                     Domestic
 (Assignee)
                                      Limited
 PO Box 909                                             0%                0%               100%             100%
                                     Liability
 Quincy, IL 62306
                                     Company
 * Interest held indirectly via one or more wholly owned corporate intermediary entity(ies).


                                                    *****



Document Created: 2019-03-06 10:46:19
Document Modified: 2019-03-06 10:46:19

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