Attachment Exhibit E

This document pretains to SES-ASG-INTR2019-00410 for Assignment on a Satellite Earth Station filing.

IBFS_SESASGINTR201900410_1627688

                                      EXHIBIT E
                           DESCRIPTION OF TRANSACTION AND
                                CHANGES IN INTEREST

        The instant application proposes a pro forma assignment of Transmit/Receive Fixed Ku-Band
earth station registration E060152 (the “Station”) from Quincy Media, Inc. (“Quincy”) to KVOA
License, LLC (“Assignee”). Assignee is a wholly owned, second tier subsidiary of Quincy.

       Quincy is party to a pending assignment application on file with the International Bureau in
which it proposes to become the assignee and licensee of the Station from assignor KVOA
Communications, LLC. See IB File No. SES-ASG-20181109-03161. The earlier filed International
Bureau application is part of a larger transaction involving the assignment by KVOA Communications,
LLC to Quincy of full-service station KVOA(TV), Tucson, AZ. The Media Bureau application on
FCC Form 314 with respect to full-service station KVOA(TV) is currently pending in MB File No.
BALCDT-20181109AAC.

        The instant pro forma application is related to the corresponding pro forma assignment of full-
service station KVOA(TV) from Quincy to Assignee on FCC Form 316, currently pending with the
Media Bureau in MB File No. BALCDT-20190219ABA.

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

      BEFORE ASSIGNMENT                                     AFTER ASSIGNMENT


          Quincy Media, Inc.
                                                                 Quincy Media,
                                                                      Inc.
        (Proposed Licensee of
              E060152)                                               (100%)


                                                                     KVOA
                                                                 Television, Inc.
                                                                     (100%)


                                                                 KVOA License,
                                                                     LLC
                                                                   (Proposed
                                                                   Licensee of
                                                                    E060152)


       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).


         Since this application is in connection with an internal corporate restructuring, there is no
formal written agreement for this pro forma transaction. The attributable parties of KVOA Television,
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 FCC 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

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

 KVOA 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: 2019-02-20 15:05:39
Document Modified: 2019-02-20 15:05:39

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